Business Premises

Publicly owned industrial real estate for sale is administered by the state development agencies of the German states (Wirtschaftsförderungsgesellschaften der Länder). A list of all 16 agencies is provided in the address index.

The Federal Property Administration (Bundesanstalt für Immobilienaufgaben) also administers publicly owned properties for sale.

In addition, suitable business premises (for rental or for purchase) can be easily found via ads in daily regional newspapers, online markets, or from brokers.

There is often room for negotiation when purchasing real estate in Germany. As with elsewhere in the world, decisive price factors include location, equipment, building condition, financing costs, and any additional costs one might reasonably expect to incur. There are certain fees incurred when renting, purchasing or building real estate. Please see the table below for an overview of additional costs occurring when purchasing real estate.

When purchasing real estate, the expert advice of a real estate specialist should be sought prior to conclusion of the purchase agreement. This is because the purchaser's rights regarding defects of the sale object are typically restricted when purchasing second hand real estate. Accordingly, the buyer can, when the purchase agreement already has been concluded, only in exceptional cases assert a claim - for example, in cases where the seller has failed to disclose essential defects.

* exempt for the cities of Berlin and Hamburg where the tax rate amounts to 4.5%.