ᐅ Additional Costs When Purchasing a Plot of Land – Property Tax?

Created on: 15 May 2016 01:09
H
Henrik0817123
Hello,

we are currently considering building a new house, and I have just learned that besides the additional costs when purchasing a plot of land and the usual monthly utility costs for energy, water, waste, etc., there is also the so-called property tax...

The calculation doesn’t seem straightforward and varies depending on the location, but is it theoretically possible that this could amount to several hundred euros per month?

We plan to build about 160 sqm (1,720 sq ft) of living space over two floors on a 700–900 sqm (7,535–9,688 sq ft) plot in North Rhine-Westphalia (Essen, Wuppertal) – I hope I might have made a mistake somewhere in my calculations... If not, this could really be a dealbreaker for many, since that would mean substantial additional costs?
S
Sebastian79
18 May 2016 07:37
You won't find anything about that online
C
Caspar2020
18 May 2016 08:00
BeHaElJa schrieb:
Where are you located, Sebastian, and how much do you pay per month? As I said... so far, I have only found ones that replace just xy %.

All the major comparison tools I used only showed insurance policies with "full replacement value compensation up to the agreed insured amount."

And including waiver of underinsurance.

I also checked HUK24 individually once. Same result.

Where are you looking?