Overseas Investments!
Even though numerous investment options are available in the national market; Indians are now exploring a shift in their investment preferences to international properties. The recent trends show that the volume of cross border investments is only increasing! So what makes Indians diversify their portfolio? Are you too intending to make an investment in overseas properties?
Be it attractive rental yields, excellent capital appreciation, liberal government policies; there is an inevitable fear of making the incorrect choice!
Which is why with Krypton’s market experts, you can breathe easy ! As a starting point we have compiled a beginner’s guide on buying overseas real estate.
Do have a quick view so you can make informed decisions regarding International Real Estate Investments!
- Work with an experienced consultant and get assistance right from the property identification and valuation, to property leasing, rent collection, property maintenance and other property related concerns.
- Visit the property at both times: the best season and the off-season. You do not want to be surprised by the inches of snow in winters after finding the perfect place in windy autumns!
- Mature countries apart, there are countries where development gets delayed and property ownership remains disputed. Ensure the hand-over and possession terms are crystal clear. And hence it is very important to work with the right and knowledgeable consultant who assists in the process.
- Opt for a trusted property broker that is located in your home country so you can hold them accountable if need arises.
- Make smarter investment decisions i.e. strike the deal when the currency rates are in your favor and get the best prices.
- Verify if you’re eligible to visit the country in terms of Visa, residential status, frequency of visits and such other aspects.
- Several countries allow you to purchase under-development properties and make payment over a couple of years. If you are looking to park a small investment amount overseas then check out these properties and enjoy the benefit of prolonged payments: UAE, Malaysia, UK, Australia.
- If you are seeking an investment opportunity then do some thorough market research like what was the rental growth in the recent past, what do the experts estimate growth to be rather than believing what is said to you. Or you can hire trusted market experts that can help you with the same and so much more.
- Language can be a barrier and can prove to be a costly one as well and hence our experts recommend that you convert each legal document and sign them only after you understand the legal terms and conditions.
- Last but not the least; consult people who have already purchased a property in the same region or are foreigners who have migrated there.
If all these steps seem crucial to you but are too much of efforts; consult Krypton’s expert and get the best deal and easiest transaction done!
Purchasing Overseas real estate could not be any smoother!
