Friday, 18 October 2013

From January 2014 Property Sales Tax in Berlin up by 1%

Properties in Berlin
It is official now: Last Tuesday the Berlin City Government (Senat) has passed the increase of the property sales tax from 5% to 6% of the purchase price. It is expected that it will pass the city parliament (Abgeordnetenhaus) as the coalition gavernment has a majority there. The last raise from 4.5% to 5% was only in 2012.

The declared purpose is to improve Berlin's disasterous debt position. We had posted up front information in June when the plans transpired.

Anyone planning to buy a Property in Berlin should move fast now because there are really only 8 weeks left to check any property, get the financing in place and the contract agreed. To speed up this Pre-Aquisition and Purchase process we provide a specialised service for international investors. For more information and contact please visit our website


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