What do I need to know when buying property in Moldova?

When we asked expats what advice they would give a foreigner before buying a property in Moldova, they said...

"1. It is important to research the local market and understand the current trends in the Moldovan real estate market. 2. It is important to understand the legal requirements for purchasing property in Moldova, including the need for a valid passport and residence permit. 3. It is important to understand the taxation system in Moldova and the associated costs of purchasing property. 4. It is important to understand the local infrastructure and amenities in the area where you are looking to purchase property. 5. It is important to understand the local customs and culture when purchasing property in Moldova. 6. It is important to understand the local banking system and the availability of financing options when purchasing property in Moldova. 7. It is important to understand the local laws and regulations regarding property ownership in Moldova. 8. It is important to understand the local real estate market and the availability of properties in the area where you are looking to purchase. 9. It is important to understand the local rental market and the potential for rental income when purchasing property in Moldova. 10. It is important to understand the local building regulations and the associated costs of building or renovating a property in Moldova," said another in Moldova.

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