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KfW FUNDING 2024 "YOUNG BUYS OLD"

Since September 2024, KfW's new promotional loan has made it easier for young families to purchase existing properties.

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

We would be happy to advise you on your options for purchasing real estate and find an existing property that meets your requirements.

KfW FUNDING 2024 "YOUNG BUYS OLD"

Since September 2024, KfW's new promotional loan has made it easier for young families to purchase existing properties.

Garcia Immobilien

YOUR SPECIALIST FOR REAL ESTATE

We would be happy to advise you on your options for purchasing real estate and find an existing property that meets your requirements.

The path to home ownership through "Young buys old"

Garcia & Co. Immobilien

Find property Your personal consultation

The dream of owning your own home – many families have it, but affordable housing is often hard to find. Especially in times of rising real estate prices, the desire for a home of their own seems to be slipping further and further out of reach for young families. But there is hope: the new KfW subsidy program "Jung kauft Alt" (Young People Buy Old) was launched on September 3, 2024, and could be just the solution many have been waiting for.

Focus on families: a subsidy program for the future

"Young buys old" is aimed at families with minor children who are willing to buy an old house in need of renovation and turn it into an energy-efficient home. Why? Because it's not just about acquiring a property – it's about actively contributing to reducing energy consumption in existing buildings while improving the quality of life within your own four walls. This program could be a real turning point, especially for families who want to live more sustainably and save money at the same time.

"It's far too old" – when old buildings offer an opportunity

Imagine: an old house with creaky floorboards, yellowed wallpaper, and a touch of the past. At first glance, perhaps not what you've always dreamed of. But this is exactly where "Jung kauft Alt" comes in. It offers families the opportunity to purchase these old buildings at affordable prices and, with energy-efficient renovations, not only increase their living comfort but also save significantly on energy costs.

What makes this program special? Families can access a subsidized loan with an unbeatable interest rate of just 1.51% effective for a term of 35 years and a 10-year fixed interest rate. This makes the dream of owning your own home affordable for many who might otherwise not have access to such favorable terms.

Income limits: Who is eligible for support?

Of course, there are certain conditions. To be eligible for the subsidy, the taxable household income for a family with one child must not exceed EUR 90,000. This limit increases by EUR 10,000 for each additional child. This is to ensure that families who often miss out on the free market receive special support.

Focus on energy efficiency

"Jung kauft Alt" specifically promotes the purchase of properties classified in energy efficiency classes F, G, or H. Anyone who takes on the challenge of buying such a building undertakes to upgrade it to at least energy efficiency class 70 EE within 54 months of the subsidy being granted. This means that not only the environment benefits in the long term, but also your own wallet – because an energy-efficient house consumes significantly less energy and thus ensures lower running costs.

A home for the family – long-term and sustainable

An important aspect of the program is the obligation to use the property for your own purposes: the subsidized home must be used by the family for at least five years. This not only promotes long-term investment in your own future, but also creates space for stability and roots in your own home.

The path to home ownership with "Jung kauft Alt"

For many families, the program is a unique opportunity. The purchase price of the property, including the land costs, is eligible for funding—a major advantage, as it is often these initial costs that present obstacles. But "Jung kauft Alt" not only makes it easier to get started, but also offers the opportunity to benefit from lower energy costs in the long term and do something for the environment at the same time thanks to energy-efficient renovation.

For families who want to put down roots, this program is a real gift. It combines government support, energy efficiency, and the opportunity to own an affordable home.

So why not take the plunge and breathe new life into an old house? The "Young Buys Old" program could be the key to your new dream home—a sustainable and future-proof investment in the housing of tomorrow.

Everything you need to know at a glance:

KfW loan "Young buys old" at a glance

  • Funding objective: Support for the purchase and energy-efficient renovation of old buildings.
  • Loans: Low-interest loans with an effective interest rate of 1.51% for a term of 35 years and a fixed interest rate for 10 years.
  • Income limits: The maximum taxable household income may not exceed EUR 90,000 for one child, plus EUR 10,000 for each additional child.
  • Energy efficiency: The property to be purchased must be classified in energy efficiency class F, G, or H. Within 54 months of the subsidy being granted, the property must be upgraded to at least energy efficiency class 70 EE.
  • Eligible costs: The purchase price including land costs.
  • Own use: The property must be used for own purposes for at least five years.

Your partner for high-quality existing properties for over 25 years

public subsidies and grants are very complex and require many prerequisites. It is easy to become unsure whether you are doing everything correctly. Let us provide you with expert support—from applying for a subsidy to finding the right property for you.

Make an appointment with one of our specialists today for a consultation. We look forward to getting to know you.

 

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Mary Sondermann

Real estate agent trainee

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Diana Mallet

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Lisa Hille

Head of Office Management

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Riccardo Giamporcaro

Real estate consultant for residential properties

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Pedro Garcia

Managing Director - Real Estate Consultant for Commercial Properties & Investments

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Peter G. Beuth

Real estate consultant for property owners Real estate valuations – DEKRA-certified expert in real estate valuation D1

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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.

Barrier-free living: demand and implementation options in Olpe and the surrounding area

Barrier-free living is no longer a niche topic—demand is growing rapidly in Olpe and the surrounding region. More and more property owners and house hunters are recognizing the value of living space that is free of structural barriers and offers comfort for all generations. The focus is not only on seniors and people with physical limitations, but also on families who value flexible and future-proof living concepts. The growing demand for barrier-free real estate ensures that such properties are specifically sought after and carefully planned. Modern barrier-free apartments impress with wide passageways, level access, threshold-free bathrooms, and intelligent details that make everyday life noticeably easier. In Olpe, more and more builders, investors, and owners are focusing on high-quality fittings and innovative concepts in order to remain attractive in the long term and increase the value of their properties. Those who opt for barrier-free design early on not only secure a larger pool of interested buyers, but also invest in comfort and quality of life for the future. Especially in view of demographic change and new lifestyles, this is a decisive competitive advantage in the region's real estate market.

Energy-efficient renovation as a way to increase property value: opportunities for homeowners in the Olpe district

Energy-efficient renovation offers homeowners in the Olpe district a rare opportunity to increase the long-term value of their property in a targeted manner. At a time when energy efficiency and sustainability are becoming increasingly important, modernized properties with lower energy consumption are not only more in demand on the market, but also achieve measurably higher sales prices. Measures such as thermal insulation, modern heating systems, or the replacement of old windows not only improve energy efficiency, but also increase living comfort and attractiveness for potential buyers or tenants. In addition to the increase in value, owners also benefit from government subsidy programs that make it easier to invest in energy-efficient renovations. In the Olpe district, many homeowners are already relying on innovative solutions to significantly reduce their energy costs while contributing to climate protection. Those who modernize in a targeted manner today not only maintain their own flexibility in tomorrow's real estate market, but also strengthen their own financial position in the long term. Competent advice from experts such as Garcia & Co Immobilien helps you select the right measures and realistically assess the renovation potential of your own property.

Real estate investment in 2025: opportunities and risks at a glance

The real estate market in 2025 offers both experienced investors and newcomers fascinating opportunities to diversify their investment strategies and enjoy sustainable returns. However, as in any area of investment, there are challenges that need to be overcome. In view of current economic developments and inflation, it is important to select the right properties with a clear focus and sound analysis. One key to success lies in close market observation and the identification of up-and-coming regions. Experts emphasize that interesting return opportunities exist particularly in urban areas with growing populations and increasing demand for residential and commercial space. However, potential risks, such as changing interest rate environments and regulatory uncertainties, should always be taken into account. Forward-looking planning and strategic alignment are therefore essential in order to fully exploit the advantages while avoiding potential pitfalls.

The role of the real estate agent in the modern real estate market: A guide

Real estate agents play a key role in the modern real estate market, combining expertise with interpersonal communication skills. When you decide to buy or sell a home, the support of an experienced agent can make the difference between a successful and a discouraging process. Not only do they know the market and help you find the right price, they also offer emotional support and legal security. A good real estate agent not only has extensive knowledge of local market trends, but also has a wide network of contacts ranging from tradespeople to financial advisors. Garcia & Co Immobilien GmbH places particular emphasis on strategic advice and individual support to ensure that every real estate transaction is a tailor-made success. Trust, transparency, and commitment make all the difference. Make your next real estate purchase or sale stress-free, efficient, and profitable by relying on the expertise of a professional real estate agent.

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