If the property is not your principal residence, or if it was but was subsequently rented out for a period of time, there will be a capital gains tax liability triggered by selling the property if of course a gain has been realised. Am I Liable for Capital Gains Tax If Selling My House / Apartment? This avoids the need to pay the money out of pocket.Īll management fees will need to be discharged up to the date that the property is closing again your solicitor can agree to discharge these fees from the proceeds of the sale. Typically, your solicitor can provide an assurance to the management company that this fee can be discharged from the proceeds of the sale on closing. The management company charges a fee, typically in the region of €250, in order to provide this information. If your property is part of a multi-unit development, the management company will need to provide a host of information and documentation pertaining to the development to your solicitor, who in turn will make this information available to the purchaser’s solicitor for review. You can get real time quotations from property conveyancing solicitors at the Auctioneera Conveyancing Marketplace.īROWSE BER ACCESSORS MUD Act Queries & Management Fees While prices vary, you should budget in the region of €2k + VAT. In order to sell a property, you will need to engage a solicitor to handle the legal side of things this is known as the conveyancing part of the process. So a property selling for €300k can incur estate agency fees of well over €6000! Auctioneera, by contrast, charges a low fixed fee of €1995+VAT so there are massive savings to be had for savvy vendors. Many estate agents will also charge marketing fees of in the region of €500. Fees vary dramatically between estate agencies with some agents charging as much as 1.5%+VAT. Estate Agency FeesĮstate agency fees make up the lion’s share of the cost of selling a property. In this article, we dig a little deeper into the true cost of selling a property in Ireland. The process typically starts with a property owner engaging an estate agent to run the sales process. Selling a property is a major financial decision.
CONVEYANCING FEES FOR SELLING A PROPERTY FREE
Book Free Valuation Now The Hidden Costs of Selling a Property
0 kommentar(er)
