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Have you always had a bit of wanderlust in your heart, or toyed with the idea of a permanent living situation abroad? Perhaps the time is right to start exploring the opportunity of what life could look like from a seaside villa or a charming cottage in the midst of sprawling green fields. While it may not be a feasible move for all, the investment opportunity for travel-lovers remains.
In addition to investment opportunities, many who’ve made the jump to purchase a residence in the EU have reported major savings on healthcare and higher ed, as well as more simplified travel.
Some of the best European Real Estate Markets for US investors include Portugal, Spain, Ireland and Greece due to limited restrictions and a growing tourism industry. With this, comes high demand for AirBnB opportunities. See where we’re going here?
So you’re interested in residing in Portugal to explore your family roots a couple of months out of the year, but your job requires you to live mainly in the states? Who says you can’t have your cake and eat it, too? With a booming short-term rental market, you’re on your way to a win-win situation.
Now, you may run into some bumps throughout the process and you will require a trusted real estate professional to help guide your way. There is always potential your request to purchase property may be denied, but having a reliable expert on your side will help you to avoid problem areas like borders or islands that may have tougher restrictions.
Did you know Keller Williams is a global real estate agency? We have a network of trusted and experienced agents ready to support your investment interests and help you every step of the way.
Ready to explore life or investments abroad? Let’s talk!
Source: Bigger Pockets
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