Austria

A guide to buying a property in Austria Buying property in Austria is orderly, efficient and quick, however the procedures vary per region. Forms of property ownership Property in Austria is almost always Freehold Title. There are three main forms of residential property ownership as defined by municipal authorities. It is therefore important for buyers to decide beforehand what type of property they wish to invest in (main residence, holiday home or rental home). Main residence...

Cyprus

A guide to buying a property in Cyprus The process of buying real estate in Cyprus by non-Cypriots has been simplified since 2004, when Cyprus joined the EU. From this point, most of the restrictions on buying a property were lifted for EU citizens. Foreigners can buy a home in Cyprus, and are entitled to hold freehold land. A permit to register a property is needed from the government, but can easily be obtained through a lawyer. The legal processes of property buying in Cyprus is based...

Florida

A guide to buying a property in Florida: 1. THE DECISION TO BUY Whether you are a first-time home buyer or entering the marketplace as a repeat buyer, you should define your reasons for purchasing a home. Are you planning to move to a new community due to a lifestyle change or is buying an option and not a requirement? What would you like in your new home that you do not now have? Do you have a purchasing timeframe? When buying a home in Florida, your Realtor (Real Estate...

Hungary

A guide to buying a property in Hungary Before purchasing a property you should always inspect the government land register for any legal requirements, rights and restrictions including the seller's ownership title, mortgages, liens, pre-emption rights, rights of way, canals, lines, brooks. For this purpose you can obtain a current extract from the government land register about any Hungarian property available from every district court. After choosing a property, the buyer, agent and...

Italy

A guide to buying a property in Italy In Italy the purchase of an Italian property is a regulated process. The legal side for buying an Italian property falls into two stages, the Exchange of contracts (compromesso) and the Completion (il rogito). Prior to Exchange of contracts The buyer must have obtained an Italian fiscal code number (Codice Fiscale) and opened a bank account in Italy. Further tax advice should be sought as to the advantages/disadvantages of becoming resident in...

Malta

A guide to buying a property in Malta How difficult is the property purchase process in Malta? EU citizens may purchase one property in Malta or Gozo, though more properties may be bought in 'Specially Designated Areas' – such as Tigne Point, Portomaso, Cottonera, Manoel Island, Chambray. Rules for non-EU buyers Other foreign nationals, who are not citizens of the EU, are required to obtain an Acquisition of Immovable Property (AIP) Permit from the Ministry of Finance –...

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