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Reply To: Buying! Checklist help needed?

#48282
moggy1923
      • Topics: 89
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      • Practcally Cretan
      • ★★★★★★
      Member since: 29th April 2007

      I agree with Kathleen’s comment below

      As an aside, I believe the tax to be paid on a recent name change might be considerably higher for the buyer.

      I can not find the article now, but it is my opinion that the amount of Tax a buyer pays on a property depends how long it was owned previously. I might be wrong it might be that the Tax is higher for the seller?

      Another BIC person might be able to advise?

      2F623C3A23570 wrote: The house can not be sold until it is legal, if they wish to sell, the sellers should be prepared to fund the cost of legalisation themselves. As has been said already, run!

      There are plenty of other properties to choose from so don’t take any risk as far as your money is concerned.

      Kathleen

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