Not only on Twitter, the Notariat is now also on Facebook
Conveyances for consideration subject to proportional registration duty are taxed at the following rates:
- 9% for the purchase of property without preferential treatment;
- 2% for the purchase of property benefiting from “first home” assistance;
- 12% for the purchase of agricultural land by persons who are not farmers or professional agricultural operators registered with the relevant pension and welfare funds.
Parliament has however set a minimum of €1,000 if the calculation at the rates mentioned above is less than such minimum. Mortgage and cadastral taxes are due in the amount of €50 each. Where the transaction requires a non-proportional but fixed registration tax to be applied, the amount is set at €200.