1 Home for Sale in Banská Bystrica

(€) € 135.000,  Podkrivan,  Banská Bystrica
Tiles house renovation
Costs involved in buying, or selling, home in Slovakia are on reasonable levels. They include administrative fees, provision and payment for professional service (real estate agent and/or legal advisor). There is no real estate transfer tax in Slovakia. The prices of real estate dropped in recent years due to the influence of the global economic crisis.
Slovak landscape
Since 2004, when Slovakia entered the European Union, its market with real estate begun to flourish and attracts foreigners as well. Currently, there are practically no obstacles to buy a property in Slovakia and local banks offer mortgage to the foreign nationals under standard conditions. Whole process is not complicated and bureaucracy involved is often below the levels of many Western European countries.
Slovak landscape
Process of buying real estate property in Slovakia is relatively simple, especially due to the fact there is no property transfer tax. Other real estate-related taxes include flat 19% income tax applied on rentals and profits gained from selling the property. The real estate tax is determined by the municipal authorities and its amount also depends on character of the property. There is no inheritance, neither purchase tax applicable.
Group of People Walking Blurred Motion
Older Slovakian business partners are initially aloof and distant. This is usually less the case for younger Slovak businesspeople.
very useful for beginners!!