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Buying a property abroad EU

I am thinking of buying a property in Prague before the Euro takes over, how does on go about such a thing, do I get a mortgage form this country? I know that I will need to pay a fee to a property agent over there to look after and rent the property out. Is

Comments

  • grebbo
    grebbo Posts: 68 Forumite
    Research, research and more research!

    Check out the company you're buying from - make sure you trust them. I work for a company that sells overseas investment property. PM me if have any questions or would like our web address.

    A country joining the euro wont automatically increase the value of a property.
  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    from what Ive heard Prague is pretty "over". I saw it on some place in the sun a while ago and amanda lamb was saying along the lines of "prices have risen sharply here as buyer are wanting to take advantage of the EU membership"." there are not the bargains there once were, but moving out of prague into the countryside you can still get bla blah" .

    I dont know what that means but if shes/the purchasers selling flats for 95k which if I remember rightly she was, then....
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
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