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Property tax reform 2025

Take care of your documents in good time!

Garcia Immobilien

We are here for you

Our processes have been tried and tested over many years and are organized across networks.

What you should know now

Garcia & Co. Immobilien

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The property tax reform will come into effect on January 1, 2025. This does not mean that property owners can take their time. Action is already required, as the tax authorities require all necessary data for the revaluation of your property by the end of the third quarter: The submission deadline begins on July 1, 2022, and ends on October 31, 2022.

We will answer your general questions about the property tax reform and tell you where to find the relevant data for the assessment declarations. If necessary, we will be happy to refer you to an expert partner from our network of tax advisors and auditors. There you will receive legally sound and well-founded advice. Don't waste valuable time.

Reasons for the reform

The Federal Constitutional Court has declared the previous method of determining the value of real estate to be unconstitutional. This is because the standard values were set decades ago and the current values differ significantly from them. The property tax assessment amount depends on the property and its development or use (e.g., single-family home, rental property, or commercial property). This calculation has varied depending on the federal state (east or west), whether the property is new or old, and the size of the municipality. The assessment rate is set by the municipalities. As a result, the assessment rates vary even though the standard values are the same. Since January 1, 2022, all properties subject to taxation must be revalued.

Significance of property tax

Property tax is levied on real estate, as well as on hereditary building rights to domestic real estate and any buildings on it. Companies and institutions with extensive real estate holdings are also significantly affected by the property tax reform.

(For rented residential properties, it is part of the ancillary costs and can be passed on to tenants.)

For cities and municipalities, property tax is an important source of revenue used to finance the expansion and maintenance of public infrastructure such as schools, kindergartens, and road construction.

Anyone who owns a property or condominium on January 1, 2022, must submit a declaration. In cases of hereditary building rights, the holder of the hereditary building right must submit the declaration.

This must be submitted in digital form to the relevant tax office between July 1 and October 31, 2022. To do so, you will need a user account with ELSTER, the online portal of the tax authorities: www.elster.de

File number
Location of the property: Street, house number, postal code, and city
Cadastral district(s) and parcel(s)
Property area
Standard land value
Type of property (e.g., undeveloped property or single-family home)
Year of construction (only after 1949)
Number of apartments and living space
Number of garage/underground parking spaces (if available)

You will find the file number on your tax assessment notice. The land register extract contains all important information about your property. You can obtain this from the local court in your municipality.

If you miss the deadline of October 31, 2022, you may face fines and an assessment by the tax office.

Undeveloped land
Residential property
Single-family house
Two-family house
Rental residential property
Condominium (e.g., owner-occupied condominium)

The information letters are sent to the owner listed first in the tax office's records. This person then informs any other co-owners about the letter.

It describes the average location value of the land for a majority of comparable properties within a defined area. It is determined by the local expert committees

The declaration for determining the property tax value is made on the main assessment date. This is January 1, 2022.

Payments are due starting January 1, 2025. Once the process is done, you'll get a property tax bill.

Calculate the value of your property now

Enter the details of your property in the form.

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Three steps to real estate valuation

Enter the data
Enter the details of your property. The more information you provide, the more accurate the result will be.

Property analysis
We determine the value of your property based on current market values. If we have any questions, we will contact you by phone.

Property valuation
You will receive your real estate valuation by email. Upon request, you can also receive an offer for the sale of your property.

That depends on the individual case. Certain properties (e.g. vacation homes) are in higher demand at certain times and are therefore easier to sell.

Is there an optimal time to sell real estate?

What is better: wait until the coronavirus pandemic is over or sell immediately?

The demand for real estate and real estate prices have not fallen during the coronavirus pandemic. To protect the health of everyone involved, special procedures are required when selling property during the coronavirus pandemic.

Your non-binding introductory meeting

We would be happy to advise you in a personal consultation. Please enter your contact details in the form and we will get back to you free of charge and with no obligation.