Spain Reclaims Title of Top Retirement Destinations
With warm weather, a great exchange rate, and an overall great quality of life, it’s no surprise that so many Britons are considering Spain as a retirement destination. A recent poll by MGM Advantage showed that 26% of Brits were planning on a Spanish retirement. This is a stark contrast to what was seen even a year ago, and is a signal that now is a great time to look at property for sale in Spain.
Spain isn’t a newcomer to the retirement destination list, of course. A few years ago, it was the top pick for many people. However, its popularity dropped when the world faced a financial crisis. In the last year even, many Britons who had moved to Spain packed up and returned to the UK.
Today, though, the financial climate is improving across the Euro zone, and Spain is once again an attractive place to spend one’s retirement years. After a dip in property prices, they are now levelling out. Many of the top destinations, such as the Costa del Sol, are even seeing a revival in luxury developments in response to a growing demand.
While there is improvement in the Spanish economy, it is still worth doing plenty of research before you decide to hop a plane or make a purchase. As with any property investment, buying a retirement home in Spain should be done with careful consideration. It is worth thinking about what sort of property you want, what location best suits your needs, what savings you have available, and how your UK state pension will be affected by your choice of retirement location.
The Spanish real estate market is highly varied, so choosing the right property for sale in Spain is often more than just visiting one development. The advice of an experienced professional agent can be invaluable as you make your retirement decisions.
For many UK pensioners, Spain is still an ideal choice. With easy travel between the UK and Spain, many find it a more convenient retirement destination than other popular places, such as the US and Canada. The strength of the pound sterling against the euro is another frequently cited reason for choosing to retire in Spain. Also, the recent dip in property prices, while a nightmare for some who were forced to abandon their earlier investments, can mean new investors get a lot for their money.
If you are planning for your retirement, now can be a great time to look at property for sale in Spain.PREVIOUS PAGE