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Real Estate Finance Overseas by Rhiannon G Williamson
After the technology bubble burst back in 2000 the stock markets suffered a bleak period of decline and investors chose to place their focus on bricks and mortar rather than falling share prices and they began investing heavily into real estate. As a result the second home and the buy-to-let... Many are finding that there's an abundance of real estate opportunity in emerging countries around the world which has created a strong demand for real estate finance overseas. ... 3) The final option available to the majority of real estate investors looking to finance the purchase of a property...
Real Estate Investment Opportunities in the Czech Republic by Rhiannon Williamson
Of all of the countries to join the European Union back in 2004 the Czech Republic has benefited most from its membership; and the country’s economy has gone from strength to strength as a direct result. The increasing wealth of the nation is being distributed among its people because Czech... Anyone contemplating making an investment into real estate in the country should budget for an additional 8% on top of the base property price for taxation and fees associated with buying real estate – and no one should go it alone without the help, advice and assistance of an independent lawyer.
Securing the Best International Mortgage for Your Home in Spain by Rhiannon Williamson
Are you one of a growing number of people planning on buying a holiday home in Spain? Or have you decided to expatriate, buy a Spanish home and live in it permanently? If so, you may be about to begin your hunt for an international mortgage to purchase real estate abroad… The task of finding... There are five basic types of finance arrangement available internationally; to enable you to determine which one suits you and your circumstances best there follows a brief description of each: - 1) International Mortgages Depending on the country you’re resident in and the country you’re...
How to Afford Your Dream Home by Rhiannon Williamson
Is it your dream to one day own a holiday home in the sun; a beautiful house where you can escape, relax and be free of the worries that seem to go hand in hand with every day life? Well, you’re not alone! A recent survey by a well known mortgage lender in the UK revealed that up to one in three... The most popular destinations for second homes like Florida and Spain are very well documented and there are literally thousands of real estate agents to help you find that pricey holiday villa or apartment.
How to Buy a Holiday Home Abroad by Rhiannon Williamson
The thought of owning a second home in the sun or a ski lodge or mountain retreat where we can escape whenever the mood takes us is of course a commonly held dream. And with the simplification of re-mortgaging facilities, the affordability of home loans and the growth in underlying equity many... However, there are two simple facts that the majority of financial advisers and mortgage lenders agree upon and these may help you make your decision: – 1) taking the money that has built up in equity on one property and using it to buy another property is probably the most sensible thing to do...
Slovakia: An Overseas Property Investment Story of the Future by Nicholas Marr
Overseas property investors looking for the next emerging market should investigate Slovakia. The world bank in 2005 stated that Slovakia had the fastest transforming business economy and the trend is set to continue. About Slovakia Slovakia landlocked republic in Central Europe bounded by the... All foreign nationals can acquire real estate or land in Slovakia directly, without having to set up a company and have a local legal signatory. ... Buying property in Slovakia an overseas property opportunity.
Bridging Loans - Fulfilling Financial Shortfall between Real Estate Transactions by Natasha Anderson
You are trying to buy a new property and selling the current one to raise money for the new purchase. It is usually difficult corresponding sale of one property with the buying of another. This almost always leads to financial gap. For this particular circumstance bridging loans are organized. ... It is a short term mortgage and bridges in temporary shortage of finances in the face of a real estate transaction. ... It is meant for real estate financing until permanent financing is secured. ... Commercial real estate transactions require bridging loans to “bridge” in cash gaps.
European Second Home Prices Wilt in Drought by Michael Johnson
Spain and Portugal have suffered one of their worst droughts on record this summer, with consequences from empty swimming pools for the tourist to economic disaster for farmers losing their crops and livestock. Roger Munns, Managing Director of Tribune Properties, predicts that property prices... We normally see villa and apartment prices being dropped mid September onwards when the tourists and potential buyers are thinner on the ground as some owners are keen to sell and don’t want to wait until the following Easter before having a real chance of selling again.’ The drought isn’t the...
Cyprus Buying Investment Property - How to handle CGT by John R F Mason
The Capital Gains Tax rate in Cyprus is 20% of the chargeable gain as adjusted for inflation, but certain lifetime exemptions apply to individuals for the disposal of their main residence. The first CYP10,000 of a gain is exempt. This exemption limit rises to CYP50,000 if the seller has lived in... Capital Gains Tax does not apply to profits from the sale of overseas real estate by residents who were not resident when they purchased the asset. ... Also you can deduct the following: Allowable expenses:- Land Transfer Fees Stamp Duty Estate Agent’s Commission - (but only if a licenced...
10 Top Considerations For Those Buying Property Abroad by Rhiannon Williamson
Are you one of a growing number of people considering buying a second home in the sun, an idyllic home from home abroad or a lucrative investment property overseas? If so you’re not alone! Statistics show that globally we’re all on the move with a recent survey by YouGov revealing that 55% of... In countries such as Northern Cyprus and Bulgaria the real estate market has been suppressed for so long that property prices remain highly competitive and many can see the room for substantial growth in the market.
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