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