How to buy property without mistakes — a practical guide

Buying property is one of the most significant financial decisions in life. Here are the key steps to avoid costly mistakes.

1. Set your budget – Include all costs: purchase price, notary fees (around 3–4%), transfer tax (around 2–3%), and agency commission.

2. Check the documents – Verify ownership, liens, mortgages, and zoning status. Work with a trusted lawyer.

3. Technical inspection – Carefully inspect the technical condition. Check the utilities, the roof, and the common areas.

4. Negotiation – Don't accept the first price. In most cases there's room to negotiate 3–10%.

5. Preliminary contract – Mandatory before the final notary deed. Ensure you have legal protection.

6. Notary deed – The final step. Make sure everything is in order before signing.