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Imagine sitting on your veranda at the end of a fun packed day, lulled into a feeling of deep relaxation and happiness by a combination of the waves lapping the nearby shore and the cicadas doing their evening dance. Your family and friends are close at hand enjoying fine wine and great company and the sun is setting over the sea…you’re vacationing in your holiday home overseas and you’re living the dream.
Does that sound like heaven on earth to you? Yeah, it does to me too…so what’s stopping you from realizing your dream of owning vacation real estate abroad? If something is holding you back from making the commitment to buy a second home overseas, here are 10 top reasons why you should stop listening to the nagging voice and start listening to your heart…
1) Wouldn’t it be amazing to enjoy the culture and history, the beauty and geographic delights of a favourite country? If you bought real estate in your preferred overseas destination you could spend far more time getting to know the heart of the country and the soul of the people and you could satisfy your curiosity about the nation and the delights it has on offer.
2) You could spend more time dedicated to a favourite hobby or pastime or indeed develop new passions in an overseas location conducive to the types of activities you enjoy – whether that be skiing, golfing, fishing, hiking or just being pampered in paradise.
3) If you have an extended family and friends spread out all over the country or indeed the world, owning vacation real estate in a desirable holiday location would allow all of your friends and family to come together, relax and enjoy each others company.
4) Those with children might like to consider owning vacation real estate overseas in a location where its safer, where the environment is more appropriate for outdoors activities, where children can learn, develop, grow and experience a whole new world.
5) Real estate is a great investment – by combining the ownership of a home overseas with your long term financial plan you could be investing in an enjoyable and capital appreciating asset that could set you up for your retirement.
6) By buying a second home overseas you could be taking the first step on the journey to moving to live or work abroad in nation that is of interest to you or a location where there are many opportunities waiting for you. You can spend extended vacations in your new home and get a feel for whether a permanent move would actually suit you.
7) natively, if you’re approaching retirement, by buying vacation real estate abroad in a laid back country with a good climate and an affordable cost of living you might be taking the first step to retiring overseas!
8) Those who aren’t sure whether they will get much use out of a second home abroad could rent out the property when they are not using it and derive an income from it – this income might even be sufficient to pay any mortgage or to fund your own trips out to the home once or twice a year.
9) Some countries in the world are known to have extremely exciting property markets where real estate has been undervalued and is now appreciating in value rapidly – if you want to get in on the act then buying a second home in such a location should fulfil your objectives.
10) Finally, those who enjoy DIY and home improvement might like the challenge of buying a rural rundown retreat overseas and restoring it to its former glory.
If you have a dream of spending time overseas in a home of your own, don’t let anything hold you back from realising your aspirations.
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