Hamburg Luxury Real Estate

Customers considering Hamburg luxury real estate are immediately struck by the uniqueness of the city skyline. Hamburg is located at the tip of the Jutland Peninsula with the European continent on the south, Scandinavia to the north, the Baltic Sea to the east, and the North Sea to the west. It is Europe’s third largest port behind Antwerp and Rotterdam and has a population of more than 1.8 million people. Unquestionably when you buy a house in Hamburg, you are buying in a busy, modern city. In many areas, however, Hamburg appears to be a place out of time.

Church spires, not skyscrapers, dominate the cityscape. The principal churches are St. Peter’s, St. Michaelis, St. Catherine, and St. Jacobi. Of these, St. Catherine’s is especially visible because it is covered in copper plates. This is not to say there are not readily evident signs of modernity, like the Heinrich-Hertz-Tum radio and television tower, but the city is marked with a charming quaintness, enhanced by the more than 2,300 bridges that cross its rivers and canals. In fact, Hamburg has more bridges than any other city in the world.

Because there are also numerous parks, it’s possible to rent a house in Hamburg, but step out the door into a green verdant environment. The largest parks are the Ohlsdorf Cemetery, the Plantenun Blomen, and the Stadtpark, which is Hamburg’s equivalent of New York’s Central Park. There, visitors can stroll on the immense lawn or pay a visit to Europe’s largest planetaria. (The park’s buildings were designed in the early years of the 20th century by the architect Fritz Schumacher.)

Owning luxury property in Hamburg gives the resident access to the city’s thriving cultural life marked by a heavy musical presence. There are more than 40 theatres and each year it is estimated that 18 million people attend concerts and performances in the city as well as partake of exhibitions at its 60 museums. The Thalia Theater, the Kampnagel, and the state-owned Deutsches Schauspielhaus are all renowned theaters both in Germany and abroad.

Sale Of Immovable Property in Cyprus

Land is considered as one of the most valuable commodities, so its value is steadily increasing. Moreover, land investment is interrelated with high social and economic status, as well as, with financial stability and progress. Inflation, the instability of the monetary systems and restrictive fiscal policies of advanced economies are among the primary consequences of the recent economic crisis. Therefore, the investment in immovable property becomes highly attractive. Despite the fact that there is a moderation in property values in the short term, land prices have essentially shown stable growth in the long run.

Why invest in immovable property in Cyprus?

The geographical location of Cyprus between Europe, Asia, Middle East and Africa combined with the well-established legal, communications, banking and accounting infrastructures urge Cypriot and non-Cypriot business people to invest in immovable property. Cyprus joined the EU in 2004 and adopted the euro in 2008, two facts that facilitated the sale and purchase of immovable property in Cyprus. In addition to this, the demand for real estate investment increased. A primary advantage of the Cyprus legislation is the protection of ownership without discriminations. In other words, Cypriot and foreigners may enjoy all the rights associated with ownership of their property without any intervention from the State or other individuals. Furthermore, Cyprus maintains double taxation treaties with more than 40 countries.

Sale of Immovable Property Regulations:

The Sale of Land (Specific Performance Law) No. 81(I)/2011 provides the necessary protection to both purchasers and vendors.

On the one point of view, the law provides that a buyer of immovable property may safeguard its interests by submitting a duly stamped copy of the contract to the Cyprus Land Registry within six months from the date of its execution. Consequently, the provisions of the law impede the vendor from transferring the property elsewhere or charging it as long as the contract is valid and legally effective. In case the seller does not transfer the property, then the purchaser may apply to the Court for an order to transfer the property into his/her name.

On the other point of view, the provisions of section 15 of the law protect the vendor from any breaches of contract. For instance, if the purchaser is late in making a payment or refuses to pay the purchase price or any part of it, then the vendor may take legal actions against the purchaser. Prior taking any legal action, the vendor must send a written notice to the purchaser asserting that if the purchaser fails to pay within a specific time period, then the vendor will take legal actions against the purchaser.

According to section 3 of Law 81(I)/2011, in case the property is part of a jointly owned property, such as a flat or a percentage of land, and there is not a separate registration in the District Land Registry then all the property owners must duly sign a distribution statement. The signatures must be duly certified. Afterwards, the distribution statement will be submitted to the District Land Registry and it will enable the sale of the property. Note that the distribution statement will be taken into account upon the issuance of the title deed.

Luxury Real Estate Branding: Become A Niche Expert

For luxury real estate marketing professionals, the easiest way to become the market leader is to select a niche within your marketplace and become the expert in that niche. A niche is a category or a sub-category in which you can specialize.

Here are three steps to becoming a niche expert in luxury real estate marketing. 1) The first step in niche marketing is selecting a niche; 2) The second step is finding the right niche for you, and; 3) Get started.

What Are the Major Niches In the Luxury Real Estate Realm?

1. Castles, mansions & ultra-luxurious estates

2. Golf properties

3. Eco luxury

4. Ski properties

5. Ocean waterfront properties

6. Historical properties

7. Downtown Condos & lofts

8. Lakefront properties

How Do I Select the Right Niche?

1. Select a niche in which you are personally interested, ideally passionate about.

2. Select a niche that no one is currently dominating or is not doing a very good job

3. Select a niche that you can represent better than anyone else in your marketplace

4. Select a niche where the properties are selling and the prices are substantial so that your commissions are significant

5. Select a niche where you can easily identify the major opinion leaders, community leaders and also vendors who are also interested in acquiring these home owners (and buyers) as customers/clients.

How Do I Get Started Marketing to My Niche?

1. Identify the movers and shakers within the niche and find a way to meet them.

2. Create a website that demonstrates that you are a specialist in this niche. Narrow the search criteria on the site so that is it easy to just search for properties within the niche.

3. Provide extensive information about the niche, via blogging and articles

4. Find out what is needed and wanted by asking home owners in this niche how you can help in the community or by offering some information or service apart from just selling homes (e.g., start an online community calendar and promote it to homeowners via postcards).

5. Create your personal brand around your niche. Become synonymous with the niche (e.g., The Waterfront Properties Expert)