Property abroad - business & pleasure ?!?!

Property abroad - business & pleasure ?!?!

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Discussion

IceBoy

Original Poster:

2,443 posts

223 months

Monday 17th September 2012
quotequote all
Hi All,

I have just started to think about getting a holiday home abroad. I would want to soend 8 weeks there and the rest I would prefer to rent out to cover the costs/overheads.

Requirements:

1. Max 7 hours flight from the UK
2. Accomodation for 5 people
3. Property to be no more than 2 hours from airport
4. Sunshine all year round
5. Property & running costs to be as low as possible
6. Max budget of £100k, less would be better
7. Demand for rental to be strong enough to recoupe some costs
8. Not somewhere in the middle of nowhere, there must be local shops, town etc.

I'm sure there are other requirements but just cant think right now.

We did think about Florida (even though the flight is longer) but not sure?

Anyone have experience of this and can give me thoughts and pointers.

Remember I have only just started to think about this and might not have thought of all the problems and pitfalls.....so please educate me.

IceBoy