Investors interested in real estate may want to consider markets outside their own borders. From potential returns to portfolio diversification, buying international properties has its advantages. But it's also a complex process. Here's what you need to know before buying real estate abroad.
In general, buying international property comes with a number of potential rewards, but also a lot of risks. However, your experience will vary depending on the country that interests you. Some may be easier to navigate than others. Yes, you can get a mortgage for a property in another country.
The bank or lender must have a presence abroad to help you obtain an international mortgage.