Buying abroad is an absolute
minefield. It is essential that you get proper advice and that
you understand fully what you are entering into.
- Get a good professional advisor
who fully understands the local market , the laws where you are
buying and the tax regulations that are applicable.
- Ensure your advisor speaks
both the local language and English fluently.
- If you are planning to refurbish,
extend, or build new make sure you understand what permits are
requireds, who grants them and how long they will take.
- Make sure you understand the
taxes that will apply on both the purchase, and later resale.
Are there any specials taxes that apply to non-nationals?
- Buy and read a book on buying
property in the region you are looking at.
- Ask people who have been through
the process what pitfalls they found.
Once you have bought your property,
the fun really begins when you start renovating/rebuilding it.
There are some very amusing stories of dealing with local beaurocracy,
not least Peter Mayles "A Year in Provence" -you do
really need good local professional advice before doing any building
Of course your dream holiday
home may well be empty for 10 months of the year. You can make
good money from letting it -try Airbnb,
who both promote your villa/apartment to prospective clients,
and manage the online bookings for you. And it is free until
you get a customer -you only pay commission on actual bookings.
- Removals Overseas
- Crown Relocations
-specialists in international relocation, offering a complete
range of services to help with every step of moving overseas,
from preparation and planning, to transporting and storing.
- French Property links -useful site for anyone considering buying a
property in France.
builders Douglas Beal and Lawrence Brown run this not for profit
association in France, running courses and study tours in Normandy.
- Ecoliving Portugal -supports and promotes sustainable living projects,
courses and events in Portugal.
- Pure Portugal
-as well as eco holidays in central Portugal, they feature a
number of rural plots for low impact living ranging from ruins
for for restoration and conversion to smallholdings without services.
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