When purchasing a premium property in Potsdam (Brandenburg), in addition to the pure purchase price, statutory ancillary purchase costs must be factored in. For a property value of €2,000,000, these are broken down as follows:

• Real Estate Transfer Tax The state of Brandenburg levies a tax rate of 6,5 %, which, at this purchase price, is exactly 130.000 € corresponds.

• Notary and Land Registry Fees The costs for the notarisation of the purchase agreement and the entry in the land register amount to approximately 1.5% to 2% (approx. €30,000 to €40,000).

• Estate agent's commission Since the legal amendment regarding the shared payment of the brokerage commission for the purchase of detached houses and owner-occupied flats, the commission is usually divided equally (in equal parts) between buyer and seller. The buyer's share typically amounts to 3.57 % incl. VAT. of the purchase price (this corresponds to €71,400 for a €2 million property). Note: For apartment buildings, development plots, or purely commercial properties, the commission structure may be individually agreed and may differ.

Total calculation: For an investment of €2 million in Potsdam, you should expect ancillary costs totalling around €11.5 million to €12 million. As we are not permitted to provide tax or legal advice, we work closely with our clients’ tax advisers or specialist partners to ensure that the transaction is carried out in full compliance with the law.