The biggest one involves using the agent's recommended lawyer. The agent is paid when the deal closes, which differs from looking after your interests. An independent lawyer costs a fraction of what is at stake and remains the best protection.
Signing documents you cannot read comes a close second. A certified translation is inexpensive set against the sum being committed. Verbal assurances mean nothing once a dispute starts — the document governs.
Buying off-plan without checking the developer has ruined a great many buyers. Before paying anything, examine previous developments, the construction licences, flats for sale dubai marina and whether payments are held in escrow. Projects running behind schedule happen frequently even with reputable builders; abandoned sites are less common but genuinely ruinous.
Ignoring the exit is a subtler error. Every purchase has to be sold or plots for sale in uae passed on at some point, and the resale market decides what you get back. A jumeirah lake towers property prices that only appeals to foreign buyers is harder to move when sentiment turns.
Last of all, lombardy real estate for sale plenty of purchasers misjudge the running costs. Annual declarations can be required regardless of whether the property earns anything, and late filings attract fines nobody warns you about. Putting in place a local tax adviser from the start prevents the majority of these headaches.
