Ethics and property investors haven’t historically always gone together. In general property professionals have a bad reputation. It doesn’t matter if you are an estate agent, property investor, property developer or even a builder, plumber or an electrician. Historically the image of property professionals has been severely tainted by the few (or sometimes many) rogues.
The process of buying properties for sale in Florida is similar to the stages in buying a home in the UK. The pitfalls are also similar. It is important not to over-stretch yourself financially, and to ensure that you can afford the deposit and subsequent mortgage. Having said that, we have been amazed at how efficient the builders, pool companies, furniture dealers and mortgage providers are at making it all happen in a short space of time. In our experience, most are keen to help.
Waiting until everything is perfect is a trait that many people have. In theory this sounds like a good trait in that you want things to be just right, however in practice this is a fatal flaw.
When you convert a building that was not originally designed as a home so that it can be put to domestic use, there is a chance that you will be able to get back the VAT on some building materials and/or conversion services used.
For those, who always had a dream to own property abroad, Dubai offers the best investment opportunities in its real estate sector at the moment.