What makes accommodation units and studios specific?
Studios are categories of non-residential units that have all the attributes of an apartment – i.e., bathroom and toilet, kitchen corner, but for reasons of hygiene regulations (noise limits, level of lighting), they cannot receive...
Do you give a warranty on the buildings you build? Are there any pitfalls to such a warranty?
GARTAL provides a standard warranty of 24 months from the acceptance of the property. That way, as the buyer, your warranty period is not reduced by the duration of the occupancy permit proceedings. Fixtures in...
Are there any other ways of restricting disposals with a property?
Another type of restriction of disposal with real properties are easements, which, for example, establish the right of a third party (other than the owner) to use the property or the right of the owner...
What is the property tax rate? When is it due?
Every owner of a real property (apartment, house, land) registered as the owner in the Land Register, as at 1 January of the given year, must file a property tax return by the end of...
Yes, a person has the right to acquire property from his birth. This means that even a minor may own a property. Nevertheless, a child only becomes competent to enter into agreements upon coming of age, i.e., upon reaching eighteen years of age. A purchase agreement therefore has to be concluded and signed on the child’s behalf by his statutory representatives, whose interests must not be contrary to the interests of the child, meaning that the said transaction is subject to oversight and consent by a guardian court which, among other things, appoints the said statutory representative. The court’s consent then constitutes an integral part of an application for the registration of the right of ownership in the Land Register. It must, however, be understood that owning a property is a commitment that involves obligations, such as the payment of fees related to the use of the property (fees for waste removal) or tax obligations (e.g., annual property tax).
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