What additional expenses are associated with a purchase?

This depends on the source of the property, and whether you need a loan to finance your property purchase.

- The Berlin real estate transfer tax is 5% (rising to 6% from January 2014)

- Notary costs, including entry in the land registry, amount to 1.5% of the agreed purchase price

- Allow an approximate fee of 1% of the loan for financing

If you select a property offered to us by a broker, the typical Berlin fee is an additional 6% of the purchase price plus VAT