At this point, the buyer becomes the owner.In fact, when the seller is a non-resident this liability actually moves to the buyer.
Various taxes will need to be paid, and the tax situation depends on residential status.Official documentation such as a passport will be required.As tax is a complicated matter at the best of times, professional advice on tax matters is highly recommended.When budgeting, be sure to allow for community fees, such as for the upkeep of the pool and gardens if applicable.
When the deposit has been paid, the purchase contract can be signed.
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