Where to buy

If you're thinking about buying your own holiday home, most probably you already have a good idea about where you want to buy and why. If you plan on renting your holiday accommodation, choosing the right location is even more important.

When you choose your holiday home you can consider that the nearer the coast the better. For the best return in income and especially capital appreciation we suggest you buy within five miles of the sea and beaches. Property in a National Park or on the coast generate most guest income and invariably have highest capital growth. The property ideally should be detached. You should consider other profitable locations such as villages and small market towns near coastline, harbours or lakes. They attract the more holiday makers who may wish to walk to the beach, pub or restaurant. Property near to essential services, garage and village shops are currently appreciating faster in capital value. Remember, if you fall in love with a property, others will too.

While buying your property you can consider also the following factors. First you can choose the climate. Many people choose to live in countries of warmer climates such as Italy, Greece, and Spain.

The second important factor is the language. Many destinations around the globe are ideal locations for property investment. One point that needs to be considered for many of these locations though is the language that is spoken.
You can consider also the investment potential of your new property. You should determine both the long and short term potential of the real estate in the chosen location. Important is also the attitude towards foreigners, crime rate, and economic prosperity.

You may also want to think about the general cost of living in an area, the environmental pollution, the quality of healthcare, and taxation before deciding on whether to go ahead with the purchase of a property.

Once you have a country in mind you need to set yourself a realistic budget. Think about the amount you can afford and then look at the country you’re interested in – where will you get the most for your money?

And finally it’s all about location, location, location.

Choose a property in a location: with easy access to motorway; near to main train links; with regular bus routes; near to a golf course; near to a beach; within easy reach of a good shopping centre, or local shops; near attractions area.

The prices of properties in some countries are soaring, and first time buyers are trying hard to be on the first rung of the property ladder. Newly discovered property markets are expanding quickly in several countries. For example, South Africa, North Cyprus, and Bulgaria are some of the countries where potential investors can get an incredible value for their money by investing in property. Other promising markets for overseas investment are: Poland, Malta, Cyprus, and the Czech Republic. Slovakia, Hungary, Croatia, and Turkey are also lining up with solid emerging property markets.

The most important is you to choose the area first. Let’s compare California and Florida for example. Just as the west coast differs from the east cost, the holiday home domain has split the touristy choice into two major segments: California and Florida. The both states are expensive and famous.

California promises to bring the sort of holiday home perfect for families, couples and friends, a take-away package that includes comfort, privacy and relaxation. You can take the Naples route and rent a holiday home with private pool, luxury spa and large living rooms, all this located in a paradise of sun, sea and nature. This way, California comes up with segment-oriented holiday home packages ranging from relaxation vacations to cultural discoveries in San Francisco and Los Angeles.

A holiday home in Florida draws heavily on bringing, together with the house utilities, a wide range of facilities and attractions. And if this means taking your children to the nearby Disneyland, or having a shopping session in the rich Tampa Bay, a Florida holiday home will give you everything you need.

When buying a holiday property for rent in Florida it is important that it has good access to the popular attractions, golf courses, and airports. The point is that a large majority of holiday makers want and look for accommodation that provides them with option to golf and visit popular places.

Another popular destination for many years has been Costa Rica for buying overseas vacation homes and this country just 3 hours direct flight form the US. It’s a beautiful, stable, peaceful, friendly country.

With fantastic nightlife and adventure sports, it offers same rights as residents on purchase, is 70% cheaper than the southern US states such as Florida and offers huge capital growth potential as well as good rental income. The best place to buy is in the region around the town of Jaco on the central pacific coast.

Costa Rica is a fantastic destination in because:1.Property prices are 70% cheaper than in the US. 2. Many investors buying in the right location are making triple digit annual gains. 3.Downside risk is low. 4.Buying property is easy and you get the same rights as residents. 5. Property tax is nominal and its extremely tax efficient. 6.The country is the proffered destination in Central America for Americans ensuring high demand.

You can consider that properties in Dubai range from simple one-bedroom flats to exclusive freehold islands, and still offer good value for money. The business and tax advantages in this country are very appealing. This is the reason why the property investors are enjoying an upward trend in long-term profits. France, Spain and Florida, the old favorites with a long history of property investment, are where Northern Europeans and Britons especially invest. These countries offer the investor potential for the growth of their real estate, whether they look for a home for holidays, or as long-term investment.

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