Previously on …

Wir haben erfahren, dass die Maklerfirmen Berlin Estate und Berlin Aspire, welche ebenfalls zum kleinen Liat Tal Imperium gehören, versuchen unsere Wohnungen an internationale Investoren weiterzuverkaufen, obwohl die Danielle Residential GmbH & Co. KG formal noch nicht Eigentümerin unseres Hauses ist.
Laut Angaben der Maklerfirmen sind unsere Wohnungen aber bereits zu zwei Dritteln weg – ganz ohne die dafür eigentlich notwendige Teilungserklärung.

Es tauchen Broschüren über unser Haus und die anderen „Objekte“ auf, teilweise mit völlig aus der Luft gegriffenen Fotos: eine Ansicht von einem idyllischen Wochenmarkt in Potsdam wird als Maybachufermarkt verkauft, es gibt Fotos einer wirklich sehr schön renovierten Wohnung, die sich aber leider gar nicht in unserem Haus befindet!
Werden hier Investoren getäuscht?

Die Wohnungen werden als „renoviert“ angeboten. Kein Wort von Problemen mit der Statik nach Kriegsschäden, davon, dass das Dach gerade wieder geflickt werden musste, von den maroden Leitungen, von den Schäden an der Fassade, von morschen Balken, etc. Die Fotos in der Broschüre, die tatsächlich aus unserem Haus stammen, sehen photoshopped aus.

Unsere bisherigen Vermieterinnen hatten das Haus für etwa 1700,- € pro Quadratmeter angeboten, die Makler verkaufen nun für 2500,- € den Quadratmeter. Den Hauskauf hatten sie laut Grundbuch auf Pump finanziert. Macht eine knappe Million Euro Gewinn nur für´s Weiterverkaufen. Ohne Investitionen in Wertsteigerung, ohne eigenes Kapital.
Wir finden das weniger als okay.

Wir bleiben

We happen to know that the two companies belonging to Liat-Tal,
Berlin Estate and Berlin Aspire, are trying to sell our flats to international investors – although Danielle Residential GmbH & Co. KG is not (yet) the official owner of the house. They even don’t have a front door key. Often, as we leave the house, we find ourselves confronted with real estate agents and potential buyers of our flats. They linger around, waiting for a neighbor, in order to sneak into the building.

Apparently, the two companies inform the potential investors that 20 of the 30 flats are already sold – something that is not possible by German law.
It seems that they give the potential buyers a guarantee: a yearly income of 5% of the purchase price during the first three years. In addition, they apparently explain to the potential owners that after that period of time they can get the tenants out and raise the rent as much as they like. BUT IT AIN’T THAT EASY.

By coincidence we received a brochure which was created by real estate agents in order to sell our house and several other „objects“. According to the photos in the booklet our building is close to the Film Museum of Munich and the Gutshof in Britz. Also, the nearby shabby market looks like a beautiful one actually located in Potsdam. Interestingly enough they show a picture of a nicely renovated flat along with pictures of our house. Seriously no apartment in this building looks anything alike.
What do they intend with this kind of behavior?

Apparently they offer the house as „renovated“ but do not mention the old damages of WWII or the fact that the rooftop just needed to be fixed once again, or the damages of the facade, the electricity, the water pipes…

Our former owner was offering the house for approximately 1700,- € per square meter. It seems that berlin estate is trying to sell it for 2500€. Apparently they are going to buy the house on credit without making any future investments in the infrastructure.

Making a profit of 800.000 € simply for buying a house on credit and selling the flats?
We find that less than okay.

In Germany the tenants are protected by law regarding the termination of their lease once their rented flat has been sold. The new owner is only allowed to ask for a termination if he proves needing the flat for his own use. Still, a new law dictates that after the purchase the tenant has the right to stay in that flat for ten years.

That is why our flats are not really a good investment. Most of the tenants pay a comparatively low rent and any changes to the rent are also strictly regulated in Germany (the percentage it can be raised).
Consequently, any potential investor should, please, consider these aspects.

Apparently, you will be paying 2500,- € per square meter and the monthly income per square meter will be approximately 3,- €.
Another aspect to take into consideration: the building is not in very good state, which would probably mean additional costs for renovation.