Buyers

This is a list that any buyer should be aware of before going into the market to purchase a piece of property.

1- Location:
Location of the property is very important. Factors to consider are closeness to local amenities, major employers,or major highways. At Kataco, we can help shape your undestanding of the property location. We have specific knowledge on the local level of demand, the type of properties that are sought after, and popular areas.

2- Maintenance:
In case you are buying a house, apartment or an office you have to factor in maintenance costs. New property have lower maintenance and running costs than an older property.

3- Create Your "Wishlist":
Make your wish list. Focus on the features you want in a home OR APARTMENT: 2 bedrooms or 3? 1 bath or 2? Garage or no garage? Knowing what you're looking for will help you focus your search. And it will help Kataco work towards your goal.

4- Looking for your property:
Kataco has hunders of Listing and many affiliates around the country. We WILL be able to find the property that fits your needs and goals. We are dedicated to help you find what you are looking for. Contact our offices today to initiate a search for no cost to you, or simply search our online database.

Realtor and other fees: Please refer to the end section.

Sellers

Selling your property is a big financial investment. Kataco has put for you some points to consider.

1- Be Informed:
When selling your property, Kataco can give you up-to-date information about what is happening in the marketplace as well as the price, and terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle. You don't want to undersell your property, and you don't want to overprice it and loose possible customers.

2- Get the Proper Exposure:
In addition of having your property posted on our website and get exposure to thousands of possible buyers, Kataco will keep an eye on its own clientelle and whether your property falls within their search criteria. We also have manylocal connections which increases the possibility of selling your properety as fast as possible.

3- Get Professional Assisstance:
Kataco will also help close the sale of your home. Between the initial sales agreement and closing, questions may arise. For example, unexpected repairs are required to obtain financing or a cloud in the title is discovered. The required paperwork alone is overwhelming for most sellers. Kataco knows the ins and outs of the system, and will objectively help you resolve these issues and move the transaction to closing.

Fees to consider:

Documents: Any seller must know that upon selling their property, certain documents must be at hand, for example, the Map of the property in question, which could be obtained from the building department, as well as clearance papers to prove that there is no lien or any disputes on the property, or to verify that there is only one owner for the property. These fees must be provided for Kataco, or upon the seller's request, Kataco can obtain these documents from the building department for a certain fee which covers the price of the documents in the governmental institutions as well as Kataco's fees for obtaining these documents.

Realtor Fees: For realtor Fees, please refer to the end section.

International Buyers

An International Buyer who is planning to own a property in Lebanon must know some basic information about the law of foreign property ownership in Lebanon. Kataco provides the basic information about these laws, and will keep you updated when these laws change.

1- Allowed Property Ownership:
The Lebanese government has a limit on the size of the property that a foreign individual can own in Lebanon. The current set property size is limited to 5000 Square meters. This area does not need to be in one location in Lebanon. A foreign individual can own an accumulative property around Lebanon not to exceed 5000 Square Meters. You could own for example 2500sqm in the South of Lebanon, and 2500 in Beirut.

2- Partnership:
Being away from Lebanon, you need more than an agent to work with you while purchasing a property. You need a partner that looks out for your best interest. Partnering with Kataco on your next property purchase, means that you have a solid and firm ground for your investment. There are many agents out there, but only few that you can partner with. Kataco has established a solid reputation throughout the years, and we are recommended nationwide for our dedicated services.

3- Getting answers for your questions:
We can help answer any questions that can arise before, during and at the time of a purchase. Count on us to make your transaction as smooth as possible.

Realtor Fees: For realtor Fees, please refer to the end section.

Realtor Fees:

Kataco has one of the lowest realtor fees in the Lebanese market today. with only 2.5% comission fee from the seller, and 2.5% comission fee from the buyer, a total of 5%, no one can beat this price. We beleive that a little in abundance is a lot, and this is one of the main reasons for our success. At Kataco, we beleive that a good customer is an informed customer and we also beleive in fairness and transperancy. We make sure that our customers are well informed before hand regarding all the aspects of their transaction.

In addition to realtor fees, there are other fees to consider for buyers and for sellers, as well as for international buyers:

Buyers Fees: Before you pay and complete the transaction for your property, all expenses that are due are on the seller's expense. It is only when you make the purchase, the property registration expenses are on you. These expenses depend on the value of the property.

Seller's Fees: Any seller must know that upon selling their property, certain documents must be at hand, for example, the map of the property in question, which could be obtained from the building department, as well as clearance papers to prove that there is no lien or any disputes on the property, or to verify that there is only one owner for the property. These fees must be provided for Kataco, or upon the seller's request, Kataco can obtain these documents from the building department for a certain fee, that will cover the price of the documents in the governmental institutions as well as Kataco's fees for obtaining these documents.

International Buyers Fees: In addition to the fees that have been described in the Buyers section, an International Buyer has some extra fees to be aware of and these mainly consist of property search fees. Property Search Fees: Any international buyer must obtain a search clearance from all Districts in Lebanon to verify the amount of property that they currently own, and whether the property to be purchased would exceed the allowable area restriction set by the government. This means that you need seperate clearances from all the Lebanese districts before you can complete your transaction. These fees are usually around $2,500, including Kataco's fees for contacting all district offices and obtaing the necessary documents.