These are all costs that are directly related to the purchase of a property.
They are not insignificant in their total amount and should definitely be included in the financial planning when buying real estate.
The purchase of a property is mediated by an estate agent, who charges a brokerage fee. The amount of the estate agent's commission is not fixed by law.
The stamp duty must be paid shortly after the purchase and cannot be deferred as it is a transfer tax. Without payment of this tax, the transfer in the land register to the new owner cannot take place.
The incidental transaction costs also include notary fees. These cannot be avoided, because in Germany all property sales must be notarised. Without a notarial recording, the land registry cannot enter any securing loans in the land register.
If you buy a new development ‘off-plan’, according to German law, you will receive up to 7 invoices from the developer based on construction progress. On average, the payments will look like this: