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Transaction costs come first. Depending on the country, they typically include stamp duty, notarial charges, registration fees, lawyer's fees and broker fees. As a rough planning figure, budget a noticeable share above the purchase price, and confirm the exact rates locally.

Annual property taxes apply every year afterwards. Rates vary substantially, and a number of markets levy a separate rate houses for sale in portimao non-residents. Where the property for sale in bled sits empty most of the time, vacancy taxes can apply.

Service charges are easy to underestimate. A unit in a complex with a swimming pool, an elevator and round-the-clock security carries regular fees that continue whether you are there or not. Request the last two or three years of accounts prior to purchase, and enquire about scheduled repairs.

Being far away adds its own cost line. A caretaker has to be available modern properties for sale in abu dhabi leaks and repairs, deal with letters and bills, and supervise routine maintenance. Professional management typically charges a share of rental income, and going without it often becomes expensive in a different way.

Insurance, running costs and the cost of selling complete the picture. Capital gains tax often applies even to a non-resident owner, occasionally at a higher rate. A sensible test is to build a five-year running-cost estimate before making an offer — the total generally lands above the initial estimate.