One of out every three homes sold in the USA in 2016 was a vacation home or investment property showing demand for second homes is again increasing following a turbulent few years. The reasons for buying a second home may be recreational or investment, often with a view to retirement planning.
Generally when people are talking about investment risk versus reward it is in the context of equities and other fluid type investments. It is not often spoken about with regard to property investment. Instead property is generally seen as the sound ‘bricks and mortar’ investment. The investment that you end up with a big chunk of something substantial along with a set of keys to open doors. Continue reading Did I mention I own a property in London? Property investment: risk versus reward
Living in Ireland the idea of buying a villa in Mexico or Panama seems very appealing indeed. Coming from a country which sees sunshine on average 2 ½ days a year (perhaps slight exaggeration here!) you can imagine why. Continue reading Buying Property Abroad: The biggest pitfall
Property prices in the little country of Ireland are rising again. Phew. After a ‘correction’ (that seemed to more closely resemble an obliteration) most areas of the country are again beginning to experience modest rises in property prices. At its worst property prices were down by over 60% in some parts of the country so it will take a long time of ‘modest rises’ before many property prices recover to a level resembling the mortgage that may now attached to the property.
On which website can one find the cheapest houses for sale in the world? We asked ourselves that very question. For those who are eager to get on the property ladder but only have a small budget searching for bargains can be frustrating specially if they are abroad.