Buying costs are low in Algeria
Taxation Researcher | February 10, 2020
How high are realtors´ and lawyers´ fees in Algeria? What about other property purchase costs?
|Notary fees||1% - 3% (+ 17% VAT)||buyer|
|Costs paid by buyer||1.17% - 7.01%|
|Costs paid by seller||2.50%|
|ROUNDTRIP TRANSACTION COSTS||3.67% - 9.51%|
| See Footnotes
Source: Global Property Guide
How difficult is the property purchase process in Ageria?
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.
|PROPERTY VALUE, DZD (US$)||RATE|
|Up to 500,000 (US$4,545)||3%|
|500,000 - 1,000,000 (US$9,091)||2%|
|Over 1,000,000 (US$9,091)||1%|
|Source: Global Property Guide|