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Looking for property in Australia

At Real Estate Negotiators we understand the complexities involved in purchasing property when living and working overseas.

Whether you are returning home, relocating to Sydney or looking for an investment property Real Estate Negotiators can help you at every stage of the purchasing process.

From listening to requirements, lifestyle budget and timing Real Estate Negotiators will research, inspect and recommend suitable properties which fit your criteria. If you are happy with this we will negotiate to secure you the best price and terms possible or if required bid on your behalf at auction. From there we will organize building and pest inspections, strata reports, digital photos or videos, solicitors, conveyances, Power of Attorney, valuers and property managers if required.

Requirements

All acquisitions of residential real estate in Australia by foreign investors require approval by the Foreign Investment Review Board before purchasing.

You DO NOT require foreign investment approval to purchase Australian residential real estate if you are

Australian citizen - residing in Australia or abroad.

A holder of an Australian permanent resident visa

A person entitled to hold a special category visa eg. New Zealand citizens.

An Australian citizen with a foreign spouse, purchasing residential real estate in joint names as joint tenants.

There are, however, some opportunities for foreign investors to acquire residential real estate in Australia but approval is usually subject to strict conditions. For example:

Existing properties (not new) - The foreign investor must hold a temporary resident visa in Australia for more than 12 months and must live in the property (not rent it out) and must sell the property once they leave Australia, their visa expires or they no longer occupy the property.

Vacant land - Continuous development on the land must commence within 12 months of receiving foreign investment approval.

New & 'off the plan' properties - If a property has not previously been occupied or sold and is part of a 'development', or is an 'off-the-plan' purchase (regardless of whether construction has commenced), then purchase by a foreign investor may be approved as long as no more than 50% of the properties in the development have been sold to foreign interests.

For a more detailed explanation of Australia's Foreign Investment Policy, visit the Foreign Investment Review Board website at www.firb.gov.au

Success Stories

A wonderful home in Greenwich has been purchased by us for our clients David & Karen. This couple are typical of many young business executives who are time poor and need the assistance of an experienced professional who they can trust to act in their best interests. There were three purchasors on the property and we needed to secure the property on their behalf. This we did quickly and efficiently to all parties satisfaction.

We have purchased a wonderful new home for sea change couple Bob & Libby on the Sunshine Coast. They had viewed the property while on holidays and loved it. They asked us for our professional advice and assistance having used our services three times before and knew how committed we are to our clients. After sitting down and discussing what they wanted to achieve and what price they were prepared to pay we approached the vendors agent and entered into a negotiation. This resulted in an excellent buy for our client which exceeded their expectations.

Real Estate Negotiators have successfully purchased a much sought after home in Greenwich.

Young couple Tegan & Stephen phoned us up to attend the auction on their behalf as they were committed to a wedding in Melbourne. We looked at the site and realised that this was a hotly contested property. After discussing this with our clients we convinced them to make a ‘best shot’ offer prior to auction. After much discussion and hard negotiation through the agent and with the vendor our offer was finally accepted. If we had waited until the auction – they would have missed out.