Purchase’s Spending

BUYER’S EXPENCE

PURCHASE’S ACT

  • Purchase price
  • Agency’s reward
  • Preliminary’s registering (0,50 € on down payment and 3% on advance payment), flat tax of 200€ , duty stamps (16€) each hundred lines
  • Notary fee: purchase- transcription- rights- duty stamp
  • Registration’s tax, loan’s tax, Cadastral tax or IVA
  • Agency’s fee

IN CASE OF LOAN 

  • Loan’s notary fee- cadatsral maps and reports- entries in registers- duty stamps
  • Bank expences: Inquiry- preliminary professional estimate- insurance
  • Substitute tax 0,25% of the amount for purchase’s loan- 2% for loans of liquidity
  • Professional support on loan 0.75% on provided, if request from agency

NOTES                       

– The professional estimate gets usually paid directly to the Bank
– The residual bank expences are deducted from paid amount.

SELLER’S EXPENCE

  • Agency’s fee
  • Transcriptions of tacit acceptance of eredity, in case of inheritage
  • Insurance policy in case of donation (if requested)
  • Tax on capital gain of value conferred from:

– Sale of building plots or sale of agricultural plots before five years from purchase

– Resale of real estate before five years from purchase, but those mustn’t be used for at least half of the time

– Difference between price and countable value of building

NOTE

– Substitute tax for capital gains can be paid from notary and match to 20% of capital gain

– For the sale of building plots,the capital gain must be inserted in the tax return.