The biggest one involves relying on the seller’s lawyer. The developer earns money on completion, which differs from acting for you. Your own legal adviser costs a small fraction of the purchase and remains the best protection.
Signing in a language you do not speak ranks close behind. An official translation costs little compared with the sum being committed. Promises made in conversation mean nothing when the written text differs — the contract is what counts.
Purchasing off-plan on trust has wrecked a great many buyers. Ahead of a deposit, review the developer’s completed projects, the building permits, and whether payments are held in escrow. Delays are normal even in good markets; stalled projects are rarer but much more damaging.
Ignoring the exit is a subtler error. Every purchase has to be sold or real estate in thessaloniki greece passed on at some point, and the resale market determines the price. buy a flat in italy home with no local demand is harder to move when conditions change.
Finally, plenty of purchasers misjudge the annual paperwork. Tax filings are often required regardless of whether the buy property in limassol earns anything, and missed deadlines lead to fines nobody warns you about. Setting up a local tax adviser from the start avoids the majority of these headaches.