SALE OF APARTMENT BUILDINGS

Sale of Apartment Buildings with Wallfeld

We know the prevailing market cycles and the associated development trends. This enables us to achieve the optimum sales price for our clients.
The achievable price of a property is determined by objective criteria as well as by individual preferences, such as specific features which are crucial for private investors in particular.

We can identify the right purchaser for your property – that is the purchaser who individually attaches the highest value to your apartment building.

Wallfeld Purchase of an Apartment Building

STAGES IN APARTMENT BUILDING SALE

ASSESSING MARKET PRICE

By means of a personal consultation we clarify the existing circumstances and determine the achievable price of your property, taking all relevant aspects into account.

CONCLUSION OF EXCLUSIVE BROKER AGREEMENT

Once we have received your exclusive real estate broker agreement, we can then address the sale in earnest.

PREPARATION, VENDOR DUE DILIGENCE AND PLAUSIBILITY APPRAISAL

We oversee your due diligence check, including arranging data rooms and maintaining constant contact with all concerned parties.

VISUALISATION WITH HIGH-LEVEL PHOTOGRAPHY

We stress the importance of a faultless presentation of your apartment building – professional standard photography is essential. We pay close attention to ensure that your property is displayed also visually in its very best light.

ADDRESSING INVESTORS CURRENTLY WITH OVER 500 ACTIVE SEARCH PROFILES

Our broad and detailed network enables us to identify the ideal investor for your property. We select those particular investors whose preferences correspond closely to the individual features of your apartment building.

ON-SITE INSPECTION

We conduct independent inspections with the selected investors most interested in your property.

WEEKLY REPORTS

We keep meticulous records of our activities and inform you at regular intervals on the current state of proceedings and progress of the sale.

CONTRACT CONCLUSION AND NOTARISATION

Our professional competence is at your disposal during the entire sales process. You can depend at all times on the support of our experts.

AFTER SALES SERVICES

We attach great value to long-term professional relationships. We support you accordingly after completion of the sale in all further issues arising in connection with the property. These include additional inspections or coordination with property administrators or bank auditors.

WALLFELD

RELIABLE PARTNERS IN APARTMENT BUILDING SALES

DETAILED AND ALWAYS GROWING NETWORK

HIGHEST LEVEL OF DISCRETION GUARANTEED

LONG EXPERIENCE OF THE APARTMENT BUILDING MARKET

PASSION ABOUT THE PROPERTY MARKET

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POINTS TO NOTE WHEN SELLING AN APARTMENT BUILDING

The pitfalls generally arise prior to the sale and result in your failing to achieve the maximum sales price:

POOR TENANCY AGREEMENTS

Low rentals and individual tenant rights may adversely affect the achievable sales price of a property. One decisive point affecting whether and at what price and you can sell your property to an investor is the level of rental income.

DISPUTES WITH TENANTS

Should disputes with one or more tenants arise, this inevitably has an adverse effect on the sales price of your property. Our financially strong investors in particular place high value on a ‚peaceful’ apartment building and on discretion.

NECESSARY EXPENDITURE

The roof needs to be replaced, walls insulated or wiring renewed? Forthcoming necessary expenditure plays a significant role in sales price negotiations.

PROTECTED BUILDINGS

Protected properties can be especially attractive for many investors, not least in view of the associated tax advantages. But if extensive refurbishment is needed, then the preservation of a protected property can entail intensive levels of work and attention.

BUILDING PLANNING AND PROJECT DEVELOPMENT IN A LOCATION

Are you aware of building plans directly in the vicinity of your property, such as the erection of a major shopping mall? This can positively influence the sale price, as good infrastructure and potential employment strengthen the demand for residential property.

ESTIMATING THE SALES PRICE FOR APARTMENT BUILDINGS – IMPORTANT ASPECTS

Significant factors in estimating the market price of property such as apartment buildings are as follows:

RENTAL INCOME

The central aspect for investors is the rental income to be generated. Well-developed apartment buildings offering secure cash flows through effective asset management have their own target group – as do houses with low average rentals and rather neglectful asset management. Before entering into a sale, it makes perfect sense to involve one of our known asset managers to thoroughly restructure the administration of your apartment building.

FABRIC OF THE BUILDING

The fabric of the building, the age of technical facilities and the condition of individual apartments, inevitably play a significant role for the sales price of your property. An entire property which requires constant investment for modernisation and refurbishment is a different proposition from an “all-round carefree package”.

TYPES OF EQUIPMENT AND FITTINGS

Alongside the general condition of the building, the equipment and level of refurbishment of apartments is of great importance for the achievable price of the property. Aspects such as the size of apartments, bathroom fixtures and fittings, fitted kitchens, high quality flooring, modern high-quality windows, balcony and effective room layout, play a significant part in the achievable price of the entire apartment building.

EXISTING RENTAL AGREEMENTS

What is the status of existing tenancies in the building? How are the rental agreements structured? Are they for limited or unlimited periods? Do they afford particular rights to tenants, such as the right to sublet or additional use at no cost of a garden or other area? All these aspects are decisive for the quality of rental agreements and accordingly for estimating the sales price.

Wallfeld Anlageimmobilien conducts the entire process of assessing the market price of an apartment building.

OUR SUCCESSES IN THE SALE OF APARTMENT BUILDINGS

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
Wallfeld Anlageimmobilien Projects

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