Macedonia Mortgage
If you plan to buy Macedonia properties, you may be interested in a Macedonia mortgage. Financing Macedonia property through a mortgage is a relatively new addition to the Macedonian property market and Macedonia mortgages are in their infancy. Your Macedonia solicitor can provide general Macedonia mortgage information.
Releasing equity from property you currently own may also be a financial possibility and an alternative to Macedonia mortgages. For up-to-date Macedonia mortgage information, consult a Macedonia lawyer.
Macedonia Tax
When buying property for sale in Macedonia, it is essential to take independent legal advice on aspects of Macedonia law. A Macedonia lawyer is vital since he is the only person authorised to draw up a sales contract. Macedonia law restricts the purchase of Macedonia land and foreigners may currently only buy and own apartments in Macedonia and buildings. In Macedonia, buying a property also entails paying taxes and fees such as VAT, notary fees and property registration fees. Consult your legal adviser for full Macedonia tax information.
A Macedonia buy may also be subject to state and local taxes, including capital gains tax on resales.
For further Macedonia tax and ownership information, download the Macedonia Land and Property Investment Guide.
