Land Plot for Sale

The associated transaction costs of the property purchase are in the range of 6%-7% and include: (a) the property transfer tax plus a municipal tax (3.09%), (b) the notary fees (typically between 0.5%-1%), (c) the registration costs at the Cadastral Office (typically between 0.5%-1%) and (d) the agent's fee typical of 2% plus 24% VAT. All these costs are calculated on the higher amount between the sale price and the objective value of the property, and are born by the Purchaser. It should be noted that buying-side legal fees may apply if a solicitor is involved from the Purchaser's side.