24.10.18

If you buy real estate abroad...


..., do your own research and not only online.

You might think it could be a good moment to buy a nice apartment in Istanbul, because of the terrible drop of the Turkish lira. You start surfing the web (in English), and you end up reading British pages with outrageous prices in pounds. However, if you physically travel to Istanbul and meet local realtors, you can find some great deals, even taking the typical overpayment for being a foreigner into account.

A similar situation happens in Asia, mainly in Thailand.

It is a great idea to buy real estate abroad, but we shouldn’t be lazy and visit the properties in advance and prepare the set up for the future management.