Real Estate Tax In Germany: All Expats Must Know
Did you know that Berlin’s real estate transfer tax (“Grunderwerbsteuer”) is currently 6.0 %?On a €500 000 purchase that’s €30 000 paid right to the tax office. In 2023, German property transactions totaled €229.5 billion, and Berlin alone saw 3,492 subsidized apartments approved. With costs rising fast, you need a playbook to keep more money…