Over the last decade, the rapid advancement of technology has completely revolutionized the way businesses operate, including the real estate industry. Coincidentally, the covid-19 pandemic accelerated, even more, the altering process, introducing remote home buying and selling procedures, online video tours replacing open houses, and online listings becoming all the more successful.

Since the industry continues to shift to online platforms, investors consider conducting their business remotely now more than ever. Remote real estate investing provides the opportunity for investors to proceed to profitable transactions regardless of their geographic locations. Therefore, this shift presents a competitive advantage, especially to individuals interested in international property investments. There is an abundance of profitable markets worldwide offering high yields, that may prove more viable and beneficial than local markets. In addition, the option to arrange everything remotely saves valuable time and money from unnecessary travels.

Even though remote real estate investing equips the individual with competitive advantages in the market, many investors, especially first-timers, hesitate and feel overwhelmed. The digital world may present an unlimited number of sources and information (sometimes too much of it) that could lead to further discouragement. As a result, it is extremely important to calculate your every step and arrange your search by empowering yourself with the available technology to achieve lucrative investments that lead to high returns.

The steps provided below can help you get started:

• Choose your Market

Remote investing grants you the freedom to invest anywhere around the world. Do your research thoroughly and consult relevant available data. Greece is the fastest-growing real estate market in Southern Europe. Athens in particular, boasts high demand for apartments and buildings, massive development projects happening across the city centre and the Athenian Riviera and extremely competitive prices due to a prior 10-year recession.

• Choose the right Real Estate Agency

This is the most crucial step in your journey. Since the whole transaction can be completed remotely, you will depend on the Real Estate Agency of your choice completely. Take the time and effort you need to find the perfect fit. An online meeting will prove helpful, in order to access your compatibility. Learn about their experience in handling transactions remotely and their available times. Make sure that you choose a real estate agency that is acquainted with remote procedures and specializes in assisting international investors. This will ensure a faster process with higher returns on your investments. MI4 Real Estate Brokerage offers a full range of Real Estate Services including Property Marketing and Sourcing, Legal Services and Consulting, Property Development and Renovation and Property Management; an ideal choice for your search.

• Share your wish list with your Agent

Be completely honest and clear about your needs and your budget with your real estate agent. It is important to express your wishes so that your agent will be able to find the perfect property for you. This will also help to speed up the process by avoiding properties that do not match your criteria. Do not forget to mention deal-breakers to avoid wasting time of your search.

You can complete the whole transaction remotely or you may decide to visit and close it in person. Nevertheless, it is crucial to be able to trust your real estate team. These people will be your partners, representing you and your investments in all matters. We, at MI4 Real Estate Brokerage, have the knowledge and experience to assist you to realize your ideal investment. Our team identifies properties in up-and-coming areas with highly expected future demand. You benefit from greater capital gains when you liquidate your investment in the future.

Click here to learn more about MI4 Real Estate Brokerage.

12 July 2022