Spacious bright penthouse with large roof terrace

This depends on the income situation as well as the use. In other words, whether the property is acquired for own use or as an investment.

The exact amount of equity to be contributed depends on the financial and income situation of the potential buyer as well as the location and risk profile of the property.

If only the price per m² of living space is taken into account, new buildings can be up to 50 % more expensive than existing properties.

When buying a property, you must expect the following ancillary acquisition costs: Land transfer tax, notary and land registry fees, brokerage fees and bank charges.

There are three standardised methods for determining the value of real estate in Germany: the comparative value method, the capitalised earnings value method and the asset value method. The aim of the valuation is to determine the market value of the property.