Northern Germany funding: IFB Hamburg · NBank · ILB Brandenburg
Three state development banks for northern Germany — Hamburg, Lower Saxony, Brandenburg. Rental construction, modernisation, listed-building depreciation. Combinable with KfW.
Three development banks for northern Germany
IFB Hamburg
Hamburg Investment and Development Bank: housing funding, modernisation. Especially relevant for Altona, Wandsbek, Eimsbüttel — listed stock and QNG new builds.
NBank
Investment and Development Bank of Lower Saxony: housing funding, rental new-build. For Hanover, Oldenburg, Braunschweig, Osnabrück.
ILB Brandenburg
Investment Bank of Brandenburg: housing funding, modernisation. The Potsdam area with QNG new builds and listed stock.
Northern Germany specifics
Transfer tax: Hamburg 5.5%, Lower Saxony 5.0%, Brandenburg 6.5%. Lower Saxony thus has the lowest ancillary costs in the north.
Hamburg: a premium rental market, high purchase prices. Altona and Wandsbek offer listed properties with refurbishment shares of 50–70%. Eimsbüttel and Eppendorf are premium locations.
Hanover: the largest market in Lower Saxony. Stable rental demand from administration and industry. NBank housing funding combinable with KfW.
Potsdam: high-priced due to the Berlin-fringe effect. Listed-building properties with attractive structures too. ILB Brandenburg supports new builds and refurbishment in particular.
Braunschweig, Oldenburg, Osnabrück: mid-range purchase prices, stable rental demand from industry and education.
Combination options
- Hamburg listed: listed-building depreciation §7i + IFB Hamburg + KfW 261
- Hanover stock: modernisation + NBank + KfW 261
- Potsdam new build: KfW 297/298 + ILB Brandenburg + new-build special depreciation §7b
- Hamburg area QNG: KfW 297/298 + IFB housing funding
Frequently asked questions
What does the IFB Hamburg fund?
Is Potsdam worthwhile for investment?
Where is Lower Saxony most attractive?
Funding in other federal states
L-Bank Baden-Württemberg — housing funding
State funding.
View page → Federal stateLfA Bavaria — housing funding with tax advantage
State funding.
View page → Federal stateIBB Investment Bank Berlin — housing funding
State funding.
View page → Federal stateWIBank Hesse — housing funding
State funding.
View page → Federal stateNRW.BANK — housing funding NRW
State funding.
View page → Federal stateRLP & Saarland funding: ISB Rhineland-Palatinate · SIKB Saarland
State funding.
View page → Federal stateSAB · IB Saxony-Anhalt · TAB
State funding.
View page →Check the funding for your project
I check state funding, the KfW combination and the right bank for your property — free, non-binding, in German and Russian.