Buying Real Estate in Germany as a Foreigner Compared with the UK and the USA, relatively few Germans own their own home. As Guardian recently titled: "Brits buy homes, Germans rent". To rent an apartment or even a house is much more common in Germany, especially since a tenant (lessee) is extremely well protected by German law. A landlord cannot simply terminate a residential rental agreement but must have legitimate cause (Sec 573 German Civil…
Bernhard SchmeilzlMay 8, 2013