Real estate abroad

Everything you need to know about real estate in Corfu

Everything you need to know about real estate in Corfu
The island of Corfu, or Kerkyra in Greek, has long attracted property buyers with...

Why Buy Property Abroad?

In recent decades, buying property abroad has become a common practice. Russians, Ukrainians, and residents of Kazakhstan eagerly acquire villas and apartments in sunny resorts and fashionable capitals worldwide. But why do they do it? Let's explore the main reasons for this phenomenon.

1. Lifestyle

Perhaps the primary reason for purchasing property abroad is the desire to have a unique place for a full-fledged vacation. Owning property abroad provides an opportunity to escape the hustle and bustle of daily life and immerse oneself in a world without stress, traffic jams, and other urban life attributes.

Vacationing in your own apartment or villa significantly differs from staying in hotels, where tourists often encounter mass atmosphere and limited options.

2. Visa Simplification

Another important factor when buying property abroad is the simplification of the visa regime. In some countries, when acquiring property, you can obtain a residence permit, making trips even more comfortable.

3. Vacationing with Children

Families with young children find their salvation in owning property abroad. The ability to prepare food according to children's preferences, as well as maintaining a sleep and rest schedule, makes the stay in a foreign country more comfortable for both children and parents.

4. Comfortable Retirement

For many retirees, property abroad represents an excellent opportunity to ensure a comfortable and worry-free retirement. For example, moving to Bulgaria allows Russian retirees to obtain a residence permit and enjoy a prosperous retirement.

5. Real Estate Investments

Although buying property abroad with the intention of making a profit from resale has become more challenging due to the crisis, renting out properties remains a viable strategy, especially in major European capitals.

6. Popular Regions and Cities

Today, popular destinations for buying property abroad include Spain, Greece, Italy, Montenegro, Bulgaria, Cyprus, Israel, Thailand, Turkey, and Northern Cyprus. Additionally, the Dominican Republic, the UAE, the Czech Republic, Bali, and Egypt are also sought-after options.

No matter what motivates you to purchase property abroad, remember that this decision can change your life for the better. Owning property in another country is an opportunity to enjoy a new way of life, relax comfortably, and provide your family with bright experiences.

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Why Buy Property Abroad?