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Overseas Property Purchases: How to Save Money on your Dream Home

May 13, 2014 10:39 am Published by

As the Overseas Property Show visits Birmingham this month, emphasis is being placed on property in Portugal, Spain, Italy and Florida, USA, which are said to be the safest markets.

Property hotspots in Portugal include the Algarve and the Silver Coast. Albufera is an area in the Algarve that is home to world class hotels, apartments, villas and golf resorts. Meanwhile the Silver coast boasts plenty of hills, vineyards, olive trees and sandy beaches and villas here start at roughly EUR 250,000.

 

A popular location that property buyers are drawn to in Spain includes Mallorca, where one bed apartments can start from €150,000. Alternatively, the Southern Costas vary widely in style, cost and feel. Costa del Sol remains a hugely popular and relatively cheap destination for property buyers. Known for its glamorous reputation, Marbella provides the ultimate playground for the rich and famous and enjoys a beautiful stretch of coastline known as the Golden Mile. For a more authentic or “real Spain” feel, Costa Almeria is an unspoiled area that is ideal for buying a beautiful property.

Italy attracts property buyers from all over the globe. Amongst the firm favourites are the Italian Lakes. From the Lake Lugano in the West to Garda in the East, Italy is home to some truly breathtaking and stunning locations. A-lister George Clooney splashed his Dollars on a property in the fashionable area of Lake Como in 2002. Further South of Italy is Puglia, which attracts plenty of British buyers and where houses are available for under €100,000.

With its gloriously warm climate and first world economy, property buyers are flocking to Florida. Attracting millions of tourists, buying property in Florida can be a smart investment. Orlando provides the obvious choice, however it is the surrounding gate communities that buyers prefer to live or invest in. Kissimmee, Windermere and Davenport are particularly popular areas and properties can start from around $100,000 to $150,000.

Wherever in the world you are purchasing your paradise property, consider using FTT Global to convert your currency. Using our service to purchase your dream home means you’ll save up to 4% on your exchange rate compared with the bank.  This can mean thousands of Pounds in savings so you’ll have some spare cash for all those extra finishes!

Call us on +44(0) 203 603 8940 or email [email protected] for more information about how to send money abroad for your property purchase.

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This post was written by Kayleigh Driscoll

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