Closing costs come first. Across different markets, the costs can include a property transfer tax, notary costs, registration fees, lawyer’s fees and agency commission. For san remo property budgeting purposes, set aside a noticeable share above the purchase price, then check the exact local rates.

Yearly taxes on the property come next. Rates differ from place to place, and certain jurisdictions charge a separate rate for non-residents. If the home stands vacant for much of the year, vacancy taxes sometimes apply.

Community fees are often overlooked. A unit in a complex with a pool, an elevator and round-the-clock security carries regular fees that keep coming even when the flat is empty. Ask montenegro land for sale the last two or three years of accounts before signing, and enquire about any planned major works.

Remote ownership adds its own cost line. Someone must be available for maintenance visits, deal with correspondence from the authorities, and organise repairs. Property management normally charges a share of rental income, and doing without it often becomes a false economy.

Insurance, utilities and eventual selling costs finish the budget. Capital gains tax can apply when a non-resident sells, and the resident rate is not always the one that applies. A good discipline involves building a simple long-term cost projection before you commit — the figure generally lands above the initial estimate.