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Guide to Buying   Investments   Top Tips

Top Tips for Buying Overseas Property

Whether you are buying in Bulgaria, Croatia, Cape Verde, Cyprus or elsewhere the following tips from Amar Sodhi, Managing Director of Avatar International will help you to find a property that is perfect for you.

Amar Sodhi comments: “Firstly and most importantly, find a reputable agent or consultant for advice.”

Then, proceed with the following:

  • Research the area in which you want to buy: look up the exact location on a map.
  • If you can, visit an overseas exhibition to see what is available and examples of what different developers are offering.
  • Once you decide on a particular development, research the developer. Check if they have a good track record.
  • Check whether all of the relevant building permissions have been obtained.
  • Check all prices thoroughly. Are there additional buying costs to the price quoted?

If you visit the country to view the property:

  • Ask to see examples of previous projects built by the developer.
  • Find out whether other building work can take place in the immediate surrounding area that might affect the development, such as obscuring current views.
  • Check the development’s proximity to the local town / beach and other facilities, such as transport.
  • Ask to see samples of furniture and interior materials.
  • Seek independent legal and financial advice.

For more information please email us at info@avatar-international.com or on 0870 7282827

 
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