Key takeaway
- You can sell your property through a real estate agent or on your own.
- The most critical steps in selling a property in Germany are the property valuation and online listing.
- You should collect all the property documents well in time to avoid unnecessary delays.
This is how you do it
- Do the market analysis to determine a fair sales price for your property.
- Declutter or renovate your property to increase its worth. Homestage your property and take professional pictures for the online listing.
- Choose the best time to sell the property to highlight its features. For example, sell a property with a garden in summer instead of winter.
- Once you find an interested buyer, proceed to sign the purchase contract (Kaufvertrag).
Table of Contents
How to sell a property in Germany?
Selling a property in Germany is a 12-step process.
- Market analysis and property valuation
- Set the right price for selling the property
- Collect all the property documents
- Home stage your property
- Click professional photos of your property
- Create an online listing
- Choose the best time to sell the property
- Coordinate requests. Evaluate and shortlist your buyers
- Organize property viewing appointments
- Negotiate the property sales price
- Prepare a notary appointment
- Organize the property handover
The most important steps are the property valuation and online listing. Property valuation ensures you ask the right price, and a good listing determines how much attention your property will get.
You can sell a property in Germany yourself or get support from a real estate agent. To make the decision, you first need to know the process of selling a house in Germany.
Let’s understand each step in detail.
Step 1: Market analysis and property valuation
Follow the steps below to perform the property valuation.
- Check similar properties in your area listed on real estate portals. See what price other sellers are asking. Observe why certain properties are priced higher than others. What parameters are affecting the property price the most? These questions will help you gain a deeper understanding of your local real estate market. It’ll also give you an idea of whether renovating the property before selling is worth it. Here are some major real estate portals in Germany.
- Check the price atlas. Many realtors, mortgage brokers, and real estate portals offer a price atlas. A price atlas displays the asking prices of properties down to the individual addresses from previous years. It doesn’t show the actual sale prices of the properties. The actual sales price could be lower or higher. But it’ll give you a fair estimate of average property prices in your area. Here are some price atlases you can refer to.
- Check average property prices in “Grundstücksmarktberichten” or “Immobilienmarktberichten”. Every city in Germany publishes an annual report on property price development within the city. You can search for it by typing “Grundstücksmarktberichten <city name>” in Google. In the report, you’ll find the land and property prices per square meter. You can also check the heatmap that shows price development in different regions within the city.
- Ask a real estate agent: Once you have completed the above steps, you’ll know the range of your property’s sale price. To get the final price, contact two to three real estate agents in your area. Real estate agents have their own database on how much they sold a property for. Real estate agents also have a network through which they can obtain a realistic estimate of the property’s price. Real estate agents offer property valuation for free, and you are not bound to sell the property through them.
- Hire a property appraiser (Immobiliengutachter): An Immobiliengutachter’s job is to assess the market value and condition of a property. They charge between 500€ and 2000€ for their service. You also get an official valuation report (Gutachten) from them. As a seller, you don’t need a property appraiser. It’s more interesting for the buyer as they want to know the property’s condition and future maintenance costs.
Step 2: Set the right price for selling the property.
After completing the above four steps, you know the fair asking price. You should set a price in your mind at which you’ll happily sell the property.
You should also set the minimum sales price for yourself. This is the price below which you won’t sell the property.
Here are a few tips to keep in mind when setting the sales price of your property.
- You get the most responses in the first 3-4 days after listing your property for sale. High prices can deter potential buyers. So, establish your initial price as market-friendly as possible.
- Never reduce your property sales price in your listing. The potential buyers who saved your listing will get notified about the price reduction. This will negatively affect your property value.
- If you want to sell your property quickly (within a month), you have to set the price lower than the market price. If you have enough time (3 to 6 months), you can wait for a better offer.
- List your property at a slightly lower price. If you get multiple interested buyers, you can always ask for higher bids. However, this could also lead to buyers losing interest. So, use this approach cautiously.
- Don’t set the price too high compared to other properties on sale (or recently sold) in your vicinity. This can deter the prospective buyer. However, you can set the price higher if your property has something special to offer. For example, your property has a secret garden or is of historical importance.
- Don’t get greedy. If you find a buyer with an approved mortgage and willing to pay the asking price, don’t wait for someone willing to pay more.
Step 3: Collect all the documents you need when selling the property
Depending on the type of property you own (apartment, house, newly built property, etc.), you’ll need a different set of documents.
It’s best to collect all the documents before the property listing is live. This way, you can provide the documents
- the buyer will need for the mortgage and due diligence,
- the real estate agent will need (if you hire one),
- the notary will need for drafting the purchase contract, and
- the property appraiser will need for property valuation.
The minimum documents required before listing the property are those specified by the real estate agent and buyer. You can arrange other documents later.
Here is the list of documents you’ll need to sell a property in Germany.
| Document | Buyer | Real estate agent | Notary |
| Current land register extract ( Grundbuchauszug) It shouldn’t be older than three months. | ✅ | ✅ | |
| Energy certificate (Energieausweis) | ✅ | ✅ | |
| Declaration of division (Teilungserklärung) | ✅ | ✅ | |
| Living space and usable area calculation (Wohn- und Nutzflächenberechnung) | ✅ | ✅ | |
| Floor plan (Grundrisse) | ✅ | ✅ | |
| Cataster map (Flurkarte) | ✅ | ✅ | |
| Cubic volume calculation (Kubaturberechnung) | ✅ | ||
| Extract from the register of building encumbrances (Baulastenverzeichnis). In Bavaria, this information is part of the Grundbuchauszug. | ✅ | ||
| The last three years’ “minutes of the homeowners’ meeting” document (Protokolle der Eigentümerversammlung) | ✅ | ||
| The last three years’ annual financial statements from the property management (Wirtschaftsplan) | ✅ | ||
| Exposé | ✅ | ||
| Rental contract if the property to be sold is rented (Mietvertrag) | ✅ | ||
| Overview of significant damage, repairs, and modernizations over the last 30 years | ✅ | ||
| Property appraisal from an expert (Gutachter), if applicable | ✅ | ||
| Power of attorney to obtain the necessary property documents on your behalf (Vollmacht) | ✅ | ||
| Personal ID (Ausweise) | ✅ | ||
| List of items you are selling and for how much (e.g., furniture, parking space, etc.) | ✅ | ||
| Information required to create the purchase contract, such as purchase price, payment terms, and liabilities. | ✅ | ||
| Leasehold contract (Erbbaurechtsvertrag) | ✅ | ||
| Proof of historic preservation regulation, if applicable (Denkmalschutzbestimmungen) | ✅ | ||
| Proof of usufruct or residential rights, if applicable (Nießbrauch oder Wohnrechte) | ✅ | ||
| Authorization from the bank to delete the mortgage entry if the property is still financed | ✅ | ||
| Building permit (Baugenehmigung) | ✅ | ||
| Building description (Baubeschreibung) | ✅ |
Step 4: Home stage your property for potential buyers viewing
Home staging is a vital part of selling your property in Germany. A good home staging
- fetches you a higher selling price and
- helps you sell the property faster.
58% of buyers’ agents said home staging usually influences how most buyers see a home (EAHSP 2023 report). EAHSP is the European Association of Home Staging Professionals.
Here are some other key findings from their report.
- 81% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.
- Staging the living room was found to be most important for buyers (39 percent), followed by the primary bedroom and the kitchen.
- Here is what buyers are looking for: property photos (77%), home staging (58%), videos (74%), and virtual tours (42%).
- 20% of buyers’ agents reported that staging a property increased its value between 1% and 5%, compared to other similar properties on the market that were not staged.
The above data highlights the importance of home staging. The next question is how to do home staging.
- Declutter your property to make it appear more spacious to potential buyers.
- Paint the walls, add plants, include some furniture, etc.
The goal is to help buyers imagine themselves living in the property. You can also invest in a home-staging service. They are experts who stage your house for property viewings.
You can find home-staging experts on DGHR (German Society for Home Staging and Redesign). If you hire a real estate agent, they will do this for you.
Step 5: Click professional photos of your property
Once you have staged your property, take its pictures for advertisements. Here are some tips when taking your property pictures.
- Take pictures of your property from picturesque angles:
- Beautiful views surrounding your property (from outside, balcony, verandas)
- Pictures of special features like (kitchen installations, antique furnishings, etc.)
- Take pictures in bright light, preferably in daylight. Doing so offers a warm feeling and allows buyers to see the property more clearly.
You can watch YouTube videos to learn how to take professional-quality real estate photographs. This can drastically improve the quality of your pictures. Another option is to hire a professional photographer with experience in real estate photography.
You should also consider making a video tour and 3D walkthrough of your property. This will be helpful for:
- Overseas buyers who may not be able to visit your property in person.
- Solidify the interest of potential buyers in your property.
- Filtering interested buyers. Like you (the seller), buyers also only want to visit the properties that look interesting to them. By providing high-quality photos and videos, you help buyers make a more informed decision about whether to visit your property or not.
Most smartphones offer the capability to create 3D videos. You can learn how to make them on YouTube.
Step 6: Advertise your property for sale
The next step is to reach out to the potential buyers. To do so, you must identify your target audience. Is it young couples, families, or older people?
Based on your target audience, you must design your marketing.
- What property features must you highlight?
- Where to post the advertisement and more.
For example, older citizens look for properties in the newspaper ads. On the other hand, young couples and families explore the online real estate portals.
Listing your property online is a must nowadays. There are many real estate portals in Germany where you can list. However, the major ones are
Listing in the portals mentioned above is simple.
- Create your account.
- Complete the listing form online. The portal will guide you through each field, explaining what it is and how to complete it.
- Pay the listing fees.
Tips on creating an online listing to sell a property in Germany.
- Display an eye-catching cover photo/thumbnail: This will be the thumbnail of your property listing in the portal’s search results. A good thumbnail catches prospective buyers’ attention and increases the click-through rate.
- Write an attention-grabbing listing title: The title should answer the buyers’ expectations. It should contain the following information.
- Are you selling it privately or via a real estate agent?
- Is the property ready to move in, or does it need renovation?
- Property size or number of rooms
- Property location
- Energy efficiency
- Here are some example titles
- Family paradise with 92 m² and southwest-facing balcony in Adlershof – Final payment possible
- Energy-efficient apartment in a quiet forest street with elevator and cellar compartment – Final payment
- Modern, light-filled 3-room maisonette apartment directly on the water with two balconies and an elevator.
- Provide a brief yet comprehensive description: Write down the intrinsic features of your property, such as the number of rooms, floor, direction it faces, balcony, backyard, cellar, etc.
- Include the floor plan: A floor plan helps the buyer to check whether the property’s architecture meets their needs. You can include the floor plan as a PDF or a picture.
- Mention any shortcomings of your property, such as a lack of parking space, no elevator, or being rented out. This way, you stay transparent and save yourself and the buyer some time.
- Share the property address: This allows interested buyers to evaluate the area online and decide whether to visit the property in person or not. It’s a great way to filter potential buyers without investing any time or effort.
Step 7: Choose the optimal time to sell the property in Germany
If you have the option, consider listing your property for sale when it can best showcase its unique features.
For example, suppose your property has a beautiful garden. In this case, spring is the best time to sell. If you have a pool, this feature will drive up the purchase price more when sold in summer than in winter.
Similarly, if your property is a cozy attic apartment, it may look even more comfortable during winter.
When to sell may not seem so important, but it can have a significant impact on your sales price and how fast your property will sell.
Step 8: Evaluate and shortlist buyers interested in your property
There are certain factors to consider when managing the queries of interested buyers.
How can the buyers contact you?
- Consider how and when you want to be available to potential buyers. Do you prefer phone calls or emails? Accordingly, mention your phone number (along with your availability time) or email address in the listing.
- Don’t mention your private number in the listing. We recommend getting a new prepaid number. This way, you can turn it off and on based on your schedule.
Filter buyers before inviting them to your property viewing
Clarify whether the caller is a real estate agent or a potential buyer. If they are a potential buyer, ask them the following questions.
- Why do they want to buy the property? Suppose they want to live in it themselves. However, the property is rented. Mention this to the potential buyer.
- Gauge their interest. Are they interested in the property or just window shopping?
- What kind of property are they looking for?
- How long have they been searching?
- Where are they traveling from?
- Have they already spoken to a bank about financing?
- When can they come for a viewing?
Asking these questions will help you distinguish between serious and non-serious buyers. You can prioritize scheduling an appointment with the serious buyers over non-serious ones.
Buyers who can’t answer the above questions probably only want to “take a look.” They are not serious buyers. So, note their contact information and explain that you are collecting inquiries. You’ll contact them to schedule a viewing appointment. You can then invite all the non-serious buyers together at the same time for the property viewing if required.
Step 9: Organize property viewing appointments
Here are the things you should prepare for your property viewing appointments.
- Present your house and garden in the best possible condition. If you are living in the property, ensure that your family is not present during the viewing. Declutter the property to make it look spacious. In short, follow all the best practices explained in the home staging step.
- Get familiar with all the details of your property, such as the heating system, insulation, and recent renovations.
- Prepare all the relevant documents that the buyer may ask for. If you find a serious buyer, sending them all the necessary documents can speed up the property selling process.
- Assess the buyer’s finances. You can ask the buyer if they have a Finanzierungszertifikat. It is a letter from a bank stating that they are eligible for a mortgage of X amount. Sometimes, you find buyers who want to purchase the property but lack the necessary finances. You may reserve the property or move to the next step of a Notary appointment only to find out later that they cannot afford it.
Step 10: Negotiate the property sales price
Here is how to negotiate effectively.
- Set a Realistic Asking Price. A fair price attracts serious buyers.
- Decide on the lowest price you’re willing to accept. Factor in your property selling costs, mortgage payoffs, etc. Never share your lowest price with the buyer. Setting a lowest price for yourself ensures you don’t make a bad deal.
- Highlight Property Strengths. Emphasize unique features of your property, like a renovated kitchen or a large yard.
- Stay calm and don’t take low offers personally.
- Negotiate Confidently. Respond to offers promptly, but don’t rush. Counter with small reductions to show flexibility. For example, if you list at €300,000 and get an offer of €280,000, counter at €295,000.
- Consider Non-Price Terms. Be open to buyer requests, like closing dates or repairs. Offering flexibility here can justify a higher price. For example, agree to cover minor repairs if the buyer meets your price.
- Demand and supply determine the price. If the real estate market is hot, you can hold firm on price. Otherwise, be more open to negotiation. Avoid letting the property sit on listing portals for too long, as this may signal potential issues with the property.
- Don’t let emotions cloud your judgment. Treat the sale as a business transaction.
If you don’t feel confident in your negotiation skills, a good real estate agent can support you here.
Tip: Don’t take down your listing before signing the purchase contract
The loan confirmation process can take a while. Meanwhile, don’t take down your property listing just because you’ve finally found a prospective buyer.
Until you and the prospective buyer have signed a purchase contract (Kaufvertrag) with the notary, your property is not sold. The buyer can back out in the last minute.
You should keep the online listing live till you sign the purchase contract. Only after signing the purchase contract is the buyer legally obligated to pay the purchase price.
Step 11: Notary phase of selling the property in Germany
You and the buyer agree on a price. The buyer also has the necessary financing approval from the bank. The next step is the paperwork.
Only a notary is allowed to handle the property’s sales paperwork in Germany. A notary is a public official who considers the interests of both buyers and sellers. They draft and certify property sale contracts.
The buyer has the right to pick a notary. This is because the buyer pays the notary’s fees. Even if the purchase falls through for any reason, the buyer still has to pay the notary’s costs incurred up to that point.
How does the notary process look?
- The notary requests that both the buyer and the seller fill out a form. In this form, you will enter your personal and property details. The notary needs this information to create the purchase contract.
- The notary will draft the purchase contract (Kaufvertrag).
- The notary will send the purchase contract draft (via email) to all the involved parties, i.e., seller, buyer, real estate agent, bank, etc., for review. Typically, everyone has two weeks to review the draft and suggest edits. A two-week time period is mandatory if one of the parties (buyer or seller) is a legal entity (E.g., GmbH, UG).
- Once both buyer and seller agree on the purchase contract draft, you and the buyer must sign the contract in person in the presence of a notary.
Things to keep in mind before signing the purchase contract
- Ask the buyer to provide the mortgage approval letter or the land charge form (Grundschuldbestellung) from the bank. This ensures that the buyer has the financing to pay the property purchase price.
- Ensure that the purchase contract includes the following clause: Buyer authorizes the notary to delete the preliminary entry from the land register if the purchase contract must be rescinded due to non-payment of the purchase price.
Timeline of events after signing the purchase contract
Here is an event timeline from the seller’s perspective after signing the purchase document:
- In the 1st week, you’ll receive a copy of the signed purchase contract (Kaufvertrag).
- After 4-8 weeks, the notary will ask you to provide details on existing loans (if any) still registered in the land register (Grundbuch). The notary will contact the relevant authorities to delete your existing loans.
- After 6-12 weeks, once the buyer makes the payment, the bank gets paid first (if a loan still exists). You’ll receive the remaining amount. Once you receive the amount, you’ll inform the notary. The notary then applies to the transfer of ownership to the land registry.
- The buyer is registered as the owner in the land register (Grundbuch). Both parties are informed of this process by the notary. The building insurance (Gebäudeversicherung) is then transferred to the buyer.
- You might have to pay capital gains tax depending on the property usage and how long you owned it.
Step 12: Hand over the property to the buyer
After receiving the amount, schedule a handover appointment with the Buyer. Here are the things you must do during the property handover.
- Remove all the furniture (unless you sold it with the property) and clean the property.
- Hand over all the property documents to the buyer. Here is a checklist for your reference.
- Acceptance certificate from the building authority (Abnahmebescheinigung der Baubehörde) (for newer buildings, according to state building regulations)
- Building application (Bauantrag)
- Building permit (Baugenehmigung)
- Building specifications (Baubeschreibung) (also for extensions and conversions)
- Construction drawings, floor plans of all floors, sections, and elevations (Bauzeichnungen, Grundrisse aller Geschosse, Schnitte und Ansichten)
- Operating instructions for the heating system and appliances
- Warranty certificates for building services (if any)
- Invoices from tradesmen, invoices for maintenance, and modernization (if any)
- Maintenance reports/contracts (if any)
- Current chimney sweep inspection report (Aktueller Schornsteinfeger-Prüfbericht)(heating system, chimney) (if you own a house)
- Fire insurance policy (Feuerversicherung)/ homeowners insurance (Gebäudeversicherung)
- Handover protocol (Übergabeprotokoll) including meter readings (heating, hot water, electricity)
From where and how to get the documents to sell the property ->
- Develop a handover protocol to prevent future disputes. It should include the following information.
- Date of handover
- Property address
- Meter reading of heaters in all rooms, electricity, cold & hot water, gas (if available).
- How many keys have been handed over, and which keys have been handed over
- Signature fields for buyer and seller
- If you sold an apartment, notify the building management company (Hausverwaltung) about the sale and cancel the SEPA debit mandate authorization (if any).
Should you sell the property with the help of a real estate agent?
You know the steps involved in selling a property in Germany. The next question you may ask is whether you should complete the entire process yourself or hire a real estate agent.
To answer this question, you must know the pros and cons of selling a property with a real estate agent.
Advantages of selling a property with a real estate agent
A good real estate agent does the following for you.
- Appraise and determine the asking price of the property.
- Homestage your property to make it look attractive and fetch the best price.
- Click professional photos, create 3D videos, etc., and prepare an eye-catching exposé for your property.
- Promote your property through the proper channels, such as online listings, newspaper ads, and their own network.
- Collect and prepare all the property documents on your behalf. You must give them power of attorney to arrange the documents on your behalf.
- Communicate with the prospective buyers and schedule viewing appointments.
- Negotiate the sales price on your behalf. A good real estate agent can better judge the market and involve interested buyers in a bidding war.
- Hand over the property on your behalf.
In short, a real estate agent is with you throughout the property-selling process. This could save you a lot of time and headaches while ensuring you get the best price.
However, there are certain things you must be aware of before hiring a real estate agent.
Disadvantages of Hiring a Real Estate Agent
- A broker charges a hefty fee for their services. The broker’s fee is a percentage of the property’s sale price. It can go up to 7.14% of the property price. Both seller and buyer share this cost equally (since Dec. 2020). This means you’ll pay around 3.57% of your property price to your real estate agent.
- Real estate agents get paid only if the property is sold. It’s a double-edged sword. This condition motivates real estate agents to sell your property quickly. However, at the same time, it may lead real estate agents to push the sale even if the current offer is not the best for you. Therefore, it is essential to work with a reputable real estate agent who has positive reviews.
- Many buyers prefer to buy properties that are sold privately. The reason is that they save 3.57% of the property purchase price.
NOTE: Whether to sell a property or not is your decision even if you hire a real estate agent. You can always say no to a particular offer.
Conclusion
Hiring a real estate agent makes sense if
- you don’t have the time to sell the property yourself,
- you don’t live in the city where your property is,
- you want to sell the property fast,
- you don’t mind paying the real estate broker’s fee, and
- you want a professional to coordinate everything on your behalf.
You can find English-speaking real estate agents here. ->
What to consider when hiring a real estate agent in Germany ->
Where can you obtain the documents to sell the property in Germany?
| Office | Documents |
|---|---|
| Office for the Protection of Historic Monuments (Amt für Denkmalschutz) | Proof of historic monument protection regulations (Nachweis über Denkmalschutzbestimmungen) |
| Architect (Architekt) | – Construction drawings, floor plans of all floors, sections and elevations (Bauzeichnungen, Grundrisse aller Geschosse, Schnitte und Ansichten) – Cubic volume calculation (Kubaturberechnung) – Living space and usable area calculation (Wohn- und Nutzflächenberechnung) |
| Building authority (Baubehörde) | – Acceptance certificate from the building authority (Abnahmebescheinigung der Baubehörde) – Excerpt from the list of building encumbrances (Auszug aus dem Baulastenverzeichnis) (all federal states except Bavaria) – Building permit (Baugenehmigung) – Construction drawings, floor plans of all floors, sections and elevations (Bauzeichnungen, Grundrisse aller Geschosse, Schnitte und Ansichten) |
| Land registry office (Grundbuchamt) | – Current land register extract (Aktueller Grundbuchauszug) (in Bavaria, also includes building encumbrances) – Proof of usufruct and residential rights (Nachweis über Nießbrauch und Wohnrechte) – Declaration of division (Teilungserklärung) |
| Appraiser (Gutachter) | – Energy Performance Certificate (Energieausweis) – Cubic Volume Calculation (Kubaturberechnung) – Valuation Report (Wertgutachten) |
| Energy Consultant (Energieberater) / Chimney Sweep (Schornsteinfeger) | – Energy Performance Certificate (Energieausweis) |
| Property Management (Hausverwaltung) | – Operating Cost Statements (Betriebskostenabrechnungen) – Annual Financial Plans (Jahreswirtschaftspläne) – Minutes of Owners’ Meetings (Protokolle der Eigentümerversammlungen) – Overview of Major Damage, Repairs, and Modernizations (Übersicht über wesentliche Schäden, Instandsetzungen und Modernisierungen) |
| Cadastral Office (Katasteramt) / Surveying Office (Vermessungsamt) / Office for Land Management (Bodenmanagement) / Office for Digitalization, Broadband, and Surveying (Amt für Digitalisierung, Breitband und Vermessung) [The cadastral office may have different names depending on your region. If none of the above offices exist in your region, search for an office with “Geo” in the root word.] | – Current Cadastral Map (Aktuelle Flurkarte) / Site Plan (Lageplan) |
There are also online services, such as the “Grundbuchauszug-platform,” where you can enter your details and order the property documents you need. Your real estate agent can also collect all the required documents on your behalf.
Tax aspects of selling a property in Germany
- Capital gains tax: If you sell your property within ten years of purchase, you may have to pay capital gains tax. There is one exception. If you have lived in the property yourself for the past three years, the sale is tax-free. To be more precise, you only need to live for 1 year and 2 days to make the sale tax-free. For example, suppose you want to sell the property in 2026. In this case, you should have been living in the property since 31 December 2024, and you can sell it tax-free on 2 January 2026. So, you lived only 1 year and 2 days in the property, but satisfied the 3-year rule.
- Real estate transfer tax for the buyer (Grunderwerbsteuer): The buyer pays the real estate transfer tax. However, you should be aware of it, as it influences the total purchase price for the buyer. Hence, it affects the property’s attractiveness. The real estate transfer tax varies between 3.5% and 6.5% depending on the federal state in which your property is.
- Sales tax (VAT): Sales tax is not charged on the private sale of residential real estate. This means that both the buyer and the seller are private individuals. However, sales tax applies to commercial sales.
- Inheritance or gift tax: If you inherited the property or received it as a gift, you may have to pay inheritance or gift tax. This depends on the value of the property and your relationship to the donor or testator.
How does the property sale process look if there are co-owners?
Before selling a property in Germany, you need the consent from all the co-owners. If all the co-owners agree to the sale, the process is the same as explained above.
However, suppose any one of the co-owners refuses to sell the property. In this case, you cannot sell the property.
If you really want to sell the property, you do so by dissolving the co-ownership by force through a partition auction (Teilungsversteigerung). To do this, you apply to the responsible district court.
FAQs about selling a property in Germany
No. However, you might have to pay capital gains tax if you sell a property you owned for less than 10 years.
Yes, if you sell a property you had owned for less than 10 years, you must pay capital gains tax in Germany. There is one exception. If you have lived in the property yourself for the past three years, the sale is tax-free.
The buyer has the right to pick the notary, as they pay the notary’s fees.
The draft purchase contract can cost between 0.5% and 1% of the purchase price.
Yes, you can sell your property even if you have an ongoing mortgage. However, you may have to pay early repayment penalties.
You are exempt from repayment penalties under Section 498 or the German Civil Code (Bürgerliches Gesetzbuch) if you have been making loan payments for more than 10 years.
Typically, it takes between 3 and 6 months to sell a property. If you want to sell your property quickly, the initial listing price should be lower than that of other properties in your area. If you have more time and no pressure, you can set the initial listing price higher.
If everything goes smoothly, you’ll receive the money in around 4 to 6 weeks after the notary appointment (Notartermin).
References
- https://www.dahlercompany.com/de/immobilie-verkaufen/ratgeber/was-passiert-nach-der-notariellen-beurkundung
- https://www.heid-immobilienbewertung.de/uploads/heid_checkliste_hausverkauf_unterlagen.pdf
- https://www.finanztip.de/haus-verkaufen/
- https://immobilienverkauf-schroeder.de/home/faq-ulm-fragen-antworten/
- https://www.notar-drkotz.de/entwurfsgebuehr-fuer-grundstueckskaufvertrag-bei-vorzeitiger-beendigung-des-beurkundungsverfahrens/
- https://www.drklein.de/haus-verkaufen-kredit-noch-nicht-abbezahlt-faq.html
- https://www.immobilienscout24.de/wissen/verkaufen/vergleichswertverfahren.html




