Your villa is complete and the developer is wanting the final payment, but you are not entirely happy with the finish. Do not pay until they agree to correct the faults. Now you are in what is known as the "snagging" period.

When you buy overseas property off plan you know what to expect, right? What if the interior specifications don't quite meet your high standards or they differ from what you saw in the glossy marketing brochures and video presentation. Can you change the developer's kitchen for a foreign made brand instead of the local one? Don't worry...developers are human too.

When you buy a new property most developers will offer you a furniture package. The average furniture package will cost you somewhere around US$35,000 and will include everything you will need for your new home including the cutlery. Remember the developer, will be making a profit on the furniture package, but if you are an investor or just too busy to do it yourself, it is an obvious choice for most property purchasers.