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General Terms and Conditions (AGB)

Transparency and trust are top priorities at PMI Real Estate.

Here you will find our current General Terms and Conditions (GTC), which clearly and comprehensibly regulate the legal framework of our services - from property brokerage to valuation.

Please read them carefully, especially if you wish to buy, sell or enquire about a property through us.

Incidental acquisition costs

The additional costs described below are for guidance only. PMI Real Estate recommends in any case an individual examination by a lawyer or tax consultant in the respective country in order to clarify legal and tax particularities.

Note on additional costs when buying property in Austria

Please note that when purchasing a property in Austria, the following additional costs are incurred in addition to the purchase price:

  • 3% estate agent's commission plus 20% VAT.
  • 3.5% land transfer tax
  • 1.1% registration fee for the land register
  • Contract drafting costs with a lawyer or notary of your choice (depending on the effort involved)

Note on additional costs when buying property in Cyprus

When purchasing a property in Cyprus, the following additional costs apply (for EU citizens as well as international buyers, depending on the region and the purchase price):

  • Stamp duty: staggered up to max. approx. 0.20%
  • Land register entry: approx. 0.15 - 0.35%
  • Legal fees: approx. 1 - 2% of the purchase price (depending on the agreement)
  • Value added tax (VAT): 19% on new builds, 0% on existing properties (possibly with 5% reduction for first-time buyers)
  • Further individual fees (e.g. for authorisations for non-EU citizens) may apply.

We recommend early consultation with a local lawyer or tax consultant.

Note on additional costs when buying property in Greece

When buying a property in Greece, the following costs must be taken into account:

  • 3% land transfer tax (on the notarised purchase price)
  • Notary fees: approx. 1 - 1.5%
  • Land register or cadastral entry: approx. 0.5 - 0.7%
  • Legal fees: approx. 1 - 2%, depending on the agreement
  • Possibly additional translation or authorisation costs for foreign buyers

We recommend early consultation with a local lawyer or tax consultant.

Note on additional costs when buying property in Dubai

In Dubai, the following standardised costs are incurred when purchasing a property:

  • 4% Dubai Land Department (DLD) Transfer Fee
  • 2% estate agent commission (typical, may vary)
  • Contract preparation/registration fee: approx. 0.25 - 0.5%
  • No Objection Certificate (NOC) Fee: depending on the project approx. AED 500 - 5,000
  • Trustee Office fee: fixed at approx. AED 4,000 - 5,000

All figures are subject to local changes and depend on the project and transaction structure. We recommend early consultation with a local lawyer or tax advisor.

Note on incidental rental costs in Austria

When concluding a tenancy agreement in Austria, the following additional costs and one-off payments are incurred in addition to the monthly rent:

  • Deposit: Usually 3 gross monthly rents, as a security deposit. This will be refunded upon proper return of the property.
  • Estate agent's commission residential rent: max. 2 gross monthly rents plus 20% VAT (for open-ended contracts or contracts with a term of more than 3 years)
  • Estate agent commission commercial rent: By agreement, usually up to 3 gross monthly rents plus 20% VAT.

The brokerage of rented flats is carried out in accordance with § 17a of the Real Estate Agent Act (MaklerG) according to the buyer principle.