Macau Home Asia Macau Buying Guide Buying Property in Macau More MO × Macau Financial Overview Overview Market in Depth Income Tax et al Tax Example Taxes if Resident Buying Guide Property Inheritance Country Statistics Property Investments Key Contacts Accountants Lawyers Real Estate Agents Mortgages Transaction costs can be high in Macau July 28, 2017 How high are realtors’ and lawyers’ fees in Macau? What about other property purchase costs? Transaction Costs Who Pays? Stamp uty 1.05% - 3.15% buyer Special Stamp Duty (SSD) 10.00% - 20.00% seller Additional Stamp Duty (ASD) 10.50% buyer Costs paid by buyer 11.55% - 13.65% Costs paid by seller 10.00% - 20.00% ROUNDTRIP TRANSACTION COSTS 21.55% - 33.65% See Footnotes Source: Global Property Guide Footnotes to transaction costs table The round trip transaction costs include all costs of buying and then re-selling a property – lawyers’ fees, notaries’ fees, registration fees, taxes, agents’ fees, etc. Stamp Duty Stamp duty for sales or transfers of property ranges from 1% to 3% of the property value. There is an additional 5% stamp duty levied on the stamp duty payment, hence the effective stamo duty is 1.05% to 3.15%. Notarial fees PROPERTY VALUE, MOP (US$) RATE Up to 2,000,000 (US$ 250,000 ) 1% 2,000,000 - 4,000,000 (US$ 500,000 ) 2% Over 4,000,000 (US$ 500,000 ) 3% Stamp duty for estate and gift transfers of property is around 5% of the property value. There is an additional 5% stamp duty levied on the stamp duty payment, hence the effective stamp duty is 5.25%. Special Stamp Duty (SSD) Special stamp duty is levied from 10% to 20% of the property value. It is applicable on properties acquired on or after 14 July 2011, and resold within two years of acquisition. The seller is liable to pay the special stamp duty. Additional Stamp Duty (ASD) Additional stamp duty is levied at a flat rate of 10.50% of the property value. It is applicable on residential properties acquired on or after 27 October 2012 by corporations, sole proprietorships, and nonresident individuals. The buyer is liabale to pay the additional stamp duty. Comments Be the first to comment on this article! Login or Register to submit a comment! In order to promote open and spam-free conversations, Global Property Guide moderates commetns on all articles. You can expect that your comment will be published within 24 hours.