Renting vs Buying a House in Germany? What You Need to Know!
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- เผยแพร่เมื่อ 9 ก.พ. 2025
- In this video I discuss Renting vs Buying a House in Germany
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Disclaimer: None of the content in this video is meant to be considered as investment advice, as I am not a financial expert and am only sharing my experience with stock investing. The information is based on my own research and is only accurate at the time of posting this video but may not be accurate in the future.
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I think buying would be a smarter choice, as the value of the property goes up (unless depreciation) but at the same time I can invest the same amount in financial markets and have more money and end up buying a house without paying hefty interest fee.
Yes I think its a delicate balancing act. Some can do both in parallel but for most beginners its better to just start with investing and build some funds on the side before thinking of buying.
Thanks for the wonderful video.
Glad you liked the video 🙏🏾
This is a personal life choice eventually. Renting offers flexibility to change your residence based on life needs. Your residence impacts your quality of life significantly. Buying a property to live in locks you in for decades with extremely rigid liquidity options where its pretty difficult to benefit financially as an investment.
My personal preference is to rent (i have a good deal already), invest in mutual funds/etfs, and make a purchasing decision when my needs a re less likely to change. Until then, it makes little sense for me to lock myself in for decades in a property comprising the quality of life I will get.
Thanks for sharing your insights, much appreciated 🙏🏾
Can you please make a video with insights of buying an apartment/house that is auctioned/defaulted. The upfront costs seems to be low(depending on auction) and also no brokerage fee.
Thanks for the suggestion, ill look into the topic and try to make a video on it soon
Buying a House in Germany for Investment purpose has got lot of Tax benefits and somebody who is looking for a long term with family would also make sense to buy a house because Rental values are higher than your housing EMI
Absolutely buying a rental property can make sense for some.
Thanks for such an informative content, however would be better if at the end compare both(renting/buying) numbers in a table/graph.
Glad you liked the video, there is a chart near the end of the video
For a property of 300000, in span of 30yrs would be - 551000(not included house geld) approx.
And renting for 30 yrs - 456000 appox.
🙏
After the 30 years, you own nothing as a rental but as the owner you own over 550000
💯
It is bad in Germany 🇩🇪. In a nutshell you need to give 20 percent of the property to the bank whereas in Netherlands it is so expats friendly that their bank gives 100 percentage mortgage of the property as a result I have many friends who took their house within 6 months after landing a job at the age of 35 which is impossible here
I do not know about how expensive it is in the Netherlands to buy a house but they also have buying costs. If you have a good enough salary even you can get 100% financing in Germany quite quickly.
@ Oh that would be great I am looking for those bank who can give 100 percent finance.
Thnx for this. One question- what do you think buying an apartment vs house- pros and cons?
Well this is quite subjective but one of the main difference is the Cost. On average a house would cost you more than an apartment. Additionally having a house has more responsibilities compared to an Apartment because you are the only person responsible to take care of your house while an apartment usually has a home owners association distributing the tasks. These are some points I could think of at the moment. Ill try to make a detailed video on the topic soon.
@ that would really help. Also living in an apartments requires monthly property management fees but house also requires maintenance time to time. Not sure about bureaucracy at some point in time of being a house owner is more complex to manage or not. Yes it would be helpful if there is some detailed analysis on this.
great information
Glad it was helpful!
I don’t plan to live more than thirty years, so having a huge sum of property after I die doesn’t make sense to me. I’d rather invest the money and enjoy life while living in a rental. To me, a mortgage is just another form of rent. ya if you can buy paying all at once is anther thing.
There is nothing wrong with living in a Rental. As long as its what you want to do :)
I wonder what the average interest rate for mortgage for blue card owners is. Is there anyone who get it in last couple of months?
The rates vary depending on many conditions. Plus the interest rates from ECB are also decreasing steadily. So its hard to say anything.
Can you please suggest investment options for a blue card holder? Or links to the videos would be great. TIA
This video might help: th-cam.com/video/qodYIFs7Iv0/w-d-xo.html
I bought a house with my blue card
Great video. But I think, if you consider a longer term, after the 30 years (say 50 years, including after retirement), the payment balance of your example will flip right? And you pay less money in total by buying
Well i have mentioned only one of the most common scenarios. Obviously things would change even if a single variable changes
Okay. I just mentioned it because you still need to live somewhere until the day we die, so maybe it was still interesting
Yes, i agree with your point but people usually do not do calculations for such a long time in the future.
@@ahsanfinance Among my friends the all think a bit longer term but still, I think your video is very helpful. Thank you
I think you have a good friends circle, thinking for the long term can be very good.
Hii Ahsan.. During the Steuererklärung, should I inform the Steuerberater separately about the Tagesgeldkonto Zinsen and other Portfolio Zinsen in Scalable Capital? Or from the Scalable Capital, Finanzamt get the information automatically?
Its better that you inform the tax consultant. You will get a tax certificate from Scalable Capital
Could you talk about life insurance where If or in case we die before the mortgage period finish then the insurance take over and won’t be a burden to our kid?
I will try to arrange a podcast with a specialist to cover this topic
Is there any islamic mortgages banks in Germany ?
😂
Go to Saudi Arabia...you don't or a Muslim country. Why come to a Christian dominance country and expect a Muslim cultures?
@ take out your home with hard earned money, take out your own top company as shareholders, And also use power of short selling. May your grandchildren future going to be 😷
@patelparth you can look into TF Bank
@@ahsanfinance thank you bro if you have money 💰 Islamic bank is good as home mortgage 💸
The real concern is initial arrangement of DP and cost of registration, do you have any idea who can help us for arrangement of 100% loan amount? ( DP & extra cost incl.)
In your situation you would have to take 2 loans. I have covered this in my video here: th-cam.com/video/cWvoc5NSMHI/w-d-xo.html
@ahsanfinance Thanks 👌
14:00 is that your portfolio?
very amazing gains haha
Yes that is my Scalable Capital Portfilio from a couple of months ago
How to connect you please? I need some information
You can write a comment here and ill try to answer your questions
Your take is buy or no buy?
Well my personal opinion for me is that I would be renting till I find something great for me
Informative video. Until we find a perfect buying option, where to put that money we save up? Banks don't offer interest other than Festgeldkonto, which cannot be easily withdrawn when needed. Any advice here? Thanks.
Hi brother!Can you share us all of your current investments name by name please
You can have a look at this video: th-cam.com/video/Z4QXR6QZBKI/w-d-xo.html
You are inviting people towards Riba😢
There are options like Islamic Banking Available even in Germany.
If i need to buy a house of today’s valuation 300.000€ to 500.000€ in 10 years where should I invest the money
I think I'm in the same shoes as you. What i am doing is investing in the stock market till i find something great
@@ahsanfinanceI completely agree with you
🙏🏾
Make a ausbiulding videos
Will try to make it soon
down payment includes 10% nebenkost when buying any property...u r scaring ppl interested in buying instead of giving then correct info...
May I ask where you got this info from that the "Down payment includes buying costs?" Ps. I am not against people buying.