How to buy real estate in another country

2007-07-13

 
Posted by Picasa

Labels: ,


2007-03-29

 

Real estate in Cambodia

Cambodia is an interesting country with preserved monuments of culture and local attractions, the land with a rich history and the diversity of cultures and traditions, unusual for a country so small, and the acquisition of real estate in Cambodia foreign nationals very prevalent. Most real estate in Cambodia prefer to buy young couples. The number of young families who have their own accommodation in Cambodia, in 2005, increased by 0.6% compared to 2003.
By area real estate in Cambodia is divided into an infinite number of options. Want to buy a home measuring 200 square m. , no problem. Need villa on the shore of the sea, covering 350 to 400 square metres. m. options abound. The owner of real estate in Cambodia can be as a resident or non-resident, that is, an organization registered in the territory of another State or an individual who is a foreign national. Restrictions on the acquisition of real estate in Cambodia residents not Sushchestvet.priobrest real estate in Thailand foreigners now will be difficult. It is not a question of any bans on the purchase of foreign real estate living in condominiums.
Formally, as in the past, any foreigner can buy an apartment and put it in her own name. That is only the process of purchasing cost purchaser 30% more expensive. The fact is that under Thai law for the purchase of real estate, any foreigner to be targeted transfers of funds from a foreign bank in the Thai bank in the United States currency, and only after the transaction is finalized prompted by the authorities.
At the same time, recent measures imposed by the Central Bank of Thailand, the mandatory deposit for a period of 12 months, the money of foreign nationals in Thai banks. Thus, in order to buy an apartment, a foreign buyer will have to be translated into 30% more money than necessary to buy and wait for a year until, finally, will be remaining in the account for the money

Labels: , ,


 

Real estate in Italy

Acquisition of property right of aliens to acquire real estate, whether land or buildings, in Italy, there are no restrictions. The only difficulty which may have Russians here is a mortgage because fellow Italian banks were reluctant to lend. Otherwise all formalized and in a civilized manner.
For registration of the transaction required to have an identity card and the code taxpayer (dopo fiscale). Get the plastic card is a foreigner with no problems at the Ministry of Finance on the basis of a certificate of the consular service department. There are three stages of the acquisition of real estate in the Italian foreign nationals : 1) PROPOSTA IRREVOCABILE D'ACQUISTO. Irrevocable proposal for a transaction. After price, and other questions about the purchase of real estate or a negotiated between buyer and seller, the agent for the property shall send a written irrevocable proposal for a transaction the seller.
Oral buyer to acquire a property is not sufficient for the seller. Therefore, at this stage, the buyer must pay a deposit (from $ 2.600 to $ 8.000), confirming the seriousness of the buyer. Deposit also guarantees the buyer that the seller will not negotiate for the sale of the property to a third party.
The amount of the deposit shall be credited to the price of purchase. By signing Proposta Irrevocable d'Acquisto, both sides are legally required to sign Contratto Preliminare or otherwise Compromesso (preliminary contract). 2) COMPROMESSO (preliminary contract). After signing up public preliminary contract the buyer is legally obligated to buy the land in question.
A preliminary contract is a standard Italian contract with the description of real estate, its structure (as recorded in Nuovo Catasto Edilizio Urbano-Register Real Estate). The contract gives the seller a guarantee that the property is burdened by the financial and legal obligations (debt). The seller also assumes full responsibility (terms may vary depending on the contract) for the real estate sales. NOTARY PUBLIC representing the district in which the property is located, is a historical overview of the local Real Estate Register, which provides a legal description of real estate, its legal status status, and the entire legal history of real estate over the past 20 years. Preliminary contract prescribe official value of the real estate and a further payment dates. At the time of the signing of the contract, the buyer pays 30% of the price of real estate, the balance payable in accordance with the contract terms.
The amount paid to the notary. Deposit or Caparra made at the time of signing the contract, a guarantee of the transaction to both buyer and seller. In the event that the buyer would not be able to fulfil the conditions of the contract, he loses paid. If the seller decides after the signing of the preliminary contract to stop the transaction, for whatever reason, he would be obliged to pay the deposit to the buyer at a double rate for failure to comply with terms of the contract. At this stage, is the major work of real estate. Real Estate Agencies receive approximately 3-5% + VAT of the real estate price from the buyer. 3) FINAL CONTRACT (final contract).
After 1-3 months after the signing of the preliminary contract (exact date specified in the preliminary contract), the seller and the buyer will sign a final contract. At this stage, the buyer transferred the final payment and the right to property is transferred buyer.

Labels: , ,


 

Real estate in Spain

Have you ever noticed that buy real estate abroad, for example, the house on the seashore. Tempting idea, is not it? And it can become a reality! Recently, the purchase of real estate abroad has become very popular. Especially prized overseas property in the European country with a high standard of living. One reason for this popularity is the economic stability of the countries of the European Union.
It should be noted that, to date, the real estate abroad is a very good investment, because its value has been growing every year. The foreign real estate will also bring you income, if you decide to lease it. Real estate abroad is a very useful and beneficial manner.
It goes without saying that an important criterion in choosing housing is its location. In Europe country with the soft and good health climate Spain. At the world famous Mediterranean coast of Spain, the Costa Blanca. The nature of the area struck by the diversity and beauty. Here you can see the mountains and palm groves. On average, Costa Blanca meteorologists have 320 sunny days a year, the beach season here lasts almost all year round.
This explains the popularity of real estate in Spain. To these gains can be added, however, that here you do not have to touch a lot of money for food and health services. It is noteworthy friendly Spaniards and their loyalty to the foreigners. This is important, especially if you want to live in this country permanently. The real estate market the Mediterranean coast of Spain, in fact, was the most favoured venue in Europe, if not permanently, then at least for its cottages, or homes for a vacation. Of course, there is an effect on the value of land and real estate. In recent years it has been steadily increasing and is likely to escalating scale of international investment, the growth is not an end in sight.
Active financing infrastructure services, recreation and entertainment predicts Spanish coast sustained popularity in the future. Spain albeit small, but surprisingly diverse climatic indicators country : hot south prohladno-dozdlivy north. This is the second, after Switzerland, a mountainous country in Europe. Credizemnomorskoe coast of Spain is divided into 12 different zones, called "Costa" from the famed Costa Brava, on the border with France, and has just opened for Russian tourists Bank Costa de la Luz, which is opposite Africa.
While housing has unprecedented proportions everywhere on the coast most popular three regions. Priority Costa Blanca on the attractiveness of the doubt. This coast love all, as Spaniards or foreigners. The main reason is a unique environment : not hot in the summer and cold in the winter; Second-attractive real estate prices; Third-network traffic. Fourth, a clean environment, we did not have industrial and hazardous jobs. There are all conditions for successful business. Modern means of communication, information support from the State plus open borders, which is an attractive factor for entrepreneurs. Living and working in Spain is a good and profitable. In turn, many Europeans retirement age opt for permanent residence Spain, mainly due to the favorable climate, affordable prices and the possibility of year-round to enjoy the beautiful Mediterranean diet.
Factors affecting prices • High growth. Increase in GDP.
• The inflation rate of approximately 3%. Increase in employment population in 1995 to 22%. Increase in income from 1995 to 62%.
• Reducing the interest rate on a mortgage loan from 11% in 1995 to 4.2% - 4.75% in 2006.
• High demand for real estate : annually Europeans bought more than 25,385 homes for a total of $ 7.2 billion euros.
• Low interest rates in Europe.
• Legal restrictions on construction in certain areas, particularly in the coastal areas of Mediterranean.

Labels: , ,


This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]