The most comprehensive guide to property investment in Eastern Europe available. Whether you’re buying a second home or looking to invest, the smart money is heading to Eastern Europe. Plan every aspect of your property investment with this expert guide that walks you step-by-step through the property market in 14 countries and helps you weigh up the rewards and the risks of choosing one location over another. Covering the purchasing procedures, legalities, taxes, economy, culture, lifestyle and business opportunities in each country, property expert Colin Barrow provides insider tips to help you make an informed choice and a wise investment. Colin Barrow has an extensive background in European property and works across a diverse range of related industries. He has researched most international property markets and has first hand experience of buying, building developing and selling over two hundred properties in overseas markets.
Book Details:
- Author: Colin Barrow
- ISBN: 9780470034217
- Year Published: 2006
- Pages: 464
- BISAC: BUS054010, BUSINESS & ECONOMICS/Real Estate / Buying & Selling Homes
About the Book and Topic:
The most comprehensive guide to property investment in Eastern Europe available. Whether you’re buying a second home or looking to invest, the smart money is heading to Eastern Europe. Plan every aspect of your property investment with this expert guide that walks you step-by-step through the property market in 14 countries and helps you weigh up the rewards and the risks of choosing one location over another. Covering the purchasing procedures, legalities, taxes, economy, culture, lifestyle and business opportunities in each country, property expert Colin Barrow provides insider tips to help you make an informed choice and a wise investment. Colin Barrow has an extensive background in European property and works across a diverse range of related industries. He has researched most international property markets and has first hand experience of buying, building developing and selling over two hundred properties in overseas markets.
The viewing figures for TV programmes such as No Going Back support the belief that demand of the proportions anticipated by Saga is not unrealistic. A large number of people both owning, and aspiring to own a house abroad, have their sights firmly fixed on European destinations. France and Spain lead the field with an estimated 1.2 million British homeowners between them. However, the market is now opening up to more exotic locations. The smart money is now heading for locations such as Croatia, Bulgaria and Estonia, where houses not only cost a fraction of the price of those in mainstream markets, but where there is also the likelihood of increases in value as these emerging European markets are further assimilated into the EU. In contrast, house prices in France have only risen modestly, and The Economist, amongst others, considers Spain to be about 60% overvalued. Transaction costs and taxes also vary from country to country. Buying a home abroad is not a decision to be taken lightly, and this guide clearly takes buyers through the factors that will play a part in choosing where to settle.
More than two million Brits now own homes abroad and the number is expected to rise to more than three million by 2008, according to figures from SAGA. Rising property prices, saturated markets and sheer boredom are making more exotic locations, such as Austria, Croatia and Turkey, seem much more attractive to prospective overseas property buyers. In some of these countries, it is possible to buy a good quality holiday home and see change from £20,000. With more options of where to buy, and more factors to consider when buying, prospective buyers know that getting the insider knowledge is vital. The author is an international property investor with personal experience of buying homes abroad.
About the Author
In addition to being head of the Enterprise Group at Cranfield School of Management and a visiting professor at business schools in the USA, Asia, France and Austria, Colin Barrow is a successful international property developer. His books on entrepreneurship and small business are consistent bestsellers particularly Starting a Business for Dummies and have been translated into 15 languages. Colin is a regular contributor to newspapers, periodicals and academic journals such as The Financial Times, The Guardian and Management Today. He is a non-executive director of two venture capital funds, is on the board of several small businesses and serves on a number of Government Task Forces. Colin is based in Cornwall, England.