Buying Property Abroad
Why Buy a Property Abroad?
There are a growing number of reasons why buying a holiday home abroad is appealing.
- Property abroad can produce good capital/equity growth
- Rental yields can also be excellent
- Rising house prices in the UK has given homeowners the opportunity to remortgage and release equity
- Funds released are often enough to buy a holiday home outright or they can be used for a deposit for a first home
- In some recent EU-member countries there is still plenty of room for medium-term capital growth on property abroad. This may provide better returns than on pensions, stock market investments or cash savings in the UK
- The introduction of the Euro in 2002 has enabled people to compare property prices between countries more easily
- Airlines run flights to more places than ever before, more regularly, and at historically low prices
- The internet has made property research and overseas communication faster and easier
- There are more financial, legal and estate agency services available than ever before to help you buy abroad safely
More information on buying property abroad:
Researching buying a property abroad l Points to Consider when buying a property abroad l How to finance your property abroad – various options and likely costs l Building a property abroad l General tips for buying a property abroad l Buying a property abroad with friends l Choosing your new property l Could buying a property abroad secure your future l Insuring your property abroad l Buying property abroad as an investment l Living permanently in your property abroad l Maintaining your property l Property abroad - don't stop at Europe l Property abroad - FAQs l Renting your property abroad l Tax and your property abroad l The responsibilities of owning a property abroad l The true costs of an overseas property l Viewing your property abroad l Legal considerations when buying a property abroad