The costliest error is relying on the seller's lawyer. The developer earns money when the deal closes, which is a different interest than looking after your interests. Separate legal representation represents a fraction of what is at stake and is the single best safeguard.
Putting your name to untranslated contracts comes a close second. An official translation is a small expense compared with what is at stake. Assurances given by the agent carry no weight if the written contract says otherwise — the document governs.
Committing to an unbuilt project blindly has ruined many budgets. Before any payment, examine what the company has already delivered, the construction licences, and the guarantees on staged payments. Projects running behind schedule are common even in good markets; stalled projects are the exception but genuinely ruinous.
Forgetting about resale is less obvious but just as costly. A home bought abroad will one day be sold, and the resale market decides what you get back. A buy property in limassol that only appeals to foreign buyers takes longer to sell when conditions change.
Finally, versailles real estate for sale a lot of buyers misjudge the ongoing obligations. Tax filings may be required even when the home sits empty, homes for sale in mykonos and late filings lead to fines that grow over time. Arranging a local accountant from the start heads off most of it.