What do I need to know when buying property in Macedonia?
When we asked expats what advice they would give a foreigner before buying a property in Macedonia, they said...
"1. It is important to research the local market and familiarize yourself with the laws and regulations governing property purchases in Macedonia. 2. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 3. It is important to obtain a title deed for the property, which will provide proof of ownership. 4. It is also important to obtain a building permit if the property is to be used for construction or renovation. 5. It is important to be aware of any taxes or fees that may be applicable to the purchase of the property. 6. It is also important to be aware of any restrictions or limitations that may be placed on the use of the property. 7. It is important to be aware of any potential environmental issues that may be associated with the property. 8. It is also important to be aware of any potential risks associated with the purchase of the property, such as flooding or other natural disasters," commented one expat who made the move to Macedonia.
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What do I need to know when buying property in Macedonia?
If you live in Macedonia, newcomers to Macedonia would love to hear your answer to this question:
