Overseas Buy to Let

Overseas Buy to Let is becoming increasingly popular and Britons are buying homes abroad in increasing numbers.


Overseas Buy to Let

According to the British Office of national Statistics almost 250,000 households have invested overseas. The total has increased most rapidly during the last year as buyers rushed to snap up bargains. As buy-to-let has become popular within the UK in recent years, now experienced investors are looking abroad for more investment opportunities. The fact that other forms of investments such as shares, pensions, and so forth have performed poorly has fuelled the rush into overseas property investment. Spain, France and Florida are the favourite destinations but investors are also looking at South Africa, New Zealand, and Brazil. Investors will look anywhere where prices are cheap and rising.

When the property market in the UK slows, so investors look overseas where younger property ,arkets provide good capital gains and rental potential.

Spain is the most popular place for Brition to buy overseas property. Around 70,000 properties in Spain are British owned. France is also popular with over 50,000 properties owned. Over 5,000 properties are owned by British in Portugal and nearly 3,000 in Italy. Other countries include the US, Australia, New Zealand, Canada, India, Pakistan, South Africa, Sri Lanka, and the Caribbean.


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