Five Rules for Buying…Abroad
April 14th, 2009 Categories: Buying a Home, Tips & Tools
The local real estate market may be picking up, but what about Prague or Pamplona? The Times (of London, that is) gives you five great rules of thumb for buying property abroad. Whether you’re considering a second home, a vacation rental or an investment property, there’s a lot to be taken into consideration. That amazing little villa two hours outside of Dijon might not be a great rental if no one can get to it…and is that condo in Frankfurt such a steal because it’s adjacent to the worst neighborhood in town? Do plenty of research, and definitely work with a seasoned local real estate professional…you might just end up with the vacation home of your dreams!
PS: If you’re interested in international real estate, check out some of our own international listings at thevaleriefitzgeraldgroup.com!
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Sure, there are some pretty interesting opportunities across the Europe - Spain, Ireland, Greece, United Kingdom… And also here in Canada, especially around Vancouver. American investors still don’t believe in their local markets and Canada has a good combination of being cheap (because prices dropped) but safe (they didn’t drop so much…)
Take care
Jay
Comment by Jay — May 10, 2009 #
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