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Swakopmund Namibia Prime Property & Real Estate for Sale Nel's Estates Newsletter New Transfer Duties Applicable from 1 May 2010 (As per Transfer Duty Amendment ACT B.12 - 2010)
- up to N$ 400 000 ( 0% )
- above N$ 400 000 and not exceeding N$ 800 000
(1% of the said amount exceeding N$ 400 000)
- above N$ 800 000 and not exceeding N$ 1 500
000 (N$ 4000 plus 5% of the value exceeding N$ 800 000)
- above N$ 1 500 000 ( N$ 39 000+ 8% of the said
value exceeding N$ 1 500 000)
The above reduction in transfer duties will assist the entry level & mid-level buyers tremendously. We commend the Government on passing the new act. Hot Property at the moment : Houses : Affordable : Flats : "MAKE USE OF AN ESTATE AGENT AND AVOID UNNECESSARY STRESS ! " ( Useful Information when buying a house ) Houses for Sale | Flats for Sale | Self Catering Holiday Accommodation | Rentals | Seaside Cleaners |
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