Apartment won't sell

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phoenix_n

Guest
These homes are only going for €190-€220k(not a typo - just one of the least developed parts of the country!). Have I got it right in thinking stamp duty isnt a factor in this case?
Its a factor if the buyer is not a FTB.
Second hand Property - Stamp of 4% for non-ftb status.

(€190,501 - €254,0000% :4%)
 

Calina

Frequent Poster
Messages
44
I think it depends on the square metrage and whether the next purchaser is an FTB or not.
 

demoivre

Frequent Poster
Messages
2,624
Be it houses or whatever, sellers are usually very efficient at passing on price increases to buyers.
That's only true if the demand for houses is price inelastic which is not always the case, particularly so in a slowing market imo.
 
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