Now that the global property market is picking up, more UK buyers are looking to purchase overseas for investment and retirement purposes.
Prices in countries such as Spain are at rock bottom at the moment and there are some bargains to be had, particularly in the more rural areas where prices were already lower than coastal properties.
Rural properties are appealing to people who do not want to take part in city life, as a home in the country is perceived to offer a better quality of life and provide a less stressful environment to work and live in. Prices can also be lower, making it a more affordable option.
But there are many potential pitfalls if you do not carefully consider any purchase, so make sure you do not get caught out by the different rules and regulations.
House prices grew by 3.8% on average in the EU last year and the construction volume increased by 0.8%. These positive figures show that European residential property is now truly on its way to recovery.
The recovery stage of the property market cycle is the most favourable time to buy a new home as prices have reached their lowest point and are just starting to grow again.
The currency market is notoriously volatile. Negative rate movements could derail your property purchase.
Whether buying or selling overseas, using a currency specialist to transfer your money could save thousands.
In 2015 the Office for National Statistics released figures that showed that 51% of the population in England and Wales is single. The demography of these nations has shifted significantly over the past decade and companies and services are racing to keep up with the new shape of modern society. So why are single person supplements of between 10% and 100% of the standard accommodation rate still so widely used by the travel industry?
You haven't found the right construction plot yet? This is a small choice of good plots for construction throughout the Algarve, Portugal, but we have many more in our portfolio.
Please contact us for detailed information regarding these, or any other of our properties.
As the sun is showing its spring power, we are sitting outside with a nice glass of wine enjoying the light breeze from the Ocean. It is a beautiful time to travel to the Algarve!
Please feel free to visit us while you are here and schedule with us viewings for the properties of your choice!
The hopeful predictions of a real estate recovery for the world’s favourite tourist destination have come true, which is excellent news for both sellers and prospective buyers who can still find property before the prices really start climbing.
Spain’s real estate market continues to impress industry experts after officials released excellent annual results for 2015.
This completely refurbished fantastic four bedroom, four bathroom detached villa is built from an old Portuguese style villa situated on a large 7000 m2 plot.
With simply fantastic views over the Portuguese coastline and countryside this property MUST BE SEEN, the first to see will buy!
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