Property Abroad - A Lifestyle and Investment Choice for Britons

According to a new survey conducted by NatWest International, nearly one sixth of the UK population intends to relocate abroad as they are discontent with the lifestyle and opportunities available to them on home soil.  A staggering 72% of  "baby boomers" now aged 30 to 50 years plan to resettle overseas, prompted by many issues; awareness of a quality of life they are not getting in the UK, hectic work life, health issues and the need to plan financially for the future.

The new Halifax house price index reveals average property prices abroad are less than £100,000 while in the UK today average prices stand at £181,186.  In fact, according the Moneyfacts survey, Britons now pay around a quarter of their gross monthly income on mortgage repayments, much more than they did a decade ago.  These factors are slowly driving away much of the British population who seek better value for money and a healthier, more peaceful standard of living.

Half of these buyers continue to opt for Spain, attracted by its historically solid returns on investment, as well as the Mediterranean climate, rich culture and holiday lifestyle.  For many investors, property purchase abroad is now not only representing an opportunity for a changed lifestyle, but a better investment for the future.