Tax and Extra expenses.
- Sales transaction tax:
3% on the ‘declared’ value of the property to be paid to the government (e.g.: if declaration of buying price is 90.000€ than the fee is 2.700.-€)
- Application fee:
150.-€ (a service value is paid to provide the necessary information and paperwork for the application to the Military such as maps, passport translations,etc)3. Translator fee:
100.-€ (it is necessary to have a translator at the stage of Tapu transfer to make sure that the Buyer has accepted the context)
The transactions carried out after the ‘Tapu’ the title deed is transferred to the name of the buyer: