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Transfer fees by the Department of Land and Surveys
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Transfer fees by the Department of Land and Surveys

The fees charged by the Department of Land and Surveys for transfers of immovable property are as follows:

 

Value

Rate

Fee

Accumulated fees

%

Up to 85.000

3

2.250

2.550

85.000 - 170.000

5

4.250

6.800

Over 170.000

8

 

 

 

In an effort to revive the real estate market, sale-purchase contracts concluded between 2 December 2011 and 31 December 2016, which are subject to VAT, will be exempt from the above transfer fees and those not subject to VAT will be eligible for a 50% exemption from the above transfer fees (under certain conditions).

 

In the case of property transferred from a company whose shareholders are spouses and/or their children, to one of the two spouses, or their children or to a relative up to third degree of relation the transfer fees are calculated on the value of the property as follows:

  • if the transfer is to a spouse  - 8%
  • if the transfer is to a child       - 4%
  • if the transfer is to a relative  - 8%

 

Also the following rates are applicable in the case of free transfers:

  • from parents to children               - 0,2%
  • between spouses                         - 0,4%
  • between third degree relatives   - 0,4%
  • to trustees                                       €50

 

Value in these cases refers to values as at 1 January 1980.

 

Mortgage registration fees are 1% of the current market value.

 

In the case of companies’ reorganizations, transfers of immovable property are not subject to transfer fees or mortgage registration fees.

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