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The costliest error is taking legal advice from the other side. The developer is paid on completion, which is a different interest than protecting the buyer. Your own legal adviser costs a modest share of the price and is money well spent.

Putting your name to untranslated contracts ranks close behind. A certified translation is a small expense set against the purchase price. Assurances given by the agent carry no weight once a dispute starts — the document governs.

Buying off-plan without checking the developer has damaged many budgets. Before any payment, kakheti real estate look at previous developments, tenerife homes for sale the building permits, and the guarantees on staged payments. Delays are common with even the best developers; abandoned sites are rarer but much more damaging.

Thinking only about the purchase is less obvious but just as costly. A home bought abroad will one day be sold, and the next buyer decides what you get back. A unit that only appeals to foreign buyers takes longer to sell when conditions change.

Finally, a lot of buyers misjudge the ongoing obligations. Local tax returns may be required even in years with no rental income, gazimagusa property prices and late filings lead to fines that grow over time. Arranging a local accountant from the start heads off most of these problems.