Buying property abroad , the Russians too much carelessness in may be faced with unpleasant surprises.
What do you think? say
British couple in 2002, Orams bought in North Cyprus home to the site. All documents, including the right to property, the seller were in order, but some time later, Meletis Apostolidis, Greek descent, sued Nicosia (Cyprus), David and Linda Orams. He argued that the sole legal owner of the purchased site and that the land he lost in 1974 when his family fled from the north of Cyprus after this part of the island occupied by Turkish troops. The court ruled that the Orams to demolish the house to which they are built, and transfer the land back Apostolidisu. A similar decision in October 2005 years passed and the English court, where called Greek. However, the Orams handed appealed and won. However, the European Court of Human Rights in April 2009? First ruled in favor of the Greeks. Even if the court will not performed because the land is under the control of the authorities of the unrecognized Turkish Republic of Northern Cyprus, then it gives the right to seek Greek compensation in British courts. This situation is far from the unit: after the division of Cyprus Turks began to actively sell the land they occupied and property of Greek Cypriots. "If the Greek territory villa cost $ 200 thousand, then a similar house in the Turkish exhibited for $ 70 thousand natural it could not attract buyers. This is not to accuse them of bad faith: customers can easily demonstrate the paper, confirming that it housing is not burdened by any dark spots in the past. But as one can check how reliable this piece of paper? "- says Igor Indriksons, director of overseas property investment company IntermarkSavills. According to him, one of the most active buyers were British. Now after the "precedent Apostolidisa" 6 thousand transactions British citizens, performed by them in North Cyprus, most can be challenged. This is just one of the risks faced by buyers of overseas property with little knowledge of the local market. Lose their property and may buyers of real estate in Abkhazia, where houses and land are tempting cheap: an apartment with sea views can be bought for 700-800 rubles., House - For 1, 2-1, 5 million rubles. True, before many of these objects belonged to Georgia's citizens who also have reason to challenge the transaction. Reduce risk of acquiring "controversial" sites is only one way - to give from their purchase. With poor knowledge of local laws Investors can trap and other troubles. Thus, in some countries (Croatia, Bulgaria, etc.) there are restrictions on the use of the land: that is to buy it can, and build on it anything you want - no. "Sometimes people buy land, and then find out that it is impossible to build homes. If the object is already constructed, then the owner expected not only fines but also the obligation demolish the building ", - experts explain. In addition, in some countries there are restrictions on foreigners buying property. In Croatia, the foreigner can not make a purchase transaction is required for registration of a company in country. Hunger for information or planning a home purchase apartments abroad, the potential buyer runs the risk of overpaying and, in particular in countries where the market is opaque. Of course, we are not talking about the United States, Canada and most European countries. Moreover, there is to know the whole story house or land (previous owners, as is often the object from hand in hand and at what price), one minute is enough. However, rules without exceptions does not happen. For example, in Greece and Italy, the buyer can not find a reliable information on their chosen property. So, buying a house in one of the Mediterranean countries, the buyer risks pay more for it market value. The Russians, whose reputation for rich people, like show high prices. Many real estate companies, recognizing that the object Russian buyer is interested, just put the price up 10%. That not to be mistaken with the price, you should compare dealer price with the cost of for similar objects in the selected region. Another option - to find in the country, where are you going to buy a house or land broker who knows the local market and to help choose the best price-quality option and formalize a deal. In addition to Italy and Greece the same strategy should adhere to Turkey, Egypt, Mexico, Brazil, Albania, Macedonia and Serbia. It markets closed and opaque - yourself an idea of
News by topic:
Previous and next news :