Yes, in most cases you can renovate your property. However, depending on local regulations and the type of property, you may need to obtain permits for certain renovations, especially if they involve structural changes or impact the building’s exterior.
A property management company handles the day-to-day operations of a rental property. This includes finding tenants, collecting rent, maintenance, and ensuring compliance with local regulations. They are especially useful for investors who do not wish to manage the property themselves.
While it’s not mandatory, having a real estate agent can help you navigate the buying process, negotiate a fair price, and ensure that all legal and financial aspects are in order. They can also provide valuable insights into the market.
In most countries, foreigners can purchase property, but specific rules and regulations may apply. It’s advisable to consult with a local lawyer or real estate agent to understand the laws governing foreign ownership.
A property title is a legal document that proves ownership of the property. Ensuring that the title is clear and without disputes is essential to avoid legal complications in the future.