Advice on buying Slovenia Property

Whether you choose to purchase your property on the coast, or in the mountains, the lakes or the ski resorts the process now that Slovenia has joined the EU has never been easier.
Until recently Slovenian banks did not grant mortgages for non-residents to purchase property, but now some banks will grant mortgages of 70 of the property value, on a repayment basis.
Once you have agreed the price of your property and like most places a bit of bartering over the final price is quite normal, you would be expected to pay a deposit of 10 to secure the property and a preliminary contract is issued If buying through an agent a further 4 plus vat@20 is usually payable, this is split between the purchaser of the property and the seller. Once this has been agreed the main property sale contract can be drawn up.
As with all purchases abroad, we recommend that you engage an independent legal advisor to check the property purchase contract you will be asked to sign, and assist you with the translation of the Land Registry documents
LAND SERCHES
The cost of this is normally included within the Estate Agents fees and will take about 2 days to achieve
EMSO   NUMBER
This number is allocated to Slovenia citizens at birth, and non Slovenians when purchasing a property in Slovenia need to apply for one, this can been gained easily and quite quickly.
COSTS
An extra 5 should be allocated within your budget for legal expenses Property and Household contents insurances are available through numerous insurance companies in Slovenia. These policies are normally adequate when using the property for personal use, if you intend to rent out the property please check if you are covered for your liability to your tenants.
BANKS
 You will need to open a Slovenian bank account to receive your transfer of funds and to arrange the standing orders for electricity, water etc.
 
FUNDS.
Your property purchase price will usually be in Euros so you can arrange for monies to be transferred to Slovenia either by your bank ,or a currency transfer company, it will pay you to look around as we have known of people make savings when using one of these companies.
FINALLY
Now that everything has been done your legal advisor will ask you to sign the main contract and then an application is made to the Land Registry to notify them of your purchase and you get the keys!
You can now go about furnishing your new property and making the most of it in Slovenia.