"Possessions like savings, shares, houses that are not the primary living etc. are taxed when a tax payer (filing single) has more than € 30,360 (this is the amount for 2019). For couples, this tax-free amount is double. Consumer goods like cars and furniture, that are not held as an investment, are excluded.
The tax rate comes in tiers, and the following numbers are for 2019 and will be updated in future years: it is a 0.58% tax for € 30,361 to € 102,010 of assets, 1.34% for € 102,010 to € 1,020,096 and 1.68% on any euros of assets above € 1,020,096."
en.wikipedia.org
Are there any deductions or something because around 1M+ would result in about 15k in wealth tax? Switzerland is the one with the "tiny" wealth tax, however also there its a copule of k's for around 1M.