With the continually rising prices of property at home, more and more people are turning to foreign climates for their first foot on the property ladder. There are various options for buying property abroad: for example you can buy-to-let, buy a holiday home where you spend a few months each year, or buy a place as your full time living option. Whichever you choose, you need to consider a number of factors before doing anything as some countries have specific stipulations with regards to buying properties.

Conducting a Thorough Search
There are literally thousands of properties for sale abroad and the number of countries that are opening their doors to British immigrants is growing each year. If you are considering buying property abroad then you probably already have an idea of the general area in which you wish to live and this will help when searching for your ideal property. Most people have a reasonably clear idea of what they want in a property before they begin searching. However once they see the range of properties available they start wanting everything and then things can get confusing! It helps to make a list of the essential features that your property abroad must have so that you can narrow the search down.

As the TV shows are always telling us, location is everything and once you have chosen a country, you then need to decide whether you want to live near the coast, in the countryside, close to big cities and tourist destinations, or in a quiet little village where life will be more sedate. When choosing a specific location you should check out the local facilities and make sure that the area has everything that you and your family will need. So for example you should research the public transport links, how close the restaurants, shops and entertainment districts are, especially if you are buying-to-let. If you are moving abroad full time, then you should try to find out what the local people are like and if they welcome foreigners to the area!

Find a Reputable Estate Agent
Some countries don't require their estate agents to be registered and some may not be experienced in selling houses to people from other countries. It is important that you work with a reputable and well established estate agent who is licensed to trade in their own country (where this is necessary). They will be able to sort out most of the legalities of the sale and they can also often recommend a good solicitor or lawyer to help with the required formalities. You should choose a lawyer who speaks very good English as well as their native language so that there are never any communication problems.

Many people skimp on this part of the buying process and try to cut out the 'middle man' in order to save money. However as mentioned above, some countries have specific stipulations with regards to buying property and if these aren't complied with you could find yourself with more problems than you bargained for. Moving to Spain for example, requires you to complete a Will in the native language which many people don't know about, and if you don't sign a property disclaimer you could find yourself burdened with the debts of the previous owners. Thus it is worth spending a few extra pounds on a good estate agent and lawyer.

Hidden Costs
A lot of people forge ahead and put in an offer on a property they've found without finding out about any additional costs. A good lawyer will be able to tell you about all the small charges that can easily mount up and which you may not have budgeted for. These will need to be considered before you do anything concrete. The taxes in some countries can be quite high too, and once you have made a formal offer it may be difficult to withdraw from the purchase. You should set up a bank account in the country of your choice to pay for all the likely charges and make sure that it is always funded as in many cases your lawyer will need access in order to pay bills as they arise.

Making an Offer on a Property
Once you have found the ideal property in the perfect location you will want to put in an offer. However unlike the UK where you can submit a verbal offer, many other countries require a formal written offer stating the price you are willing to pay, the deposit you itend to give, the date by which you can complete the transaction, and a full list of the items that you believe to be included in the sale. Once this offer is made and accepted by the vendors, you are often legally obliged to go through with the purchase and if you wish to back out, you may be liable for a number of charges. Thus it is vitally important that you only instruct your lawyer to make the offer when you are absolutely certain that you want to buy the property.

Conclusion
Buying property abroad is fast becoming a realistic option for many of us for holiday homes and buy-to-let properties. Thousands of British citizens are buying homes abroad each year and the information available on the internet is continually growing. Many people think about taking the do-it-yourself approach and saving a few pounds on the cost of a registered estate agent and a good lawyer. However some of these people later find themselves lumbered with additional charges they knew nothing about, and difficulities with the regulations connected to property buying. Buying any property can be complicated even in the UK where you may know the system well. Buying abroad should be treated with even more caution as you may not know the language, customs or potential pitfalls. This said, many people, once they have navigated through the legalities, will say that the effort was well worthwhile.



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Classified Ad Results  ( 1 to 20 of 38 ads found )
28 June 2009
If you are interested in buying/ selling/ letting /renovating or constructing properties in pakistan,please feel free to contact us for better services waseem khan ghandhara estate off#10,1-y crecent plaza,f-10 markaz,islamabad,pakistan 0092-51-2211627,2211628 mobile 0. .
HD1
25 June 2009
Price: 120,000€ a detached two bedroom restored stone house with land for sale near serta, central portugal. the house, which measures 92 square metres of construction, is connected to both mains water and electricity and has been restored to a high level. the pro. .
24 June 2009
Lovely cottage in hungary (region- monor) is for sale. huge land with fruit trees . remodeled,furnished. garage,vine cellar . many extras. call 36-70-511-1853.
£80,000
NW1
23 June 2009
Prague 3 – no. 5 kubelikova st. (nearby jiri z podebrad square, bordering vinohrady), a new attic apartment: 3 rooms including kitchen: 103. 2m2, 6th floor, balcony, spacy hall; high standard of basic equipment. a sunny apartment situated to the west; marvelous vi. .
£260,000
S26
21 June 2009
3 5 acres of land for sale overlooking victoria reservoir and knuckles mountain range. 5 minutes from victoria golf club. can be sold as 3x75 perches & 2x 100 perches or complete. water & 3 phase electricity available application to connect required. .
20 June 2009
500 square yards plot number 600 on main service road d-12/2,islamabad,pakistan, is available for sale. it is located on main service road in sector d-12/2, near margalla hills, islamabad. development work almost completed possession expected in few months. ideal place. .
£92,307
HD1
16 June 2009
Quintadesol is a colonial style portuguese villa set in approximately 6. 2 acres of land in the city of setubalwhich is approx. 30 miles from the portuguese capital city of lisbon. the resort is conveniently situated with easy access to the populous tourist destinati. .
14 June 2009
Located in nova scotia. a 3/6 bedroom house easily be converted into two separate homes. has its own well & septic system & power & phone readily available. next to the house is a two acre roadside field prime for building on. the woodland, measuring over o. .
£250,000
TR11
13 June 2009
Location: atri by the province of teramo in the abruzzo region of italy description: 200 sqm property surrounded by 12 hectares of land with 80 olives trees nerby: 10 minutes from the adriatic coast and beaches 40 minutes from the grand sasso montain and main sky r. .
£204,000
12 June 2009
Beautiful hotel in the city of chiangmai thailand for sale 359 rooms = 7,300,000 pounds. more info. pls. email : . thks. .
£7,300,000
NW1
11 June 2009
Situated in nw spain in the quiet and scenic area of sober (lugo), galicia, and within the ribeira sacra wine region. 2 floors of approx 120 m2 each with the ground floor comprising 3 large cellar/storerooms. vineyard/garden to the rear and half-covered patio to the fr. .
£56,000
HD2
This beautiful riverside property includes a watermill, bar and restaurant, 2 x 2 bedroom gites, grand maison(three big bedrooms, third bedroom en-suite), a two bedroom apartment, a cave, a large workshop, a garage, an office, a campsite, a small beach, an outside bar . .
£300,000
DA4
Typical townhouse retaining many original features and comprising entrance hall, shower/toilet room, sitting room, fitted kitchen, 3 bedrooms, large terrace, large cellar and garage. easy car access. located within a quiet area of this pleasant, friendly and historic t. .
£110,000
HD2
10 June 2009
Very substantial freehold commercial property (largest gym in all north thailand), plus exotic 80 seat snack bar, panaramic art studio, rooms to rent, luxury main residennce & exotic pool coming now. plus ( examples): 5 meter high ornate main gate, 52 roman column. .
£380,000
TR10
05 June 2009
Great opportunity to purchase land ready for recreational use, commercial development, corporate carbon offsetting, or family homestead at blue mountain, pictou county, nova scotia. well located, this exciting, large piece of land consists of a beautiful mix of feature. .
£340,000
TR11
A great getaway. build a log cabin from your own trees, park up your rv, pitch your tent and explore the great outdoors. located in the blue mountain district of pictou county, nova scotia, canada. the perfect remote wildness location just 20 mins drive from five town. .
£56,000
TR11
04 June 2009
For the most exacting – seeing is believing! large 2 storey family home after full reconstruction. ground floor: kitchen with dining area, 2 living rooms, 2 bedrooms, bathroom with bath, shower and wc, winter garden with pool, roofed terrace for sitting in summer. .
£903,500
S26
A villa from first half of 20th century, a beautiful place: brevnov - petriny, close to the forest "hvezda". 3 apartments: 3 rooms + kitchen, own entry from stairs. attic for conversion , or rebuilding as a duplex apartment. two terraces, balcony. cellar, garage for 2 . .
£615,000
S26
Above standard suburban family home with garage and carport. built in a peaceful part of vsestary u rican with 438 m2 of land. glass conseravatory, vestibule with independent access to rooms and wc, from the living room with fireplace and kitchen (solid oak with applia. .
£213,000
S26
23 May 2009
If you were looking for off plan or investment property,with a very strong potential overseas – may we suggest you look towardsturkey and let citrus estates help you make your dreams come true in that all very important property to buy search. citrus estates only. .
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