Cost related to purchase

Summary of approximate costs:

Conveyance tax:

The buyer pays 4% of the declared value of the real estate to the title deed office as Title Deed Transfer Tax.

Fee at the Tapu Office:

Clerical expenses of the Tapu office. Costs for the Tapu transfer (sworn interpreter, processing & transfer)

Giving Power of Attorney:

Approx. 200 Eur

Electricity:

New connection of electricity meter:

Approx. 150 Eur (once only)

Name transfer of an existing connection:

Approx. 60 Eur (once only)

Water:

New connection of water meter:

Approx. 150 Eur (once only)

Name transfer of an existing connection:

Approx. 60 Eur (once only)

Annually

Property tax: 0,1% of the property value declared by the local municipality (to be paid before the end of May each year).