19-08-2021, 09:27 AM
Foreign properties have a lot of risk. It is preferred to pay full cash. Sometimes, the developers can provide the loans within a period. But the loan period can end before the property is handed over. If they are kind, they will drag to the handover time.
Most countries treat foreigners and locals differently. The loan periods for foreigners are shorter and the interest rates can be higher except for country like UK which attracts foreigners. Sometimes operating of the bank account can also be a problem. As you are away, you will need a local to manage it. It is not easy.
Resale will be straight forward.
Most countries treat foreigners and locals differently. The loan periods for foreigners are shorter and the interest rates can be higher except for country like UK which attracts foreigners. Sometimes operating of the bank account can also be a problem. As you are away, you will need a local to manage it. It is not easy.
Resale will be straight forward.