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Investing in Property Abroad

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With the strength of the pound at a high the British are looking to invest in property but this time we’ve got itchy feet and you can hardly blame us, we’re looking for sunnier shores. But we’re not looking towards the sunny Spain or scenic France; this time round we’re looking at the ‘rising stars’ (according to the Independent). We’ve delved a little further in to the rising star destinations to see what the catch is and why they’re on the up.

1.       Poland

Rynek na Starym Mie?cie we  Wroc?awiu (Main Market Square in Old Town Wroclaw)

Situated in central Europe, Poland is the first of our newly popular destinations to invest in if you’re looking to get on the property ladder abroad. But what’s so great about Poland? Brought to our attention by the Euro’s in 2012 as co-host, Poland has something for everyone, whether it’s a city location or a house on the beach.  Poland isn’t exactly the hottest destination (it actually has more climatic changes than the UK) but it does have a short hot summer and when the sun isn’t shining you can grab your skis and head to the mountains.  Fortunately for us, the house prices in Poland have been falling since 2008, which make it an ideal investment opportunity whilst the pound is strong.  Depending on the location, you are looking at around £200,000 for a four bedroom property. Not bad!

2.       Turkey

turkey

A little further away from home but a lot closer towards the equator, this means sunshine! Don’t be fooled though, Turkey isn’t just a summer holiday destination; it also happens to have snow kissed mountains in winter. Turkey boasts beautiful beaches, vast mountains and exotic cities, it’s mainly the South West coast that British tourists flock to, however house prices can be a little more pricey here than other areas. After the rising popularity of Spain, Britain’s wanted something a little more authentic, and Turkey is just that. The living costs within Turkey is 50-60% low than the living costs of the UK, leading many Britain’s to head there for their retirement years.

3.       Montenegro 

montenegro

You’d be forgiven for not knowing where this country is, as it’s only very recently been brought to our property buying attention. Montenegro is situated in Southeast Europe, surrounded by Albania, Kosovo, Serbia and Bosnia. It has beautiful coastal areas however its more well known for its gorgeous mountains, stunning rivers and clear lakes. Montenegro boasts long summers with temperatures reaching way in to the 80°F. No wonder it attracted such well-established visitors as, Marilyn Monroe and Sophia Lauren back in the 1950’s and is now tempting the British in to buying. Montenegro ouses class and so do the price tags of the property here, depending on the location you wish to move to, non-waterfront apartments are in the region of £200,000. If you have the money available then this is the place to invest, expect big things from Montenegro.

Author Bio: Leah Jarratt is a regular guest writer for Axia FX, Foreign Exchange Specialists.

Picture credits: #1 plus.google.com, #2 globalsiteplans.com,  #3 colliers.com

Category: Investing
  • Brendan O says:

    Does anybody are conscious of a united states who made the decision to remain in the Philippines, married a filipina, after which made the decision he wanted dual citizenship or full citizenship within the PI?

    July 31, 2013 at 1:47 pm
  • Keaton says:

    This is actually the very first time I publish a tale however i made the decision which i required to have somebody pay attention to me before my inner turmoil and depression get your meals at me. I’ve nobody to speak to. I’d one very good friend but our relationship fell apart and now i’m completely alone. Allow me to support just a little and let you know who I’m. I’m a 19 years old muslim girl residing in Egypt and I have not felt like I do not belong around Personally i think towards Egyptians and ‘our’ culture. My parents are strict muslims (much like most Egyptians) however they thought that education was a fundamental part of existence and they also invested Lots of money (we’re not wealthy) into me and my brothers’ education by delivering us for an “worldwide school” where these were utilizing a similar curriculum towards the one getting used in america. My instructors were mostly foreign and even though the worldwide students constituted hardly any from the overall student body, the majority of my buddies were foreign. I had been always a shy girl coupled with very couple of buddies however i handled to reside a reasonably happy existence till I arrived at age 17. At this age I had been finishing my senior year of senior high school and that i was considered to be among the couple of students who got a’s and b’s and that i had one very good friend. My mother then all of a sudden got sick and needed to leave the nation for treatment (healthcare within our country beyond sucks), obviously it’s very pricey and extremely place a stress on us psychologically. When she returned (after 5 several weeks) it had been throughout time when programs for all of us schools were due. I’d finished my programs, written my essays, become all of the paperwork ready and all sorts of I desired to complete ended up being to spend the money for application fee to be able to submit my programs. My parents, who had formerly guaranteed to consider studying abroad into account, out of the blue completely rebuffed the concept and declined to allow me submit my programs. I had been very concerned about my mother at that time and glad doing that I didn’t persist. Next I sunk right into a great depression that for whatever reason triggered me to spread out my eyes for the stuff that are wrong with my country. I observed just how much Egyptians (by my encounters Arabs too) are really hateful and judgmental. I observed how intolerant and unforgiving they’re. I observed how hypocritical and sexist they’re. I observed how irrational and racist they’re and that i began to resent them very slightly. In The month of january 2011, the Egyptian revolution happened and that we resided currently filled with fear and worry. We’d hear tales about thugs who’d kill people, rape ladies and destroy qualities. We could not go out without having to be bothered after which blamed to be bothered! My slight bitterness increased into real hate towards my people and my culture. I’d always felt not the same as the folks around me however i never recognized how different I really was until that point. There after, I’ve this horrible feeling in the pit of my stomach and I’m not sure basically may take it considerably longer. I merely cannot reside in america. I’m not sure how you can communicate with the folks, I personally don’t like how males treat me. I personally don’t like the way the government is determining my role like a lady would be to marry and convey offsprings. I personally don’t like how nobody knows me as their culture is really diverse from mine. I seem like I’m in a condition of ambiguity where I don’t seem like I belong within my country but I additionally don’t belong holiday to a country! I’m afraid to talk my thoughts. I’m afraid to possess feelings or perhaps be affectionate to some boy for anxiety about being arrested. I’m afraid to confess that I don’t believe that homosexuality is wrong for anxiety about being disowned. I’m afraid to inform my parents that I don’t agree with the teachings of Islam for fear they may hate me forever. I suppose i needed someone to check out story… I have no idea the way i can escape this prison of the country

    August 1, 2013 at 11:57 am
  • MexicanDude says:

    Union repetition: ‘celebrating today in Durham’, ‘Thatcher destroyed the mines, plus they could be working today supplying coal for electricity saving the nation £billions’.

    Sorry Comrade, it had been the Unions that destroyed the mines. Idiots like Scargill and also the NUM, assisted and abetted through the relaxation from the Union movement and TUC, believed that they went the nation. They drove wages up and inflation over the top, they cut electricity supplies to advertise their crazy demands – others recall the 3 day week? – without any productivity rise, no reform along with a blatant disregard for that democratically chosen Parliament.

    In the event that wasn’t enough, coal couldn’t be found today, even when they were permitted to continue being a black hole within the Nation’s accounts, because, just just in case you skipped it, the Eco-friendly, Global Warming/Climatic Change and EU Lobby are closing lower coal fired Electricity Producing Stations within the United kingdom, jeopardizing another 3 day week by 2016.

    Why keep accusing Thatcher, if this was the Unions and Eco-friendly Lobby which were the assassins?

    Your ideas please.

    BB:

    It had been the NUM that declined modern machinery, modern work practises, required massive pay increases that drove up inflation – together with another Unions – and declined to simply accept that competition from abroad was making coal a defunct industry, that triggered the closure from the mines.

    The miners got 15%, the Vehicle Employees got 18%, the steel employees got 20%, therefore the miners went and also got 25% so the vicious union spiral of inflationary demand ongoing.

    Any assumption that you simply model of use is exactly that, a belief. You actually should not get it done.

    Jean:

    Thatcher opened up to everyone the opportunity to buy their properties with discount rates and financial loans. I believe you’re confusing the ERM crash – the EU forefront runner from the Euro – within the Major Years (then one Thatcher cautioned against) with Thatcher cutting taxes, cutting waste along with a flourishing economy.

    Exactly why the final Steel Mills are now being shut lower after being re-opened up? Due to CO2 costs and EU directives.

    Exactly why the final mines are close, because there’s no interest in CO2 creating non-renewable fuels.

    eighties Thatcher fought against the Unions, the nineteen nineties Vegetables destroyed whatever remained of mining and Steel and high industry with Climatic Change Scam.

    Cephalopod:

    2 from 20 were bought by Management and Employees and still open today. Wow.

    Just proves that Thatcher was 90% right and Communist/Socialist Unions were 90% wrong. Other smart, there’d become more open today underneath the charge of the employees/management.

    Actually, and that i have looked, the wages fell and the amount of miners fell, so perhaps Thatcher was 95% right.

    August 3, 2013 at 9:25 pm
  • fattiemanny says:

    But I wish to raise lots of cash. any advice ways to get probably the most I’m able to possibly get. and therefore are buy to allow billed in a greater interest.

    September 1, 2013 at 8:34 am
  • Agent 47 says:

    The estimate for tomorrow evening is £95 million

    September 11, 2013 at 10:53 am
  • brincks26 says:

    Nations like Bulgaria, Hungary and Belgium have just became a member of the EEC and therefore are growing in a extremely fast rate…could purchasing a home there function as the right factor to complete?

    October 7, 2013 at 1:32 am
  • forahobby says:

    Water fornt qualities beginning from $3000. That which you consider trading abroad?

    November 22, 2013 at 10:32 pm
  • Nathan B says:

    HI, I am searching to purchase property abroad and also have observed lots of developments happening in egypt.

    Is egypt a great spot to invest ect where are also great places to purchase property abroad.

    Thank You Danny

    November 30, 2013 at 8:52 am
  • clntvrrt says:

    Im searching to purchase property abroad inside a new up and ocming area, or somewhere in which the property market price is extremely low.

    I’ve thirty 1000 pounds capital.

    And also invest thsis profit the next home aborad.

    What places are extremely cheap to purchase property in?

    PS Im searching for hot climate nations.

    REGARDS

    30 K is exactly what i’ve like a deposit as needed im searching to invest around 110k maximum

    THANKS

    December 14, 2013 at 8:19 pm
  • lucasg615 says:

    I understand, I understand. This continues to be requested a 1000 occasions before and a few of the solutions appear very seem. But allow me to differentiate that I must see practical solutions this time around around.

    It’s nice to condition very hypothetical solutions but show us an operating and fairly realistic road to success this time around.

    Which means no “take away the corrupt political figures” or “stop being lazy” type solutions. Everyone knows individuals are pipe dreams within the Philippines given its culture and also the present collective mindset of their people.

    Besides, Singapore includes a very corrupt government (by a few accounts) but it grows fastest, just like Columbia. Each one of these nations were also decimated to dust throughout World war 2 but could unite and face their finest challenges.

    SOME Very Good Solutions BELOW. ITS Destined To Be TOUGH PICKING ONE HERE.

    December 19, 2013 at 8:08 pm
  • Alex says:

    i’m a foreigner planning to purchase Property

    December 27, 2013 at 9:47 am
  • Cupcakerum says:

    hey, i wish to get into property development/trading when i am a little older (i am 15) and wondered how to pull off it. I am not wealthy but tend to get a little of cash. i believe i will need to buy property abroad in the beginning because the United kingdom is going to be too costly. How do you understand what areas to purchase in? How do you know when you should purchase and sell? must i trust property selling websites? should i go to the area abroad before i purchase? just how much will it cost to renevate a house? Does anybody have tips about this subject?

    Help

    Thanks

    xox

    May 24, 2014 at 9:51 pm

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