Housing on the coast: the cost of 30 sq. m in Croatia, Montenegro, Greece, Turkey.
In Montenegro
The price of a one-bedroom apartment with an area of 30 square meters in an old building is around 50,000 euros, while in new buildings, they can be twice as expensive in some cases.
As for Croatia
According to data from a local real estateagency, the price of a studio apartment is over 3,200 euros per square meter.
In Greece
For real estate of the same size with a terrace of about ten square meters on the Halkidiki peninsula, around 1,250 euros per square meter is required, which amounts to about 50,000 euros.
In Turkey.
In the city of Alanya, the offer of small apartments is mainly in new buildings, and they range from 35,000 to 60,000 euros, depending on the amenities of the property.
In Croatia, Montenegro, Greece, and Turkey, there are specific requirements for foreign citizens wishing to purchase real estate.
In Croatia, there is a rule of reciprocity, while in Montenegro, a passport is required initially.
In Greece, only a passport is required, and the agency provides all the necessary documentation and the Greek tax number AFM.
To purchase real estate in Turkey, only a valid passport is required, and the agency collects all the necessary documents.
After selecting the property, a contract is signed between the buyer, the agency, and the seller.
- The agency collects the necessary documents and submits the application to the cadastre on behalf of the client to obtain the certificate of ownership.
- Then the appointment in the cadastre is expected, and the state commission of the Republic of Turkey checks the property.
- The tax paid to the government is based on the assessed value, which is paid by the buyer.
- After paying the tax and receiving the designation in the cadastre, a certificate of ownership is issued, and the property is transferred to the buyer's ownership.
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