Demmin receives property value of 553,000 euros for one euro!

Demmin receives property value of 553,000 euros for one euro!

In a directional decision, the Demmin City Administration, such as SVZ , received the building complex in Adolf-Pompe-Straße 12 to 15. These properties previously belonged to the Mecklenburg Lake District district and were transferred to the city for a symbolic euro. The district council agreed with 54 yes votes and 7 votes against this gift, while 2 members abstained. The mayor, Thomas Witkowski (CDU), declared himself biased at this point, but nevertheless expressed his positive assessment of this decision.

A current market value report puts the value of the real estate at an impressive 553,000 euros. It is all the more remarkable that the estimated costs for the necessary renovations amount to around 10 million euros! But why is such a high amount required for maintenance measures? According to the city, the transfer of ownership to the city can also be accessed to funding that can be requested for the renovation. A gift like this is not completely everyday, and in the current financial situation, the question arises of the meaningfulness of such decisions.

The controversy around the donation

Despite the positive voices, there were also critical voices for the agreement. City Councilor Toralf Schnur from the FDP complained that such a gift could not be afforded and publicly called for a tender for the building complex. In his opinion, the “symbolism sales” are not economically portable, a view that was rejected by the majority of the council in a vote with 48 votes against.

Interestingly, the AfD parliamentary group of the gift approved to avoid possible problems with the renovation that had previously appeared in connection with the district hospital. Enrico Schult from the AfD emphasized that there was no other suitable investment option in which the necessary renovation work in Pompestrasse could be successfully implemented. This debate shows how divided the opinions on such real estate transfer are in the political landscape.

legal and tax aspects of the gift

The legal foundations of a gift are of great importance for both the city and potential investors. Real estate gifts are subject to the provisions of the BGB, where the free transfer of property is clearly regulated. According to Baugliegigt.de it is important that a notarial certification takes place to ensure the legal force of the gift. In addition, tax relevance should be observed: donations up to a certain amount can be tax -free, which could be of interest in the present situation.

It should also be borne in mind that renovation costs can be taken into account for tax purposes. For example, if living space is left to family members free of charge, this is not only a private concern, but can also bring tax benefits. question-anen-attorney emphasizes that in the case of rental contracts with relatives of the rent, a tax deductibility of renovation or management costs is also targeted here can.

summarized it is shown that the donation of the real estate in Adolf-Pompe-Straße is not only a financial challenge, but also a potential for the city. The mixed reactions show that opinions about the threshold of 553,000 euros and the necessary renovation costs diverge - an exciting development that will surely accompany us in the near future.

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OrtAdolf-Pompe-Straße 12-15, 17109 Demmin, Deutschland
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