Buying property costs are low in Bolivia
Taxation Researcher | March 15, 2020
How high are realtors´ and lawyers´ fees in Bolivia? What about other property purchase costs?
|Costs paid by buyer||3.50%|
|Costs paid by seller||1.00%|
|ROUNDTRIP TRANSACTION COSTS||4.50%|
| See Footnotes
Source: Global Property Guide
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 applies to transfer of property, and it is levied at a flat rate of 3% of the property value.