Buying foreign property

While we are in the midst of a financial crisis in Europe it may seem a strange time to be advocating the purchase of European properties. But for financially secure Australians, and Australian expatriates, there has probably never been a better time in terms of property prices and currencies, both GBP and Euro, to contemplate buying in Europe. Arranging finance can be difficult, but it is not impossible and rates are very competitive.

Other parts of the world, most particularly Asia, still remain places where you need cash. Our sister website, Exfin, offers more detail on this subject, but suffice to say we are optimistic supporters of Australians purchasing overseas - both for financial gain and because, as beautiful as Australia is, there is more to the world.

You do need to do however with your eyes open - you can get into all sorts of trouble buying property on a whim, have viewed it on a beautiful summer's day in Europe. Finance can't be taken as a given, and you need to consider both your tax position and the legalities. If you haven't got time to do this yourself - and buying "sight unseen" from a website is a total no-no - then appoint a professional to help you select and purchase the property. Provided below are an indication of current interest rates applying in each of the countries.

Clicking on the maps below will take you to Exfin and more details regarding the purchase of the property in the United  Kingdom, France and Italy.

United Kingdom	France	Italy

  Complete an Inquiry Form