Buying Property Abroad – Easy As 1, 2, 3!

If another damp and dreary “summer” at home has encouraged you to go out to SpainPortugalItaly or France to view some properties in the sun, make sure you know how to buy your home abroad safely and efficiently.

Fortunately Total Buying Abroad can help you do just that, and it’s as easy as 1, 2, 3!

1. GET ORGANISED before you go out to view properties. If you will need a mortgage, make sure you know what your options are and what your budget will be (the criteria for overseas mortgages can be very different to mortgages at home).

Find out what will be required to enable you to buy a property and what you will need to do whilst you are abroad. For example Tax Numbers are much much easier, faster and cheaper to obtain whilst you are actually in the country compared to having to sort these once you have come back home. Contact Total Buying Abroad for advice about what you will need and getting organised.

2. Make sure you instruct an INDEPENDENT LAWYER. In order to avoid problems you must ensure that you instruct a reputable lawyer who is independent from the estate agent, developer or seller (so steer clear of the ones they recommend to you and find your own!). The best time to get in touch with a lawyer is before you go out to view properties. Contact Total Buying Abroad to find out more and to get a recommendation for a reputable English-speaking independent lawyer.

3. Get in touch with a CURRENCY SPECIALIST before you go out to view properties. Currency specialists can save you A LOT of money on the purchase of an overseas property (we are literally talking thousands of euros). Although the bulk of the purchase price will be paid on completion, if you find a property you like on your trip, the chances are you will be asked to pay some form of deposit to secure the property. If you are already set up with a currency specialist beforehand this can make the process much easier, much faster and not to mention much cheaper. You can do this for free and without obligation – so no reason not to get organised! Contact us to find out how.

If you need any further information or have any questions about buying property in Spain, Portugal, France or Italy, our FREE service will to happy to help. Call us on 01244 478 911 or email info@totalbuyingabroad.com. 

 

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Article published: November 8, 2017