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Thursday, February 16, 2023
HomeTipsIn the event you had £1m, the place would you make investments...

In the event you had £1m, the place would you make investments overseas? | Residence

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Do you dream of an abroad residence? Lazy lunches on a sunny terrace, kids splashing within the pool, cultural excursions and market days, the entire 9 yards. Then the tough realities kick in, balancing these life-style joys with the price of possession. Today, even these with deep pockets purchase with their head in addition to their coronary heart.

“Lifestyle, investment, relocation and retirement are the most common reasons our buyers give for choosing an overseas home,” says Robert Green of the property company Sphere Estates. “And while we’ve seen a surge in those buying primarily for lifestyle, up 35 per cent on 2019 figures, they are of course also interested in the investment side of their purchase, considering costs and perhaps renting out to cover expenses.”

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