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PUNTA PERLA PURCHASE PROCESS
The purchase of a Punta Perla property is split into three simple stages:
| The process is as follows: |
1. Reservation fee of $10,000 (£6,000 or €8,000) 2. 30% Deposit (Minus the reservation fee) 3. Remaining 70% balance of purchase price Taxes and expenses on the conveyance of real property are approximately of 4.4% of the market value of the property* Mortgages for the 70% balance are available, secured on the property. It’s that simple... *3% Transfer Tax (Law # 288-04) , 1.3% Document Stamp Tax (Law # 835-45) , Minor expenses such as tax on certified check and sundry stamps. |
