The best time of the year to sell your house

Does it matter when do you put your house for sale? Actually yes.

Property sales vary along the year usually peaking during June, July and August.

The same way birds nest during spring time it seems we are more likely to think about finding a home as days get longer and daffodils start to bloom.

Quoting Leo Tolstoy – “Spring is the time of plans and projects”.

Continue reading The best time of the year to sell your house

Moving back with the parents to save up for a deposit

There is really no way around it, if you are planning to buy a home you will need to have enough for a 10% deposit.

The way things go, you will need to save at least 20k to 30k before you can dream of getting a place you can call your own.

Now the tricky part, unless you have a good “parents bank” to back you up, this sum may take years and years to put together.

In the meantime, you need to live somewhere and as we all know, rents can be quite hefty. Continue reading Moving back with the parents to save up for a deposit

Can’t afford to buy a home? What about Shared ownership?

If you are thinking about buying a home, the first thing you need to do is to put together enough money for a deposit – typically 10% of the selling price and them be able to demonstrate that you can pay your mortgage.

Easier said than done; it may take many years of savings to come up with enough money for a deposit…and as property prices continue to raise the chances to borrow the amount you need may get slimmer and slimmer.

Here is an idea: What about Shared ownership?

Continue reading Can’t afford to buy a home? What about Shared ownership?

Buying a home with a friend

High property prices and hefty deposits meant, for many first-time buyers, putting off the dream of owning their first home. But here is an idea – why not to join forces with a friend or two to get your foot on the property ladder?

That’s exactly what more and more young professionals are doing.

Soaring property prices and stagnant wages meant that just over a quarter of those aged between their mid-twenties and mid-thirties can manage to own their own places. Continue reading Buying a home with a friend

Where do you want to live? Suburbs or city center?

Do you like it Green and quiet or you are rather in the middle of the action?

Suburbs or city center, close to the park or the shopping center: Before choosing to buy a property, you need to choose the right location.

Families are drawn to the outskirts or suburbs

On the outskirts and in suburbs are the typical development areas with charming terraced houses, as well as detached houses of developers. Continue reading Where do you want to live? Suburbs or city center?

How do I know how much my house is worth?

Selling a house is not the sort of thing most of us is accustomed to do every day.

How can you know how much to ask for your house?

Is there a way to calculate the asking price?
Whether you’re selling, mortgaging or renewing your home insurance, knowing the value of your home will be the first thing on your to-do list. Continue reading How do I know how much my house is worth?

Houses for kids – Get your little ones excited about real estate

We are buying, restoring and selling real estate for the last 8 years now. We have two girls, 5 and 3 years old. Going to the DIY shop has been part of the weekly routine all their life. No wonder our girls are full of ideas about having their own little building projects.

Of course they have their own little space in the garden with the traditional sand pit where they can unleash their creativity. I already watched them assembling stones to built ways and building houses for little bugs they collected. Sometimes they use little sticks to pretend they are drilling holes or using it as a screwdriver.

Continue reading Houses for kids – Get your little ones excited about real estate

An Overview of Expected Property Price Growth in Europe

I was reading an article recently which reviewed a recently published S&P report. It indicated that 3 countries are set to led the price growth in property: Ireland, Portugal, and the Netherlands.

It appears the price growth in these countries is as a result of a shortage in supply.

The report predicts that the top 3 countries will continue to see growth in property prices until at least 2020. For the coming year it predicts growth of 8.5% in both Portugal and Ireland with the Netherlands close behind. Continue reading An Overview of Expected Property Price Growth in Europe

The most expensive cities to rent in Europe

And the winner of the most expensive cities to rent in Europe is…..London!

In a recently published report London topped the list of the most expensive cities. Moscow and Zurich came second and third. At €6,300 per month for a 3-bedroom apartment in a prime area London is over 3 times higher than the European Average.

Continue reading The most expensive cities to rent in Europe

What should I consider when buying an investment property abroad?

Although the prospects of trying to manage an investment property abroad can be scary with some careful steps the process can work well.

First with regard to the property purchase you need to ensure you have local legal representation. Rather than using Google to find this try to find someone else who, similar to you, has bought investment property abroad and get a reference from them. Continue reading What should I consider when buying an investment property abroad?