Affordable Places To Live In Europe
With Britain becoming a little too stressful and overcrowded and the cost of living on the rise, it is no wonder that more and more of us are starting to seriously think about making the move abroad for a better quality of life.
With a poor climate, the economic downturn and the rising cost of living, now may be the time to find a nice little European bolthole where you could ride out the storm. It’s true that in most other European countries your money goes further, the climate is better and the pace of living more relaxed. So whether it is for a holiday home, a retirement property or simply an investment – which European countries offer the most home for your money?
Avila, Spain by World Wide Gifts / License: Creative Commons
Most people, when thinking about moving abroad or investing in property think about France or Spain, but before you think about removals to France or removals to Spain, have you considered the other European countries which offer great value? For instance, Italy has seen prices fall by around 8 to 20% over the last few years and now it is possible to buy a lovely rural, stone built house set in a lovely village for around £150,000. Whilst a larger property, if you are looking to make a permanent move, will cost around £205,000 for a three bedroom hillside house with a barn and large garden in the lush hills of Lucca, Tuscany.
Turkey is also worth a look if you are looking for an affordable place to live or buy a holiday home. Istanbul has some great value apartments which could see you a healthy return for investment. Istanbul has a housing shortage estimated at around 250,000 units per year. This means that buying an apartment here would see no shortage of tenants if you are looking to invest in property as opposed to live there yourself. For instance, a one bedroom apartment in Bahcesehir, which is just 20 minutes from the city centre, will only set you back around £48,000 and makes a superb investment.
Girona, Spain by Europeana EU / License: Creative Commons
Spain has some great deals to be had too. No other European country has such a wide and varied landscape from beautiful beaches, to elegant cities and through to charming town and hidden villages. There are mountains, lush valleys and quiet hidden beaches which you could easily spend a lifetime exploring. With this in mind, it is no wonder that property sales are on the rise. The cost of living in Spain is generally cheaper than the UK and we all know the climate is much better too!
Some great value homes can now be had here such as a two bedroom home in Murcia, South East Spain could be yours for around £45,000. That’s not a lot of money for your home! Take a look on the internet at the range of properties available to buy, next decide on your budget and what you wish to gain from your property. You might be pleasantly surprised at just what you can afford in one of these bargain European destinations!
Written by Helen Mitchell, looking for the best way to move abroad.
Category: Travel Tips
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