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| While abroad, there are few of us who haven’t been charmed by the pebbled streets of Venice, the to-die-for beaches of the Caribbean, or the breathtaking beauty of the view from a Santorini cliff top. And for those who have been fortunate enough to visit these places, it is often like finding paradise all over again. |
| With advances in communications and technology, people with the money are now able to work from almost anywhere in the world. With more people now conducting business from their holiday homes, investment in the luxury property market is increasing and is thus raising the standard and cost of second homes abroad precipitously. With the facilities this decade has brought, the luxury of working from just about anywhere has brought a sharp rise in purchases by the sea, the country, and golf courses – an increasingly popular selling point by estate agents / realtors. Security and privacy has also become more prominent alongside these other developments, which is leading to an increase in ultra-secure developments and communities. Whether it is to diversify an investment portfolio, to provide rental income, moving home, or possibly as a third or fourth home, property purchasers who like to diversify and are looking abroad, look first to Europe. |
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| Swan House, Chelsea, London SW3. One of the most, if not the most expensive residential property for sale in the world. Price is on application, though we have been informed a price of £32 million ($60 million) is expected. For more information click here. |
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Investing in Europe has been a strong success for most who have made the brave move into the market place. With the euro increasing in value against the dollar, and for those who like the idea of purchasing in emerging markets, there is really very few alternatives that compare. Naturally, risk is always apparent, as currencies shift and property gets caught in the tide. It is far from the current state of the Middle East, but political environments are always something to consider – research and the right help are key to learning the buying processes of each individual country. Europe provides an unbeatable mix of beauty, history, recreation, and accessible travel through a continent rich with cultural diversity. |
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