Buying costs are low in Algeria

How high are realtors´ and lawyers´ fees in Algeria? What about other property purchase costs?

Transaction Costs

Who Pays?
Notary fees 1% - 3% (+ 17% VAT) buyer
Publication Fee 1%
buyer
Registration Fee 2.50%
2.50%
buyer
seller
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?

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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.

Notary Fee
Notary fees are around 1% to 3% of the property value, plus 17% Value Added Tax (VAT).

NOTARY FEE

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

Publication Fee
Publication fee is around 1% of the property value.

Registration Fee
Registration fees are around 5% of the property value and it is split equally between the buyer and the seller.