Real estate acquisition - Costs - Taxes

What taxes and costs are involved in the purchase of real estate in addition to legal fees?

IMT - Real estate transfer tax

Before the final contract is signed, the buyer is obliged to pay a land transfer tax IMT at the tax office. The tax rate varies according to the purchase price of the property (ascending scale) and is a maximum of 6% for residential properties.

Stamp duty

In addition, a so-called stamp duty of 0.8% is payable. If the property is financed, a further 0.6% of the mortgage value is payable.

Notary fees

These fees should not actually exceed 1,000 euros.

 

This information has been compiled to the best of our knowledge and is continuously updated, nevertheless it cannot be regarded as a substitute for professional advice. We do not accept any responsibility for possible errors or omissions.