REAL ESTATE LOCATIONS IN LONDON, BERLIN AND PARIS
When in Rome do as the Romans do. Also in terms of the real estate leasing market. Prices and contractual rules can change, even substantially, from country to country. Let's see what happens in three of the main European capitals: London, Berlin and Paris.
The English capital, despite the much debated Brexit, remains the most popular destination for Italians who expatriate, especially among young people. Here, however, the search for a home is anything but smooth.
Accomplice a demand much superior to the offer, especially if you are looking for a property to live on your own, it is frequent the case that on the same solution you start a real competition between potential tenants. The contracts usually last a year but if they contain the so-called "black clause" with six months notice the tenant can leave the building without penalties. You can not be evicted as long as you are up-to-date with payments. The rights decrease if you rent a room in a house where the owner lives or if you are sublet. In the prestigious areas there are more than 2,500 euros per month for 30 square meters of furniture. On the Web (bit.ly/2JNFkWN) there are official statistics on royalties in London.
The situation in the real estate market in Berlin is in constant turmoil. The reason lies in the "gentrification" underway in the German capital, which is the process by which a popular area becomes a valuable living area. The result is a surge in rental prices.
In Germany, contracts can be of indefinite duration, it is only necessary to establish the fee and the modalities of updating. Enough to stay at home as long as you pay the rent. There is also, of course, a type of annual lease. Homeowners often require a self-declaration with which they communicate their data and those of cohabitants, monthly earnings, bank details and often also aspects that are unusual for us as the presence of pets or if you practice with tools music. There are official detections of the royalties (in German on bit.ly/1W9IcSD).
A destination of sure interest for young and old, the French capital is among the most popular destinations in Europe with high quality standards.
In France, the ordinary duration of the leases of the empty properties is three years, renewable at the end of the period, unless the tenant has to be notified in advance of at least six months or unless there are serious reasons for the renewal of the owner. Minor durations are also possible for furnished buildings, without automatic renewal. Usually the owners require that the tenant prove to have a certain income or that there are guarantors. A free consultation site that allows you to identify on the map of Paris the average costs of rented accommodation is www.observatoire-des-loyers.fr .
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