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Beat the post-holiday blues: Why you should buy a home abroad this year

With Winkworth’s offices and affiliates across Europe, we’ve compiled our favourite places to invest abroad to help you banish those winter blues for good.

With the festivities over, January can leave many of us feeling uninspired and yearning for some sun and a place to relax. With years of political uncertainty stopping many people from investing in the international property market, the government’s decisive take on Brexit means that it’s subsequently looking like a good time to invest abroad. David King, Head of International at Winkworth agrees; “with some clear direction from the new UK government this will inevitably bring some confidence back to the market, and I am sure those who held off from buying property abroad will be back and ready to go."

Since the European market has been relatively stagnant, particularly at the upper end, there are now “bargains to be had,” says David. Depending on what you are looking for, you can get a lot more bang for your buck in places only a few hours away from the UK. “There is a huge range of property available in France” says David, “and in comparison to the prices of Southern England particularly, you can get a lot more for your money, whether it be a stone house in Lot or a villa in Provence.”

Other countries such as Spain or Portugal are traditionally open to and largely dependent on British buyers, with a varied selection of seaside apartments, villas or farmhouses. Offering more sun year round and a more relaxed lifestyle, “why not take the plunge?” asks David.

With Winkworth’s offices and affiliates across Europe, we’ve compiled our favourite places to invest abroad to help you banish those winter blues for good.

 

France

From converted farmhouses to rustic village homes, and seaside apartments to mountain chalets, France provides for all tastes and budgets. Current market conditions make some property types, including rural houses, especially attractive, with prices comparatively lower than in the UK. It’s also good news if you want a mortgage, thanks to interest rates in France hovering at historic lows. Provence, a region in southeastern France is known for its diverse landscapes, which makes it a particularly notable location for a second home abroad. With two major airports: Marseille-Provence and Nice-Côte d'Azur, as well as other smaller ones, Provence is easily accessible all year round. With a journey time of under two hours by plane from London, it's a great location to buy, particularly for those who may have to fly back home at short notice for work or other commitments.
 

4 Bedroom Property
Provence-Alpes-Côte d'Azur, France
€995,000

Located just five minutes from the beach and the center of Ste-Maxime, this stunning property is set in a fully landscaped park of 2030m². This sizeable villa offers a large living room and a separate kitchen, both opening onto a south-facing terrace looking over the sea and St-Tropez village. These breathtaking views allow enjoyment and relaxation all year round.

To see more properties for sale in France, click here.

 

Portugal

With its Mediterranean climate, 300 days of annual sunshine and moderate temperatures, even during the winter months, it is no wonder that so many people looking to buy abroad opt for a property in Portugal. In January, you can expect twice the amount of sunshine in the Algarve when compared to the UK. Aside from this, the relaxed, yet lively lifestyle and pristine beaches make it the perfect escape during the winter months. Lagos, a town in southern Portugal's Algarve region is particularly beautiful this time of year. Well known for its historic walled town, breath-taking cliffs and Atlantic beaches, you can escape here in just under 3 hours by plane, with over 30 flights a day to the local airport.
 

2 Bedroom Property
Lagos, Portugal
€210,000

This spacious 2 bedroom apartment is situated in a luxury development, close to Lagos. The property enjoys lovely sea views and benefits from access to many communal facilities such as heated pools, tennis courts, a gymnasium with saunas and landscaped gardens. The apartment also has its own outdoor terrace making it an ideal retreat in a tranquil setting, with a ton of facilities to beat those January blues.

To see more properties for sale in Portugal, click here.

 

Spain

Spain is one of Europe’s most sought-after destinations for real estate and it's not hard to understand why Britons are at the top of the list of foreign buyers in Spain. The laid back lifestyle, sandy beaches and unlimited supply of Sangria makes it a perfect destination for a place to relax, unwind and enjoy life. Casares, in the district of Malaga, is a picture postcard village with a population of just three thousand. Flights to Malaga are also just under three hours. Although it may be small, there’s no need to compromise on space here - there are many spacious villas available as well as cosy beach apartments. Casares is the perfect place for those wishing to escape the hustle and bustle of big city life.
 

5 Bedroom Property
Casares, Spain
€735,000

For just over €730,000 you can buy this luxury family villa with five en suite bedrooms, located just a stone’s throw from Casares Beach. The villa is situated over three floors offering spacious and comfortable living for a large family. Special features include a large cinema/games room, immaculate gardens and a private pool - essentials for overcoming any bouts of post-festive sadness.

To see more properties for sale in Spain, click here.
 

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