Hello, Trinita,
As epizentrum has already written, the tax to be paid depends on several factors and is calculated with the following formula:
Unit value x tax rate x assessment rate = property tax
The collection rate was raised from 665% to 995% last year in Offenbach.
(However, this is not very unusual for cities with a high influx and at the same time too little trade tax revenue / per inhabitant). The rate of assessment for property tax B was raised, for example, from 660 % to 810 % in Berlin in 01.01.2007.
The city of Offenbach in particular has to spend a lot of money on the renovation and construction of schools. Mayor Mr. Schwenke is of the opinion (I think he is right) that in the coming years the rate of assessment in Offenbach can and will be lowered significantly again, as more tax revenue will be generated in Kaiserlei, the Port Lace and in Offenbach-Ost through newly established businesses.
Only the assessment rate does not have to be calculated. At the calculation of the unit value one can see that the calculation is "difficult".
What is the unit value?
1.) In order to be able to compare real estates with each other and also tax them, the tax authorities determine the so-called unit value. The unit value tells you what the house would have cost in 1964 (old federal states) or 1935 (new federal states). So it happens that you buy a house for 400.000€, but the unit value is only 50.000€.
2.) Depending on the ratio of property to house or the number of apartments (sqm), a property tax rate must be calculated.
3) The municipality has now as a last resort the possibility to decide a rate of assessment, e.g. Offenbach 995%.
I myself own a condominium (158 qm) in Offenbach in an old building (around 1900) , with 4 floors, land size (450 qm) / 4 parties
Here I pay 4 x 74,35€ = 297,40€ per year
In Frankfurt I own a small terraced house (146 qm) built (2002) land size (160 qm) / 1 party
Here I pay 4 x 202,89€ = 811,56€ per year
Since the apartment in the Goethe Quarter is very new and of high quality, the standard value will be rather "high".
However, since the property is "densely built", the tax rate will be rather "low".
I would roughly calculate with 4 x 200,-€ = 800,-€ per year.
But if you want to know more details in advance you can also send an inquiry by Email to the tax office in Offenbach with the details of your flat. kassensteueramt@offenbach.de
Best regards
