Currently, more and more people strive to purchase real estate in other countries. It can be a small studio apartment in Europe, or a luxurious mansion in the United Arab Emirates. It all depends on how much money you have. Considering the cost of apartments in Moscow and the Moscow region, buying an apartment abroad seems more attractive and affordable. So, a few tips on how to buy property abroad.
Studying the offers of realtors, determine for yourself the reasons why you buy a home in another country.
There may be several of them:
Acquisition of housing for the purpose of further moving to a country with a stable politics and economy. Such a step will make it possible to secure our future in case of serious cataclysms in our country;
Buying real estate as an investment. With the possibility of further leasing and resale;
Acquisition of a dacha, cottage or villa in warm countries. In the future, you can spend a vacation in such a place, and the rest of the year to rent from rental for rent.
Having decided on the purpose of purchase, choose a country. It is recommended to take into account several factors:
Economic and political situation in the country. Before investing money, study the politics and economy of the chosen country for stability and reliability. In developed countries with established legislation, economics and politics, real estate prices are higher. In developing countries, the value of real estate is much lower;
Real estate acquisition scheme and taxes. Each country has its own well-established system of buying and selling housing. In some countries, foreign individuals are not eligible to purchase real estate. In this case, you will need to register a company;
An important point is to study the trend of rising or falling property prices in your chosen country. Particular attention should be paid to this moment, wishing to buy real estate for the purpose of investment;
Visa regime. Many countries around the world require a visa to enter. It is recommended to find out the procedure for obtaining a visa to the country of your choice. You will probably visit your new home often in the future. Learn the laws and list of documents related to obtaining a residence permit in this country. In some countries, buying a home gives you the right to a multiple-entry visa.
Offers for choosing housing abroad are very diverse. The most popular countries for buying a home are Bulgaria, Germany, Spain.