Living in Slovakia
Buying a House
One of the crucial points of living in Slovakia is buying a property. There are no legal restrictions on buying buildings in Slovakia, but you are restricted if you want to buy agricultural or forest land. Note that houses use the number of rooms, not bedrooms, for sale descriptions. Be sure you understand everything before you sign anything — if necessary use the services of a translator. These are the usual steps to follow:
Choose a property.
Pay a deposit (10 %). If you change your mind you get the deposit back, minus expenses.
Both parties sign the pre-purchase agreement.
Property report by a surveyor.
Solicitor draws up final contract.
Contract signed by both parties.
Ask the seller for a “Kataster” paper, which details the owner, mortgage and any encumbrances.
Check the date of the Kataster report — it should be within the previous three months.
You pay the balance.
Deeds transferred to you after four weeks. Read More…