When buying, owning, renting and disposing of real estate in Germany, foreigners pay taxes at the same rates as residents of the country.
After the conclusion of the transaction, the buyer pays a one-time tax on transfer of ownership (Grunderwerbsteuer). Continue reading
In Germany, one of the lowest mortgage interest rates in Europe. German banks provide loans to buy an apartment or house and residents and foreigners. Mortgage registration lasts an average month and costs about 1% of the loan amount.
If an investor buys real estate in Germany for rent, the loan increases the return on invested capital at the expense of leverage, since the cost of borrowed money is usually less than the proceeds from the lease. Continue reading