Why consider property abroad at all?

Property in Slovakia can be an excellent investment, and we certainly do not claim that abroad is automatically better. But it is worth asking yourself whether you want all of your property wealth in a single country.

Every property market develops a little differently

Prices, taxes, rules, interest rates, demand and tourism all change. While one market may stagnate for a time, another may be going through a period of growth.

  • prices
  • taxes
  • rules
  • interest rates
  • demand
  • tourism

Property abroad can therefore be one way of spreading your assets across more than one property market.

It need not be only about rental income

If you choose the country, the location and the property itself well, growth in its value over time can also be part of the total return.

Future price growth cannot be guaranteed — which is exactly why we think it matters what you buy and where.

A property by the sea need not be only an investment

You can rent it out for part of the year and use it yourself as well. If you go to the sea with your family for two or three weeks every year and would otherwise pay several thousand euros for accommodation, that saved money has a value of its own.

We look at three things when assessing a purchase like this

Not only at the return, and not only at what it is like to stay there.

  1. Rental incomeWhat the property can realistically be rented for, and what the costs are.
  2. Possible appreciation over timeWhether the location still has room to develop further — with no guarantee.
  3. The value of using it yourselfAccommodation you would otherwise pay someone else for every year.

It works out differently for everyone

For one person a flat in Slovakia may work out best. For another, an apartment in Montenegro or Croatia. And for a third, a combination of both.

That is exactly where we see the point of diversification.

Marek Šimo, founder of InvestBySea
Marek ŠimoFounder of InvestBySea. He has worked in accounting, tax and finance for more than 10 years.How InvestBySea came about
Please note

The information on this page is general and indicative, and is not investment or tax advice. Calculations of yields, costs and financing options are based on available data and assumptions. Future yield, occupancy, growth in the property's value and approval of financing cannot be guaranteed.

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