Getting Your Bricks in a Row - Buying, Renovating & Beyond
Buying and renovating a property abroad is an exciting adventure, but to make it a success, you need to get your bricks in a row before jumping in! Whether you’re dreaming of a sun-soaked villa, a countryside retreat, or a city apartment, following Laura's A-B-R-O-A-D approach will help keep you on track.
A – Area
Location is everything! Whether you’re looking for a bustling coastal town, a peaceful countryside escape, or a vibrant city , research is key. Consider climate, local amenities, transport links, and potential rental demand if you’re planning to let it out. Visit the area at different times of the year to really get a feel for it before making a decision.
B – Budget
It’s easy to get carried away with stunning properties, but sticking to your budget is crucial. Factor in legal fees, taxes, renovation costs, and any unexpected expenses , because there will always be a few! If you’re renovating, get quotes from trusted local contractors before committing to ensure your project remains financially viable.
R – Reason
Ask yourself - Why am I doing this? Are you buying for investment, lifestyle, retirement, or rental income? Your reason will shape every decision, from location to renovation choices, so be clear on your purpose from the start.
O – Objective
Your objective is your roadmap. Do you want a turnkey home ready to move into, a renovation project to add value, or a business opportunity like a holiday rental? Define your end goal early on to make smart, informed choices that align with your vision.
A – Allies
Buying and renovating abroad isn’t something to do alone! You’ll need a strong team of local experts , including a reputable estate agent, lawyer, architect, and builder. Having the right allies will save you time, money, and potential headaches , ensuring everything runs smoothly.
D – Desire
Finally, the most important part - your passion for the project! Buying and renovating abroad comes with challenges, but if you stay focused on your dream and put in the groundwork, it can be one of the most rewarding experiences of your life.
By 'Getting your Bricks in a Row' , focusing on Area, Budget, Reason, Objective, Allies, and Desire , you’ll be setting yourself up for a successful and stress-free experience. Do your research, surround yourself with the right people, and most importantly, enjoy the journey!
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