Gents, thats 50% of bank valuation remember? So say you find your dream village house, complete with dogs and flooded septic tank, for $6 mil, bank will value it at $5 maximum, assuming you dont have permanent residence, 20% duty on the sales price, you only need 3.5mil for the deposit, and 1mil for the tax! Bargain!!!! Do most new joiners have 450,000 euro to splash on a deposit?