There are many things you should be wary of when purchasing a property in a foreign country and it can be hard to find the right advice, so we thought we would give you a breakdown of our top 3 tips.
- Make sure that you never sign a contract that you don’t understand. If it’s in a foreign language, make sure you sign the translated version after your solicitor has looked over it.
- If you need financial help for the purchase, make sure to have an agreement in principle with your lender.
- Research the location of your property. Check up on its crime statistics online, speak to the neighbours and have a feel for it yourself. Don’t purchase blindly.