International Property lifestyle

International Property lifestyle

As yet another wet British summer comes to an end, many have starting thinking about next year's family holiday. While others have lost patience with the great British climate and developed an interest the overseas property markets.

Imagine, an endless summer. Sunny days beside the pool, soaking up the sun while relaxing with a cold beer. Then taking a moonlight stroll on the beach before heading home for a Barbeque. It is pretty easy to imagine how good life could be in a sunnier climate.

In Europe and other emerging market locations the prices are significantly less that the UK. The current UK housing market has made it virtually impossible for average wage parsons to purchase a house without facing a lifetime of debt and interest payments. The current overseas property market has given people of all ages an opportunity for property ownership and considerable capital appreciation.

What is the cost of living? Well, how long is a piece of string? In many ways it is dependant on the lifestyle that you aspire to have. Generally speaking the cost of living in European locations is 30-40% less than the UK, after rent or mortgage costs. The cost of living in emerging market locations like Cape Verde, Morocco, Brazil and Thailand would be approximately 50-60% less than the UK, which is what makes them such a viable investment option.