30/09/2024
π How to invest in buying real estate abroad
Investing in overseas property allows you to invest in a reliable asset, receive passive income, and obtain a residence permit.
π Investing in overseas property in 2023
In 2022, the demand for overseas property increased by 80%. At the same time, the buying vector shifted from European markets to Middle Eastern, Asian and neighbouring markets. There are several main reasons why investors left the markets of European countries:
β’ making it more difficult to travel and obtain visas,
β’ problems with transferring funds from Russia to Europe,
β’ economic and other risks of owning foreign property.
The trend of changing markets continued in 2023. In Turkey, Russian investors came out on top in buying residential property among all foreigners. At the beginning of 2023, Russians were buying more than 1,000 properties in that country every month - about one in three homes that were sold to foreigners.
π How to make a deal
The services of an intermediary increase the overall cost of buying a property, but the help of a professional market participant significantly reduces the level of risk. The intermediary will find out all the necessary information about the property and clarify the required details from the seller. The intermediary will also help you to find out about mandatory payments: taxes, payment for the transfer of ownership, various administrative fees, cadastral payments.
π The best countries for property investment
The ranking of countries most profitable for property investment is constantly changing due to the adoption of new laws, fluctuations in supply and demand, price changes and economic factors. There are a few countries where the demand for property is massive.
π FinderOff marketplace will help you to invest in your future
FinderOff company helps those who care about their future and want to invest money in buying property in foreign countries. We work in the off-market real estate format, so you have access to luxury properties that the masses don't know about. At finderoff.com you will find houses and villas for every taste in countries such as Greece, Turkey, Cyprus or Spain. Don't miss the opportunity to secure a decent future for yourself and your family.