Buyers Guide
Advice on buying Slovakia Property / Real Estate
You have found a Slovakia property / real estate you wish to purchase what next?
Buying Property in Slovakia - Costs of Purchasing Real Estate
Buyer's Guide explains the legal fees, legal procedures, purchase taxes and mortgage procedure.
Slovakia (Slovak Republic), a member of the European Union, is a beautiful country right in the heart of Europe.
Slovakia borders Czech Republic, Austria, Poland and Hungary.
Below are some brief points in purchasing Slovakia property / real estate.
Slovakia is a land blest with snowy mountains, spas, lakes and wild forests.
In contrast you have many Slovakia towns and cities with ancient monuments and castles plus the unique culture that is central Europe.
The River Danube flows through Slovakia on its route to Vienna and the sea, from the Carpathian Mountains in the north to the fertile land areas of the south west, Slovakia has something for everyone.
Purchase
Slovakia as a member of the EU has a similar process when it comes to purchasing real estate as do other European countries.
Once you have found the real estate you want to purchase and you have negotiated the price with the real estate seller you will be asked to deposit 10% or the properties price and the legal process can get underway.
As with all real estate purchases abroad we recommend that you have legal advice to see you through the process of property purchase and to afford you the translation of the documents you will be asked to sign.
At the time the deposit is handed over, a pre purchase contract will be signed by both parties.
Your legal advisor will make sure that you understand your rights and obligations regarding the property purchase.
If at a later date the purchaser should change their mind about the property purchase they are obliged to pay any expenses incurred by the agent (should there be one) and the balance returned to the property purchaser.
The same applies should the property seller withdraw the full 10% deposit plus any costs are refunded to the buyer.
The surveyor when his report is complete will notify your Legal Advisor so he can commence preparing him property sale contract.
Both the surveyor's property inspection report and the property sale contract will be translated (so that you are aware of what you are signing) and forwarded to you for signature.
Once this is done the balance of the monies for the real estate can be released to the seller and the main part of the property process is complete.
Within 4 weeks the land registry (Kataaster) will have transferred the property into your name and you will then own a property in Slovakia.
It is normal for a prospective seller to obtain information on the legal state of the real estate in Slovakia they are selling from the Kataaster so that a prospective properties purchaser can be sure that there are no legal disputes on that property. This information cannot be more than 3 months old to be valid.
Mortgages
Should you require a mortgage, banks in Slovakia will lend up to 90% of the real estate purchase price you will have to provide the following information.
Proof of income
Passport
Bank statements for the past 6 months
Proof of income and proof of employment
Self employed need 2 years tax returns and accounts.
Browse Property For Sale by Regions of Slovakia:
| Presovsky Kraj |
Browse Property For Sale by Towns in Slovakia:
| Vysne Ruzbachy |
Browse Holiday Rentals by Regions of Slovakia:
| High Tatra Mountains | Lowlands | Mala Fatra Mountains | |
| Mountains | Ruzomberok | Tatra Mountains |
Browse Holiday Rentals by Towns in Slovakia
| Dubrava | Ducove | Hnilec | |
| Hrasne | Kvacany | Liptovske Sliace | Liptovsky Mikulas |
| MALA CALOMIJA | Oscadnica | Rakova Cadca | Ruzomberok |
| Smrecany | Stary Smokovec | Zadubnie |
Advertise Properties in Slovakia whether you are a Slovakia Real Estate Agent or Private Owner looking to sell property direct from the owner
I want to sell property in Slovakia
I want to let my holiday rental or long term let real estate in Slovakia
Click here to search for properties in Slovakia
These guidelines are meant for guidance only and describe a straightforward purchase scenario. However this information is not meant to replace proper legal advice, which we always insist you take.
Slovakia real estate agents offer Slovakia properties on Globespan Property Portal - A dedicated website for Property Slovakia
Property Purchase Slovakia apartments, Slovakia villas, Slovakia real estate for sale - Buy Slovakia properties from Slovakia real estate agents & developers in Slovakia.
