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Foreign real estate

14.07.2022

The acquisition of real estate abroad should be treated with all responsibility. It is necessary to choose the country not on the principle of “like or not like”, but taking into account a number of factors. The first thing you should pay attention to is economic stability. It is necessary to carefully familiarize yourself with the tax legislation in order to keep abreast what taxes will have to be paid. Each country has its own special opinion in this subject, therefore, in order to avoid unpleasant surprises in the form of exorbitant tax burden, you should consult with specialists in this area.

It will also be useful to find out what migration policy the state pursues. After all, it may very well be that you will be banned by entry into the country or limit your stay in it to a minimum, despite the fact that you own real estate on its territory.

According to sociological studies, our fellow citizens prefer to buy real estate in Bulgaria, Spain, Montenegro, Turkey, Cyprus, Czech Republic, etc. European countries. The special arrangement of Russians is used by Turkey. Popular is both buying and renting real estate in Turkey. The market of residential objects of this country is quite lively now, because reduction of prices entailed an increase in demand, one third of which falls on Russia. Buyers are presented to the studios, two – and three -room apartments, apartments, houses, villas, etc. D. The cost of a particular property is due to factors such as a district, location, the presence of developed infrastructure, quality and class.

It is possible to buy real estate on credit. Recently, there has been some warming in relations between bankers and borrowers from Russia. If earlier our compatriots were extremely reluctant to provide a mortgage loan, today the bankers are ready to give it out for long terms and on flexible conditions. Buyers of real estate in Turkey give the greatest preference to the cities of Antalya, Kemer, Bodrum, Alania and a new, relatively quiet resort regions.

Most of the people acquiring real estate in Turkey live in it only during the holidays. The rest of the time, the apartment and home, as a rule, is rented out, providing the owners with a stable income. The whole process of buying real estate is organized using real estate agencies, the services of which are not so expensive.

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