For private home sellers, the profit made is taxable only under certain conditions. The so‑called
speculation period is intended to prevent you from
buying a property only to resell it at a better price depending on the market situation. You will remain tax‑free if you meet the following conditions:
- you sell the property 10 years after the purchase,
- you sell the property sooner than 10 years after purchase, but you can prove that you have used the property yourself for the last three years.
If you do not meet the conditions for the speculation period, you must declare the sale of your property on your income tax return for the given year. The tax office will calculate the
speculation tax, which can be up to
40% of the income.