Slovakia Mortgage
A Slovakia mortgage is a prime consideration for the buyer of property for sale in Slovakia. Mortgages in Slovakia are relatively new and are currently subject to changing conditions. It is therefore vital to obtain up-to-date Slovakia mortgage information from your legal advisor.
As a general guide to Slovakia mortgage information, interest rates currently start at around 6% and are usually available for 70% of the property's purchase price for a term of between 5 and 15 years. Non-resident buyers of Slovakia property qualify for a Slovakia mortgage, subject to approval and conditions of individual banks.
Slovakia Tax
Buying property in Slovakia is not necessarily the same as buying in the UK or Ireland and you should take independent legal advice, particularly regarding Slovakia tax information. Taxes and fees involved in the purchase process of Slovakia real estate are low - an additional advantage for the investor in Slovakian property.
Home buyers, including purchasers of Bratislava property, are liable for real estate tax - the amount depends on several factors regarding the property. For further Slovakia tax information, click here to download the full Slovakia Land and Property Investment Guide.
