| creasing number of people are choosing to buy a | | | | your costs and, if carefully planned, can actually |
| home abroad. For many, it is a chance to take | | | | make some profit. In order to rent your home |
| advantage of better climates and winter sun, | | | | successfully, you need to make sure that you |
| whilst for others, it is an investment to help with | | | | have a home in an area that people want to visit. |
| retirement funds. What are the benefits of buying | | | | Check out average rental rates, and what people |
| a home abroad? | | | | expect from properties your size. You will only |
| Retirement | | | | achieve the top rental values if your property is |
| It is the dream of many people to have a home | | | | properly equipped and presented and if it is in an |
| in the sun when they retire. A property in Spain, | | | | appealing location. This is one of the reasons why |
| France or Greece allows them to move | | | | you should always visit the country and area you |
| permanently to a new country, or to spend the | | | | are thinking of investing in before committing |
| winter months somewhere warmer. If | | | | yourself – you could discover that your |
| you’re thinking of buying a home to live in | | | | rental potential is far less than you thought. |
| either part-time or full-time when you retire, then | | | | A holiday home |
| you need to think about location, current property | | | | The security of knowing you have a comfortable, |
| price and re-sale value. You may also need to look | | | | accessible home for your holidays each year is |
| at tax, pension and inheritance issues, particularly | | | | very attractive for many people. Once you have |
| if you are going to be making a permanent move | | | | found a location you love, it can seem like a great |
| to your new home. | | | | idea to buy a second home so that you can |
| Holiday rental | | | | enjoy your holiday in the same place each year. |
| Many people invest in holiday property for its | | | | Lending the property to family and friends means |
| rental potential. In most cases, the money made | | | | that you can get together for special occasions |
| from renting a property abroad easily covers | | | | and celebrations. |