Where to Buy Property Abroad: An Investor's
Guide is essential reading for anyone
considering buying into international real estate.
The book gives all the necessary information about
the exciting and lucrative opportunities available
in international property and provides practical tools
for analysing which countries and which properties
offer the best investment prospects.
The book is divided into two parts. Part One is
a general guide to property investment, and aims to
educate budding investors on the procedures and methods
involved in successful property investment as well
as potential dangers and pitfalls. This section provides
readers with a variety of skills, including how to
distinguish investment for speculation, how to spot
a market with potential, how to identify a market
bubble, how to select a reliable agent and how to
get the most out of an inspection trip, as well as
offering information on how to finance a purchase
and deal with tax and inheritance issues. It also
gives a good indication of the effects of events such
as EU accession and the Olympics, and other sporting,
political and cultural factors which may affect prices.
Part One then moves on to explain the choices which
are often offered to investors: whether to invest
for rental income or capital gain; which type of property
to go for - apartment, townhouse, villa or land only;
old, new or off-plan; city or countryside; ski or
beach; and whether to go through a local or an international
agent.
Part Two moves the investment guide forward into
specific markets, and provides a practical evaluation
of 25 property markets around the world. These sections
provide a basic introduction to the geographical,
political and economic background of each country
and the property price history within the market.
They then assess whether it is a worthwhile base for
an investment, which types of property provide the
best opportunity, the types of buyers who would be
interested in the market, and hotspots within the
country, before explaining the purchase process and
important mortgage and tax considerations.
Part Two is focused mainly on emerging markets,
however some of the more established markets such
as Spain, France and Italy are also considered with
a view to finding still-extant opportunities for investment
and profit within those markets. Whilst this section
is extremely comprehensive and describes a good range
of markets, it is of course not exhaustive, and further
countries will be described in further editions of
the book or in extra chapters which will be made available
for purchase online.