Owners of property abroad await contingencies

19.12.2010 18:05
About 40% of property buyers abroad are faced with unexpected costs for maintenance and current repair their homes. We are talking primarily about the British, but for Ukrainian consumers, this information will also be useful.

According to Liz Wright, a real estate consultant, people who buy property abroad, are not sufficiently informed about the little things related to the contents of any immovable property. The reason may be poorly executed "homework" or the language barrier.

Most often homeowners forget about the accounts on utilities, heating and a heated swimming pool, writes The Telegraph.

According to Wright, people often do not fully understand what additional costs they will bear, and rely budget purchases based solely on the value of the object.

Wendy Johnson, an employee of the company «Moving to Montpellier», says that in her practice, unforeseen expenses often associated with reconstruction and repair of the purchased item.

Often an unpleasant surprise become a huge heating bill, which encourages homeowners to reinstall the boiler, insulate windows, upgrade insulation - all these procedures are also associated with considerable expenditure. Often with freshly baked homeowners do not realize how expensive many of the services in foreign countries. So, for painting the house will pay about twice more than in the UK.

To minimize the costs associated with the content of foreign real estate, experts recommend the following:

1. Do not pay for repairs to their completion. If possible, this should be done in three phases, the last - after all the work.

2. Do not seek to save money on everything: reworking poor quality of the works will be much more expensive.

3. Make sure that all work performed is warranted, and in the case of large-scale work (for example, when laying the roof covering), it will provide a complete remaking of work, not just correcting deficiencies encountered.

4. Use the services of local experts - they can give advice, it is relevant to the region, as well as recommend a good masters.
www.zagorodna.com
Content tags: Overseas property
Did you like the material?Owners of property abroad await contingenciesSubscribe to our newsletter
Your comments:
Your opinion will be the first. Thank you for reading this article. I wish you happiness! Please share your opinion in the comment below.
 
 
Sign