1. What is the process of buying a house in full in Germany?
There are four main steps in the process of buying a house in Germany: house selection, house inspection, room reservation and transfer. Germany has a strict legal system, and the purchase contract needs to be notarized by a notary office.
1, ready to buy a house
To buy a house in Germany, you must first make clear your basic requirements and financial situation of the real estate, and then further consider the location and other issues. At present, the most popular buying websites in Germany are ImmobilienScout24, Immowelt and Immonet. If German is not very good, you can choose a room on Chinese websites such as the overseas channel German Station. Before buying a house, you need to choose a good lawyer, intermediary, notary and home inspector, all of which play a key role in the process of buying a house.
2. Check the house.
In the actual process of building, in addition to the building itself, you should also check the documents related to the building, such as land books, construction contracts, energy details and so on. What is special in Germany is that most houses need energy certificates to evaluate their energy consumption, except the old houses protected by cultural relics, and the lower the energy consumption, the better. In this link, it is also necessary for home inspector to inspect the water and circuit of the house. If it is a new house, the house inspection can be omitted. In addition, the new house can only view energy certificates, floor plans and other materials.
Example diagram of German energy certificate
Property buyers can estimate the heating cost according to the energy certificate. Because of the high proportion of heating costs in Germany, the more energy-efficient the property, the better for them.
Step 3 sign a contract to book a room
After everything is ready, the buyer pays 1% of the house price as the down payment, and the seller and the intermediary draft the house purchase contract and notarize it. The notary will check the buyer's information, house information, etc. And then give the contract to the buyer for signature. German law stipulates that the buyer has two weeks to carefully understand the contents of the contract and can ask a lawyer to explain it if necessary. During these two weeks, buyers are allowed to go back on their word and get back the deposit. After the contract is signed, the notary office can continue the subsequent transfer. At this time, the buyer has to pay the notarization fee, which is generally 0.5% of the selling price of 65438+ house.
Example diagram of German house purchase contract:
Just take a screenshot of a small part of the purchase contract, which is bilingual in German and English.
4. Housing transfer
After the contract is signed, the notary will apply to the local land registration bureau to change the land registration of the title deed and transfer the property right to the buyer. After the change is completed, the seller will receive the house payment, and before that, the house payment will be placed in the supervision account of the notary office to fully ensure the safety of funds. At this time, the house has also completed the transaction, and you can find your own house property right in the land registration bureau in the future.
Second, the difference between buying a house with a loan and buying a house in full?
Before signing the contract, the buyer needs to apply for a loan from the bank, and the notary will review and arrange to sign the loan-related materials later.
1. Where can I apply for a loan? How much can I borrow at most?
A few banks in Germany are willing to lend to overseas buyers. In addition to bank buyers, you can also choose legal fund institutions to operate loans. Buying a house in Germany can be loaned up to 60%, and the loan interest rate is also very low. At present, banks in China can't provide loans for real estate in Germany, so loan intermediaries can usually evaluate their qualifications and then recommend suitable German banks and related institutions. The loan is made to a German bank account, so it is necessary for the buyer to open a German account.
2. What materials do I need to apply for a loan?
Copy of signed passport, signed mortgage loan application, payroll for the last 3 months and asset certificate issued by the bank. German banks will pay more attention to asset certificates than payroll. The asset certificate must have a personal current asset certificate other than the loan part. For example, if the house price is 6.5438+0 million euros and the loan is 600,000 euros, then there must be at least 400,000 proof of current assets. Payroll income should be able to pay the monthly interest repayment. If you can't provide proof of monthly income, the annual income is ok.
3. What should I pay attention to when buying a house in Germany?
Before buying a house, correctly estimate the cost of buying a house and consider the possible expenses; Secondly, there are many century-old houses in Germany, and the future maintenance cost should also be considered when purchasing; Buy a house in full, you can buy a house without going to Germany in person.
1. How to estimate the cost correctly?
When estimating the cost, in addition to the house price, we should also consider the house purchase surcharge, including intermediary commission, notary fee, land bureau registration fee, real estate purchase tax, etc. There is no uniform regulation on intermediary commission in Germany. Generally, the commission including tax in Berlin is about 7% of the house price, and that in North Rhine-Westphalia or Munich is about 3.5%. The registration fee of the notary land bureau is generally 65438+ 0.5% of the house price; The real estate purchase tax varies from state to state. At present, the real estate purchase tax in North Rhine-Westphalia, Shihe and Saarland has reached 6.5%, while that in Bavaria and Saxony is only 3.5%.
In addition to the one-time purchase cost, holding real estate in Germany also needs to pay land tax every year, and the actual payment ratio is related to the city, new and old real estate and house price.
2. Choose a new house or a second-hand house?
In Germany, a century-old house is very common. Many Germans choose to repair and rebuild old houses instead of tearing them down and rebuilding them. Traditional architectural features such as pure wood floors and high roofs make the price of old houses more expensive than that of new ones. So how to choose depends entirely on the buyers' own preferences and needs, but it is worth reminding that the old houses will still face a higher proportion of renovation costs in the future.
3. Can I buy a house without going abroad?
Whether you buy a house in full or with a loan, you can buy it without going abroad, as long as you entrust a lawyer to handle it on your behalf. Lawyers will take the place of buyers to participate in real estate notarization and sign purchase contracts.
In Germany, the transaction time is relatively short, the total payment is generally about one month, and the loan takes one and a half months. The auction house needs to refer to the scheme provided by the developer. In addition, the houses bought in Germany are finely decorated except the kitchen, because Germans attach importance to the kitchen and usually choose to decorate themselves.
This content is only applicable to Beijing.