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I want to purchase a property for € 340,000 in
Buying a property in Kiel
Purchase fees in Kiel
Whether you are buying a property as a primary residence, second home or investment property, every state in Germany has their own singular purchase fees.
These fees are composed of the notary fee, real estate commission, and property transfer tax.
When buying a property in Kiel the notary fee is 2% of the property price, an amount that remains constant throughout Germany.
The use of a real estate agent to acquire a property in Kiel adds a commission of 7,14% to the purchase fees, where 3,57% is paid by the buyer and 3,57% of the commission is covered by the seller. However, in certain cases, depending on the size of the property price, this amount can be negotiated. Newly built projects, or properties bought directly from a distributor are typically commission-free.
Finally, the property transfer tax amounts to 6,50%. Given a property price of € 400,000, the purchase fees in Kiel are either , or , depending on whether you use a real estate agent when you purchase your property.
To find out more about how the property transfer tax varies by state in Germany, click here .
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