Top Tips
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Before buying property abroad ensure that you or your advisors have carried out the necessary ‘Due Diligence’ on the property and the development on which you wish to purchase. In essence, due diligence means that specific research has been carried out. The results of which, are held on file as proof that your investment is safe, has all the necessary permissions and relevant ownership title in place.
All too often we hear of the nightmare stories of individuals buying property abroad without carrying out the necessary checks only to find that in the future they are facing serious problems such as problems with planning permission or contested ownership.
Reece Carrington are here to ensure that you enter into any property transactions fully informed and ensure that all due diligence checks have been carried out.
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Many clients that buy abroad fail to explore the benefits of using Currency Brokers. Whether you are buying in Euros or Dollars, what ever the currency, we strongly recommend that you use the services of a currency brokerage to ensure that you receive the best possible exchange rate. By using this service you can save a significant amount of money.
Reece Carrington can offer a full currency brokerage service ensuring that you get the best possible exchange rate.
- When buying abroad it is important that you get good quality legal advice. Sometimes this can be offered directly from the developer and free of charge. Other times it may be necessary to appoint and Independent Legal Advisor. In any case Reece Carrington are available to assist you in this process.