top of page

Property
BUY + SALE

Buying and selling real estate are complex legal and financial transactions. Generally speaking, this refers to...

the process of transferring ownership of land or buildings from one party (the seller) to another (the buyer) in exchange for a sum of money.

Here is a breakdown of the core concepts:

Buying real estate (acquisition)

During the purchase process, a person or organization acquires the right to own, use, and dispose of a property.

Important aspects:

  • Financing: Most buyers need a mortgage or a loan from a bank to cover the purchase price.

  • Property search: The search for a suitable property, often with the help of a real estate agent or via online platforms.

  • Offer and negotiation: Submission of a purchase offer and subsequent negotiations on the price and conditions.

  • Due diligence: Comprehensive examination of the property (e.g. by an appraiser) to uncover defects, legal problems or encumbrances (such as mortgages or rights of way in the land register).

  • Purchase agreement and conclusion: The legal transfer of ownership takes place through a notarized purchase agreement and registration in the land register.

Selling real estate (sale)

The sales process includes marketing the property, finding a buyer, and the legal transfer of ownership.

Important aspects:

  • Valuation: Determining a realistic asking price, often by a professional appraiser or real estate agent.

  • Marketing: Marketing the property to potential buyers, either privately or through a real estate agent.

  • Negotiation and acceptance: Negotiations with potential buyers and acceptance of a binding offer.

  • Legal processing: Preparation of all necessary documents, obtaining relevant permits and cooperation with notaries and banks to ensure the transfer of ownership.

  • Tax aspects: Depending on the holding period and local laws, taxes may be incurred upon sale (e.g., speculation tax).

Both buying and selling usually require collaboration with professionals like us, appraisers, bank advisors and notaries to ensure that all legal requirements are met.

bottom of page