6 STEPS BEFORE BUYING A PROPERTY IN CORFU
Fri, 26th Apr 2024If you are considering purchasing a property in the picturesque island of Corfu, congratulations on taking this exciting step towards owning your dream home or investment opportunity! However, before catching the plane to explore our wonderful island, there is some ‘homework’ you will need to do in order to achieve the best results. That is why we are sharing some essential steps you should take to ensure a smooth and successful property buying experience.
1. Define your goals:
Before you embark on your journey to Corfu, it is important to clearly define what you are dreaming of. Are you looking for a villa to enjoy a tranquil lifestyle, or are you interested in investing in a property for rental income? Or maybe you want to start from scratch and the best option for you will be a plot of land? Understanding your goals will help define your search area and will dictate the options.
2. Contact us!
Once you've identified potential properties of interest, schedule viewings with us, ideally before your arrival. Corfu's real estate market offers a diverse range of properties, from village renovation projects to luxurious villas directly on the sea. We understand that buying property in a foreign country can be daunting, which is why partnering with a trusted real estate agency like Corfuhomefinders can greatly simplify the buying process. With offices conveniently located in Dassia, Acharavi and Perama, we are well-positioned to assist you in finding the perfect property that meets your requirements. Our team of experienced professionals can provide valuable insight on market trends, property prices and to determine which areas align with your preferences and budget. We can also provide expert guidance, and access to an extensive portfolio of properties across the island to introduce you to the most popular neighbourhoods and much more.
3. Consider practicalities:
Beyond the aesthetics of a property, consider practical factors such as accessibility, maintenance requirements, and potential rental yields. Our team at Corfuhomefinders can provide valuable insights on the matter to help you make informed decisions. Take your time to explore each property thoroughly, paying attention to its condition and proximity to essential services and attractions.
4. Arrange financing:
If you require financing for your property purchase, it's advisable to secure pre-approval from a reputable lender before your visit Corfu. This will give you a clear understanding of your budget and will ease the negotiation process when you find the perfect property.
5. Consult legal experts:
Before committing to a property purchase, it's essential to seek advice from legal experts who specialise in Greek real estate law. They can help you navigate the legal complexities, review contracts, and ensure that the transaction is conducted smoothly and in compliance with local regulations. We highly recommend you contact local solicitors that know the ins and outs of the system in Corfu. There is an array of legal professionals that we are happy to refer you to, should you need this assistance.
6. Plan more than one visit:
While your initial visit to Corfu may be focused on property viewings, it is advisable to plan for future visits to finalise the purchase process, oversee renovations (if applicable), and immerse yourself in the local community.
Following these essential steps, you'll be well-prepared to embark on your property buying journey in Corfu with confidence and peace of mind. At Corfuhomefinders, we are committed to helping you find your perfect piece of paradise on this beautiful island. Get in touch with us today to begin your search for the ideal property in Corfu!