Fee when buying a property
Posted: Wed Nov 22, 2017 10:17pm
Does anyone know if the 10% fee when buying property is negotiable?
Posted: Wed Nov 22, 2017 10:20pm
Super helpful member
If buying a resale, the figure is nearer to 13%.
This is mostly tax.
A small percentage (around 3% ?) is solicitors' fees.
Posted: Thu Nov 23, 2017 7:50am
Very helpful member
leighadamson wrote on Wed Nov 22, 2017 10:17pm:
Does anyone know if the 10% fee when buying property is negotiable?
The 10% tax is not negotiable its a regional fee like stamp duty in the UK. Then you add 2-3 % on top for sols and legal costs. So always always add 13% onto the potential purchase price
Posted: Thu Nov 23, 2017 7:13pm
Legendary helpful member
leighadamson wrote on Wed Nov 22, 2017 10:17pm:
Does anyone know if the 10% fee when buying property is negotiable?
Hi
The if you mean the payment when buying a property the the 10% is TAX so not negotiable. On top of that you will have your solicitor and notary costs, NIE (if you don't already have it), etc.
Beverley
Posted: Fri Nov 24, 2017 4:19am
Legendary helpful member
If you've not already seen it, I suggest you look at this thread:
Popular topics
Properties near Los Dolses
Latest Banking and finances topics
Our sponsors
Find more Banking and finances topics from a particular area:
Or view all Banking and finances topics in all of Costa Blanca.