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FSBO
FSBO (For Sale By Owner) property web site in Abu Dhabi, UAE
Abu Dhabi is the largest of the seven emirates that comprise the United Arab Emirates and was also the largest of the former Trucial States.
Abu Dhabi is also a city of the same name within the Emirate that is the capital of the country, in north central UAE.
The city lies on a T-shaped island jutting into the Persian Gulf from the central western coast. If you are looking for property for sale in Abu Dhabi there is a wide choice for the private purchaser and the investor.
An estimated 1,000,000 people lived there in 2000, with about an 80% expatriate population.
The Emirate has approximately 70% of the country's entire wealth. Al Ain is Abu Dhabi's second largest urban area with a population of 348,000 (2003 census estimate) and is located 150 kilometers inland.
Is there a FSBO (For Sale By Owner) property web site in Abu Dhabi, UAE?
The reasons why investors usually buy cheap
property for sale by owner in Abu Dhabi, UAE
(FSBO) is because this can offer some unique advantages, but it also comes with some risks.
Buying cheap property for 'Sale by Owner' is usually down to a lower price, there are No Agent Fees, as sellers often price FSBO properties lower because they're not paying a real estate agent commission which can be 5-6% of the sale price.
As a buyer or investor, there may be room to negotiate a better deal directly with the owner, which may allow for more flexible terms and quicker and easier negotiation.
If the property is undervalued due to being in poor condition or in a transitioning neighborhood, renovate to hold and build equity over time could be viable.
FSBO properties are often marketed less aggressively, meaning fewer buyers may be aware of the
listing
, and these properties are ideal for investors or looking to buy at a low price as FSBO deals are often below market value when requiring attention.
Often the question would be is there a FSBO (For Sale By Owner) property web site in Abu Dhabi, UAE, where owners can sell direct to
international investors
, and the answer is yes with IPD, a
leading listings portal
. But with FSBO there is a higher risk of errors in paperwork or missing disclosures can though occur, so due diligence is required at all stages, and hiring a real estate attorney for the legal aspect is essential.
If you are an experienced buyer or investor, have cash on-hand or good options on financing, buying cheap property in Abu Dhabi, UAE that is for 'Sale by Owner' can be an option.
How to buy, sell or rent properties in United Arab Emirates:
How to buy a property
How to sell a property
How to rent a property
Real Estate Agents and Property Developers in Abu Dhabi, UAE
Real Estate Companies
Development Companies
Useful Links and Information
Official United Arab Emirates Government Website
International Property Directory (IPD) Online Since 2003