Bank statements showing sufficient equity for the down payment and closing costs [4, 5.7].
Obtain a mortgage pre-approval from a German bank or intermediaries like Interhyp [6, 29].
You should budget for of the purchase price in closing costs alone, which are typically paid out-of-pocket [15, 23, 24]. 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].
Buying an apartment in Germany is a complex but legally accessible process for foreigners, requiring significant upfront capital and a structured legal sequence involving a notary. As of 2026, the market is seeing moderate recovery with predicted price growth of around [16]. Key Buying Costs & Requirements Bank statements showing sufficient equity for the down
Most apartments are part of a Wohneigentumsgemeinschaft . You will pay monthly Hausgeld for shared maintenance and administration [32].
A valid passport or ID card (driving licenses are generally not accepted) [4]. A notary drafts the contract and reads it
The property's floor plan, land registry extract, and the "declaration of division" ( Teilungserklärung ) for apartments [4]. Critical Considerations
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