Costs (% of the buying price):
| "Grunderwerbesteuer"(Property Transfer Tax) | 4.5% |
| Notary costs | 1.0% |
| Registration in the Land Registery Office | 0.5% |
| Real estate agent fee | Up to 7.14% (incl. 19% VAT) |
In addition to these costs, we recommend our clients engage a property lawyer, to ensure all legal aspects of the purchase are properly dealt with.