Common Mistakes When Buying A Home In Another Country

Z Mazovia




The costliest error is using the agent's recommended lawyer. The seller is paid only if the sale goes through, which differs from acting for you. Your own legal adviser represents a small fraction of the purchase and remains the best protection.



Putting your name to untranslated contracts comes a close second. An official translation costs little compared with the purchase price. Promises made in conversation carry no weight when the written text differs — only the signed text matters.



Committing to an unbuilt project blindly has ruined a great many buyers. Ahead of a deposit, look at the developer's completed projects, the building permits, and whether payments are held in escrow. Late deliveries are common even in good markets; stalled projects are the exception but far worse.



Ignoring the exit is a quieter mistake. Any tivat property for sale will one day be sold, and the pool of future buyers decides what you get back. A home that only appeals to foreign buyers takes longer to sell in a weak market.



Finally, many buyers misjudge the annual paperwork. Local tax returns can be required regardless of whether the buy property in kartal earns anything, and overlooked notices attract penalties that grow over time. Setting up professional help from the start prevents most of it.