"Are you looking for a second home away from the expat hot spots? asks Christopher Middleton as he identifies 20 different locations citing Property Venture's insights
"Join the Jet Set" by Christopher Middleton, Saturday July 23, 2011 excerpt from The Property section.
Are you looking for a second home away from the expat hot spots? 20 different locations around the world are considered, including:
Kraków Poland
"If the idea of living in a converted Polish brewery appeals, there are 30 one-bedroom apartments on sale at the former Central Kraków brewery for £64,000 to £73,800. Details from Property Venture, 01932 849536, www.property-venture.com.
The good news about Poland is that house prices have been rising (by 8 per cent in 2010), and the country is hosting the European Football Championships next year. When buying a new home, though, you need to find out if the price is for a “black finish” or a “white finish” (i.e. with the kitchen and bathroom fitted). “Black finish” will add up to £15,000 to the price.
Kotor Bay Montenegro
The area has been designated a Unesco World Heritage site, but prices haven’t shot through the roof.
"Two things to note, warns Britain-based agent Property Venture (www.property-venture.com): surveys aren’t carried out automatically in Montenegro, so you might need to hire an architect or structural engineer to inspect the place. And although as a foreigner you are allowed to buy an apartment, you have to buy land via a company, which you will need to set up."
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The focus is mainly greater Europe: Poland property, UK investments, Spain property, Turkey property, Cyprus property
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