How high are realtors´ and lawyers´ fees in Zambia? What about other property purchase costs?

Transaction Costs
		Who Pays?
Transfer Tax	5%	buyer
Registration Fee	1%	buyer
Legal Fee	2.50% - 5% 2.50% - 5%	buyer seller
Costs paid by buyer	6.50% - 11.00%
Costs paid by seller	2.50% - 5%
ROUNDTRIP TRANSACTION COSTS	7.00% - 16.00%
See Footnotes Source: Global Property Guide

How difficult is the property purchase process in Zambia?

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Footnotes to Transaction Costs Table

The round trip transaction costs include all costs of buying and then re-selling a property - lawyers´ fees, notaries´ fees, registration fees, taxes, agents´ fees, etc.

Transfer Tax
Transfer tax is levied at a flat rate of 5% on the selling price of the property or the market value of the property, whichever is higher.

Registration Fee
Registration gee is levied at a flat rate of 1% of the property value.

Legal Fee
Legal fees are generally around 5% to 10% of the property value. Legal fees are negotiable but must not exceed 10% of the property value. The buyer and seller each employ a lawyer for the transaction.