Property Valuation In Germany

In terms of real estate valuation, we stand out as experts in awareness of the competition. Defining and understanding the real market value of your property is immensely important in the real estate valuation process. We offer you not just an objective assessment of the market, excluding all imaginary and fanciful promises, but an objective and accurate valuation in accordance with the German statutory property valuation regulation (ImmoWertV) to determine the market value under § 194 Baugesetzbuch (Building Code Germany). We use market data that is objectively evaluated by the government or by the relevant local review committee of the municipality. Such data may pertain to estate values, market adjustment factors and interest rates, for example. German real estate valuation has a high international reputation. An important component of this success is the legal regulation on price collection and evaluation of any property purchase agreement by the relevant local review committee of the municipality.

The ImmoWertV defines three real estate valuation methods:

• Comparative value method, land value determination (§§ 15-16 ImmoWertV Vergleichwertverfahren)
• Earnings method (§ § 17-20 ImmoWertV Ertragswertverfahren)
• Cost Approach (§ § 21-23 ImmoWertV Sachwertverfahren)

Reasons for the creation of a real estate market value appraisal can be:

• Purchase or sale of land
• Accounting (for example, fair value)
• Decisions on investments
• Divorce
• Mortgage lending value
• Actuarial valuation
• Distribution of estates
• Statement of assets
• Expropriation / compensation process
• Foreclosure
• Tax events
• Hereditary building interest adjustments
• Counter opinion/appraisal evaluation

Professional property valuation nationwide in all important cities of Germany

As locations for property investment valuations all A-cities, B-cities, C-cities and D-cities in Germany can be estimate by our appraisers.

A-cities: Berlin, Cologne, Dusseldorf, Frankfurt, Hamburg, Munich and Stuttgart.

B-cities: Bochum, Bonn, Bremen, Dortmund, Dresden, Duisburg, Essen, Hannover, Karlsruhe, Leipzig, Mannheim, Munster, Nuremberg, and Wiesbaden.

C-cities: Aachen, Augsburg, Bielefeld, Braunschweig, Darmstadt, Erfurt, Erlangen, Freiburg, Heidelberg, Kiel, Lubeck, Magdeburg, Mainz, Moenchengladbach Mulheim (Ruhr), Offenbach, Osnabruck, Potsdam, Regensburg, Rostock, Saarbrucken, Wuppertal .

D-cities (excerpt): Bergisch Gladbach, Bremerhaven, Gelsenkirchen, Hagen, Hamm, Heilbronn, Ingolstadt, Kaiserslautern, Kassel, Koblenz, Krefeld, Leverkusen, Neuss, Oberhausen, Offenburg, Paderborn Ratingen Recklinghausen, Rosenheim, Siegen, Solingen, Trier, Ulm, Wolfsburg, Würzburg Zwickau, etc.

Specialist for the valuation of investment properties

KARODI, the real estate company, is your primary contact or rather specialist for the valuation, sale and purchase of commercial and residential investment properties. In Germany we mostly deal with properties such as Apartment Buildings, mixed Residential and Commercial buildings, Office Buildings, Space for Office, Heritage/Historic Buildings, Properties for Retail Businesses, Shops, Departmental Stores, Retail Warehouses, Shopping Parks, Commercially purposed real estate, Hotels, Industrial estates, Warehouses, Properties for Logistical purposes, Manufacturing/Production facilities, Shopping Centres, Nursing Homes and Houses for Senior Citizens.