Real Estate Purchase
Mercury Group offers the best conditions for real estate purchase abroad:
- We only work with proven premium class real estate around the world;
- Close cooperation with foreign agencies and real estate owners allows us to offer efficient and investment-attractive projects: residential estates under construction, apartments in historical centres of the largest cities in the world, ancient mansions, and houses in the country;
- We respect confidentiality, protect personal details of our clients, and guarantee the safety of closed transactions.
Our company provides a full range of services for those, who are planning to acquire elite housing or commercial property: selection of real estate abroad free of charge; consulting for acquisition of real estate in various countries; detailed presentation and demonstration of real estate units; assistance in obtaining a residence permit, processing of necessary documents, development of design project for your new house.
Real estate purchase procedure in Latvia:
1. The first stage involves the selection of a suitable item according to the requirements and budget of the client. We will select real estate from our public and private sources for free. We also arrange viewings and schedule a program of visiting selected real estate units;
2. Once the choice is made, it is necessary to open an account in a Latvian bank for the money transfer. The cost of this service is around €100, on average, depending on the bank terms. Borrowed funds can also be arranged, if required;
3. Execution of legal review. At this stage, our lawyers carefully examine the history and documents of the real estate;
4. A preliminary agreement is signed, prior to signing the sale and purchase agreement, which is a guarantee of completing the transaction. Under the stated conditions, a deposit of 10% of the agreed value is paid, whereupon the buyer takes the real estate unit off the market. If the buyer cancels the transaction, the deposit is not returned. If the transaction is cancelled by the seller, the deposit is returned at double rate;
5. The conclusion of the definite purchase agreement and full payment of the purchase price take place;
6. Public registration. Following the signing of the deed of purchase, the process of obtaining entitled documents begins. The notary transfers the documents to the Land Register for re-registration of the proprietary rights in the Land Register;
7. Apart from the basic value of the real estate unit, the buyer needs to cover the additional costs: opening of a bank account; notary fees (around €200); state fee (2% of real estate cost).
Real estate purchase in Spain is the same procedure as in Latvia, the only difference is the receipt of a Foreign Identification Number (NIE), which allows completes all the official procedures in Spain.
In order to receive a NIE the non-resident should have a passport, visa, two photos, and should complete an application with the indication of the purpose of receipt of Foreign Identification Number and should pay the state fee. A foreigner should also pay the state tax up to 10% of the value of the transaction, notary fees, a fee for opening a bank account, as well as registration of proprietary rights.
Foreign citizens are also free to purchase real estate in the United States. At the first stage, it is necessary to conclude an agreement with a local agent who holds a license in the state to carry out real estate operations. Once a real estate unit is selected, the buyer sends the seller a price offer. If the seller accepts the terms, as in Latvia and Spain, an agreement of intent is signed and a deposit is paid. From this time on up to signing of the definite agreement the buyer has time to conduct an independent assessment of the real estate. This is usually carried out by a hired expert, whose services will cost around between 250-500 US dollars. The final stage is to draw up and sign the deed of purchase, which takes place after all examinations and in the presence of a notary. Then, the registration of real estate ownership and compulsory insurance take place. Upon entry into force of proprietary rights, the owner may dispose of the real estate units to their sole discretion: to lease, to sell.
The process of real estate purchase has a similar scenario, however, each country has its own distinctive features of legislation.
Our experienced experts will advise you on the real estate purchase, and will accompany you at all stages of the transaction!
Special offers
Exclusive and luxury real estate - the best deals.
- Three-room apartment in an apart-hotel with installments for 5 years
- UAE, Dubai, Al Furjan
- 127,74 m2
- 2 bedrooms
- LUXURIOUS 3 bedroom apartment, Monte-Carlo, Monaco.
- Monaco, Monte Carlo
- 178 m2
- 2 bedrooms
- MODERN STYLE VILLA FOR SALE ON ALONISOS ISLAND, GREECE
- Greece, Aegean Islands, Alonisos
- 100 m2
- 2 bedrooms
- Beautiful apartment in one of the top buildings by premium developer Select Group called the Edge.
- UAE, Dubai, Business Bay
- 53.27 m2
- 1 bedrooms
- Three bedroom villa for sale within walking distance of an international school
- Thailand, Phuket, Bang Tao
- 352 m2
- 452 m2
- 3 bedrooms
- 3-BEDROOM HOUSE FOR RECONSTRUCTION ON THE FIRST LINE TO THE SEA. REF.139
- Montenegro, Boko-Kotor Bay, Prcanj
- 137 m2
- 507 m2
- Two bedroom apartment in the premium complex in Madrid (possibility of installment)
- Spain, Madrid
- 90 m2
- 2 bedrooms
- Three-room apartment in an apart-hotel with installments for 5 years
- UAE, Dubai, Al Furjan
- 127,74 m2
- 2 bedrooms
- LUXURIOUS 3 bedroom apartment, Monte-Carlo, Monaco.
- Monaco, Monte Carlo
- 178 m2
- 2 bedrooms
In case you have any questions, you can contact our specialists.
Really professional work from Julia Barsukova! She is simply the best agent ! Julia understands our real needs very fast, she cares about our interests and always provides a suitable solution. She accompanies us during last 9 years, helps us finding, buying, renting and selling the properties in Riga. We are really satisfied and will recommend Julia to anyone who will deal with real estate in Latvia.
2014, Dan LiuWe would like to thank Mercury Group, especially Kristina for her help with the property selection in Jurmala. Thank you for your professionalism, kindness, and understanding of all the nuances of property selection. Wonderful work!!!Thank you!
2023, Jelena und Patrick ZengerОчень довольна услугами компании в подборе квартиры. В особенности огромное спасибо риэлтору Кристине за проделанную работу. Учла все пожелания и нюансы. Сделка прошла великолепно!
2023, Olga, Ukraine.Имея уже немалый опыт в переездах и поисках жилья в разных странах, с удовольствием хочу порекомендовать Тамару как лучшего риелтора! Она сумела объединить свой профессионализм и человеческие качества, почувствовала нашу семью и услышала, что именно нам необходимо, и подобрала нам не просто замечательную недвижимость, а место, которое можно назвать своим домом. Очень ценим отношение Тамары к работе и к нашей семье, и еще раз благодарим за помощь в поиске жилья, и умению порадоваться вместе в нами!
2023, Квятковская Анастасия, Украина.Amazing and quick service. Very easy communication and always helpful staff. Had to get an apartment on a very short notice, where the company was quick and flexible to provide multiple options. Would recommend
2023, Peder Nordang, Norway.I am writing to provide feedback about Inna. Inna is one of the best agents we have ever worked with! She went above and beyond to ensure we found an incredible place for our family. She was always very responsive, knowledgeable, and just wonderful to work with. I can’t say enough about the high level of service and support she provided our family in this transition. I highly recommend her and Mercury Group Estate!
2023, Erika Butler, USA.Безмерно благодарен компании за помощь в подборе квартиры для аренды в Риге. Особенно хотел бы отметить и поблагодарить менеджера Кристину, которая мгновенно включилась в работу и, уточнив наши предпочтения, предоставила список объектов, которые могли бы нас заинтересовать. Коммуникация с клиентами – на высшем уровне! Результат – заключение сделки! P.S.: Понравились комментарии Кристины, в которых отмечалась особенность того или иного объекта, например: «эта квартира в жизни выглядит гораздо красивее», «а в этой квартире установлен газовый котел, который сэкономит вам на оплате коммунальных услуг» и т.д.))
2023, EvgenI want to leave a strong positive endorsement for Inna who handled my rental transaction here in Latvia. She is the best! Very personable and professional. Highly recommended.
2023, Jeffrey, USAKsenia from the Mercury Group was recommended to me from another Danish citizen. I took the advice and was definitely not disappointed. Ksenia has a great personality, acts extremely professional and we felt safe and taken care of all the way through the process of finding our apartment in Riga. The communication was flawless and we were grateful to have her at our side to help with the formalities of going through the contract etc. We haven't used an agent to help for an apartment search before, but after this experience we will not hesitate to do so again. We give Ksenia our warmest recommendations.
2023, Anne Sofie Andersen, Denmark.We have contacted Mercury Group while looking for investment opportunities in Latvia in order to obtain residency permit. Upon our first contact, we were greeted with a professional yet friendly manner. It was evident to us from the very beginning that Mercury Group was a team of professionals that take their job and their clients very seriously, however when we were assigned with our personal agent Tamara Nikiforova, we have realized that their good qualities as professionals in the real estate business extend even further than just their definition of work. Tamara is kind, gentle and was very knowledgeable about every step we had to take. She has made sure that we took these steps very comfortably, providing us with her support at every step we took. Her demeanor and presence in advising us as her clients made us feel safe to move forward. We felt comfortable in seeking her counsel and help whenever we needed, and she went beyond and further than what any other person would have done to reach out with a helping hand. Apart from her professional adequacy in finding us suitable options and working cooperatively with our lawyer which she has referred us to, she has very graciously extended her help for other issues that may be considered to be outside a real estate agent's scope of work, like accommodation around the city. It was a pleasure working with Tamara during our search, and it would be fair to say that she has helped us find a new home, just as warm as the numerous cups of coffee she has generously shared with us. She is still offering her support to us even though our business has been concluded. We are very happy to have met her, and we would like to think that she is an outstanding representative of all the good qualities that other members of Mercury Group share within.
2023, Barış & Lina KaraI was very pleased about the friendly and fast support that I got from my handler. Would recommend to anyone.
2023, Marlo Pothmann, Germany.Doing a new step, moving in a foreign country can be challenging, especially if you look for a convenient accommodation. Our family was taken on hand and got to fully relayabl support of Mercury. Our special thanks get to Inna Kolupajeva who managed everything for us. She did not only an outstanding job, moreover, she was a great and any time relayabl ambassador of her company and country. We appreciate such help and kindness. With her permanent support, also besides accommodation search, she was the best manager we can imagine. Thank you at all. If you plan to move to LV or you have any questions concerning real estate, she will be your best point of contact. Thx.
2023, Bernd Weiser and familyДобрый день, нам очень помогла Инна в сдаче нашего объекта недвижимости в долгосрочную аренду, подсказала правильную цену аренды, подготовила все необходимые документы для завершения сделки, все было четко и вовремя, мы остались очень довольны сервисом, вниманием, Инне большое спасибо
2023, Андрей КостенкоWe had the pleasure of working with exceptional housing agent Alisa who truly exceeded our expectations. From the very beginning, she demonstrated remarkable accessibility and a wealth of knowledge. What stood out most was her genuine emphasis on understanding our needs and bringing her own creative ideas to the table. Her proactive approach was truly impressive - whether it was providing immediate answers or swiftly gathering information, even for inquiries that weren't initially within her scope. When challenges arose, her composed demeanor and unwavering assistance were invaluable. She displayed an exceptional ability to consider multiple viewpoints, dedicating the time needed to navigate and resolve any issues. Thanks to her dedication, we eventually found our dream flat. I'm looking forward to our ongoing collaboration. Her professionalism, resourcefulness, and patient problem-solving have truly set a high standard for housing agents.
2023, Bernadette Jäger