Real estate advice for foreigners: where to invest in a holiday home

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Everyone once in a while has an urge to buy a holiday home whenever you feel exhausted from work and daily routine. If you’re finally ready to find your second home where you can escape from responsibilities, spend vacations with loved ones, or retire, here are top destinations in the world offering affordable yet high-end housing options. When looking to buy a house in Mexico or the Mediterranean coast, learn more about a different travel destination and their local market before surfing home buying websites. 

Buying a place is relatively easy for a foreigner, yet it’s a challenge to navigate the real estate market on your own.

For foreigners looking to invest in a holiday home, Hilton timeshare resale offers a lucrative opportunity in the real estate market. Explore the listings here to find the perfect timeshare resale property for your investment.

Mexico: The people’s favorite destination in the Caribbean 

Even if it’s a classic destination for many world travelers, we cannot deny the development and modernization coast of the Rivera Maya got in the last few years. Cancun and Tulum are making the headlines as high-end luxurious destinations with picture-perfect accommodations and villas, fashionable restaurants, and impeccable service. After seeing all the amazing photos on Instagram and Pinterest, how can you not buy a house or a condo to be able to come back to that magical paradise every vacation? The good news is that Cancun and Tulum welcome all world travelers with affordable prices, outstanding designs, and energizing culture, no matter your country of origin. 

Type of property you can find for sale in Mexico

Home-hunting in a foreign country is an outing out of your comfort zone a far cry from Letting Agents Putney has to offer, as property planning, sizes, and types can differ from what you used back home. By doing your research first, you can set healthy expectations of what the housing market looks like and what you will be able to afford on your budget. Mexico’s rich history offers houses with splendid exterior design and architecture, yet it could be somehow inconvenient for an American eye used to spacious homes. So what can you find in the promising housing market in Mexico? 

Apartments. Mexico is ready to surprise you with stylish and trendy apartment complexes that feel like a 5-star hotel with incredible views, swimming pools, and magnificent gardens. The city offers a range of apartment buildings depending on your preferred neighborhood, from newly-built skyscrapers and apartment complexes to historical buildings with fascinating architectural decisions. There are plenty of options to satisfy any budget, design, and location requirements. To this day, apartments are the leading housing options among foreigners, no matter if you’re looking to invest to profit from a rental business or planning on settling in Mexico. 

Terrasse houses. Townhouse complexes are a budget-friendly option for those seeking an independent home with plenty of room space, parking, and a garden. New construction projects offer many fashionable townhouse solutions in the city or suburbs. 

Private houses and villas. When townhouses are attached to the neighbors on both sides of the house, with the single-family detached homes, you’ll get complete independence for your family. However, the size of the private house will definitely skyrocket the final price, especially if you plan on staying closer to the city center. Yet what else feels more like a vacation home than a picture-perfect private villa with a swimming pool and cactus plants in the Cancun jungle? 

Mansions. The Mexico real estate market can offer private estate on the outskirts with modern or historical architecture, spacious gardens, high-security levels, and astonishing views for elevated luxurious lifestyle lovers. Mexico is a perfect scene where you can feel elite for a wallet-friendly cost. 

Hidden Gems of Middeterenian: Algavre, Limassol, Valencia 

If you dream about European summer, with its turquoise sea, cozy authentic restaurants, and road trips around historical sights and castles, get ready to discover the underrated locations with affordable real estate. More foreigners choose Barcelona in Spain for its vibrant life. Yet, Valencia is only a couple of hours away with grand Art Deco architecture, spacious beaches, and picture-perfect villas on the coast. Being away from touristic crowds allows you to immerse yourself in the local culture, meet friendly people and explore historical monuments without excruciating lines. 

Algarve in Portugal is less famous than colorful Lisbon or cozy Porto. Yet the region has various little towns with vineyards, delicious pastry,  narrow cobbled streets, splendid castles, and to-die-for views. Portugal’s coast makes you feel like you’re standing at the end of the world with dangerous cliffs and an endless Atlantic ocean. As a bonus, Algarve real estate market offers timeless mansions with farmland and luxurious villas with Instagram-perfect design. For inventors, there is some good news as well. Portugal participated in the Golden Visa program, providing entrepreneurs and real estate investors with residency in the EU, with all the rights and access to free healthcare. 

Limassol in Cyprus is an underrated city, yet it gives you a metropolitan feel in the middle of Mediterranean summer. Budget-friendly villas and mansions facing the seafront or an adorable house up in the mountain village away from the hustle of the city, Limassol has it all. The location makes it easy for you to explore Cyprus by car and sail among the coast in search of wild beaches. 

Wrapping up

The world has so much to offer, from the Caribbean to the Mideterenian coast. When searching for your summer home, avoid the crowdy tourist destinations and choose places where you can truly feel peaceful. There is no better way of learning a new culture than immersing yourself in little villages and towns, exploring nature and cuisine, and meeting locals in the farmer’s markets. Thankfully, the modern real estate market allows you to invest in high-end or authentic property, not in the top-rated touristic destinations but in hidden locations.