Overseas property

Tourist areas are still the most popular but there has been a change over the last two years driven by a number of factors;

The cost of purchasing property overseas; it goes without saying that property in tourist resorts is more expensive than property in rural areas and with the lack of funds available to overseas property investors during these harder times it is easy to see why so many people have opted for this.

More people are moving for a quieter life and a rural property offers this option, a quite retreat in the country while enjoying a warm climate is certainly a big factor.

Living costs: again life in the countryside is considerably less expensive.

The British have led the charge south and to some degree east, in Europe the east offers some great investment property opportunity if done correctly.

The south of Europe has been pretty much about Spain in the past however in recent times with the crash of the Spanish property market Portugal has risen in popularity and it is hard to see that reversing.

Now is an excellent time to invest in overseas property with prices very much down from the peak and a slow recovery starting to take shape.