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The Real Cost of Owning Property Abroad: What the Listing Price Hides

Purchase costs arrive first. Depending on the country, they typically include stamp duty, notary costs, registration fees, lawyer’s fees and the agent’s commission. As a working assumption, reserve a noticeable share above the purchase price, then check the exact local rates. Recurring property taxes follow. Rates differ enormously, and certain jurisdictions levy a separate rate …

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