Notary Fees
Reduced Notary fees when purcahsing a property
When a property is offered with reduced notary fees, this means that instead of the normal 7%, you pay between 1.7 and 2.5% depending on the value of the purchase. This scenario arises when a newly built villa or an apartment within a new development is sold.
Indeed, the property must not be older than 5 years and must be sold by the initial owner to fulfill the requirements.
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