Select one of the frequently asked questions below to learn more about buying, selling, and renting real estate. Also, begin to think about important things to consider when diving into your real estate search.
How will I know which property suit my needs?
We strongly suggest that you ask yourself the following questions before starting a house hunting exercise: Does it fall within my budget? What loan amount will the bank grant me? Which areas fit within my day-to-day life? Prioritize features as per your lifestyle (ex. Outdoor area to entertain friends or a spacious accompanying garage for your collection of cars)
Do you have more properties apart from the ones visible on the website?
Yes the list presented on the website is not our complete database. Kindly get in touch with us for further lists and a personalized assistance.
What should I place in the promise of sale?
Always place any conditions, which you are subjecting the sale to – such as granting of PA permits.
How much do I have to pay on signing the promise of sale?
A sum equivalent to 10% of the price. This deposit is lost if the buyer fails to complete the final deed of transfer based on no valid / legal reason.
What is the standard duration of a promise of sale?
It is usually between 3-6 months
What is the main task carried out during the above period?
Notary research on the property being acquired.
When acquiring a property what are the main expenses for the buyer?
5% Stamp Duty
Around 1-2% Notary Fees
Estimated 500-1000 Euro Searches and Registration Fees
Other: Permits, Architect
When buying a property who pays the agency fees?
All agency fees are borne by the selling party (i.e. the vendor)
What are the main types of ground rent?
Freehold means no ground rent applies. Ground rent can take the form of: Perpetual, Temporary, Revisable, Non-Revisable (or a combination of any).
When renting a place what are the main elements one should place in the rental agreement?
Inventory of items within the property, fees, duration, guarantee money, utility bills coverage
What is the difference between a short and long let?
A long let is usually 6+ months, whereas a short let is less than 6 months.