no mortgage

Transfer Costs for Conveyancing (without mortgage)





100,000 € (no mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

100.000.- € 100.000.- € 100.000.- € 100.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 6,000 € n.r. 1,400 € 1,000 € 3,500 € 11,900 € 8,400 € 7,400 € 20.0% 11.90% 3.50% 1.00% 7.40% 29.41% 8.40% 62.18% 81.08% 18.92% 6.00% 1.40%

Belgium 3,000 € n.r. 1,594 € 330 € 11,500 € 16,424 € 4,924 € 4,594 € 21.0% 16.42% 11.50% 0.33% 4.59% 70.02% 2.01% 27.97% 65.30% 34.70% 3.00% 1.59%

Czech Rep. (solicitor) 5,000 € 350 € 500 € 17 € 0€ 5,867 € 5,867 € 5,850 € 19.0% 5.87% 0.00% 0.02% 5.85% 0.00% 0.29% 99.71% 85.47% 5.98% 8.55% 5.00% 0.35% 0.50%

Denmark 4,147 € 1,020 € 1,013 € 787 € 0€ 6,967 € 6,967 € 6,180 € 25.0% 6.97% 0.00% 0.79% 6.18% 0.00% 11.30% 88.70% 67.10% 16.50% 16.39% 4.15% 1.02% 1.01%

England 1,651 € 450 € 990 € 90 € 0€ 3,181 € 3,181 € 3,091 € 17.5% 3.18% 0.00% 0.09% 3.09% 0.00% 2.83% 97.17% 53.41% 14.56% 32.03% 1.65% 0.45% 0.99%

Finland 3,125 € 600 € 77 € 65 € 4,000 € 7,867 € 3,867 € 3,802 € 28.0% 7.87% 4.00% 0.07% 3.80% 50.85% 0.83% 48.33% 82.19% 15.78% 2.03% 3.13% 0.60% 0.08%

France 8,000 € 500 € 1,153 € 100 € 5,060 € 14,813 € 9,753 € 9,653 € 19.6% 14.81% 5.06% 0.10% 9.65% 34.16% 0.68% 65.17% 82.88% 5.18% 11.94% 8.00% 0.50% 1.15%

Germany 4,000 € n.r. 578 € 310 € 3,500 € 8,388 € 4,888 € 4,578 € 16.0% 8.39% 3.50% 0.31% 4.58% 41.73% 3.70% 54.58% 87.37% 12.63% 4.00% 0.58%

Greece 4,000 € 500 € 2,840 € 490 € 11,020 € 18,850 € 7,830 € 7,340 € 19.0% 18.85% 11.02% 0.49% 7.34% 58.46% 2.60% 38.94% 54.50% 6.81% 38.69% 4.00% 0.50% 2.84%

Hungary (solicitor) 4,000 € n.r. 1,000 € 18 € 5,420 € 10,438 € 5,018 € 5,000 € 20.0% 10.44% 5.42% 0.02% 5.00% 51.93% 0.17% 47.90% 80.00% 20.00% 4.00% 1.00%

Ireland 2,000 € 500 € 1,000 € 375 € 0€ 3,875 € 3,875 € 3,500 € 21.0% 3.88% 0.00% 0.38% 3.50% 0.00% 9.68% 90.32% 57.14% 14.29% 28.57% 2.00% 0.50% 1.00%

Italy 6,000 € n.r. 1,500 € 115 € 1,898 € 9,513 € 7,615 € 7,500 € 20.0% 9.51% 1.90% 0.12% 7.50% 19.95% 1.21% 78.84% 80.00% 20.00% 6.00% 1.50%

Netherlands 1,850 € n.r. 661 € 113 € 6,000 € 8,624 € 2,624 € 2,511 € 19.0% 8.62% 6.00% 0.11% 2.51% 69.57% 1.31% 29.12% 73.68% 26.32% 1.85% 0.66%

Poland 2,000 € n.r. 677 € 50 € 10,000 € 12,727 € 2,727 € 2,677 € 22.0% 12.73% 10.00% 0.05% 2.68% 78.57% 0.39% 21.03% 74.71% 25.29% 2.00% 0.68%

Portugal 3,750 € 275 € 450 € 125 € 800 € 5,400 € 4,600 € 4,475 € 21.0% 5.40% 0.80% 0.13% 4.47% 14.82% 2.32% 82.87% 83.81% 6.15% 10.05% 3.75% 0.28% 0.45%

Scotland 1,000 € 378 € 1,335 € 228 € 0€ 2,941 € 2,941 € 2,713 € 17.5% 2.94% 0.00% 0.23% 2.71% 0.00% 7.75% 92.25% 36.86% 13.93% 49.21% 1.00% 0.38% 1.34%

Slovakia 2,150 € 130 € 420 € 60 € 0€ 2,760 € 2,760 € 2,700 € 19.0% 2.76% 0.00% 0.06% 2.70% 0.00% 2.17% 97.83% 79.63% 4.81% 15.56% 2.15% 0.13% 0.42%

Slovenia 4,000 € n.r. 653 € 88 € 2,000 € 6,741 € 4,741 € 4,653 € 19.0% 6.74% 2.00% 0.09% 4.65% 29.67% 1.31% 69.02% 85.98% 14.02% 4.00% 0.65%

Spain 6,000 € n.r. 479 € 129 € 7,000 € 13,608 € 6,608 € 6,479 € 16.0% 13.61% 7.00% 0.13% 6.48% 51.44% 0.95% 47.61% 92.61% 7.39% 6.00% 0.48%

Sweden 3,600 € 400 € 0€ 90 € 1,500 € 5,590 € 4,090 € 4,000 € 25.0% 5.59% 1.50% 0.09% 4.00% 26.83% 1.61% 71.56% 90.00% 10.00% 0.00% 3.60% 0.40% 0.00%

average 3,764 € 464 € 916 € 229 € 3,660 € 8,824 € 5,164 € 4,935 € average 8.82% 3.66% 0.23% 4.93% 31.37% 3.07% 65.56% 74.69% 5.70% 19.61% 3.76% 0.46% 0.92%

total number of countries: 20 number of countries with data for technical services: 11 countries with technical services 10.36%







250,000 € (no mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

250.000.- € 250.000.- € 250.000.- € 250.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 15,000 € n.r. 1,900 € 2,500 € 8,750 € 28,150 € 19,400 € 16,900 € 20.0% 11.26% 3.50% 1.00% 6.76% 31.08% 8.88% 60.04% 88.76% 11.24% 6.00% 0.76%

Belgium 7,500 € n.r. 2,448 € 825 € 28,750 € 39,523 € 10,773 € 9,948 € 21.0% 15.81% 11.50% 0.33% 3.98% 72.74% 2.09% 25.17% 75.39% 24.61% 3.00% 0.98%

Czech Rep. (solicitor) 10,000 € 350 € 500 € 17 € 0€ 10,867 € 10,867 € 10,850 € 19.0% 4.35% 0.00% 0.01% 4.34% 0.00% 0.16% 99.84% 92.17% 4.61% 4.00% 0.14% 0.20%

Denmark 7,747 € 1,020 € 1,013 € 1,687 € 0€ 11,467 € 11,467 € 9,780 € 25.0% 4.59% 0.00% 0.67% 3.91% 0.00% 14.71% 85.29% 79.21% 10.43% 10.36% 3.10% 0.41% 0.41%

England 3,579 € 525 € 1,170 € 225 € 2,520 € 8,019 € 5,499 € 5,274 € 17.5% 3.21% 1.01% 0.09% 2.11% 31.43% 2.81% 65.77% 67.86% 9.95% 22.18% 1.43% 0.21% 0.47%

Finland 7,813 € 600 € 77 € 65 € 10,000 € 18,555 € 8,555 € 8,490 € 28.0% 7.42% 4.00% 0.03% 3.40% 53.90% 0.35% 45.75% 92.03% 7.07% 0.91% 3.13% 0.24% 0.03%

France 17,500 € 500 € 2,391 € 250 € 12,650 € 33,291 € 20,641 € 20,391 € 19.6% 13.32% 5.06% 0.10% 8.16% 38.00% 0.75% 61.25% 85.82% 2.45% 11.73% 7.00% 0.20% 0.96%

Germany 10,000 € n.r. 1,140 € 648 € 8,750 € 20,538 € 11,788 € 11,140 € 16.0% 8.22% 3.50% 0.26% 4.46% 42.60% 3.16% 54.24% 89.77% 10.23% 4.00% 0.46%

Greece 10,000 € 500 € 6,140 € 1,200 € 28,000 € 45,840 € 17,840 € 16,640 € 19.0% 18.34% 11.20% 0.48% 6.66% 61.08% 2.62% 36.30% 60.10% 3.00% 36.90% 4.00% 0.20% 2.46%

Hungary (solicitor) 7,500 € n.r. 2,100 € 18 € 14,420 € 24,038 € 9,618 € 9,600 € 20.0% 9.62% 5.77% 0.01% 3.84% 59.99% 0.07% 39.94% 78.13% 21.88% 3.00% 0.84%

Ireland 2,000 € 500 € 2,000 € 375 € 10,000 € 14,875 € 4,875 € 4,500 € 21.0% 5.95% 4.00% 0.15% 1.80% 67.23% 2.52% 30.25% 44.44% 11.11% 44.44% 0.80% 0.20% 0.80%

Italy 15,000 € n.r. 1,950 € 115 € 4,148 € 21,213 € 17,065 € 16,950 € 20.0% 8.49% 1.66% 0.05% 6.78% 19.55% 0.54% 79.90% 88.50% 11.50% 6.00% 0.78%

Netherlands 4,625 € n.r. 693 € 113 € 15,000 € 20,431 € 5,431 € 5,318 € 19.0% 8.17% 6.00% 0.05% 2.13% 73.42% 0.55% 26.03% 86.97% 13.03% 1.85% 0.28%

Poland 3,750 € n.r. 1,430 € 50 € 25,000 € 30,230 € 5,230 € 5,180 € 22.0% 12.09% 10.00% 0.02% 2.07% 82.70% 0.17% 17.14% 72.39% 27.61% 1.50% 0.57%

Portugal 9,375 € 275 € 521 € 125 € 2,000 € 12,296 € 10,296 € 10,171 € 21.0% 4.92% 0.80% 0.05% 4.07% 16.27% 1.02% 82.72% 92.18% 2.70% 5.12% 3.75% 0.11% 0.21%

Scotland 2,500 € 600 € 1,631 € 554 € 2,506 € 7,791 € 5,285 € 4,731 € 17.5% 3.12% 1.00% 0.22% 1.89% 32.17% 7.11% 60.72% 52.84% 12.68% 34.47% 1.00% 0.24% 0.65%

Slovakia 2,150 € 230 € 420 € 60 € 0€ 2,860 € 2,860 € 2,800 € 19.0% 1.14% 0.00% 0.02% 1.12% 0.00% 2.10% 97.90% 76.79% 8.21% 15.00% 0.86% 0.09% 0.17%

Slovenia 10,000 € n.r. 968 € 88 € 5,000 € 16,056 € 11,056 € 10,968 € 19.0% 6.42% 2.00% 0.04% 4.39% 31.14% 0.55% 68.31% 91.18% 8.82% 4.00% 0.39%

Spain 15,000 € n.r. 663 € 181 € 17,500 € 33,344 € 15,844 € 15,663 € 16.0% 13.34% 7.00% 0.07% 6.27% 52.48% 0.54% 46.97% 95.77% 4.23% 6.00% 0.27%

Sweden 7,800 € 400 € 0€ 90 € 3,750 € 12,040 € 8,290 € 8,200 € 25.0% 4.82% 1.50% 0.04% 3.28% 31.15% 0.75% 68.11% 95.12% 4.88% 0.00% 3.12% 0.16% 0.00%

average 8,442 € 500 € 1,458 € 459 € 9,937 € 20,571 € 10,634 € 10,175 € average 8.23% 3.97% 0.18% 4.07% 39.85% 2.57% 57.58% 80.27% 3.62% 15.94% 3.38% 0.20% 0.58%

total number of countries: 20 number of countries with data for technical services: 11 countries with technical services 6.59%





1 British Pound (GPB) = 1,5 Euro; 1 SKK (Slovac Rep.) = 0,027 Euro

In Belgium, a medium tax rate of 11,5% was formed from the differing rates in Brussels, Flanders and Wallonia.

For Italy the fees mentioned are based on the statutorily fixed tarif for notaries, which has been abolished in the summer of 2006. New data are not yet available.

For Italy, we applied for 100.000.- up to 500.000.- € the first home tax rate of 3% (of the fiscal value of half of the purchase price).

For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

For the Nordic countries, the legal services by the Nordic real estate agents are figured as part of their respective fee, not in the column for the lawyers' fees.

500,000 € (no mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

500.000.- € 500.000.- € 500.000.- € 500.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 30,000 € n.r. 2,900 € 5,000 € 17,500 € 55,400 € 37,900 € 32,900 € 20.0% 11.08% 3.50% 1.00% 6.58% 31.59% 9.03% 59.39% 91.19% 8.81% 6.00% 0.58%

Belgium 15,000 € n.r. 2,592 € 1,650 € 57,500 € 76,742 € 19,242 € 17,592 € 21.0% 15.35% 11.50% 0.33% 3.52% 74.93% 2.15% 22.92% 85.27% 14.73% 3.00% 0.52%

Czech Rep. (solicitor) 15,000 € 500 € 500 € 17 € 0€ 16,017 € 16,017 € 16,000 € 19.0% 3.20% 0.00% 0.00% 3.20% 0.00% 0.11% 99.89% 93.75% 3.13% 3.13% 3.00% 0.10% 0.10%

Denmark 13,747 € 1,020 € 1,013 € 3,187 € 0€ 18,967 € 18,967 € 15,780 € 25.0% 3.79% 0.00% 0.64% 3.16% 0.00% 16.80% 83.20% 87.12% 6.46% 6.42% 2.75% 0.20% 0.20%

England 7,001 € 675 € 1,350 € 330 € 15,075 € 24,431 € 9,356 € 9,026 € 17.5% 4.89% 3.02% 0.07% 1.81% 61.70% 1.35% 36.94% 77.56% 7.48% 14.96% 1.40% 0.14% 0.27%

Finland 15,625 € 600 € 77 € 65 € 20,000 € 36,367 € 16,367 € 16,302 € 28.0% 7.27% 4.00% 0.01% 3.26% 54.99% 0.18% 44.83% 95.85% 3.68% 0.47% 3.13% 0.12% 0.02%

France 30,000 € 500 € 4,453 € 500 € 25,300 € 60,753 € 35,453 € 34,953 € 19.6% 12.15% 5.06% 0.10% 6.99% 41.64% 0.82% 57.53% 85.83% 1.43% 12.74% 6.00% 0.10% 0.89%

Germany 20,000 € n.r. 2,048 € 1,210 € 17,500 € 40,758 € 23,258 € 22,048 € 16.0% 8.15% 3.50% 0.24% 4.41% 42.94% 2.97% 54.09% 90.71% 9.29% 4.00% 0.41%

Greece 20,000 € 500 € 11,640 € 2,390 € 56,300 € 90,830 € 34,530 € 32,140 € 19.0% 18.17% 11.26% 0.48% 6.43% 61.98% 2.63% 35.38% 62.23% 1.56% 36.22% 4.00% 0.10% 2.33%

Hungary (solicitor) 15,000 € n.r. 3,000 € 18 € 29,420 € 47,438 € 18,018 € 18,000 € 20.0% 9.49% 5.88% 0.00% 3.60% 62.02% 0.04% 37.94% 83.33% 16.67% 6.00% 0.60%

Ireland 6,500 € 600 € 4,000 € 625 € 37,500 € 49,225 € 11,725 € 11,100 € 21.0% 9.85% 7.50% 0.13% 2.22% 76.18% 1.27% 22.55% 58.56% 5.41% 36.04% 1.30% 0.12% 0.80%

Italy 30,000 € n.r. 3,100 € 115 € 7,898 € 41,113 € 33,215 € 33,100 € 20.0% 8.22% 1.58% 0.02% 6.62% 19.21% 0.28% 80.51% 90.63% 9.37% 6.00% 0.62%

Netherlands 9,250 € n.r. 1,287 € 113 € 30,000 € 40,650 € 10,650 € 10,537 € 19.0% 8.13% 6.00% 0.02% 2.11% 73.80% 0.28% 25.92% 87.79% 12.21% 1.85% 0.26%

Poland 6,250 € n.r. 2,050 € 50 € 50,000 € 58,350 € 8,350 € 8,300 € 22.0% 11.67% 10.00% 0.01% 1.66% 85.69% 0.09% 14.22% 75.30% 24.70% 1.25% 0.41%

Portugal 18,750 € 275 € 521 € 125 € 4,000 € 23,671 € 19,671 € 19,546 € 21.0% 4.73% 0.80% 0.03% 3.91% 16.90% 0.53% 82.57% 95.93% 1.41% 2.66% 3.75% 0.06%

Scotland 5,000 € 741 € 2,224 € 816 € 15,036 € 23,817 € 8,781 € 7,965 € 17.5% 4.76% 3.01% 0.16% 1.59% 63.13% 3.43% 33.44% 62.77% 9.30% 27.92% 1.00% 0.15% 0.44%

Slovakia 2,150 € 300 € 420 € 60 € 0€ 2,930 € 2,930 € 2,870 € 19.0% 0.59% 0.00% 0.01% 0.57% 0.00% 2.05% 97.95% 74.91% 10.45% 14.63% 0.43% 0.06% 0.08%

Slovenia 20,000 € n.r. 968 € 88 € 10,000 € 31,056 € 21,056 € 20,968 € 19.0% 6.21% 2.00% 0.02% 4.19% 32.20% 0.28% 67.52% 95.39% 4.61% 4.00% 0.19%

Spain 30,000 € n.r. 763 € 233 € 35,000 € 65,996 € 30,996 € 30,763 € 16.0% 13.20% 7.00% 6.15% 53.03% 46.61% 97.52% 2.48% 6.00% 0.15%

Sweden 12,800 € 400 € 0€ 90 € 7,500 € 20,790 € 13,290 € 13,200 € 25.0% 4.16% 1.50% 0.02% 2.64% 36.08% 0.43% 63.49% 96.97% 3.03% 0.00% 2.56% 0.08% 0.00%

average 16,104 € 556 € 2,245 € 834 € 21,776 € 41,265 € 19,489 € 18,654 € average 8.25% 4.36% 0.16% 3.73% 44.40% 2.24% 53.35% 84.43% 2.67% 12.90% 3.37% 0.11% 0.44%

total number of countries: 20 number of countries with data for technical services: 11 countries with technical 4.85%









average transaction price (no mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

average transaction price average transaction price average transaction price average transaction price

Country average price Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 150,000 € 9,000 € n.r. 1,567 € 1,500 € 5,250 € 17,317 € 12,067 € 10,567 € 20.0% 11.54% 3.50% 1.00% 7.04% 30.32% 8.66% 61.02% 85.17% 14.83% 6.00% 1.04%

Belgium 167,000 € 5,010 € n.r. 1,975 € 551 € 21,042 € 28,579 € 7,537 € 6,985 € 21.0% 17.11% 12.60% 0.33% 4.18% 73.63% 1.93% 24.44% 71.72% 28.28% 3.00% 1.18%

Czech Rep. (solic) 100,000 € 5,000 € 350 € 500 € 17 € 0€ 5,867 € 5,867 € 5,850 € 19.0% 5.87% 0.00% 0.02% 5.85% 0.00% 0.29% 99.71% 85.47% 5.98% 8.55% 5.00% 0.35% 0.50%

Denmark 221,743 € 7,069 € 1,020 € 1,013 € 1,517 € 0€ 10,619 € 10,619 € 9,102 € 25.0% 4.79% 0.00% 0.68% 4.10% 0.00% 14.29% 85.71% 77.66% 11.21% 11.13% 3.19% 0.46% 0.46%

England 297,750 € 4,233 € 554 € 1,204 € 245 € 4,918 € 11,154 € 6,236 € 5,991 € 17.5% 3.75% 1.65% 0.08% 2.01% 44.09% 2.20% 53.71% 70.65% 9.24% 20.10% 1.42% 0.19% 0.40%

Finland 123,756 € 3,867 € 600 € 77 € 65 € 4,950 € 9,560 € 4,609 € 4,544 € 7.72% 4.00% 0.05% 3.67% 51.78% 0.68% 47.54% 85.10% 13.20% 1.69% 3.13% 0.48% 0.06%

France 226,630 € 16,020 € 500 € 2,198 € 227 € 11,467 € 30,412 € 18,945 € 18,718 € 19.6% 13.42% 5.06% 0.10% 8.26% 37.71% 0.75% 61.55% 85.59% 2.67% 11.74% 7.07% 0.22% 0.97%

Germany 130,863 € 5,235 € n.r. 694 € 380 € 4,580 € 10,888 € 6,308 € 5,928 € 16.0% 8.32% 3.50% 0.29% 4.53% 42.07% 3.49% 54.45% 88.30% 11.70% 4.00% 0.53%

Greece 130,000 € 5,200 € 500 € 3,500 € 618 € 14,729 € 24,547 € 9,818 € 9,200 € 19.0% 18.88% 11.33% 0.48% 7.08% 60.00% 2.52% 37.48% 56.52% 5.43% 38.04% 4.00% 0.38% 2.69%

Hungary (solicitor) 100,000 € 6,500 € n.r. 1,000 € 18 € 5,420 € 12,938 € 7,518 € 7,500 € 20.0% 12.94% 5.42% 0.02% 7.50% 41.89% 0.14% 57.97% 86.67% 13.33% 6.50% 1.00%

Ireland 303,310 € 2,960 € 521 € 2,426 € 428 € 15,864 € 22,200 € 6,336 € 5,907 € 21.0% 7.32% 5.23% 0.14% 1.95% 71.46% 1.93% 26.61% 50.10% 8.82% 41.08% 0.98% 0.17% 0.80%

Italy 129,532 € 7,772 € n.r. 1,589 € 115 € 2,341 € 11,816 € 9,475 € 9,361 € 20.0% 9.12% 1.81% 0.09% 7.23% 19.81% 0.97% 79.22% 83.03% 16.97% 6.00% 1.23%

Netherlands 202,000 € 3,737 € n.r. 683 € 113 € 12,120 € 16,653 € 4,533 € 4,420 € 19.0% 8.24% 6.00% 0.06% 2.19% 72.78% 0.68% 26.54% 84.55% 15.45% 1.85% 0.34%

Poland 100,000 € 2,000 € n.r. 677 € 50 € 12,000 € 14,727 € 2,727 € 2,677 € 22.0% 14.73% 12.00% 0.05% 2.68% 81.48% 0.34% 18.18% 74.71% 25.29% 2.00% 0.68%

Portugal 100,000 € 3,750 € 275 € 450 € 125 € 800 € 5,400 € 4,600 € 4,475 € 21.0% 5.40% 0.80% 0.13% 4.47% 14.82% 2.32% 82.87% 83.81% 6.15% 10.05% 3.75% 0.28% 0.45%

Scotland 193,860 € 1,939 € 517 € 1,520 € 432 € 1,939 € 6,346 € 4,408 € 3,976 € 17.5% 3.27% 1.00% 0.22% 2.05% 30.55% 6.81% 62.65% 48.76% 13.00% 38.24% 1.00% 0.27% 0.78%

Slovakia 100,000 € 2,150 € 1,020 € 420 € 60 € 0€ 3,650 € 3,650 € 3,590 € 19.0% 3.65% 0.00% 0.06% 3.59% 0.00% 1.64% 98.36% 59.89% 28.41% 11.70% 2.15% 1.02% 0.42%

Slovenia 100,000 € 4,000 € n.r. 653 € 88 € 2,000 € 6,741 € 4,741 € 4,653 € 19.0% 6.74% 2.00% 0.09% 4.65% 29.67% 1.31% 69.02% 85.98% 14.02% 4.00% 0.65%

Spain 172,630 € 10,358 € n.r. 568 € 154 € 12,084 € 23,164 € 11,080 € 10,926 € 16.0% 13.42% 7.00% 0.09% 6.33% 52.17% 0.67% 47.17% 94.80% 5.20% 6.00% 0.33%

Sweden 147,500 € 4,930 € 400 € 0€ 90 € 2,213 € 7,633 € 5,420 € 5,330 € 25.0% 5.17% 1.50% 0.06% 3.61% 28.99% 1.18% 69.83% 92.50% 7.50% 0.00% 3.34% 0.27% 0.00%

average 159,829 € 5,536 € 313 € 1,136 € 340 € 6,686 € 14,010 € 7,325 € 6,985 € average 9.07% 4.22% 0.20% 4.65% 39.16% 2.64% 58.20% 77.55% 5.58% 16.87% 3.72% 0.37% 0.73%

total number of countries: 20 number of countries with data for technical services: 11 countries with technical services 10.15%

Nordic countries: agent/lawyer in italics

Remarks: Estimated average prices are in italics.

For the national average price of residential buildings, the figures for apartments and houses have been given equal weight.

Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Professional Fees for Legal Services for Conveyancing (without mortgage)





Legal services average price estimated Price GNP net fee for average price percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net 100,000 € 250,000 € 500,000 € average

Country apartment 2005 manufacture level person earnings price

Netherlands D 661 € 693 € 1,287 € 202,000 € 683 € 105.2% 106.4% 29,554 € 649 € 642 € 527 € 0.66% 0.28% 0.26% 0.34%

Czech Republic L 500 € 500 € 500 € 100,000 € 500 € 57.8% 73.8% 7,337 € 865 € 678 € 1,556 € 0.50% 0.20% 0.10% 0.50%

England L 990 € 1,170 € 1,350 € 297,750 € 1,204 € 104.9% 108.8% 33,688 € 1,148 € 1,107 € 816 € 0.99% 0.47% 0.27% 0.40%

Scotland L 1,335 € 1,631 € 2,224 € 193,860 € 1,520 € 104.9% 108.8% 33,688 € 1,449 € 1,397 € 1,030 € 1.34% 0.65% 0.44% 0.78%

Ireland L 1,000 € 2,000 € 4,000 € 303,310 € 2,426 € 123.4% 120.4% 32,233 € 1,966 € 2,015 € 1,718 € 1.00% 0.80% 0.80% 0.80%

Slovakia L 420 € 420 € 420 € 100,000 € 420 € 57.6% 55.0% 5,445 € 729 € 764 € 1,761 € 0.42% 0.17% 0.08% 0.42%

hybrid

Hungary (solicitor) 1,000 € 2,100 € 3,000 € 100,000 € 1,000 € 63.6% 61.1% 5,848 € 1,572 € 1,637 € 3,903 € 1.00% 0.84% 0.60% 1.00%

Poland N 677 € 1,430 € 2,050 € 100,000 € 677 € 59.6% 54.6% 5,200 € 1,136 € 1,240 € 2,972 € 0.68% 0.57% 0.41% 0.68%

Germany N 578 € 1,140 € 2,048 € 130,863 € 694 € 104.1% 106.0% 31,916 € 666 € 654 € 496 € 0.58% 0.46% 0.41% 0.53%

Slovenia N 653 € 968 € 968 € 100,000 € 653 € 76.4% 73.1% 8,901 € 854 € 893 € 1,673 € 0.65% 0.39% 0.19% 0.65%

Spain N 479 € 663 € 763 € 172,630 € 568 € 90.0% 90.2% 18,004 € 631 € 630 € 720 € 0.48% 0.27% 0.15% 0.33%

Austria N 1,400 € 1,900 € 2,900 € 150,000 € 1,567 € 102.9% 103.7% 28,009 € 1,523 € 1,511 € 1,277 € 1.40% 0.76% 0.58% 1.04%

France N 1,153 € 2,391 € 4,453 € 226,630 € 2,198 € 108.5% 106.9% 25,050 € 2,026 € 2,056 € 2,003 € 1.15% 0.96% 0.89% 0.97%

Belgium N 1,594 € 2,448 € 2,592 € 167,000 € 1,975 € 104.3% 103.3% 28,324 € 1,894 € 1,912 € 1,592 € 1.59% 0.98% 0.52% 1.18%

Portugal N 450 € 521 € 450 € 100,000 € 500 € 85.2% 71.3% 12,086 € 587 € 701 € 944 € 0.45% 0.21% 0.09% 0.50%

Italy N 1,500 € 1,950 € 3,100 € 129,532 € 1,589 € 102.6% 100.6% 19,636 € 1,548 € 1,579 € 1,847 € 1.50% 0.78% 0.62% 1.23%

Greece hybrid 2,840 € 6,140 € 11,640 € 130,000 € 3,500 € 87.8% 84.9% 17,140 € 3,986 € 4,122 € 4,661 € 2.84% 2.46% 2.33% 2.69%

Sweden S 500 € 500 € 500 € 147,500 € 500 € 120.6% 118.7% 25,479 € 415 € 421 € 448 € 0.50% 0.20% 0.10% 0.34%

Finland S 577 € 577 € 577 € 123,756 € 577 € 122.0% 112.8% 25,006 € 473 € 512 € 527 € 0.58% 0.23% 0.12% 0.47%

Denmark S 1,513 € 1,513 € 1,513 € 221,743 € 1,513 € 135.8% 132.1% 31,202 € 1,114 € 1,145 € 1,107 € 1.51% 0.61% 0.30% 0.68%

average 991 € 1,533 € 2,317 € 159,829 € 1,213 € 21,187 € 1,262 € 1,281 € 1,579 € 0.99% 0.61% 0.46% 0.78%

total number of countries 20





Comparison of systems

Legal services average price estimated Price GNP net average price net percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per earnings 100,000 € 250,000 € 500,000 € average

apartment 2005 manufacture level person manufacture price

S Nordic countries 863 € 863 € 863 € 164,333 € 863 € 126.13% 121.20% 27,229 € 667 € 693 € 694 € 0.86% 0.35% 0.17% 0.50%

L Lawyer countries 849 € 1,144 € 1,699 € 198,984 € 1,214 € 89.72% 93.36% 22,478 € 1,232 € 1,192 € 1,376 € 0.85% 0.46% 0.34% 0.58%

D Netherlands 661 € 693 € 1,287 € 202,000 € 683 € 105.20% 106.40% 29,554 € 649 € 642 € 527 € 0.66% 0.28% 0.26% 0.34%

N civil law notaries 943 € 1,490 € 2,147 € 141,850 € 1,158 € 92.62% 89.97% 19,681 € 1,207 € 1,242 € 1,503 € 0.94% 0.60% 0.43% 0.79%

country average 991 € 1,533 € 2,317 € 159,829 € 1,213 € 1,262 € 1,281 € 1,579 € 0.99% 0.61% 0.46% 0.78%









Remarks: Estimated average prices are in italics.

Price levell 2005 from Eurostat, internet database (compared to EU 25)

Net earning: One-earner married couple, at 100% of AW, with two children - Manufacturing

Nordic: In Denmark, Finland and Sweden, the real estate agents draft the contract.

Thus, part of the real estate agent's fee has to be considered as legal fees.

Czech Republic: Legal fees are quoted only for advocats, who are involved in about 70% of all land sales.

Denmark: On top of the buyer's lawyer's fee (flat fee of 1,013 €), we estimated the share of the legal services of the real estate agent as a flat fee of 500 € (same as in Finland and Sweden).



England: 1 British Pound (GPB) = 1,5 Euro

raw data used from: Woolwich and University of Greenwich School of Architecture and Construction (2006), Cost of Moving Home Survey 2006,

available at: www.newsroom.barclays.co.uk/imagelibrary/detail.asp?MediaDetailsID=4633

England solicitors' fees and land register does not include search fee (flat fee of 207 GPB = 311 Euro).

Finland: For Finland we estimate the legal fees as follows:

the real would charge for

500.- Euro as part of(Lawyersestate agent's fee the contract drafting between 150-700 Euro).



+ 77.- quoted only (certification who handle

Hungary: Legal fees are Euro notaryfor advocats, of signature)more than 95% of all land sales.

Netherlands:

For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

Spain: The notariel fees quoted include only the authentication of the transfer deed ("levering") and the mortgage, not the drafting of the sales contract, because in 70% of all sales, the real estate agent just fills out a form contract.

The lawyer's fees comprise the civil law notary (269, 347 or 443 €) and the gestor administrativo (210, 316 or 330 €

Sweden: respectively for the 100,000, 250,000 and 500,000 transaction value).

For Sweden the legal fees comprise 500.- Euro (estimated part of the real estate agent's fee).

Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Transfer Costs for Conveyancing including Mortgage





100,000 € (including 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

100.000.- € 100.000.- € 100.000.- € 100.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 6,000 € n.r. 1,400 € 2,200 € 3,500 € 13,100 € 9,600 € 7,400 € 20.0% 13.10% 3.50% 2.20% 7.40% 26.72% 16.79% 56.49% 81.08% 18.92% 6.00% 1.40%

Belgium 3,000 € n.r. 2,155 € 580 € 12,600 € 18,335 € 5,735 € 5,155 € 21.0% 18.34% 12.60% 0.58% 5.16% 68.72% 3.16% 28.12% 58.20% 41.80% 3.00% 2.16%

Czech Rep. (solicitor) 5,000 € 350 € 1,000 € 17 € 0€ 6,367 € 6,367 € 6,350 € 19.0% 6.37% 0.00% 0.02% 6.35% 0.00% 0.27% 99.73% 78.74% 5.51% 15.75% 5.00% 0.35% 1.00%

Denmark 4,147 € 1,020 € 1,013 € 2,474 € 0€ 8,654 € 8,654 € 6,180 € 25.0% 8.65% 0.00% 2.47% 6.18% 0.00% 28.59% 71.41% 67.10% 16.50% 16.39% 4.15% 1.02% 1.01%

England 1,651 € 690 € 1,090 € 90 € 0€ 3,521 € 3,521 € 3,431 € 17.5% 3.52% 0.00% 0.09% 3.43% 0.00% 2.56% 97.44% 48.12% 20.11% 31.77% 1.65% 0.69% 1.09%

Finland 3,125 € 600 € 430 € 109 € 4,000 € 8,264 € 4,264 € 4,155 € 28.0% 8.26% 4.00% 0.11% 4.16% 48.40% 1.32% 50.28% 75.21% 14.44% 10.35% 3.13% 0.60% 0.43%

France 8,000 € 500 € 1,538 € 150 € 5,060 € 15,248 € 10,188 € 10,038 € 19.6% 15.25% 5.06% 0.15% 10.04% 33.18% 0.98% 65.83% 79.69% 4.98% 15.32% 8.00% 0.50% 1.54%

Germany 4,000 € n.r. 806 € 517 € 3,500 € 8,823 € 5,323 € 4,806 € 16.0% 8.82% 3.50% 0.52% 4.81% 39.67% 5.86% 54.47% 83.23% 16.77% 4.00% 0.81%

Greece 4,000 € 500 € 3,340 € 1,280 € 11,020 € 20,140 € 9,120 € 7,840 € 19.0% 20.14% 11.02% 1.28% 7.84% 54.72% 6.36% 38.93% 51.02% 6.38% 42.60% 4.00% 0.50% 3.34%

Hungary (solicitor) 4,000 € n.r. 2,040 € 62 € 5,420 € 11,522 € 6,102 € 6,040 € 20.0% 11.52% 5.42% 0.06% 6.04% 47.04% 0.54% 52.42% 66.23% 33.77% 4.00% 2.04%

Ireland 2,000 € 500 € 1,000 € 375 € 0€ 3,875 € 3,875 € 3,500 € 21.0% 3.88% 0.00% 0.38% 3.50% 0.00% 9.68% 90.32% 57.14% 14.29% 28.57% 2.00% 0.50% 1.00%

Italy 6,000 € n.r. 2,670 € 150 € 2,066 € 10,886 € 8,820 € 8,670 € 20.0% 10.89% 2.07% 0.15% 8.67% 18.98% 1.38% 79.65% 69.20% 30.80% 6.00% 2.67%

Netherlands 1,850 € n.r. 1,225 € 186 € 6,000 € 9,261 € 3,261 € 3,075 € 19.0% 9.26% 6.00% 0.19% 3.08% 64.79% 2.01% 33.20% 60.16% 39.84% 1.85% 1.23%

Poland 2,000 € 250 € 677 € 50 € 12,025 € 15,002 € 2,977 € 2,927 € 22.0% 15.00% 12.03% 0.05% 2.93% 80.16% 0.33% 19.51% 68.33% 8.54% 23.13% 2.00% 0.25% 0.68%

Portugal 3,750 € 275 € 537 € 260 € 1,400 € 6,222 € 4,822 € 4,562 € 21.0% 6.22% 1.40% 0.26% 4.56% 22.50% 4.18% 73.32% 82.21% 6.03% 11.76% 3.75% 0.28% 0.54%

Scotland 1,000 € 378 € 1,482 € 261 € 0€ 3,121 € 3,121 € 2,860 € 17.5% 3.12% 0.00% 0.26% 2.86% 0.00% 8.36% 91.64% 34.97% 13.22% 51.82% 1.00% 0.38% 1.48%

Slovakia 2,150 € 130 € 420 € 60 € 0€ 2,760 € 2,760 € 2,700 € 19.0% 2.76% 0.00% 0.06% 2.70% 0.00% 2.17% 97.83% 79.63% 4.81% 15.56% 2.15% 0.13% 0.42%

Slovenia 4,000 € n.r. 878 € 138 € 2,000 € 7,016 € 5,016 € 4,878 € 19.0% 7.02% 2.00% 0.14% 4.88% 28.51% 1.97% 69.52% 82.01% 17.99% 4.00% 0.88%

Spain 6,000 € 130 € 1,068 € 290 € 8,700 € 16,188 € 7,488 € 7,198 € 16.0% 16.19% 8.70% 0.29% 7.20% 53.74% 1.79% 44.47% 83.36% 1.81% 14.84% 6.00% 0.13% 1.07%

Sweden 3,600 € 400 € 0€ 130 € 3,500 € 7,630 € 4,130 € 4,000 € 25.0% 7.63% 3.50% 0.13% 4.00% 45.87% 1.70% 52.42% 90.00% 10.00% 0.00% 3.60% 0.40% 0.00%

average 3,764 € 286 € 1,238 € 469 € 4,040 € 9,797 € 5,757 € 5,288 € average 9.80% 4.04% 0.47% 5.29% 31.65% 5.00% 63.35% 69.78% 6.33% 23.89% 3.76% 0.44% 1.24%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 9.74%







250,000 € (including 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

250.000.- € 250.000.- € 250.000.- € 250.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. Fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 15,000 € n.r. 1,900 € 5,500 € 8,750 € 31,150 € 22,400 € 16,900 € 20.0% 12.46% 3.50% 2.20% 6.76% 28.09% 17.66% 54.25% 88.76% 11.24% 6.00% 0.76%

Belgium 7,500 € n.r. 3,352 € 1,275 € 31,500 € 43,627 € 12,127 € 10,852 € 21.0% 17.45% 12.60% 0.51% 4.34% 72.20% 2.92% 24.87% 69.11% 30.89% 3.00% 1.34%

Czech Rep. (solicitor) 10,000 € 350 € 1,000 € 17 € 0€ 11,367 € 11,367 € 11,350 € 19.0% 4.55% 0.00% 0.01% 4.54% 0.00% 0.15% 99.85% 88.11% 3.08% 8.81% 4.00% 0.14% 0.40%

Denmark 7,747 € 1,020 € 1,013 € 5,624 € 0€ 15,404 € 15,404 € 9,780 € 25.0% 6.16% 0.00% 2.25% 3.91% 0.00% 36.51% 63.49% 79.21% 10.43% 10.36% 3.10% 0.41% 0.41%

England 3,579 € 750 € 1,420 € 225 € 2,520 € 8,494 € 5,974 € 5,749 € 17.5% 3.40% 1.01% 0.09% 2.30% 29.67% 2.65% 67.68% 62.25% 13.05% 24.70% 1.43% 0.30% 0.57%

Finland 7,813 € 600 € 430 € 109 € 10,000 € 18,952 € 8,952 € 8,843 € 28.0% 7.58% 4.00% 0.04% 3.54% 52.77% 0.58% 46.66% 88.35% 6.79% 4.87% 3.13% 0.24% 0.17%

France 17,500 € 500 € 3,188 € 375 € 12,650 € 34,213 € 21,563 € 21,188 € 19.6% 13.69% 5.06% 0.15% 8.48% 36.97% 1.10% 61.93% 82.59% 2.36% 15.05% 7.00% 0.20% 1.28%

Germany 10,000 € n.r. 1,595 € 1,080 € 8,750 € 21,425 € 12,675 € 11,595 € 16.0% 8.57% 3.50% 0.43% 4.64% 40.84% 5.04% 54.12% 86.24% 13.76% 4.00% 0.64%

Greece 10,000 € 500 € 6,640 € 3,150 € 28,000 € 48,290 € 20,290 € 17,140 € 19.0% 19.32% 11.20% 1.26% 6.86% 57.98% 6.52% 35.49% 58.34% 2.92% 38.74% 4.00% 0.20% 2.66%

Hungary (solicitor) 7,500 € n.r. 3,770 € 62 € 14,420 € 25,752 € 11,332 € 11,270 € 20.0% 10.30% 5.77% 0.02% 4.51% 56.00% 0.24% 43.76% 66.55% 33.45% 3.00% 1.51%

Ireland 2,000 € 700 € 2,000 € 375 € 10,000 € 15,075 € 5,075 € 4,700 € 21.0% 6.03% 4.00% 0.15% 1.88% 66.33% 2.49% 31.18% 42.55% 14.89% 42.55% 0.80% 0.28% 0.80%

Italy 15,000 € n.r. 3,800 € 150 € 4,316 € 23,266 € 18,950 € 18,800 € 20.0% 9.31% 1.73% 0.06% 7.52% 18.55% 0.64% 80.81% 79.79% 20.21% 6.00% 1.52%

Netherlands 4,625 € n.r. 1,350 € 186 € 15,000 € 21,161 € 6,161 € 5,975 € 19.0% 8.46% 6.00% 0.07% 2.39% 70.89% 0.88% 28.24% 77.41% 22.59% 1.85% 0.54%

Poland 3,750 € 250 € 1,430 € 50 € 30,062 € 35,542 € 5,480 € 5,430 € 22.0% 14.22% 12.02% 0.02% 2.17% 84.58% 0.14% 15.28% 69.06% 4.60% 26.34% 1.50% 0.10% 0.57%

Portugal 9,375 € 275 € 657 € 260 € 3,500 € 14,067 € 10,567 € 10,307 € 21.0% 5.63% 1.40% 0.10% 4.12% 24.88% 1.85% 73.27% 90.96% 2.67% 6.37% 3.75% 0.11% 0.26%

Scotland 2,500 € 600 € 1,780 € 587 € 2,506 € 7,973 € 5,467 € 4,880 € 17.5% 3.19% 1.00% 0.23% 1.95% 31.43% 7.36% 61.21% 51.23% 12.30% 36.48% 1.00% 0.24% 0.71%

Slovakia 2,150 € 230 € 420 € 60 € 0€ 2,860 € 2,860 € 2,800 € 19.0% 1.14% 0.00% 0.02% 1.12% 0.00% 2.10% 97.90% 76.79% 8.21% 15.00% 0.86% 0.09% 0.17%

Slovenia 10,000 € n.r. 1,305 € 138 € 5,000 € 16,443 € 11,443 € 11,305 € 19.0% 6.58% 2.00% 0.06% 4.52% 30.41% 0.84% 68.75% 88.46% 11.54% 4.00% 0.52%

Spain 15,000 € 202 € 1,422 € 353 € 21,750 € 38,727 € 16,977 € 16,624 € 16.0% 15.49% 8.70% 0.14% 6.65% 56.16% 0.91% 42.93% 90.23% 1.22% 8.55% 6.00% 0.08% 0.57%

Sweden 7,800 € 400 € 0€ 130 € 8,750 € 17,080 € 8,330 € 8,200 € 25.0% 6.83% 3.50% 0.05% 3.28% 51.23% 0.76% 48.01% 95.12% 4.88% 0.00% 3.12% 0.16% 0.00%

average 8,442 € 319 € 1,924 € 985 € 10,874 € 22,543 € 11,670 € 10,684 € average 9.02% 4.35% 0.39% 4.27% 40.45% 4.57% 54.98% 76.56% 4.37% 19.08% 3.38% 0.20% 0.77%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 6.72%





1 British Pound (GPB) = 1,5 Euro; 1 SKK (Slovac Rep.) = 0,027 Euro

In Belgium, a medium tax rate of 11,5% was formed from the differing rates in Brussels, Flanders and Wallonia.

For Finland, "lawyers" includes the 77€ notary fee for certification of the signature + 353 € banking fee for the mortgage registration (but not the 0.2% banking fee for the handling of loan/mortgage).

For Italy the fees mentioned are based on the statutorily fixed tarif for notaries, which has been abolished in the summer of 2006. New data are not yet available.

For Italy, we applied for 100.000.- up to 500.000.- € the first home tax rate of 3% (of the fiscal value of half of the purchase price).

England including 0,1% mortgage fee (lawyer); Finland including bank fee for registration of the mortgage (for all transaction values)

For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

For the Nordic countries, the legal services by the Nordic real estate agents are figured as part of their respective fee, not in the column for the lawyers' fees.

500,000 € (including 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

500.000.- € 500.000.- € 500.000.- € 500.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. Fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 30,000 € n.r. 2,900 € 11,000 € 17,500 € 61,400 € 43,900 € 32,900 € 20.0% 12.28% 3.50% 2.20% 6.58% 28.50% 17.92% 53.58% 91.19% 8.81% 6.00% 0.58%

Belgium 15,000 € n.r. 3,609 € 2,150 € 63,000 € 83,759 € 20,759 € 18,609 € 21.0% 16.75% 12.60% 0.43% 3.72% 75.22% 2.57% 22.22% 80.61% 19.39% 3.00% 0.72%

Czech Rep. (solicitor) 15,000 € 500 € 1,000 € 17 € 0€ 16,517 € 16,517 € 16,500 € 19.0% 3.30% 0.00% 0.00% 3.30% 0.00% 0.10% 99.90% 90.91% 3.03% 6.06% 3.00% 0.10% 0.20%

Denmark 13,747 € 1,020 € 1,013 € 10,874 € 0€ 26,654 € 26,654 € 15,780 € 25.0% 5.33% 0.00% 2.17% 3.16% 0.00% 40.80% 59.20% 87.12% 6.46% 6.42% 2.75% 0.20% 0.20%

England 7,001 € 900 € 1,850 € 330 € 15,075 € 25,156 € 10,081 € 9,751 € 17.5% 5.03% 3.02% 0.07% 1.95% 59.93% 1.31% 38.76% 71.80% 9.23% 18.97% 1.40% 0.18% 0.37%

Finland 15,625 € 600 € 430 € 109 € 20,000 € 36,764 € 16,764 € 16,655 € 28.0% 7.35% 4.00% 0.02% 3.33% 54.40% 0.30% 45.30% 93.81% 3.60% 2.58% 3.13% 0.12% 0.09%

France 30,000 € 500 € 5,938 € 750 € 25,300 € 62,488 € 37,188 € 36,438 € 19.6% 12.50% 5.06% 0.15% 7.29% 40.49% 1.20% 58.31% 82.33% 1.37% 16.30% 6.00% 0.10% 1.19%

Germany 20,000 € n.r. 2,875 € 2,018 € 17,500 € 42,393 € 24,893 € 22,875 € 16.0% 8.48% 3.50% 0.40% 4.58% 41.28% 4.76% 53.96% 87.43% 12.57% 4.00% 0.58%

Greece 20,000 € 500 € 12,140 € 6,280 € 56,300 € 95,220 € 38,920 € 32,640 € 19.0% 19.04% 11.26% 1.26% 6.53% 59.13% 6.60% 34.28% 61.27% 1.53% 37.19% 4.00% 0.10% 2.43%

Hungary (solicitor) 15,000 € n.r. 5,350 € 62 € 29,420 € 49,832 € 20,412 € 20,350 € 20.0% 9.97% 5.88% 0.01% 4.07% 59.04% 0.12% 40.84% 73.71% 26.29% 3.00% 1.07%

Ireland 6,500 € 600 € 4,000 € 625 € 37,500 € 49,225 € 11,725 € 11,100 € 21.0% 9.85% 7.50% 0.13% 2.22% 76.18% 1.27% 22.55% 58.56% 5.41% 36.04% 1.30% 0.12% 0.80%

Italy 30,000 € n.r. 5,450 € 150 € 8,066 € 43,666 € 35,600 € 35,450 € 20.0% 8.73% 1.61% 0.03% 7.09% 18.47% 0.34% 81.18% 84.63% 15.37% 6.00% 1.09%

Netherlands 9,250 € n.r. 2,090 € 186 € 30,000 € 41,526 € 11,526 € 11,340 € 19.0% 8.31% 6.00% 0.04% 2.27% 72.24% 0.45% 27.31% 81.57% 18.43% 1.85% 0.42%

Poland 6,250 € 250 € 2,050 € 50 € 60,125 € 68,725 € 8,600 € 8,550 € 22.0% 13.75% 12.03% 0.01% 1.71% 87.49% 0.07% 12.44% 73.10% 2.92% 23.98% 1.25% 0.05% 0.41%

Portugal 18,750 € 275 € 657 € 260 € 7,000 € 26,942 € 19,942 € 19,682 € 21.0% 5.39% 1.40% 0.05% 3.94% 25.98% 0.97% 73.05% 95.26% 1.40% 3.34% 3.75% 0.06% 0.13%

Scotland 5,000 € 741 € 2,372 € 848 € 15,036 € 23,997 € 8,961 € 8,113 € 17.5% 4.80% 3.01% 0.17% 1.62% 62.66% 3.53% 33.81% 61.63% 9.13% 29.24% 1.00% 0.15% 0.47%

Slovakia 2,150 € 300 € 420 € 60 € 0€ 2,930 € 2,930 € 2,870 € 19.0% 0.59% 0.00% 0.01% 0.57% 0.00% 2.05% 97.95% 74.91% 10.45% 14.63% 0.43% 0.06% 0.08%

Slovenia 20,000 € n.r. 1,553 € 138 € 10,000 € 31,691 € 21,691 € 21,553 € 19.0% 6.34% 2.00% 0.03% 4.31% 31.56% 0.44% 68.01% 92.80% 7.20% 4.00% 0.31%

Spain 30,000 € 313 € 1,622 € 449 € 43,500 € 75,884 € 32,384 € 31,935 € 16.0% 15.18% 8.70% 6.39% 57.32% 42.08% 93.94% 0.98% 5.08% 6.00% 0.06% 0.32%

Sweden 12,800 € 400 € 0€ 130 € 17,500 € 30,830 € 13,330 € 13,200 € 25.0% 6.17% 3.50% 0.03% 2.64% 56.76% 0.42% 42.82% 96.97% 3.03% 0.00% 2.56% 0.08% 0.00%

average 16,104 € 345 € 2,866 € 1,824 € 23,641 € 44,780 € 21,139 € 19,315 € average 8.96% 4.73% 0.36% 3.86% 45.33% 4.26% 50.38% 81.68% 2.93% 15.40% 3.22% 0.11% 0.57%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 4.50%









average transaction price (including 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

average transaction price average transaction price average transaction price average transaction price

Country average price Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 150,000 € 9,000 € n.r. 1,567 € 3,300 € 5,250 € 19,117 € 13,867 € 10,567 € 20.0% 12.74% 3.50% 2.20% 7.04% 27.46% 17.26% 55.27% 85.17% 14.83% 6.00% 1.04%

Belgium 167,000 € 5,010 € n.r. 2,690 € 890 € 21,042 € 29,632 € 8,590 € 7,700 € 21.0% 17.74% 12.60% 0.53% 4.61% 71.01% 3.00% 25.98% 65.07% 34.93% 3.00% 1.61%

Czech Rep. (solicitor) 100,000 € 5,000 € 350 € 1,000 € 17 € 0€ 6,367 € 6,367 € 6,350 € 19.0% 6.37% 0.00% 0.02% 6.35% 0.00% 0.27% 99.73% 78.74% 5.51% 15.75% 5.00% 0.35% 1.00%

Denmark 221,743 € 7,069 € 1,020 € 1,013 € 5,031 € 0€ 14,132 € 14,132 € 9,102 € 25.0% 6.37% 0.00% 2.27% 4.10% 0.00% 35.60% 64.40% 77.66% 11.21% 11.13% 3.19% 0.46% 0.46%

England 297,750 € 4,233 € 779 € 1,502 € 245 € 4,918 € 11,676 € 6,758 € 6,513 € 17.5% 3.92% 1.65% 0.08% 2.19% 42.12% 2.10% 55.78% 64.98% 11.95% 23.06% 1.42% 0.26% 0.50%

Finland 123,756 € 3,867 € 600 € 430 € 109 € 4,950 € 9,957 € 5,007 € 4,898 € 28.0% 8.05% 4.00% 0.09% 3.96% 49.72% 1.09% 49.19% 78.97% 12.25% 8.78% 3.13% 0.48% 0.35%

France 226,630 € 16,020 € 500 € 2,931 € 340 € 11,467 € 31,258 € 19,791 € 19,451 € 19.6% 13.79% 5.06% 0.15% 8.58% 36.69% 1.09% 62.23% 82.36% 2.57% 15.07% 7.07% 0.22% 1.29%

Germany 130,863 € 5,235 € n.r. 968 € 633 € 4,580 € 11,416 € 6,836 € 6,203 € 16.0% 8.72% 3.50% 0.48% 4.74% 40.12% 5.54% 54.34% 84.39% 15.61% 4.00% 0.74%

Greece 130,000 € 5,200 € 500 € 4,000 € 1,625 € 14,729 € 26,054 € 11,325 € 9,700 € 19.0% 20.04% 11.33% 1.25% 7.46% 56.53% 6.24% 37.23% 53.61% 5.15% 41.24% 4.00% 0.38% 3.08%

Hungary (solicitor) 100,000 € 6,500 € n.r. 2,040 € 62 € 5,420 € 14,022 € 8,602 € 8,540 € 20.0% 14.02% 5.42% 0.06% 8.54% 38.65% 0.44% 60.90% 76.11% 23.89% 6.50% 2.04%

Ireland 303,310 € 2,960 € 679 € 2,426 € 428 € 15,864 € 22,357 € 6,493 € 6,065 € 21.0% 7.37% 5.23% 0.14% 2.00% 70.96% 1.92% 27.13% 48.80% 11.19% 40.01% 0.98% 0.22% 0.80%

Italy 129,532 € 7,772 € n.r. 2,892 € 150 € 2,509 € 13,323 € 10,814 € 10,664 € 20.0% 10.29% 1.94% 0.12% 8.23% 18.83% 1.12% 80.04% 72.88% 27.12% 6.00% 2.23%

Netherlands 202,000 € 3,737 € n.r. 1,310 € 186 € 12,120 € 17,353 € 5,233 € 5,047 € 19.0% 8.59% 6.00% 0.09% 2.50% 69.84% 1.07% 29.08% 74.04% 25.96% 1.85% 0.65%

Poland 100,000 € 2,000 € 250 € 677 € 50 € 12,025 € 15,002 € 2,977 € 2,927 € 22.0% 15.00% 12.03% 0.05% 2.93% 80.16% 0.33% 19.51% 68.33% 8.54% 23.13% 2.00% 0.25% 0.68%

Portugal 100,000 € 3,750 € 275 € 537 € 260 € 1,400 € 6,222 € 4,822 € 4,562 € 21.0% 6.22% 1.40% 0.26% 4.56% 22.50% 4.18% 73.32% 82.21% 6.03% 11.76% 3.75% 0.28% 0.54%

Scotland 193,860 € 1,939 € 517 € 1,668 € 465 € 1,939 € 6,528 € 4,589 € 4,124 € 17.5% 3.37% 1.00% 0.24% 2.13% 29.70% 7.12% 63.18% 47.01% 12.53% 40.46% 1.00% 0.27% 0.86%

Slovakia 100,000 € 2,150 € 1,020 € 420 € 60 € 0€ 3,650 € 3,650 € 3,590 € 19.0% 3.65% 0.00% 0.06% 3.59% 0.00% 1.64% 98.36% 59.89% 28.41% 11.70% 2.15% 1.02% 0.42%

Slovenia 100,000 € 4,000 € n.r. 878 € 138 € 2,000 € 7,016 € 5,016 € 4,878 € 19.0% 7.02% 2.00% 0.14% 4.88% 28.51% 1.97% 69.52% 82.01% 17.99% 4.00% 0.88%

Spain 172,630 € 10,358 € 165 € 1,239 € 321 € 15,019 € 27,101 € 12,083 € 11,762 € 16.0% 15.70% 8.70% 0.19% 6.81% 55.42% 1.18% 43.40% 88.06% 1.40% 10.54% 6.00% 0.10% 0.72%

Sweden 147,500 € 4,930 € 400 € 0€ 130 € 5,163 € 10,623 € 5,460 € 5,330 € 25.0% 7.20% 3.50% 0.09% 3.61% 48.60% 1.22% 50.18% 92.50% 7.50% 0.00% 3.34% 0.27% 0.00%

average 159,829 € 5,536 € 353 € 1,509 € 722 € 7,020 € 15,140 € 8,121 € 7,399 € average 9.81% 4.44% 0.43% 4.94% 39.34% 4.72% 55.94% 73.14% 6.21% 20.65% 3.72% 0.35% 0.99%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 9.56%

Nordic countries: agent/lawyer in italics

Remarks: Estimated average prices are in italics.

For the national average price of residential buildings, the figures for apartments and houses have been given equal weight.

Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Professional Fees for Legal Services for Conveyancing including 100% Mortgage





Legal services average price estimated Price GNP net fee for average price percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net 100,000 € 250,000 € 500,000 € average

Country apartment 2005 manufacture level person earnings price

Netherlands D 1,225 € 1,350 € 2,090 € 202,000 € 1,310 € 105.2% 106.4% 29,554 € 1,245 € 1,231 € 1,012 € 1.23% 0.54% 0.42% 0.65%

Czech Republic L 1,000 € 1,000 € 1,000 € 100,000 € 1,000 € 57.8% 73.8% 7,337 € 1,730 € 1,355 € 3,111 € 1.00% 0.40% 0.20% 1.00%

England L 1,090 € 1,420 € 1,850 € 297,750 € 1,502 € 104.9% 108.8% 33,688 € 1,432 € 1,381 € 1,018 € 1.09% 0.57% 0.37% 0.50%

Scotland L 1,482 € 1,780 € 2,372 € 193,860 € 1,668 € 104.9% 108.8% 33,688 € 1,591 € 1,534 € 1,131 € 1.48% 0.71% 0.47% 0.86%

Ireland L 1,000 € 2,000 € 4,000 € 303,310 € 2,426 € 123.4% 120.4% 32,233 € 1,966 € 2,015 € 1,718 € 1.00% 0.80% 0.80% 0.80%

Slovakia L 420 € 420 € 420 € 100,000 € 420 € 57.6% 55.0% 5,445 € 729 € 764 € 1,761 € 0.42% 0.17% 0.08% 0.42%

hybrid

Hungary (solicitor) 2,040 € 3,770 € 5,350 € 100,000 € 2,040 € 63.6% 61.1% 5,848 € 3,208 € 3,339 € 7,963 € 2.04% 1.51% 1.07% 2.04%

Poland N 677 € 1,430 € 2,050 € 100,000 € 677 € 59.6% 54.6% 5,200 € 1,136 € 1,240 € 2,972 € 0.68% 0.57% 0.41% 0.68%

Germany N 806 € 1,595 € 2,875 € 130,863 € 968 € 104.1% 106.0% 31,916 € 930 € 914 € 693 € 0.81% 0.64% 0.58% 0.74%

Slovenia N 878 € 1,305 € 1,553 € 100,000 € 878 € 76.4% 73.1% 8,901 € 1,149 € 1,200 € 2,250 € 0.88% 0.52% 0.31% 0.88%

Spain N 1,068 € 1,422 € 1,622 € 172,630 € 1,239 € 90.0% 90.2% 18,004 € 1,377 € 1,374 € 1,571 € 1.07% 0.57% 0.32% 0.72%

Austria N 1,400 € 1,900 € 2,900 € 150,000 € 1,567 € 102.9% 103.7% 28,009 € 1,523 € 1,511 € 1,277 € 1.40% 0.76% 0.58% 1.04%

France N 1,538 € 3,188 € 5,938 € 226,630 € 2,931 € 108.5% 106.9% 25,050 € 2,701 € 2,742 € 2,671 € 1.54% 1.28% 1.19% 1.29%

Belgium N 2,155 € 3,352 € 3,609 € 167,000 € 2,690 € 104.3% 103.3% 28,324 € 2,579 € 2,604 € 2,168 € 2.16% 1.34% 0.72% 1.61%

Portugal N 537 € 657 € 537 € 100,000 € 1,000 € 85.2% 71.3% 12,086 € 1,174 € 1,403 € 1,889 € 0.54% 0.26% 0.11% 1.00%

Italy N 2,670 € 3,800 € 5,450 € 129,532 € 2,892 € 102.6% 100.6% 19,636 € 2,819 € 2,875 € 3,363 € 2.67% 1.52% 1.09% 2.23%

Greece hybrid 3,340 € 6,640 € 12,140 € 130,000 € 4,000 € 87.8% 84.9% 17,140 € 4,556 € 4,711 € 5,327 € 3.34% 2.66% 2.43% 3.08%

Sweden S 500 € 500 € 500 € 147,500 € 500 € 120.6% 118.7% 25,479 € 415 € 421 € 448 € 0.50% 0.20% 0.10% 0.34%

Finland S 930 € 930 € 930 € 123,756 € 930 € 122.0% 112.8% 25,006 € 762 € 825 € 849 € 0.93% 0.37% 0.19% 0.75%

Denmark S 1,513 € 1,513 € 1,513 € 221,743 € 1,513 € 135.8% 132.1% 31,202 € 1,114 € 1,145 € 1,107 € 1.51% 0.61% 0.30% 0.68%

average 1,313 € 1,999 € 2,935 € 159,829 € 1,608 € 21,187 € 1,707 € 1,729 € 2,215 € 1.31% 0.80% 0.59% 1.07%

total number of countries 20





Comparison of systems

Legal services average price estimated Price GNP net average price percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net 100,000 € 250,000 € 500,000 € average

apartment 2005 manufacture level person earnings price

S Nordic countries 981 € 981 € 981 € 164,333 € 981 € 126.13% 121.20% 27,229 € 764 € 797 € 801 € 0.98% 0.39% 0.20% 0.59%

L Lawyer countries 998 € 1,324 € 1,928 € 198,984 € 1,403 € 89.72% 93.36% 22,478 € 1,490 € 1,410 € 1,748 € 1.00% 0.53% 0.39% 0.72%

D Netherlands 1,225 € 1,350 € 2,090 € 202,000 € 1,310 € 105.20% 106.40% 29,554 € 1,245 € 1,231 € 1,012 € 1.23% 0.54% 0.42% 0.65%

N civil law notaries 1,303 € 2,072 € 2,948 € 141,850 € 1,649 € 92.62% 89.97% 19,681 € 1,710 € 1,762 € 2,095 € 1.30% 0.83% 0.59% 1.13%

country average 1,313 € 1,999 € 2,935 € 159,829 € 1,608 € 1,707 € 1,729 € 2,215 € 1.31% 0.80% 0.59% 1.07%









Remarks: Estimated average prices are in italics.

Price levell 2005 from Eurostat, internet database (compared to EU 25)

Net earning: One-earner married couple, at 100% of AW, with two children - Manufacturing

Nordic: In Denmark, Finland and Sweden, the real estate agents draft the contract.

Thus, part of the real estate agent's fee has to be considered as legal fees.

Czech Republic: Legal fees are quoted only for advocats, who are involved in about 70% of all land sales.

Denmark: On top of the buyer's lawyer's fee (flat fee of 1,013 €), we estimated the share of the legal services of the real estate agent as a flat fee of 500 € (same as in Finland and Sweden).



England: 1 British Pound (GPB) = 1,5 Euro

In England, an additional legal fee of 0.25% of the loan is allowed by Law Society Guidance.

However, it seems to be less common than in Scotland.

So we included a 0.1% in the average costs.

England solicitors' fees and land register does not include search fee (flat fee of 207 GPB = 311 Euro).

Finland: For Finland we estimate the legal fees as follows:

the real would charge for

500.- Euro as part of(Lawyersestate agent's fee the contract drafting between 150-700 Euro).

+ 353,2 Euro registration service of the bank for the mortgage

+ 77.- quoted only (certification who handle

Hungary: Legal fees are Euro notaryfor advocats, of signature)more than 95% of all land sales.

Netherlands:

For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

Spain: The notariel fees quoted include only the authentication of the transfer deed ("levering") and the mortgage, not the drafting of the sales contract, because in 70% of all sales, the real estate agent just fills out a form contract.

The lawyer's fees comprise the civil law notary (648, 790 or 962 €) and the gestor administrativo (410, 632 or 660 €

Sweden: respectively for the 100,000, 250,000 and 500,000 transaction value).

For Sweden the legal fees comprise 500.- Euro (estimated part of the real estate agent's fee).

Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Additional Costs for 100% Mortgage

(provisional figures! - last changes 15. February 2007)



100,000 € (additional costs for 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

cost difference 100.000.- € 100.000.- € 100.000.- € 100.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 0€ n.r. 0€ 1,200 € 0€ 1,200 € 1,200 € 0€ 20.0% 1.20% 0.00% 1.20% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00%

Belgium 0€ n.r. 561 € 250 € 1,100 € 1,911 € 811 € 561 € 21.0% 1.91% 1.10% 0.25% 0.56% 57.56% 13.08% 29.36% 0.00% 100.00% 0.00% 0.56%

Czech Rep. (solicitor) 0€ 0€ 500 € 0€ 0€ 500 € 500 € 500 € 19.0% 0.50% 0.00% 0.00% 0.50% 0.00% 0.00% 0.50%

Denmark 0€ 0€ 0€ 1,687 € 0€ 1,687 € 1,687 € 0€ 25.0% 1.69% 0.00% 1.69% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00%

England 0€ 240 € 100 € 0€ 0€ 340 € 340 € 340 € 17.5% 0.34% 0.00% 0.00% 0.34% 0.00% 0.00% 100.00% 0.00% 70.59% 29.41% 0.00% 0.24% 0.10%

Finland 0€ 0€ 353 € 44 € 0€ 397 € 397 € 353 € 0.40% 0.00% 0.04% 0.35% 0.00% 11.08% 88.92% 0.00% 0.00% 100.00% 0.00% 0.00% 0.35%

France 0€ 0€ 385 € 50 € 0€ 435 € 435 € 385 € 19.6% 0.44% 0.00% 0.05% 0.39% 0.00% 11.49% 88.51% 0.00% 0.00% 100.00% 0.00% 0.00% 0.39%

Germany 0€ n.r. 228 € 207 € 0€ 435 € 435 € 228 € 16.0% 0.44% 0.00% 0.21% 0.23% 0.00% 47.59% 52.41% 0.00% 100.00% 0.00% 0.23%

Greece 0€ 0€ 500 € 790 € 0€ 1,290 € 1,290 € 500 € 19.0% 1.29% 0.00% 0.79% 0.50% 0.00% 61.24% 38.76% 0.00% 0.00% 100.00% 0.00% 0.00% 0.50%

Hungary (solicitor) 0€ n.r. 1,040 € 44 € 0€ 1,084 € 1,084 € 1,040 € 20.0% 1.08% 0.00% 0.04% 1.04% 0.00% 4.06% 95.94% 0.00% 100.00% 0.00% 1.04%

Ireland 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 21.0% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Italy 0€ n.r. 1,170 € 35 € 168 € 1,373 € 1,205 € 1,170 € 20.0% 1.37% 0.17% 0.03% 1.17% 12.24% 2.53% 85.23% 0.00% 100.00% 0.00% 1.17%

Netherlands 0€ n.r. 564 € 73 € 0€ 637 € 637 € 564 € 19.0% 0.64% 0.00% 0.07% 0.56% 0.00% 11.46% 88.54% 0.00% 100.00% 0.00% 0.56%

Poland 0€ 250 € 0€ 0€ 2,025 € 2,275 € 250 € 250 € 22.0% 2.28% 2.03% 0.00% 0.25% 89.01% 0.00% 10.99% 0.00% 100.00% 0.00% 0.00% 0.25% 0.00%

Portugal 0€ 275 € 87 € 135 € 600 € 1,097 € 497 € 362 € 21.0% 1.10% 0.60% 0.14% 0.36% 54.69% 12.31% 33.00% 0.00% 75.97% 24.03% 0.00% 0.28% 0.09%

Scotland 0€ 0€ 147 € 33 € 0€ 180 € 180 € 147 € 17.5% 0.18% 0.00% 0.03% 0.15% 0.00% 18.33% 81.67% 0.00% 0.00% 100.00% 0.00% 0.00% 0.15%

Slovakia 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 19.0% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Slovenia 0€ n.r. 225 € 50 € 0€ 275 € 275 € 225 € 19.0% 0.28% 0.00% 0.05% 0.23% 0.00% 18.18% 81.82% 0.00% 100.00% 0.00% 0.23%

Spain 0€ 130 € 589 € 161 € 1,700 € 2,580 € 880 € 719 € 16.0% 2.58% 1.70% 0.16% 0.72% 65.89% 6.24% 27.87% 0.00% 18.08% 81.92% 0.00% 0.13% 0.59%

Sweden 0€ 0€ 0€ 40 € 2,000 € 2,040 € 40 € 0€ 25.0% 2.04% 2.00% 0.04% 0.00% 98.04% 1.96% 0.00% 0.00% 0.00% 0.00%

average 0€ 45 € 322 € 240 € 380 € 987 € 607 € 367 € average 0.99% 0.38% 0.24% 0.37% 18.87% 20.98% 45.15% 0.00% 13.23% 56.77% 0.00% 0.07% 0.32%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 20.36%







250,000 € (additional costs for 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

cost difference 250.000.- € 250.000.- € 250.000.- € 250.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 0€ n.r. 0€ 3,000 € 0€ 3,000 € 3,000 € 0€ 20.0% 1.20% 0.00% 1.20% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00%

Belgium 0€ n.r. 904 € 450 € 2,750 € 4,104 € 1,354 € 904 € 1.64% 1.10% 0.18% 0.36% 67.01% 10.96% 22.03% 0.00% 100.00% 0.00% 0.36%

Czech Rep. (solicitor) 0€ 0€ 500 € 0€ 0€ 500 € 500 € 500 € 19.0% 0.20% 0.00% 0.00% 0.20% 0.00% 0.00% 0.20%

Denmark 0€ 0€ 0€ 3,937 € 0€ 3,937 € 3,937 € 0€ 25.0% 1.57% 0.00% 1.57% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00%

England 0€ 225 € 250 € 0€ 0€ 475 € 475 € 475 € 17.5% 0.19% 0.00% 0.00% 0.19% 0.00% 0.00% 100.00% 0.00% 47.37% 52.63% 0.00% 0.09% 0.10%

Finland 0€ 0€ 353 € 44 € 0€ 397 € 397 € 353 € 0.16% 0.00% 0.02% 0.14% 0.00% 11.08% 88.92% 0.00% 0.00% 100.00% 0.00% 0.00% 0.14%

France 0€ 0€ 797 € 125 € 0€ 922 € 922 € 797 € 19.6% 0.37% 0.00% 0.05% 0.32% 0.00% 13.56% 86.44% 0.00% 0.00% 100.00% 0.00% 0.00% 0.32%

Germany 0€ n.r. 455 € 432 € 0€ 887 € 887 € 455 € 16.0% 0.35% 0.00% 0.17% 0.18% 0.00% 48.70% 51.30% 0.00% 100.00% 0.00% 0.18%

Greece 0€ 0€ 500 € 1,950 € 0€ 2,450 € 2,450 € 500 € 19.0% 0.98% 0.00% 0.78% 0.20% 0.00% 79.59% 20.41% 0.00% 0.00% 100.00% 0.00% 0.00% 0.20%

Hungary (solicitor) 0€ n.r. 1,670 € 44 € 0€ 1,714 € 1,714 € 1,670 € 20.0% 0.69% 0.00% 0.02% 0.67% 0.00% 2.57% 97.43% 0.00% 100.00% 0.67%

Ireland 0€ 200 € 0€ 0€ 0€ 200 € 200 € 200 € 21.0% 0.08% 0.00% 0.00% 0.08% 0.00% 0.00% 100.00% 0.00% 100.00% 0.00% 0.00% 0.08% 0.00%

Italy 0€ n.r. 1,850 € 35 € 168 € 2,053 € 1,885 € 1,850 € 20.0% 0.82% 0.07% 0.01% 0.74% 8.18% 1.69% 90.12% 0.00% 100.00% 0.00% 0.74%

Netherlands 0€ n.r. 657 € 73 € 0€ 730 € 730 € 657 € 19.0% 0.29% 0.00% 0.03% 0.26% 0.00% 10.00% 90.00% 0.00% 100.00% 0.00% 0.26%

Poland 0€ 250 € 0€ 0€ 5,062 € 5,312 € 250 € 250 € 22.0% 2.12% 2.02% 0.00% 0.10% 95.29% 0.00% 4.71% 0.00% 100.00% 0.00% 0.00% 0.10% 0.00%

Portugal 0€ 275 € 136 € 135 € 1,500 € 2,046 € 546 € 411 € 21.0% 0.82% 0.60% 0.05% 0.16% 73.30% 6.60% 20.10% 0.00% 66.85% 33.15% 0.00% 0.11% 0.05%

Scotland 0€ 0€ 149 € 33 € 0€ 182 € 182 € 149 € 17.5% 0.07% 0.00% 0.01% 0.06% 0.00% 18.13% 81.87% 0.00% 0.00% 100.00% 0.00% 0.00% 0.06%

Slovakia 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 19.0% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Slovenia 0€ n.r. 338 € 50 € 0€ 388 € 388 € 338 € 19.0% 0.16% 0.00% 0.02% 0.14% 0.00% 12.90% 87.10% 0.00% 100.00% 0.00% 0.14%

Spain 0€ 202 € 759 € 172 € 4,250 € 5,383 € 1,133 € 961 € 16.0% 2.15% 1.70% 0.07% 0.38% 78.95% 3.20% 17.85% 0.00% 21.02% 78.98% 0.00% 0.08% 0.30%

Sweden 0€ 0€ 0€ 40 € 5,000 € 5,040 € 40 € 0€ 25.0% 2.02% 2.00% 0.02% 0.00% 99.21% 0.79% 0.00% 0.00% 0.00% 0.00%

average 0€ 58 € 466 € 526 € 937 € 1,986 € 1,049 € 524 € average 0.79% 0.37% 0.21% 0.21% 21.10% 20.99% 47.91% 0.00% 16.76% 58.24% 0.00% 0.04% 0.19%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 25.79%





1 British Pound (GPB) = 1,5 Euro; 1 SKK (Slovac Rep.) = 0,027 Euro

In Belgium, a medium tax rate of 11,5% was formed from the differing rates in Brussels, Flanders and Wallonia.

For Finland, "lawyers" includes the 77€ notary fee for certification of the signature + 353 € banking fee for the mortgage registration (but not the 0.2% banking fee for the handling of loan/mortgage).

For Italy the fees mentioned are based on the statutorily fixed tarif for notaries, which has been abolished in the summer of 2006. New data are not yet available.

For Italy, we applied for 100.000.- up to 500.000.- € the first home tax rate of 3% (of the fiscal value of half of the purchase price).

England including 0,1% mortgage fee (lawyer); Finland including bank fee for registration of the mortgage (for all transaction values)

For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

For the Nordic countries, the legal services by the Nordic real estate agents are figured as part of their respective fee, not in the column for the lawyers' fees.

500,000 € (additional costs for 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

cost difference 500.000.- € 500.000.- € 500.000.- € 500.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total cost excl tax prof. Fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 0€ n.r. 0€ 6,000 € 0€ 6,000 € 6,000 € 0€ 20.0% 1.20% 0.00% 1.20% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00%

Belgium 0€ n.r. 1,017 € 500 € 5,500 € 7,017 € 1,517 € 1,017 € 21.0% 1.40% 1.10% 0.10% 0.20% 78.38% 7.13% 14.50% 0.00% 100.00% 0.00% 0.20%

Czech Rep. (solicitor) 0€ 0€ 500 € 0€ 0€ 500 € 500 € 500 € 19.0% 0.10% 0.00% 0.00% 0.10% 0.00% 0.00% 0.10%

Denmark 0€ 0€ 0€ 7,687 € 0€ 7,687 € 7,687 € 0€ 25.0% 1.54% 0.00% 1.54% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00%

England 0€ 225 € 500 € 0€ 0€ 725 € 725 € 725 € 17.5% 0.15% 0.00% 0.00% 0.15% 0.00% 0.00% 100.00% 0.00% 31.03% 68.97% 0.00% 0.05% 0.10%

Finland 0€ 0€ 353 € 44 € 0€ 397 € 397 € 353 € 0.08% 0.00% 0.01% 0.07% 0.00% 11.08% 88.92% 0.00% 0.00% 100.00% 0.00% 0.00% 0.07%

France 0€ 0€ 1,485 € 250 € 0€ 1,735 € 1,735 € 1,485 € 19.6% 0.35% 0.00% 0.05% 0.30% 0.00% 14.41% 85.59% 0.00% 0.00% 100.00% 0.00% 0.00% 0.30%

Germany 0€ n.r. 827 € 808 € 0€ 1,635 € 1,635 € 827 € 16.0% 0.33% 0.00% 0.16% 0.17% 0.00% 49.42% 50.58% 0.00% 100.00% 0.00% 0.17%

Greece 0€ 0€ 500 € 3,890 € 0€ 4,390 € 4,390 € 500 € 19.0% 0.88% 0.00% 0.78% 0.10% 0.00% 88.61% 11.39% 0.00% 0.00% 100.00% 0.00% 0.00% 0.10%

Hungary (solicitor) 0€ n.r. 2,350 € 44 € 0€ 2,394 € 2,394 € 2,350 € 20.0% 0.48% 0.00% 0.01% 0.47% 0.00% 1.84% 98.16% 0.00% 100.00% 0.47%

Ireland 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 21.0% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Italy 0€ n.r. 2,350 € 35 € 168 € 2,553 € 2,385 € 2,350 € 20.0% 0.51% 0.03% 0.01% 0.47% 6.58% 1.36% 92.06% 0.00% 100.00% 0.00% 0.47%

Netherlands 0€ n.r. 803 € 73 € 0€ 876 € 876 € 803 € 19.0% 0.18% 0.00% 0.01% 0.16% 0.00% 8.33% 91.67% 0.00% 100.00% 0.00% 0.16%

Poland 0€ 250 € 0€ 0€ 10,125 € 10,375 € 250 € 250 € 22.0% 2.08% 2.03% 0.00% 0.05% 97.59% 0.00% 2.41% 0.00% 100.00% 0.00% 0.00% 0.05% 0.00%

Portugal 0€ 275 € 136 € 135 € 3,000 € 3,546 € 546 € 411 € 21.0% 0.71% 0.60% 0.03% 0.08% 84.59% 3.81% 11.60% 0.00% 66.85% 33.15% 0.00% 0.06% 0.03%

Scotland 0€ 0€ 148 € 32 € 0€ 180 € 180 € 148 € 17.5% 0.04% 0.00% 0.01% 0.03% 0.00% 17.78% 82.22% 0.00% 0.00% 100.00% 0.00% 0.00% 0.03%

Slovakia 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 19.0% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Slovenia 0€ n.r. 585 € 50 € 0€ 635 € 635 € 585 € 19.0% 0.13% 0.00% 0.01% 0.12% 0.00% 7.87% 92.13% 0.00% 100.00% 0.00% 0.12%

Spain 0€ 313 € 859 € 216 € 8,500 € 9,888 € 1,388 € 1,172 € 16.0% 1.98% 1.70% 0.23% 85.96% 11.85% 0.00% 26.71% 73.29% 0.00% 0.06% 0.17%

Sweden 0€ 0€ 0€ 40 € 10,000 € 10,040 € 40 € 0€ 25.0% 2.01% 2.00% 0.01% 0.00% 99.60% 0.40% 0.00% 0.00% 0.00% 0.00%

average 0€ 53 € 621 € 990 € 1,865 € 3,529 € 1,664 € 674 € average 0.71% 0.37% 0.20% 0.13% 22.64% 20.60% 41.65% 0.00% 11.23% 58.77% 0.00% 0.02% 0.12%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 17.28%









average transaction price (additional costs for 100% mortgage) cost/value relation percent of total costs percent of professional fees professional fees/value

cost difference average transaction price average transaction price average transaction price average transaction price

Country average price Real e.agent Technical s. Lawyers Land regist. Transfer tax total cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

Austria 150,000 € 0€ n.r. 0€ 1,800 € 0€ 1,800 € 1,800 € 0€ 20.0% 1.20% 0.00% 1.20% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00%

Belgium 167,000 € 0€ n.r. 714 € 339 € 0€ 1,054 € 1,054 € 714 € 21.0% 0.63% 0.00% 0.20% 0.43% 0.00% 32.21% 67.79% 0.00% 100.00% 0.00% 0.43%

Czech Rep. (solicitor) 100,000 € 0€ 0€ 500 € 0€ 0€ 500 € 500 € 500 € 19.0% 0.50% 0.00% 0.00% 0.50% 0.00% 0.00% 0.50%

Denmark 221,743 € 0€ 0€ 0€ 3,513 € 0€ 3,513 € 3,513 € 0€ 25.0% 1.58% 0.00% 1.58% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00%

England 297,750 € 0€ 225 € 298 € 0€ 0€ 523 € 523 € 523 € 17.5% 0.18% 0.00% 0.00% 0.18% 0.00% 0.00% 100.00% 0.00% 43.04% 56.96% 0.00% 0.08% 0.10%

Finland 123,756 € 0€ 0€ 353 € 44 € 0€ 397 € 397 € 353 € 0.32% 0.00% 0.04% 0.29% 0.00% 11.08% 88.92% 0.00% 0.00% 100.00% 0.00% 0.00% 0.29%

France 226,630 € 0€ 0€ 733 € 113 € 0€ 846 € 846 € 733 € 19.6% 0.37% 0.00% 0.05% 0.32% 0.00% 13.39% 86.61% 0.00% 0.00% 100.00% 0.00% 0.00% 0.32%

Germany 130,863 € 0€ n.r. 275 € 253 € 0€ 528 € 528 € 275 € 16.0% 0.40% 0.00% 0.19% 0.21% 0.00% 47.97% 52.03% 0.00% 100.00% 0.00% 0.21%

Greece 130,000 € 0€ 0€ 500 € 1,008 € 0€ 1,508 € 1,508 € 500 € 19.0% 1.16% 0.00% 0.78% 0.38% 0.00% 66.83% 33.17% 0.00% 0.00% 100.00% 0.00% 0.00% 0.38%

Hungary (solicitor) 100,000 € 0€ n.r. 1,040 € 44 € 0€ 1,084 € 1,084 € 1,040 € 20.0% 1.08% 0.00% 0.04% 1.04% 0.00% 4.06% 95.94% 0.00% 100.00% 0.00% 1.04%

Ireland 303,310 € 0€ 157 € 0€ 0€ 0€ 157 € 157 € 157 € 21.0% 0.05% 0.00% 0.00% 0.05% 0.00% 0.00% 100.00% 0.00% 100.00% 0.00% 0.00% 0.05% 0.00%

Italy 129,532 € 0€ n.r. 1,304 € 35 € 168 € 1,507 € 1,339 € 1,304 € 20.0% 1.16% 0.13% 0.03% 1.01% 11.15% 2.32% 86.53% 0.00% 100.00% 0.00% 1.01%

Netherlands 202,000 € 0€ n.r. 627 € 73 € 0€ 700 € 700 € 627 € 19.0% 0.35% 0.00% 0.04% 0.31% 0.00% 10.42% 89.58% 0.00% 100.00% 0.00% 0.31%

Poland 100,000 € 0€ 250 € 0€ 0€ 25 € 275 € 250 € 250 € 22.0% 0.28% 0.03% 0.00% 0.25% 9.09% 0.00% 90.91% 0.00% 100.00% 0.00% 0.00% 0.25% 0.00%

Portugal 100,000 € 0€ 275 € 87 € 135 € 600 € 1,097 € 497 € 362 € 21.0% 1.10% 0.60% 0.14% 0.36% 54.69% 12.31% 33.00% 0.00% 75.97% 24.03% 0.00% 0.28% 0.09%

Scotland 193,860 € 0€ 0€ 148 € 33 € 0€ 181 € 181 € 148 € 17.5% 0.09% 0.00% 0.02% 0.08% 0.00% 18.21% 81.79% 0.00% 0.00% 100.00% 0.00% 0.00% 0.08%

Slovakia 100,000 € 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 19.0% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Slovenia 100,000 € 0€ n.r. 225 € 50 € 0€ 275 € 275 € 225 € 19.0% 0.28% 0.00% 0.05% 0.23% 0.00% 18.18% 81.82% 0.00% 100.00% 0.00% 0.23%

Spain 172,630 € 0€ 165 € 671 € 166 € 2,935 € 3,937 € 1,003 € 836 € 16.0% 2.28% 1.70% 0.10% 0.48% 74.54% 4.22% 21.24% 0.00% 19.72% 80.28% 0.00% 0.10% 0.39%

Sweden 147,500 € 0€ 0€ 0€ 40 € 2,950 € 2,990 € 40 € 0€ 25.0% 2.03% 2.00% 0.03% 0.00% 98.66% 1.34% 0.00% 0.00% 0.00% 0.00%

average 159,829 € 0€ 54 € 374 € 382 € 334 € 1,144 € 810 € 427 € average 0.75% 0.22% 0.22% 0.31% 12.41% 22.13% 55.47% 0.00% 16.94% 58.06% 0.00% 0.06% 0.27%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 26.06%

Nordic countries: agent/lawyer in italics

Remarks: Estimated average prices are in italics.

For the national average price of residential buildings, the figures for apartments and houses have been given equal weight.

Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Professional Fees for Legal Services for additonal 100% Mortgage





Legal services average price estimated Price GNP net fee for average price percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net 100,000 € 250,000 € 500,000 € average

Country apartment 2005 manufacture level person earnings price

Netherlands D 564 € 657 € 803 € 202,000 € 627 € 105.2% 106.4% 29,554 € 596 € 590 € 484 € 0.56% 0.26% 0.16% 0.31%

Czech Republic L 500 € 500 € 500 € 100,000 € 500 € 57.8% 73.8% 7,337 € 865 € 678 € 1,556 € 0.50% 0.20% 0.10% 0.50%

England L 100 € 250 € 500 € 297,750 € 298 € 104.9% 108.8% 33,688 € 284 € 274 € 202 € 0.10% 0.10% 0.10% 0.10%

Scotland L 147 € 149 € 148 € 193,860 € 148 € 104.9% 108.8% 33,688 € 141 € 136 € 100 € 0.15% 0.06% 0.03% 0.08%

Ireland L 0€ 0€ 0€ 303,310 € 0€ 123.4% 120.4% 32,233 € 0€ 0€ 0€ 0.00% 0.00% 0.00% 0.00%

Slovakia L 0€ 0€ 0€ 100,000 € 0€ 57.6% 55.0% 5,445 € 0€ 0€ 0€ 0.00% 0.00% 0.00% 0.00%

hybrid

Hungary (solicitor) 1,040 € 1,670 € 2,350 € 100,000 € 1,040 € 63.6% 61.1% 5,848 € 1,635 € 1,702 € 4,060 € 1.04% 0.67% 0.47% 1.04%

Poland N 0€ 0€ 0€ 100,000 € 0€ 59.6% 54.6% 5,200 € 0€ 0€ 0€ 0.00% 0.00% 0.00% 0.00%

Germany N 228 € 455 € 827 € 130,863 € 275 € 104.1% 106.0% 31,916 € 264 € 259 € 196 € 0.23% 0.18% 0.17% 0.21%

Slovenia N 225 € 338 € 585 € 100,000 € 225 € 76.4% 73.1% 8,901 € 295 € 308 € 577 € 0.23% 0.14% 0.12% 0.23%

Spain N 589 € 759 € 859 € 172,630 € 671 € 90.0% 90.2% 18,004 € 746 € 744 € 851 € 0.59% 0.30% 0.17% 0.39%

Austria N 0€ 0€ 0€ 150,000 € 0€ 102.9% 103.7% 28,009 € 0€ 0€ 0€ 0.00% 0.00% 0.00% 0.00%

France N 385 € 797 € 1,485 € 226,630 € 733 € 108.5% 106.9% 25,050 € 675 € 686 € 668 € 0.39% 0.32% 0.30% 0.32%

Belgium N 561 € 904 € 1,017 € 167,000 € 714 € 104.3% 103.3% 28,324 € 685 € 691 € 576 € 0.56% 0.36% 0.20% 0.43%

Portugal N 87 € 136 € 87 € 100,000 € 500 € 85.2% 71.3% 12,086 € 587 € 701 € 944 € 0.09% 0.05% 0.02% 0.50%

Italy N 1,170 € 1,850 € 2,350 € 129,532 € 1,304 € 102.6% 100.6% 19,636 € 1,271 € 1,296 € 1,516 € 1.17% 0.74% 0.47% 1.01%

Greece hybrid 500 € 500 € 500 € 130,000 € 500 € 87.8% 84.9% 17,140 € 569 € 589 € 666 € 0.50% 0.20% 0.10% 0.38%

Sweden S 0€ 0€ 0€ 147,500 € 0€ 120.6% 118.7% 25,479 € 0€ 0€ 0€ 0.00% 0.00% 0.00% 0.00%

Finland S 353 € 353 € 353 € 123,756 € 353 € 122.0% 112.8% 25,006 € 290 € 313 € 322 € 0.35% 0.14% 0.07% 0.29%

Denmark S 0€ 0€ 0€ 221,743 € 0€ 135.8% 132.1% 31,202 € 0€ 0€ 0€ 0.00% 0.00% 0.00% 0.00%

average 322 € 466 € 618 € 159,829 € 394 € 21,187 € 445 € 448 € 636 € 0.32% 0.19% 0.12% 0.29%

total number of countries 20





Comparison of systems

Legal services average price estimated Price GNP net average price percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net 100,000 € 250,000 € 500,000 € average

apartment 2005 manufacture level person earnings price

S Nordic countries 118 € 118 € 118 € 164,333 € 118 € 126.13% 121.20% 27,229 € 97 € 104 € 107 € 0.12% 0.05% 0.02% 0.10%

L Lawyer countries 149 € 180 € 230 € 198,984 € 189 € 89.72% 93.36% 22,478 € 258 € 217 € 372 € 0.15% 0.07% 0.05% 0.14%

D Netherlands 564 € 657 € 803 € 202,000 € 627 € 105.20% 106.40% 29,554 € 596 € 590 € 484 € 0.56% 0.26% 0.16% 0.31%

N civil law notaries 361 € 582 € 801 € 141,850 € 491 € 92.62% 89.97% 19,681 € 502 € 521 € 592 € 0.36% 0.23% 0.16% 0.34%

country average 322 € 466 € 618 € 159,829 € 394 € 445 € 448 € 636 € 0.32% 0.19% 0.12% 0.29%









Remarks: Estimated average prices are in italics.

Price levell 2005 from Eurostat, internet database (compared to EU 25)

Net earning: One-earner married couple, at 100% of AW, with two children - Manufacturing

Nordic: In Denmark, Finland and Sweden, the real estate agents draft the contract.

Thus, part of the real estate agent's fee has to be considered as legal fees.

Czech Republic: Legal fees are quoted only for advocats, who are involved in about 70% of all land sales.

Denmark: On top of the buyer's lawyer's fee (flat fee of 1,013 €), we estimated the share of the legal services of the real estate agent as a flat fee of 500 € (same as in Finland and Sweden).



England: 1 British Pound (GPB) = 1,5 Euro

In England, an additional legal fee of 0.25% of the loan is allowed by Law Society Guidance.

However, it seems to be less common than in Scotland.

So we included a 0.1% in the average costs.

Finland: For Finland we estimate the legal fees as follows:

500.- Euro as part of the real estate agent's fee

(Lawyers would charge for the contract drafting between 150-700 Euro).

+ 353,2 Euro registration service of the bank for the mortgage

+ 77.- Euro notary (certification of signature)

Hungary: Legal fees are quoted only for advocats, who handle more than 95% of all land sales.

Netherlands: For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

The notariel fees quoted include only the authentication of the transfer deed ("levering") and the mortgage, not the drafting of the sales contract, because in 70% of all sales, the real estate agent just fills out a form contract.

Spain: The lawyer's fees comprise the civil law notary (648, 790 or 962 €) and the gestor administrativo (410, 632 or 660 €

respectively for the 100,000, 250,000 and 500,000 transaction value).

Sweden: For Sweden the legal fees comprise 500.- Euro (estimated part of the real estate agent's fee).



Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Transfer Costs for Conveyancing (with partial mortgage)



(calculated proportionally from the figures for a sale without and for a sale with a 100% mortgage)

100,000 € sales price + 70% mortgage cost/value relation percent of total costs percent of professional fees professional fees/value

100.000.- € 100.000.- € 100.000.- € 100.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

70% Austria 6,000 € n.r. 1,400 € 1,840 € 3,500 € 12,740 € 9,240 € 7,400 € 20.0% 12.74% 3.50% 1.84% 7.40% 27.47% 14.44% 58.08% 81.08% 18.92% 6.00% 1.40%

70% Belgium 3,000 € n.r. 1,987 € 505 € 12,270 € 17,762 € 5,492 € 4,987 € 21.0% 17.76% 12.27% 0.51% 4.99% 69.08% 2.84% 28.08% 60.16% 39.84% 3.00% 1.99%

70% Czech Rep. (solicitor) 5,000 € 350 € 850 € 17 € 0€ 6,217 € 6,217 € 6,200 € 19.0% 6.22% 0.00% 0.02% 6.20% 0.00% 0.27% 99.73% 80.65% 5.65% 13.71% 5.00% 0.35% 0.85%

70% Denmark 4,147 € 1,020 € 1,013 € 1,968 € 0€ 8,148 € 8,148 € 6,180 € 25.0% 8.15% 0.00% 1.97% 6.18% 0.00% 24.15% 75.85% 67.10% 16.50% 16.39% 4.15% 1.02% 1.01%

70% England 1,651 € 618 € 1,060 € 90 € 0€ 3,419 € 3,419 € 3,329 € 17.5% 3.42% 0.00% 0.09% 3.33% 0.00% 2.63% 97.37% 49.59% 18.56% 31.84% 1.65% 0.62% 1.06%

70% Finland 3,125 € 600 € 430 € 96 € 4,000 € 8,251 € 4,251 € 4,155 € 28.0% 8.25% 4.00% 0.10% 4.16% 48.48% 1.16% 50.36% 75.21% 14.44% 10.35% 3.13% 0.60% 0.43%

70% France 8,000 € 500 € 1,423 € 135 € 5,060 € 15,118 € 10,058 € 9,923 € 19.6% 15.12% 5.06% 0.14% 9.92% 33.47% 0.89% 65.64% 80.62% 5.04% 14.34% 8.00% 0.50% 1.42%

70% Germany 4,000 € n.r. 738 € 455 € 3,500 € 8,693 € 5,193 € 4,738 € 16.0% 8.69% 3.50% 0.45% 4.74% 40.26% 5.23% 54.50% 84.43% 15.57% 4.00% 0.74%

70% Greece 4,000 € 500 € 3,190 € 1,043 € 11,020 € 19,753 € 8,733 € 7,690 € 19.0% 19.75% 11.02% 1.04% 7.69% 55.79% 5.28% 38.93% 52.02% 6.50% 41.48% 4.00% 0.50% 3.19%

70% Hungary (solicitor) 4,000 € n.r. 1,728 € 49 € 5,420 € 11,197 € 5,777 € 5,728 € 20.0% 11.20% 5.42% 0.05% 5.73% 48.41% 0.44% 51.16% 69.83% 30.17% 4.00% 1.73%

70% Ireland 2,000 € 500 € 1,000 € 375 € 0€ 3,875 € 3,875 € 3,500 € 21.0% 3.88% 0.00% 0.38% 3.50% 0.00% 9.68% 90.32% 57.14% 14.29% 28.57% 2.00% 0.50% 1.00%

70% Italy 6,000 € n.r. 2,319 € 139 € 2,016 € 10,474 € 8,458 € 8,319 € 20.0% 10.47% 2.02% 0.14% 8.32% 19.24% 1.33% 79.43% 72.12% 27.88% 6.00% 2.32%

70% Netherlands 1,850 € n.r. 1,056 € 164 € 6,000 € 9,070 € 3,070 € 2,906 € 19.0% 9.07% 6.00% 0.16% 2.91% 66.15% 1.81% 32.04% 63.67% 36.33% 1.85% 1.06%

70% Poland 2,000 € 175 € 677 € 50 € 11,418 € 14,320 € 2,902 € 2,852 € 22.0% 14.32% 11.42% 0.05% 2.85% 79.73% 0.35% 19.92% 70.13% 6.14% 23.74% 2.00% 0.18% 0.68%

70% Portugal 3,750 € 193 € 510 € 220 € 1,220 € 5,892 € 4,672 € 4,453 € 21.0% 5.89% 1.22% 0.22% 4.45% 20.70% 3.73% 75.57% 84.21% 4.32% 11.46% 3.75% 0.19% 0.51%

70% Scotland 1,000 € 378 € 1,438 € 251 € 0€ 3,067 € 3,067 € 2,816 € 17.5% 3.07% 0.00% 0.25% 2.82% 0.00% 8.19% 91.81% 35.51% 13.42% 51.06% 1.00% 0.38% 1.44%

70% Slovakia 2,150 € 130 € 420 € 60 € 0€ 2,760 € 2,760 € 2,700 € 19.0% 2.76% 0.00% 0.06% 2.70% 0.00% 2.17% 97.83% 79.63% 4.81% 15.56% 2.15% 0.13% 0.42%

70% Slovenia 4,000 € n.r. 810 € 123 € 2,000 € 6,933 € 4,933 € 4,810 € 19.0% 6.93% 2.00% 0.12% 4.81% 28.85% 1.77% 69.38% 83.16% 16.84% 4.00% 0.81%

70% Spain 6,000 € 91 € 891 € 242 € 8,190 € 15,414 € 7,224 € 6,982 € 16.0% 15.41% 8.19% 0.24% 6.98% 53.13% 1.57% 45.30% 85.93% 1.30% 12.77% 6.00% 0.09% 0.89%

70% Sweden 3,600 € 400 € 0€ 118 € 2,900 € 7,018 € 4,118 € 4,000 € 25.0% 7.02% 2.90% 0.12% 4.00% 41.32% 1.68% 57.00% 90.00% 10.00% 0.00% 3.60% 0.40% 0.00%

average 3,764 € 420 € 1,147 € 397 € 3,926 € 9,506 € 5,580 € 5,183 € average 9.51% 3.93% 0.40% 5.18% 31.61% 4.48% 63.91% 71.11% 6.05% 22.84% 3.76% 0.42% 1.15%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 9.31%







250,000 € sales price + 70% mortgage cost/value relation percent of total costs percent of professional fees professional fees/value

250.000.- € 250.000.- € 250.000.- € 250.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

70% Austria 15,000 € n.r. 1,900 € 4,600 € 8,750 € 30,250 € 21,500 € 16,900 € 20.0% 12.10% 3.50% 1.84% 6.76% 28.93% 15.21% 55.87% 88.76% 11.24% 6.00% 0.76%

70% Belgium 7,500 € n.r. 3,081 € 1,140 € 30,675 € 42,396 € 11,721 € 10,581 € 21.0% 16.96% 12.27% 0.46% 4.23% 72.35% 2.69% 24.96% 70.88% 29.12% 3.00% 1.23%

70% Czech Rep. (solicitor) 10,000 € 350 € 850 € 17 € 0€ 11,217 € 11,217 € 11,200 € 19.0% 4.49% 0.00% 0.01% 4.48% 0.00% 0.15% 99.85% 89.29% 7.59% 4.00% 0.14% 0.34%

70% Denmark 7,747 € 1,020 € 1,013 € 4,443 € 0€ 14,223 € 14,223 € 9,780 € 25.0% 5.69% 0.00% 1.78% 3.91% 0.00% 31.24% 68.76% 79.21% 10.43% 10.36% 3.10% 0.41% 0.41%

70% England and Wales 3,579 € 683 € 1,345 € 225 € 2,520 € 8,352 € 5,832 € 5,607 € 17.5% 3.34% 1.01% 0.09% 2.24% 30.17% 2.69% 67.13% 63.84% 12.17% 23.99% 1.43% 0.27% 0.54%

70% Finland 7,813 € 600 € 430 € 96 € 10,000 € 18,938 € 8,938 € 8,843 € 28.0% 7.58% 4.00% 0.04% 3.54% 52.80% 0.51% 46.69% 88.35% 6.79% 4.86% 3.13% 0.24% 0.17%

70% France 17,500 € 500 € 2,949 € 338 € 12,650 € 33,936 € 21,286 € 20,949 € 19.6% 13.57% 5.06% 0.14% 8.38% 37.28% 0.99% 61.73% 83.54% 2.39% 14.08% 7.00% 0.20% 1.18%

70% Germany 10,000 € n.r. 1,459 € 950 € 8,750 € 21,159 € 12,409 € 11,459 € 16.0% 8.46% 3.50% 0.38% 4.58% 41.35% 4.49% 54.15% 87.27% 12.73% 4.00% 0.58%

70% Greece 10,000 € 500 € 6,490 € 2,565 € 28,000 € 47,555 € 19,555 € 16,990 € 19.0% 19.02% 11.20% 1.03% 6.80% 58.88% 5.39% 35.73% 58.86% 2.94% 38.20% 4.00% 0.20% 2.60%

70% Hungary (solicitor) 7,500 € n.r. 3,269 € 49 € 14,420 € 25,238 € 10,818 € 10,769 € 20.0% 10.10% 5.77% 0.02% 4.31% 57.14% 0.19% 42.67% 69.64% 30.36% 1.31%

70% Ireland 2,000 € 640 € 2,000 € 375 € 10,000 € 15,015 € 5,015 € 4,640 € 21.0% 6.01% 4.00% 0.15% 1.86% 66.60% 2.50% 30.90% 43.10% 13.79% 43.10% 0.80% 0.26% 0.80%

70% Italy 15,000 € n.r. 3,245 € 139 € 4,266 € 22,650 € 18,384 € 18,245 € 20.0% 9.06% 1.71% 0.06% 7.30% 18.83% 0.62% 80.55% 82.21% 17.79% 6.00% 1.30%

70% Netherlands 4,625 € n.r. 1,153 € 164 € 15,000 € 20,942 € 5,942 € 5,778 € 19.0% 8.38% 6.00% 0.07% 2.31% 71.63% 0.78% 27.59% 80.05% 19.95% 1.85% 0.46%

70% Poland 3,750 € 175 € 1,430 € 50 € 28,543 € 33,948 € 5,405 € 5,355 € 22.0% 13.58% 11.42% 0.02% 2.14% 84.08% 0.15% 15.77% 70.03% 3.27% 26.70% 1.50% 0.07% 0.57%

70% Portugal 9,375 € 193 € 616 € 220 € 3,050 € 13,453 € 10,403 € 10,184 € 21.0% 5.38% 1.22% 0.09% 4.07% 22.67% 1.63% 75.70% 92.06% 1.89% 6.05% 3.75% 0.08% 0.25%

70% Scotland 2,500 € 600 € 1,735 € 577 € 2,506 € 7,918 € 5,412 € 4,835 € 17.5% 3.17% 1.00% 0.23% 1.93% 31.65% 7.29% 61.06% 51.70% 12.41% 35.89% 1.00% 0.24% 0.69%

70% Slovakia 2,150 € 230 € 420 € 60 € 0€ 2,860 € 2,860 € 2,800 € 19.0% 1.14% 0.00% 0.02% 1.12% 0.00% 2.10% 97.90% 76.79% 8.21% 15.00% 0.86% 0.09% 0.17%

70% Slovenia 10,000 € n.r. 1,204 € 123 € 5,000 € 16,327 € 11,327 € 11,204 € 19.0% 6.53% 2.00% 0.05% 4.48% 30.62% 0.75% 68.62% 89.26% 10.74% 4.00% 0.48%

70% Spain 15,000 € 141 € 1,194 € 301 € 20,475 € 37,112 € 16,637 € 16,336 € 16.0% 14.84% 8.19% 0.12% 6.53% 55.17% 0.81% 44.02% 91.82% 0.87% 7.31% 6.00% 0.06% 0.48%

70% Sweden 7,800 € 400 € 0€ 118 € 7,250 € 15,568 € 8,318 € 8,200 € 25.0% 6.23% 2.90% 0.05% 3.28% 46.57% 0.76% 52.67% 95.12% 4.88% 0.00% 3.12% 0.16% 0.00%

average 8,442 € 464 € 1,789 € 827 € 10,593 € 21,953 € 11,360 € 10,533 € average 8.78% 4.24% 0.33% 4.21% 40.34% 4.05% 55.62% 77.59% 4.00% 18.25% 3.23% 0.19% 0.72%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 6.16%





1 British Pound (GPB) = 1,5 Euro; 1 SKK (Slovac Rep.) = 0,027 Euro

In Belgium, a medium tax rate of 11,5% was formed from the differing rates in Brussels, Flanders and Wallonia.

For Italy the fees mentioned are based on the statutorily fixed tarif for notaries, which has been abolished in the summer of 2006. New data are not yet available.

For Italy, we applied for 100.000.- up to 500.000.- € the first home tax rate of 3% (of the fiscal value of half of the purchase price).

For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

For the Nordic countries, the legal services by the Nordic real estate agents are figured as part of their respective fee, not in the column for the lawyers' fees.

500,000 € sales price + 70% mortgage cost/value relation percent of total costs percent of professional fees professional fees/value

500.000.- € 500.000.- € 500.000.- € 500.000.- €

Country Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

70% Austria 30,000 € n.r. 2,900 € 9,200 € 17,500 € 59,600 € 42,100 € 32,900 € 20.0% 11.92% 3.50% 1.84% 6.58% 29.36% 15.44% 55.20% 91.19% 8.81% 6.00% 0.58%

70% Belgium 15,000 € n.r. 3,304 € 2,000 € 61,350 € 81,654 € 20,304 € 18,304 € 21.0% 16.33% 12.27% 0.40% 3.66% 75.13% 2.45% 22.42% 81.95% 18.05% 3.00% 0.66%

70% Czech Rep. (solicitor) 15,000 € 500 € 850 € 17 € 0€ 16,367 € 16,367 € 16,350 € 19.0% 3.27% 0.00% 0.00% 3.27% 0.00% 0.10% 99.90% 91.74% 3.06% 5.20% 3.00% 0.10% 0.17%

70% Denmark 13,747 € 1,020 € 1,013 € 8,568 € 0€ 24,348 € 24,348 € 15,780 € 25.0% 4.87% 0.00% 1.71% 3.16% 0.00% 35.19% 64.81% 87.12% 6.46% 6.42% 2.75% 0.20% 0.20%

70% England 7,001 € 833 € 1,700 € 330 € 15,075 € 24,939 € 9,864 € 9,534 € 17.5% 4.99% 3.02% 0.07% 1.91% 60.45% 1.32% 38.23% 73.44% 8.73% 17.83% 1.40% 0.17% 0.34%

70% Finland 15,625 € 600 € 430 € 96 € 20,000 € 36,751 € 16,751 € 16,655 € 28.0% 7.35% 4.00% 0.02% 3.33% 54.42% 0.26% 45.32% 93.82% 3.60% 2.58% 3.13% 0.12% 0.09%

70% France 30,000 € 500 € 5,493 € 675 € 25,300 € 61,968 € 36,668 € 35,993 € 19.6% 12.39% 5.06% 0.14% 7.20% 40.83% 1.09% 58.08% 83.35% 1.39% 15.26% 6.00% 0.10% 1.10%

70% Germany 20,000 € n.r. 2,627 € 1,776 € 17,500 € 41,903 € 24,403 € 22,627 € 16.0% 8.38% 3.50% 0.36% 4.53% 41.76% 4.24% 54.00% 88.39% 11.61% 4.00% 0.53%

70% Greece 20,000 € 500 € 11,990 € 5,113 € 56,300 € 93,903 € 37,603 € 32,490 € 19.0% 18.78% 11.26% 1.02% 6.50% 59.96% 5.44% 34.60% 61.56% 1.54% 36.90% 4.00% 0.10% 2.40%

70% Hungary (solicitor) 15,000 € n.r. 4,645 € 49 € 29,420 € 49,114 € 19,694 € 19,645 € 20.0% 9.82% 5.88% 0.01% 3.93% 59.90% 0.10% 40.00% 76.36% 23.64% 0.93%

70% Ireland 6,500 € 600 € 4,000 € 625 € 37,500 € 49,225 € 11,725 € 11,100 € 21.0% 9.85% 7.50% 0.13% 2.22% 76.18% 1.27% 22.55% 58.56% 5.41% 36.04% 1.30% 0.12% 0.80%

70% Italy 30,000 € n.r. 4,745 € 139 € 8,016 € 42,900 € 34,884 € 34,745 € 20.0% 8.58% 1.60% 0.03% 6.95% 18.68% 0.32% 80.99% 86.34% 13.66% 6.00% 0.95%

70% Netherlands 9,250 € n.r. 1,849 € 164 € 30,000 € 41,263 € 11,263 € 11,099 € 19.0% 8.25% 6.00% 0.03% 2.22% 72.70% 0.40% 26.90% 83.34% 16.66% 1.85% 0.37%

70% Poland 6,250 € 175 € 2,050 € 50 € 57,088 € 65,613 € 8,525 € 8,475 € 22.0% 13.12% 11.42% 0.01% 1.70% 87.01% 0.08% 12.92% 73.75% 2.06% 24.19% 1.25% 0.04% 0.41%

70% Portugal 18,750 € 193 € 616 € 220 € 6,100 € 25,878 € 19,778 € 19,559 € 21.0% 5.18% 1.22% 0.04% 3.91% 23.57% 0.85% 75.58% 95.87% 0.98% 3.15% 3.75% 0.04% 0.12%

70% Scotland 5,000 € 741 € 2,328 € 838 € 15,036 € 23,943 € 8,907 € 8,069 € 17.5% 4.79% 3.01% 0.17% 1.61% 62.80% 3.50% 33.70% 61.97% 9.18% 28.85% 1.00% 0.15% 0.47%

70% Slovakia 2,150 € 300 € 420 € 60 € 0€ 2,930 € 2,930 € 2,870 € 19.0% 0.59% 0.00% 0.01% 0.57% 0.00% 2.05% 97.95% 74.91% 10.45% 14.63% 0.43% 0.06% 0.08%

70% Slovenia 20,000 € n.r. 1,377 € 123 € 10,000 € 31,500 € 21,500 € 21,377 € 19.0% 6.30% 2.00% 0.02% 4.28% 31.75% 0.39% 67.86% 93.56% 6.44% 4.00% 0.28%

70% Spain 30,000 € 219 € 1,364 € 384 € 40,950 € 72,918 € 31,968 € 31,583 € 16.0% 14.58% 8.19% 6.32% 56.16% 43.31% 94.99% 0.69% 4.32% 6.00% 0.04% 0.27%

70% Sweden 12,800 € 400 € 0€ 118 € 14,500 € 27,818 € 13,318 € 13,200 € 25.0% 5.56% 2.90% 0.02% 2.64% 52.12% 0.42% 47.45% 96.97% 3.03% 0.00% 2.56% 0.08% 0.00%

average 16,104 € 506 € 2,685 € 1,527 € 23,082 € 43,727 € 20,645 € 19,118 € average 8.75% 4.62% 0.30% 3.82% 45.14% 3.75% 51.09% 82.46% 2.83% 14.71% 3.07% 0.10% 0.54%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical 4.35%









average transaction price + 70% mortgage cost/value relation percent of total costs percent of professional fees professional fees/value

average transaction price average transaction price average transaction price average transaction price

average price Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs cost excl tax prof. fees VAT total cost tax register prof. fee tax register prof. fee agent techn. lawyer agent techn. lawyer

70% AU 150,000 € 9,000 € n.r. 1,567 € 2,760 € 5,250 € 18,577 € 13,327 € 10,567 € 20.0% 12.38% 3.50% 1.84% 7.04% 28.26% 14.86% 56.88% 85.17% 14.83% 6.00% 1.04%

70% BE 167,000 € 5,010 € n.r. 2,475 € 789 € 21,042 € 29,316 € 8,274 € 7,485 € 21.0% 17.55% 12.60% 0.47% 4.48% 71.78% 2.69% 25.53% 66.93% 33.07% 3.00% 1.48%

70% CZ 100,000 € 5,000 € 350 € 850 € 17 € 0€ 6,217 € 6,217 € 6,200 € 19.0% 6.22% 0.00% 0.02% 6.20% 0.00% 0.27% 99.73% 80.65% 5.65% 13.71% 5.00% 0.35% 0.85%

70% DK 221,743 € 7,069 € 1,020 € 1,013 € 3,977 € 0€ 13,078 € 13,078 € 9,102 € 25.0% 5.90% 0.00% 1.79% 4.10% 0.00% 30.41% 69.59% 77.66% 11.21% 11.13% 3.19% 0.46% 0.46%

70% EN 297,750 € 4,233 € 711 € 1,413 € 245 € 4,918 € 11,520 € 6,602 € 6,357 € 17.5% 3.87% 1.65% 0.08% 2.13% 42.69% 2.13% 55.18% 66.59% 11.19% 22.23% 1.42% 0.24% 0.47%

70% FI 123,756 € 3,867 € 600 € 430 € 96 € 4,950 € 9,943 € 4,993 € 4,897 € 28.0% 8.03% 4.00% 0.08% 3.96% 49.78% 0.96% 49.25% 78.97% 12.25% 8.78% 3.13% 0.48% 0.35%

70% FR 226,630 € 16,020 € 500 € 2,711 € 306 € 11,467 € 31,004 € 19,537 € 19,231 € 19.6% 13.68% 5.06% 0.14% 8.49% 36.99% 0.99% 62.03% 83.30% 2.60% 14.10% 7.07% 0.22% 1.20%

70% DE 130,863 € 5,235 € n.r. 886 € 557 € 4,580 € 11,257 € 6,677 € 6,120 € 16.0% 8.60% 3.50% 0.43% 4.68% 40.69% 4.95% 54.37% 85.53% 14.47% 4.00% 0.68%

70% EL 130,000 € 5,200 € 500 € 3,850 € 1,323 € 14,729 € 25,602 € 10,873 € 9,550 € 19.0% 19.69% 11.33% 1.02% 7.35% 57.53% 5.17% 37.30% 54.45% 5.24% 40.31% 4.00% 0.38% 2.96%

70% HU 100,000 € 6,500 € n.r. 1,728 € 49 € 5,420 € 13,697 € 8,277 € 8,228 € 20.0% 13.70% 5.42% 0.05% 8.23% 39.57% 0.36% 60.07% 79.00% 21.00% 6.50% 1.73%

70% IR 303,310 € 2,960 € 631 € 2,426 € 428 € 15,864 € 22,310 € 6,446 € 6,018 € 21.0% 7.36% 5.23% 0.14% 1.98% 71.11% 1.92% 26.97% 49.18% 10.49% 40.32% 0.98% 0.21% 0.80%

70% IT 129,532 € 7,772 € n.r. 2,501 € 139 € 2,459 € 12,871 € 10,412 € 10,273 € 20.0% 9.94% 1.90% 0.11% 7.93% 19.10% 1.08% 79.82% 75.65% 24.35% 6.00% 1.93%

70% NL 202,000 € 3,737 € n.r. 1,122 € 164 € 12,120 € 17,143 € 5,023 € 4,859 € 19.0% 8.49% 6.00% 0.08% 2.41% 70.70% 0.96% 28.34% 76.91% 23.09% 1.85% 0.56%

70% PL 100,000 € 2,000 € 175 € 677 € 50 € 12,018 € 14,920 € 2,902 € 2,852 € 22.0% 14.92% 12.02% 0.05% 2.85% 80.55% 0.34% 19.12% 70.13% 6.14% 23.74% 2.00% 0.18% 0.68%

70% PT 100,000 € 3,750 € 193 € 510 € 220 € 1,220 € 5,892 € 4,672 € 4,453 € 21.0% 5.89% 1.22% 0.22% 4.45% 20.70% 3.73% 75.57% 84.21% 4.32% 11.46% 3.75% 0.19% 0.51%

70% SC 193,860 € 1,939 € 517 € 1,624 € 455 € 1,939 € 6,473 € 4,535 € 4,080 € 17.5% 3.34% 1.00% 0.23% 2.10% 29.95% 7.03% 63.02% 47.52% 12.67% 39.81% 1.00% 0.27% 0.84%

70% SK 100,000 € 2,150 € 1,020 € 420 € 60 € 0€ 3,650 € 3,650 € 3,590 € 19.0% 3.65% 0.00% 0.06% 3.59% 0.00% 1.64% 98.36% 59.89% 28.41% 11.70% 2.15% 1.02% 0.42%

70% SL 100,000 € 4,000 € n.r. 810 € 123 € 2,000 € 6,933 € 4,933 € 4,810 € 19.0% 6.93% 2.00% 0.12% 4.81% 28.85% 1.77% 69.38% 83.16% 16.84% 4.00% 0.81%

70% ES 172,630 € 10,358 € 115 € 1,038 € 271 € 14,138 € 25,920 € 11,782 € 11,511 € 16.0% 15.01% 8.19% 0.16% 6.67% 54.55% 1.04% 44.41% 89.98% 1.00% 9.02% 6.00% 0.07% 0.60%

70% SW 147,500 € 4,930 € 400 € 0€ 118 € 4,278 € 9,726 € 5,448 € 5,330 € 25.0% 6.59% 2.90% 0.08% 3.61% 43.98% 1.21% 54.80% 92.50% 7.50% 0.00% 3.34% 0.27% 0.00%

average av. 159,829 € 5,536 € 337 € 1,403 € 607 € 6,920 € 14,802 € 7,883 € 7,276 € average 9.59% 4.38% 0.36% 4.85% 39.34% 4.17% 56.49% 74.37% 5.93% 19.70% 3.72% 0.33% 0.92%

total number of countries: 20 number of countries with data for technical services: 13 countries with technical services 9.13%

Nordic countries: agent/lawyer in italics

Remarks: Estimated average prices are in italics.

For the national average price of residential buildings, the figures for apartments and houses have been given equal weight.

Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).

Professional Fees for Legal Services for Conveyancing (including 70% mortgage)





Legal services average price estimated Price GNP net fee for average price legal fee percent of transaction value real estate agent indexed fee/av. price

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net 100,000 € 250,000 € 500,000 € average 100,000 € 250,000 € 500,000 € average price net

Country apartment 2005 manufacture level person earnings price Country price level earnings

Austria notary 1,400 € 1,900 € 2,900 € 150,000 € 1,567 € 102.9% 103.7% 28,009 € 1,523 € 1,511 € 1,277 € 1.40% 0.76% 0.58% 1.04% Austria 6,000 € 15,000 € 30,000 € 9,000 € 8,746 € 7,335 €

Belgium notary 1,987 € 3,081 € 3,304 € 167,000 € 2,475 € 104.3% 103.3% 28,324 € 2,373 € 2,396 € 1,995 € 1.99% 1.23% 0.66% 1.48% Belgium 3,000 € 7,500 € 15,000 € 5,010 € 4,803 € 4,038 €

Czech Rep. (solicitor)

lawyer 850 € 850 € 850 € 100,000 € 850 € 57.8% 73.8% 7,337 € 1,471 € 1,152 € 2,645 € 0.85% 0.34% 0.17% 0.85% Czech Rep. (solicitor) €

5,000 10,000 € 15,000 € 5,000 € 8,651 € 15,556 €

Denmark Nordic 1,513 € 1,513 € 1,513 € 221,743 € 1,513 € 135.8% 132.1% 31,202 € 1,114 € 1,145 € 1,107 € 1.51% 0.61% 0.30% 0.68% Denmark 4,147 € 7,747 € 13,747 € 7,069 € 5,205 € 5,171 €

England lawyer 1,060 € 1,345 € 1,700 € 297,750 € 1,413 € 104.9% 108.8% 33,688 € 1,347 € 1,299 € 957 € 1.06% 0.54% 0.34% 0.47% England 1,651 € 3,579 € 7,001 € 4,233 € 4,035 € 2,868 €

Finland Nordic 930 € 930 € 930 € 123,756 € 930 € 122.0% 112.8% 25,006 € 762 € 824 € 849 € 0.93% 0.37% 0.19% 0.75% Finland 3,125 € 7,813 € 15,625 € 3,867 € 3,170 € 3,530 €

France notary 1,423 € 2,949 € 5,493 € 226,630 € 2,711 € 108.5% 106.9% 25,050 € 2,499 € 2,536 € 2,471 € 1.42% 1.18% 1.10% 1.20% France 8,000 € 17,500 € 30,000 € 16,020 € 14,765 € 14,598 €

Germany notary 738 € 1,459 € 2,627 € 130,863 € 886 € 104.1% 106.0% 31,916 € 851 € 836 € 634 € 0.74% 0.58% 0.53% 0.68% Germany 4,000 € 10,000 € 20,000 € 5,235 € 5,028 € 3,744 €

Greece hybrid 3,190 € 6,490 € 11,990 € 130,000 € 3,850 € 87.8% 84.9% 17,140 € 4,385 € 4,535 € 5,127 € 3.19% 2.60% 2.40% 2.96% Greece 4,000 € 10,000 € 20,000 € 5,200 € 5,923 € 6,925 €

Hungary (solicitor) hybrid 1,728 € 3,269 € 4,645 € 100,000 € 1,728 € 63.6% 61.1% 5,848 € 2,717 € 2,828 € 6,745 € 1.73% 1.31% 0.93% 1.73% 4,000 €

Hungary (solicitor) 7,500 € 15,000 € 6,500 € 10,220 € 25,372 €

Ireland lawyer 1,000 € 2,000 € 4,000 € 303,310 € 2,426 € 123.4% 120.4% 32,233 € 1,966 € 2,015 € 1,718 € 1.00% 0.80% 0.80% 0.80% Ireland 2,000 € 2,000 € 6,500 € 2,960 € 2,398 € 2,096 €

Italy notary 2,319 € 3,245 € 4,745 € 129,532 € 2,501 € 102.6% 100.6% 19,636 € 2,438 € 2,486 € 2,908 € 2.32% 1.30% 0.95% 1.93% Italy 6,000 € 15,000 € 30,000 € 7,772 € 7,575 € 9,035 €

Netherlands notary (deregulated) 1,056 € 1,153 € 1,849 € 202,000 € 1,122 € 105.2% 106.4% 29,554 € 1,066 € 1,054 € 866 € 1.06% 0.46% 0.37% 0.56% Netherlands 1,850 € 4,625 € 9,250 € 3,737 € 3,552 € 2,886 €

Poland notary 677 € 1,430 € 2,050 € 100,000 € 677 € 59.6% 54.6% 5,200 € 1,136 € 1,240 € 2,972 € 0.68% 0.57% 0.41% 0.68% Poland 2,000 € 3,750 € 6,250 € 2,000 € 3,356 € 8,780 €

Portugal notary 510 € 616 € 616 € 100,000 € 510 € 85.2% 71.3% 12,086 € 599 € 716 € 964 € 0.51% 0.25% 0.12% 0.51% Portugal 3,750 € 9,375 € 18,750 € 3,750 € 4,401 € 7,083 €

Scotland lawyer 1,438 € 1,735 € 2,328 € 193,860 € 1,624 € 104.9% 108.8% 33,688 € 1,548 € 1,493 € 1,100 € 1.44% 0.69% 0.47% 0.84% Scotland 1,000 € 2,500 € 5,000 € 1,939 € 1,848 € 1,314 €

Slovakia lawyer 420 € 420 € 420 € 100,000 € 420 € 57.6% 55.0% 5,445 € 729 € 764 € 1,761 € 0.42% 0.17% 0.08% 0.42% Slovakia 2,150 € 2,150 € 2,150 € 2,150 € 3,733 € 9,013 €

Slovenia notary 810 € 1,204 € 1,377 € 100,000 € 810 € 76.4% 73.1% 8,901 € 1,060 € 1,108 € 2,077 € 0.81% 0.48% 0.28% 0.81% Slovenia 4,000 € 10,000 € 20,000 € 4,000 € 5,236 € 10,258 €

Spain notary 891 € 1,194 € 1,364 € 172,630 € 1,038 € 90.0% 90.2% 18,004 € 1,153 € 1,151 € 1,316 € 0.89% 0.48% 0.27% 0.60% Spain 6,000 € 15,000 € 30,000 € 10,358 € 11,509 € 13,132 €

Sweden Nordic 500 € 500 € 500 € 147,500 € 500 € 120.6% 118.7% 25,479 € 415 € 421 € 448 € 0.50% 0.20% 0.10% 0.34% Sweden 3,600 € 7,800 € 12,800 € 4,930 € 4,088 € 4,417 €

average 1,222 € 1,864 € 2,760 € 159,829 € 1,478 € 21,187 € 1,558 € 1,576 € 1,997 € 1.22% 0.75% 0.55% 0.97% average 3,764 € 8,442 € 16,104 € 5,536 € 5,912 € 7,858 €

total number of countries 20 Isles countries 0.68% # countries 20

East countries 0.57%

Rest countries 0.80%

Professional Fees for Legal Services for Conveyancing (including 70% mortgage) using net earnings



Legal services average price estimated Price GNP net fee for average price percent of transaction value

Regulatory system 100,000 € 250,000 € 500,000 €

residential house/ fee level per person earnings price GNP per net USING NET EARNINGS average indexed by

Country apartment 2005 level person earnings 100,000 € 250,000 € 500,000 € price price levelnet earnings

Austria notary 1,400 € 1,900 € 2,900 € 150,000 € 1,567 € 102.9% 103.7% 28,009 € 1,523 € 1,511 € 1,317 € 1.18% 0.64% 0.49% 1.04% 1.02% 0.88%

Belgium notary 1,987 € 3,081 € 3,304 € 167,000 € 2,475 € 104.3% 103.3% 28,324 € 2,373 € 2,396 € 2,058 € 1.65% 1.02% 0.55% 1.48% 1.42% 1.23%

Czech Rep. (solicitor)

lawyer 850 € 850 € 850 € 100,000 € 850 € 57.8% 73.8% 7,337 € 1,471 € 1,152 € 2,728 € 2.73% 1.09% 0.55% 0.85% 1.47% 2.73%

Denmark Nordic 1,513 € 1,513 € 1,513 € 221,743 € 1,513 € 135.8% 132.1% 31,202 € 1,114 € 1,145 € 1,142 € 1.14% 0.46% 0.23% 0.68% 0.50% 0.51%

England/Wales lawyer 1,060 € 1,345 € 1,700 € 297,750 € 1,413 € 104.9% 108.8% 33,688 € 1,347 € 1,299 € 988 € 0.74% 0.38% 0.24% 0.47% 0.45% 0.33%

Finland Nordic 930 € 930 € 930 € 123,756 € 930 € 122.0% 112.8% 25,006 € 762 € 824 € 876 € 0.88% 0.35% 0.18% 0.75% 0.62% 0.71%

France notary 1,423 € 2,949 € 5,493 € 226,630 € 2,711 € 108.5% 106.9% 25,050 € 2,499 € 2,536 € 2,549 € 1.34% 1.11% 1.03% 1.20% 1.10% 1.12%

Germany notary 738 € 1,459 € 2,627 € 130,863 € 886 € 104.1% 106.0% 31,916 € 851 € 836 € 654 € 0.54% 0.43% 0.39% 0.68% 0.65% 0.50%

Greece hybrid 3,190 € 6,490 € 11,990 € 130,000 € 3,850 € 87.8% 84.9% 17,140 € 4,385 € 4,535 € 5,290 € 4.38% 3.57% 3.29% 2.96% 3.37% 4.07%

Hungary (solicitor) hybrid 1,728 € 3,269 € 4,645 € 100,000 € 1,728 € 63.6% 61.1% 5,848 € 2,717 € 2,828 € 6,959 € 6.96% 5.27% 3.74% 1.73% 2.72% 6.96%

Ireland lawyer 1,000 € 2,000 € 4,000 € 303,310 € 2,426 € 123.4% 120.4% 32,233 € 1,966 € 2,015 € 1,773 € 0.73% 0.58% 0.58% 0.80% 0.65% 0.58%

Italy notary 2,319 € 3,245 € 4,745 € 129,532 € 2,501 € 102.6% 100.6% 19,636 € 2,438 € 2,486 € 3,000 € 2.78% 1.56% 1.14% 1.93% 1.88% 2.32%

Netherlands notary (deregulated) 1,056 € 1,153 € 1,849 € 202,000 € 1,122 € 105.2% 106.4% 29,554 € 1,066 € 1,054 € 894 € 0.84% 0.37% 0.29% 0.56% 0.53% 0.44%

Poland notary 677 € 1,430 € 2,050 € 100,000 € 677 € 59.6% 54.6% 5,200 € 1,136 € 1,240 € 3,066 € 3.07% 2.59% 1.86% 0.68% 1.14% 3.07%

Portugal notary 510 € 616 € 616 € 100,000 € 510 € 85.2% 71.3% 12,086 € 599 € 716 € 995 € 0.99% 0.48% 0.24% 0.51% 0.60% 0.99%

Scotland lawyer 1,438 € 1,735 € 2,328 € 193,860 € 1,624 € 104.9% 108.8% 33,688 € 1,548 € 1,493 € 1,135 € 1.01% 0.49% 0.33% 0.84% 0.80% 0.59%

Slovakia lawyer 420 € 420 € 420 € 100,000 € 420 € 57.6% 55.0% 5,445 € 729 € 764 € 1,817 € 1.82% 0.73% 0.36% 0.42% 0.73% 1.82%

Slovenia notary 810 € 1,204 € 1,377 € 100,000 € 810 € 76.4% 73.1% 8,901 € 1,060 € 1,108 € 2,143 € 2.14% 1.27% 0.73% 0.81% 1.06% 2.14%

Spain notary 891 € 1,194 € 1,364 € 172,630 € 1,038 € 90.0% 90.2% 18,004 € 1,153 € 1,151 € 1,358 € 1.17% 0.62% 0.36% 0.60% 0.67% 0.79%

Sweden Nordic 500 € 500 € 500 € 147,500 € 500 € 120.6% 118.7% 25,479 € 415 € 421 € 462 € 0.46% 0.18% 0.09% 0.34% 0.28% 0.31%

average 1,222 € 1,864 € 2,760 € 159,829 € 1,478 € 21,187 € 1,558 € 1,576 € 2,060 € 1.83% 1.16% 0.83% 0.97%

total number of countries 20 Isles 0.48%

EU 25 23550 EastE 2.19%

WestE 0.82%

Comparison of systems

% of ave. % of ave.

Legal services average price estimated Price GNP net indexed average price percent of transaction value price price indexed

Regulatory system 100,000 € 250,000 € 500,000 € resident.house/fee for average price

level per person price indexed by price level by GNP/person

ave. indexed

earnings ave. price indexed by net earnings USING NET INCOME indexed by by net

apartment price (ap) 2005 100,000 € 250,000 € 500,000 € % average price price level earnings

Scandinavian countries 981 € 981 € 981 € 164,333 € 981 € 126.13% 121.20% 27,229 € 764 € 797 € 827 € 0.83% 0.33% 0.17% 0.59% 0.47% 0.51%

Lawyer countries 954 € 1,270 € 1,860 € 198,984 € 1,347 € 89.72% 93.36% 22,478 € 1,412 € 1,344 € 1,688 € 1.40% 0.65% 0.41% 0.68% 0.82% 1.21%

Netherlands 1,056 € 1,153 € 1,849 € 202,000 € 1,122 € 105.20% 106.40% 29,554 € 1,066 € 1,054 € 894 € 0.84% 0.37% 0.29% 0.56% 0.53% 0.44%

civil law notaries 1,195 € 1,897 € 2,720 € 141,850 € 1,464 € 92.62% 89.97% 19,681 € 1,515 € 1,553 € 1,904 € 1.65% 1.08% 0.75% 0.99% 1.06% 1.45%

country average (incl. Greece) 1,222 € 1,864 € 2,760 € 159,829 € 1,478 € 1,558 € 1,576 € 2,060 € 1.83% 1.16% 0.83% 0.97%

country average (excl. Greece) 1,105 € 1,529 € 2,143 € 164,810 € 1,332 €

Remarks: Estimated average prices are in italics.

Price levell 2005 from Eurostat, internet database (compared to EU 25)

Net earning: One-earner married couple, at 100% of AW, with two children - Manufacturing

Nordic: In Denmark, Finland and Sweden, the real estate agents draft the contract.

Thus, part of the real estate agent's fee has to be considered as legal fees.

Czech Republic: Legal fees are quoted only for advocats, who are involved in about 70% of all land sales.

Denmark: On top of the buyer's lawyer's fee (flat fee of 1,013 €), we estimated the share of the legal services of the real estate agent as a flat fee of 500 € (same as in Finland and Sweden).



England: 1 British Pound (GPB) = 1,5 Euro

raw data used from: Woolwich and University of Greenwich School of Architecture and Construction (2006), Cost of Moving Home Survey 2006,

available at: www.newsroom.barclays.co.uk/imagelibrary/detail.asp?MediaDetailsID=4633

England solicitors' fees and land register does not include search fee (flat fee of 207 GPB = 311 Euro).

Finland: For Finland we estimate the legal fees as follows:

500.- Euro as part of the real estate agent's fee

(Lawyers would charge for the contract drafting between 150-700 Euro).

+ 77.- Euro notary (certification of signature) and banking fee for the mortgage: 353€

Hungary: Legal fees are quoted only for advocats, who handle more than 95% of all land sales.

Netherlands: For the Netherlands, notarial fees were estimated based on: http://www.degoedkoopstenotaris.nl/ (using the second lowest and the second highest quote for Amsterdam for 136,000 € and 226,000 €), own estimates for 500,000 €.

The notariel fees quoted include only the authentication of the transfer deed ("levering") and the mortgage, not the drafting of the sales contract, because in 70% of all sales, the real estate agent just fills out a form contract.

Spain: The lawyer's fees comprise the civil law notary (269, 347 or 443 €) and the gestor administrativo (210, 316 or 330 €

respectively for the 100,000, 250,000 and 500,000 transaction value).

Sweden: For Sweden the legal fees comprise 500.- Euro (estimated part of the real estate agent's fee).



Fees for the average price have been calculated proportionaly according to the data stated for the closest fee levels (100,000 €, 250,000 € or 500,000 €).





excluding hybrid countries sorted by increasing regulation Index

Legal fee as a percentage of transaction value percent of transaction value MERI percent of transaction value MERI percent of transaction value

ADJUSTED BY NET INCOME ADJUSTED BY NET INCOME +MCRI ADJUSTED BY NET INCOME average +MCRI ADJUSTED BY NET INCOME average

Country 100,000 € 250,000 € 500,000 € Country 100,000 € 250,000 € 500,000 € Country MII 100,000 € 250,000 € 500,000 € price Country MII 100,000 € 250,000 € 500,000 € price

Sweden 0.46% 0.18% 0.09% Austria AT 1.18% 0.64% 0.49% Austria 11.010 1.18% 0.64% 0.49% 1.04% Finland 0.450 0.88% 0.35% 0.18% 0.75%

Germany 0.54% 0.43% 0.39% Belgium BE 1.65% 1.02% 0.55% Belgium 14.695 1.65% 1.02% 0.55% 1.48% Sweden 1.172 0.46% 0.18% 0.09% 0.34%

Ireland 0.73% 0.58% 0.58% Czech Rep. CZ 2.73% 1.09% 0.55% Czech Republic 9.395 2.73% 1.09% 0.55% 0.85% England/Wales 2.762 0.74% 0.38% 0.24% 0.47%

England/Wales 0.74% 0.38% 0.24% Denmark DK 1.14% 0.46% 0.23% Denmark 2.788 1.14% 0.46% 0.23% 0.68% Denmark 2.788 1.14% 0.46% 0.23% 0.68%

Netherlands 0.84% 0.37% 0.29% England/WalesEW 0.74% 0.38% 0.24% England/Wales 2.762 0.74% 0.38% 0.24% 0.47% Scotland 2.903 1.01% 0.49% 0.33% 0.84%

Finland 0.88% 0.35% 0.18% Finland FI 0.88% 0.35% 0.18% Finland 0.450 0.88% 0.35% 0.18% 0.75% Ireland 3.285 0.73% 0.58% 0.58% 0.80%

Portugal 0.99% 0.48% 0.24% France FI 1.34% 1.11% 1.03% France 14.270 1.34% 1.11% 1.03% 1.20% Slovakia 5.798 1.82% 0.73% 0.36% 0.42%

Scotland 1.01% 0.49% 0.33% Germany G 0.54% 0.43% 0.39% Germany 14.208 0.54% 0.43% 0.39% 0.68% Netherlands 7.055 0.84% 0.37% 0.29% 0.56%

Denmark 1.14% 0.46% 0.23% Greece GR 4.38% 3.57% 3.29% Greece 18.000 Czech Republic 9.395 2.73% 1.09% 0.55% 0.85%

Spain 1.17% 0.62% 0.36% Hungary HU 6.96% 5.27% 3.74% Hungary 9.565 Hungary 9.565

Austria 1.18% 0.64% 0.49% Ireland IR 0.73% 0.58% 0.58% Ireland 3.285 0.73% 0.58% 0.58% 0.80% Austria 11.010 1.18% 0.64% 0.49% 1.04%

France 1.34% 1.11% 1.03% Italy IT 2.78% 1.56% 1.14% Italy 14.060 2.78% 1.56% 1.14% 1.93% Slovenia 11.855 2.14% 1.27% 0.73% 0.81%

Belgium 1.65% 1.02% 0.55% Netherlands NL 0.84% 0.37% 0.29% Netherlands 7.055 0.84% 0.37% 0.29% 0.56% Spain 13.995 1.17% 0.62% 0.36% 0.60%

Slovakia 1.82% 0.73% 0.36% Poland PL 3.07% 2.59% 1.86% Poland 14.295 3.07% 2.59% 1.86% 0.68% Italy 14.060 2.78% 1.56% 1.14% 1.93%

Slovenia 2.14% 1.27% 0.73% Portugal PT 0.99% 0.48% 0.24% Portugal 14.975 0.99% 0.48% 0.24% 0.51% Germany 14.208 0.54% 0.43% 0.39% 0.68%

Czech Rep. 2.73% 1.09% 0.55% Scotland SC 1.01% 0.49% 0.33% Scotland 2.903 1.01% 0.49% 0.33% 0.84% France 14.270 1.34% 1.11% 1.03% 1.20%

Italy 2.78% 1.56% 1.14% Slovakia SK 1.82% 0.73% 0.36% Slovakia 5.798 1.82% 0.73% 0.36% 0.42% Poland 14.295 3.07% 2.59% 1.86% 0.68%

Poland 3.07% 2.59% 1.86% Slovenia SI 2.14% 1.27% 0.73% Slovenia 11.855 2.14% 1.27% 0.73% 0.81% Belgium 14.695 1.65% 1.02% 0.55% 1.48%

Greece 4.38% 3.57% 3.29% Spain ES 1.17% 0.62% 0.36% Spain 13.995 1.17% 0.62% 0.36% 0.60% Portugal 14.975 0.99% 0.48% 0.24% 0.51%

Hungary 6.96% 5.27% 3.74% Sweden SW 0.46% 0.18% 0.09% Sweden 1.172 0.46% 0.18% 0.09% 0.34% Greece 18.000

average 1.83% 1.16% 0.83% average 1.83% 1.16% 0.83%

Correlations

MERI MII 100000 250000 500000 price R2

+MCRI MII 1 1

MERI MII 100000 0.466127 1 0.217275

+MCRI average 1.47 250000 0.560319 0.88653 1 0.313958

MII 100,000 € 250,000 € 500,000 € price 4.83 500000 0.549421 0.75964 0.959071 1 0.301864

Nordic countries 1.47 0.83% 0.33% 0.17% 0.59% 7.06 price 0.449034 0.45896 0.427702 0.456679 1 0.201631

Lawyer countries 4.83 1.40% 0.65% 0.41% 0.68% 13.71

Netherlands 7.06 0.84% 0.37% 0.29% 0.56%

Civil law notaries 13.71 1.65% 1.08% 0.75% 0.99%

Transaction costs for 100,000 € and 250,000 € (including 70% mortgage)

Transaction costs for various price levels (including 70% mortgage)

Real e.agent Technical s. Lawyers Land regist. Transfer tax total t. costs

Real e.agent Technical s. Lawyers Land regist. Transfer tax total costs Austria 100,000 € 6,000 € n.r. 1,400 € 1,840 € 3,500 € 12,740 €

Austria 100,000 € 6,000 € n.r. 1,400 € 1,840 € 3,500 € 12,740 € Austria 250,000 € 15,000 € n.r. 1,900 € 4,600 € 8,750 € 30,250 €

Austria 250,000 € 15,000 € n.r. 1,900 € 4,600 € 8,750 € 30,250 €

Austria 500,000 € 30,000 € n.r. 2,900 € 9,200 € 17,500 € 59,600 € Belgium 100,000 € 3,000 € n.r. 1,987 € 505 € 12,270 € 17,762 €

Austria average price 9,000 € n.r. 1,567 € 2,760 € 5,250 € 18,577 € Belgium 250,000 € 7,500 € n.r. 3,081 € 1,140 € 30,675 € 42,396 €





Belgium 100,000 € 3,000 € n.r. 1,987 € 505 € 12,270 € 17,762 € Czech Republic 100,000 € 5,000 € 350 € 850 € 17 € 0€ 6,217 €

Belgium 250,000 € 7,500 € n.r. 3,081 € 1,140 € 30,675 € 42,396 € Czech Republic 250,000 € 10,000 € 350 € 850 € 17 € 0€ 11,217 €

Belgium 500,000 € 15,000 € n.r. 3,304 € 2,000 € 61,350 € 81,654 €

Belgium average price 5,010 € n.r. 2,475 € 789 € 21,042 € 29,316 € Denmark 100,000 € 4,147 € 1,020 € 1,013 € 1,968 € 0€ 8,148 €

Denmark 250,000 € 7,747 € 1,020 € 1,013 € 4,443 € 0€ 14,223 €

Czech Republic 100,000 € 5,000 € 350 € 850 € 17 € 0€ 6,217 €

Czech Republic 250,000 € 10,000 € 350 € 850 € 17 € 0€ 11,217 € England 100,000 € 1,651 € 618 € 1,060 € 90 € 0€ 3,419 €

Czech Republic 500,000 € 15,000 € 500 € 850 € 17 € 0€ 16,367 € England 250,000 € 3,579 € 683 € 1,345 € 225 € 2,520 € 8,352 €

Czech Republic average price 5,000 € 350 € 850 € 17 € 0€ 6,217 €

Finland 100,000 € 3,125 € 600 € 430 € 96 € 4,000 € 8,251 €

Denmark 100,000 € 4,147 € 1,020 € 1,013 € 1,968 € 0€ 8,148 € Finland 250,000 € 7,813 € 600 € 430 € 96 € 10,000 € 18,938 €

Denmark 250,000 € 7,747 € 1,020 € 1,013 € 4,443 € 0€ 14,223 €

Denmark 500,000 € 13,747 € 1,020 € 1,013 € 8,568 € 0€ 24,348 € France 100,000 € 8,000 € 500 € 1,423 € 135 € 5,060 € 15,118 €

Denmark average price 7,069 € 1,020 € 1,013 € 3,977 € 0€ 13,078 € France 250,000 € 17,500 € 500 € 2,949 € 338 € 12,650 € 33,936 €





England 100,000 € 1,651 € 618 € 1,060 € 90 € 0€ 3,419 € Germany 100,000 € 4,000 € n.r. 738 € 455 € 3,500 € 8,693 €

England 250,000 € 3,579 € 683 € 1,345 € 225 € 2,520 € 8,352 € Germany 250,000 € 10,000 € n.r. 1,459 € 950 € 8,750 € 21,159 €

England 500,000 € 7,001 € 833 € 1,700 € 330 € 15,075 € 24,939 €

England average price 4,233 € 711 € 1,413 € 245 € 4,918 € 11,520 € Greece 100,000 € 4,000 € 500 € 3,190 € 1,043 € 11,020 € 19,753 €

Greece 250,000 € 10,000 € 500 € 6,490 € 2,565 € 28,000 € 47,555 €

Finland 100,000 € 3,125 € 600 € 430 € 96 € 4,000 € 8,251 €

Finland 250,000 € 7,813 € 600 € 430 € 96 € 10,000 € 18,938 € Hungary (solicitor) 100,000 € 4,000 € n.r. 1,728 € 49 € 5,420 € 11,197 €

Finland 500,000 € 15,625 € 600 € 430 € 96 € 20,000 € 36,751 € Hungary (solicitor) 250,000 € 7,500 € n.r. 3,269 € 49 € 14,420 € 25,238 €

Finland average price 3,867 € 600 € 430 € 96 € 4,950 € 9,943 €

Ireland 100,000 € 2,000 € 500 € 1,000 € 375 € 0€ 3,875 €

France 100,000 € 8,000 € 500 € 1,423 € 135 € 5,060 € 15,118 € Ireland 250,000 € 2,000 € 640 € 2,000 € 375 € 10,000 € 15,015 €

France 250,000 € 17,500 € 500 € 2,949 € 338 € 12,650 € 33,936 €

France 500,000 € 30,000 € 500 € 5,493 € 675 € 25,300 € 61,968 € Italy 100,000 € 6,000 € n.r. 2,319 € 139 € 2,016 € 10,474 €

France average price 16,020 € 500 € 2,711 € 306 € 11,467 € 31,004 € Italy 250,000 € 15,000 € n.r. 3,245 € 139 € 4,266 € 22,650 €





Germany 100,000 € 4,000 € n.r. 738 € 455 € 3,500 € 8,693 € Netherlands 100,000 € 1,850 € n.r. 1,056 € 164 € 6,000 € 9,070 €

Germany 250,000 € 10,000 € n.r. 1,459 € 950 € 8,750 € 21,159 € Netherlands 250,000 € 4,625 € n.r. 1,153 € 164 € 15,000 € 20,942 €

Germany 500,000 € 20,000 € n.r. 2,627 € 1,776 € 17,500 € 41,903 €

Germany average price 5,235 € n.r. 886 € 557 € 4,580 € 11,257 € Poland 100,000 € 2,000 € 175 € 677 € 50 € 11,418 € 14,320 €

Poland 250,000 € 3,750 € 175 € 1,430 € 50 € 28,543 € 33,948 €

Greece 100,000 € 4,000 € 500 € 3,190 € 1,043 € 11,020 € 19,753 €

Greece 250,000 € 10,000 € 500 € 6,490 € 2,565 € 28,000 € 47,555 € Scotland 100,000 € 1,000 € 378 € 1,438 € 251 € 0€ 3,067 €

Greece 500,000 € 20,000 € 500 € 11,990 € 5,113 € 56,300 € 93,903 € Scotland 250,000 € 2,500 € 600 € 1,735 € 577 € 2,506 € 7,918 €

Greece average price 5,200 € 500 € 3,850 € 1,323 € 14,729 € 25,602 €

Slovenia 100,000 € 4,000 € n.r. 810 € 123 € 2,000 € 6,933 €

Hungary (solicitor) 100,000 € 4,000 € n.r. 1,728 € 49 € 5,420 € 11,197 € Slovenia 250,000 € 10,000 € n.r. 1,204 € 123 € 5,000 € 16,327 €

Hungary (solicitor) 250,000 € 7,500 € n.r. 3,269 € 49 € 14,420 € 25,238 €

Hungary (solicitor) 500,000 € 15,000 € n.r. 4,645 € 49 € 29,420 € 49,114 € Spain 100,000 € 6,000 € 91 € 891 € 242 € 8,190 € 15,414 €

Hungary (solicitor) average price 6,500 € n.r. 1,728 € 49 € 5,420 € 13,697 € Spain 250,000 € 15,000 € 141 € 1,194 € 301 € 20,475 € 37,112 €





Ireland 100,000 € 2,000 € 500 € 1,000 € 375 € 0€ 3,875 € Sweden 100,000 € 3,600 € 400 € 0€ 118 € 2,900 € 7,018 €

Ireland 250,000 € 2,000 € 640 € 2,000 € 375 € 10,000 € 15,015 € Sweden 250,000 € 7,800 € 400 € 0€ 118 € 7,250 € 15,568 €

Ireland 500,000 € 6,500 € 600 € 4,000 € 625 € 37,500 € 49,225 €

Ireland average price 2,960 € 631 € 2,426 € 428 € 15,864 € 22,310 € country average 100,000 € 3,764 € 420 € 1,147 € 397 € 3,926 € 9,506 €

country average 250,000 € 8,442 € 464 € 1,789 € 827 € 10,593 € 21,953 €

Italy 100,000 € 6,000 € n.r. 2,319 € 139 € 2,016 € 10,474 €

Italy 250,000 € 15,000 € n.r. 3,245 € 139 € 4,266 € 22,650 €

Italy 500,000 € 30,000 € n.r. 4,745 € 139 € 8,016 € 42,900 €

Italy average price 7,772 € n.r. 2,501 € 139 € 2,459 € 12,871 €

Transaction costs for various price levels (including 70% mortgage)



Real e.agent Technical s. Lawyers Land regist. Transfer tax total costs



Netherlands 100,000 € 1,850 € n.r. 1,056 € 164 € 6,000 € 9,070 €

Netherlands 250,000 € 4,625 € n.r. 1,153 € 164 € 15,000 € 20,942 €

Netherlands 500,000 € 9,250 € n.r. 1,849 € 164 € 30,000 € 41,263 €

Netherlands average price 3,737 € n.r. 1,122 € 164 € 12,120 € 17,143 €





Poland 100,000 € 2,000 € 175 € 677 € 50 € 11,418 € 14,320 €

Poland 250,000 € 3,750 € 175 € 1,430 € 50 € 28,543 € 33,948 €

Poland 500,000 € 6,250 € 175 € 2,050 € 50 € 57,088 € 65,613 €

Poland average price 2,000 € 175 € 677 € 50 € 12,018 € 14,920 €





Scotland 100,000 € 1,000 € 378 € 1,438 € 251 € 0€ 3,067 €

Scotland 250,000 € 2,500 € 600 € 1,735 € 577 € 2,506 € 7,918 €

Scotland 500,000 € 5,000 € 741 € 2,328 € 838 € 15,036 € 23,943 €

Scotland average price 1,939 € 517 € 1,624 € 455 € 1,939 € 6,473 €





Slovenia 100,000 € 4,000 € n.r. 810 € 123 € 2,000 € 6,933 €

Slovenia 250,000 € 10,000 € n.r. 1,204 € 123 € 5,000 € 16,327 €

Slovenia 500,000 € 20,000 € n.r. 1,377 € 123 € 10,000 € 31,500 €

Slovenia average price 4,000 € n.r. 810 € 123 € 2,000 € 6,933 €





Spain 100,000 € 6,000 € 91 € 891 € 242 € 8,190 € 15,414 €

Spain 250,000 € 15,000 € 141 € 1,194 € 301 € 20,475 € 37,112 €

Spain 500,000 € 30,000 € 219 € 1,364 € 384 € 40,950 € 72,918 €

Spain average price 10,358 € 115 € 1,038 € 271 € 14,138 € 25,920 €



Sweden 100,000 € 3,600 € 400 € 0€ 118 € 2,900 € 7,018 €

Sweden 250,000 € 7,800 € 400 € 0€ 118 € 7,250 € 15,568 €

Sweden 500,000 € 12,800 € 400 € 0€ 118 € 14,500 € 27,818 €

Sweden average price 4,930 € 400 € 0€ 118 € 4,278 € 9,726 €



country average 100,000 € 3,764 € 420 € 1,147 € 397 € 3,926 € 9,506 €

country average 250,000 € 8,442 € 464 € 1,789 € 827 € 10,593 € 21,953 €

country average 500,000 € 16,104 € 506 € 2,685 € 1,527 € 23,082 € 43,727 €

country average average price 5,536 € 337 € 1,403 € 607 € 6,920 € 14,802 €

total number of countries: 20 number of countries with data for technical services: 13

total transfer costs



Sum of all professional fees

total transfer costs (tax/register/fees) indexed costs/average price

100,000 € 250,000 € 500,000 € average price GNP per net

Profess. fees (agent/techn/legal) indexed fee/average price Country price level person earnings

100,000 € 250,000 € 500,000 € average price GNP per net Austria 12,740 € 30,250 € 59,600 € 18,577 € 18,053 € 17,914 € 15,140 €

Country price level person earnings Belgium 17,762 € 42,396 € 81,654 € 29,316 € 28,107 € 28,380 € 23,627 €

Austria 7,400 € 16,900 € 32,900 € 10,567 € 10,269 € 10,190 € 8,612 € Czech Rep. (solicitor) 6,217 € 11,217 € 16,367 € 6,217 € 10,756 € 8,424 € 19,342 €

Belgium 4,987 € 10,581 € 18,304 € 7,485 € 7,177 € 7,246 € 6,033 € Denmark 8,148 € 14,223 € 24,348 € 13,078 € 9,631 € 9,900 € 9,568 €

Czech Rep. (solicitor) 6,200 € 11,200 € 16,350 € 6,200 € 10,727 € 8,401 € 19,290 € England 3,419 € 8,352 € 24,939 € 11,520 € 10,982 € 10,588 € 7,806 €

Denmark 6,180 € 9,780 € 15,780 € 9,102 € 6,702 € 6,890 € 6,659 € Finland 8,251 € 18,938 € 36,751 € 9,943 € 8,150 € 8,815 € 9,077 €

England 3,329 € 5,607 € 9,534 € 6,357 € 6,060 € 5,842 € 4,307 € France 15,118 € 33,936 € 61,968 € 31,004 € 28,576 € 29,003 € 28,253 €

Finland 4,155 € 8,843 € 16,655 € 4,897 € 4,014 € 4,342 € 4,471 € Germany 8,693 € 21,159 € 41,903 € 11,257 € 10,814 € 10,620 € 8,052 €

France 9,923 € 20,949 € 35,993 € 19,231 € 17,724 € 17,990 € 17,524 € Greece 19,753 € 47,555 € 93,903 € 25,602 € 29,159 € 30,155 € 34,096 €

Germany 4,738 € 11,459 € 22,627 € 6,120 € 5,879 € 5,774 € 4,377 € Hungary (solicitor) 11,197 € 25,238 € 49,114 € 13,697 € 21,536 € 22,417 € 53,464 €

Greece 7,690 € 16,990 € 32,490 € 9,550 € 10,877 € 11,249 € 12,719 € Ireland 3,875 € 15,015 € 49,225 € 22,310 € 18,079 € 18,530 € 15,800 €

Hungary (solicitor) 5,728 € 10,769 € 19,645 € 8,228 € 12,937 € 13,466 € 32,117 € Italy 10,474 € 22,650 € 42,900 € 12,871 € 12,545 € 12,794 € 14,963 €

Ireland 3,500 € 4,640 € 11,100 € 6,018 € 4,876 € 4,998 € 4,262 € Netherlands 9,070 € 20,942 € 41,263 € 17,143 € 16,296 € 16,112 € 13,241 €

Italy 8,319 € 18,245 € 34,745 € 10,273 € 10,013 € 10,212 € 11,943 € Poland 14,320 € 33,948 € 65,613 € 14,920 € 25,033 € 27,325 € 65,494 €

Netherlands 2,906 € 5,778 € 11,099 € 4,859 € 4,619 € 4,567 € 3,753 € Portugal 5,892 € 13,453 € 25,878 € 5,892 € 6,916 € 8,264 € 11,129 €

Poland 2,852 € 5,355 € 8,475 € 2,852 € 4,785 € 5,223 € 12,520 € Scotland 3,067 € 7,918 € 23,943 € 6,473 € 6,171 € 5,950 € 4,386 €

Portugal 4,453 € 10,184 € 19,559 € 4,453 € 5,226 € 6,245 € 8,410 € Slovakia 2,760 € 2,860 € 2,930 € 3,650 € 6,337 € 6,636 € 15,302 €

Scotland 2,816 € 4,835 € 8,069 € 4,080 € 3,889 € 3,750 € 2,764 € Slovenia 6,933 € 16,327 € 31,500 € 6,933 € 9,075 € 9,484 € 17,780 €

Slovakia 2,700 € 2,800 € 2,870 € 3,590 € 6,233 € 6,527 € 15,050 € Spain 15,414 € 37,112 € 72,918 € 25,920 € 28,800 € 28,736 € 32,864 €

Slovenia 4,810 € 11,204 € 21,377 € 4,810 € 6,296 € 6,580 € 12,335 € Sweden 7,018 € 15,568 € 27,818 € 9,726 € 8,064 € 8,193 € 8,713 €

Spain 6,982 € 16,336 € 31,583 € 11,511 € 12,790 € 12,762 € 14,595 € average 9,506 € 21,953 € 43,727 € 14,802 € 15,654 € 15,912 € 20,405 €

Sweden 4,000 € 8,200 € 13,200 € 5,330 € 4,420 € 4,490 € 4,775 €

average 5,183 € 10,533 € 19,118 € 7,276 € 7,776 € 7,837 € 10,326 €









real estate agent indexed fee/av. price

100,000 € 250,000 € 500,000 € average price net

Country price level earnings

Austria 6,000 € 15,000 € 30,000 € 9,000 € 8,746 € 7,567 €

Belgium 3,000 € 7,500 € 15,000 € 5,010 € 4,803 € 4,166 €

Czech Rep. (solicitor) 5,000 € 10,000 € 15,000 € 5,000 € 8,651 € 16,049 €

Denmark 4,147 € 7,747 € 13,747 € 7,069 € 5,205 € 5,335 €

England 1,651 € 3,579 € 7,001 € 4,233 € 4,035 € 2,959 €

Finland 3,125 € 7,813 € 15,625 € 3,867 € 3,170 € 3,642 €

France 8,000 € 17,500 € 30,000 € 16,020 € 14,765 € 15,061 €

Germany 4,000 € 10,000 € 20,000 € 5,235 € 5,028 € 3,862 €

Greece 4,000 € 10,000 € 20,000 € 5,200 € 5,923 € 7,145 €

Hungary (solicitor) 4,000 € 7,500 € 15,000 € 6,500 € 10,220 € 26,176 €

Ireland 2,000 € 2,000 € 6,500 € 2,960 € 2,398 € 2,162 €

Italy 6,000 € 15,000 € 30,000 € 7,772 € 7,575 € 9,321 €

Netherlands 1,850 € 4,625 € 9,250 € 3,737 € 3,552 € 2,978 €

Poland 2,000 € 3,750 € 6,250 € 2,000 € 3,356 € 9,058 €

Portugal 3,750 € 9,375 € 18,750 € 3,750 € 4,401 € 7,307 €

Scotland 1,000 € 2,500 € 5,000 € 1,939 € 1,848 € 1,355 €

Slovakia 2,150 € 2,150 € 2,150 € 2,150 € 3,733 € 9,299 €

Slovenia 4,000 € 10,000 € 20,000 € 4,000 € 5,236 € 10,583 €

Spain 6,000 € 15,000 € 30,000 € 10,358 € 11,509 € 13,548 €

Sweden 3,600 € 7,800 € 12,800 € 4,930 € 4,088 € 4,557 €

average 3,764 € 8,442 € 16,104 € 5,536 € 5,912 € 8,106 €

# countries 20

Transfer Taxes Land Register Fee





transfer taxes indexed taxes/average price land register fee indexed fee/average price

100,000 € 250,000 € 500,000 € average price GNP per net 100,000 € 250,000 € 500,000 € average price GNP per net

Country price level person earnings Country price level person earnings

Austria 3,500 € 8,750 € 17,500 € 5,250 € 5,102 € 5,063 € 4,279 € Austria 1,840 € 4,600 € 9,200 € 2,760 € 2,682 € 2,662 € 2,249 €

Belgium 12,270 € 30,675 € 61,350 € 21,042 € 20,174 € 20,370 € 16,958 € Belgium 505 € 1,140 € 2,000 € 789 € 756 € 763 € 636 €

Czech Rep. (solicitor) 0€ 0€ 0€ 0€ 0€ 0€ 0€ Czech Rep. (solicitor) 17 € 17 € 17 € 17 € 29 € 23 € 53 €

Denmark 0€ 0€ 0€ 0€ 0€ 0€ 0€ Denmark 1,968 € 4,443 € 8,568 € 3,977 € 2,928 € 3,010 € 2,909 €

England 0€ 2,520 € 15,075 € 4,918 € 4,688 € 4,520 € 3,332 € England 90 € 225 € 330 € 245 € 234 € 225 € 166 €

Finland 4,000 € 10,000 € 20,000 € 4,950 € 4,058 € 4,389 € 4,519 € Finland 96 € 96 € 96 € 96 € 79 € 85 € 87 €

France 5,060 € 12,650 € 25,300 € 11,467 € 10,569 € 10,727 € 10,450 € France 135 € 338 € 675 € 306 € 282 € 286 € 279 €

Germany 3,500 € 8,750 € 17,500 € 4,580 € 4,400 € 4,321 € 3,276 € Germany 455 € 950 € 1,776 € 557 € 535 € 525 € 398 €

Greece 11,020 € 28,000 € 56,300 € 14,729 € 16,776 € 17,349 € 19,616 € Greece 1,043 € 2,565 € 5,113 € 1,323 € 1,507 € 1,558 € 1,762 €

Hungary (solicitor) 5,420 € 14,420 € 29,420 € 5,420 € 8,522 € 8,871 € 21,156 € Hungary (solicitor) 49 € 49 € 49 € 49 € 77 € 80 € 190 €

Ireland 0€ 10,000 € 37,500 € 15,864 € 12,856 € 13,176 € 11,235 € Ireland 375 € 375 € 625 € 428 € 347 € 356 € 303 €

Italy 2,016 € 4,266 € 8,016 € 2,459 € 2,396 € 2,444 € 2,858 € Italy 139 € 139 € 139 € 139 € 136 € 138 € 162 €

Netherlands 6,000 € 15,000 € 30,000 € 12,120 € 11,521 € 11,391 € 9,361 € Netherlands 164 € 164 € 164 € 164 € 156 € 154 € 127 €

Poland 11,418 € 28,543 € 57,088 € 12,018 € 20,164 € 22,010 € 52,755 € Poland 50 € 50 € 50 € 50 € 84 € 92 € 219 €

Portugal 1,220 € 3,050 € 6,100 € 1,220 € 1,432 € 1,711 € 2,304 € Portugal 220 € 220 € 220 € 220 € 258 € 308 € 415 €

Scotland 0€ 2,506 € 15,036 € 1,939 € 1,848 € 1,782 € 1,314 € Scotland 251 € 577 € 838 € 455 € 434 € 418 € 308 €

Slovakia 0€ 0€ 0€ 0€ 0€ 0€ 0€ Slovakia 60 € 60 € 60 € 60 € 104 € 109 € 252 €

Slovenia 2,000 € 5,000 € 10,000 € 2,000 € 2,618 € 2,736 € 5,129 € Slovenia 123 € 123 € 123 € 123 € 161 € 168 € 315 €

Spain 8,190 € 20,475 € 40,950 € 14,138 € 15,709 € 15,674 € 17,926 € Spain 242 € 301 € 384 € 271 € 301 € 300 € 343 €

Sweden 2,900 € 7,250 € 14,500 € 4,278 € 3,547 € 3,604 € 3,832 € Sweden 118 € 118 € 118 € 118 € 98 € 99 € 106 €

average 3,926 € 10,593 € 23,082 € 6,920 € 7,319 € 7,507 € 9,515 € average 441 € 919 € 1,697 € 675 € 621 € 631 € 627 €









Transfer Taxes + Land Register Fee





transfer taxes + land register fee indexed tax+register/aver. price

100,000 € 250,000 € 500,000 € average price GNP per net

Country price level person earnings

Austria 5,340 € 13,350 € 26,700 € 8,010 € 7,784 € 7,724 € 6,528 €

Belgium 12,775 € 31,815 € 63,350 € 21,831 € 20,931 € 21,133 € 17,594 €

Czech Rep. (solicitor) 17 € 17 € 17 € 17 € 29 € 23 € 53 €

Denmark 1,968 € 4,443 € 8,568 € 3,977 € 2,928 € 3,010 € 2,909 €

England 90 € 2,745 € 15,405 € 5,163 € 4,922 € 4,745 € 3,498 €

Finland 4,096 € 10,096 € 20,096 € 5,046 € 4,136 € 4,473 € 4,606 €

France 5,195 € 12,988 € 25,975 € 11,773 € 10,851 € 11,013 € 10,729 €

Germany 3,955 € 9,700 € 19,276 € 5,137 € 4,935 € 4,846 € 3,674 €

Greece 12,063 € 30,565 € 61,413 € 16,052 € 18,282 € 18,907 € 21,378 €

Hungary (solicitor) 5,469 € 14,469 € 29,469 € 5,469 € 8,599 € 8,951 € 21,347 €

Ireland 375 € 10,375 € 38,125 € 16,292 € 13,203 € 13,532 € 11,538 €

Italy 2,155 € 4,405 € 8,155 € 2,598 € 2,532 € 2,582 € 3,020 €

Netherlands 6,164 € 15,164 € 30,164 € 12,284 € 11,677 € 11,545 € 9,488 €

Poland 11,468 € 28,593 € 57,138 € 12,068 € 20,247 € 22,102 € 52,974 €

Portugal 1,440 € 3,270 € 6,320 € 1,440 € 1,690 € 2,019 € 2,719 €

Scotland 251 € 3,083 € 15,874 € 2,394 € 2,282 € 2,200 € 1,622 €

Slovakia 60 € 60 € 60 € 60 € 104 € 109 € 252 €

Slovenia 2,123 € 5,123 € 10,123 € 2,123 € 2,779 € 2,904 € 5,445 €

Spain 8,432 € 20,776 € 41,334 € 14,409 € 16,010 € 15,975 € 18,269 €

Sweden 3,018 € 7,368 € 14,618 € 4,396 € 3,645 € 3,703 € 3,938 €

average 0€ 0€ 4,323 € 11,420 € 24,609 € 7,527 € 7,878 €