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Two elderly couples greet each other warmly with a handshake. - ©annas.stills.gmail.com/Depositphotos.com

Gerda H.: "This is how I found my senior living community"

When my husband died a year ago, it was clear that I could no longer take care of our large house on my own. And none of the children wanted to take it over. I had no choice but to look for something more suitable for my age. I decided on a senior citizens' shared apartment. But finding the right one wasn't easy.

Since I am still in very good health and do not need any help in everyday life, a retirement home was out of the question. Nevertheless, I did not want to live alone. In conversation with my children Georg and Stefanie, we came up with the idea of a shared apartment for seniors. Stefanie then looked into the possibilities on the Internet.

Start my own shared apartment?

Since I wanted to choose who I lived with, I initially intended to start my own shared apartment. But it quickly became clear that the effort involved was simply too great. Not only would I have had to find a suitable apartment to rent, but I would also have had to find suitable roommates. I was also unsure about how big everything should be. After all, the more roommates, the more we would have to share the costs.

Move into an existing shared apartment?

I quickly ruled out starting my own shared apartment. So my children and I decided to look for an existing senior citizens' shared apartment in a care facility. That seemed like a good decision for the future. After all, who knows, maybe I won't be so fit someday.

Stefanie found a few facilities near her. I then looked at three shared apartments and got to know the other residents. A mixed group of four was looking for a fourth roommate. The other two shared apartments were for women only.

At first, I was skeptical because I was joining an existing group on my own. But I actually got along well with everyone. They told me about their experiences; after all, they had been in the same situation as me. I could have moved into two of the apartments. I decided on the mixed flat share. I've settled in well now.

What will happen to the house?

Since Stefanie and Georg both have their own houses, neither of them wanted to move in there. So we decided together to sell the house. Since we didn't want to deal with selling the house on top of looking for a shared apartment, we hired a local real estate agent. Everything went smoothly and quickly. I have already distributed part of the proceeds from the sale to my children and grandchildren as an advance inheritance, and I have put some aside for myself.

are you considering how you would like to live in your old age? 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: © annas.stills.gmail.com/Depositphotos.com

That depends on the individual case. Certain properties (e.g. vacation homes) are in higher demand at certain times and are therefore easier to sell.

Is there an optimal time to sell real estate?

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Why a real estate agent will be indispensable in 2025: advantages and added value

At a time when the real estate market is more complex and dynamic than ever, real estate agents will remain an indispensable partner for anyone looking to sell or rent their property in 2025. Real estate agents not only offer valuable support in pricing and strategically approaching buyers, but also act as expert advisors throughout the entire sales process. A real estate agent brings more than just experience to the table. They provide a comprehensive market analysis that helps to achieve the best possible sale price. With a deep understanding of regional conditions, agents are able to identify and avoid potential pitfalls at an early stage. At the same time, they offer emotional support and relief by taking care of formalities and negotiations. This is particularly valuable at times when real estate transactions are often more than just business, but also involve emotional decisions.

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Selling a house requires much more than just putting a "for sale" sign in the front yard. Strategic preparation is essential to achieve the best possible sale price and find the right buyer in a timely manner. Determining the market value is the first important step. A well-founded property valuation ensures that you neither underestimate nor overestimate the value, which could deter potential buyers. Experts such as those at Garcia & Co Immobilien GmbH offer many years of experience and precise analyses. Once the value of the property has been determined, effective presentation is crucial. An attractively designed brochure, supplemented by professional photographs, highlights the best features of your property. Consider carrying out minor renovations if necessary to increase its appeal. Well-maintained properties with attention to detail are more likely to attract interested parties and can have an emotional impact on those looking for a new home. Finally, you should prepare for negotiations so that you can respond to the expectations of interested parties. Openness and transparency play a major role here, because trust is an invaluable advantage when selling a house.

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Selling a residential property is often one of the most important decisions in a homeowner's life. Achieving the best possible price requires a well thought-out and strategic approach. First, a precise market analysis is essential. This allows you to estimate the current value of the property and skillfully use this information in price negotiations. A reliable property valuation not only builds trust with potential buyers, but also forms the foundation for all further sales strategies. Another important aspect is a high-quality property listing. Professional photos and a detailed description can be decisive in attracting the interest of the target group. In the digital age, a compelling online presentation of your property is essential. Platforms with a wide reach and a targeted approach increase visibility and maximize the chances of achieving the best possible price. Each of these steps requires careful planning and execution to ensure that the sales process is not only successful but also runs smoothly.

How do energy standards affect property values?

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