Property Purchase Contract Expenses

  • Property Transfer Tax:
    1. For newly built houses VAT 24% of the value written on the purchase contract.
    2. For any other property, the property transfer tax is estimated 3% of the value written on the purchase contract
  • Local Government Tax: Estimated an additional 3% of the above Property Transfer Tax.
  • Lawyer’s Fee: Upon agreement to perform the legal check of the property. For the lawyer’s presence at the purchase contract, the fee is defined at 1% to 1,5% plus VAT. The lawyer’s presence is not any longer obligatory, but his/hers participation is needed for both parties to be ensured.
  • Notaty’s Fee: Depends on the price written on the purchase contract.
  • Realtor’s Fee:
    • Defined at the amount 2000€ plus VAT for properties priced less than 100.000€.
    • Defined at the percentage 2% plus VAT for properties priced more than 100.000€.
  • Land Registry Fee: 0,475% of the value written on the purchase contract plus VAT.

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