Why a garage is more than just a parking space
A garage not only offers protection for your vehicle but also significantly increases the value of your property. In times of increasing parking space shortages and rising security concerns, more and more homeowners are opting to purchase a garage. Discover how this investment can pay off in the long term.
Increasing the value of your property by buying a garage
Buying a garage can significantly increase the value of your home. Especially in urban areas with limited parking space, having your own garage is seen as a significant advantage. Real estate experts confirm that a garage
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Additional source of income through rental
Another advantage of buying a garage is that it can be rented out. In areas with high parking pressure, many people are looking for secure parking spaces. A rented garage can be a reliable source of income.
Considerable rental income can be achieved in major German cities. In Berlin, monthly rents of over €150 and in Munich even over €180 are not uncommon. This passive income can help cover ancillary costs, property taxes, and other financial obligations.
Cost savings through vehicle protection
A garage not only protects your car from the weather but also from vandalism and theft. Vehicles in garages show less wear and tear and rust damage over the years, which leads to considerable savings on repairs and maintenance.
Yield and value appreciation
The return on garages can be considerable. In some cases, yields of over 8% p.a. are not uncommon. In Düsseldorf, for example, prices for garages have almost tripled in the last 20 years. This development underlines the enormous potential for garages to increase in value in Germany.
Legal aspects
It is important to note that there are no statutory rent restrictions for garages in Germany, unlike residential properties. This allows owners to be flexible when it comes to the pricing of rentals. However, as with other properties, garages are subject to land transfer tax and property tax.
Conclusion: An investment that pays off several times over
Buying a garage is a smart decision that offers benefits on several levels. The increase in the value of your property, rental opportunities, and savings on vehicle maintenance make the garage an investment that can pay for itself in the long term.
Configure your garage in 3D now and experience it virtually in 3D on your own property!
With our garage configurator, you can easily and intuitively put together the size, fittings, doors, windows, and extras in just a few steps. We will then arrange a
