Insure the house or overseas rates! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine
Prices for capital real estate has long surpassed the cost of foreign housing. Therefore, some Ukrainians were...Insure a home abroadPrices for capital real estate has long surpassed the cost of foreign housing. Therefore, some Ukrainians began to acquire houses and apartments abroad. If you have similar plans, but to live after the purchase plan at home, the first thing to insure their foreign ownership. Is it obligatory insurance of property abroad, and what rates apply in different countries.Voluntary-obligatoryIn most countries, property insurance is not a mandatory procedure. But foreigners trust their insurers, so literally from childhood accustomed for a pretty nominal fee to pass on to their shoulders worries about damaged property.Following their example, the experts advise and Ukrainian foreign owners of apartments and villas. But keep in mind to issue such insurance in Ukraine. The policy is purchased only by the insurers of the country where housing is bought."Voluntarily you can insure not only the living room," explains Katerina Sharova, head of the Department of insurance of property risks of IC Oranta. вЂ“ But also the decoration, furniture, household and electrical appliances, furnishings, and even a separate item outbuildings".The list of insurance risks in this case is also quite large. It is not only fire, natural disasters and flooding, but a burglary (as well as robbery and robbery), hitting a vehicle and causing damage to the neighbours property.However, to insure the property or not, can only those who fully paid the purchase out of pocket. If to buy you require the assistance of the Bank, to buy a policy you still have. As in Ukraine, mortgage insurance in the world is required.Overseas fares"Be prepared for the fact that the fee for insurance overseas house, increase the size of the cost of its maintenance," warns Maria Kravets, Director of sales EN Avenida Management. So, in Spain the annual cost of property insurance average ?300-400, France ?400-500 in Italy вЂ“ about ?500.Very popular among Europeans the island of Madeira (Portugal) insurance of property against natural disasters, force majeure and acts of third persons for Villa cost ?500 thousand will cost ?450 per year. But insured for that amount will be as the property itself, and the whole situation.The cost of the policy in Croatia and Montenegro depends on the location, type of housing and the insured event. Also plays a role, whether you have health insurance. Average insurance package in these countries costs ?500-600 per year.In Tunisia, the insurance premium for the property is included in the utilities. "In ?25 monthly utility payment insurance simply dissolves," says Maria Kravets.Interesting way to calculate the cost of the policy in Cyprus. Here, the insured must give 1,75 Cypriot pound with every thousand of the sum insured. So, for an apartment worth $ 160 thousand per annum, the insurance will cost 280 pounds, which when converted is ?500.If you buy a home loan, will need to insure their life. On average abroad, "life" rate is 0.4 to 0.45% of the loan amount. If the loan was issued on an unfinished object, we additionally have to insure and construction.If you are purchasing a property abroad, you'll probably want to go there. To do this at the check-out will be insured against accident. Moreover, in an amount not less ?30 thousand the Cost of insurance depends on the number of days of stay in the country.