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Selling property privately (successful holiday rental)

Selling property privately (successful holiday rental)

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Old Dec 30th 2018, 11:24 am
  #16  
EMR
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Default Re: Selling property privately (successful holiday rental)

Originally Posted by notion
Ideal scenario is best net return after any sale costs. To gauge what that might look like means getting a good idea of previous sold prices. We're in no immediate hurry though.
When you say level of sales, do you mean that the agents are keen to get properties on their books?
Yes , agents are certainly looking for new listings., with very good sales in 2018.
The market is no longer dominated by Brits , French, Italians, Dutch, Scandinavians are all active buyers which is why an agent with access to all these markets should be your preferred choice.
if you are planning to turn your euros back into sterling the current spelling exchange rate for UK buyers will mean that you could also have a sterling currency gain. .
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Old Dec 30th 2018, 4:23 pm
  #17  
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Default Re: Selling property privately (successful holiday rental)

Originally Posted by EMR
Yes , agents are certainly looking for new listings., with very good sales in 2018.
The market is no longer dominated by Brits , French, Italians, Dutch, Scandinavians are all active buyers which is why an agent with access to all these markets should be your preferred choice.
if you are planning to turn your euros back into sterling the current spelling exchange rate for UK buyers will mean that you could also have a sterling currency gain. .
Of which, if you’re UK tax resident HMRC will want their cut 😭
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Old Dec 30th 2018, 6:58 pm
  #18  
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Default Re: Selling property privately (successful holiday rental)

Originally Posted by Jonny22

Of which, if you’re UK tax resident HMRC will want their cut 😭
If you have made a capital gain that is higher than your allowance.
PT will want 28% of any gain as a non resident .
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