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Foreign home fees are too high

Discussion in 'General Discussions and Lounge' started by temi, Aug 15, 2007.

  1. temi

    temi Facilitator affiliate

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    People who buy property overseas face transaction costs that are often "unnecessarily high", a report says. The cost of registering property, transfer taxes and estate agent and legal fees can be as much as 22% of the sale price, said Global Property Guide.
    Its study of home transaction costs in OECD countries found large variations between nations


    full story: http://news.bbc.co.uk/2/hi/business/6947555.stm
     
  2. monetizer
  3. tiamonra

    tiamonra Affiliate affiliate

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    Its is only 5% in Turkey :) Plus, you make over 10% rental return for even a single 1+1 45.000gbp apartment.. You can contact if you are interested in for further details.
     

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