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First Home Wohnbau launches sales of semi-detached houses as investment properties

First Home Wohnbau launches sales of semi-detached houses as investment properties
Moderne Doppelhaushälfte in Mein Beelitz, Straßenansicht. Bildquelle: First Home Wohnbau

First Home Wohnbau GmbH, the housing subsidiary of the Berlin-based project developer immobilien-experten-ag., is currently offering a total of 14 semi-detached houses on genuinely divided plots in Beelitz, Brandenburg, specifically for investors. The semi-detached houses, with plot sizes ranging from 260 to 360 square metres, offer 121 and 141 square metres of living space and are being built to the EH 55 energy efficiency standard, featuring triple glazing and a Viessmann heat pump with a cooling function. The semi-detached houses are being built to a basic fit-out standard and can be finished to a turnkey standard within four months, taking the purchaser’s requirements into account. Upon request, the Beelitz municipal housing association will take over the letting and management of a purchased semi-detached house.

The main target group for letting is young families with children. The houses are situated on the street ‘Am Stellwerk’ in a quiet residential area with no through traffic, bordering directly on a landscape conservation area. The railway station, the old town and all local amenities are within walking distance of ‘Mein Beelitz’.

The town, known far beyond the region’s borders as the ‘asparagus town’, has nine nursery schools with a total of 1,000 places, two primary schools, a secondary school recognised for its outstanding careers guidance, a grammar school with four classes per year group and a swimming pool. Cultural highlights include the annual asparagus festival and the summer concerts at the Beelitz open-air theatre.

Economic and population growth in the region are very positive. According to the study “Demographic Situation of the Nation”, presented in early October by the Berlin Institute for Population and Development and the Wüstenrot Foundation, Brandenburg is the federal state that has improved by far the most compared with the previous study from 2019. The Potsdam-Mittelmark district, to which Beelitz belongs, performs above average within Brandenburg, achieving an overall rating of 2.9 (Brandenburg average: 3.21), with the district performing particularly well in the areas of education (2.5) and social services (2.7).

In keeping with the young target group, the properties feature four to five rooms, a garden and a terrace. “Buyers benefit from the declining balance depreciation scheme as well as the tax deductibility of financing and management costs, enabling them to achieve an attractive after-tax return,” says Mareike Lechner, Managing Director of First Home Wohnbau. For example, with total investment costs of 604,800 euros for the average property type measuring 121 square metres and a monthly net rent of 1,800 euros, the provider estimates – assuming a personal top tax rate of 45 per cent including the solidarity surcharge – a potential total tax saving of almost 50,000 euros over the first five years.

Beelitz has a population of around 15,000 and is situated 26 kilometres south-west of the outskirts of Berlin and 18 kilometres from Potsdam city centre. The main railway station in Brandenburg’s capital can be reached in just 28 minutes by regional train, or in 20 minutes by car in free-flowing traffic.

Further information on ‘Mein Beelitz’: https://mein-beelitz.de/ 

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