The biggest one is relying on the seller’s lawyer. The agent is paid only if the sale goes through, which differs from looking after your interests. Your own legal adviser represents a modest share of the price and is money well spent.
Putting your name to untranslated contracts is nearly as costly. A certified translation costs little compared with the sum being committed. Verbal assurances will not help once a dispute starts — the document governs.
buying property in lasithi off-plan without checking the developer has damaged many budgets. Before paying anything, look at the developer’s completed projects, the construction licences, and whether payments are held in escrow. Projects running behind schedule are common even in good markets; abandoned sites are the exception but far worse.
Ignoring the exit is less obvious but just as costly. Every purchase will eventually be sold, and the resale market decides what you get back. A property attractive only to a narrow group takes longer to sell when conditions change.
Finally, many buyers fail to plan for chlorakas rentals the ongoing obligations. Local tax returns may be required regardless of whether the property earns anything, and late filings attract fines that accumulate quietly. Setting up a local accountant at the outset avoids most of these problems.
