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Great British Overseas Property Hotspots

Great British Overseas Property Hotspots

Great British Overseas Property Hotspots

By: Nick Marr -  Category: Spain - Added: 2012-08-15

The British weather has been pretty dismal this summer.  Flash flooding, storms and grey skies made it one of the wettest Julys on record.  So, it is little wonder that more and more people are seeking a foreign refuge that offers reliable, year round sunshine.

So, if you are looking for an overseas home than can almost guarantee good weather, where should you look?  We look at some of the sunniest locations in the world.

Four great sunny spots to buy overseas property

The Daily Telegraph reports that ‘despite the calamitous situation with the euro, classic European favourites are still popular.’  The newspaper also reports that ‘holiday home values in Spain are low and still falling. These are predicted to stabilise next year, so a canny purchase in 2012 may coincide with the Costas and Balearics having their lowest prices for two decades.’

Portugal is also popular with expats.  Prices in the Algarve have fallen by 20 per cent since 2009 and a two-bedroom flat starts at £100,000.  Summer temperatures are around 25C (78F) and during the winter, the Portuguese enjoy an average of ten hours of sunshine a day.

However, it may also pay to look further afield for sunshine.  Brazil is one of the world’s fastest growing property markets and it is still possible to buy a small apartment for under £30,000.  Daytime highs in Brazil’s winter from June to August are above 15C (60F) while in summer it hits 38C (100F).

South Africa is also popular with British buyers and has a strong rental market, particularly in the British winter.  Cape Town is eleven hours from Britain and boasts waterside apartments, bijou town houses and generous mansions.  Cape Town’s summer is December to March and year round temperatures are 15C (60F) to 27C (80F).

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