general information

 

Costs for the buyer of a property:

 

Above the sale price buyer pays the following:

 

1) to the appraiser of the financiel institution:

Costs valeu report or technicalbuildingreport

BE AWARE: appraser must be excepted by a financial institution

 

2) buyer chooses the notary and pays at the notary office the following costs:

4% tax over sale price of the property

costs notary

property tax of sale from up the date of buying until the end of that year

 

3) at the financial institution:

costs of mortgage and provision

 

Total costs for the buyer are more or less 6% or 7% ontop of the saleprice!

 

Realtors costs to Real Estate Caribe are for the seller / owner

 

 

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Costs of finding a rental property are for the tenant:

 

By renting a property for longterm rentals tenant pays:

 

1) to Real Estate Caribe:

an amounth of 1 rental month

 

 

 

All payments are excluding sales tax of 5%