There are several items of extra cost, over and above the purchase price, that need to be taken into account when buying a resort villa at the Barrier Reef Eco Resort
Extra costs when purchasing include:
Stamp duty - is levied on the sale price on a sliding scale.
If the property becomes the "Principal Place of Residence", stamp duty is levied at 1% provided conditions laid down by the Queensland Government are met.
Legal Fees - These are charges for conveyancing, transfer of Real Estate.