If you are planning to buy a property in Germany it's important to consider all the associated costs involved in the process. Our Additional Purchasing Costs Calculator is designed to help you estimate the additional expenses you'll incur when purchasing real estate in Germany.
Closing costs play a significant role when buying property in Germany. These costs include various expenses such as the notary fee and property transfer tax. The notary fee covers the legal formalities and documentation required for the property transfer, ensuring a smooth and secure transaction. The property transfer tax, on the other hand, is a tax imposed by the government on the transfer of property ownership.
When buying property in Germany, it's crucial to account for additional costs that can impact your budget. These costs, including notary fees and property transfer tax, vary by Bundesland (German state) and can range from 3.5% to 6.5% of the purchase price. Additionally, brokerage fees, which are typically at 3.57% should also be considered. Our calculator provides an estimate of these costs, helping you plan your investment more accurately.
Our calculator takes into account these additional purchasing costs, allowing you to make an informed decision about your real estate investment. By entering the purchase price of the property, our calculator automatically calculates the estimated costs, including the notary fee and property transfer tax based on the applicable rates in your Bundesland (German state).
Property transfer tax ranges from 3,50 % to 6,50 % of the purchase price depending on the properties location (Bundesland / German state) within Germany.
Baden-Württemberg
Bayern
Berlin
Brandenburg
Bremen
Hamburg
Hessen
Mecklenburg-Vorpommern
Niedersachsen
Nordrhein-Westfalen
Rheinland-Pfalz
Saarland
Sachsen
Sachsen-Anhalt
Schleswig-Holstein
Thüringen
5,0 %
3,5 %
6,0 %
6,5 %
5,0 %
5,5 %
6,0 %
6,0 %
5,0 %
6,5 %
5,0 %
6,5 %
3,5 %
5,0 %
6,5 %
6,5 %
Our Additional Purchasing Costs Calculator is a valuable tool for anyone involved in the property market in Germany. For potential buyers, it provides an estimate of the additional costs associated with a purchase, including potential brokerage fees, helping you make informed decisions and maximize your investment. For homeowners, it offers insight into the actual cost a buyer will incur when purchasing your home, allowing you to better estimate if your asking price is realistic. Remember, understanding all costs involved in a property transaction, including those that may not be immediately apparent, is key to a successful real estate investment in Germany.
If you are interested in getting an independent valuation of your property feel free to get in touch.