International Property Buying Guide

International Realty overseas Investments Lifestyle

International Property Buying Guide

The following are recommendations and guidelines, intended to protect your investment and insure that you have all the information available to make informed decisions.

Things to DO

  • Use a reputable Real Estate Agent with licensed office that is open to the public

  • Do your own research! Do not rely on others to do the work for you

  • What do you want? Where? Off plan? Resale?

  • Make sure that you have a deposit available so you can act quickly, approx 6.000 euros should cover it

  • Visualize yourself in the property. Would you be happy there?

    • Things NOT to do

  • Try and save money by not hiring a property lawyer. Complications in the buying process and common and potentially expensive

  • Pay a deposit to a private vendor, you would not be protected. In the event of non-completion you would never get your deposit back

  • Act emotionally and purchase the first property that you see. Take your time, make sure that the property suits your requirements

  • Forget to include additional costs. Tax, legal fees, valuation etc.

  • Don't rely on advice from family and friends, ask an expert

    • Summary

    The important thing to remember is to make sure the you fully understand every step of the buying process. Make sure that you have a reputable and trustworthy lawyer that knows the area that you are purchasing in and speaks the local language. Make sure that you understand everything that you are signing and have everything accurately translated by a sworn translator. Make sure all payments are officially notarised and official protected in case of complications.