What do I need to know when buying property in Jordan?
When we asked expats what advice they would give a foreigner before buying a property in Jordan, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Jordan, including the need for a valid passport and a valid residence permit. 3. It is important to understand the taxation system in Jordan and the associated costs of purchasing property. 4. It is important to understand the different types of property available in Jordan, such as residential, commercial, and agricultural. 5. It is important to understand the different types of financing available for purchasing property in Jordan, such as bank loans, mortgages, and other forms of financing. 6. It is important to understand the different types of insurance available for purchasing property in Jordan, such as fire, flood, and earthquake insurance. 7. It is important to understand the different types of maintenance and repair services available for purchasing property in Jordan, such as plumbing, electrical, and HVAC services. 8. It is important to understand the different types of services available for managing and maintaining property in Jordan, such as property management companies and rental services," commented one expat who made the move to Jordan.
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What do I need to know when buying property in Jordan?
If you live in Jordan, newcomers to Jordan would love to hear your answer to this question: