This website is based in the UK but even if you live somewhere else most of the articles will be of great use on your journey to owning a property abroad.
There are many reasons to dream of living in another country and owning an overseas property. You may be driven by cultural, social, climatic or personal reasons, but whatever the reason you are not the only person to have this dream. As our population swells with migrants from other places its worth remembering that an estimated 200,000 Britons leave the UK every year for foreign countries. This has led to a huge demand for property abroad, including overseas property to purchase, rental properties and plots of land for self build projects. The highest demand for British people seeking property abroad is in Europe, particularly in Spain, France, Turkey, Greece and the emerging eastern European nations.
In some cases people are buying property abroad for investment purposes in countries such as Bulgaria and Romania. These marketplaces will be covered in this site, but for now let's ask the basic question:
Why buy a property abroad?
Here's a common scenario. Bill lives and works in London and embarks on his annual holiday to Spain. He has rented a villa overlooking the sea for his family for two weeks and they can't wait to get there. After a day or two to settle he relaxes by the pool with his wife and family, the sun is shining and all the drudgery the daily grind vanishes into memory. He thinks about how much he dislikes his job, how bad the weather is at home, how crime is on the increase and the cost of living in the UK. He sips his pina colada and says to his wife "wouldn't it be wonderful to own our own property abroad".
You may laugh but the dream of owning overseas property often starts in this way. We may be enjoying ourselves so much we simply want it all the time. In the past those feelings would have been restricted to the holiday, but changing times and increasing property values in the UK mean owning a property abroad is no longer out of the question. It is a definite possibility.
Perhaps you have had a similar experience, or perhaps you have been seduced by the many television programmes that promote living abroad or owning your own overseas property. Whatever your reasons, and however your own dream began, now is the time to put practical considerations first and decide if your dream of owning a property abroad can become a reality.
There are many reasons to dream of living in another country and owning an overseas property. You may be driven by cultural, social, climatic or personal reasons, but whatever the reason you are not the only person to have this dream. As our population swells with migrants from other places its worth remembering that an estimated 200,000 Britons leave the UK every year for foreign countries. This has led to a huge demand for property abroad, including overseas property to purchase, rental properties and plots of land for self build projects. The highest demand for British people seeking property abroad is in Europe, particularly in Spain, France, Turkey, Greece and the emerging eastern European nations.
In some cases people are buying property abroad for investment purposes in countries such as Bulgaria and Romania. These marketplaces will be covered in this site, but for now let's ask the basic question:
Why buy a property abroad?
Here's a common scenario. Bill lives and works in London and embarks on his annual holiday to Spain. He has rented a villa overlooking the sea for his family for two weeks and they can't wait to get there. After a day or two to settle he relaxes by the pool with his wife and family, the sun is shining and all the drudgery the daily grind vanishes into memory. He thinks about how much he dislikes his job, how bad the weather is at home, how crime is on the increase and the cost of living in the UK. He sips his pina colada and says to his wife "wouldn't it be wonderful to own our own property abroad".
You may laugh but the dream of owning overseas property often starts in this way. We may be enjoying ourselves so much we simply want it all the time. In the past those feelings would have been restricted to the holiday, but changing times and increasing property values in the UK mean owning a property abroad is no longer out of the question. It is a definite possibility.
Perhaps you have had a similar experience, or perhaps you have been seduced by the many television programmes that promote living abroad or owning your own overseas property. Whatever your reasons, and however your own dream began, now is the time to put practical considerations first and decide if your dream of owning a property abroad can become a reality.