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ESG – what property owners need to know

According to EU guidelines, the building stock in Europe should be virtually climate-neutral by 2050. This affects 240 million buildings. Older buildings in particular are still energy-inefficient and responsible for a large proportion of European greenhouse gas emissions. ESG (Environmental, Social, Governance) is intended to help real estate adapt to climate requirements. What does this mean for owners?

ESG encompasses sustainable, social, and corporate criteria. However, these do not only apply to real estate companies, project developers, and investors. It can also be worthwhile for homeowners who live in their own property to take some ESG criteria into account. After all, a sustainable property is often also an economical property. Social and ethical aspects, on the other hand, tend to play a greater role when renting to commercial tenants.

Sustainable construction and legal obligation to retrofit

Resources such as oil and gas are not only finite, they are also becoming increasingly expensive. Sooner or later, sustainable new construction and energy-efficient renovation will become increasingly important. Buyers of old existing properties are already obliged by the Building Energy Act (GEG) to renovate and modernize them to make them energy efficient.

It makes sense to seek advice from energy, real estate, and financing experts on what is technically and financially feasible and sensible. A local quality broker can help you find the right experts. They can also assess how individual measures will affect the value of your property.

Subsidies for sustainable renovations

Subsidies for energy-efficient renovations can be applied for from the BAFA or KfW. The lower the energy consumption of the property after renovation, the higher the subsidy. It is important to apply for subsidies before you hire the tradespeople. In addition, very low-interest loans can be taken out from KfW Bank and state repayment subsidies can be granted.

Think entrepreneurially as a homeowner

Governance, i.e. corporate management, generally tends to be more relevant to real estate entrepreneurs, project developers, and investors. However, entrepreneurial thinking can also be helpful for homeowners when planning to sell their property. For example, transparent communication with the potential buyer is important.

Deliberately concealing defects can have legal consequences later on. On the contrary, being open about defects can be used to justify the asking price and counteract attempts by prospective buyers to negotiate the price down. With the right strategy, you can achieve a market-driven sale price.

Would you like to know how climate-neutral renovation will affect the value of your property? Contact us! We will be happy to advise you.

 

Notes

For reasons of better readability, the generic masculine form is used in this text. Female and other gender identities are expressly included insofar as this is necessary for the statement.

Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific case.

Photo: © VectorMine/Depositphotos.com

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Sustainability in the real estate sector: support programs and benefits for owners

Sustainability is no longer just a buzzword, but plays a central role in the real estate sector. Owners who focus on energy-efficient construction, resource-saving modernization, or sustainable management of their properties today benefit in several ways: through government subsidy programs, long-term cost savings, and a significant increase in the value of their property. In the Olpe district and neighboring regions in particular, the requirements for sustainable standards are rising—and with them the demand for modern, future-proof properties. Whether KfW promotional loans for energy-efficient renovation, subsidies for photovoltaic systems, or special incentives from the federal states: it is worthwhile for owners to invest specifically in sustainable measures. In addition to reducing ongoing operating costs, such investments significantly increase the attractiveness of properties for buyers and tenants. Better rentability, higher return prospects, and a greater sense of security with regard to upcoming legal regulations are convincing arguments for more sustainability in real estate portfolios. Those who look into funding opportunities and sustainable concepts early on create real added value for themselves and future generations.

Home trends for 2025: Which features are particularly sought after in Attendorn?

What will make living in Attendorn particularly attractive in 2025? At a time when demands on owner-occupied homes and rental apartments are constantly rising, innovative features are becoming the focus of buyers and tenants alike. The local real estate market clearly shows that quality, energy efficiency, and technical sophistication have long been among the most important criteria when choosing a place to live. Not only are sustainable energy concepts such as heat pumps, photovoltaic systems, and modern insulation in demand, but also smart home technology, flexible room solutions, and high-quality bathrooms. In Attendorn in particular, trends are emerging that offer long-lasting living comfort and flexibility in everyday life. Living spaces that create a feeling of freedom with well-thought-out lighting concepts, floor-to-ceiling windows, and spacious balconies are just as popular as practical features such as charging stations for electric vehicles, accessibility, and individual design options. such as charging facilities for electric vehicles, accessibility, and individual design options. This combination of forward-looking and practical features makes real estate in Attendorn particularly attractive not only for owner-occupiers but also for investors. For owners who want to sell or rent out their properties, these developments offer valuable guidance on how to optimally tailor their properties to the needs of the market in 2025.

Current trends in the real estate market in 2025: What buyers and sellers should know

The real estate market in 2025 is facing dynamic changes that will have a significant impact on both buyers and sellers. One key trend is the increased use of digitalization in real estate, from virtual viewings to data-based price analyses. These technologies enable potential buyers to make informed decisions and offer sellers forward-looking marketing strategies. Demand for environmentally friendly and energy-efficient properties is also growing rapidly. Modern buyers value low emissions and sustainable construction, which has a significant impact on property values. Another trend is the urbanization of smaller cities, as more and more people are moving from large cities to smaller communities to benefit from a higher quality of life and lower prices. This development opens up opportunities for sellers who invest early in up-and-coming regions. At the same time, this means that buyers should consider more options outside the traditional "hotspots" in major cities. In summary, knowledge of these trends and their implications for the buying and selling process can have a decisive impact. It is now more important than ever for buyers and sellers to closely monitor the market and position themselves accordingly.

How do energy standards affect property values?

Modern insulation, efficient heating technology, and low energy costs are no longer just trends, but decisive factors that directly influence the value and sales potential of your property. Read here to find out why it pays for owners to invest in energy-efficient modernization in good time and how the market is likely to develop in the future.

Increase property value through barrier-free conversion?

As our society ages, barrier-free living space is becoming increasingly important. More and more young prospective buyers are looking into the possibility of barrier-free conversion of a property. This is because they want to continue living in their own four walls in their old age. But can barrier-free conversion really increase the value of a property?

What information does an energy performance certificate provide?

Poor energy efficiency, hardly any interested buyers – if your property isn't quite up to date in terms of energy efficiency, you'll know what we mean. Especially now that property prices are falling, an energy performance certificate is particularly important. This is because it also contains recommendations for modernization.

Attractive subsidies for renovation measures in 2024

Buyers of real estate are obliged to renovate their new property within two years of the purchase date. As there are government subsidies available for renovation work, buying a property in need of renovation can be a bargain. However, what is worthwhile depends on the individual case. Here you will find an overview of the current government renovation subsidies.

The end of electricity and gas price caps: these are the costs homeowners can expect

With the start of 2024, electricity and gas price caps will be a thing of the past. The German government introduced these measures in 2023 to counteract the drastic rise in energy prices. But what does the end of the electricity and gas price brakes mean for homeowners? Will things now become more expensive?

Checklist – what is important to you when it comes to living in old age?

As we get older, living in our own homes can become a challenge. In order to be able to live comfortably and carefree in your own home in your later years, it is crucial to understand the needs that change with age and to modify your living conditions accordingly. Our checklist helps you keep track of the most important things.

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