Foreign Houses & Second Homes

Whether you are looking for a second home, overseas house for sale or rent or maybe you're just looking to sell a foreign property, free house agent has an extensive overseas property listings database to carry out an foreign property search. 

 

  Bansko Apartments - Bansko Bulgaria Property for Sale

Apartments in Bansko for sale

 

We also have adverts for overseas flat sales all available for UK customers to purchase. We strongly advise investors from the UK to visit any foreign houses in person. Foreign property investments are an exciting proposition but you have to be careful.

A foreign property lawyer with experience in your chosen countries property laws is essential. They will have a better understanding about the rules and regulations involved in your overseas property sales.

Free House Agent accepts any foreign property adverts including those from reputable overseas property agents. We also welcome any house swap or home exchange listings. 

 

Overseas Property Boom

 

The overseas property boom is currently hotter than ever. With popular countries like Bulgaria and Turkey, overseas property sales have risen dramatically in 2007. Foreign property investors are rushing to buy off-plan apartments only to re-sell on completion for generous profit margins.

 

But is not just property investors that are getting in on the act, more and more UK citizens are snapping up overseas property for sale in order to have a second home abroad, as flights abroad have become cheaper this type of small scale foreign property investment has become a more realistic and practical.

 

The strength of the pound against the Dollar has meant that traditionally expensive markets such as the US, South America and the Caribbean have become far more affordable and are tipped to be one of the biggest property growth areas, for UK investors looking to snap up, beachfront holiday homes, second homes and luxcury city apartments, in 2008. With the announcement of the World Cup in Brazil in 2014, the Brazilian property market is expected to be booming for sometime to come.

North Africa is also expected to be popular with property investors and second homers, in particular Morocco with Marrakech becoming more and more popular with British holiday makers. 

Other Predicted growth areas include the more traditional markets of Cyprus, Portugal (Silver coast and the West), Italy, France and Spain.

Due to the slow down in the British Property market it is likely that more and more property investors are going to look to the overseas property for sale market to realise their investment dreams.

Visit some of the country specific sections listed below to find out more about overseas property for sale;

Guide to buying property overseas

  

When buying property abroad make sure you follow the following basic rules,

Narrow your search

 

Once you have decided you are going to buy a foreign property for whether it is for a investment or holiday home or just second home, you should start to make lists of the countries or cities you are interested in and stick to these. If your list is to broad it will complicate the process.

Research your areas

 

 
Use all forms of information, such as the Internet (travel websites, Forums), overseas property travel magazines, tourist information bureaus and the various foreign travel supplements in newspapers to find out as much as possible about your selected area. 

 

Budget for a Foreign property

 

Make sure you have a enough money for your overseas property purchase, a good rule of thumb is to decide what you think you will need to purchase the property including legal fee's and taxes and add 10%. Buying a property abroad can represent a good property investment but can be fraught with expensive problems.

is it legal?

 

This might sound like a daft question but it isn't. Some countries don't allow foreign Nationals to buy properties or land; others allow the purchase of property only with a specific visa. You need to get legal advice from a reputable property lawyer, whenever you are buying property outside your homeland.

 

Find a Reputable agent

 

Overseas property estate agents are plentiful in supply just make sure that before you enter into any contractual relationship with them you do some research on them. There are many UK overseas property events that will give you lists of reputable overseas estate agents.

Visit the Property

 

 
Never by a foreign property without visiting it, this seems obvious but you would be surprised just how many people don't heed this advice. You need to see a property before you spend your hard earned cash on it. You also need to get a feel for the local area, especially if you’re planning to use the property to live in as your first or second home.

 

Speak to the locals

 

When you visit your potential new property see if you can find any expats who hopefully will be able to share some of there experiences with you. This can be vital information which might influence your decision to buy property abroad.

 

Do you need a Property Surveyor?

 

You should always get a property surveyor to give any foreign property for sale the once over. 

 

 

 

 





 


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