Overseas PropertyOverseas property An increasing number of people in wealthy nations are buying property in other countries to use as holiday homes, retirement homes, or as an investment. The most popular places to buy overseas property are in hot countries, in tourist resorts, by the coast, or in cities. Many people from the UK and elsewhere in northern Europe have bought property in southern European countries, most notably Spain, to use as holiday homes. More recently, people are investing in houses in Eastern Europe in the hope that the low property prices there will increase in the future, particularly as those countries gain membership of the EU. Many countries welcome the influx of foreign property owners as it brings with it foreign money and is often beneficial to their domestic economy. Others are more wary, and may have legislation to limit foreigners' property-owning rights or even to prevent them owning property altogether. Here are some overseas property specialists. Haversley Overseas Properties is a UK-based company featuring investment opportunities in 17 countries. With 20 years experience in the industry it has a unique ability to target the most exciting and affordable properties, in all of the most sought-after locations around the world. Returns to the investor can be as much as 400% over a five-year period. Its complete service includes financing, legal advice, currency, taxation and property management. BulgariaForever.com specialises in marketing properties in Bulgaria. As we are independent we are able to market the widest selection of developments across Bulgaria. With Bulgaria having just entered the EU now is a great time to purchase; prices range from £14,500 to £150,000 with growth predicted at around 25%. Affiliates benefit from excellent conversion rates and incentives such as heavily subsidised inspection trips (£149pp) . This is a snippet Click to read more
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