Buying costs in Nepal are low

Taxation Researcher | March 13, 2019

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$)
RATE
Up to 10,000 (US$90)
NPR400 (US$3.92)
10,000 - 25,000 (US$225)
NPR1,000 (US$9)
Over 25,000 (US$225)
4.50%
Source: Global Property Guide

REGISTRATION FEE FOR PROPERTY IN NON-MUNICIPAL AREAS

PROPERTY VALUE, NPR (US$)
RATE
Up to 10,000 (US$90)
NPR300 (US$2.94)
10,000 - 25,000 (US$225)
NPR500 (US$4.90)
Over 25,000 (US$225)
2%
Source: Global Property Guide

REGISTRATION FEE FOR FLATS

PROPERTY VALUE, NPR (US$)
TAX RATE
All flats
1%
Source: Global Property Guide

Legal Fee
Legal fees are around 0.01% of the property value.

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