Diversify maintenance reserves – with physical gold.
Protect the reserve assets of your property association from gradual inflation. A tangible-asset component alongside cash and term deposits – professionally vaulted in Singapore's high-security duty-free warehouse.
Reserves on a current account lose purchasing power year after year.
A property association with €250,000 in reserves on a checking account loses around €64,000 of real value over 10 years at 3 % inflation – money that will be missing later for roof repairs, heating renewal or façade work. Conservative investments offer little yield, and pure cash holdings carry the full inflation risk.
Diversification without speculation
Tangible asset, not paper money
Physical gold has been a store of value for millennia. It barely correlates with stocks or bonds and has historically performed well during inflation and crises.
Full ownership, no paper promise
The association as a partially-legal entity owns the bars – no ETF, no certificate, no claim against a bank. No special-fund protection needed: it is property.
Tax-optimised & liquid
Investment gold is VAT-exempt in Germany (§ 25c UStG). Holdings can be sold at LBMA market prices via the app at any time – usually paid out within a few business days.
Storage outside the EU
Vaulted in 'The Reserve' duty-free warehouse in Singapore – politically neutral, fully insured, audited annually by independent third parties.
What the 2020 WEG reform makes possible
Since the 2020 reform of the German Wohnungseigentumsgesetz (WEG), the property association is a partially-legal entity (§ 9a WEG) and unambiguously the bearer of the management assets. It can hold its own accounts, enter contracts and acquire assets – including precious metals.
§ 19 (1) WEG – Proper administration
The benchmark for any investment decision is proper administration. Safety and availability of funds take precedence over yield maximisation. A diversified allocation – including a tangible-asset quota – can be proper administration if legitimised by resolution.
§ 27 WEG – Duties of the administrator
The administrator manages the joint assets but may not invest in precious metals on their own initiative. They require a valid resolution of the owners' assembly that specifies the form of investment, quota and provider.
Resolution & diversification
A clear agenda item with a fixed maximum quota (e.g. 10–25 % of reserves), a defined investment form (physical investment gold, VAT-exempt) and a named custodian is recommended. Liquidity needed for ongoing maintenance stays on the account.
Note: This information does not constitute legal advice. The specific arrangement should be coordinated with your property management firm, the WEG administrator and, if necessary, a lawyer specialising in condominium law.
From first conversation to your first gold bar
Non-binding initial consultation
We talk with the property management firm and/or advisory board about the size of the association, reserve volume and target allocation. You receive all documents to prepare the owners' assembly.
Presentation to the advisory board
On request, we present the concept in person or via video call – including security, vaulting and tax topics, and answers to typical owner questions.
Resolution by the owners' assembly
We deliver a prepared resolution proposal (quota, form, custodian) as a ready-to-vote agenda item. After successful resolution, implementation begins.
Open the depot & invest
The association is set up as the legal account holder. The first tranche is acquired at LBMA market prices and vaulted in Singapore. Reporting via the Spargold app, fully transparent.
Common questions from property managers and advisory boards
Talk to us
Schedule a non-binding initial conversation – we accompany your association from the owners' assembly to the depot opening.
Helge knows the property industry from the inside: he is a landlord, property manager and real-estate owner himself and understands precisely where property management firms and advisory boards face friction. As a certified property manager (IHK) and certified property-management specialist (ILS) – with an MBA focused on law, a state examination in public law and over two decades of experience as Head of HR, entrepreneur and investor – he combines legal, real-estate and fintech expertise.
Contact form for property managers & advisory boards
We get back to you within one business day.