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property value corona

Conveyancing GermanyGerman LawGerman Succession & Inheritance Law

Selling Property in Germany? Better hurry!

Corona Crisis will cause German Real Estate Prices to drop For two decades, the only way was up when it came to market value (Verkehrswert) of German houses, flats and apartments, especially in large German cities like Munich, Frankfurt or Berlin. In 2020, this will all change! Even before the Corona outbreak in Europe, the rise in German property prices was no longer as steep as in previous years, due to a combination of extensive…
Bernhard Schmeilzl
March 18, 2020