Top 7 Places to Buy Overseas Property in 2020

Portugal

Portugal continues to be very popular attracting real estate investments, and tourism to it’s shores and making it clear that the British will always be welcome after Brexit.

We can’t seem to get enough of its fabulous capital Lisbon or the Algarve as a favorite family holiday destination. However, for property hunters there are all types of properties available for sale to suit all budgets and lifestyle (the average property search price is £250,000) and the average budget is much higher than that for Spain and France.

 

Spain

Positive good news from the Spanish authorities about how they will treat British citizens when the UK leaves the EU has no doubt helped our love of Spain and our desire to move there. The fact that there will be access to healthcare, whether we are in the European Union or not, has been announced, of course, terms and conditions may apply for some people.

The average property search budget for Spain hasn’t really changed it was previously £130,000 and is now £150,000.

The top locations in Spain for buyers are Costa Blanca, Costa del Sol, Villamartin, Torrevieja, Murcia, Camposol, Estepona, and Condado de Alhama.

 

France

France is a beautiful country that is home to some of the most stunning landscape in the world. From the crisp white mountainous landscapes of the Alps to the clear turquoise waters and sandy beaches of the French Riviera, you have access to some of the most diverse and beautiful scenery around. Public transport and intercity travel in France is first class making it easy to get from place to place and see what this wonderful country has to offer. France has always been a good choice for overseas property buyers, and still remains very popular with the Brits buying homes there.

While the Southwest is the most popular region, we also love the northwest, the southeast Côte d’Azur and the French Alps, and have an appetite for the rural central areas where you can get a lot of land for your pound. Many overseas buyers are investing in holiday homes, according to the latest figures, foreign buyers, resident and non-resident increased by 6 per cent to 65,000 in France last year.

 

Italy

Beautiful Italy is also very popular for people investing in real estate, especially with the British and Americans, there are vast range of properties available to buy from luxury villas, farm houses, apartments, costal property, lakeside properties.

The average property search for Italy is £157,831. The United Kingdom contributed 14.45 per cent of property searches with the United States in the lead with 17.48 per cent.

So, where are the hotspots in Italy? Tuscany, Liguria, Abruzzo, Umbria, are top of our list. We can also say that, there has been an increase in foreigners moving to Tuscany and Umbria.

 

Greece

We all know about how Greece was facing an economic crisis back in 2010 – Greece has bounced back, attracting many overseas property buyers and an increase in tourism. Greece has made it very clear that the British will always be welcome in Greece after Brexit and they will help and support the British citizens in any way they can.

Greece offers so many beautiful locations to find your dream home, explore the many stunning, breathtaking Greek islands yourself with amazing beaches, friendly local people that welcome you with open arms, safe environment, but clearly buyers are more confident than they were nine years ago. Just don’t bank on airlines flying to most island locations outside the May-October season (although Crete is an exception).

 

Cyprus

The British love affair with Cyprus is enduring and we are still active in the markets around Paphos, Larnaca, Protaras, with our recent visit to Cyprus two weeks ago the Cypriot economy is motoring and the island’s golden visa and citizenship-through-investment schemes are drawing investors from around the world. An all year round warm climate means it is still beach weather even in December and the warm Cypriot hospitality helps to maintain our interests and low buying costs add to the attraction.

There’s a huge range of properties available in Cyprus from a small apartment to affordable villas close to marinas and great beaches. Also, there are plenty of luxury villas on new developments with infinity pools.

 

Bulgaria

Bulgaria has crept back onto the buyers radar over the past two years, The country’s economy has been doing well, and also the tourism. If you have a limited budget to spend then Bulgaria is a good option. The average property search is from £30,000. to £45,000.

There are plenty of apartments for sale on the Black Sea Coast’s Sunny Beach, or in the ski resort of Bansko for £19,000 to £25,000, whilst there are attractive pretty rural properties in popular areas such as Velika Tarnova. The capital Sofia is more expensive.