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Total transaction costs very low in Chile


The total roundtrip transaction cost, i.e., the cost of buying and selling the property, is between 5.3% and 6.9%. This includes the estate agent's fee of 4%, which is split evenly between buyer and seller.

The total cost of registering the property is only 1.4% of the property's value. Six procedures are necessary for registration, which can be completed in about 31 days.

If the property is newly built by a developer, the transaction cost will be higher, due to the 18% VAT imposed on such properties.

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