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What additional costs are there in relation to the purchase?

April 26, 2017additional costs purchase relation

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What additional costs are there in relation to the purchase?

9 Answers

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If you buy a property in Cape Verde as an individual buyer, you will be required to pay Notary Fees at a rate of 2% on the attributed value, Registration Fees at a rate of 1.5% on the attributed value. You will also be required to pay Transfer Tax at a flat rate of 3% on the attributed value before the Deed of Purchase and Sale. The total tax comes to approx 6.5% of the value stated on the notary document.

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You will pay stamp duty, legal fees, wealth tax and purchase tax. The latter is just 3% but sometimes split 50/50 with the purchaser so that you pay 1.5% of the amount shown on the title deeds.

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You will pay stamp duty, legal fees, wealth tax and purchase tax. The latter is just 3% but sometimes split 50/50 with the purchaser, so that you pay 1.5% of the amount shown on the title deeds.

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A. You will pay stamp duty, legal fees, wealth tax and purchase tax. The latter is just 3% but sometimes split 50/50 with the purchaser, so that you pay 1.5% of the amount shown on the title deeds.

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Posted

A. You will pay stamp duty, legal fees, wealth tax and purchase tax. The latter is just 3% but split 50/50 with the purchaser, so that you pay 1.5% of the amount shown on the title deeds.