Landlords

Selling with tenants

Is letting still worth it? If you sell a flat or an apartment building with tenants, you have two groups of buyers in view: investors and future owner-occupiers.

A sale does not break the lease

The tenancy passes to the buyer with the sale. If the new owner urgently needs the home for themselves, they may give notice with the statutory period for the next date. Tell interested buyers early who lives where.

Viewings with consideration

Tenants must allow viewings for a sale if you announce them in good time. Group the appointments and ask which times suit them. Good information usually opens doors.

Two groups of buyers

Investors count on the rental income and take over the leases. Owner-occupiers look for a home they can move into. An empty flat often appeals to more owner-occupiers. Never give notice just to sell better without checking the rules of tenancy law.

The documents investors want

Buyers of a rented property want to see the rent roll, the leases, the service charge statements and the maintenance history. For condominiums, add the regulations, minutes and the balance of the renewal fund.

How Kantello helps

List your property with its key figures. Kantello collects every enquiry in one place, so you keep the overview even when tenants have a say.

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Common questions

Do I have to tell my tenants that I am selling?

The law does not require you to announce the sale itself. For viewings, though, you must ask in good time. Open information usually makes viewings easier.

Can the new owner give the tenants notice?

Only under conditions. If they urgently need the home for themselves or close relatives, they may give notice with the statutory period for the next date. Otherwise the notice rules of tenancy law apply as before.

Is a rented flat worth less than an empty one?

Not necessarily. Investors care about the yield, owner-occupiers about availability. Depending on the rent, location and group of buyers, either the rented or the empty flat can fetch more.

Guides

Other situations

General information, not legal or tax advice. For your own case, ask the tax office, the notary or a specialist.