The first thing to check is whether foreigners may own property there at all. Certain jurisdictions permit freehold ownership of apartments while restricting agricultural land; others ask for a corporate vehicle or a long-term lease in place of direct title. Such restrictions are revised from time to time, so confirm them at the time of the deal, not from second-hand advice.
What follows is due diligence on the property itself. An independent legal adviser should check the registered title, any mortgages or liens, construction approvals and whether the registered owner is actually the person entitled to sell. In a number of countries, unpaid utility bills follow the property, not the person who ran them up.
Money needs as much attention as the property. Setting up a local account is often necessary for the transfer, and local banks will ask loule real estate for sale proof of the source of funds. Currency conversion can change the final figure noticeably, so treat it as a glyfada real estate for sale line item.
A reservation contract usually comes first: a modest payment freezes the price for a set period. Look closely at what happens to that deposit if due diligence uncovers a problem. A clear provision gives back the money when the fault is on the seller's side.
The final signing normally takes place in front of a notary or puglia property an equivalent official, eriseira real estate depending on the legal system. The change of ownership is only complete once it is registered, a step that can take days or months. Store all the paperwork — the signed agreements, proof of taxes paid and the registry extract. These will matter at resale.
