Here are some frequent questions you may have, and we’re here to help with clear, expert answers.

What do I need to qualify for a rental? 

• Rental Application Form 

• Proof of employment (Job Letter, Payslips etc.) 

• Proof of ID (Drivers License, ID Card etc.) 

• Security Deposit and First Month’s Rent 

How long does a sale take to close? 

• Cash Sales can close as quickly as 1-3 months once both Vendor and Purchaser have all necessary paperwork and Documents to hand. 

• Financed sales usually take a bit longer to close depending on the institution and attorneys involved, however on average 6-9 months. 

What’s the commission on a sale or rental? 

• Rental- Equivalent of a month’s rent + VAT 

• Sale- Equivalent of 5% + VAT of the sale price 

What’s the first step to buying Real Estate? 

• Mortgage Pre-Approval/Mortgage Qualification. Contact your financial institution to find out how much you qualify for to be able to purchase your dream property. 

If I sell my home; what are the associated costs? 

• Real Estate Agency Commission – 5% of sale Price 

• Attorney Fees- Usually around 3% of sale price 

• Property Transfer Tax- 2.5% on House and Land over $150,000 and 2.5% on land alone 

• Stamp Duty- 1% of sale Price. 

What do I need to list my property for sale? 

• Proof of Title Deeds 

• Recent Valuation 

• Recent Land Tax Bill 

• Plot/Site Plan (No older than 20 years) 

How would Serenity Properties market my home for sale? 

• We recognise that each property and each property owner will have their own unique circumstances, thus we create tailored individualized marketing strategies for each property. Marketing can usually include: 

• Serenity Website – MLS (Multiple Listing Services) 

• Social Media Listings – Internationally Accredited Websites 

Do I need to walk with anything at the time of Site Visit/ Viewing? 

• No, upon viewing and your interest is made clear, your agent will guide you on the next steps whether Sale or Rental. 

What’s the Difference between a Furnished, Unfurnished or Semi-Furnished Listing? 

• Unfurnished usually means no furnishings at all are included in the rental and tenants will have to furnish the unit themselves at their own expense. 

• Semi-furnished usually means Appliances only such as Fridge, Stove, and Washer/Dryer may be included in the rental. This can sometimes be used to describe partly or sparsely furnished spaces. 

• Fully Furnished usually refers to properties that are offered with a basic complement of furnishings.