Overseas Property
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 255,000 Britons
left the UK in 2005 to live overseas, thats an increase of over 12% on the previous
year. Factors that have contributed to the UK's growing trend of owning an overseas holiday
home include
- Higher earnings - higher national wages
- Rise in UK property values - many people have used equity in their existing
property to buy abroad
- Low Cost Airlines - cheaper flights from Ryanair and Easyjey have opened
up cheaper travel
- Poor Pension Performance - many people have taken control of their pension
funds to manage personally on buying property abroad
- 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 developments.
Buying Off plan 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 property 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
1 bed
Hotel
Sal Island - Cape-Verde
6% Returns until completion
Projected 12.4% returns thereafter
SIPPable
Free Furniture
Fully managed rental by world leading hotelier
5% discount on completion
Enquire now for further details
...
1 bed
Apartment
Sal Island - Cape-Verde
12.4% Rental Return SIPPable Investment with choice of payment plans.
5* Development. Sol Melia Hotel Managed Rental Scheme.
Projected Rental Yield of 12.4%.
6% Returns from day 1
Guaranteed exc
...
2 bed
Apartment
Sal Island - Cape-Verde
Guaranteed exchange rate of €1.35 to £1. 15% written Off.
Due for completion this year. Show villa ready to view.
Tortuga Beach Resort & Spa is one of the finest quality residential devel
...
3 bed
Villa
Sal Island - Cape-Verde
Last remaining villa. Guaranteed exchange rate of 1.5€ to 1£.
Due for completion this year. Show villa ready to view.
Tortuga Beach Resort & Spa is one of the finest quality residential d
...
2 bed
Hotel
Sal Island - Cape-Verde
Key Points:
First European 5-Star rated operation on Sal Island
Fully managed hotel scheme by Sol Melia Group
Beach Front Location
Low Density development
Easy Access – regular flights from UK
...
2 bed
Hotel
Sal Island - Cape-Verde
Key Points:
First European 5-Star rated operation on Sal Island
Fully managed hotel scheme by Sol Melia Group
Beach Front Location
Low Density development
Easy Access – regular flights from UK
...
3 bed
Villa
Sal Island - Cape-Verde
4 Villa Plots have been re-released on this sold out resort and now only 2 remain.
Tortuga Beach Resort & Spa is one of the finest quality residential developments on Cape Verde. Situated on t
...
1 bed
Apartment
Sal Island - Cape-Verde
Just reduced by 10,000 euros
Similar plots are currently valued at 135,000 euros. Quick sale needed.
1st Floor 1 bed apartment in a central location on the resort.
Dunas Beach Resort is a premi
...