Overseas Property
Overseas Property for sale - view our extensive list of overseas properties available
in over 100 countries worldwide.
Overseas property for sale and homes abroad has become a worldwide business over
the past decade with thousands of people from all nationalities ready and eager
to move from traditional homestead areas to pastures new around the world.
Last week the office of National Statistics announced that over 275,000 Britons
left the UK in 2008 to live overseas, thats an increase of over 15% on the previous
year. Factors that have contributed to the UK's growing trend of owning an overseas
property include
- Higher earnings - higher national wages
- Rise in UK property values - many people have used equity in their existing
property to buy overseas
- Low Cost Airlines - cheaper flights from Ryanair and Easyjey have opened
up cheaper overseas travel
- Poor Pension Performance - many people have taken control of their pension
funds to manage personally on buying property overseas
- UK Property Ladder - many young people are turning to overseas property in
an attempt to get onto a property ladder as the UK market spirals out of their reach
- Lower cost of living - in most countries abroad the cost of living is cheaper
than in the UK
The list above is by no means exhaustive but shows the main reasons why British
people have continued to invest in overseas property over the past decade.
Property Abroad the company receives
over 3,500 enquiries each month from prospective overseas purchasers. Investors
and people keen to join the ladder on new and emerging real estate markets overseas
have perhaps gained the biggest growth over the years. However, with new areas like
Bulgaria,
Croatia,
Brazil,
China,
Romania,
Cape Verde and more coming to the market there are still numerous opportunities
for would be investors buying overseas.
Overseas Mortgages
As with UK mortgages the overseas mortgage market has advanced
in line with the growth of the overseas real estate market to offer buy to let mortgages
on overseas property as well as specialist and higher loan to value (LTV) mortgages
to enable the easier purchase of property and land abroad. Some of the larger developers
in countries abroad have even entered the mortgage market themselves by offering
bespoke mortgage products on their own off plan property.
Buying Off plan property overseas has proved an attractive option for investors
in this way by enabling investors to buy more than one property using smaller deposits
and with the advantage of being able to sell the property prior to completion many
investors have doubled even trebled their initial investment in a short period of
time.
Overseas Leaseback Properties
Leaseback properties are also proving very popular with investors and people
keen to get on the overseas property ladder. Buying a property this way enables
the investor to be guaranteed a % yield (return from rental income) each year for
periods often up to 15 years.
There can be very little or no personal use of the property during this period but
it is an ideal way to join the overseas market with only an initial deposit and
mortgage payments in most cases can be covered by the guaranteed rentals in place
for the period. We have over 100 leaseback properties on offer in France ranging
from £38,000 upwards.
Overseas Off Plan Property
Buying a property
off plan has obvious benefits and risks but can also be very lucrative especially
if you buy on the opening phase and keep the property until the development has
been completed.
Many investors buy on the first phase and sell to buy on the 2nd phase and so on
until in larger developments they have possibly purchased their property outright
through buying and selling on previous phases. We have over 170 off plan developments
to choose from in many countries abroad all representing excellent value for money.
Overseas Auction Property
Mention the word "Auction" and everyone's ears pop up, we can't help it,
its human nature, we all want a bargain. Buying a property at auction can be the
cheapest way to get into the overseas market. Properties can be repossesed, offered
to auction as the sellers are desperate to sell, legally confiscated or the subject
of a court order.
Buying a property at auction can be fun - but be careful, check the details of the
property, don't over commit yourself and know when to stop bidding. Our sister companies
Auctions in Tenerife and
Worldwide Property Auctions both have an array of properties for sale by
private auction. We also have a selection of auction properties on our site, click here to view them.
Overseas Mobile Homes
With overseas properties becoming so much sought after its natural that this has
driven up the prices over the years. However, there is still an affordable way to
own and live abroad - a mobile home. We have been selling mobile homes in France and Spain for many years now and
have seen a marked increase in people opting for this kind of purchase as opposed
to the traditional methods.
We have 2/3 bedroomed mobile homes abroad for sale on freehold
and leasehold land in France and
Spain starting from as little as £16,700 all in. To see some of the
deals on offer visit our mobile homes pages.
For Sale by Owners - FSBO Overseas
Lastly
FSBO or for sale by owner means
that you can save on any real estate agency fees and negotiate direct with the owners
on a number of issues. Owners are keen to sell for whatever reason and if you are
in a buying position that is sure to give you an edge, make sure that you agree
a suitable price and what contents are included before you place a deposit and get
everything down in a contract.
We have listed overseas property for sale by owners for a number of years now and
a full list of availability can be found on our
For Sale by Owners webpage.
Latest Overseas Properties Added
2 bed
House for sale in Lassithi
Greece -
Crete -
Lassithi
A simple old house in the centre of the village and within a few metres of the village square. The property which is structurally in a good condition is a stone building with concrete floors and flat
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