The True Cost of Buying Property Abroad

Introduction

Buying property abroad is an exciting step — whether it’s a second home in Portugal, an investment flat in London, or a beachfront villa in Dubai. But many buyers underestimate the real costs involved. Beyond the purchase price, there are taxes, legal fees, and ongoing expenses that can significantly impact your budget and return on investment. Understanding the full picture ensures you buy with clarity and confidence.

Why knowing the true cost matters

Property investment is not just about the sticker price. If you don’t account for hidden costs, you risk overspending or miscalculating your ROI. A clear cost breakdown helps you:

• Avoid unexpected financial surprises.
  
  
• Accurately plan your investment strategy.
  
  
• Compare countries and markets on a fair basis.
  
  
• Protect your long-term financial goals.
  

Typical costs when buying property abroad

1. Purchase Price – The agreed property value.
   
   
2. Taxes & Stamp Duty – Varies by country (UK Stamp Duty, Portugal IMT, Cyprus transfer fees).
   
   
3. Legal & Notary Fees – Contract preparation, title checks, and registration.
   
   
4. Agency & Broker Fees – Buyer or seller commission, depending on the market.
   
   
5. Financing Costs – Mortgage fees, bank charges, or interest.
   
   
6. Renovation & Furnishing – Especially for secondary or holiday homes.
   
   
7. Ongoing Expenses – Property management, maintenance, utilities, and insurance.
   
   
8. Residency Program Costs – For countries offering Golden Visa or residency permits.
   

Examples by destination

• London – Higher Stamp Duty and legal fees, strong rental potential.
  
  
• Dubai – No capital gains or income tax, but 4% transfer fee.
  
  
• Portugal – IMT transfer tax + annual IMI property tax.
  
  
• Cyprus – Transfer fees, but attractive residency incentives.
  

Who benefits from cost transparency?

• First-time international buyers.
  
  
• Investors calculating rental yields and ROI.
  
  
• Families relocating abroad.
  
  
• Retirees planning lifestyle purchases.
  

Benefits of knowing the true cost upfront

• Accurate budgeting with no surprises.
  
  
• Smarter comparison between markets.
  
  
• Better ROI calculations.
  
  
• Peace of mind throughout the process.
  

Why choose Imperia Broker?

At Imperia Broker, we provide full transparency on costs when buying abroad. With expertise in London, Dubai, Turkey, Portugal, Cyprus, and Thailand, we guide clients through every detail — from legal fees to long-term expenses — so you know exactly what to expect.

Get Started Today

Thinking about buying property abroad?

Book a free consultation with Imperia Broker and discover the true cost of ownership in your dream destination.