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What property
to buy in Kefalonia?
If you choose to buy
a new ready built property, you generally know exactly what you are getting but
it can also be the most expensive option as you will pay between 10 to 12 per
cent in property taxes and fees.
However, if you
buy off-plan, you will get both a good price and you also halve the
purchase fees saving yourself about 5 per cent. It is quite usual that you are
able to make some changes to specifications in order that you get exactly what
you want from the start plus you may add optional extras if you wish. The
normal build time quoted is anywhere between 6 and 12 months and this is
dependent on certain factors such as location of land, natural topography,
weather conditions during building etc, not to mention who exactly you speak to as some companies quote more time for building than others.
Many buyers are
now favouring an off-plan purchase since these are often yielding very good
returns on the investment made in a relatively short time, usually without the
need for huge sums of money to be paid up front. Smart investors buying
an off-plan property may be able to sell it on for a good profit even before
they have had to pay the developer the original investment sum.
As well as the
financial considerations, buying off-plan can have other benefits. Buying into
a new development will give you a newly decorated and generally maintenance-free
property. A new development is also likely to be equipped with modern fittings,
to be constructed using the latest methods or materials and ultimately be
cheaper to maintain than an older property. The purchase process is also laid
out and is normally much simpler, there is no need to view numerous properties
and you have no chance of being gazzumped by another buyer.
Although the benefits of buying
off-plan are many, as with all high return investments there are dangers to
avoid. Forward planning and a careful approach are very important when
considering such a venture but with the right knowledge and assistance from
professionals there is no reason why you shouldn't be able to avoid any
pitfalls and enjoy a smooth purchase making a sound financial investment for
the future. Exodus Abroad is a leading property development consultancy in Kefalonia with proven
experience in providing buyers with professional guidance and access to
the following services:
- Excellent quality homes at realistic prices with low fees
- Unrivalled construction quality with full 5 year guarantee
- Inspection trips of 2 - 3 days
- Property is offered with full mortgage approval from major banks
- We offer you peace of mind with a completely secure buying process
For more information, please visit our website http://www.exodusabroad.com
or contact Michelle Jackson on +30 26710 29323 and +30 6942 899701
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