How to Rent or Sale a Property in Punta del Este? 

	How to Rent
	Here below we´ll explain the aspects you need to know about renting properties in Punta del Este during summer season: Once you´re decided on the property you´d like to rent, your Realtor will pass on your offer to the landlord. He/she will decide weather or not your offer is accepted. Once an offer is accepted, a lease will be sign between you and the Realtor representing the landlord. In the event that a you don´t take possession of the property immediately, you must leave a 50% down payment altogether with the Realtor´s commission . The remaining 50% must be paid in full before checking in. You´ll be asked to leave a deposit to cover electric, telephone and water expenses. In the event that you occupy the property right away, the payment must be paid in full before check in. *(100% of the price stipulated on the lease) At this point the Realtor´s commission and deposit must be paid in full as well.
	Commission
	SALES : The commission fee stipulated by law in our country is 3% over final price plus tax. RENTALS : The commission fee stipulated by law in our country is 8% over final price plus tax.
	Taxes
	IVA : This 23% tax fee is applicable to the commission received by realtors. I.T.P : This is a tax fee applied to buyers and sellers .Both must pay 2% tax fee over fiscal value, every time a property is sold. This sum must be paid to the notary.* This fiscal appraisal value is usually lower than market prices.
	Rental Deposit
	The Rental deposit fee is 20% of final rental price shown on the lease. It will cover expenses (electric; telephone; water; replacements and maid services) during the rental period. The Realtor will refund the remaining money after paying off all these expenses.
	Apuntavamos is not responsible for sudden changes on taxes or commission fees here expressed. If you notice sudden changes, please get in touch with your personal Realtor