AndyMcGowan

Property investment is a great way to secure a new interest and, potentially, a significant income. Although most people tend to invest in buy to-let property within the UK, a growing number of people are choosing to set their sights a little further afield, with the desire to invest in property to rent out abroad.

This can be an exciting and potentially rewarding venture to get involved in, but of course, you need to ensure that you are doing everything possible to make a success of your property investment. Factor in the things you would need to do to keep it safe and secure. Of course, you would have to put in more than just no trespassing signs; you should install proper fencing around the perimeter so that no person or animal will be able to break in. Should you find it economically feasible, you could also hire a couple of professional security guards to patrol or simply guard the place. This is because there may be squatters or locals who will try to claim your property or simply cause trouble, which could be a hassle to deal with.

To ensure that you get the most out of your investment, consider enlisting the services of someone experienced in this field, like Simon Conn, Overseas Property Professional & Finance Specialist, who can provide the proper advice and also help you make a worthy decision. Investing abroad means taking both the UK property climate into account and the state of affairs overseas, so to help you narrow your searches, here are 10 of the best countries to purchase property abroad in 2018.

Spain

Spain has been a popular choice for years thanks to the mix of its hot climate and close proximity to the UK. Although there has been uncertainty in recent times due to Brexit, the country remains an affordable and enticing option. The fastest growing location for investors is currently the Spanish island of Lanzarote.

France

France is another country which is temptingly affordable in many regions. It’s also the most visited country in the world as it can accommodate for pretty much any climate, whether you’re looking for sun in the south, mountains and hills or chic city rental opportunities.

Portugal

Portugal is a popular choice thanks to its reputation as a friendly, fashionable and affordable country for property investment. The Algarve remains the most popular option for British buyers in Portugal, particularly Lagos in the west.

Italy

Unsurprisingly, the warm, historic and stylish Italy is a firm favourite for those looking to buy property overseas, particularly in cities like Milan and Venice. Celebrities like George Clooney, Helen Mirren, Sting and Ed Sheeran all have property in Italy, adding to its popularity.

USA

If you’re looking to invest in family property, the USA is one of the finest places to start. The USA offers a variety of different types of property, including single-family homes, multi-family homes, condos, townhomes, ranches (such as these Texas ranches for sale), and vacation homes. Each type of property has its unique advantages and disadvantages, so it is imperative to consider all of your options before making a decision.

Cyprus

Despite a rough few years, British buyers are still attracted to the Mediterranean’s largest island. Paphos – a stunning harbour, resort and UNESCO World Heritage Site on the southern coast – is particularly popular for property investment.

Greece

Recent financial difficulties have resulted in some extremely low property prices in Greece, making it an even more tempting spot for property investment. Some prices are down by as much as 30 per cent, and islands like Rhodes are proving increasingly popular.

Malta

Malta may only be 17 miles long and 9 miles wide, but that doesn’t stop it from being a popular spot for property investment. There are plenty of reasons to invest in Malta, from the great climate and stunning views to the widespread use of the English language.

Turkey

Affordable local produce, healthcare, education and property taxes all make Turkey a popular choice for overseas buyers. Istanbul remains particular hotspot for investment.

Croatia

Croatia is a film and television hotspot, having been used in the likes of Mamma Mia, James Bond and Game of Thrones. The stunning scenery also makes it a great destination for those looking for a picturesque escape.

Whether you’re buying at home or abroad, having the necessary funds readily available is vital for ensuring that you don’t miss out on a great property investment opportunity. If you are in need of a bridging loan to help you plug the gap between sale and purchase, speaking to companies like Glenhawk may be an appropriate starting point.