subject: A few things to bear in mind while considering an overseas property investment [print this page] A few things to bear in mind while considering an overseas property investment
If you are looking to make an investment in overseas property, you are advised to look at a wide property selection before making an overseas property investment. Make sure that the region and the area you have selected for property investment are viable for capital growth. Choose the right project for making the investment.
The most important points to be considered include:
1Location of the site
2Type of properties available
3Site & property layout
4Pricing comparison
5Facilities available on site
6Track record of the developer
Location of the site
Location is the most important thing that should be taken into account before making your overseas property investment. You should ask the following questions:
Are people living in the area around this site?
Is there easy access to main roads?
Is there easy access to regular public transport?
Are there good schools around the area?
Is there a hospital nearby?
Are there employers or companies in the area?
Is there developed area around the site?
Type of properties available
Look for the ideal size of the property, the one which is suitable for single professionals and young families who make up the majority of the market demand.
Site and property layout
Make sure that the plot is having free space for gardens so that the site does not get overcrowded.
Pricing comparison
Ask your property dealer for some discounts on your newly bought property.
Facilities on-site
The presence of facilities offers attractive options for property investment. Facilities include shopping malls, supermarkets, hairdressers, other shops, children's day centre, playgrounds, swimming pools, football field, tennis courts, volleyball, basketball, security, on-site electric shuttle bus, security etc.
The Developer
The builder and developer must have a good reputation in the market. Do not buy from unknown sources.
You should be able to get a good deal while making your overseas property investment.
