Guide to Buying Overseas Property
The Association of International Property Professionals –AIPP (the industry body for the international property market) has released the 4th edition of its annual guide, “Buying Overseas Property Safely – The Consumer Guide from the Industry Body”.
With the amount of contradicting advice out there, combined with horror stories of developers going bust and leaving investors out of pocket, can make buying property abroad a complex process. The guide outlines common pitfalls to avoid and how to buy overseas property safely. It’s a useful guide which potential property buyers should read before they purchase property abroad.
It provides independent and expert advice and covers areas such as:
- 5 pitfalls to avoid
- The role of the agent & 10 questions to ask them
- What to buy – off plan, new build, resale, renovation and the different ways to buy
- Mortgage advice
- Why you need an independent lawyer
- Transferring money
- Letting your home
A copy of the guide can be ordered free of charge from the AIPP direct by calling +44 (0)20 7409 7061 or by emailing enquiries@aipp.org.uk The guide is also available as an online digital version
One area the guide doesn’t cover is insurance. It’s usually an afterthought when buying property abroad, but one of the most important aspects to protect your investment.
To understand what insurance you need, read our guides:
Choosing house insurance in France
A guide to home insurance in Spain