What to consider before buying property
Buying property abroad or at home involves legal, financial and practical checks. This overview helps you prepare questions for qualified professionals.
Due diligence
- Ask an independent lawyer to review the title, liens and any restrictions in the public registry.
- Confirm boundaries with a survey and check access roads, water and electricity.
- Find out about zoning and whether your plans for the property are allowed.
Costs beyond the price
- Ask about transfer taxes, legal fees and registration costs.
- Budget for property taxes, insurance and maintenance.
- If you are financing, understand rates, currency and terms.
Working with agents
- Ask how the agent is paid and whom they represent.
- Get important promises in writing.
This guide is general information and not legal, financial or medical advice. Rules change — confirm details with a qualified professional.