JMBroad writes:
"1) With regards to purchasing property with tenants in it the german rental laws make that seem more like a nightmare than a dream.

High rental demand - yes, most of the population of Berlin rents. High rental prices - not really, but considering property prices are cheap, the yields can be attractive. However having said that because people rent for so long, (sometimes generations) there are numerous inherent problems with purchasing property which is already rented out..."

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Re. German residential property

Greetings JM

Am I understanding you correctly by thinking that you are saying there is "no nightmare" if the flat is purchased empty, and THEN rented out? Would there be a legal distinction between the two scenarios in this country?

If not, you either 1. Keep the place empty which is bad for the property upkeep and deprives one of income or 2. Find a renter and then the "nightmare" (above) commences...

Please elaborate! (thanks!!)

Neustria