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?
...
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.
Get behind the paywall and more...
Get the data behind 80+ countries for $39 per month.
Latest Market Reports
Rental Yields
House Price Indices
Rent Price Indices
Square Meter Prices
Median Property Prices
Median Rent Prices
Mortgage Rates
Property Taxes
Quarterly Trackers
Quarterly Market Overviews