Buy a Place in the Sun - but Don't Get Burned ; the Sunny Coasts of Europe Are Visited by Thousands of British Ex- Pats Looking for a Holiday Home, but for Some the Dream of a Quick Getaway From It All has Been Shattered. Simon Peevers Reports On the Problems of Buying Abroad in a Fast-Developing Market Where Nothing Is 'As Safe As Houses'.

Evening Post (Bristol, UK) › February 06, 2008

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Summary

The sunny coasts of Europe are visited by thousands of British ex- pats looking for a holiday home, but for some the dream of a quick getaway from it all has been shattered. SIMON PEEVERS reports on the problems of buying abroad in a fast-developing market where nothing is 'as safe as houses'.

The idea of a place in the sun in a foreign country is appealing to more and more Brits as property markets open up around the world.

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Extract

Buy a Place in the Sun - but Don't Get Burned ; the Sunny Coasts of Europe Are Visited by Thousands of British Ex- Pats Looking for a Holiday Home, but for Some the Dream of a Quick Getaway From It All has Been Shattered. Simon Peevers Reports On the Problems of Buying Abroad in a Fast-Developing Market Where Nothing Is 'As Safe As Houses'.

With the grim British winters to contend with, it is no surprise people are looking for an escape to golden beaches and warm oceans.

America is quickly becoming a hotspot for Brits buying abroad, thanks to the strength of the pound.

And North Africa as well as some of the former Eastern Bloc countries, particularly Bulgaria, are also quickly developing markets.

Spain has long been a favourite, but the good life there is in danger a...

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