Find your legal and financial footing with J&JA overseas properties

At J&JA we help you with financial and legal matters all the way when buying abroad.

Negotiation advice

Many people buying property overseas believe that whatever sale agreements or property investment payment terms are proposed, are set in stone. This is not true.

At J&JA Overseas Properties we ask you to remember that your contract terms and payment schedules are all open to negotiation. Similarly, you are not required to sign anything until you are happy with the whole overseas property investment package.

Use an independent lawyer for overseas property legal information

We cannot stress enough the importance of using the services of an independent lawyer when purchasing overseas properties. When parting with serious amounts of money, a one off legal fee is a small amount for added peace of mind.

Although J&JA Overseas Properties ensures that thorough due diligence is conducted on all the developments they promote, you enter into a legally binding agreement with the developer you buy from. This contract should be prepared by a lawyer who has no interests with the developer or development and include all the relevant clauses to protect your interests.

Remember different countries have different legal systems

Although your contract may be in English, much of the accompanying documentation and procedure will be in the local language. Bear this is mind as there is a strong chance you will require the services of a local lawyer. Your lawyer will also conduct a full search on existing title.

J&JA Overseas Properties do not receive clients' funds. We strongly suggest that you send payments for your overseas property investment to your lawyer. Your lawyer will pay developers according to your contract, at the appropriate time and when they are in receipt of the necessary evidence that the relevant work has been completed.

Do not under any circumstances send your payments to an agent or developer directly.

Looking for a lawyer? At J&JA we can help

We provide you with the contact details of lawyers, all of whom are practising Members and listed in their country’s or area’s Bar Associations. Naturally we can also let you have the contact details of clients who have used their services to make your decision easier.

Financing your overseas property

There are a number of options from which to choose to finance your overseas property.

You may wish to re-mortgage your principal home. You may wish to use your savings, and simply follow your chosen developer's payment scheme. We help you find the best way.

The developers with whom J&JA work offer attractive payment terms. None of these are set in stone and can be geared towards an acceptable plan to fit your financial situation. As a rule, payments are spread over the construction period, starting with a deposit, and ending with a payment on delivery.

If you are looking to raise finance to pay for your overseas property, then depending on the country you may obtain this from a local bank. Lending rates and terms are generally less expensive and clearer and the system more efficient in EU member countries. However, a number of banks in the UAE are now lending on developments in the region offering competitive terms.

Some developers offer their own finance schemes, but generally you will find their interest rates more expensive than those of a bank.

Financing packages are specific to each individual and we discuss all options with you personally, to arrive at a suitable solution.

Call us on 00359 (0) 2 851 0497 or contact us online to find out more about investing in properties abroad.