Is now the time for place in the sun?

According to property ‘experts’, it is time for Britons to start considering the overseas property market once again.  Since around 2007, interest from British investors in the market was slowing to an almost standstill – thanks mainly to the weaker-than-ever pound.  But since the sterling has [slowly] begun to recover against the Euro and the US dollar, ever more Brits are returning to the overseas game.

Best are properties in Spain and the region, in the main coastal areas, according to property analysts.  For sound investment, it is best to stick to holiday/second homes rather than speculative investments.  There have been reports of houses exchanging hands at vast discounts – over 70 per cent was one claim. 

It certainly sounds as though it is time to head for the sun once more!  Before pouring capital into the overseas market however, it is best to

– gain independent financial advice

– seek a decent overseas mortgage broker

That way, you are in a stronger position with your cash.

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