A House by the Sea: What to Do Before Investing in Overseas Property

Whether you are planning on moving abroad or looking for a place where you can go on holiday, an overseas property may be on your mind. Buying a property is a difficult enough decision when you are in your own country, but when you don’t know the specific rules and regulations of a region, it is made all the more challenging. You need to make sure that you are fully prepared for what you are letting yourself in for, especially if you don’t have a great deal of experience in this new country. So, here are just a few of the top considerations which are worth bearing in mind.

What Are Your Reasons for Buying a Property Overseas?

First of all, you should have your reasons for buying an overseas property firmly in mind before starting. This will have a knock-on impact on all your future decisions, and it makes sense that you are confident in your reasoning. If you are planning on buying a home for investment purposes, you need to think about all of the financial implications carefully. However, if you are buying a place with the view of one day living in it, you will want to look closer at the neighbourhood, facilities, features of the property etc. View Simon Conn for oversees properties and finance specialist.

Investing in foreign property will help people relocate easily, save on taxes and provide a good return of investment. Finding citizenship by investment countries where you can invest in property and gain status as a resident, or even citizen, is an increasingly popular approach. It is also common for people to buy homes abroad with the intention of renting them out on platforms like Airbnb when they are not using it themselves.

Do Your Research Online

The internet provides the ideal platform on which you can start to research property prices, facilities etc, Check out different property websites from the particular country or region such as https://www.rumah.com/rumah-dijual/di-area-jakarta-timur-idjk04. As well as pictures, there are plenty of websites which also allow you to take tours of your potential new property. Of course, you will want to visit in person as well to get a proper impression of what the place is like, but the internet is a fantastic tool which gives you an overview.  

Finance and Funding

You will go in with a clear idea of what budget you have set for yourself, but you may still find that securing funding is not the easiest thing in the world. After all, it will be subject to local laws and is likely to be discussed in terms of local currency. Explore all of your financing and funding options carefully before settling on the right one for you. It is likely that you are going to need to rely upon local financial professionals to guide you through this process.

Overcome the Language Barrier

You may not intend to relocate permanently, but there is still going to be a language barrier which you need to overcome. And you don’t want any miscommunications to cause issues to any agreements which you put in place. So, you may need to hire a professional interpreter or a legal professional who is able to communicate in both languages.

Research Location and Local Amenities

So far, we have mainly talked about the practical elements of purchasing a property, but you don’t want to forget about the location as well. If you are planning on living there, you need to think about what you are looking for in an area such as transportation links, schools, low crime rate and plenty of entertainment options. If you are buying a holiday home, some of the previous categories may be the same, but you may be looking for more specific qualities like your proximity to the beach. And even if you are buying a property as an investment, you need to think about what sort of people will be renting from you and how easy it will be to sell in the future. Ideally, you should go to visit the area yourself to get the best idea of what it is like and how well you are going to fit into the local community. Whatever the case, you are unlikely to want to venture too far off the beaten track.

Safeguarding Your Property

Safeguarding your property mainly becomes an issue if you are not planning on living there. If you are buying a holiday home or one for investment purposes, it is likely that it will be left empty for a big proportion of the year. So, when you are organizing the security situation, you need to be forward-thinking in your approach. One solution which many people choose to take is to hire a local property management firm to take care of their house for them. Of course, this is going to require some additional investment, but it can help to protect your assets in the long-run.

Think About Your Exit Strategy

When you are in the planning stages of buying a property abroad, it is very easy to get caught up in the excitement of it all. But you also need to be practical at the same time. Even the best-laid plans can sometimes go wrong, so it is worth considering your exit strategy sooner rather than later. If you are planning to relocate, you shouldn't automatically assume that you are going to stay in your new country in the long-run. Maintaining close ties at home can end up helping you out in a big way. If you are an investor, you need to keep your eyes peeled in checking out the global real estate market, as well as the wider economic trends. You may suddenly find that you have an unexpected need to sell up or else change strategy somewhere down the line.  

Buying an overseas property is a big commitment and one which you shouldn’t enter into lightly. But whatever reason you are doing it for, it is much more likely to be a success if you plan this venture carefully. Hopefully, this article has provided you with some food for thought and covered off some of the main issues which you need to bear in mind. Ultimately, you need to go in with a clear head and not get swept away by your emotions. Practical planning will help you lay down the blueprints to enjoying success in your venture.  

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Our Favorite Listing: The Only Rooftop Pool in the Hamptons

In the Hamptons, it doesn’t get any better than a rooftop pool and an ocean view. Modern and marvelous, this $8.49 million property comes with a 12-foot-by-28-foot pool with the best views in Montauk.

Photos courtesy of Douglas Elliman

Sited on an acre and perched high on a hill overlooking the Atlantic, the 5,700-square-foot home is a swimmer’s fantasy and a designer’s dream. Walls of glass feature truly panoramic views, adding to the allure of this five-bedroom, five-and-one-half-bath modern masterpiece. Represented by Andrew Azoulay and Dana Brockway of Douglas Elliman, and Chris Coleman of Saunders, the property features beautifully landscaped grounds protected by mature indigenous trees, an expansive rooftop deck, luxe interiors and amenities and top-of-the-line construction and systems. Architecture and construction by West Chin Architects, Designers and Decorators, and Tom Abraham of Abraham Development, respectively.

Andrew Azoulay & Dana Brockway at Douglas Elliman is the listing agent. For more information click here

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Walk Through 240 Riverside Blvd APT. PH-SUITE2

This week we are taking a virtual look through 240 Riverside Bldd PH Suite 2 a 3-bedroom/4.5-bathroom penthouse with nearly 5,000 SF of interior space and over 500 SF of private outdoor space. The unit is curently listed for $22,000,000

Virtual open house is powered by GeoCV.

Elevators open onto the suite’s private landing and hallway, providing two entrances to the residence, ideal for entertaining purposes. Immediately upon entering, one is dazzled by the dramatic views of the river and city skyline, framed by massive walls of windows double height open Loggia and soaring ceilings.The eat-in chef’s kitchen sits off the foyer, complete with high-end appliances, breakfast bar and ample space for a table and chairs for informal dining.

The grand living room spans over 70 feet across western side of the residence, bordered by a magnificent loggia/terrace with double height ceilings and imposing columns that frame images of the river and skyline, and the ultimate “corner office” sits beyond the living room, also offering unobstructed views to the north and west.

Tucked in the northwest corner, the secluded Master Bedroom suite provides a private sanctuary, with two full bathrooms, and two separate dressing rooms, and boasts a view that spans Riverside Park, the George Washington Bridge, and Central Park.

Two additional bedrooms and two full bathrooms and are situated to the south/eastern wings of this truly remarkable New York City residence.

Leighton Candler, Elizabeth Higgins & Jennifer Reardon at Corcoran are the listing agents.

For more information click here

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Dubai Opera House - An Exceptional Setup of Global Race

Dubai is capable of creating something unimaginable, and that's the reason why it holds the most impressive synthetic delights of this world. This particular benchmark metropolis props up key to the majority of smart and intriguing concepts by a man given its value by technologies and sources.

The most recent feather in this city’s hat is without a doubt the Dubai Opera House. This phenomenal dhow-shaped development is a radiant ethnic neighborhood and an occasions spot in the deluxe downtown area of the community. Opera house Dubai is designed to motivate the proficient local performers and promote the ethnic range of the worldwide race.

Here’s all you need to know about this newly built Dubai Opera House.

Being referred to as a new ethnic symbol of Dubai, Dubai Opera is undoubtedly a spectacular 2,000 seat area together with multi-formats for example concerts, theater shows, opera, art shows, sports activities, movie, and orchestra, in addition to many other periodic shows. So, let us know more about this house that has enhanced the artistry living of Dubai.

The Style and design

This house is stimulated by the ocean-going customs of this city. This house is developed in the form of the conventional sailing boat of the Arabs. The particular design is influenced with the traditional dhows fabricated from solid wood and are renowned for their adaptability and power. It has for ages been legendary with the particular dhow stream of Dubai, and today it’s used the shape of this Dubai Opera house.

The Formatting

The spectacular Dubai Opera House is basically made up of 3 platforms which will support live performance shows, movie theater, as well as the ‘flat-floor’ setting, targeted to arrange events and occasions. The particular formats tend to be directed to provide the maximum versatility in order to easily cater to shows, activities, popular amusement concert events, Arab-speaking and world popular music shows, kids show, theatrics, as well as some other types of ethnic shows. This House is constructed with an intention to provide a creative perspective and drive the world travel and leisure towards artwork and popular music. Moreover, an informative article posted to a LuxuryProperty.com's blog will guide you the rest of the things about Dubai Opera House.

The Venue

The locality of this Dubai Opera is smartly placed in the downtown area of Dubai. The particular Opera district of the downtown area Dubai features Burj Khalifa also is the tallest synthetic development in the world, combined with the Burj recreation area and the well-known Dubai Fountain. The Opera district targets the advancement of regional and international disciplines exchange by way of presenting the rising and proven talented performers. The whole area is also established to offer high-end resorts, serviced and noncommercial condominiums, a retail industry plaza, amusement parks, entertainment areas and beautiful beachfront promenades.

The Dubai Opera House details:

Perfectly located at the middle of town center Dubai, this House was in place for a great opening for the people on August 31st, 2016. As the most interesting point remains that out of the two thousand seats, at least 800 seats can be gone, moved or covered as per will over the three format settings; here are a few of some other best unfamiliar Dubai Opera house details you should know about.

Began In 2013, It Had Taken A Bit More Than Three Years to Get Successfully Completed

This House had been started out in   2013, and it was successfully completed in a period of slightly over three years. Goodness me, you think that three years is a very long time. Most certainly, the very best of the Sydney opera house had taken a tremendous 25 years to complete, therefore while in comparison to that, Dubai achieved this brilliant project quickly.

It Features A   2000 Seats Available, Out of Which 800 Can Be Revised

The place as a whole has 30 high-grade boxes that can easily cater to 184 Very important personnel visitors altogether and other than that, this house features a sitting capacity of two thousand people. The fascinating part is actually, while this house is in a live performance setting the sitting capacity can certainly be adjusted to 915 in the particular booth, 529 in the lavish elliptical, as well as 457 in Souverain circle which makes it a maximum of 1901 seat tickets instead of two thousand. Some other seats tend to be made in a manner to be moved to a subterranean shed. In the same way, in its show setting, you will see as many as 889 seating in the booths, 529 in the particular circle, and also 457 in the regal elliptical, which makes it a maximum of 1875 seats.

In the Shape of a Dhow Sail, This May Change It into Multiverse of Locations

Made for the free utilization of the sophisticated high-tech as well as hydraulic technologies, this dhow-shaped House design is able to change into the finest class show, live performance and opera house.

• It features a 5000kg of the wrought iron chandelier with 2900 Light emitting diodes affixed to it
• The entire building design is mostly comprised of goblet along with a translucent foyer.
• The sounds change along with the event formats

The structure of the Dubai Opera is actually made in a way to conform to the diverse specifications of various show styles.

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Having Difficulty Selling Your Home?

Everyone struggles from time to time with this kind of grand sale, and it is perfectly natural for it to take a long time to sell your home. However, there is no doubt that it can also become extremely difficult and worrisome when you have been trying to do so for a long time and you don’t seem to be making any progress with it at all. If you are in this position, then you might want to think about some of the things you can do to ensure that it is going to go a little more smoothly in future, and fortunately there are many such things you can do at any time. In this article, we are going to help you out by taking a look at just a few of the most basic and essential ways in which you can improve your chances of selling your home.

Determine The Cost Of Selling A House

The final stage of a property sale is a successful closing, wherein all of the purchase details have been finalized. Part of this process is ensuring that all fees and expenses are paid on the closing day, including the closing costs. The final documents must be signed to officially transfer property ownership. The escrow company releases the sale funds to you once everything is good, deducting the commissions and closing costs.

Regardless of your property’s location, you have to know the related costs of selling a house. Closings costs include an assortment of fees that the seller or buyer pays during the final home sale stage. These fees may include home appraisal costs and credit reports, consisting of up to 7% of your property’s final sale price.

For instance, in Virginia, home sellers are responsible for paying these fees, including realtor commission fees (up to 6% of a property’s sale price). Expect to pay 9% of your home’s sale price in closing and other related fees.

Fortunately, there are ways for you to save money and increase the net profit from your sale. Avoid paying full real estate professional commission fees by working with trusted home buyers in Norfolk VA who can help you sell your property fast.

Know Who You Are Selling To

Most people jump into selling their home without even thinking about who they are trying to sell it to ,and yet if you approach it in this way you are bound to have much more luck with the sale of your home on the whole. You need to sit down and decide on who you might think would be interested in buying your property - not who specifically, necessarily, but what kind of individual. If you can work that out, you will be able to tailor your home so that it is much more likely to be saleable, as you will actually have a specific kind of person in mind while doing so. Get to know that kind of person, and you can choose the right colours, layouts and so on, all of which will greatly help you to sell the home faster.

Get Help Selling It

A lot of people need help when they are selling their home, and there is nothing wrong with that if you need help too. If you are thinking of trying to sell your home, then you will find that you probably need to have some sort of help at some point, and that is something which you can easily get so long as you know where to look. If you take a look at this for example: https://www.promisepropertymanagement.com/property-management/areas-we-serve/carlsbad/ you will see that it is highly likely that there is someone in your area who is able to help you, and that means you will probably have much more luck with sleling your propwerty in the future. Remember that if you feel a little stuck, and you can be sure of getting it sold much sooner.

Explore All the Options on the Table

We tend to assume that selling a house involves putting a for sale sign up and waiting for eager buyers to get in touch and start arranging viewings. While some properties sell quickly without any hassle or stress, many spend a significant amount of time on the market. The conventional way of selling homes is not the only option on the table. It is also possible to look at alternatives, such as quickbuy solutions. If you’re desperate to sell, or you’re having no luck trying to find buyers and you’ve run out of ideas, you could consider selling to a company that will snap your home up swiftly and offer a simple, rapid sales process.

Be Patient

Remember that it makes most people a long time to sell their home, and if yours is not selling fast enough it really doesn’t matter too much. Adopting a little patience is likely to be a sensible idea, as it will stop you from going mad trying to make it all work. As long as you are able to be patient, ti i'll be much easier to deal with on the whole anyway. See https://www.moneysupermarket.com/money-made-easy/top-ten-tips-to-sell-your-home/ for more on this.

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A Look Inside 200 Amsterdam

Bringing an innovative and classical pre-war look to the upper west side of New York, 200 Amsterdam aims to please. After long awaiting for approval to begin construction, 200 Amsterdam was finally given the okay, thus leading to the drop of a teaser website and new renderings of the building.

The 51-story condominium tower will offer 112 apartments ranging from one to five bedrooms with interiors by CetraRuddy, an international award-winning architecture and interior design firm based out of New York City. SJP Properties and Mitsui Fudosan America are working together to develop this 668 feet tower, which will have architecture done by Elkus Manfredi.

The placement of the building will offer occupants views of Central Park, the city, and the Hudson River, while also being close to the American Museum of Natural History and the Lincoln Center.

Occupants of the building can also enjoy 10 different amenities, some of which include: a 75-foot heated salt water pool, state-of-the-art fitness center curated by The Wright Fit, library, children’s playroom, and lounge. There will also be a separate soundproof rehearsal room that can be used.

Sales and marketing will be handled exclusively by Brown Harris Stevens Development Marketing, and will not begin until the fall of this year.

Photos courtesy of Binyan Studios.

By Shaunna Redman

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Tips for Purchasing a Mountain Home

If you want to embrace a way of living that’s a little outside of the ordinary, the idea of living in a mountain location might appeal to you. If that’s the case, purchasing a home in the mountains could be on the horizon for you. There are plenty of ways to do this, but there are some things that you will need to know and do if you’re serious about purchasing a mountain home.

There are lots of things that you will need to think about, and it’s not quite as easy as it is when buying an ordinary home. You need to be prepared for the work involved if you want the whole process to go smoothly. So read on to learn more about these tips; they’ll help you find the mountain home of your dreams.

Know the Locations You’re Most Interested In

You should definitely start doing some research and find out what’s the difference is between the various mountain locations and communities where you might be most interested in buying a home. Look at them all and see which is best suited to you and your specific needs. When you know where you’re most interested in living, you can start your search and see what’s on offer on the market. Each local area will be different so it’s definitely good to know which of them you’re most interested in.

Think About Logistics

You definitely need to think about the logistics of living in a mountain location, and this should be a part of your decision-making process. The roads and routes up to the home are not always the best, but that all depends on the specific mountain location you’re looking to buy in. You should be fully aware of these logistical concerns before you decide that you want to buy a home in a particular location. So be sure not to skip past this stuff because it’s definitely important.

Factor in the Elements

The weather and the elements generally are always a little different when it comes to living in a mountain location. You should want to make sure that you fully understand all of these things and how they might affect you when you’re living in a mountain home. You should definitely factor in things like the snow during winter because stuff like this will certainly impact how you live and how disruptive your choice of location is to your lifestyle in general.

Take Your Time on the House Hunt

When hunting for the home, you need to be as careful and as measured as you possibly can be because if you don’t take your time to find a house that’s right for you and toe specific needs, you will regret it later and that’s obviously not what you want at all. There’s nothing to be gained by rushing through the process and not taking it on in the correct kind of way. You should search for all kinds of homes and look at them all to begin with. That way, you can get an idea of which homes are right and wrong for you.

Talk to Specialists

There are people and organizations out there who know all about what it takes to buy a property in particular mountain locations. You should seek help from these specialists if you want the process to go smoothly and productively. Coldwell Banker Mountain Properties is one such example, so you might want to get in touch with them to learn more about what they can do for you. Going it alone when you’re buying a property always makes things harder than they really need to be.

Learn From People Who’ve Already Bought in the Area

If you can get in contact with people who have already been through the process of buying mountain homes, you should be able to learn a tremendous amount from them. They’ll tell you all about their experiences, the difficulties they face, and they might even talk to you about some of the tips that’ll help you make the process less stressful. There’s nothing better than hearing it straight from someone who has first-hand experience to call upon.

Get to Know the Community

If there is one specific mountain community that you want to become a part of, you should start to spend some time there before you move. If you do that, you will find that you start to understand the community better and learn about its quirks and habits. There are lots of things to learn, as well as some things that you might never fully understand. That’s just the way it is for outsiders coming in, but you’ll integrate and become part of the community over time.

Understand the Natural Threats

The danger of natural threats does extend beyond the elements when you live in a rural aha mountainous spot. There are many natural predators out there, and they could be located close to your mountain home, deadening in which part of the world you choose to buy your new mountain hat. By understanding these threats and how to handle them, you’ll be ready for everything mountaIn life can throw at you.

Have a Detailed Survey Carried Out

Before you actually finalize the purchase of your maintain the property, you will want to have a detailed and in-depth home survey carried out by an independent professional. These homes face unique threats, and many of them are already very old so there will be some problems to address, that’s for sure. You should always base your decision on hard facts when buying a home like this or like any home for that matter.

Purchasing a mountain home might be one of your life’s ambitions. If so, you should go for it and don’t let anything stop you from doing what you want to do. It’s certainly a different way of living, so keep all of the tips and issues mentioned here in mind as you move through the processes of buying your mountain home.

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Our Favorite Listing: A Private Peninsula

Residing at the end of the Shippan Point peninsula, the city’s southernmost property is said to have been used as a lookout guarding Stamford and New York Harbors during the two World Wars, hosting a canon on site. The home was built in 1914 by Richard Howland Hunt and Joseph Howland Hunt—the architect brothers behind Beacon Towers in Sands Point, Long Island, once owned by William Randolph Hearst and the inspiration for the Great Gatsby. The listing is currently listed at $11,950,000

Photos courtesy of Sothebys International

Hunt & Hunt built this home, known as “Saddle Rock House,” for the inventor Thomas Robins, best known for creating the rubber conveyor belt while working for his friend Thomas Edison. Based on the invention he launched the Robins Conveying Belt Company, which later became known as the Hewitt-Robins company.

Crafted with ashlar quarried stone and a Belgian slate roof, and designed with definitive circular arches framing doorways and windows, the residence is built in the Richardsonian Romanesque style and has views of the water from every room. Updates include a new kitchen with custom cabinets and granite counters, smart home technology, custom tilt-and-turn windows, and a renovated cellar with a vintage, temperature-controlled wine cellar.

Outside, there’s a heated saltwater pool with large covered stone grotto, pool deck with cabana, boat launch, specimen gardens and fountains, lighted tennis court, stone guest cottage and a Bonsai tree at the peninsula’s tip, all with Sound views extending from the Stamford Harbor Lighthouse to the Manhattan skyline. Locals will recognize the large bear statue that introduces the home at its gated entry; they’ve been referring to the property as the “Bear House” for years.

Robert Blosio & Larry Palma of Sothebys International is the listing agent. For more information click here

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Sold: Antoine Verglas Amagansett Home

Fashion photographer Antoine Verglas, whose nude images of Melania Trump caused quite the stir, has closed on his two neighboring Amagansett beach homes, according to exclusive agent Carol Nobbs of Douglas Elliman.  

The two properties, at 61 and 55 Dunes Lane in Amagansett, were listed together for $12.5 million, and individually for $5.6 million and $6.9 million, respectively. 

61 Dunes, sited on 1.3 acres, features three bedrooms, two baths and an outdoor pool. 55 Dunes occupies 1.5 acres and comes with five bedrooms and three baths. The two are on a road with only six homes, and they share a private path to the beach. The agent is unable to disclose the final price or the buyer at this time. 

The Paris-born Verglas is known for his early 90s photoshoots with then-breakout supermodels, such as Claudia Schiffer, Linda Evangelista, Naomi Campbell, Cindy Crawford and Stephanie Seymour, for GQ, Sports Illustrated, Vogue, Elle and Playboy. He's also shot intimate portraits of a  number of celebrities, including Angelina Jolie, Lucy Liu, Gina Gershon and Penelope Cruz. 

This listing courtesy of Douglas Elliman