Apartment won't sell

serotoninsid said:
These homes are only going for €190-€220k(not a typo - just one of the least developed parts of the country!). Have I got it right in thinking stamp duty isnt a factor in this case?
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Its a factor if the buyer is not a FTB.
Second hand Property - Stamp of 4% for non-ftb status.

(€190,501 - €254,0000% :4%)
 
I think it depends on the square metrage and whether the next purchaser is an FTB or not.
 
Remix said:
Be it houses or whatever, sellers are usually very efficient at passing on price increases to buyers.
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That's only true if the demand for houses is price inelastic which is not always the case, particularly so in a slowing market imo.
 
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