When purchasing a property, the prospective buyer should take into account several additional expenses beyond the stated sale price.
These costs increase the actual value of the investment and typically include:
Lawyer’s fee
Notary public fee
Real estate agent’s commission
Property Transfer Tax (Φ.Μ.Α.)
Municipal tax (in favor of the local authority – O.T.A.)
Land Registry or Cadastre registration fee
Registration fee for any mortgage or pre-notation
