If a Contract of Sale is made, 0.5% of Sale Price as Stamp Duty (Paid by the Vendor)
6% Land Registry Fee for Transfer of Immovable Property Title Deed (However, each Purchaser has the right to pay 3% instead of 6% on a one-time basis)
5% VAT (Paid by the Purchaser; subject to change based on the Professional status of the Vendor. If the Vendor is not a Professional, Purchaser does not pay the 5% VAT)
Capital Tax (Paid by the Vendor)
The applicable taxes are different if the transfer is done as a gift; 0.2% for gift from parents to children, 0.4% for gift from one spouse to another, 0.4% and capital tax for gift from grandparents to grandchildren