Buying a house or apartment abroad is a dream for many: sunshine, a peaceful retirement, a rental investment, or simply a desire for a change. But behind this dream lie potential pitfalls that are best anticipated.
Here are our best tips and practical tricks for a successful international real estate purchase, without any unpleasant surprises.
🧐 1. Clearly define your objectives
Before even looking at the listings, ask yourself the right questions:
Why are you buying abroad? Second home, rental investment, expatriation?
How long per year do you plan to live there?
Do you need profitability? Or simply a vacation spot?
Your answer will influence the type of property, location, and taxation.
🌍 2. Choose the right country (and region)
It can't be stressed enough: each country has its own rules, real estate market, and culture.
✅ Consider the following criteria:
- Political and legal stability
- Ease of purchasing for foreigners
- Healthcare system, taxation, quality of life
- Exchange rate, cost of living
🧭 Tip: Start by visiting the region several times, outside the tourist season if possible.
💼 3. Get support
Buying alone in a foreign country can quickly become complex, even risky.
Use:
- A trusted local real estate agent
- A specialized notary or lawyer
- A sworn translator if the documents are not in French
- An international tax advisor
💡 KomNmoK tip: our platform selects verified local partners for you in each country.
💶 4. Don't underestimate additional costs
Beyond the listed price:
- Notary or registration fees
- Local property taxes
- Home insurance
- Possible renovations
- Bank and exchange fees
🧾 Tip: Allow 10 to 15% extra to avoid unpleasant surprises.
🔎 5. Check the legality of the property
In some countries, sales are made without authorization, or on land that is not suitable for construction.
✅ Check:
- The title deed
- The absence of mortgages
- Co-ownership rules
- Building permits if work is planned
📅 6. Prepare for the remote purchase
If you can't be there in person:
- Use electronic signatures (accepted in many countries)
- Arrange for a power of attorney from a professional
- Request recent photos and videos
- Arrange a live virtual tour if possible
🌐 7. Plan for the post-purchase period
Once the property is purchased:
- Open a local bank account (often mandatory)
- Take care of the connections (water, electricity, internet, etc.)
- Think about rental management if the property is rented out
- Plan for remote maintenance
📌 And above all: declare it to the French tax authorities if you remain a tax resident in France.
🎯 In summary
Buying abroad can be an excellent opportunity, but it requires method, support, and vigilance.
✅ Our 3 key tips:
- Don't rush into things
- Surround yourself with competent professionals
- Get fully informed about the country and its laws
With KomNmoK, you benefit from support in finding the ideal property, as well as reliable partners to help you buy with complete peace of mind.
💬 Do you have a project? Contact us to speak with an advisor.
