Since Slovakia became a member of the European Union in , it became possible for everybody in this country to buy a real estate , no matter what his or her citizenship or place of residence is. This applies to all types of properties, be it a city condo, a country house or a mountain cottage. Our lawyers in Slovakia can assist you with the entire process of acquiring a property in this country. We are also at the service of those interested in obtaining a Slovakia residence permit.
Yes, there are various financing options available when buying a property in Slovakia. Foreign citizens are not required to secure residency in order to buy properties in Slovakia. Real estate property tax which is calculated based on the size in sqm of the property. Buying a property in Slovakia is the same as in any other European Union country. The process associated with acquiring a real estate in this country is very straightforward, consisting of the following steps:.
The buyer lodges the entire property cost, or a deposit formerly agreed upon with the seller, to a notarial custody or into a bank account where the funds are deposited until the real estate rights are transferred to the buyer;. An independent surveyor report is put together and sent to a lawyer in order to write the sale contract. Both parties sign the contract. The buying cost is released to the seller after the buyer receives an extract from the cadaster, procedure which generally lasts up to four weeks.
It is important for the buyer not to acquit the funds prior to the property ownership transfer being ended. If you want to move to Slovakia by purchasing real estate, we are at your service. No matter if you decide to buy land, an apartment or a house in Slovakia , there are several aspects to consider, and among them we mention the following:. Buying land or a house in Slovakia can be more difficult when you decide to conduct the search and acquisition procedures yourself, as it can be time-consuming and can also imply more verifications compared to an apartment.
On the other hand, if you want to buy an apartment in Bratislava , the capital of Slovakia, you can rely on our local law office. Here is also our infographic on this subject:. Apart from the actual property costs, the expenses involving buying a real estate in Slovakia are relatively low. These fees and other costs include:. Our local specialists can also helpp if you want to apply for citizenship in Slovakia.
