Modernization Surcharge

The modernization surcharge allows the costs of modernization measures of buildings also to be refinanced to a certain degree through an increase in rent. The prerequisite is that the corresponding measures also fulfill certain requirements. Namely increase the objective utility value of the property in its purpose and also improve its use. One example for such measures is the energy-efficient renovation of existing buildings. A budget planning tool can help in the planing of these measures. It allows to differentiate between modernization costs and investments that are made solely for the upkeep of buildings.