Fuerteventura Information for Tourists and Resident Expats

If you are looking to invest in a property why not join the millions of other people who have invested in a property abroad.  When it comes to  investment property Montaña Roja estate agents in Fuerteventura are confident that they can help. 

According to the Office for National Statistics the number of British families with an investment property abroad currently exceeds one million and The Association of British Travel Agents predicts that this figure may actually double in the next seven years so it is plain to see that investment property abroad is working for many.

Finding an estate agent that you are happy with can really ease any stress the process of investing in property abroad can cause, especially if you are buying in an area with which you are not very familiar with and your language skills are not up to it. Montaña Roja are pleased to offer a unique personal overseas property investment service to all their clients, so if you are dreaming of the all year round idyllic holiday-like lifestyle then secure your dream home in the sun and invest in a property abroad.

Investment in property abroad is more than just finding that dream home in the sun, there are many other benefits to this kind of property investment.  When you consider that average house prices in the UK have risen by nearly 100% throughout the nineties and mortgage lenders are actively encouraging the average person to turn their built up equity into real hard cash; that low cost airlines like Ryanair and Easyjet are offering ever cheaper flights opening up cheaper travel to sunnier shores; that poor pension performance has made many people take control of their pension funds to manage personally on buying property abroad; that many young people are turning to overseas property in an attempt to get onto a property ladder as the UK market spirals out of their reach and the lower cost of living in most countries abroad compared to the UK, it is easy to see why more and more people are buying abroad.

 Many countries provide tax benefits for property investors as well as residence visas and assistance and it is reasonable to expect, with the right choices, a considerable return on your investment within a few years but do not become a victim of the overseas property market by failing to do your homework and being a passive purchaser.  For while it is true that many property markets offer an attractive and affordable alternative to the UK property market, there are also many pitfalls waiting for those who are not fully prepared.

Make sure you have a realistic budget as this can often spiral a little out of control, get all necessary in depth surveys done on the property, consider how the planning applications work before you start renovating and then get turned down and have an uninhabitable property on your hands and ensure you know where your property boundaries are so you do not get any nasty surprises and find you do not own what you thought you owned.

With property prices in places like Malaga and Montpellier having soared some 144% over the last 4 years, it is easy to see the benefits of taking the time to find the right property market, the right property and basically the benefits of getting it right. Whether you are investing for profit, a second home or a new residence, with the correct information and a little bit of research you can make an informed choice and invest with confidence abroad. 

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