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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

    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. newbidder
  3. tiamonra

    tiamonra Affiliate affiliate

    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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