Opportunities for young families and older owners
"Selling their own property is an emotional challenge for many older owners. Decades of memories and the familiarity of their own four walls make this step more difficult," says Name Geschäftsstellenleitung, branch manager at VON POLL IMMOBILIEN Standort. This is where the KfW funding program "Young buys old" comes in by enabling young families to purchase existing properties in need of renovation at attractive conditions.
The KfW program, which has been running since September 2024, grants low-interest loans and grants of up to EUR 100,000 to families with a maximum household income of EUR 90,000 and at least one minor child. The limit increases by 10,000 euros for each additional child. In addition to the purchase price of the property, the eligible costs also include the cost of the land. The property must then be brought up to the latest energy standards.
"Energy-efficient refurbishment is challenging, but saves costs in the long term and increases the value of the property. At the same time, older sellers benefit from the increasing demand for existing properties," confirms VON POLL IMMOBILIEN expert/name office manager.
Win-win situation for both sides
This results in an attractive market situation for older owners. What's more, those who think about life in old age in good time can make a fresh start by selling their property and enjoy the freedom they have gained.
The "Young buys old" program gives young families access to residential property and makes it easier for older owners to sell. It creates a generational change in the real estate market that benefits both sides.
If you are interested in buying or selling an existing property, you should find out about the conditions of the program at an early stage. Because if all the criteria are met, there are good opportunities for everyone involved.
Tiergartenstraße 122
30559 Hannover
Tel. | +49 511 - 44 98 963 0 |
hannover@von-poll.com |
Current real estate offers |
Opening hours |
Contact |
Route |