Buying costs in Nepal are low
How high are realtors´ and lawyers´ fees in Nepal? What about other property purchase costs?
Transaction Costs |
||
Who Pays? | ||
Registration Fee | 1% - 4.50% | buyer |
Legal Fees | 0.10% | buyer |
Costs paid by buyer | 1.01% - 4.51% | |
Costs paid by seller | 0% | |
ROUNDTRIP TRANSACTION COSTS | 1.01% - 4.51% | |
See Footnotes Source: Global Property Guide |
How difficult is the property purchase process in Nepal?
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Footnotes to Transaction Costs Table
Registration Fee
Registration fee is levied at different rates, depending on the property value and the location of the property. Registration fees are around 2% to 4.50% for land and land with houses, and 1% for flats.
REGISTRATION FEE FOR PROPERTY IN MUNICIPAL AREAS |
|
PROPERTY VALUE, NPR (US$) | |
Up to 10,000 (US$90) | |
10,000 - 25,000 (US$225) | |
Over 25,000 (US$225) | |
Source: Global Property Guide |
REGISTRATION FEE FOR PROPERTY IN NON-MUNICIPAL AREAS |
|
PROPERTY VALUE, NPR (US$) | |
Up to 10,000 (US$90) | |
10,000 - 25,000 (US$225) | |
Over 25,000 (US$225) | |
Source: Global Property Guide |
REGISTRATION FEE FOR FLATS |
|
PROPERTY VALUE, NPR (US$) | |
All flats | |
Source: Global Property Guide |
Legal Fee
Legal fees are around 0.01% of the property value.