|
Guide to Renting Out Property in Germany
Who lists property for rent?
In Germany you will usually find two types of rental listing
offers: Those from private landlords offering the house or apartment for rent,
and those
from
agencies
or brokers. Private people can either be landlords who own the house, or
alternatively existing tenants
who are looking for someone to take over and step into their terms of contract;
or private people or companies who have actually rented a place and want
to sublet it, either for commercial reasons or because they have to move
to another place for a while. A final possibility would be property management
institutions, banks and large-scale portfolio investors.
Who is it better to rent property from?
As in the UK private advertisements in newspapers often bring the lowest
rents. As the tenant usually has to pay the agent or broker in Germany (the "Immobilienmakler", "Immobilien
Firma" or short "Immobilien"), many tenants try to save
this fee and go directly to landlords via these adverts. This
procedure can have its problems. Normally by using an agency you deal
with professionals who know the rental
laws, the rules and how the contract has to be worked out between tenant
and landlord. But there may be another issue too. When it comes to negotiating
certain points like the rent, work to be done in the house, terms of lease
time and so forth, very often both parties are well advised to have an
agent
as a kind of mediator.
For an investor it is best to work with a reliable agent who knows your
language and gives you personal attention.
How to read home listings in papers or online
If you read German home rental listings, you will encounter some particular
abbreviations :
2 ZKB = 2 Zimmer, Küche, Bad. That means a flat with two rooms, a kitchen,
and a bath. Kitchen, bath, storage cabinets and hallways do not count as rooms.
Germany does not list by number of bedrooms, so you have to figure out that
- for example 2ZKB probably means one living room and one bedroom.
3 ZKBB = 3 Zimmer, Küche, Bad, Balkon. A balcony is now added
in the second B. And another bedroom.
4 ZKBB = 4 Zimmer, Küche, Bad, Balkon. But that can be two bedrooms or
three bedrooms. E.g. two bedrooms, living room and dining room.
2 1/2 ZKB = 2.5 rooms. The half room is usually a room that due to its small
size cannot be counted as a full room.
The term "Studio" is seldom used. More often you find 1 Zimmer Apartment
or 1 Zimmer Wohnung.
ETW means "Eigentumswohnung" and this means a condo or flat for
sale within a multiple dwelling house. It refers to sales, not to rentals.
RH = Reihenhaus and is a town house or row house. Usually has only small piece
of ground with it.
REH = Reihenendhaus, a townhouse at the end of a line of houses, usually more
attractive and with a larger plot.
DHH = Doppelhaushälfte; semidetached home. Bigger than a Reihenhaus.
EFH = Einfamilienhaus; a house for one family. Can be RH, REH, DHH; but normally
is being used for a single standing home.
Villa = villa surprisingly enough.
Bungalow = flat house with one level, sometimes with living space in the basement
too.
ELW = Einliegerwohnung. Thats a separate small flat within a house, often
used for a maid or as a guest apartment or being rented separately.
Mieter = Tenant
Miete = Rent
Vermieter = Landlord, lesser
mieten = to rent (verb)
vermieten = to let (verb)
NK = Nebenkosten; utilities (gas, water, electricity, garbage, tax, etc.)
Sizes
In Germany flat and house sizes offered for rent are being quoted in m² or
square meters (also: sqm or Quadratmeter). How do sqm convert to square feet
or square yard? One square meter = 10,764 square feet. To make it easy,
just multiply the square meters by 10 and you roughly know the square footage.
Wohnfläche = Net Living space (in sqm). All rooms that are usually used
for living, including bath, kitchen, hallway.
Nutzfläche = other usage space not living space (only indoor). E.g. storage,
attic, rooms or space smaller than 1.50 meters, rooms with no heating in them
or no windows.
Rents are based on the Wohnfläche. A large Nutzfläche however is
to be considered with a portion of rent, too.
Other abbreviations
ZH = Zentralheizung. Central heating. Can be powered by gas or oil.
GEH or ETH = Gasetagenheizung. Heating system with gas which is for that one
flat only.
|