Residential and commercial vacancies should be combated proactively
If more and more buildings in a town fall empty or shops are empty more and more frequently in the city centre, this has an effect on the entire townscape and the external impact of a municipality. Due to demographic change, local authorities are struggling with this problem, especially in rural areas. But metropolitan regions also face a major challenge – they have to create living space. Vacant real estate is a great opportunity here.
If you start to deal with the background of vacancies, you will soon find that there are many different reasons for this. Examples are
- false values of the owner,
- disunited communities of heirs,
- tax aspects,
- no success with first marketing activities,
- no time to deal with marketing.
It is also becoming increasingly common for owners who have inherited a property to have themselves removed from the land register and the property thus fall to the state.
Ideally, vacancies should not arise in the first place. Rural areas in particular are dependent on immigration from outside and should therefore increasingly proactively market vacancies. This can be achieved, for example, with a municipal real estate portal of its own. Such a platform enables cities and municipalities to map local vacancies holistically in the digital market and thus be found in online searches for property offers on Google & Co. Here you will find a best practice example.
From the point of view of both the local government and the owner, it therefore makes sense to counteract the threat of vacancy.