High property prices and hefty deposits meant, for many first-time buyers, putting off the dream of owning their first home. But here is an idea – why not to join forces with a friend or two to get your foot on the property ladder?
That’s exactly what more and more young professionals are doing.
Soaring property prices and stagnant wages meant that just over a quarter of those aged between their mid-twenties and mid-thirties can manage to own their own places. Continue reading Buying a home with a friend
Do you like it Green and quiet or you are rather in the middle of the action?
Suburbs or city center, close to the park or the shopping center: Before choosing to buy a property, you need to choose the right location.
Families are drawn to the outskirts or suburbs
On the outskirts and in suburbs are the typical development areas with charming terraced houses, as well as detached houses of developers. Continue reading Where do you want to live? Suburbs or city center?
Selling a house is not the sort of thing most of us is accustomed to do every day.
How can you know how much to ask for your house?
Is there a way to calculate the asking price?
Whether you’re selling, mortgaging or renewing your home insurance, knowing the value of your home will be the first thing on your to-do list. Continue reading How do I know how much my house is worth?
We are buying, restoring and selling real estate for the last 8 years now. We have two girls, 5 and 3 years old. Going to the DIY shop has been part of the weekly routine all their life. No wonder our girls are full of ideas about having their own little building projects.
Of course they have their own little space in the garden with the traditional sand pit where they can unleash their creativity. I already watched them assembling stones to built ways and building houses for little bugs they collected. Sometimes they use little sticks to pretend they are drilling holes or using it as a screwdriver.
Continue reading Houses for kids – Get your little ones excited about real estate
I was reading an article recently which reviewed a recently published S&P report. It indicated that 3 countries are set to led the price growth in property: Ireland, Portugal, and the Netherlands.
It appears the price growth in these countries is as a result of a shortage in supply.
The report predicts that the top 3 countries will continue to see growth in property prices until at least 2020. For the coming year it predicts growth of 8.5% in both Portugal and Ireland with the Netherlands close behind. Continue reading An Overview of Expected Property Price Growth in Europe
And the winner of the most expensive cities to rent in Europe is…..London!
In a recently published report London topped the list of the most expensive cities. Moscow and Zurich came second and third. At €6,300 per month for a 3-bedroom apartment in a prime area London is over 3 times higher than the European Average.
Continue reading The most expensive cities to rent in Europe
Although the prospects of trying to manage an investment property abroad can be scary with some careful steps the process can work well.
First with regard to the property purchase you need to ensure you have local legal representation. Rather than using Google to find this try to find someone else who, similar to you, has bought investment property abroad and get a reference from them. Continue reading What should I consider when buying an investment property abroad?
Buying a house in the USA could be the first step toward the American dream.
Buying real estate abroad is now common practice for more and more investors and the USA is definitely one of the most sought after places to buy investment properties. Continue reading Buying a house in the USA – A step by step guide
Investment properties are usually bought as a 2-fold purpose: Firstly due to potential rental income and secondly in a hope they will appreciate in value.
First we will have a look at the rental income element and the difference between buying personally or through a business.
Rental income in almost all countries is subject to tax. Rental expenses (including mortgage interest) can of course be deducted but everything left generally incurs a tax burden. Continue reading Should I buy investment properties personally or through my company?
Buying a house in Portugal:
Portugal is one of the favorite locations to move abroad.
It’s no wonder that it is the first choice for many when looking to buy a home to relocate or to spend their holidays.
If you have your eye on that nice cottage with sea view in sunny Portugal, then you are in the right place.
Here is a step by step guide to take you through the entire process when buying a house in Portugal.
Continue reading Buying a house in Portugal – A step by step guide