Important Points in Buying a Property > Buildings under construction
Overdue Real Estate Tax Debts
Overdue debts for utility services
Current Tenants
Double Checking the Registry Records
Appropriateness of the building
Buildings under construction
Construction of a building on a land
Residency Permits for Newly Constructed Buildings
Housing Co-operatives
If you are to buy a building under construction, make sure that the contractor is financially viable and legally authorised. Furthermore, you are recommended to put some special clauses in the contract with the contractor such as a date of completion, list of materials to be used, indemnities etc.