Buying Property Abroad: The biggest pitfall

Living in Ireland the idea of buying a villa in Mexico or Panama seems very appealing indeed. Coming from a country which sees sunshine on average 2 ½ days a year (perhaps slight exaggeration here!) you can imagine why. Continue reading Buying Property Abroad: The biggest pitfall

The Daunting Prospect of Buying a Cheap House in another Country

So you have a bit of money to spend. Perhaps the amount does not allow you to buy a cheap house in your country but you heard from a friend of a friend that you could buy a cheap house or apartment in other country. A country where the sun shines a lot more than at home!

Continue reading The Daunting Prospect of Buying a Cheap House in another Country

Where are the cheapest houses in the world? Find cheap houses for sale.

On which website can one find the cheapest houses for sale in the world? We asked ourselves that very question. For those who are eager to get on the property ladder but only have a small budget searching for bargains can be frustrating specially if they are abroad.

Continue reading Where are the cheapest houses in the world? Find cheap houses for sale.

I need a Schengen Visa to go and buy a property. What is it and where can I apply for it?

The Schengen Visa is a residence permit which allows you to travel to and within the Schengen countries. The Schengen area consists of 26 European countries that have decided to eliminate passport and immigration controls at their borders. Continue reading I need a Schengen Visa to go and buy a property. What is it and where can I apply for it?

How to buy a property in Germany? The buying procedure if you want to purchase real estate in Germany.

Once you found the property you want to buy the actual buying procedure is simple and relatively risk free because the whole process is handled by a German notary.

So the first step would be to find a notary in Germany, preferably one who speaks English if you don’t speak any German. He is acting as an impartial middleman between both parties. Continue reading How to buy a property in Germany? The buying procedure if you want to purchase real estate in Germany.

Are foreigners allowed to buy real estate in Germany? Can Non-EU Citizens buy property in Germany?

The short answer is: YES. Foreign citizens are not subject to restrictions on their rights to purchase real estate in Germany. Even for non-EU-residents are no restrictions buying a property in Germany, everybody with money can get their own house in Germany! Continue reading Are foreigners allowed to buy real estate in Germany? Can Non-EU Citizens buy property in Germany?

Property prices in Germany increased significantly

According to the vdp (Association of German Pfandbrief Banks)the prices for German residential and commercial properties continued to rise in 2015. The vdp property price index rose in comparison to the prior-year by 5% marking another peak.  Continue reading Property prices in Germany increased significantly

Can foreigners buy property in Bulgaria?

Yes, but with some restrictions depending where you come from.

Basically all foreigners can buy property provided it doesn’t come with land.

Since 1st January 2012 EU and EEA citizens are allowed to buy land in Bulgaria, following the expiry of the 5 year prohibition included in the Treaty of Accession of Bulgaria to the EU. Continue reading Can foreigners buy property in Bulgaria?