Is it worth buying a property abroad?

General › Buying, Moving, Owning & Living Overseas › Is it worth buying a property abroad?

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  • 22/09/2022 at 5:44 PM #122285
    Shanaya

      Hi All,

      Thanks to an inheritence, I have a chunk of money to invest. I’ve read about great rental returns on an overseas property, with the ability to use the property occassionly for personal use. But is it really worth buying a property abroad?

      Shana

      28/10/2022 at 8:34 AM #125433
      Flashyzool

        Hello Shana,

        The answer is yes, but it depends…on how you intend to use the property and where you invest.

        If you are willing to put in the effort there are plenty of opportunities to invest in property overseas with good rental income and capital growth. But you have to do your homework, complications of the property being in another country, working in another language, tax implications etc. This is generally what puts people off.

        And you have the added benefit of a holiday home you can use for yourself

        I hope this helps

        Zool

         

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