PURCHASE OF AN APARTMENT BUILDING
Purchase of Apartment Buildings with Wallfeld
We provide close and professional support to purchasers so they can find a property which most closely meets their investment requirements.
Regardless of whether your property planning is short, medium or long-term – we develop the most suitable investment strategy for you.
Our broad, detailed and constantly growing network enables us to identify a property which perfectly fits your requirements, and to assist you in making the correct choice from a broad range of various properties on offer.
STAGES IN THE PURCHASE OF AN
APARTMENT BUILDING
PERSONAL CONSULTATION AND DETERMINING YOUR REQUIREMENTS
In a personal consultation, we together determine your personal requirements such as the desired location of the property, your investment goals in property acquisition, your available finances and your expectations concerning returns on the apartment building.
OUR WAYS TO IDENTIFY THE PERFECT APARTMENT BUILDING
– by targeted acquisition
– by accessing our comprehensive network
– by consultation with third parties and examination of external property offers
SALES AGREEMENT NEGOTIATION AND NOTARISATION
Our expertise is at your disposal throughout the entire purchase process. You can rely on the professional support of our experts.
AFTER SALES SERVICES
As before the sale, so after it – we attach particular importance to long-term professional relationships. To this end we support you after completion of the sale in all further issues concerning the apartment building, such as additional inspections or coordination with property administrators and bank auditors.
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WALLFELD
RELIABLE PARTNERS IN APARTMENT BUILDING PURCHASE
DEVELOPING YOUR INVESTMENT STRATEGY
DUE DILIGENCE SUPPORT
BROAD RANGE OF APARTMENT BUILDINGS OFFERED
AFTER SALES AND FULFILMENT SERVICE
POINTS TO NOTE WHEN PURCHASING AN APARTMENT BUILDING
There are a number of aspects that should not be underestimated when considering the purchase of an apartment building as an investment:
REFURBISHED BUILDINGS
When looking to purchase an apartment building as an investment and seeking an „allround care-free package“, then a refurbished property is a good option. Ideally the roof is also developed for residential use so as to optimise rental incomes.
NECESSARY MAINTENANCE
It is advisable to have a maintenance schedule prepared by a specialist such as an experienced architect. A maintenance schedule enables you to take forthcoming refurbishments and modernisations into account. This in turn allows you to assess whether the purchase is ultimately worth it.
CAREFUL CHECKING IS WORTH IT
Walk through the building and ask to see apartments which have been let for varying lengths of time – in this way you can form an overall view. In our daily work we constantly see a mix of fitting standards in one and the same property. Depending on the condition, a re-let through a change of tenant can take place either immediately or only following thorough refurbishment. A general plausibility study of tenancies should also be checked, whether all rented areas are above ground or in the basement – or even whether areas additional to rental space have to be taken into account.
OUR SUCCESSFUL SALES
OUR SUCCESSFUL APARTMENT HOUSE PURCHASE PROJECTS
Where apartment buildings are concerned, we bring the right investors and vendors together. Our service offer comprises extremely attractive opportunities in the most highly sought-after locations.
OUR PROJECTS
