A mortgage isn’t the only way to finance housing
The answer is cooperative housing. Since 2011, more than 2,000 households have purchased a new cooperative apartment with us.
How does it work?
- 1.
-
You choose your dream cooperative apartment
- 2.
-
You sign the apartment agreement
- 3.
-
You pay the basic membership contribution and become a member of the cooperative
- 4.
-
After taking possession of the apartment, you pay a monthly installment to the cooperative instead of a mortgage
Frequently Asked Questions
How much money do I need to prepare?
You always need to pay a membership contribution first, which may vary depending on the apartment. It usually starts at 20% but can be higher. After taking possession of the apartment, you will pay a monthly installment (rent) to the cooperative. The exact amount of the membership contribution and an estimated monthly payment can be found on the apartment’s page in the cooperative calculator.
Can I pay a higher membership contribution?
Yes. By doing so, you reduce the remaining annuity balance, which results in a lower monthly rent.
Will I own the apartment?
The apartment is owned by the cooperative. You own a share corresponding to the apartment and may use it without any restrictions.
How much will I pay per month?
You can calculate an estimated monthly payment on the page of the specific apartment.
Can I transfer the apartment into private ownership in the future?
Yes. After the full annuity has been repaid, the apartment can be transferred into private ownership.
Can I rent out the apartment?
Yes, the apartment can be rented out without any issues. You only need to inform the cooperative about the rental.
Can I sell the apartment at any time?
Yes. You can sell your cooperative share at any time, and the process is actually simpler than selling an apartment in private ownership.
Do you need more information before buying?
Feel free to contact us. We are ready to help you.


