The results are in! A recent survey conducted by the Overseas Guides Company revealed that the economic turmoil of the last few years has done little to deter those determined to buy their own slice of heaven abroad.
Of the 1,114 respondents, 36.9 per cent confirmed that they have not changed their approach to buying abroad or emigrating despite the general economic crisis and believe that now is as good a time as any to purchase abroad. A further 42.2 per cent admitted to being wary but their concern has not led them to change their plans.
So, which demographic are the most likely to be planning an overseas property purchase? The survey discovered that around 70 per cent of prospective buyers are at least 50 years old – the majority ranging between 50 and 64. Of this age group, more than 70 per cent plan to buy outright without a mortgage and 59 per cent of respondents revealed that they are planning on buying to emigrate.
Of the 1,114 respondents, 36.9 per cent confirmed that they have not changed their approach to buying abroad or emigrating despite the general economic crisis and believe that now is as good a time as any to purchase abroad. A further 42.2 per cent admitted to being wary but their concern has not led them to change their plans.
So, which demographic are the most likely to be planning an overseas property purchase? The survey discovered that around 70 per cent of prospective buyers are at least 50 years old – the majority ranging between 50 and 64. Of this age group, more than 70 per cent plan to buy outright without a mortgage and 59 per cent of respondents revealed that they are planning on buying to emigrate.
I must admit those findings surprised me, I guess if you want something bad enough, you press on and achieve your set goals, but how about you? Are you still pressing on? Why not call me and see how achievable your plans are to own a property abroad.
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