Selling your property

What tax applies to the sale of residential property?

This is general information, not individual legal or tax advice. Rules and fees may change: before a transaction, check the primary sources and consult a specialist about your circumstances.

For an individual, the gain from selling a residential apartment or house is taxed at 5%. The taxable amount is generally the positive difference between the sale price and the documented acquisition price, rather than the full sale proceeds.

Information checked on:

Primary sources

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