![]() |
Overseas property for sale and homes abroad has become a worldwide business over the past decade with thousands of people from all nationalities ready and eager to move from traditional homestead areas to pastures new around the world.
Last week the office of National Statistics announced that over 255,000 Britons left the UK in 2005 to live abroad thats an increase of over 12% on the previous year. Factors that have contributed to the UK's growing trend of owning a holiday home abroad include
- Higher earnings - higher national wages
- Rise in UK property values - many people have used equity in their existing property to buy abroad
- Low Cost Airlines - cheaper flights from Ryanair and Easyjey have opened up cheaper travel
- Poor Pension Performance - many people have taken control of their pension funds to manage personally on buying property abroad
- UK Property Ladder - many young people are turning to overseas property in an attempt to get onto a property ladder as the UK market spirals out of their reach
- Lower cost of living - in most countries abroad the cost of living is cheaper than in the UK
The list above is by no means exhausted but shows the main reasons why British people have continued to invest in overseas property over the past decade.
Property Abroad the company receives over 3,500 enquiries each month from prospective purchasers of overseas property. Investors and people keen to join the ladder on new and emerging property markets abroad have perhaps gained the biggest growth over the years. However, with new areas like Bulgaria, Croatia, Brazil, China, Romania, Cape Verde and more coming to the market there are still numerous opportunities for would be property investors buying abroad.
Overseas Mortgages
As with UK mortgages the overseas mortgage market has advanced in line with the growth of overseas property to offer buy to let mortgages on overseas property as well as specialist and higher loan to value (LTV) mortgages to enable the easier purchase of property and land abroad. Some of the larger developers in countries abroad have even entered the mortgage market themselves by offering bespoke mortgage products on their own property developments. Off plan property has proved an attractive option for investors in this way by enabling investors to buy more than one property using smaller deposits and with the advantage of being able to sell the property prior to completion many investors have doubled even trebled their initial investment. We have teamed up with Braclays for details
Leaseback Properties
Lease back properties are also proving very popular with investors and people keen to get on the overseas property ladder. Buying a property this way enables the investor to be guaranteed a % yield (return from rental income) each year for periods often up to 15 years. There can be very little or no personal use of the property during this period but it is an ideal way to join the property market with only an initial deposit and mortgage payments in most cases can be covered by the guaranteed rentals in place for the period. We have over 70 leaseback properties on offer in France ranging from £38,000 upwards.
Off Plan Property
Buying a property off plan has obvious benefits and risks but can also be very lucrative especially if you buy on the opening phase and keep the property until the development has been completed. Many investors buy on the first phase and sell to buy on the 2nd phase and so on until in larger developments they have possibly purchased their property outright through buying and selling on previous phases. We have over 170 off plan developments to choose from in many countries abroad all representing excellent value for money.
Auction Property
Mention the word "Auction" and everyone's ears pop up, we can't help it, its human nature we all want a bargain. Buying a property at auction can be the cheapest way to get into the overseas property market. Properties can be repossesed, offered to auction as the sellers are desperate to sell, legally confiscated or the subject of a court order. Buying a property at auction can be fun - but be careful, check the details of the property, don't over commit yourself and know when to stop bidding. Our sister companies Auctions in Tenerife and Worldwide Property Auctions both have an array of properties for sale by auction. We also have a selection of auction properties on our site, click here to view them.
Mobile Homes
With overseas property becoming so much sought after its natural that this has driven up the prices over the years. However, there is still an affordable way to own and live abroad - a mobile home. We have been selling mobile homes in France and Spain for many years now and have seen a marked increase in people opting for this kind of purchase as opposed to the traditional methods. We have 2/3 bedroomed mobile homes abroad for sale on freehold and leasehold land in France and Spain starting from as little as £16,700 all in. To see some of the deals on offer visit our mobile homes pages.
For Sale by Owners - FSBO
Lastly FSBO or for sale by owner means that you can save on any real estate agency fees and negotiate direct with the owners on a number of issues. Owners are keen to sell for whatever reason and if you are in a buying position that is sure to give you an edge, make sure that you agree a suitable price and what contents are included before you place a deposit and get everything down in a contract. We have listed property for sale by owners for a number of years now and a full list of availability can be found on our For Sale by Owners webpage.
Latest Overseas Properties Added
Recently Added |
![]() |
