Get on the Property Ladder Abroad

Property Investment? – Second Home? – Holiday Home? - Relocation? - Retirement? BROWSE OUR SELECTION OF PROPERTIES ABROAD... Whether you're looking for a property investment, second home or holiday home, relocation, or a property where you can enjoy your retirement, Property Ladder Abroad can guide you through the maze.  This Months Hot Property Sol Vista III, Sunny Beach, Black Sea, Bulgaria Prices start below £100,000.  This is the third of a chain of residential complexes of great character from the same developer in Sunny Beach. Call us on 0208 224 9381 for details. More info... Green Horizons Property Ladder Abroad brings you a worldwide portfolio of properties built with regard to the environment and global warming. Look for the ‘Green World in Your Hands’ Symbol.  CLICK HERE for more information.  Buy with Confidence Extensive checks are carried out on behalf of our buyers on all overseas properties.

HOW TO BUY PROPERTY ABROAD Step 1 - Get Ready Search for places and properties that excite you and fit your requirements using our ‘Search Properties’ directory.  Places that are money-making opportunities or places for pleasure – or both! Set Your Budget and allow for: Ready Funds to pay for the Inspection Trip and  Reservation Fee. The Inspection Trip costs will be for the flight, accommodation and spending money. We can make the travel arrangements for you. The Reservation Fee. A holding deposit to secure a property is usually between £2,000 and £5,000 depending on the property.  Often people pay this ‘on a card’. Plan Ahead Financially: First Stage Payment 30% in 30 Days Buying a new-build property abroad is done in pre-set stages.  You’ll be told what these payments are and when they are due, but as a rule of thumb, after the Reservation Fee is paid, you’ll have at least 30 days to agree and sign the purchase contract and pay the ‘First Stage’ payment.    This is may vary by developer, but deposit payment is 30% of the purchase price. As the 30% is needed at an early stage, this money should be ‘liquid’ and readily available to meet the first payment.  Often people re-mortgage their UK residence to release equity to cover this cost. Completion Payment The final 70% Once again, this may vary by developer, but the final balance, in this example 70%, is paid when the construction phase has been completed.  Mortgage Funding Overseas mortgages can be arranged for the final 70% and perhaps even more to cover your initial outlays.  Mortgages can be obtained from UK banks or lenders within the country you’re buying or direct from the developer, who often have their own funding arrangements. Step 2 - Go! :  Arrange an Inspection Trip Property Ladder Abroad will arrange the flight and accommodation.  It’s so important to visit the area and get a feel for the place and its surroundings. We’ll also help you prepare for the short trip so you’ll know what to expect. Trip Checklist – Things You Should do. Visit the development/s to see the choice on offer. Discuss money matters with independent financial/mortgage advisors. Meet the independent legal advisors of your choice to understand the legal process. Ask for information on opportunities to Rent your property to contribute to running costs. Don’t forget to take some spending money and a camera to capture your property visits. Call us to help you on 0208 224 9381 Email: sales@propertyladderabroad.com