Property Transer Tax


The buyer of the property is subject to property transfer tax and not the seller. 

The transfer tax is 3.09% on the higher value between the real price and the objective value of the property.

Property transfer tax is not applied to sales were vat 24% is applied. 

That means if you buy a new house from a developer you are subject to VAT 24% and not to property transfer tax. 

Comments

Popular Posts