5 Tips for Overseas Vacation Home Buying Success

5 Tips for Overseas Vacation Home Buying Success

Free Online Articles Directory

Why Submit Articles?
Top Authors
Top Articles
FAQ
ABAnswers

Publish Article

0 && $. browser. msie ) {
var ie_version = parseInt($. browser. version);
if(ie_version Login

Login via

Register
Hello
My Home
Sign Out

Email
Password

Remember me?Lost Password?

Home Page > Finance > Real Estate > 5 Tips for Overseas Vacation Home Buying Success

5 Tips for Overseas Vacation Home Buying Success

Edit Article |

Posted: Jun 10, 2006 |Comments: 0
| Views: 284 |

]]>

The dream of owning a vacation home in some sun-drenched overseas location is one the majority of us share, and because real estate proves itself time and again as a solid long term investment commodity, many more people are committing to purchasing real estate abroad as an investment that they and their family can also enjoy and benefit from.

When buying a vacation home abroad there are a number of key considerations to bear in mind to avoid some of the traps and pitfalls sometimes associated with buying long distance and in an unfamiliar country. With these 5 tips for overseas vacation home buying success you can quickly cut a swathe through the research process and move towards securing the dream swiftly and securely.

Tip One – Learn the Rules and Regulations

Different countries have different rules relating to the right or otherwise of foreign citizens to own the freehold title to immovable property. Some widely publicised destinations don’t allow foreigners to directly own the land on which their property sits (Bulgaria) or more than one property (Cyprus) for example, and some countries are less economically or politically stable than your own which can mean that real estate related rules and regulations may change in the future. Make sure you’re comfortable with the workings of the country you’re considering buying a vacation home in, and if in doubt seek professional advice about that country and the ambitions you hold for owning a holiday home in it.

Tip Two – Good Investment/Bad Investment

If you’re buying a vacation home with a hope that it will go up in value and be not only a family retreat but a great asset, know that real estate, just like any investment commodity, can go down in value as well as up. Furthermore not all countries have a real estate economy the same as the one in your own country – a little research would be wise into the historic nature of the property market in your country of choice as well as predictions for its future. While such data is not a direct indication of how well your investment will perform it will arm you with more data to hopefully make your decisions easier.

Tip Three – Title Deeds and Legalities

Legal systems and the title deed registration process differ from country to country therefore know your legal rights and try and find out about the essential searches, surveys and title deed checks that need to be conducted before you should commit to buying your overseas vacation home. Never enter into any form of contractual agreement without the direct assistance of an independent lawyer and never accept someone’s word that a vacation home has its permissions and title deeds valid and up to date. Insist on seeing and checking all important facts and data before signing on the dotted line.

Tip Four – Accessibility and Desirability

If you’re thinking about making an income from your vacation home or even hoping to holiday in it yourself regularly, one of the most important factors to bear in mind is the accessibility or otherwise of your vacation home. If your real estate is difficult to reach, with many miles to traverse and complicated and expensive plane journeys to plan, then it will just become a less desirable commodity over time. While a vacation involves getting away from it all and escaping every day life, a vacation destination and home should be easy and affordable to reach.

Tip Five – Enlisting Assistance

Consider enlisting the help of a reputable real estate agent, an independent lawyer and if you want to make money from your vacation home, a property management service. Such professionals can save you time, effort and money and they can make the whole process of buying and owning a vacation home that much simpler. Make sure you take references, examine credentials and see qualifications before employing anyone to assist you however, and if at all possible seek recommendations because anyone who does a good job will always get good press!

Retrieved from “http://www. articlesbase. com/real-estate-articles/5-tips-for-overseas-vacation-home-buying-success-34087. html”

(ArticlesBase SC #34087)

Watch your traffic increase just by submitting articles with us, click here to get started.
Liked this article? Click here to publish it on your website or blog, it’s free and easy!

Rhiannon Williamson –
About the Author:Rhiannon Williamson writes about buying overseas property and produces buying property abroad guides for many countries around the world. To read her latest buying property abroad guides click here.

]]>

Questions and Answers

Ask our experts your Real Estate related questions here. . .

Ask

200 Characters left

How long does the home buying process take ?
I want some tips for hair growth. will you provide me home remedies?
Hello i am considering buying a home my credit is bad i do have a good paying job i was wondering if i come up wid 5,000-8,000 is it possible i can buy a home??

Rate this Article

1
2
3
4
5

vote(s)
0 vote(s)

Feedback
RSS
Print
Email
Re-Publish

Source:  http://www. articlesbase. com/real-estate-articles/5-tips-for-overseas-vacation-home-buying-success-34087. html

Article Tags:
vacation property, vacation real estate, property abroad, real estate abroad, real estate investment, overseas real estate, overseas property, investment property, buying property

Related Videos

Related Articles

Latest Real Estate Articles
More from Rhiannon Williamson

Buying your First Home

Learn how to buy your first home and make a solid investment that will stand the test of time. (03:06)

How to Buy Real Estate

Why more and more homebuyers are opting to work with mortgage brokers to secure financing. (02:13)

Real Estate Tips Part 2/2

In this home video watchmojo finds out more about the housing crisis from a realtor point of view and whether it’s best to buy or rent, Part 2/2. (02:16)

How to Buy a First Home

This home video deals with tips from a real estate expert on what to consider when buying first home. (02:31)

How to Buy Commercial Real Estate

Learn how to purchase and secure commercial real estate property. (01:17)

Buying Property Abroad

The world has witnessed the sudden surge in the house prices in hot abroad real estate countries, with UK recording the highest. the real estate has suffered a

major set back in countries like UK, USA and various European countries.

By:
Ron Wesleyl

Finance>
Real Estatel
Jan 07, 2010

Property in America – Guide to Buying Property in America

Buying a property in America? This useful guide will help you to understand the different types of property and the buying process involved in buying a property in the United States of America.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007
lViews: 246

Property in Spain – Guide to Buying Property in Spain

Thinking of buying a property in Spain? This informative article will help you to understand the property market in Spain as well as giving you an insight into the purchasing process to buying a property in Spain.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007
lViews: 152

Property in Czech Republic – Guide to Buying Property in the Czech Republic

Thinking of buying a property in the Czech Republic? Then you need to read our useful guide to buying a property in the Czech Republic. Complete with useful country information and links to estate agents website and an insight in to the buying process of acquiring a property in the Czech Republic.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007

Property in Dubai, Abu Dhabi – Guide to Buying Property in the United Arab Emirates

Thinking of buying a property in the UAE? Then you need to read our useful guide to buying a property in Dubai. Complete with useful country information and links to estate agents website and an insight in to the buying process of acquiring a property in the United Arab Emirates or UA as its commonly known.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007
lViews: 231

Australian Property – Guide to Buying Property in Australia

Thinking of buying a property in Australia? Then you need to read our useful guide to buying a property in Australia. Complete with useful country information and links to estate agents website and an insight in to the buying process of acquiring a property in Australia.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007
lViews: 293
lComments: 1

Property in Dominican Republic – Guide to Buying Property in the Dominican Republic

Thinking of buying a property in the Dominican Republic? Then you need to read our useful guide to buying a property in the Dominican Republic. Complete with useful country information and links to estate agents website and an insight in to the buying process of acquiring a property in the Dominican Republic.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007

Property in Portugal – Guide to Buying Property in Portugal

Thinking of buying a property in Portugal? This informative article will help you to understand the property market in Portugal as well as giving you an insight into the purchasing process to buying a property in Portugal.

By:
Les Calvertl

Finance>
Real Estatel
Nov 20, 2007

Are PassivHaus’ The Way Forward To Zero Carbon?

Passive houses are a German design but can have a British location with a tropical climate, how is this possible? Because PassivHaus’ are super efficient and their construction makes for warmer homes which translates into lower energy bills for the homeowner. Sounds too good to be true doesn’t it. So if a PassivHaus offers this why aren’t all new builds built this way?

By:
fiona daviesl

Finance>
Real Estatel
Feb 27, 2011

Sethi Group presents Max Royal in Noida Sector 76

SETHI GROUP presents Max Royal, the budget homes located in Noida- Sector 76. Max Royal offers 2 / 3 BHK apartments with the highest standard of living. The place has all basic as well as modern amenities which are requisite for a residential area.

By:
Sameer Singhl

Finance>
Real Estatel
Feb 27, 2011

Why Pricing is the Single Most Significant Consideration When Purchasing a House

The property market is not what it once was. Unless you’ve been living under a rock, I’m sure you know that! For many years, housing prices went up and up and up. There were a couple of years of adjustment, now and then, but in general you could count on making money with home ownership. Read this article, today, to find out more!

By:
Lee Colel

Finance>
Real Estatel
Feb 27, 2011

Luxurious Villas and Homes in Dubai

Dubai property market is once again progressing steadily as due to increase in the demand of real estate properties Dubai property sale have also increased compared to property sales during last year in the same amount of time.

By:
John Marshell

Finance>
Real Estatel
Feb 27, 2011

How to Buy Real Estate in USA | Buy Your Real Estate Properties in USA

Buying real estate in the USA is something that many property investors are keen on doing especially given the current economic climate in the USA. This article gives a concise yet useful introduction to buying real estate in the USA.

By:
Business News Infol

Finance>
Real Estatel
Feb 27, 2011

Sydney Real Estate And Property Management

Recent research indicates that the real estate market in Sydney remains expensive when compared to other areas throughout Australia. That does not mean, however, that there are not excellent opportunities for those looking to purchase, rent or invest in real estate. The gap between Sydney prices and those in other areas is closing somewhat, as the rise in costs appears to be moving more slowly in Sydney than in surrounding cities.

By:
Sachin Kumar Airanl

Finance>
Real Estatel
Feb 27, 2011

House Purchase Business Opportunities

Buying a home as a business venture is the trend nowadays. More and more home buyers are considering this idea that home purchase is not only a personal necessity, but a business opportunity for them. Looking at the situation now, increase in the number of foreclosed homes are rising. This means that more people are losing homes. The loss of others can be your ultimate gain. By investing on such properties and placing it on occupancy, you can get income from it.

By:
Jasson Wallacel

Finance>
Real Estatel
Feb 27, 2011

Is It Time To Consider Living Off The Grid? How About A 40 Acre Solar Finca In Remote Argentina?

It’s no secret that western governments everywhere are falling under so-called ‘austerity measures’. Meaning a loss of entitlements that many retirees have paid into their whole lives. Feeling the squeeze yet? Maybe it’s time you consider this. . .

By:
SS AKl

Finance>
Real Estatel
Feb 27, 2011

Protecting Your Family Abroad

Taking the holistic approach to caring for children and your spouse when moving to live overseas – covering welfare, health care and insuring against all medical eventualities!

By:
Rhiannon Williamsonl

Finance>
Insurancel
Aug 01, 2006
lViews: 262

Taking Care of Yourself When Living Abroad

To live, work, travel or study abroad is a dream that many of us share – and to ensure that we remain safe, in good health and well protected when overseas it’s essential to get the best but most affordable international health insurance in place.

By:
Rhiannon Williamsonl

Finance>
Insurancel
Aug 01, 2006
lViews: 274

North Cyprus: The Last Mediterranean Property Investment Hotspot

North Cyprus is the secret and undiscovered third of the island of Cyprus that has been left untouched, unspoiled and unsullied and which now represents the best property investment hotspot in the world!

By:
Rhiannon Williamsonl

Finance>
Real Estatel
Jul 29, 2006
lViews: 263

Why Buying Property in North Cyprus Makes Sound Financial Sense

North Cyprus is exceptional, it’s beautiful, it’s affordable and it is not going to remain a secret for very much longer. . .

By:
Rhiannon Williamsonl

Finance>
Real Estatel
Jul 28, 2006
lViews: 182

Living in Bahrain

For anyone considering living in Bahrain this article is an introduction to the country, the entry requirements and to living and working in Bahrain.

By:
Rhiannon Williamsonl
Travell
Jul 01, 2006
lViews: 957

Jobs in Cambodia

A guide to working in the stunning and fascinating nation of Cambodia.

By:
Rhiannon Williamsonl
Travell
Jul 01, 2006
lViews: 1,315

How to Start Your Overseas Real Estate Portfolio

If you would like to learn more about building a passive income for life from investing in overseas real estate here are the main five considerations to bear in mind to maximize profit, reduce risk, increase yields and capitalize on opportunities as they present themselves

By:
Rhiannon Williamsonl

Finance>
Real Estatel
Jun 10, 2006
lViews: 516

How to Plan Your Retirement Abroad

Top tips for those planning on retiring overseas to an affordable haven to ensure their long term financial success and overall happiness.

By:
Rhiannon Williamsonl

Finance>
Real Estatel
Jun 09, 2006
lViews: 289

Add new Comment

Your Name: *

Your Email:

Comment Body: *

Verification code:*

* Required fields

Submit Your Articles Here It’s Free and easy
Sign Up Today

Author Navigation

My Home
Publish Article
View/Edit Articles
View/Edit Q&A
Edit your Account
Manage Authors
Statistics Page
Personal RSS Builder
My Home
Edit your Account
Update Profile
View/Edit Q&A
Publish Article
Author Box

Rhiannon Williamson has 10 articles online

Contact Author

Subscribe to RSS

Print article

Send to friend

Re-Publish article

Articles Categories
All Categories

Advertising
Arts & Entertainment
Automotive
Beauty
Business
Careers
Computers
Education
Finance
Food and Beverage
Health
Hobbies
Home and Family
Home Improvement
Internet
Law
Marketing
News and Society
Relationships
Self Improvement
Shopping
Spirituality
Sports and Fitness
Technology
Travel
Writing

Finance

Accounting
Banking
Credit
Currency Trading
Day Trading
Debt Consolidation
Insurance
Investing
Loans
Mortgage
Personal Finance
Real Estate
Taxes
Wealth Building

]]>

Need Help?
Contact Us
FAQ
Submit Articles
Editorial Guidelines
Blog

Site Links
Recent Articles
Top Authors
Top Articles
Find Articles
Site Map
Mobile Version

Webmasters
RSS Builder
RSS
Link to Us

Business Info
Advertising

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License. Copyright © 2005-2011 Free Articles by ArticlesBase. com, All rights reserved.