5 tips for buying your second home in the sun
There's a lot more to buying a second home in the sun than viewing a few likely properties and taking the plunge. Successful purchases require a great deal of research, several visits and a certain amount of soul searching. Here are five tips to help you get it right. 1. Start your search early If you are looking for a home in the Mediterranean, for example, it is a good idea to start your search early in the year, and if possible make your first viewing trip during the winter. Many properties used as second homes will be empty then, therefore access
A Buying Guide to Greece
If you’ve found a beautiful property to buy in Greece, the buying process itself is a well-trodden path. With good legal advice, it shouldn’t hold any surprises. Firstly, three basic formalities: — You need to register any funds with the Bank of Greece that you’re bringing into the country to make your purchase and gain their permission to proceed. You may also need to open a Greek bank account, for the funds that you transfer. — You will need a tax registry number from the Greek tax authorities ("AFM"). — If you’re a non-EU national, take the precaution of checking that you are allowed to buy
Why Greece is a top investment destination?
After the financial crisis, Greece has managed to transform itself into an investment destination with promising rewards to potential investors. There has been a considerable increase in investors, who are interested in invest in Greece for the last 10 years. Amongst the most important reasons for that are the following: - Low cost of living (35% lower than the UK)
Advantages of buying property off-plan
Buying off-plan is unfortunately sometimes presented as a “risky” investment option due to them that you are signing contracts without having a tangible product to purchase. In reality, purchasing off-the-plan has significant benefits that deliver time and financial savings, in addition to actually de-risking the purchase. Take Time To Plan and Save As you are committing to property that may take 12-18 months to complete, that offers you plenty of time to plan. This is valuable if you plan to occupy your future home, leaving you plenty of time to organize the sale of your existing property or the end of the