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The reasons for buying overseas property

Posted By: Kal Banev | Posted On: 2007-10-01 | Article ID: 29927

The reasons for buying overseas property can be many and varied. At Premier Properties International we offer properties for all needs. Here is an overview of the choices we offer -

Properties for –
Investment/Rental
Holidays
Golf
Relocation/Retirement

Choice of location –
Established areas such as the Costa del Sol, Mallorca and Florida.
Up-and-coming areas such as the Costa Blanca and Cyprus.
Emerging areas such as Bulgaria, both ski resorts and Black Sea coastal resorts.

Choice of property type –
Off Plan
Custom built
Newly built
Resale
Apartments, townhouses, villas
Prices from €40,000 to €1 million!

Trends and Hotspots 2007
5 reasons to invest in overseas property... now!

Cyprus- the advent of budget flights and joining the Euro in Jan 2008 make 2007 the year to invest - be the first to see our exclusive off-plan opportunities.

Spain - Murcia and Valencia have great investment opportunities. See our golf resorts and off-plan options.

Bulgaria - the Bansko ski resorts provide great skiing and a long rental season with off-plan apartments from £30,000!

Florida - with an exchange rate of nearly $2 to £1, there has never been a better time to invest.

Mallorca - new opportunities in the undiscovered South East -be ahead of the herd!

Where is receiving infrastructure investment?

· The road network in Cyprus is receiving investment as is the whole of the east side of the island, centred round Famagusta .

· The Murcia region of Spain on the Costa Blanca is benefiting from huge investment. Valencia has been transformed by its hosting of the Americas Cup in 2007.

· A major new airport is being developed in Murcia for both European and International flights.
Where are new golf courses being built?

· Golf is booming right across Europe and in Florida .

· New courses are being built in Murcia , Cyprus and Bulgaria .

Obviously the decision as to where to buy is down to you and will be influenced by all sorts of factors from personal preference to the language spoken.

Quality developments

All of the properties and developments that we offer have been carefully vetted, including issues such as land ownership, planning permission, guaranteed completion of ‘off plan’ developments and the quality of design and build, allowing you to buy with complete confidence.


Through our carefully chosen local agents and developers, all properties and developments have been thoroughly vetted, to ensure –


* Land rights have been correctly established.
* Planning permission has been granted properly.
* Local building regulations are conformed to.
* If Off Plan, that the developer is financially sound and that the whole development will be completed within a known timespan.
* Appropriate building guarantees accompany the property.
* The building specifications of all properties are to a high, certified standard.
* Appropriate mortgages are available for the property.
* Bank guarantees are in place – all deposit monies are paid into a separate protected account and only released when all aspects of the transaction are correct.
If purchasing off-plan you receive regular updates on the status of the property and we can arrange an accompanying visit to the Notary when the public deeds are to be granted, if this has not been arranged through the developer.

All these issues start to make purchasing a property overseas sound like a stressful process – don’t be put off, the rewards are worth it and with our help and support it can be straightforward. We just want to help you go through the whole process with your eyes open.

 

Article Source: http://www.articlecell.com

About The Author
Kal Banev
Overseas property for sale :: Property investment advice by PremierGroup



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