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Png Property

Discussion in 'Buying Overseas Property' started by damien, Sep 16, 2006.

  1. damien

    damien New Member

    Hello all,
    Can some one help me with some information about buying a property in png. What is the cost involved? E.g. Stamp duty/ taxes etc. Is there a website or similar i can find out about land taxes etc? How much does a png real estate agency charge a manage a property
  2. daniel

    daniel New Member

    Hi Damien,
    If its your first home, you will not pay stamp duty. If it is for investment, stamp duty is 5% of the total cost of property.

    Other costs, such as insurance and bank fees will again be contingent on the cost and/or value of the property.

    This is far as I can help but close to accurate information can be provided if you indicate the cost of the property.

    All the best in your endeavors,
    Many Thanks
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