By Vangjel Dhimo on February 25th, 2023
What are the taxes and costs of a vendor when selling a property in Saranda, Albania? What tax and cost do you pay when you sell a property?
Do you want to sell a property in Saranda, Albania but aren’t sure how much it would cost? It is strongly advised to examine this before listing your house for sale, and sometimes even before purchasing a property, especially if it is an investment, so you have all of your cards in hand!
Here is the complete list of taxes and expenses that you must pay when selling a property in Saranda.
When a vendor wants to sell his property, he must pay a tax difference of (15%). This tax is calculated by subtracting the price at which the seller purchased the property from the price at which he intends to sell it. If he paid 100.000 euros for it and sold it for 120.000, he must pay 15% of the 20.000 difference.
SOME QUESTIONS AND ANSWERS
HOW TO SELL A PROPERTY IN ALBANIA?
The procedure begins with listing your house for sale and, if desired, selecting qualified real estate agents. Simultaneously, it is strongly advised that you begin analyzing all of your selling expenses and taxes, as well as estimating your income tax. This data may assist in determining the ultimate asking price at which the property will be advertised. We propose that you control the property so that it is appropriately positioned on the internet at the same asking price by everyone you tell to sell the property.
When you get an offer on your property and the negotiating process is completed. With the initial deposit payment, you must prepare a reservation or a private purchase contract. The rest of the payment is made in the notary simultaneously with the signing of the title deeds and the process goes on as previously described in the purchase blog. Good luck! And if you do want to use an exceptional real estate agent to sell your property in Saranda, please get in touch with us!
