| There are several reasons why people choose to | | | | having a permanent holiday base. You know where |
| buy a second property abroad. | | | | to go, what shops are available, where the best |
| Ownership of property outside the UK is increasing in | | | | beaches are and what attractions are nearby. You |
| popularity. Fuelled partly by lower house prices and | | | | dont have to waste any of your holiday time getting |
| better climates, and made more favourable still by | | | | acclimatised and your accommodation is a |
| low-cost airlines, the appeal of a second property | | | | home-from-home. Whats more, you can visit it as |
| abroad is understandable. Once the preserve of the | | | | often as you like throughout the year, and you can |
| rich, a holiday home in Spain, Portugal, France or | | | | invite friends and family to come along and enjoy the |
| anywhere in the world for that matter, can now be | | | | holiday with you, or lend it to them so that they |
| acquired easily by the majority of the UK population. | | | | have a ready-made holiday base of their own. |
| There are three top reasons that people choose to | | | | To rent to other holidaymakers |
| buy a property abroad: | | | | Many people choose to cover the costs of buying |
| To live permanently in a new country | | | | and running their property abroad by renting it out. |
| Some people move abroad for work, whilst others | | | | There are two main ways to do this; hiring an agent |
| choose to retire outside the UK. Moving to a new | | | | to rent the property on your behalf, or handling all |
| country on a permanent basis is a challenge and a | | | | the rentals yourself. An agent will take a percentage |
| risk, and so many people choose to buy a property | | | | fee, but will handle all the bookings, cleaning and |
| abroad, whilst keeping their UK home and renting it | | | | maintenance of your property. If you manage the |
| out. This means that they have somewhere to come | | | | rentals on your own, you will need to find someone |
| back to should things not work out as planned. For | | | | trustworthy who can clean and prepare the property |
| many, moving to a new country is one of the best | | | | for your customers and handle any issues that arise |
| experiences of their life. The chance to live in a new | | | | when people are staying in your property. Renting is |
| culture; learning the language, eating new foods and | | | | a very effective way to cover costs, and even to |
| soaking up the sun, is exactly what people are | | | | make a profit, but you have to limit the times when |
| looking for. | | | | you can use the property and be prepared for |
| To have a permanent holiday base | | | | damage and wear and tear to increase. |
| Some people like nothing more than the security of | | | | |