Except of the price of the property, there are several other expenses you have to take into account when buying property. They are:

1. Property Purchase Tax. Based on the estimated (by the tax office) value of the property - this is also the price that will be stated in the contracts and normally is completely different from the actual price you pay for the property. For the first 15,000€, the tax is 7% for properties outside of the city plan (except in some restricted areas, e.g. inside city plan or close to a fire department, where the tax goes up to 9%). For the value over 5 million, the tax is 9% (11% in restricted areas).
2. Municipality Tax. On the total amount of purchase tax you have to pay, there is an additional 3% of taxes for the municipality the property in question is located.
3. Expenses for the Notary Public. The expenses for the notary public are from 1,5% to 2% of the value stated in the contract. There are some small extra payments for every set of contracts you get, and those being send out to register the property on your name. These expenses are about 0,5% of the value stated in the contract.
4. Expenses for Legal Representation. It is mandatory that a solicitor represents you in the transaction of buying property. The fee is about 1.5% of the real value or according to agreement.
5. Commission for the Real Estate Agent. According to agreement.