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FAQ

What documents are required to rent property in Slovakia?

To rent property in Slovakia, you will need a passport, proof of income or employment, and documents verifying your status in the country (e.g., residence permit). Togetthere specialists will assist you in preparing all the necessary paperwork for signing the rental agreement.

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How does the rental process work with Togetthere?

The process begins with selecting suitable properties based on your preferences. Next, we arrange viewings, negotiate rental terms with the landlord, and prepare all necessary documents. Our experts provide legal support for the transaction and remain available throughout the entire rental period.

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Does Togetthere provide support after the rental agreement is signed?

Yes, we continue to assist our clients even after the lease agreement is signed. You can rely on us for help with any housing-related issues, utility payments, or communication with the landlord.

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Can I rent a property in Slovakia while being abroad?

Yes, Togetthere specialists offer a remote rental service. We will select options for you, arrange virtual viewings, and enable you to sign the lease agreement without needing to travel to the country. All documents will be prepared and sent to you for convenient signing.

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Can foreigners get a mortgage in Europe?

Yes, foreigners can obtain a mortgage in Europe, but the conditions and procedures vary by country and its banking system. Most European countries offer mortgage loans to foreign citizens, although banks often impose strict requirements. Key factors that banks consider when granting mortgages to foreigners include income level, credit history, residency status, and the presence of other assets. Often, non-residents are required to provide a larger down payment, which can range from 20% to 50% of the property’s value. Interest rates and mortgage terms also differ depending on the country. In some cases, such as Slovakia, rates can be quite favorable, especially for EU residents.

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Can a foreigner take out a mortgage in Slovakia?

In many cases, this is possible, particularly if the foreigner has a residence permit (residency) and a stable income in Slovakia.

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Do you have extensive experience in handling mortgage-related issues in Slovakia?

Yes, our company has over 10 years of experience. We know how to help a foreigner secure a mortgage on the most favorable terms.

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At which stages do you participate in the property purchase process?

We provide support from calculating the required income for a mortgage, searching for and purchasing property, to organizing the renovation and design of your new home.

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Can citizens of other countries buy commercial real estate in Slovakia?

Yes, foreign citizens have the right to purchase commercial real estate in Slovakia.

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Do you provide turnkey commercial real estate services?

Yes, our company is ready to take full responsibility for all tasks related to the search and purchase of commercial real estate. We offer a turnkey service, handling everything necessary on behalf of the client, completely freeing them from stress and complications.

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Does the buyer have to pay tax when purchasing residential property?

In Slovakia, property buyers are required to pay a mandatory notary and registration fee.

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How quickly can you find housing in Slovakia with Togetthere?

With Togetthere, you can find suitable housing in the shortest possible time. We collaborate with trusted real estate agencies and property owners, enabling us to offer a wide selection of apartments and houses that meet your requirements and budget.

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Why are many investors interested in Slovak real estate?

Many investors are drawn to real estate in Slovakia for several reasons. Firstly, Slovakia boasts a stable economy and is a member of the European Union, creating a favorable investment environment and ensuring reliable legal protection. Its central geographical location in Europe attracts both foreign buyers and tenants, driving high demand for residential and commercial properties. Additionally, Slovakia offers relatively low property taxes compared to other European countries, making investments more profitable. Property prices in Slovakia remain competitive, especially when compared to Western European markets. At the same time, property values in major cities like Bratislava continue to rise, presenting opportunities for significant long-term capital appreciation. Investors are also attracted by the stable rental income potential, as many Europeans and migrants choose Slovakia for its high quality of life and affordable living costs.

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What is important to know before buying an apartment in Europe?

Before purchasing an apartment in Europe, it is essential to carefully consider several key factors. First, familiarize yourself with local laws and requirements, as some countries may have restrictions on property purchases by foreigners. Pay close attention to taxes and fees: in addition to the apartment’s price, buyers may face property purchase taxes, notary fees, and annual property taxes. Financing is another critical aspect. Mortgage conditions for non-residents may differ, often requiring a larger down payment or offering different interest rates. The apartment's location is equally important. Evaluate the neighborhood, transportation accessibility, and proximity to schools, shops, and hospitals, especially if you plan to live there long-term. Be sure to inspect the apartment’s condition, including utilities, to avoid costly repairs later. Don’t forget to factor in future maintenance costs, such as utility bills and building upkeep. Finally, ensure the seller’s reliability and thoroughly check all property documents to avoid potential legal issues and fraud.

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Who should you contact to make a profitable real estate purchase in Europe?

To make a profitable real estate purchase in Europe, it is crucial to work with professionals who can guide you through the local market and legal aspects of the transaction. First, you should contact real estate agencies or agents specializing in the specific country or region. They will help you find suitable properties, provide price consultations, and negotiate with sellers. Agencies experienced with foreign buyers will also ensure all nuances related to purchasing property abroad are taken into account. If you plan to finance the purchase with a mortgage, collaborating with mortgage consultants is highly recommended. They can help you secure the best conditions for foreigners and navigate local banking options. All of these specialists are part of the team at Togetthere and are ready to assist you!

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