Which Country Abroad ?

[henry_london]

I would think very carefully about currencies to find the best time to buy - right now if you're paying in GBP is not a great time to look at Europe...

[carleneg]

Having worked in overseas property for over 12 years and lived out of the UK for this time, it really depends on what kind of lifestyle you are looking for as to where you move to. Spain is wonderful and the weather great, but it isnt everyones cup of tea. The coastal areas have lost a lot of the "real Spain" appeal as highly populated by British, Irish and so on.

I agree Calabria is a new and exciting place with property prices well below the national average. This is largely because previously the area was only easily accessible to the Italians themselves. Now Ryanair have started up a direct route with other airlines set to follow, it would appear all the signals are pointing towards an increase in visitors and therefore an increase in prices.

[carleneg]

If we are assuming though Henry that the pound will return to the heady heights of 2 or 3 years ago against the euro, I think we will be in for a rather long wait. I doubt it will ever return to 1.43 to the pound and if the "experts" are to be believed, I think the pound has finally found its level against the euro. In any case, its not a bad thing to have a euro investment as anyone selling a property now in Euros and realising into pounds has gained considerably.

[slavipz]

I would say that Bulgaria is the best place from the Emerging markets. Stable economy, strong currency, great nature... what else can you want ?

[Jack Lobb]

Anyone considering buying property abroad should definitely consider North Cyprus

[carleneg]

Depends on the reasons for the purchase especially in todays market! I live in Spain and certainly there are areas I would not touch here, but also some good deals to be had!

In addition Calabria is a great place and a lot less built up than Spain. For those looking to put their money into property as the banks are doing little with interest rates, then Turkey is also a good option. We have an urgent sale at the moment from an investor, his circumstances have changed and now he is selling for 30% less than what he paid for it, and 30% below the developers current prices. Check out Turquoise development in Bodrum, a 5 star luxury resort. We have full information here at First Property Choice for those interested although as completion is next month, cash buyers only! Prices 49,693 stg email

[brian]

Originally Posted by Jack Lobb

Anyone considering buying property abroad should definitely consider North Cyprus

And then face being sued by the original Greek owners of the land it is built on!

[omostra06]

For me the choice would be central Portugal , but I am a little biased! I have been here 5 years and love it.

[Property Cashpoint]

I would have to say Hawaii.

[Pippin]

Originally Posted by Paul_MN

I would love to buy in Cyprus or Tenerife but that would be for myself rather than as an investment.

Only problem with Tenerife is if the volcano erupts!!

I have lived in Cyprus for almost 5 years and love it here.
You are right that iti s best to buy for living rather than as investment at the moment as prices are unlikely to rise again for some time. However for anyone wanting to live here there are now some bargains especially resale properties.

We don't have a volcano but we do get minor earthquakes Havnt had any bad ones for a very long time.