Buy Apartment In Germany Review
After choosing a property, you may sign a preliminary agreement and pay a small deposit (often €1,000 to 1% of the value) [27].
Use platforms like Immobilienscout24 , Immowelt , and eBay Kleinanzeigen [6, 29].
Obtain a mortgage pre-approval from a German bank or intermediaries like Interhyp [6, 29]. buy apartment in germany
A notary drafts the contract and reads it aloud in German; if you aren't fluent, an official interpreter is legally required [11, 27].
Bank statements showing sufficient equity for the down payment and closing costs [4, 5.7]. After choosing a property, you may sign a
Banks generally require a 10% to 30% down payment, especially for non-residents [23]. Steps to Purchase
Most apartments are part of a Wohneigentumsgemeinschaft . You will pay monthly Hausgeld for shared maintenance and administration [32]. A notary drafts the contract and reads it
A valid passport or ID card (driving licenses are generally not accepted) [4].