1. Once you choose the appropriate property and negotiate the price, you start the administrative buying process.
  2. One of the ways of buying a property in Slovenia is by completing the procedure through a public notary; locals and foreigners can also address this matter by hiring a local real estate agent.
  3. The procedure is completed by signing a purchase contract, which should be signed in the form of a notarial deed. The Slovenian notary has the legal responsibility regarding the provisions included in the contract, which has to be drafted following the applicable legislation in the field.
  4. When the purchase contract is signed, the buyer must also receive an extract of the land for the purchased property. The document will provide legal information regarding the ownership of the property.
  5. The seller is legally required to provide an actual land registry extract.
  6. In the situation in which the property is purchased in Slovenia through a bank mortgage, it is necessary to obtain from the bank that has approved the mortgage a declaration concerning the allowance of the respective credit/a deletion of mortgage at the moment when the debt is repaid.
  7. The notary public writes the contract, but it is strongly recommended to have the respective contract drafted by a specialized lawyer.
  8. Both parties, represented by the seller and the buyer, sign the contract, and after signing the contract, the buyer delivers a deposit.
  9. The seller must register with the competent tax authorities by filling an application for assessment of 2% tax on real estate sales within 15 days and must pay the tax within 30 days.
  10. When the Tax Administration confirms the payment of the tax, the seller has to provide a copy of the document to the Slovenian notary who is in charge with the property transaction.
  11. After the notary has obtained this document, the buyer may pay the rest of the price of the property transaction.
  12. The new owner of the property has to submit an application regarding the ownership of the property with the Land Registry. This is done in order to complete the ownership transfer of the real estate property.
  13. Further on, the buyer can sign new utilities contracts (for the supply of gas, water, electricity, internet and so on).