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Buying Property In Europe? Here’s What Your Money Will Get You And Where

Buying Property In Europe? Here’s What Your Money Will Get You And Where

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Page 1: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Buying Property In Europe? Here’s What Your Money Will Get You And Where

Page 2: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Buying Property In Europe?

Will HewitsonFC Exchange

“Glistening shores with warm sand to walk on, cities filled to the brim with culture you watch on travel programmes, new languages to learn, exciting food to eat, winding alleyways holding mysterious adventures, and spacious property you’d only ever dreamed of…”2

Page 3: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Investing in a new home

“If you’re looking at investing in a new

home abroad, there are a few things you

should know about the process.”

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Image

source: unsplash.com

Page 4: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Most undervalued properties in 2016

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“Some of the most undervalued properties in 2016 were based in southern and eastern Europe such as Italy, Portugal and Spain, according to the Organisation for Economic Co-Corporation and Development (OECD).”

Page 5: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

What Determines House Prices?

“Location is certainly important when it comes to property prices, but the level of supply and demand is perhaps one of the most vital factors.”

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Page 6: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Which Country Would Best Suit You:

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Moving to Spain could see you soaking up the sun and relaxing with

a Mediterranean lifestyle• There are endless options for

different types of properties• There’s been a notable increase

in expats relocating to Spanish islands

• if you fancy laid-back island life, you may want to look at property in Canary Islands, Tenerife, Lanzarote

• Was €2,100 psm > now €1,500 psm

Page 7: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Which Country Would Best Suit You:

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If the thought of gelato and freshly made pizzas isn’t enough to lure you to Italy, we’ve got a few other pros we’d

like to point out.

• There are plenty of historical landmarks and gorgeous sites for you to take in

• Italy is fit to bursting with cultural and historical heritage and it’s a truly incredible place to be based

• From €1,973 to €3,500 psm

Page 8: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Which Country Would Best Suit You:

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Warm summers, delicious wine, stretching white beaches and

friendly locals make Portugal one of the most popular expat destinations

• Since 2014 house prices in Portugal have been on the rise, and making a swift recovery at that

• You’ll have plenty of choice for a good price no matter what type of property you’re looking for

• €1,266 per square metre

Page 9: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Which Country Would Best Suit You:

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France has always been a popular destination for many expats, offering

shorter working weeks and more holiday days every year, chateaus and

historical sites to visit• French property prices are

increasing somewhat, so you’re likely to need a bigger budget or be prepared to get a little less for your money.

• If you don’t want to live in Paris but fancy visiting easily on occasion, Bordeaux could be a good bet

• From €3,292 to €4,000 psm

Page 10: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Location Checklist

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- Bars, restaurants- Shops- Beach- Pharmacy and medical facilities - Schools - Gyms and entertainment - Public transport - Airport

Page 11: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

The Essentials

Contract QuestionsDon’t sign any contracts or commit to anything that has any uncertainty in it.Seek SpecialistsMake sure you find experts to help you with your purchase, from solicitors and valuers to architects and surveyors.New Builds and ValuationsIt’s wise to get someone to value your property, even if it’s not very old.

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Page 12: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

House Purchases and Your Exchange Rate

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“It may seem a little daunting amid a big move to have to try and navigate the currency market as well as juggling everything else, especially in 2017 amid a particularly volatile patch of market movement and political change.”

Page 13: Buying Property In Europe? Here’s What Your Money Will Get You And Where

Source: www.expatfocus.com

Bank or Broker? “if you choose to use a reputable Financial Conduct Authority (FCA) approved broker, you’ll be able to receive a much more competitive exchange rate – sometimes up to 4% better –those small differences can add up to big amounts when you transfer your lump sum.”

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Page 14: Buying Property In Europe? Here’s What Your Money Will Get You And Where

ThankYou