Buying property costs are low in Bolivia
Taxation Researcher | August 15, 2021
How high are realtors´ and lawyers´ fees in Bolivia? What about other property purchase costs?
Transaction Costs |
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| Who Pays? | ||
| Transactions Tax | 3% | buyer |
| Registration Fee | 0.50% | buyer |
| Legal Fee | 1.00% | seller |
| Costs paid by buyer | 3.50% | |
| Costs paid by seller | 1.00% | |
| ROUNDTRIP TRANSACTION COSTS | 4.50% | |
| See Footnotes Source: Global Property Guide |
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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.
Transactions Tax
Transactions tax applies to transfer of property, and it is levied at a flat rate of 3% of the property value.
Registration Fee
Registration fee is around 0.50% of the property value.
