Where can you buy a lovely holiday home in the sun on a budget these days of a weak pound and no property financing? We’ve been abroad to find you a cheap place in the sun!
Report filed under: Buying Property Abroad Guides » Our Worldwide Property Showcase
Fri, November 13, 2009 - 7:42 am EET
At this time of year in the UK when the nights draw in, the temperatures drop, it’s foggy, there are no leaves on the trees and everything appears dull and grey and cold, there’s one thing that stops many of us from going completely crazy and that’s the thought of next year’s summer holiday!
For some people an annual holiday in the sun just isn’t enough however, and they long for a holiday home overseas in a sunny spot that they can travel to whenever the whim takes them or whenever life commitments will allow.
Of course, the depressing thought of winter in UK is being compounded by the depression we’re all fighting off that’s been brought upon us by the recession. It’s eroding our spending power and restricting our lives and choices. However, to cheer us all up, we thought we’d go and see if it was still possible to buy property abroad in the sun – but on a budget. We hope you’ll be pleased by what we’ve found for you!
How about a fully furnished, completed duplex apartment for sale in the incredibly popular resort of Kalkan on the Mediterranean in Turkey? For sale through SpotBlue.com, the apartment has 2 bedrooms, 2 bathrooms, it’s on a site with a communal pool and gardens, offers off street parking and is walking distance from the sea and Kalkan’s beautiful beaches. The apartment is ready to move in to, ready to rent out, ready to holiday in and certainly ready to profit from either in lifestyle or financial terms. The asking price is just £64,000 – a veritable bargain.
Alternatively, if you’d like more real estate for your money, how about a newly completed, semi-detached 3 bedroom villa for sale in Altinkum? It comes with a private pool, sea views, it’s close to the historic ruins of the Apollon Temple and just a 15 minute drive from the sea. The property has a small garden, 2 bathrooms, a barbeque area, balcony, large terraces and is air conditioned. It’s on the market for just £54,900 through HotPropertyTurkey.net.
If you’d prefer mainland Europe for your place in the sun, where better than on Italy’s coastline? In the region of Calabria in southern Italy there are some incredible bargains for sale – for example, a recently refurbished 1 bedroom apartment for sale in Scalea is for sale for just €33,000. Alternatively, if you can stretch your budget to €100,000 you can buy a single storey, detached villa for sale at San Nicola Arcella in the region. It is immaculate, comprises of 3 bedrooms, has a landscaped garden, masses of terraced area and has an uninterrupted and panoramic view of the Gulf of Policastro – both properties are on the market through ItalyHouseHunt.com.
Our final choice is Egypt which is a particularly popular choice with those who want to be able to escape to the sun even in the winter! It’s Britain’s nearest year round hotspot destination in terms of flying times, and you can really buy some bargains in Egypt at the moment. For example, ColourInvestments.com is offering apartments in a brand new development in Makadi on the Red Sea from as little as £9,995 for a 1 bed room apartment! Yes, less than £10,000 for a property in the sun!
If you are prepared to look a little of the beaten track in destinations less popular than the South of France, Southern Spain or even Florida or emerging hotspots such as Morocco or Brazil, you can find bargain homes for sale in almost perpetual summer sunshine. You are always best advised to seek qualified and independent legal advice when buying property abroad however, and if you’re buying a home off plan or before it is completed, you need secure guarantees in place that protect the money you invest. Remember, if something seems to good to be true then your gut instinct is probably right in attempting to steer you well clear!