Starting from 30 May 2020 and until the end of 2020 the transfer tax for first time foreign buyers are reduced to only 1% if they are buying a house that is less than 140 m².
For later purchases, if the house is up to 300 m² the transfer tax is 3% and if the house is more than 300 m² the transfer tax is 4%.
For transfer of other types of properties the tax amount is also 4%.
Related practice area: Property & Land