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Points to remember
The purchase price of any property, new or resale, is subject to an approximate additional 10%. This is made up by IVA (VAT)/ITP (transfer tax), other taxes, solicitors’ fees and notary’s fees, which include the stamp duty.
IVA, at 7% is payable on new properties, and ITP at 7% is payable on resale properties. ———————————
Property owners can advertise their properties for sale on these pages, thereby saving the owner and, subsequently, the purchaser extra expense in high estate agent fees. The description of properties is, to the best of our knowledge correct. However, Fremar Property Services accepts no responsibility for any inaccuracies or omissions which may occur. Any contract forthcoming, will be between the purchaser and seller. ———————————
Why buy a resale instead of new?
1. For the price of a new property, a resale can be purchased which may already have security grills, TV, air conditioning and furniture installed. 2. The opportunity to ‘make an offer’, which is not always possible when buying new. 3. The purchaser knows exactly what he/she is buying i.e. location, view, chance to check out neighbours. 4. Any building ‘snag’ list will have been seen to. 5. Electric and water connections already made.
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Property Resales |

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