COSTS INCURRED WHEN SELLING YOUR PROPERTY

Property Transfer Tax for land only - 2.5% of the Purchase Price.

Property Transfer Tax for house and land - first $150,000 exempt 2.5% on the excess.

Legal fees - Approx 1% to 2.5% of the Purchase Price (plus 17.5% VAT).

Stamp Duty - 1% of the Purchase Price

Land Surveyor's fee - Approx. BDS$1,500.00 (plus 17.5%VAT)

Early mortgage termination fee - There is often a fee when a mortgage is terminated before the agreed time period. (Rates vary dependent on financial institution.)

Standard real estate fee - 5% plus 17.5% V.A.T.