A lot of people in the United States and the UK will be nearing retirement age this year, and will be looking to buy a second home or a retirement property abroad, where they can enjoy the sun and experience a different culture.
We tell you what are the top-5 most in-demand places out there from buyers close to retirement. If you have an overseas property for sale in any of these places, then you’re in luck, as you’re sure to get a great price for it, and in quick time, at that. Today, buyers from the UK and USA are at a great advantage when it comes to buying overseas properties for sale because of the increasing strength of the US dollar and the Pound Sterling.
So, here are the 5 popular places where people are looking to buy overseas property.
Argentina has always had a manic economy – up one minute, down the next. Property prices in Argentina are much the same. If you’d bought an apartment in Argentina in 2001, for example, when the country was in severe economic trouble and sell it today, you are likely to make 10 times the money you paid for it, at least. Apartments to sell in Argentina fetch a great price these days because more and more people are looking to buy a second home in that country, which is one of the loveliest places in the world. Classically styled apartments and large estates with vineyards are very popular among British and American buyers.
Turkey is one of the most popular tourist destinations in the world. It is a culturally vibrant country, with a great climate and decent infrastructure. Turkey is also a booming economy, because of which, if you have real estate to sell in Turkey, you will have noticed that the prices have increased by 15% since 2014. It is much in demand from retirement home seekers. Istanbul, in particular, is a fast rising city that is considered to be one of the best capitals in the world. There is a property boom in Turkey and foreigners are as keen on investing here as the locals. Any Turkey property for sale alongside the coastline will be in great demand from foreign buyers.
Not many people know about the Dominican Republic, but it may surprise you to know that it is a very popular tourist hotspot. Tourists love the sandy beaches and the perfect climate. Some tourists, especially older people from the UK and the USA love it so much that they want to buy a second home here. There is a strong British expat community in the Dominican Republic, most of them who spend only a part of the year here in their second home. If you have properties to sell in the Dominican Republic, this is something you can take advantage of.
Spain needs no introduction – it is the world’s most popular tourist destination by far. There is a strong British expat community in Spain. Americans love it as well. In fact, to own a second home or a retirement home in Spain is a matter of great privilege. If you’re looking to sell a house in Spain, then you should be encouraged by the fact that the Spanish economy is picking up and the real estate market in Spain is back in fashion. Prices are picking up and there is no shortage of rich Baby Boomers from the US or retirees from the UK who wish to buy a retirement home here.
Colombia got a bad rep for many years because of the drug cartels in that country. But since then, the Colombian government has clamped down on drug trade and the country is today safe and economically and politically stable. Colombia is also one of the most beautiful countries in the world, as many tourists from North America and Europe have discovered. Those looking to spend a part of the year here will appreciate how inexpensive and cheap villas for sale in Colombia are. Medellin is the largest city in Colombia and is one of the best places in the world to buy apartment overseas.
If you’re looking to buy or sell your overseas property in any of these countries, what you need is targeted marketing, if you’re to reach out to people who are most likely to buy it. That’s why you should hire the top UK estate agents specializing in overseas property sales, who truly get what real estate marketing is all about.