Buying Property In Europe? Here’s What Your Money Will Get You And Where
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Transcript of Buying Property In Europe? Here’s What Your Money Will Get You And Where
Buying Property In Europe? Here’s What Your Money Will Get You And Where
Source: www.expatfocus.com
Buying Property In Europe?
Will HewitsonFC Exchange
“Glistening shores with warm sand to walk on, cities filled to the brim with culture you watch on travel programmes, new languages to learn, exciting food to eat, winding alleyways holding mysterious adventures, and spacious property you’d only ever dreamed of…”2
Source: www.expatfocus.com
Investing in a new home
“If you’re looking at investing in a new
home abroad, there are a few things you
should know about the process.”
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source: unsplash.com
Source: www.expatfocus.com
Most undervalued properties in 2016
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“Some of the most undervalued properties in 2016 were based in southern and eastern Europe such as Italy, Portugal and Spain, according to the Organisation for Economic Co-Corporation and Development (OECD).”
Source: www.expatfocus.com
What Determines House Prices?
“Location is certainly important when it comes to property prices, but the level of supply and demand is perhaps one of the most vital factors.”
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Source: www.expatfocus.com
Which Country Would Best Suit You:
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Moving to Spain could see you soaking up the sun and relaxing with
a Mediterranean lifestyle• There are endless options for
different types of properties• There’s been a notable increase
in expats relocating to Spanish islands
• if you fancy laid-back island life, you may want to look at property in Canary Islands, Tenerife, Lanzarote
• Was €2,100 psm > now €1,500 psm
Source: www.expatfocus.com
Which Country Would Best Suit You:
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If the thought of gelato and freshly made pizzas isn’t enough to lure you to Italy, we’ve got a few other pros we’d
like to point out.
• There are plenty of historical landmarks and gorgeous sites for you to take in
• Italy is fit to bursting with cultural and historical heritage and it’s a truly incredible place to be based
• From €1,973 to €3,500 psm
Source: www.expatfocus.com
Which Country Would Best Suit You:
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Warm summers, delicious wine, stretching white beaches and
friendly locals make Portugal one of the most popular expat destinations
• Since 2014 house prices in Portugal have been on the rise, and making a swift recovery at that
• You’ll have plenty of choice for a good price no matter what type of property you’re looking for
• €1,266 per square metre
Source: www.expatfocus.com
Which Country Would Best Suit You:
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France has always been a popular destination for many expats, offering
shorter working weeks and more holiday days every year, chateaus and
historical sites to visit• French property prices are
increasing somewhat, so you’re likely to need a bigger budget or be prepared to get a little less for your money.
• If you don’t want to live in Paris but fancy visiting easily on occasion, Bordeaux could be a good bet
• From €3,292 to €4,000 psm
Source: www.expatfocus.com
Location Checklist
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- Bars, restaurants- Shops- Beach- Pharmacy and medical facilities - Schools - Gyms and entertainment - Public transport - Airport
Source: www.expatfocus.com
The Essentials
Contract QuestionsDon’t sign any contracts or commit to anything that has any uncertainty in it.Seek SpecialistsMake sure you find experts to help you with your purchase, from solicitors and valuers to architects and surveyors.New Builds and ValuationsIt’s wise to get someone to value your property, even if it’s not very old.
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Source: www.expatfocus.com
House Purchases and Your Exchange Rate
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“It may seem a little daunting amid a big move to have to try and navigate the currency market as well as juggling everything else, especially in 2017 amid a particularly volatile patch of market movement and political change.”
Source: www.expatfocus.com
Bank or Broker? “if you choose to use a reputable Financial Conduct Authority (FCA) approved broker, you’ll be able to receive a much more competitive exchange rate – sometimes up to 4% better –those small differences can add up to big amounts when you transfer your lump sum.”
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ThankYou