Transaction costs come first. Across different markets, these can include stamp duty, notary costs, registry costs, lawyer’s fees and the agent’s commission. As a working assumption, set aside extra funds beyond the price itself, and verify the actual local figures.
Recurring buy property in mojkovac taxes come next. The rates differ enormously, and certain jurisdictions charge a separate rate for greece real estate non-residents. If the home stands vacant for much of the year, extra charges sometimes apply.
Building charges are often overlooked. An apartment in a managed building with a swimming pool, a lift and round-the-clock security generates regular fees that continue whether you are there or not. Ask for the last two or three years of accounts prior to purchase, and enquire about upcoming renovation projects.
Being far away adds a category of its own. A caretaker has to be available for emergencies, receive correspondence from the authorities, and organise the work of contractors. A management company typically charges a monthly fee, and managing remotely alone often becomes costly in the long run.
Insurance, buy property in kata utility standing charges and exit costs finish the picture. The tax due on a future sale often applies to non-resident sellers, and the resident rate is not always the one that applies. A sensible test involves building a five-year running-cost estimate before making an offer — the result tends to exceed what the buyer imagined.