An owner-occupied home (“Eigentumsimmobilie”) can be an apartment or a house of various types and entails the right to live in the apartment or house as well as to make changes within the property according to personal needs and taste. The apartment or house may also be fully or partially rented out as a capital investment. As opposed to a rental apartment (Mietimmobilie), owner-occupied homes, hence, give the owner more freedom. Properties can be bought used or newly built.