Underwriter Faraman: Want To Save Monuments East German Cities

Monument guns houses exude charm. They are preferred in attractive inner-city locations and provide a cosy ambiance. Magdeburg, 07.06.2013 – also an extra loving detail speaks for them: you can save taxes with monument real estate. After the Elimination of the housing promotion, the so-called depreciation of the monument has become even more tempting. It is in the last legal chance to participate in the Government on the purchase of real estate.

In addition, the Treasury promotes not only investors. Also self users can secure tax benefits. The monument worthy stock in East Germany is doing very high. For the Magdeburg underwriter Faraman hence the motto: rehabilitation instead of demolition, historic houses instead of containers and car parking. Since 1996, the well-known underwriter Faraman developed profitable fund projects in the real estate sector. The focus is on the direct investment in residential real estate projects and about the MCM investor Management AG on the issuance of pleasure right investments for real estate companies. Competence and experience, with solidity and transparency with the issuing House Faraman has teamed up with 67 successfully completed residential real estate projects and participation in the marketing of more than 2,300 condominiums with a total of 230 million euros, as well as the successful participation of four closed real estate funds investor confidence–including institutional investors – are acquired. “The urban development in the East after the heated debate under the motto we build up and tear down, then ham’ we work again and again” to sum up, the problem doesn’t do justice.

With such problems, Leipzig and Magdeburg as the major cities of the region have not to fight. But here too the emotions by residents, city administration and homeowners high if Cook Grunderzeit houses are demolished in the suburbs. In Saxony, the conservation laws softened in recent years facilitate the demolition project as in many federal States. Minister Tiefensee has now announced the city reconstruction program more on obtaining defining urban homes to steer. So precautionary measures should be, encouraged increasingly as an alternative to dismantling what experts at least as positive signal rate. Because the excavators often roll in, where the public is just not look: in Wurzen, Saxony, and in Eisleben as much is demolished that city seems increasingly perforated. Lacking a well-thought-out traffic planning, which would increase the attractiveness of the city. Despite all the short-term challenges facing just towns more foresight is required, for faster profit is also quickly consumed. Sustainable potential, however, is well-preserved and renovated cities. And where the money for the moment is missing, it takes patience; historic houses should be backed up and get, until the funds for a rehabilitation there are. They’re not eyesores”in the cityscape, but memory and history, without which there is no development. For more information,