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Property abroad: how to spend money?

For quite a long time, many Ukrainians are closely looking at foreign real estate. And they are not only looking, but also actively buying apartments, houses.

Moreover, each pursues his own goal – one wants to spend his personal free time there, and for the other it is another commercial step towards the growth of real estate prices. Both in the first and in the second case, the acquisition gives its positive results.

So, it is much cheaper and more pleasant to have a rest in your own comfortable country houses abroad than to travel by tour as you know where and how. For the money that will need to be spent on a hotel, in your house or apartment you can chic the entire season, if only your vacation allows it. It is for this simple reason that many Ukrainians now acquire housing abroad, sometimes additionally also receiving a residence permit under a simplified scheme.

If we talk about the commercial component of buying property abroad, then its price, despite inflation, continues to grow tirelessly, of course, not as active as before, but still …

Also relevant is the purchase of housing in the resort regions with the subsequent lease of it, and also the acquisition of real estate in fast-growing countries (Brazil, India, China, South Africa), in which its value rises almost astronomically.

Before making a final decision on the purchase of overseas property, you should pay attention to the fact that the key to a successful transaction and your financial security is the right choice of the company supporting this transaction. Therefore, the first thing you need a hundred times to double-check, so as not to be in the hands of fraudsters. And a few more words about the other side of the coin.

So, you have purchased a home and must remember that it will require monthly maintenance costs (payment of a communal flat, security, etc.). In addition, renting is not a stable and not year-round concept, so that in certain seasons you can suffer losses not only because of a lack of clients, but also because of the whims of nature (storm, hurricane, typhoon, which can destroy housing).

If you have purchased a house on the seashore and are going to relax there yourself, then you may be completely surprised by crowds of noisy tourists, nearby are located round-the-clock bars, cafes discos and so on. In such endless turmoil, you can only dream of peace.

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