Purchase costs come first. From one market to another, the costs can include transfer tax or stamp duty, buy apartment in greece notary costs, land registry charges, lawyer's fees and broker fees. As a working assumption, set aside a noticeable share above the purchase price, and verify the actual local figures.

Recurring bang tao investment property taxes apply every year afterwards. The rates differ enormously, and some countries charge higher rates to non-residents. Where a unit is left unused most of the time, vacancy taxes can apply.

Service charges are easy to underestimate. A unit in a development with a swimming pool, landscaping and a concierge carries monthly costs that continue regardless of occupancy. Obtain the last two or three years of accounts before you commit, and enquire about any planned major works.

Remote ownership creates its own cost line. A local manager needs to handle keys bar real estate for sale leaks and repairs, accept correspondence from the authorities, and bolu real estate arrange the work of contractors. Professional management usually takes a share of rental income, and doing without it tends to become a false economy.

Insurance, running costs and the cost of selling round out the budget. Tax on the sale may apply even to a non-resident owner, sometimes at a different rate. A sensible test involves building a simple long-term cost projection at the offer stage — the figure generally lands above the initial estimate.