In this issue...
This month we stop by the Canaries, a long-term favourite of the British when it comes to holiday homes that come with year-round weather and great rental returns. We give you a run down of Tenerife, Lanzarote and Fuerteventura and what's currently on offer.
We end our series on property in Egypt with a look at the three lesser-known resorts of Port Ghalib, Soma Bay and the La Siesta Mountain Resort on the Red Sea and kick-of our next series, searching for the perfect property in the Caribbean with a look at St Kitts and Nevis - two small islands where development is discreet but the lifestyle is typically tropical.
There's an update on fractional ownership and the different routes to ownership it covers and we take a look at Brazil as a property investment hotspot.
There’s also our pick of the best properties or sale from around the world in 'Hot Properties' plus many more to boot in our property directory, plus the usual comment from Amanda Lamb, who tells us why the perfect holiday home can be as elusive as the perfect man but how anything can be achieved.
Features in this issue
Brits wind up working as property agents abroad for all sorts of reasons and many have great stories to tell. This month we meet the husband and wife team of Phil and Eileen Hardy, who sell homes in Paphos, Cyprus
This month’s Brits offering rental accommodation to holidaymakers are a family who turned their backs on a busy London lifestyle to open a gîte complex on the west coast of France.
Our experts answer your rental questions: I have a gîte in Brittany that I would like to rent out but
am unsure of a few things when it comes to asking for payment. How much
should I ask for as a deposit, when should I ask for it and when should
the remaining balance be paid (I’m guessing before the guests arrive,
but how long before)? Also, should I take a refundable deposit to cover
breakages or damage and typically under what circumstances could I
justify keeping some of that deposit?
Our experts answer your currency dilemmas: I’m
searching for a property in Italy, to purchase sometime later this
year. I’ve seen that the exchange rate has been as high as €1.20 and as
low as €1.10. I know about forward contracts, but worried if I fix the
rate now it might then go back up! Are there any other options or is it a
case of just leaving it to chance?
Our experts deal with your finance conundrums: I am in the process of moving to Australia and want to know
what to do with my stocks and shares ISAs. Do I have to cash them in or
do I have the option to transfer them?
We answer your legal queries: We cannot afford the final payment due on our terraced
bungalow in Spain, which is €128,000 (£113K) including all fees. The
developer has not defaulted in any way and I’ve been in touch with them
on numerous occasions to see if they could give our money back without
going through the courts. However, all they do is tell me to get a
lawyer but we cannot afford to pay out €5,000-€10,000 (£4,420-£8,850)
for this. Also, I understand the value of the property has fallen to
around €98K (£87K) – we bought in June 2007. Any advice welcome...
Preparing a holiday home abroad for the rental market takes a lot of organising, especially when you live in the UK. We asked reader and rental-virgin Rowena Sait how she maximised her time in Cyprus when she visited last month to kit out her new townhouse for paying holidaymakers...
Opportunities to buy a fraction, or share, in a property or property “club” are on the rise. One law firm that specializes in this type of ownership is Irwin Mitchell Abogados, so we asked Alex Radford, a lawyer there, to answer some frequently asked questions about owning this way
Tucked away in the South-West corner of the Gulf Coast, Naples and its environs is one of Florida's most understated and exclusive areas. Here's what's waiting for you...
We kick off our series on the Caribbean with St Kitts and Nevis, two small gems where the development is discreet and the lifestyle authentic.
Six years ago Laura Çetinkaya, 34 and from London, quit her City job and headed to Turkey for a career break. She never came back and now, after marrying locally, helps run a boat charter firm in Altinkum.
Meet Jane Ebeling, one of a growing number of British retirees moving to Turkey. For anyone thinking of doing the same, we spoke to Jane about her relocation "journey", which culminated in her moving into her new home in Kalkan jsut weeks ago...
Many second homeowners don’t realise just how much their rights as a landlord differ abroad from here in the UK. Here we warn of the repercussions of not planning your rentals properly and outline ways of navigating overseas tenancy laws.
This month our tour of places that appear on the British expat’s radar takes us to a pocket of southern Spain with a rich Moorish past, pretty mountainside villages and authentic lifestyle.
Anyone looking for a buy-to-let holiday home should consider the Canary Islands, a long-term favourite for both British and continental holidaymakers, with solid year-round returns. We check out the main options…
The perfect holiday home is as elusive as the perfect man, but compromise and you can still be blissfully happy together...
Brazil’s developing real estate market has been well publicised, but where do you start if you want to tap into it?
To point you in the right direction, here we home in on two areas and highlight different types of investments available in each
So far in this series we’ve looked at Egypt’s tourism hot spots, but what if you don’t want to share your holiday home with legions of package tourists?
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