Transfer tax is a levy in the Netherlands that you pay when purchasing a home or other real estate. The standard rate is 2% for owner-occupied homes and 10.4% for properties that are not primary residences, such as second homes or vacation properties.
First-time buyers aged 18 to 34 may qualify for an exemption on properties up to €510,000, provided it’s their first home and they will live in it themselves.
The transfer tax is typically paid at the notary’s office at the time of the property transfer.