Once you have your reason for buying, the next stage is to decide when you want to begin the process of buying your property.

You may be eager to complete the whole process as soon as possible so that you can start using your property now, in which case, choose one with a short build time, or even a resale...

More information can be found here, choose from: Off plan or Resale

It may be that due to personal circumstances, you want to place a small deposit on your property now, then pay either in stages or pay the remainder through a mortgage on completion which may be a couple of years down the line.

Of course, as property does tend to increase in price constantly, the sooner you can commit to buying, the better price you will achieve, and the more you will be able to afford for your available funds.

Even if you're not ready to commit to purchasing property just yet, give us a call, email our team, or sign up for our , let us know what your thoughts are, when you're thinking of purchasing property and what you're interested in.

We'll keep you updated with our current properties and areas of interest to you, so you are fully armed with all the information you need when it comes time to make a decision. We promise, there will be aabsolutely no pressure from us. We never hound our clients or force them into reserving anything. We know that this is your decision, and that you have to be 100% happy with your choice. All we will do is provide you with the options. For this reason, we do not have salespeople at Circle Earth.

All properties recommended by Circle Easth are good investments and ethical choices. We are very particular about the properties we will put onto our website, and we reject about 90% of all opportunities which are shown to us, to ensure our clients only have to choose from the best of the best.

Off Plan:

Off Plan: properties are those which are being sold in the majority of instances, before they have been built. They are generally being sold through agents, such as ourselves, by the builders themselves. Completion time can be anywhere up to 3 years in some cases, depending on the current stage of build.

Off-plan properties are brand new, and in some cases can be tailored to your specific requirements, you may be able to choose kitchens, tiles, paint colours etc. As usually a deposit would be required at contract stage (following a small reservation deposit) and then nothing would need to paid until completion, when a mortgage can usually be arranged for the rest of the build cost so that only the completion costs would need to be paid for. When buying an off-plan property with a build time of over 12 months, there is ample time for the property to increase in value, before it is even built. This tends to be the most popular choice for those wishing to see an increase in their investment. Many people even choose to sell their property on, prior to completion, to release their profit before further costs are incurred (this is not always possible, depending on the contract)

On off-plan developments, builders usually offer a pre-launch price, which may be available before they even have permission to build. This low price is offered as an incentive into committing to buy, and is an opportunity that many investors look for. If permission is for some reason not granted, then of course, a full refund would be provided by the builder. When permission is granted, the builder will generally increase the prices of his available properties, and may continue to do this at differing stages throughout the build. Once the build is finished and the properties are valued by the bank, they will generally increase yet again, for any that may be left, but this also means, if you bought early in the build, that your investment has increased significantly. It is in these cases that you can often make a large profit on sale.

Resale:

Resale: properties, are those that have been owned before, they are built and generally ready to move into straight away.

As with an off-plan property, prior to completion a survey of the property is essential, just as it would be in the UK. Also, in many countries, a check for debts on the property itself, as in many European countries, it is the property that carries the debt, not the person. It is absolutely essential to instruct a good independent lawyer, preferably one who speaks both your language and that of the country of purchase.

The completion time on a resale property can be anything from 6 weeks to 3 months, depending on whether a mortgage is required and what paperwork the bank request for this, also how quickly the lawyers can arrange for everything to be drawn up.

The process can be much the same as it is in England, although if using a lawyer local to the property, it may be possible to provide a Power of Attorney to them, which gives them permission to act on your behalf in the purchase. This would enable them to open a bank account for you, to arrange a mortgage, if required, and to sign the deeds on completion. Basically allow your lawyer to do everything necessary to enable you to own the property, without you actually having to travel to the country in question.

This option of providing Power of Attorney is strongly recommended whichever type of property you choose, be it resale or off-plan, as there are many things which need to be done throughout the purchase of a property abroad, and it can save a lot of time and money in the long run from you having to travel out every time something needs to be done or signed. Depending on the country you have decided upon, there may be a language barrier, and providing power of attorney to a local lawyer may be the only option..