As a seller you must pay Income Tax (ISR), sometimes you may be exempt (for example: when you sell your home and you have not sold another property in the last three years, and the price does not exceed a certain amount of money). Also, you can deduct taxes significantly depending on certain factors (for example, real estate commissions). You must pay the commission to the real estate agents, although sometimes, some real estate consultants ask for a sum of money from the buyer in exchange for working hard to achieve a discount for the other party.
As a buyer, you will generally pay the notary fees, which can vary greatly, and will depend on conditions such as: the notary’s office and the location and value of the property, among others. The notary is like an impartial public servant, who will only comply with the formalities required by law. But the lawyers of ALBEST LAW & REAL ESTATE will watch over your interests, we will help you to verify the legitimacy of the property title, and that it is free of encumbrances; we will look for the best notary office for your specific case; we will make the purchase and sale contract and we will provide a total follow-up to the purchase and sale process, in order to offer the legal certainty that you need.
