Many landlords are worried about the Mietpreisbremse, that they're doing something wrong when they set the rent. In fact, the rules vary greatly from region to region. But if you proceed systematically and with a little and a little know-how, finding the optimal rent is not that difficult. difficult. We have summarised the most important aspects for you here.
- Does the Mietpreisbremse affect me at all?
Many landlords are unsure how much rent they can still take. they are allowed to take. This is because the so-called Mietpreisbremse (rent brake) has once again tightened up the existing rules once again. So far, however, it only applies in around 300 of the more than more than 11,000 municipalities in Germany. However, mainly in the and their suburbs, i.e. the densely populated metropolises. metropolises. So before you rent out your property, you need to find out whether it is find out whether it is located in a municipality with a rent brake. You can find out whether the Mietpreisbremse applies in your municipality on the Internet. on the internet. If you want to be on the safe side, contact an experienced professional broker or an experienced professional real estate agent or directly to the responsible authority.
- Local comparative rent and rent index
What hardly anyone knows is that the still valid Economic Penalty Act from 1954, which is still in force, stipulates that the local rent may not be by more than 20 percent when renting out a new property. At This threshold has not changed today. So in order not to the limits, you have to orientate yourself on the local comparative rent. comparable rent. Problem: What is the local comparable rent? To put it simply, it is the rent that is usually charged for properties with comparable criteria such as type, size, size, condition, location and facilities in the municipality. How The rent index shows how high the local comparable rent is. However, there are a few catches: First you have to First you have to find out whether there is a rent index for your municipality at all. You can find this out from your local council or city administration, or a real estate expert in the region. Often only larger cities have a rent index. In addition, the local rent is not always the same as the rent that can actually be achieved on the achievable on the market. The figures may be out of date. Since often only larger cities produce a rent index regularly and at short intervals. at short intervals. If there is no rent index, you can also use the market rent as a guide. market rent. This is based on the principle of supply and demand.
- Who pays your rent
Assuming you are stretching your legal options to the limits, this is not necessarily the optimal rent. A high rent prolongs the time until you find a tenant, considerably. For the months in which the flat is not rented, you not only lose the rent, but you also have to pay the service charges. If you are unlucky, a tenant will move into your flat only to continue looking for a cheaper one. So you will soon you will soon be faced with the problem of having to find a new tenant. This will you to market the flat again - you may even have to paint it - not to mention paint - not to mention the ancillary costs. So it's a matter of a realistic market price. As a rule, you can hardly without many years of knowledge of the market. This is where professional brokers can help you.
- Optimisations
Rent increases are still possible despite the rent brake, if the standard of the flat is raised. Make sure you know whether your property is affected by a milieu protection scheme. This how far the standard may be raised. The following applies in principle: If, for example, a heating system that meets the most modern requirements, underfloor heating or a high-quality parquet floor, part of the rent can be passed on. If a modernisation costs at least one third of the value of a comparable newly built apartment you are even exempt from the rent brake. In any case, it is advisable to find optimisations that also benefit the tenant also benefits. For example, additional parking space for cars can be for cars or niches in apartment buildings can be converted into additional niches in the apartment building into additional storage space.
To determine the optimal rental price, it helps to seek the advice of an expert's advice. Because a correct assessment requires a lot of background of background knowledge, knowledge of the market and a lot of experience.
Are you unsure about determining your optimal rental price? Contact us! We will be happy to advise you.
