You’ve found the house, villa or apartment you want,
now you need to decide how badly you want it and how anxious
the owner is to sell.
This means reaching agreements with the present owner on
key points such as price, contingencies, a timetable, and
closing costs, to mention only a few areas of contention.
The more you know about the completion process, the less
emotional you’ll be and the better your chances of
reaching a final agreement satisfactory to all parties.
The following pages will walk you through the entire Gambian
property conveyancing process and provide you with proven
techniques and tips that will help you buy your Gambian
investment property or holiday home on your own terms.
If you don’t find what you're looking for here, then
ask us and we’ll do our best to answer your questions.
Click on the links below for more information:
Do you have a house for sale in The Gambia?
If you are thinking of selling your property, land or house in The Gambia
or need a valuation for any other reason, our property team would be glad
to hear from you.
They are on hand to prepare a free market appraisal of your property and
a proposed marketing campaign. There are no obligations. Please feel free
to contact us even if you are not sure about your future intentions but would
like to know the expected market price of your property or land.
Gambia Holiday News are very active in the marketing and selling of unique,
designer and luxury homes of individuals as well as acting for property
development companies and institutions.
We have well-established connections with overseas property buyers, investors
(including buy-to-let schemes) as well as pension fund managers who are
now showing an interest in the Gambian residential mareket.
However, words are cheap. Action speaks louder and client references
are available on request.
All available properties for sale are published on our website and details
are readily available for you to download, print off or forward to a friend.Our
Gambia sales list changes frequently and we recommend that you register
with us so that we can look after you personally and contact you immediately
that we are aware of a property that may meet your requirements.
Do you want to buy a property in The Gambia?
We offer a range of properties for sale throughout Gambia.
All available properties for sale are published on our website and details
are readily available for you to download, print off or forward to a friend.
Our Gambia apartment and villa sales list changes frequently and we recommend
that you register with us
so that we can look after you personally and contact you immediately that we
are aware of a property that may meet your requirements.
Gambia Property Investments: Buying Property in Gambia?
Preparation - The Key Message, Going to look at properties should be the LAST
stage in the process, not the first. The process of buying a property - whether
for your personal use or as an investment - SHOULD start with thorough preparation.
This will save to a lot of wasted time AND money. We STRONGLY recommend that
you make contact with us BEFORE you go to look at any property. That way we
can deal with all of the key issues (such as those listed below) calmly and
clearly, before you get involved in the rush and pressure always associated
with buying a specific property anywhere in the world.
Buying a Property in Gambia: Preparation Check List
Why are you buying the property? Is this for retirement, a holiday home,
a holiday home that you want to pay its way or a pure investment. If you are
buying a property as an investment, see our Guide to Buying
Property in Gambia as an Investment.
Which area will suit you best? If this is an investment, where are you likely
to make the most money?
Which type of property is best for you? Villa, apartment, development project.
This is not always obvious.
How are you going to pay for the property? Are you going to take out a mortgage?
If so, where and for how much? What are you doing to guard against the risk
of fluctuating exchange rates?
How are you going to manage the property? If you want to let the property,
who are your target tenants? Who will manage the lettings? How much money
will you make?
Who should be the legal owner of the property? The right choice here can
save you thousands, even on an ordinary holiday home. See below for more information
We will be happy to assist you with all of these issues.
Buying a Home in Gambia: Who Should Own the Property?
Getting this question of ownership wrong is probably both the most common and
the most expensive mistake people make when buying property overseas. There
are many people who could be made the legal owner of the property or, as the
case may be, the shareholders in the company that owns the property. The best
choice is, often, not obvious.
Getting this wrong can cost you tens of thousands of pounds/euro/dollars of
totally unnecessary taxes, during your lifetime and on your death.Most local
lawyers will be unable to help you make this decision as it involves an understanding
of both the local AND your own legal, tax and inheritance systems.
We will be happy to assist you in making this vital decision.
What is the Best Way to Buy a Property?
There are many ways to purchase the property. These include:
in your own name alone
in your name and in the name of your co-purchaser(s)
wholly or partly in your children's
names or in the name of somebody
whom you would like (eventually!) to inherit the property from you
in the name of a limited company,
whether English, Gambian or "off-shore"
via your SIPP/SSAS pension fund
via an investment fund (REIT, PUT etc)
via an investment club
via a trust
Do you have Gambian property or building land for sale?
If you are thinking of selling your land or property in The Gambia or need
a valuation for any other reason, our property team would be glad to hear from
you.
They are on hand to prepare a free market appraisal of your property and a
proposed real estate marketing campaign. There are no obligations. Please feel
free to contact us even if you are not sure about your future intentions but
would like to know the expected market price of your property or land. Gambia
Holiday News are very active in the marketing and selling of unique, designer
and luxury properties of individuals as well as acting for property development
companies and institutions. We have well-established connections with overseas
property buyers, investors (including buy-to-let schemes) as well as pension
fund managers who are now showing an interest in the Gambian residential property
market.
However, words are cheap. Action speaks louder and client references are available
on request. We are always intersted in completed or uncomleted properties or
fenced or unfenced building plots for development by private or corporate investors.
All available Gambian land or properties for sale are published on our website
and details are readily available for you to download, print off or forward
to a friend.Our Gambia real estate sales list changes frequently and we recommend
that you register with us
so that we can look after you personally and contact you immediately that we
are aware of a property that may meet your requirements.
.