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Selling a Property
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Find out how to go about selling a property in Germany...
Property may be sold privately or through estate agents. German estate agents do not share listings, meaning more freedom for both buyer and seller.
Understanding property taxes is important when selling property:
- If property is sold less than 10 years after the purchasing date, any profit made by owning the property will be taxed at a rate of 15 percent
- After owning the property for more than 10 years, any profit made on the property is tax free for private individuals but taxed for businesses
- If the same property owner sells more than three pieces of property within five years, the seller must also pay commercial tax
Further Information
- Find properties for sale or rent in your region on Angloinfo Property
Information approved by Kanzlei am Rosa-Luxemburg-Platz
Christian Regnery, Rechtsanwalt
Torstr. 49/Ecke Schönhauser Allee, D-10119 Berlin
Tel: 030 4404 2733, Fax: 030 4404 2777, www.regnery.de