Buying Property Abroad
Author: Ron Wesley
Buying Property Abroad: Now a Reality!
The past decade has seen a tremendous rise in the popularity, purchase and hype of Buying Property Abroad. In the starting of 21st century, the world has witnessed the
sudden surge in the house prices in hot abroad real estate countries, with UK recording the highest.
The Abroad Real Estate Scene: From Past Decade to the Present
The fat pay cheques together with the low cost airline destinations and professional assistance has allowed average man easier access to be able to think about buying a
property and even living abroad!
Nowadays majority of the common men on the street has been on a vacation abroad. Whether on a holiday in UK or USA, we all get tempted seeing the board of a local real
estate agent at least to see what all we can afford in that foreign land. However, all we have been doing in the past is only considering the possibilities without taking any
possible step towards realising them!
The scene has changed now. For instance, Four years ago the number of properties owned by UK nationals was around 170,000 and now over 1 million people from UK are
proud owners of second homes alone in two popular European countries, France and Spain ! According to the survey done by the Office for National Statistics around
200,000 Britons travel abroad every year in search of prospective properties that are worth buying.
However, due to the recent Recession in the world economy, the real estate has suffered a major set back in countries like UK, USA and various European countries, but
things are again steadily getting back on track. During the meltdown few other countries has become popular for real estate investments At this time Canada has emerged
as a popular real estate country, for personal purposes and prospective investment purposes.
Where and How to Invest in Overseas?
The main question which boggles the potential investors down is where to buy the house? It is a difficult question to answer as every individual has a different idea of
owning an investment property overseas, which is completely different from others. However, we at Jimco International help you find the correct answer to this tricky
question.
We have charted down a list of selected questions that we ask our clients to consider when thinking about buying property abroad:
- Your Budget: How much are you willing to spend? Will you need a mortgage or finance?
- Location: Is the investment for personal use or for a bright future prospect? Does the location really important for you? You want it to be on a beach, country side
or a town?
- Purpose of the Property: A personal holiday home or a purely smart investment or both?
- Size: How big you want the property to be? One bedroom apartment or a four bedroom villa?
- The Nature of Access: Do you want that getting to your property be cheap? Is it very important for you?
- Employment Opportunities: Do you need to consider the employment situation there?
- Schooling: Do you need to think about schooling there for your kids?
- Rent: Is it very necessary for you to rent out your property to help you pay off the mortgage or loan payments?
Getting definitive answers to the above mentioned questions can make the process of buying property overseas a relatively easy and straight forward task. Our rich
experience, reliable legal representatives and customer friendly services will help you immensely to buy your dream house. As we always say, our mission is to make your
dream property a reality!About the Author:
Jimco International is overseas real restate agent deals in Tremblant real estate and
International real estate for buying and selling of properties. You can get more information on Jimco if you're looking for buying property abroad & Ski property for sale. Downtown San Jose Dining Guide Mariah Carey Tickets - Mariah Carey Unveils Touring Plans For 2010 Southern California Aliso Viejo Guide For Families & Singles Things To Do Near Laguna Beach Car Hire Spain - Cheap Car Hire- What To Look For? Car Hire Barcelona Airport - Renting Success At Airports Car Hire Brava - Great Deals For Hiring Cars At The Airport Car Hire Malaga Airport - Get The Best Cars Hire Deals Yourself Car Hire Mahon Airport - Fabulous Tips For A Budget Car Hire Car Hire Palma Airport - Useful Reminders For Car Hire At Airport Car Hire Tenerife Airport - Opt For Luxury In A Car Hire Car Hire London - Several Ways To Hire A Car Caribbean Travel: Tips For Getting the Most Out of Your Trip