World Overseas is designed to be an independent high street property showroom and will provide access to a complete range of related services including legal and tax advice, overseas mortgages, currency transfer and insurance services in addition to selling properties worldwide.
Set up by former telecoms executive Vas Agridhiotis, it is hoped that the £1.5m venture will become the first national overseas property chain in the UK.
Set up by former telecoms executive Vas Agridhiotis, it is hoped that the £1.5m venture will become the first national overseas property chain in the UK.
Mr Agridhiotis decided to set up the business after experiencing problems when trying to buy a property in Cyprus. He found that those interested in buying overseas did not receive the levels of service and support expected for such an important transaction.
Traditional UK estate agents offered a very limited choice of properties, had little or no "on the ground" knowledge of the areas in which they were selling property and were unable to offer support in other essential parts of the property transaction, including legal services and assistance with funding.
He said: "The British public are genuinely interested in buying overseas property, but it's just not that easy to do. There are no permanent high street specialists who are solely dedicated to multiple overseas locations. We want to improve people's confidence about the idea of buying abroad by raising the standards and introducing a higher level of professionalism. We can advise and provide support to buyers, that's what A World Overseas is all about."
The company's first town centre showroom is located in Harrogate and will be followed by a second opening in the North East later this year, with additional sites selected across the North and Midlands.
Private equity backing has guaranteed that plans are already in place for further showrooms, ensuring the company is well on its way to achieve its plans of national coverage.
"Buying overseas isn't just for the wealthy, and although we have some of the world's most exclusive developments within our portfolio, we also have some very affordable investments that give people a foot on the overseas property ladder." Mr Agridhiotis added.
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