Guides on buying, renting, selling and letting

Real estate transfer tax in Saxony: Why it rose to 5.5% in 2023

On January 1, 2023, the Free State of Saxony increased the real estate transfer tax from 3.5 to 5.5 percent – a two-percentage-point surcharge that makes every property purchase noticeably more expensive. For a purchase price of 300,000 euros, buyers have since paid 16,500 instead of 10,500 euros, meaning 6,000 euros more. We explain how the tax is calculated, why Saxony increased the rate, and what the higher rate specifically means for buyers in Leipzig and Dresden.