Top 6 European Destinations to buy Overseas Property in 2022

Posted by admin 16/03/2022 0 Comment(s)

Spain

Spain is still our top choice for a vacation house, and the market has rebounded well in the last year. Customers have returned in full force following Brexit, and there is a strong desire to relocate to the country sooner rather than later. The pound's value may have fallen slightly, but nothing can alter Spain's excellent lifestyle, sunny sunshine, and reasonable houses.

The southern Costa Blanca's lower-cost areas, Torrevieja, Villamartin, and Camposol, are our top three Spanish destinations this year due to affordability. Almeria, Mojacar; Bedar; Arboleas; and Albox are all included in Spain's top ten most popular destinations.

 

 

Portugal

Portugal is expected to have a successful year and is a popular destination for foreign property buyers, particularly those from the United Kingdom. Madonna just purchased a property in the adjacent town of Sintra, and Porto, the country's second-largest and second-most-populous city, is a must-see. Madeira is likewise rising in popularity as an alternative to the Caribbean in Europe. Pedrogao, a city on the Silver Coast, is one of our most popular destinations.

Algarve properties remain popular with British purchasers, and the most popular areas are in the Algarve region, including Lagos, Albufeira and Vilamoura, Loule and Tavira in the "Golden Triangle," and Praia da Luz in the Algarve's eastern region.

 

 

Greece

There are scores of gorgeous, undeveloped islands in Greece surrounded by picturesque small harbours and topped with whitewashed cottages that gaze out over turquoise, crystal blue waters. A vacation on the Greek Islands is hard to beat. Although Greece has a large debt load and many problems remain unsolved, international property buyers have returned to the islands that provide an attractive combination of magnificent beaches, historic history, friendly locals, and traditional fishing communities.

Prices have fallen by 30 percent in several areas, and Greece's "Golden Visa" plan (€250,000) has enticed non-EU investors to the islands, despite the lack of mortgages. The recession has halted the construction of huge vacation property projects, but flights to the islands continue to increase, making it easier to rent out holiday properties.

 

 

Cyprus

Cypriots may think that the previous five years have been difficult for the island nation of Cyprus, but in reality, the bailout is already complete, and the country didn't even require it all! Foreign investors haven't been discouraged, though, thanks to year-round warm weather and frequent flights. The Mediterranean's largest island attracts British property buyers because of its year-round warm temperature, mild winters, historic history, and well-established tourism infrastructure.

English is widely spoken, and the well-known judicial system has two major advantages. The red post boxes, driving on the left, and a welcoming attitude toward tourists from the United Kingdom are all remnants of the British administration. Cyprus's "Golden Visa" programme, which offers residency permits to non-EU investors who acquire new property valued at €300,000 or more, attracts many British residents.

On the southwest coast of Cyprus, the area of Paphos is particularly popular among British property buyers because of its picturesque harbour, resort, and UNESCO World Heritage Site.

 

 

Italy

We can't get enough of Italy, whether it's a Tuscan farmhouse, a Sardinian villa, or a Lake Como-view condo. They include George Clooney, Helen Mirren, Sting, and Ed Sheeran, all of whom have purchased properties in the area.

It's no surprise that this culturally rich and aesthetically pleasing country continues to rank within our list of the greatest places to spend time away from the property. Due to low-cost flights (not only Ryanair!), travellers may also now easily access a wide range of old hilltop villages, mediaeval cities, and characterful farmhouses, all of which are now more inexpensive due to the country's gradual increase recovery from the global slump.

 

 

France

Even in the cheapest parts of France, purchasing a property isn't only about the money but rather about the allure of the Gallic lifestyle. In the most visited country on earth, you have a plethora of options, from the maritime climates of the west and north to the Mediterranean climates of the south and east, to the microclimates of the Alps, Pyrenees, and Massif Central mountain ranges. Spain is the largest nation in Western Europe and the most visited country globally.

This year's must-see destinations in the southwestern region are the Dordogne, the Charente, and the Haute-Vienne. The Cotes d'Armor in Brittany and the Languedoc are also included (Herault). Interestingly, Finistere in Brittany and Cantal in Auvergne also make our list of top movers, indicating that pricing is likely the most important consideration for overseas house purchasers. You can contact us to buy or sell your overseas property and for the most recent information and guidance regarding property purchases in the above countries.

 

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