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Renting in Germany: A Complete Guide to Finding Your New Home

Renting in Germany: A Complete Guide to Finding Your New Home

About Renting in Germany: A Complete Guide to Finding Your New Home

This article will give you information on Renting in Germany: A Complete Guide to Finding Your New Home. Renting in Germany can be difficult for everyone, but especially for internationals. However, if you only learn the basic terms, budget-friendly locations, and renting instructions and papers.

We will assist you in grasping all of the facts on renting in Germany, as well as telling you where individuals commonly promote their homes and assist you in deciding on the most convenient manner to rent an apartment. Begin by determining precisely what you want. This will allow you to limit your alternatives and thus facilitate and speed up the renting process.

Consider whether you want to live alone or with a housemate, whether it’s okay if your flatmate is a stranger, what city/neighborhood you want to live in, how many rooms you need, what level is best for you, and the maximum amount of money you’re ready to spend on monthly rent. These are just a few things to think about before beginning your apartment hunt. Aside from this, there are a few additional things you should be aware of. Let us go over them together.

Renting in Germany A Complete Guide to Finding Your New Home.png
Renting in Germany A Complete Guide to Finding Your New Home.png

What documentation do I need to rent an apartment in Germany?

Documents are absolutely necessary if you wish to rent a flat in Germany. They will let your landlord know you are a reliable renter and will assist you to protect your rights as a tenant. Although there are regions, mainly outside of big cities, where the following documents are not as necessary, they are a must-have in major cities like Berlin. So here’s what’s important:

1. A copy of your identification or passport

In most circumstances, signing the tenancy agreement or merely looking at the unit necessitates providing a copy of your ID or passport to either the landlord, estate agency, or both.

2. Salary or bank statement confirmation

You should be able to demonstrate that you have monthly revenue in your bank account and the financial means to pay your rent. Salary confirmation is often a salary slip supplied by the employer for which you work. If you cannot offer a wage slip, you should present the landlord with your bank statement, usually a three-month statement, to demonstrate that you have sufficient money.

3. Proof of credit history (Schufa record)

This is crucial for those who have previously lived or rented in Germany. Credit record paperwork, also known as Schufa Selbstauskunft or Schufa Record, is a document that keeps track of your debts. Those who have never resided in Germany do not have a Schufa record because it begins immediately when you open a German bank account or sign a contract in Germany. If you don’t have a Schufa record, simply produce bank statements demonstrating that you have always paid your rent on time.

4. A personal guarantee

If you cannot offer the aforementioned documentation, the landlord will request the name of a guarantor. If you are unable to pay your rent for any reason, this individual must confirm that they will do so. The guarantor should be a German citizen, although it might alternatively be your parents.

How much does it cost to rent in Germany?

Rent is typically calculated as a cost per square metre. However, the pricing you will receive will vary based on where you intend to live. Prices in central and larger areas are often higher than those in the suburbs. Apartments in Germany are rented for an average of €7.04 per square metre, with prices reaching as high as €10.41 per square metre in Stuttgart and €9.74 in Munich. Rents in cities like as Munich, Cologne, and Hamburg are greater than in Leipzig, Bochum, or even Berlin. However, because to increased demand, prices in Berlin have risen.

Rental prices are usually reasonable, with an average rent of €1,300. A one-bedroom apartment in a German city costs approximately €700, while the identical flat outside of the city costs approximately €530. When it comes to deposits and utilities in Germany, a deposit equal to three months’ rent is requested. This amount should not be exceeded.

German property portals

Online property websites are becoming increasingly popular in Germany, as they are in many other nations. Many of these websites are only available in German, although they may frequently be translated using Google. The following are some of the most popular house portals in Germany:

  • Immobilien Scout 24
  • Homelike
  • Immowelt
  • Immobilo
  • Mr Lodge
  • Spotahome
  • Wohnungsbörse

If you want to save money, a flatshare (Wohngemeinschaft) is usually less expensive than living alone.

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How does one go about renting an apartment in Germany?

In Germany, there are few possibilities for renting a property. There are various options for renting a house, including:

  1. Finding a rental home with the help of a real estate agency

In Germany, a real estate agent can assist you in renting an apartment because it is often easier, but there are times when it is more expensive. Owners enlist the help of real estate brokers to sell or rent their condos or residences. The agents, on the other hand, collect fees for their services.
However, unless you want to buy a house, you are not required to pay the charge. Consumers prefer to use websites rather than engage an agent because the landlord generally pays the commission when renting a property. Before you sign anything, make sure you understand how the commission fees will be paid.

2. Getting a room from a buddy to rent

Another means of locating a rental property is through word-of-mouth referrals. You’ll find it much easier to find a lovely, comfy apartment if you use this strategy. Someone will contact you with any information they may have if you notify as many people as possible that you are looking to rent a house in Germany. When tenants are ready to move out, they frequently refer their landlords to friends or acquaintances. You won’t have to worry about finding a new tenant if you do it this way.

That’s all there is to know about renting in Germany thus far. Every step is provided to make finding a home to live in the country as simple as possible.

All of the following information was gathered from the internet. If you have any questions, you may reach out to us directly at howtoabroad.com.

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