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2 Comments
>From 1 October, retroactively, until the end of June next year, registration fees on home purchases will be cut in half. Through this measure, the government hopes to stimulate the construction of new homes sold off-plan, also known as ‘Vefa’ homes. This new rule applies to all properties, whether newly built or existing, according to Roth. It is will be applicable both to people buying their own homes and to investors seeking to buy properties for rental purposes.
This means that a couple can buy their first property up to 2.3M until the end of 2024 and 1.7M in the first 6 months of 2025 without paying registration fees. Who are we trying to help?
Hahaha. It seems that the go-to-solution for conservatives parties is to reduce/drop stamp duty on housing.
This is the housing equivalent of handing out 8,000€ to someone buying a €100,000 electric Porsche.