When buying an overseas property, there are benefits to using an agent during the transaction process. You might then also want to continue using them to manage the property.
Although this will mean an extra cost to come out of your budget, there are benefits to using an agent. These are a few factors to consider:
The property agent’s location
An agent local to the area of your overseas property will be able to do what you can’t without getting on a plane and flying over for regular visits.
You could start by looking for a reputable agency based in the UK that also has an overseas branch. This will allow you to meet with someone in person and ask any questions.
If you decide to let your property as an overseas holiday home, you could also benefit from using an agency that will have knowledge of the British holiday market.
Dealing with language barriers
Using an agent when purchasing and managing an overseas holiday home can come in handy if you don’t speak the local language. Although longterm it would be beneficial to learn some key phrases for when you visit, initially it could help to find someone who can clearly communicate with you and those hired to clean and maintain the property.
Finding an agent from the area who is familiar with local property law can also help you to avoid any legislation pitfalls.
Other products or services provided by the agent
Some agents will help you find a property and then leave the rest to you, while other agents may have more to offer. This can be from setting up a booking system for holidaymakers to organising a full property management package. They may even be able to help you find the right overseas property insurance for your needs.
Some packages will be more expensive than others. However, it’s important to make sure it provides what you need so you might regret compromising only to save a bit of money.
When looking for an agent, you can do your research online and then arrange a video meeting or meet in person to ask any further questions. You can also look for online groups of overseas property owners for recommendations. You might find it useful to hear about the experiences of those who have already found success in what you are about to set out to achieve!