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Blog entry by Gabrielle Greenough

The costliest error remains taking legal advice from the other side. The developer gets a commission on completion, which is not the same as looking after your interests. Separate legal representation costs a small fraction of the purchase and montenegro real estate is the single best safeguard.

Signing documents you cannot read is nearly as costly. An official translation is inexpensive compared with the sum being committed. Promises made in conversation will not help once a dispute starts — the document governs.

Purchasing off-plan on trust has ruined a great many buyers. Before any payment, northern greece real estate examine the developer's completed projects, the building permits, property for sale in herceg-novi and how deposits are protected. Late deliveries are common with even the best developers; abandoned sites are rarer but genuinely ruinous.

Ignoring the exit is less obvious but just as costly. Any podravska property prices will one day be sold, and the pool of future buyers determines the price. A property that only appeals to foreign buyers is harder to move in a weak market.

Lastly, many buyers misjudge the running costs. Annual declarations may be required even when the home sits empty, and overlooked notices attract fines nobody warns you about. Arranging a local tax adviser at the outset prevents the majority of these headaches.