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Many investors and lovers of the place are seduced by the idea of purchasing a property on this Mediterranean island. However, as with any property purchase abroad, precautions must be taken. Here is a guide to help you avoid common pitfalls when buying property in Djerba.
1. No in-depth research
One of the biggest dangers when buying property in Djerba is the lack of research. It is important:
Know the local market: Familiarize yourself with average property prices, developing areas and more established areas.
Understand legal specifics: Real estate laws in Tunisia can differ significantly from those in your home country. Make sure you understand the nuances before making a decision.
2. Do not hire a local lawyer
3. Ignore hidden costs
In addition to the costs of the property, there are often other costs such as taxes, notary fees, broker commissions and other administration costs. Therefore, it is important to create a complete and realistic budget before committing.
4. Do not visit the property in person
Photos can often be misleading. It is always recommended to view the property in person to ensure its condition and location and to look for any hidden problems.
5. Ignoring the importance of location
Location is a crucial factor when buying a property. Ensure that the area is not only attractive, but also safe, accessible and equipped with essential services.
6. Title deed, building permit and building permit are not checked. Respect for urban planning
It is important to ensure that the seller is the legal owner and that there are no disputes or pending charges regarding the property.
7. Rushed decisions
Take the time to weigh the pros and cons. Don't get carried away by the excitement or pressure of being a real estate agent.
8. Ignoring local culture and customs
Understanding local culture and customs can play a crucial role in the success of your purchase. This will help you build good relationships with neighbors and local authorities and avoid misunderstandings.
9. Don't think about the future
Think long-term. Will this property meet your needs in 5, 10 or 20 years? Is it a good investment for the future?
10. The importance of good negotiations is neglected
Don't take the asking price for granted. Negotiations are common in Tunisia and good negotiations can save you a significant amount of money.
Conclusion
Buying a property in Djerba is a dream for many, but it is important to be well informed and prepared. By avoiding these common pitfalls, you can make an informed purchase that will give you satisfaction and peace of mind for years to come.
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