German Property Investment - Tax?

Question

I hold British and German passports. If I bought a property in Germany as an investment, would I be liable to pay tax on the rental income and on the sale of the property in the future? If so, how much?

Answer 1

You would be liable to pay income tax on the rental income and real estate tax at a locally different percentage of the estimated value. When you sell the property you would have to pay real estate transfer tax 3.5% of the price. Additional if you sell before 10 years after you bought the property you would have to pay income tax on the gain.

Answer 2

as above