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Completion normally takes place before a notary or an equivalent official, depending on the legal system. The new title only becomes final once it is registered, which can take anywhere from days to months.

Community fees are often overlooked. A flat in a managed building with a swimming pool, landscaping and shared parking generates monthly costs that run on even when the flat is empty.

Putting your name to untranslated contracts is nearly as costly. An official translation is a small expense compared with what is at stake. Verbal assurances carry no weight when the written text differs — the contract is what counts.

The payment side requires as much attention as the property. Getting a local account tends to be a precondition for paying taxes afterwards, and compliance departments typically ask for documented origin of the money.

Owning gives what renting cannot: protection from rent increases, control over the space, and a tangible asset that can grow in value. In several jurisdictions, ownership may also strengthen a visa application.

Purchasing off-plan on trust has damaged many budgets. Ahead of a deposit, examine the developer's completed projects, the building permits, and the guarantees on staged payments.

The second stage concerns the legal status of the property.

Insurance, running costs and the cost of selling finish the picture. Capital gains tax often applies to non-resident sellers, sometimes at a different rate.