How can I buy an apartment?

Buying an apartment is a significant investment decision that requires careful planning and market research. To get started, determine your needs and financial capacity. Research the offerings on the market, compare prices, location, quality of construction and available amenities. Consider buying both from a developer and on the secondary market from the owner. It is important to conduct due diligence on the property and ensure that all documents and the transaction are legal.

What is the difference between an apartment and a condo?

Apartments and apartments are two types of residential real estate that have key differences depending on the region and legislation. Apartments usually mean a full-fledged living space in an apartment building designed for long-term residence with a full set of rooms, including a kitchen. Apartments, on the other hand, are often a more luxurious housing option with a management company providing various additional services, but sometimes without a full kitchen, which can limit the possibilities for permanent residence.

What’s the downside of living in an apartment?

Living in apartments can have several disadvantages compared to traditional apartments. First, apartments are often designed for short-term stays, which can limit the level of comfort and personalization of the accommodation. Second, apartments may have less stringent noise and privacy controls, given their popularity among tourists and business travelers. Finally, apartments may have restrictions on long-term stays and registration, which is important to consider when planning an extended stay.

Is it possible to inherit an apartment?

Yes, apartments can be inherited in the same way as any other real estate. The inheritance process is governed by the laws of the country in which the apartment is located. The heirs will have to follow a set procedure, which may include the execution of documents, payment of taxes and fulfillment of other requirements established by local legislation. It is also important to take into account that the terms of use of the apartment, as defined in the contract with the apartment complex or management company, must also be observed by the heirs.

Is investing in apartments profitable?

Investing in apartments can be profitable, but like any investment, it carries certain risks. Apartments often attract investors by their location in popular tourist or business districts, which can provide stable rental income. They can also offer additional amenities such as security, cleaning and other services that increase their appeal to tenants. However, it is worth considering the level of competition, management and operating costs, and potential restrictions on the use and alteration of the property.

How can a foreigner buy an apartment?

Foreign nationals wishing to buy an apartment should first familiarize themselves with the laws of the country of purchase, as regulations can vary significantly. In some countries, foreigners may be allowed to buy apartments in condominiums, but with ownership restrictions. Financial aspects such as taxation, financing and transfer options should also be considered. Investors are advised to engage legal and financial advisors to ensure compliance with all local requirements and minimize risks.

Is it possible to buy an apartment without having citizenship?

Buying apartments without citizenship of the country where the property is located is quite possible, but is subject to certain rules and restrictions depending on the laws of that country. In many countries, foreign investors are free to purchase apartments in apartment complexes, although they may face some restrictions, such as restrictions on the purchase of land. It is important to thoroughly research local laws, perhaps with the help of a lawyer or real estate consultant, to ensure compliance and avoid potential legal obstacles.

Contact our managers to choose the right apartment for you

If you are considering buying an apartment, our ATLAS team is ready to offer you professional assistance. We can help you find an apartment that perfectly matches your preferences and requirements. Our specialists will provide you with expert advice on all matters related to the purchase of apartments, including legal aspects, financial issues and much more. We strive to make the buying process as transparent and safe for you as possible. Contact us to start your search for the perfect apartment today.