First-time homebuyers aged 18 to 35 who buy their first property €400.000 will receive a tax benefit of 2%. The introduction of the amended bill is April 1, 2021.
What does it mean to homebuyers aged 18 to 35?
1. If you plan on buying a home over €400,000 after March 31, 2021, you pay 2% of the purchase price as a property transfer tax.
2. If you plan to buy a property of more than € 400,000 between January 1 and March 31, 2021, you don’t pay the property transfer tax of 2%.
Do you want to learn more? Read our blog about the property transfer tax 2021.