Glossary · Sell

Property gains tax

Property gains tax is a Geneva cantonal tax levied on the capital gain made on the sale of a property, that is, the difference between the sale price and the purchase price (plus recognised investment expenses). Its rate depends on how long the property has been held: the longer the period of ownership, the lower the tax rate. This tax is payable by the seller and should be factored into the calculation of the net return on a sale.

Glossary

  • Direct sale via a notary

    A direct sale via a notary is a property transaction concluded between a seller and a buyer without an intermediary, with the notary involved only to authenticate the final deed. This…

    Sell

  • Right of pre-emption (droit de préemption)

    The droit de préemption (right of pre-emption) is the legal right granted to a person or public authority to acquire a property as a priority, ahead of any other buyer, when the owner…

    Sell

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