When selling a house in Curaçao, there are several costs to consider. Many people think of the real estate agent's fees, but there are other expenses involved as well. In this blog, we will discuss the costs associated with selling a house in Curaçao and how they relate to the law.
Real estate agent fees
When you engage a real estate agent to sell your house, you will typically pay a commission of 3 to 5 percent of the sale price. However, this amount may vary between real estate agencies. In addition, a real estate agent may also charge upfront costs such as the cost of listing your house online, taking photos, and putting up a for sale sign. It is important to make clear agreements with your real estate agent regarding the costs beforehand.
Preparing for sale
Before putting your house up for sale, it is important to make it ready for sale. This may involve doing some repairs or thoroughly cleaning the house. These costs vary greatly and depend on the condition of the house and what needs to be done.
Mortgage discharge costs
If you have a mortgage on your house and it is not fully paid off, you must also discharge the mortgage when selling the house. This must be done by a notary, and there are costs involved. The costs depend on the amount of the mortgage and range from 500 to 1500 guilders.
When selling a house in Curaçao, there are various costs to consider. In addition to real estate agent fees, there are also costs associated with preparing the house for sale and discharging the mortgage. It is important to gather information and make clear agreements with all parties involved beforehand to prevent unpleasant surprises later on.
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