| The UK has seen steady growth in the overseas | | | | property. |
| property market. The traditional buyer has always | | | | Travel industry makes the Brits more |
| been a couple in their fifties heading retirement. | | | | adventurous. |
| Moving abroad and retiring to the sun is a | | | | The travel industry in the UK is proactive in |
| common desire amongst the British and this still | | | | finding new destinations for the more adventurous |
| remains. Spain and France and Florida are the | | | | British holiday maker. The link between successful |
| typical locations for these types of overseas | | | | tourism and emerging property markets is no |
| property buyers. However this profile is changing | | | | more clearly defined than in Africa. Growing |
| and it is changing for a number of reasons. | | | | numbers of tourists in search of new discoveries |
| Overseas Property investors | | | | unspoilt by the commercialism of the usual holiday |
| The British have done very nicely in the UK | | | | hot spots are creating emerging property |
| property market with many homes doubling in | | | | markets. Tour operators are contributing by |
| price over a 10 year period. The Buy to let sector | | | | providing cheaper air fares, whilst specialist tour |
| of the UK market is so big that many economists | | | | operators serve to enlighten tourists about Africa |
| feel that property investors are in part | | | | as a holiday destination. One such destination is |
| responsible for consistent house price increases. | | | | Cape Verde barely known until a holiday |
| UK government interventions have failed to slow | | | | programme named the West African country a |
| the climb of housing prices; this could well be | | | | desirable holiday hot spot. Cape Verde now |
| attributed to property investors who are so keen | | | | attracts huge inward investment from property |
| on expanding their portfolios they are not | | | | investors keen to get in on the act at an early |
| perturbed by the odd interest rise. These | | | | stage. Many investors feel that an investment in |
| investors are now looking to property abroad for | | | | Cape Verde over a 5 year period will see them |
| larger capital returns. The type of buy to let | | | | double their money. |
| investor is so broad that it is difficult to give a | | | | Living abroad working at home |
| profile. These investors range from a single | | | | Technology has made working from home a |
| person who has now moved to their partner's | | | | viable option for many office bound workers. |
| property and has let their own premises to | | | | Business will soon catch on that employing this |
| builders, lower income individuals who own their | | | | type of worker will save them money on |
| local authority home, to high flying city bankers. | | | | business premises and many see it as the future. |
| What ever the profile they have all seen good | | | | Well the future has arrived with UK agents seeing |
| gains in their UK investment property and want to | | | | buyers prepared to live abroad whilst working for |
| do the same overseas. Many regions from the | | | | a company based in the UK. Trips to the office |
| emerging markets such as Bulgaria, Romania, | | | | are planned in advance and with low cost airlines |
| Croatia, offer such low prices that buyers now | | | | and faster rail travel it offers a real opportunity to |
| include individuals that do not own a home in the | | | | get away from the rat race. |
| UK | | | | Living abroad is now easier. |
| Young Brits want a home even if it means it's | | | | A Brit who lives abroad can be surrounded by |
| overseas | | | | the things they love from home. Football, |
| The young are having a hard time getting on the | | | | shopping, speaking to friends and relatives are all a |
| British property ladder . British Mortgage lenders | | | | lot easier and cheaper than 10 years ago. |
| realise that soon their will be no first time buyers | | | | Globalisation means that many of the products |
| and no business if they do not act to help. | | | | Brits love such as Cornflakes, designer shoes, PG |
| Recently lenders sanctioned new lending criteria | | | | Tips Tea, Heinz Ketchup, Pizza, and Beer are all |
| which mean buyers can borrow 5 times their | | | | available overseas. So who misses the comforts |
| salaries in the UK. This has been a lifeline for some | | | | of home? Anyhow low cost travel makes being |
| and it indicates how hard hit the young are in the | | | | home sick less likely and sunnier climates make |
| UK. The prospect of 30 year mortgages that | | | | the move irresistible. |
| take a huge percentage of your salary has not | | | | UK companies are relocating to overseas |
| been everyone's idea of fun. Young people are | | | | locations |
| more than happy to rent and get their foot on | | | | British companies and those companies that have |
| the property ladder abroad. This gets them an | | | | offices in the UK are hard hit by rising rents and |
| investment that in 5 years could allow them to | | | | property prices. Foreign governments want these |
| enter there own housing market. | | | | blue chip countries paying taxes and bringing their |
| Low Cost airlines from the UK are playing their | | | | high spending employees to their shores. Dubai for |
| part. | | | | example offers tax free zones cheap cost of |
| Low cost airlines which are sometimes know as | | | | living and a real desire for foreign investment. This |
| no frills airlines are so popular in the UK that barely | | | | is proving hard for companies to resist. Overseas |
| a month goes by without one of them announcing | | | | property buyers are now made up of those who |
| a new route. These airlines target destinations | | | | have relocated owing to company relocation it |
| which are popular and tend to use the less popular | | | | makes more sense to buy property rather than |
| airports in that region. Airlines such as , Easy Jet, | | | | rent as the employee is set to win on their capital |
| Ryanair, and BMI Baby, are making cheaper | | | | investment. |
| overseas property locations accessible by the | | | | The future for the overseas property industry |
| British public at the price of a 10 minute ride in a | | | | The Brits appetite for overseas property |
| London Taxi. It's good news for buyers and | | | | appears set to increase as overseas lenders |
| better news for property owners and is definitely | | | | become more daring allowing smaller deposits and |
| playing its part in the attraction of overseas | | | | better lending rates. |