The lingering question for potential home buyers during a slump is – to buy or not to buy. However, now could be the time to buy because the signs of a global recovery are underway. With advice from Graham Norwood, who says now is the time to buy now. For Britons looking to buy investment property overseas, it may be slow in the market at home. Price falls of up to 25% in Florida and more in Spain says research by Lloyds TSB. For the first time since 2007, France is showing modest price rises.
Listen to what Lloyds says,
“Many who want to see how the exchange and their money would be changed by the recession. After this recent break we assume concern in houses that are overseas to come back quite strongly.”
Below is a list of places to think about for the best holiday houses.
1.Tuscany, Italy Lake Como
Safe havens are classic favorites like these homes.Demand from Britons is reasonable despite the poor exchange rate; Italy’s prices have fallen, but not as much as in other countries. For good airports and roads the airports have a good infrastructure. These have locations that offer lifestyle investments.
2. Florida, United States
Prices are 30% more in the off peak and must rise soon. Sales in Sarasota have risen 24.2 % this year, and this suggests an exchangeon the move.
3. Tam, France
The Tam region has become popular and represents good value, as homeshave held their value on the Cote d’Azur. The location is easy to get to from more than many airports, and is just over and almost an hour from Toulouse. Properties will stay at their same value, while the prices aren’tcheap.
4. Franschhoel, SouthAfrica
Typical of an undiscovered Africa, this is the up the exchange of the Western Cape. Here is a popular destination for tourists.
5. Dominica
Housing in Dominica prices are not high, and the demand is good. The houses are appealing to hard talking bargain-hunters and are generally designed for long term homeowners who are looking for rentals and who are not in a hurry to sell.
6. Berlin
Where better for the investors, than a city many regard as the new capital. Germans rent more than they buy. Eastern central Berlin is now more chic as well as pricier than the west.
7. Hungary
There are many beautiful towns in Hungary offering cheap flats. There is an abundance of rental yield so it will be high.
8. Brussels
With their being an offer to shorts lets respond their are 5.5% here of rental yields. Proven to be resilient is the city’s housing market.
9. Malta
Many people who rent here for the winter months who are retired rent here for the winter months. Property taxes are less strict than in much of Europe.
10. Atlanta, United States
Complete with sitting social tenants and of guaranteed rent , you can buy repossessed properties at low prices.
Although, before you decide which country you would like to live in, do your research!
