3 important contacts when buying property overseas
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Written by Christopher Nye

29th December 2023

Congratulations on your decision to embark on the journey of buying property overseas! At Your Overseas Home, we understand that this is an exciting prospect, but can be challenging at times – that’s what we’re here for!

Navigating buying property overseas, especially if it has a foreign language and currency, can be made significantly smoother with the right people on your team. We at Your Overseas Home recommend making THREE essential connections to ensure a safe and secure overseas property purchase. Let us introduce you to them…

Estate Agent

Just like when buying a property in the UK, an estate agent will likely be your first point of contact when buying property overseas. Your estate agent will serve as your guide and expert in your chosen property market abroad. Their in-depth knowledge and understanding of the local property market are invaluable, particularly if you’re unsure about where to buy. Their goal is to help you find your ideal home overseas, so feel free to bounce ideas off them and ask for their input if you’re unsure.

Find the estate agent for you today

 

Currency Specialist

Not sure what a currency specialist is? Well, unlike your regular bank, a currency specialist is an expert in foreign exchange and has a better understanding of the exchange market’s daily fluctuations. For instance, Smart Currency Exchange, a partner of Your Overseas Home is dedicated to assisting individuals like you in buying property overseas. They are well-equipped to advise you on budgeting and offer the best currency services that align with your needs.

A popular service among overseas property buyers is a Forward Contract. This legal agreement allows you to secure a favourable exchange rate for up to a year, shielding you from potential adverse fluctuations in the exchange rate.

Get your currency specialist today

 

Overseas Lawyer

Legal proceedings when buying property overseas often occur in a foreign language, which is where an English-speaking overseas lawyer comes in handy. Most law firms have English-speaking solicitors who can guide you through contracts in a foreign language, ensuring you fully understand what you’re signing. Lawyers can also assist with securing visas, and residency, and handling any property law issues.

Get expert legal advice 

Where can you find these experts?

Right here, of course! It’s our job to match your requirements with our database of trusted partners who are tried and tested. We are in touch with a range of partners in France, Spain, Cyprus, Portugal, Greece and Italy in real estate, law, tax and finance, visas and residency, removals, healthcare, insurance and more.

 

Get your “A team” together!

To connect with an overseas estate agent, currency specialist, or lawyer, simply fill out this short form and let us know what services you require. Then, one of our experienced property consultants from Your Overseas Home will give you a call.

We wish you the best of luck on your overseas property-buying adventure!

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