Buying Property In Slovenia: What Real Estate Agents Have To Say
Slovenia is a country that has a prosperous real estate market, but there are some things you need to know about buying property there.
The real estate market is probably the best investment for someone looking to get into the world of business. If you compare it to stocks, for instance, you won’t find that same volatility, and the risk factor isn’t nearly as high. This is why a lot of people are getting into real estate, and it’s a pretty sound investment in the long run or even if you’re looking for a short term plan. Slovenia is one of the countries that have a prosperous real estate market, but there are some things you need to know about buying property there.
It’s very easy to buy property there
One of the reasons why Slovenia is an excellent option if you’re thinking of investing in real estate is just how easy it is to buy property there. You don’t need to be a citizen of the country to buy property, but you’ll need official documentation stating why you’re buying the land or apartment/house, and the usual legal and governmental documents that come with such a transaction. You are also required to provide a copy of your passport.
Any person looking to buy property in Slovenia needs to obtain a tax number from the local tax office. It’s not particularly complicated, and you’ll just need your passport to get the process going. But you will need to fill up a few forms, and they might not be available in English, so make sure you have a backup plan in a friend or agent to help you with the process.
What fees to expect?
As with the process of acquiring a house anywhere in the world, there are some fees that you’re going to have to pay, but in Slovenia, those fees aren’t actually that high. Still, you need to find out what they are before you look for houses for sale in Slovenia just to be on the safe side. So, you have your agent fees, which are very important because you will need a real estate agent to help you find the right property at the right location. Then, there's notary and registration fees, as well as the transfer tax for second-hand properties.
How easy is it to deal with banks in Slovenia?
Pretty easy actually. You naturally will need to open an account to get into the country’s real estate market, and you’ll find that banks are quite helpful and friendly, and you will find that they provide plenty of facilitations for foreigners and locals alike, so they could have a versatile account.
What’s the best place to buy property in Slovenia?
The entire country is perfect when it comes to finding the right place for your property, but if you’re looking for the hottest spots, then it’ll be Primorska and Ljubljana, which are quite scenic and popular with locals and foreigners as well.
People want to buy property in Slovenia because it’s safe, and it’s pretty far from much of the troubles around the world. It’s a beautiful country with excellent scenery, and it is a prime location to buy property. But you need to consult a real estate agent first before you take this step, so they could guide you on what to do.