This protection is for the residents at the precise moment of the division only. In case of new rentals the new tenants should be made aware of the fact that their new home is actually a rented condo, buy-to-let apartment or investment apartment as they are called as well. There is no influence on rent levels, contract durations or any other contract matter through this regulation.
The purpose of this act is said to address issues of so called "gentrification" in popular central locations and the impact of current short supply of affordable (low rent) apartments on the rent level inthe city.
For support in the identification of the right investment targets please visit our website at www.berlin-portfolio.com.
Especially for international Private Investors and Property Funds
we provide a task force service for quick reaction to interesting
opportunities.
We
provide independent support for the property search including
foreclosure or auction properties and their valuation or appraisal.
(Also see our free property market Research Service)
Please use this link to the contact facilities provided there to place any requests .
Uwe Falkenberg
Uwe Falkenberg
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