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Question: How does one begin the process of buying property in another country?

(Posted by: David on 2010-05-06 08:43:13)

I've recently become interested in the possibiltiy of buying a houseboat in Amsterdam and subdividing it into two or more vacation rental apartments. I found some private listing and the cost, depending on the individual houseboat, isn't totally prohibitive. My main question is how do I find a reputable realty company or broker in another country (specifically Amsterdam, Holland)? And do I apply for financing in my own country, the country of the purchase, or some other type of financial institution? Thank you in advance for any helpful info!

Posted by: Leo on 2010-05-06, 09:27:20

Sotheby's International is an international realty company with a great reputation. Contact a local office and have them put you in touch with someone in Amsterdam. As for financing, it will be difficult to finance a houseboat, especially in a foreign country. You may have to rely on your realtor in Amsterdam for advice on how to finance it. Hope this helps. Sincerely yours, laketreecorp.com/ royal-oak-condos-for-sale