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The costliest error involves relying on the seller’s lawyer. The developer is paid on completion, which differs from looking after your interests. 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. A certified translation costs little set against the sum being committed. Promises made in conversation will not help once a dispute starts — the document governs.
Committing to an unbuilt project blindly has ruined a great many buyers. Ahead of a deposit, look at previous developments, herceg novi house prices the construction licences, and the guarantees on staged payments. Projects running behind schedule are normal even in good markets; unfinished projects are rarer but much more damaging.
Forgetting about resale is a subtler error. Any property will eventually be sold, and koycegiz real estate for sale the resale market determines the price. A property that only appeals to foreign buyers is harder to move when sentiment turns.
Last of all, many buyers underestimate the running costs. Tax filings may be required even in years with no rental income, houses for sale in kyrenia and albena real estate for sale overlooked notices generate charges that accumulate quietly. Putting in place a local tax adviser from the first year avoids most of it.