The purchase of property also requires incidental expenses. In general, the following incidental expenses must be taken into account.

• 3.5 % real estate transfer tax (to revenue office)
• 1 % for ownership registration with the land register
• 1.5 % + VAT to lawyer or notary for drawing up the contract
• 0.5 % + VAT to lawyer or notary for a required trusteeship
• 3 % + VAT to real estate trustee
• Cash expenditure, stamp duties, certification

In case of financing without subsidies for home building additional

• 1.2 % to land register for mortgage registration
• 0.8 % borrowing tax to revenue office
• Bank service charge
  

In order to purchase real estate the incidental costs listed above are essential. Nevertheless, there may be additional costs that must also be considered. For further details please contact your agent.