Montenegro is located on the Balkan peninsula on the coast of the Adriatic Sea, which has been very successful in the real estate market in recent years. The tourism industry has distinguished itself so much that many foreigners have decided to invest in buying a property in Montenegro.
Everyone who buys real estate always pays attention to the following questions:
We recommend that you contact a professional real estate office, such as ours, in order to avoid potential problems, so that the purchase or sale of the property is done in the safest way.
A number of obligations apply to property owners in Croatia who are foreign nationals and who rent out their own property. The whole process is not too complicated, it just takes a little time to get the necessary documents before the tourist season starts. The taxation of apartments, rooms and beds for tourists and travelers in Croatia is...
Croatia is one of the most popular maritime real estate purchase destinations for Hungarians. It also attracts foreign investors from other countries. The proportion of foreigners among customers in Croatia was 14 percent in 2010, and in 2020 every fourth was a foreigner. In coastal areas, this proportion rises to around 30%. Why are Hungarians so...
Starting from the second half of this year, a slowdown can be felt more and more in the housing market, but based on the time of sale, there are still hits. Apartments with a smaller floor area - whether panel or brick-built - in Budapest and the cities under county law sell quickly, within 1-2 months. In Budapest, panel apartments...
November 18, 2022. An almost ten-year boom in the housing market has now come to an end. While we still saw a huge price increase in the second quarter, it ended in the third quarter. Demand plummeted, loan interest rates dropped, borrowing decreased, and the number of transactions fell by a third. According to the MNB Housing Market report,...
Another summary with the latest news and current events.
Is it worth taking out a loan now?
Due to the increased demand and the extreme overload of the grid, the government has decided to change the rules for the installation of solar panels. The unfavorable decision for many was announced by Gergely Gulyás at the October 13 press conference.
Renovated properties are primarily in demand, buyers are more cautious about new constructions and apartments in need of renovation due to rising construction material prices and rising construction costs. According to real estate agents, the demand is still lively, the proportion of credible buyers has not decreased, but the housing market may...
What does the amount of property acquisition tax depend on and how can a residential property be tax-free? In this article, I go over the most common questions related to wealth acquisition tax, from the perspective of the real estate market.
Many real estate agents and freelance realtors from different real estate agencies work to ensure that everyone can find the property of their dreams - whether for the short or long term. But what does a real estate agent do? What does your day consist of, what tasks do you perform, what are your powers when renting or selling, how...
What is a letter of intent to purchase? When is it advisable to fill it in and when is it considered almost unnecessary? Does this extra security on top of the deposit and the deposit make sense? Which party's interests are you protecting? Among other things, I answer these questions in the article.
We often hear that the right of usufruct is stronger than the right of ownership. Is this statement true? What are the rights of the beneficiary against the owner? How long does widowhood last and what exactly does it cover? Is the usufruct right inheritable? Answers to the most important questions regarding usufructuary rights.
Are you looking for a new place to live or would you like to buy a property only for investment purposes? In any case, carefully consider the costs and options, be aware of the necessary steps, and have a good real estate expert and a lawyer who will help you achieve your goals under favorable conditions. What should you consider...
Obtaining the necessary documents for the sale of the property can become a time-consuming and long process, so it is worth starting to collect them in time, even before posting the real estate ad. It is important that everything is in order: a truly interested buyer will ask for these documents, their existence is often a prerequisite for...
How does the purchase of a mortgaged property take place? What are the advantages and disadvantages of buying such a property? What are the pitfalls, what should you pay attention to?
Rewriting a public utility can be a long and therefore costly process: those who hate bureaucracy can easily start delaying the announcement of the change, and if they miss the set deadline, they can expect to be punished.
Taxation after the sale of real estate depends on two things: the tax rate and the tax base. So it is not enough to look at the actual SZJA, but also to follow the change in the tax base: in recent years, the tax base has increasingly shown a decreasing trend.
Do you want to sell your apartment or are you simply wondering how much your property is worth in the current market situation? You can try out the army of online real estate valuation calculators, or you can ask for the help of a real estate expert if you feel lost in the forest of so many aspects.
I have been selling real estate for almost 13 years. I have encountered many different situations, yet I regularly find myself in unexpected situations. In such cases, I am forced to improvise, since there is no possibility of going back to a previous experience. I have never had the need to engage in a chess-like duel with a potential customer. ...