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Transaction costs come first. Depending on the country, these typically include a bodrum property market transfer tax, notary costs, registration fees, legal fees and agency commission. As a working assumption, reserve extra funds beyond the price itself, then check the exact local rates.

Recurring property taxes come next. Assessment methods differ from place to place, and a number of markets apply higher rates to non-residents. Where a unit is left unused for long periods, vacancy taxes may apply.

Community fees are easy to underestimate. A flat in a complex with shared gardens, an elevator and shared parking generates regular fees that keep coming even when the flat is empty. Request the building's financial records prior to purchase, and check on scheduled repairs.

Distance adds a category of its own. Someone has to handle keys brela real estate for sale emergencies, deal with mail and official notices, and arrange repairs. Professional management usually takes a monthly fee, and doing without it usually proves expensive in a different way.

Insurance, running costs and the cost of selling complete the picture. Capital gains tax may apply even to a non-resident owner, sometimes at a different rate. A good discipline means putting together a five-year cost model at the offer stage — the result is usually higher than expected.