How much are closing costs?
For a resale, budget between 4% and 5% of the purchase price. Most of it is the 3% real estate transfer tax, paid by the buyer; the rest is legal fees, stamps and title registration. If the property has CONFOTUR, the first purchase may be exempt from the 3% and the cost drops considerably.
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These answers are for guidance only and do not replace advice from a lawyer, accountant or immigration adviser. Laws, rates and amounts can change: confirm each case before signing or paying.
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