Leading Expat Network Throws a Lifeline for Expats, Overseas Home Owners and International Real Estate Agencies
AngloINFO Property aims to ease the stresses of finding a home overseas by providing expats with the properties they want and the information they need.
(firmenpresse) - It may be the ultimate dream for many people but buying property overseas can be fraught with stressful uncertainties and financial risk. Unless buyers do their homework into the house-buying process and the property laws of the country they are buying in, a dream property purchase can quickly turn into a financial and legal nightmare.
Memories of the recent housing market crash in Europe and beyond has left potential buyers anxious about committing to overseas purchases, however, the tide is turning. Global estate agent Knight Frank''s Global House Price Index shows a rise for eight consecutive quarters up to June 2014. This upturn, combined with still very affordable prices in desirable locations, presents an enticing opportunity for would-be expats and second-home owners, like Lucy Culpepper, a global expat, in the process of buying a holiday let on the Costa de la Luz: "There are some really good deals in Spain. Some parts of the country are starting to recover from the crisis but prices haven''t finished dropping in some areas, particularly along the coast, so you''ve got to be careful."
While the current climate sees bargains being snapped up in places hard-hit by the recession, in other expat destinations the problem is the opposite with inflated prices soaring even higher. Timing is everything in the overseas property market, as Kieran Campbell (36), a UK expat living in Australia, knows only too well: "Prices in my suburb of Perth have gone up over 10% in the last 2 years and it doesn’t seem like its slowing down. Properties are rarely on the market for more than a few weeks. I should have bought a year or two ago!"
Renting property overseas can pose a lower-risk alternative to buying, but as British expat Alex Catlin (40) found out, renting abroad can involve a considerable initial outlay for which it is essential expats plan: "When I lived in Japan, there were lots of taxes and charges on property that I didn’t know about. Signing a rental contract involves paying the equivalent of six months’ rent in advance in deposits and various charges. That really hurt as rental prices are so much higher in Tokyo than at home."
With rental prices in key expat cities such as Dubai and Tokyo rocketing by as much as 3 or 4% in the first quarter of 2014, according to estate agency Knight Frank’s Global Rental Index, there is a greater need than ever for expats to have access to efficient rental property searches and up-to-date information about international rental practices.
For the past 14 years, AngloINFO has been helping expats and overseas homeowners buy and rent property by providing property classifieds in specific expat destinations and information on local processes. AngloINFO has now launched a powerful new property search tool, AngloINFO Property, which allows expat buyers and renters to search hundreds of thousands of overseas properties. Alongside this, expats can read comprehensive and reliable information on buying and renting homes, access directories of property specialists to cater for all their buying, property care and home-making needs and gain invaluable advice from other expats in AngloINFO’s community all over the world.
Hamburg is a growing city with a thriving expat population which includes international corporate managers, scientists, IT experts, students, businesses and tradespeople from all industries, students and freelancers. They all need a place to live. AngloINFO Hamburg is where 20,000 English-speaking expats already come to find information related to moving and setting up home. And this is where they find AngloINFO Property. Together with local estate agency partners, AngloINFO Property will become the leading English-language property service in the north of Germany, offering a wide range of rentals and properties for sale.
AngloINFO’s CEO, Iain Aitken, emphasises: “For us, AngloINFO Property is the logical step. For years, we have been working closely with big international real estate players, and we know the expat property markets like no other company. We are now investing in the newest technology to enable our users to the best user experience when looking for a home, and to open up the market for international prospects.”
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Unternehmensinformation / Kurzprofil:
About AngloINFO:
AngloINFO is a global network of information and community websites for expats. Established in 2000, it is an essential resource for expats and people planning to move, work or invest abroad. It has a presence in 90 regions and covers more than 40 countries in 5 continents.
AngloINFO Property is a one-stop property shop for expats, overseas homeowners and estate agencies. Prospective renters and buyers can search and view hundreds of thousands of properties all over the world, using features like Google Street View, Google Maps displaying local amenities and property match email alerts to find their dream property. What’s more, AngloINFO’s comprehensive and reliable Information Pages, which cover topics including property purchasing and renting, property tax laws and residency rules, help expats cut through the “red-tape” challenges of buying or renting property in a foreign country. Expats can also access listings for local property professionals from property lawyers and mortgage providers to interior designers and landscape gardeners in AngloINFO’s Business Directory, and get advice from other expats the friendly AngloINFO Discussions community.
Combining the latest technology with solid information, AngloINFO a very cost effective way for property owners, landlords and estate agents to advertise their property to a worldwide market.
For more information about AngloINFO Property, or to arrange an interview with AngloINFO’s CEO, Iain Aitken, please contact:
Siobhan Neiland
Editorial Director
editor(at)angloinfo.com
+44 (0) 1491 836394 (office)
Datum: 07.11.2014 - 03:57 Uhr
Sprache: Deutsch
News-ID 1316565
Anzahl Zeichen: 0
contact information:
Contact person: Birgit Wahrenburg-Jähnke
Town:
Hamburg
Phone: 040 23 93 36 18
Kategorie:
Real Estate & Construction
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