FAQ.

You can find out everything step by step in our Monvest magazine.

If you have seen an advertisement or construction fence advertisement, please contact the contact person listed there directly. In all other cases, our office will be happy to help you at info@monvest.de or +49 (0) 89-9974 083-50.

Basically, you don't need to prepare anything – but it is advisable to think about a few things in advance. What is your budget? What is your bank's position on financing? Do you like the location and transport links of the property? Which floor would you like to live on and how many rooms do you need? The more precisely you know what you want, the better we can respond to your needs.

Please contact your sales representative directly by telephone or e-mail – you will find the contact details in the advertisement or on our construction fence advertisement.

We advise you to visit the location and the plot anyway – this will give you a good first impression. We will then help you to visualise the finished result with sales floor plans and visualisations.

You can find out everything step by step in our Monvest Magazine.

We only charge the statutory fees: land transfer tax, notary and land registry costs.

The short answer is: everything. This is because this agreement sets out all the details relating to the purchase of your new property. But don't worry: we will go through everything with you point by point and are always available to answer any questions you may have.

Withdrawal from the purchase agreement is only possible in the event of non-performance by one of the parties. If this results in costs, the party responsible for the withdrawal is obliged to bear these costs.

This gives you the opportunity to secure an apartment for yourself and reserve it until the notary appointment. However, a reservation can be cancelled at any time before then – any deposits or reservation fees will of course be refunded in this case.

The basic fittings and fixtures in an apartment can vary greatly. However, you will find detailed information in the respective building specifications.

The structural design can no longer be influenced. It forms the basis for the building permit and thus also for the construction of the building – therefore, it cannot be changed retrospectively.

At a sampling appointment, you will determine your standard fittings together with your customer advisor. You can choose from several options at no extra cost – e.g. for floor coverings, wall and floor tiles, fittings, etc. Finally, you will receive a record of your personal standard fittings.

Of course. (Almost) all options are open to you here. Simply discuss your special requests with your property developer's customer service representative. You will then receive a quote, which will be implemented once you have approved it.

The earlier in the construction process, the better. If you buy shortly before or even after the property has been completed, it may not be possible to accommodate special requests.

Apart from the material and implementation costs of your request, we charge 20% of the offer price for organisation and processing.

You will receive your keys when you inspect and take possession of the flat. The entire purchase price must also have been paid by this point.

The land transfer tax is due after the notarial appointment, and the property tax is due in the first full year after the takeover. Insurance and operating costs are settled monthly with your property management company via the service charge statement.

The short answer: usually around three months after taking possession of the flat. The long answer: once you have paid for and taken possession of your flat, the property developer will inform the relevant notary's office, which will then notify the Land Registry. Any registered reservations will then be deleted and the actual transfer of ownership will take place. This process usually takes a few months.

This is regulated by law in the Estate Agents and Property Developers Ordinance: you pay for your new property in a maximum of seven instalments to the property developer, with the timing and amount of the instalments depending on the progress of construction. You only ever pay after completion of a defined part of the property, so you never have to pay in advance. This protects you from financial losses should the property developer's economic situation deteriorate.

Your property developer will notify you in good time – approximately two to four weeks before the date. In addition to all new owners, an expert will also be present. Together, you will inspect all common areas and any defects will be recorded in a report. The property developer must remedy these defects within a reasonable period of time.

Depending on the size of the property, you should expect it to take between three and six hours.

We recommend that you are. However, if you are unable to attend, you can ask someone you trust to take your place. Important: Please give this person power of attorney for the appointment so that they can sign the defect report on your behalf.

Usually immediately after the acceptance of the common property.

You, as the owner, and a representative from Monvest will inspect your future property together. We will check that your requirements have been met and, if necessary, note any defects in a report. These will then be rectified within a reasonable period of time.

Please allow approximately one to two hours for this.