Nov 2, 2007 16:56
17 yrs ago
1 viewer *
German term

Eigenmiete

German to English Bus/Financial Real Estate
I am translating a declaration form relating to the purchase of property in Germany. One of the fields under the heading for monthly outgoings asks for "Eigenmiete (warm)". Does anybody know exactly what this means?

Many thanks!

Rebecca.
Change log

Nov 2, 2007 17:18: Marcus Malabad changed "Term asked" from "Eigenmiete (warm)" to "Eigenmiete"

Discussion

smithrj (asker) Nov 2, 2007:
I'm afraid that all the context I can give is what I said above. The words 'Eigenmiete (warm)' are on their own within a form under the heading for monthly outgoings with a blank space next to it to enter the amount.
AllegroTrans Nov 2, 2007:
cost of hot water? cost of central heating? have you any context that would help?

Proposed translations

+3
50 mins
Selected

notional rent(al value)

This is essentially the value of the benefit you derive from owning your home. It's an umbrella term for a cost that you pay in various ways: by making mortgage payments, by maintaining your property (or by losing property value when you fail to maintain it) by paying taxes on your home and by not earning interest on your own money invested in the home.

The "warm" part means including utilities (electricity, gas, water, telephone, whatever is applicable). Look up Kaltmiete/Warmmiete for more explanation.
Note from asker:
Thank you for the explanation and links. Very useful.
Peer comment(s):

agree Paul Cohen : Great explanation, Andras.
27 mins
agree Ventnai
18 hrs
agree Dr.G.MD (X)
4 days
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4 KudoZ points awarded for this answer. Comment: "Thank you Andras. Your explanation and the links you provided were extremely helpful. As I said to Alec, I wish I could split the points between the both of you really but I have decided to select your answer."
31 mins

Rental value (of owner-occupied property) including heating costs

Eigenmiete is a common term - it refers to the imputed rent(al value) of -usually commercial - properties. In Switzerland it is taxed.
The reason for the "medium"confidence here is that I can't really see how it fits into the questionnaire you have - unless it's a way of assessing the notional income from the property for some reason. IMHO it must mean more than heating costs alone.

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Note added at 46 mins (2007-11-02 17:42:38 GMT)
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?? could it be a way of reflecting the rent "saved" by buying a property rather than renting one - i.e. to add to the purchaser's notional disposable income? Just a thought.
Note from asker:
Thanks for the links. I did all sorts of searches before posting and didn't find anything as useful as those. I have to admit that I think it will be more than heating costs.
Hmmm. I thought I'd added a note to you but it doesn't seem to have appeared. What I wanted to say was that I wish I could split the points between you and Andras because both your answers and the links provided have helped me arrive at a solution to this problem. Thank you very much.
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20 hrs

imputed rent

this is a term economists use.

I agree with Alec that without more it is difficult to see how it fits the questionnaire ...
Note from asker:
Thanks for the link. I have honestly given as much context as I can! It's the lack of context that's giving me difficulty in translating it...
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