29/01/2022
What to avoid #2
Yesterday we looked at the company you select and what pitfalls to avoid when buying a property abroad.
Today it is the turn of the developer you select for your property. Personally this is where I believe you need to be smart and do all your research and not be suckered and let this buying process become a nightmare.
Here is what to look out for when selecting your developer
1. Insist on seeing a finished product if you buying off plan.
2. Ensure that there are guarantees in place and that they will address your snag list.
3. Make sure that you use an INDEPENDENT LAWYER!!!
4. There should be stage payments in place. This ensures you pay as they progress with the build.
5. Make sure you aware of the local prices and do your homework what us available on the market.
6. TITLE DEEDS!!!! Make sure you find out how long it will take and ask for references
I hope this has helped and you are welcome to DM for more information.