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Deposit Requirements
Generally 30% of the purchase price is needed, but once you own
property in Australia, the equity in your property can be utilised
to buy further properties without deposit.
In many cases you will only need 10% of the purchase price as
a deposit to secure your own piece of paradise. We can help you
with the finer details.
Finance
We have access to the best financial groups, who deal with all of
the major banks and lending institutions. They will do all the work
for you in establishing loans and accounts.
Broadly speaking, foreign investors can buy residential real estate,
which is:
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"Off the plan" - i.e.,
designed and approved by the relevant planning authority (usually
the local council or shire authority) where construction has
not yet commenced. |
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Under construction, but not yet completed. |
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Completed, but not yet lived in. Note: Once they have been
lived in by a tenant, or owner, they cannot be legally sold
to an "off shore" buyer. |
Types of Properties Available
Overseas purchasers are able to buy Residential, some Commercial
& Rural zoned land plus property held under special title. Gold
Coast Property Network has a range of properties suitable for purchase
by foreign investors.
Freehold Title
A Freehold Title is a single dwelling.
Group Title Freehold is more than one single dwelling. i.e. in a
complex such as villas, townhouses, duplex, condominiums, apartments,
etc.
Transferring Money
There are banks that specialise in transferring money around the
world. If you are intending to purchase a property with overseas
capital you will, quite rightly, be looking for savings. Foreign
Payments offer Telegraphic Transfers and foreign drafts at individually
negotiated rates and their charges are some of the most competitive
in the industry. Their advisers will help you through every stage
of your foreign exchange needs from sending you daily exchange rates
(by e-mail), to supplying you with commission free currency for
all your overseas travel.
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