Heatwaves are normal in Spain but 2025’s is being reported as the most intense on record. Unsurprisingly, the mercury peaked in Andalusia in the south, which this year experienced a new June high of 46 degrees. For some property-buyers, the prospect of putting up with southern Spain’s increasingly long, sweltering summers just to enjoy warm winters may no longer be worth it.

Cue the Costa Brava and why now could be time to seriously consider it as a place to own a home. This winding, pine-clad stretch of Mediterranean coast – which starts at Blanes around 70 kilometres north of Barcelona and ends a stone’s throw from the French border – has a more seasonal climate compared to most other Spanish Costas. This is thanks largely to its northerly location and being close to the Pyrenees.

Browse properties on the Costa Brava

Summers there get hot still, with max temperatures averaging 31 degrees in the summer, while winters are cool (max 14 degrees). Spring and autumn are wetter but generally pleasant during the day. In the words of the Met Office, “its location on the northeast coast of Spain means the Costa Brava often has more comfortable temperatures than other parts of the country, which can be appealing to those who find the searing summer heat a little too much”.

The fresher winters mean most of the resorts are very seasonal. Beachside tourist areas will be quiet between October and May, with many tourist businesses not opening up till Easter weekend each year. But the ‘old town’ areas of resorts, where locals tend to live, and hubs like Figueras and Girona are lively all year-round.

And how about access? Options for getting there (without driving across France) include flying to Barcelona (typically 75-90 mins transfer), or Girona (approx. 30-45 mins transfer), or these days, why not consider a TGV train – via Paris if coming from the UK – direct to Figueras or Girona.

Culture and food

The Costa Brava, with its hidden coves and picturesque resorts, is far more than a summer beach destination. Creative types and foodies have been coming to this corner of Catalonia for decades. Its most famous native was the surreal artist Salvador Dali, said to have been inspired by the wild seascape – as were Picasso and Miro who spent time there.

Another local boy is ground-breaking chef Ferran Adria, creator of the famous El Bulli restaurant, who put Catalonia on the international gastronomic map. The Roca brothers in Girona grew its reputation further with their ‘world’s best’ restaurant. Today Catalonia is the Spanish region with the most Michelin stars. In a nod to all this, Catalonia is the World Region of Gastronomy 2025.

Writers lured by the natural scenery and local charm over the years include Truman Capote, Tom Sharpe and George Orwell. Even Hollywood actresses Madeleine Caroll and Eva Gardner fell in love with the coastline. You’ll find statues of them in their favourite resorts.

Landscape for year-round living

The Aiguamolls de l’Empordà Natural Park

A 10-minute drive inland from the Costa Brava coast and you can be in rolling farmland or amongst forested foothills. Rivers fed by the Pyrenees ensure the landscape is lush and fertile. Highlights in the northern Costa Brava, or Alt Emporda, include the wild lunar-like Cap Creus peninsula and the Aiguamolls wetlands natural park on the Bay of Roses, where the sweeping seven-kilometre beach at Sant Pere Pescador is one of Spain’s top kite-surfing spots.

Up and down the coast, the Cami de Ronda trail and other paths weave along the coast and along pine-clad cliffs, through dunes and ancient stone villages. The whole area is a year-round paradise for walking and cycling, or river-based activities. Or discovering new places to eat – local restaurants in old farming communities are open year-round and excellent value. Venture a couple of hours towards the Pyrenean peaks in the winter months and you could be on a ski slope.

Don’t know where to start searching? You may have heard of Lloret de Mar, arguably the Costa Brava’s largest and most famous resort, one where package holidays helped put the north-east of Spain on the tourism map in the 1960s. Put that to one side. Our partner, Great Estates has a wide selection of homes across the Costa Brava, available right now. Here is a run-down of some of the Costa Brava’s other spots we think you should know about…

Dali’s arty sanctuary – Cadaques

This is one of the Costa Brava’s most famous towns, thanks to its connections with Sr Dali. Born in Figueres, the art maestro lived much of his life in the Port Lligat area of Cadaques. The town forms one corner of the so-called ‘Dali Triangle’ along with Pubol and Figueres.

Set in a bay, surrounded by a wild rocky landscape, the narrow streets and quayside of this pretty, white town are lined with restaurants and art galleries. With its arty bo-ho vibe, the most desirable properties are on the edge of town away from the tourists. Budget around €500,000 for a central pied-a-terre and anything up to €2m for a detached villa.

An equally charming fishing town on the other side of the Cap Creus peninsula could be Port de la Selva.

Full-package family resort – Roses

All-inclusive hotels that line the beachfront put Roses on the tourist map, but this family oriented resort has lots to offer homeowners. Highlights include a sweet old town, castle, leisure marina and fishing port (the largest fleet in the Costa Brava), water park and access to lots of gorgeous coves.

Away from the busy centre, popular residential areas are around the beaches at Canyelles and Almadrava. Or for stunning views across the bay, opt for a hillside community, such as Mas Fumats, Mas Boscà or Puig Rom, a short drive inland. Roses also has a purpose built marina community at Santa Margarita, where homes have private moorings.

Lots of choice for large apartments in the €150,000-€300,000 range. For a small house/ villa budget from €375,000.

Waterside community – Empuriabrava

A couple of kilometres west of Roses is Empuriabrava, Europe’s largest marina community. With 24 kilometres of navigable canals lined with waterfront properties, this is Europe’s largest marina community. It’s a year-round destination, although many homeowners let their property during July and August and prefer to spend time there out of season.

Set beside the estuary of the Muga river, Empuriabrava has its own beach, as well as restaurants and basic amenities. Budget from €400,000 for a typical ‘fisherman’ style (terraced) house with a mooring, or €200,000-€300,000 for a good choice of apartments on the canalside.

Beautiful bays and ancient ruins – L’Escala

On the southern end of the Bay of Roses, L’Escala is a picturesque fishing town famous for its anchovy production that has grown into a popular summer destination. A scenic prom links its maze-like old town, set around two coves, with its newer more touristy district at Riells, home to a large beach and L’Escala’s marina and fishing port.

The town includes the Greco-Roman Empuries ruins and ancient stone village of Sant Marti d’Empuries. Round another headland to the south is Montgo Bay, home to some of the town’s most exclusive villas perched on the hillside. Heading south takes you into a natural park area that ends at L’Estartit, a livelier more touristy resort. Off the coast there are the Medes Islands, a protected marine reserve with excellent diving. In L’Escala, budget €150,000-€275,000 for an apartment, from €375,000 for a small house or villa and upwards of €750,000 for a premium villa with views.

Pals, Begur and Palafrugell – dreamy bays and ancient towns

Three-bedroom house in Begur: €880,000

The crown in the Costa Brava’s jewels is the area covering Pals down to Palafrugell. You’ve seen the postcards of tiny coves with crystal clear water tucked beneath pine-clad cliffs – this is where you find them.

Pals and Begur are enchanting fortified towns, the former built into a lump of natural rock, while equally old Palafrugell is larger, with majestic squares and a year-round population. All are within a few kilometres of each other and hubs serving this stunning stretch of coastline. Starting at Pals beach, a string of secluded coves winds south around overhanging cliffs, where private villas peak you from amongst the pines. These include Sa Riera, Aiguafreda, Sa Tuna, Fornells, Aiguablava and Tamariu. Most are nothing more than beaches, some with a bar/restaurant and mooring area. The final two bays at Llafranc and Calella de Palafrugell are bijou and highly desirable resorts, which ooze Catalan fishing village charm.

Besides sea-facing villas and apartments, luxury villas and converted farmhouses with large plots, set amongst the olive groves and a short drive from the coast are sought-after properties. Budget from €400,000 for a sea-facing apartment or small house without a view; anything from €800,000-€2.5m for a large detached family villa.

The Golden Triangle – Palamós to Sant Feliu

Two/three/four-bedroom apartments in Palamós: from €269,000

The corners of the so-called coastal Golden Triangle are Palamós, Sant Feliu de Guixols and inland at Santa Cristina d’Aro. This area offers a bit of everything that makes the Costa Brava so appealing. Palamós and Sant Feliu are old fishing towns, where an active fleet and marina keep them busy most of the year, while in the summer months they become family beach resorts.

Calonge is a small medieval town in the wooded hills just off the coast, where small villa communities, such as Vizcondado de Cabanyes, Mas Pere or Mas Ambros, are especially popular with British owners. Its beach area, an extension of Palamós beach, is a couple of kilometres away at Sant Antoni de Calonge and offers modern apartment blocks.

In amongst this stretch is the chic gated community of S’Agaro set around pretty Sant Pol Bay and with its hidden beach at Sa Conca. By contrast, neighbouring Platja d’Aro is a lively resort with a sweeping 2.5-kilometre beachfront, overlooked by apartment blocks and hotels, and known for its lively bars and nightlife that attracts residents of Barcelona.

A budget of €125,000-€200,000 will deliver a choice of apartments a few minutes inland. Budget from €250,000 for an apartment a short stroll from the beach, €350,000 upwards for village or modern terraced houses and €500,000-plus for detached houses or villas.

Two-bedroom house in Calonge: €440,000

You might also like:

• Buying a home on the Costa Brava – the smart buyer’s guide to Spain’s wild coast
• Where to buy in Spain in 2025 – best regions for overseas buyers 
• Buying property in Murcia – your complete guide 

The post Discover the Costa Brava – the cooler choice for your Spanish home appeared first on Your Overseas Home.

Road signs warning you to be vigilant of wandering bears quickly confirm Abruzzo’s mountainous interior as one of Europe’s few remaining wildernesses. Considered the centrepiece of Italy’s Apennine Mountains and home to the highest peaks along the 1,200-km range, nearly half of the region is protected as a national park or nature reserve. That’s more than any other administrative region on the continent.

In the shadow of its towering massifs, medieval stone villages sit atop wooded peaks or in lush valleys carpeted in a patchwork of olive groves and vineyards (this is Montepulciano wine territory).

It’s in these communities that the more adventurous British, American and other foreign settlers can snap up village homes and apartments for a snip of the price of other Italian regions.

But why buy property in Abruzzo? These are traditional communities where English is barely spoken, with a slow-paced lifestyle that’s both healthy and affordable. It has easy access to rolling hills, mountains, lakes and beautiful forests, with all the outdoor activities that come with them, including hiking, climbing and skiing.

On the road in affordable Abruzzo, images by Richard Way

Abruzzo’s easy access

Abruzzo’s mountain wilderness is the amalgamation of its three national parks. The first is Abruzzo, Lazio and Molise National Park. Then you have the Gran Sasso and Monti della Laga National Park and finally the Maiella (Majella) National Park. Not forgetting the Sirente-Velino Regional Park. Together they span large sections of the region’s four provinces, namely L’Aquila, Pescara, Teramo and Chieti.

Reaching the heart of the parks is surprisingly easy, thanks to motorways that even in high season are not busy. A centrally located town such as Sulmona, which is within Maiella National Park, is only around an hour from Abruzzo Airport in the city of Pescara on Italy’s Adriatic coast. Or in the other direction, Rome’s Ciampino Airport and larger Fiumicino Airport are 1 hour 45 mins around 2 hours 15 mins away respectively.

Wildlife wonders

Few countries in Europe have wild bear populations. But thanks to Abruzzo, Italy is one of them. There are an estimated 50 Marsican bears roaming the national parks and they’ve become an emblem for the region.

In recent years, they’ve known to wander into villages in and around the Abruzzo, Lazio and Molise National Park. The guide on our rafting trip had videos of them in her local village around Scontrone. Just to make an amble in the woods even more exciting, Abruzzo’s wilderness is also home to wild wolf, lynx, boar and eagles.

So can you feel safe taking your beloved pooch for a walk in the woods? Yes, the bears will be more frightened of you and them, but keep your dog on a lead if there are bears around.

Affordable Abruzzo homes

Compared to Italy’s internationally renowned hot spots, like Tuscany, Umbria, the Amalfi Coast and increasingly fashionable Puglia, buyers seeking a traditional property with a small price tag are spoilt for choice here.

Abruzzo qualifies for Italy’s special tax scheme which allows retirees from abroad to pay a flat 7% tax on overseas income and pensions

Geographically it is central Italy, but in terms of culture, economy and history Abruzzo is considered a southern region, which are historically poorer than the northern regions and which has helped keep values and demand low. It also means Abruzzo qualifies for Italy’s special tax scheme which applies only in southern regions and entitles pensioners arriving from abroad who move to small communities to pay a flat 7% tax on overseas income and pensions.

Check out some affordable property for sale in Abruzzo.

Like much of Italy, many of Abruzzo’s inland villages are affected by depopulation and abandoned properties. Local councils are keen to attract people back to them, with some like Penne or Pratola Peligna offering old houses in need of restoration for sale for one euro, within schemes that require the new owner to complete a restoration.

More generally, old village homes can be purchased for less than €50,000. Stretching your budget towards the €100,000 mark or a little more will mean more choice and a better condition property. Here are some my pick of villages and towns within Abruzzo’s mountain wilderness.

5 recommended locations to buy in Abruzzo

Sulmona – a lively and historic hub

Anyone looking for affordable Abruzzo homes could base themselves in historic Sulmona. It sits a plain close to the Maiella massif and is a fortified town where narrow shady streets lead to its beating heart, the Piazza Garibalidi. This huge square with a fountain in the middle is lined with majestic Baroque buildings and at one end is crossed by a medieval aqueduct.

The perfect place to hang out with a gelato or sit and enjoy an espresso, it’s used for the town’s twice weekly market and festivals throughout the year. Newer suburbs outside the old walls are home to modern low blocks of flats that are walkable to the centre.

Well amenitised and with excellent restaurants, it’s suitable for year-round living with schools, a hospital and sports centre with outdoor pool open during the summer.

Sulmona, famous for almond ‘confetti’ and being the birthplace of Roman poet Ovid, is ideally placed for quick access to the Abruzzo and Maiella national parks and Sirente-Velino regional park. Within five minutes of leaving the town limits, you can be winding around mountain roads.
Typical prices range from €50,000-€100,000 for a small apartment, €90,000-€150,000 for larger, more modern apartments and from €180,000 for modern villa or house.

Pacentro – a scenic village surrounded by nature

A scenic 10-15 minute drive out of Sulmona and up into the foothills of the Maiella National Park takes you to Pacentro. Ranked as one of Italy’s most beautiful villages in the annual “Borgo dei Borghi” contest, its wiggly maze of streets, old town houses and stone churches is crowned by a medieval castle.

Pacentro in the snow – a more affordable ski home in Abruzzo

It’s known for its abundant spring water and has links to one of the world’s most famous pop icons – Madonna’s paternal grandparents hail from there. There were of signs of regeneration with a number of the houses undergoing restoration.

Its location allows you to enjoy an authentic mountain village lifestyle with the convenience of Sulmona’s amenities being an easy drive away. Just beware the snowy roads in the winter. There are apartments and character homes in varying conditions from under €100,000.

Scanno – a picturesque village with lake

Another one of Italy’s most beautiful villages, Scanno’s position at the end of the Sagittarius Gorge, surrounded by forested peaks and above a lake adds to its magic. It’s a hub for trekking in the surrounding mountains and is also an area known for bear sightings. The lake – shaped in a heart – has small beaches for swimming and amenities around it.

The nearest town is Sulmona around 45 minutes’ drive. Older stone character homes range from €50,000 to €150,000. Larger, more modern houses and apartments with views go from €150,000 to €280,000.

Scanno, by the lake

Barrea – secret lake resort!

An undiscovered gem tucked away in the Abruzzo, Lazio and Molise National Park, Barrea is a medieval town situated on a spur on the edge of the stunning Lake Barrea.
The town’s elevated position mean that at the end of its labyrinthine stone streets and squares you’re treated to viewpoints overlooking the lake below.

The (man-made) lake puts nature first – it attracts plenty of wildlife, but swimming is allowed and there is a beach with sunbeds and pedalos. It’s another great hub for excursions into the surrounding mountains. Typical price range from €80,000-€150,000, but more for larger homes with the best views.

Pescocostanzo – a ‘chocolate box’ ski village

In the winter month’s this majestic stone village becomes one of Abruzzo’s key ski resorts, along with nearby Roccaraso. It’s within the Maiella National Park and has a number of high peaks on its doorstep, so is an equally fun place to be without the snow.

Officially another of Italy’s most beautiful villages – the castle, preserved stone buildings and famous metalwork artisans add to its charm. Lots of well equipped apartments in the €150,000-€250,000 range here, appealing to the ski market.

The post Affordable Abruzzo homes – the pick of its village properties appeared first on Your Overseas Home.

Just the concept of retiring can be daunting, especially for those who thrive on being busy. Now combine that with moving abroad. Exciting: but adding a whole other dimension.

In this article we look at today’s retirement landscape and research some key nuggets for helping you make a success of an exciting and fulfilling retirement overseas.

Contents

• How long do I have?
• We still dream of retirement overseas
• Enjoying retirement overseas: beware loneliness
• Your friend: the great outdoors overseas
• A new culture to explore
• Use social media
• Frequently Asked Questions

How long do I have?

Probably longer that you imagine! The days of getting a gold watch and only having a few years to enjoy it are long gone. Retirement ages may be rising the world over, but you still have much longer to enjoy it. Today the average man retiring at the UK’s state pension age has a life expectancy of 85 years and 88 for women, according to the ONS’s Life Expectancy Calculator.

That’s 19 or 22 years of leisurely retirement to fill, preferably somewhere warm and sunny.

Of course, many of us work beyond state pension age, while others retire early, whether by choice or necessity. Currently, the typical retirement age in the USA is 62. In the UK it is 66, which matches the median age at which both men and women aspire to retire, according to 2025 data from Royal London.

Encouragingly, almost half of all retirees surveyed by the insurance and pension provider said they retired sooner than they planned, rising to over half of retirees in their 50s and 60s. Almost four in ten retired when planned, with only one in seven (14%) retiring later than intended.

One caveat is to budget for a longer retirement. Some use the 4% rule, only using 4% of their capital each year. You should also get good financial advice from an IFA licensed to work in the country where you’re retiring. Your Overseas Home can help with an introduction to a trusted wealth manager or IFA.

We still dream of retirement overseas

Despite Brexit, the dream of retiring abroad is alive and strong. A fifth of UK workers in both the age groups 18-34 and 45-54 would like a move abroad in retirement, according to a recent report by Barnett Waddingham. The pension and insurer provider’s research also showed that travelling (36%) is top of list of things people aspire to do in their retirement.

Moreover, despite Brexit, retirement to Spain, retirement to France, retirement to Portugal and other popular locations can be easy, with easily accessible visas.

Your Overseas Home’s research shows that Spain is the number one retirement destination for British people, closely followed by Portugal, France, Italy and increasingly Cyprus. For US citizens, Portugal’s favourable tax and visa schemes helped it to the number one destination in recent years. Now that those have largely gone, Spain has caught up in popularity, with France not far behind.

Enjoying retirement overseas: beware loneliness

Wherever you spend your retirement, in your home country or abroad, you’ll need to give serious consideration to your healthcare and ongoing financial requirements. Get these sorted and you’re halfway to a successful retirement.

According to US insurer Mass Mutual Retirement Happiness Study (2024) retirees are most anxious about health issues (34%), financial uncertainty (26%) and feeling old (22%).

Be sociable and don’t let loneliness get a chance

Crucially, what too many expats fail to address are the emotional and social implications that come with moving to a new country and settling there. Research published this year in the journal Psychology and Aging showed that retirees who move abroad may be at greater risk of loneliness than those who stay in their home country. Reduced contact with family and old friends – including adult children – as well as difficulty forming new friendships and connections in their new countries are the main causes. According to Mass Mutual’s report, nearly half (47%) of retirees who say they are unhappier in retirement agree that retirement has made them lonely at times.

So think clearly about where you wis to live. In a Your Overseas Home survey, more than half of respondents said they would prefer to live among the local population, not fellow expats. That’s laudable, but you need to be clear-sighted in your own ability to learn a language sufficiently to make friends.

Your friend: the great outdoors overseas

Which raises the question, how do you minimise your chances of getting lonely? Retirees who are much happier in retirement are more likely to be filling their free time with multiple kinds of activities, says Mass Mutual. These include spending time with loved ones (76%), exercising (70%), pursuing hobbies (63%) and travel (62%). People aged 65 and over spend an average of seven hours and 10 minutes a day on leisure activities, according to the ONS.

Your retirement overseas; your time for fun!

Gardening ranked as a favourite hobby among over-50s in a Saga survey, getting the thumbs-up from half of people surveyed. Close behind as 2nd favourite are walking and sending time with pets (46%), then outdoors activities (43%), travelling (37%) and DIY/ arts and crafts (28%).

An over-riding message is that activities that are social and outdoorsy are top picks amongst retirees. This is especially relevant for expats living somewhere with balmy year-round climates. It’s also why golf is so popular. Being a member or regular visitor to a golf club offers you chance to join a community and enjoy the sports social side. Or you could opt to live within a golf resort, where the clubhouse and communal amenities, never-mind the fairways, are typically busy social hubs for international residents.

Joining a lawn bowls club, which you see dotted around expat-friendly areas, is another option. Alternative group activities include salsa/dancing, fitness classes, yoga/pilates – preferably on the beach – swimming/aqua-based fitness and walking/hiking.

A new culture to explore

There are less energetic, more cultural ways to integrate and meet people. Many new expats start by signing up to language classes to learn the local lingo – a great way to meet fellow new arrivals. Otherwise, cooking classes to learn the local cuisine, wine-tasting to discover the regional plonk, book clubs, art and painting groups, music events and karaoke nights could all be waiting for you, depending on where you are.

Your cultural retirement overseas, the Musee d’Orsay, Paris (Takashi Images / Shutterstock.com)

Opportunities to do volunteering or charity work are also popular and can include helping out with people, animals and conservation. Sixteen per cent of respondents in a recent McCarthy Stone survey said they regularly volunteer or do charity work. As well as giving back to your local community, volunteering keeps you busy and provides a sense of belonging.

Use social media

They may be killing of real social interactions, but social media is a great way to make initial connections. Use platforms like Facebook and Meetup.com to see what’s out there in your local area. Expat blogs and forums where people can exchange ideas can be invaluable resources and help you meet likeminded people in your locality.

Starting your own blog is another great way to explore your new country and record your impressions. And if you do start your own blog, we would love to hear about it, so please contact us!

It’s your retirement overseas and you will know the best way to make it work for you. At Your Overseas Home we speak to hundreds of retirees overseas every year, and what comes through clearest is the need to embrace your new life. See problems as challenges and opportunities, the (wine) glass is half full!

Frequently Asked Questions

What is the cheapest and safest country to retire in?

Portugal is often considered both affordable and safe for retirees, thanks to its low cost of living, modern healthcare and welcoming expat communities. Spain, Greece and some parts of Italy are also popular choices. Cyprus is a very popular choice for UK retirees, with English widely spoken – and they drive on the left!

Can a UK citizen retire abroad?

Yes, UK citizens can retire abroad, even after Brexit. Popular retirement destinations like Spain, France, and Portugal offer visa pathways, even post-Brexit. It’s important to check local residency requirements and healthcare options. The evidence is that unless you have family in those countries, Australia, New Zealand and Canada are much harder to retire to as UK citizen, with European countries easier to retire to.

Can you claim UK pension if you retire abroad?

Yes, UK State Pension can be claimed if you retire abroad. However, whether it increases annually depends on the country you live in. Many EU countries and countries with social security agreements with the UK do qualify for the annual uprating.

What is the best place to retire overseas?

The best place depends on your priorities – weather, healthcare, affordability, and lifestyle. Spain and Portugal are consistently top picks for northern Europeans and increasingly, for Americans, France and Italy also attract retirees looking for culture and scenery.

The post How to enjoy your retirement overseas appeared first on Your Overseas Home.

But could that be about to change? Now, with the dollar considerably weaker and the market leaning in buyers’ favour, 2025 offers opportunities.

Dollar takes a dive

A weaker dollar and slowing house price growth have made a property purchase in the USA more attractive to British and European buyers since the start of the year.

This has made a $500,000 property in Florida £35,000 cheaper to a UK buyer in the space of just six months

Sterling has gained around 10% against the greenback since January, making a $500,000 property in Florida around £35,000 cheaper to a UK buyer in the space of just six months. The mid-July rate of £1/$1.34 is the strongest sterling has been since February 2022.

Pound to US dollar

The pound is close to its highest since 2016

It is even better news for European buyers, thanks to the euro’s 15% climb against the dollar. This hike has knocked around €60,000 off a $500,000 house purchase for a European buyer compared to January.

This has knocked around €60,000 off a $500,000 house purchase for a European buyer compared to January.

Europe’s single currency is currently trading at levels not seen since September 2021, not forgetting it dipped below parity momentarily in September 2022 (€1/$0.96), a year described as the euro’s annus horribilis.

Buyer’s market?

This year has seen conditions in the USA shift increasingly towards a buyer’s market. In June, the national median list price remained flat compared to May and rose just 0.2% year-on-year to $440,950. Meanwhile, the National Association of Realtors (NAR), which measures actual sale prices, released its latest median price as $422,800 (May 2025), up just 1.3% year-on-year.

In June, 20.7% of home listings had price reductions, which is 2.3% more than last year.

At the same time, sources show that more sellers are making price cuts. In June, 20.7% of home listings had price reductions, which is 2.3% more than last year. There is an increasing number of homes available to homebuyers too. Inventory across the USA rose 28.9% year-on-year in June, marking the 20th consecutive month of increases.

Sticky mortgage rates continue to inhibit domestic buyer activity, with 30-year and 15-year rates ending a five-week decline in July when they edged back up to 6.72% and 6.67% respectively. All of which indicates a muted market with a re-balancing in favour of buyers – many of whom are waiting for rate cuts. For cash-buyers, which many foreigners are, the last few months of 2025 and start of 2026 could be an ideal time to strike a deal with frustrated vendors.

Cheaper, emptier flights

The re-election of Donald Trump as president, punitive tariffs and his ambush of Ukraine’s President Zelensky in the Oval Office have not endeared the country to some potential buyers, but this too offers opportunities.

According to Cirium, the aviation analytics company, European bookings in February and March for June, July and August were down by 13%. There reports of as much as 75% drops in numbers flying from Canada. Official US data showed showed significant year on year drops since before the pandemic, but these have accelerated in 2025.

Flight prices have fallen accordingly, with ticket prices down by 7-8% year on year on international routes and flight prices down overall by 3.5% in the year to June. The airlines have been saved by internal US flights, first class and other premium prices staying high.

Typical bargains include return flights from London to Orlando on British Airways in the height of summer for less than £500 and in October on Norse Atlantic for just £287.

Championed by the Chinese

The foreign nation buying the most resale property in the USA right now is China, accounting for 15% of the overseas market (volume), followed by Canada (14%) and Mexico (8%). The remaining top ten, according to the NAR report, are India (6%), the UK (4%), Brazil, Colombia, Nigeria and the UAE (all with 3%), and Israel (2%).

Mexico and the UK have both seen gradual declines over the past two decades. For the four years between 2007 and 2010, the UK’s share ranged from 9%-12%, Mexico’s from 10%-13%. Despite that, the value and volume of the UK’s share in 2024-25, namely $2billion and 3,100 units, encouragingly are back to levels not seen since 2021 ($2.6billion and 3,800 units).

Foreigners – how deep are their pockets?

The median price of a resale property purchased by a foreigner in the USA is now $494,400, according to NAR, with the average price standing at $719,000.

The Chinese are the highest spenders, their median and average spends being $759,600 and $1,168,800 respectively. Median spend for UK buyers is noticeably lower at $425,000 (average $636,400). Nearly one-fifth (18%) of foreign buyers are purchasing properties worth more than $1million

Permanent or second home

NAR data for 2025 shows that foreign immigrants buying a permanent residence spend more (median $533,700) compared to foreign second homeowners (median $448,400).

The majority of second home-owners (56%) buy in cash compared to 39% of those moving over permanently. More than two thirds of Chinese buyers (71%) and around three-fifths of UK (61%) and Canadian (57%) buyers purchase outright in cash.

Sunshine State shines above the rest

Florida is the most popular destination with foreigner buyers, attracting 21% of all sales. Second favourite is California (15%), then Texas (10%), New York (7%) and Arizona (5%). Other destinations below 5% included Hawaii, North Carolina, Michigan, New Jersey and Illinois.

The dollar’s down and the sun is shining

Florida is the number destination by some distance with both UK and Canadian buyers, attracting 45% and 48% of those nations sales respectively. California’s popularity is on the rise – it is the top destination among Chinese buyers and the second favourite with UK, Mexican and Indian buyers.

Type and purpose of purchase

The majority (63%) of foreign buyers in the USA purchase detached single-family homes, whether non-resident (60%) or recently resident in the USA (65%). Non-resident buyers (holiday homeowners) have a higher preference for condominiums, with 18% purchasing condos.

Nearly half (47%) of all foreign purchased properties are used as a vacation home and/or rental property. Unsurprisingly, this figure rises to 60% when measuring non-resident foreigners without including recent immigrants.

If the numbers and trends have you considering a purchase across the pond, now could be the ideal time to explore your options. From Gulf Coast gems to bustling inland hubs, Florida offers a diverse range of opportunities for international buyers.

To discover the best locations and properties in the region, take a look at our expert guide on where to buy property in central and western Florida. And when you’re ready to take the next step, our experienced team is here to help – book a free consultation to discuss your plans and get matched with trusted estate agents, legal advisors, and currency specialists.

The post Florida property just got cheaper: now’s the time to buy appeared first on Your Overseas Home.

The halfway point of the year is an opportune time for a review on the property market. We’ve picked out some headline stats from an annual report [1] about market conditions along the Costas. The research comes from the internationally recognised Tinsa Group, Spain’s leading real estate valuer, who are accredited by RICS and the Bank of Spain. In line with Spain’s foreign market, their findings below concentrate on provincial municipalities on the coast.

Rising values

A well-researched property purchase on the Costas remains a sound investment. Average house prices along Spain’s coastline (excluding regional capitals) were up 7.2% in the first quarter of this year compared to 2024. All seaboards registered a rise but the Mediterranean (8.9%) and Spain’s islands (12.8%), which include the Balearics and Canaries, performed best. The Atlantic (Huelva and Cadiz in the Costa de la Luz) and northern coastlines recorded hikes of 6.2% and 5.3% respectively. The average price for a property across all coastal municipalities is €1,848 sq/m (Q1 2025). The northern coast is the most affordable (€1,594 sq/m), and the islands the most expensive €2,481 sq/m.

Quarter of sales nationally

Property purchases along the Spanish coastline totalled 198,995 in 2024, which equates to 28% of the country’s total sales that year (29% in 2023) and an annual increase of 7.2%. Looking closer, municipalities on the Mediterranean attracted 123,525 sales, on the islands 31,611, on the Atlantic 15,582 and in the north 28,277. Total sales nationwide were 715,429.

Second home premium

Coastal houses in Cadaques, Costa Brava

In 56% of coastal areas, properties treated as second or vacation homes demand higher prices than those classed as primary residences. Of the remaining areas, prices are level in 42%. Areas with the largest gap between the two types of property are the Costa Brava, Almeria, Cadiz, Mallorca, Huelva, Alicante and Valencia.

The average price of a second home on the Spanish coast is now estimated to be €2,970 sq/m, which is a 12.1% increase on last year. The largest foreign groups of non-resident second homeowners are Brits and Germans, followed by Western and Central Europeans and Scandinavians.

Concentrated demand

Twenty-two provinces around the whole of Spain have coastline and feature in Tinsa’s analysis. In 15 of these (68%), municipalities by the coast account for more than 50% of the province’s total property sales. In the islands (Balearics and Canaries), Cadiz, Pontevedra (Galicia) and Malaga, this figure is more than 60%.

The volume of property transactions increased in 17 of the 22 coastal provinces last year. The strongest growth was recorded in Castellon (22.1%) on the eastern Mediterranean coast. Otherwise, it was the northern areas that stood out, namely Cantabria (19.3%), Pontevedra (16.2%), Asturias (14.9%), Vizcaya/Biscay (14.7%), Guipuzcoa (14.4%), La Coruña (11.7%). Other notable rises were in Barcelona (13.3%), Valencia (11.1%) and Murcia (11.1%).

Favourite with foreigners

Property purchases in coastal provinces by foreigners grew 2.4% annually last year – they now account for 83% of all of foreign transactions in Spain. The foreign nation that bought the most properties was the UK, followed by Germany, Morocco and France. The EU nations that saw the highest rate of increase in purchases were the Netherlands and Poland, while from outside the EU it was the US and China.
The provinces with the highest number of foreign purchases are Alicante, Malaga and Barcelona. In most provinces, foreign buyers are now also residents. However, in the key provinces of Alicante, Malaga, Balearics, Murcia, Santa Cruz de Tenerife, Girona and Las Palmas (Canaries) the market is still dominated by non-residents.

Most affordable coastal spots

Where do you go for today’s beach bargains? Spain still has coastal municipalities where average property prices are €2,000 sq/m or less, for both houses generally and those classed as second homes. On the Mediterranean coast, these can be found in Tarragona (L’Ametlla de Mar and Alcanar), Castellon (Borriana and Playa de Almenara) and Murcia (La Manga del Mar Menor). Otherwise try Cadiz (Algeciras) on the Atlantic Coast, or head to Northern coastal provinces of Pontevedra (O Grove and Vilagarcia de Arousa), Lugo (Costa de Lugo) and Cantabria (Val de San Vicente and Castro-Urdiales).

Holiday let hot spots

Eighty-five per cent of Spain’s holiday rental properties are located in coastal areas, with 43% condensed into five provinces. The highest concentrations are in the Canaries (14%), Malaga (11%), Alicante (11%) and Balearics (8%).

Source:

[1]: https://www.tinsa.es/en/reports/shore-housing/vivienda-en-costa-2025/

You might also like:

• Don’t be disheartened by sensationalist headlines! Spain still welcomes overseas buyers 
• Spain’s proposed property tax rise (and why you probably shouldn’t worry!)
• Want to become a Spanish resident? Your options explained by a Spanish lawyer 

The post What’s happening in Spain’s coastal property market? 2025 stats you need to know appeared first on Your Overseas Home.

What’s your perfect vision of Spain? A beach packed with umbrellas and kids having fun? A cool city apartment with art, cuisine and culture on the doorstep? Maybe a cooling pint at the 19th hole after a round of golf with your mates.

But not everyone wants a busy tourist resort on a famous costa, or to retire among other expats. Indeed, in a survey we conducted, 55% of our readers say they would prefer to live in a more traditionally Spanish location.

Sound like you? Then try one of these four destinations – some you may not have even heard of – as we check out Spain’s secret property hotspots. Some of them are more affordable than the more popular areas too…

Terres de l’Ebre, Catalonia

Nature-lovers not fussed about access to tourist amenities or lively resorts should set their Sat Nav to the southernmost corner of Catalonia. Minding its business about an hour south of Tarragona is Terres de l’Ebre, an area that brings together diverse protected natural landscapes based around the mighty Ebro river. Officially designated a UNESCO Biosphere reserve, environmental friendliness and enjoying the great outdoors are integral to the local way of life.

The town of Miravet from the Ebro river

It’s made up of four municipalities – Baix Ebre and Montsia on the coast, and Ribera d’Ebre and Terra Alta inland. At the heart of the region is the Ebro Delta, one of the most important wetland areas in the western Mediterranean. Away from the sand plains and untouched beaches, foothills lead to natural parks and four rolling mountain ranges. Activities on offer are limitless, from canyoning and trekking to birdwatching, horse-riding and all types of river based pursuits.

Key towns near the coast include Tortosa (main picture) and Amposta, while inland Gandesa and Mora d’Ebre are municipal centres. Ancient riverfront villages along the Ebro are especially desirable spots, examples being Miravet, Benifallet and Xerta. Options on the coast, include the marina towns of L’Ametlla de Mar and La Rapita, or smaller resorts of Les Cases d’Alcanar or Calafat.

Axarquia, Andalusia

“Undiscovered” can be relative, and while no coast in Andalusia is much of a secret, there are quieter pockets of any costa. So while most people head west when they land at Malaga, drawn by the sprawling, amenity-packed resorts and international cachet of the Costa del Sol, turn right out of the airport and eastwards just 30 minutes down the A-7 you enter another world – Axarquia.

Still part of Malaga province but noticeably more affordable than its more famous hotspots, it’s an area that combines small family beach resorts with an interior of low rolling mountains peppered with pretty villages. Historically an agricultural area, the tropical climate that gave the coast its name, the Costa Tropical, accommodates sugar cane and banana trees. The vines that carpet its slopes produce the sweet grapes used for the special Malaga wine. Natural highlights include stunning Lake Viñuela and Sierras de Tejeda, Almijar and Alahama Natural Park.

The first of Axarquia’s three main coastal towns is Torre del Mar. Born out of the local fruit industry, it has an authentic working town feel but also one of Europe’s longest seafront proms. Torrox Costa also boasts a busy prom and while largely modern, it includes the original village at Torrox Pueblo.

Then there is picturesque Nerja (pictured below), low-rise and oozing fishing village charm. Budget from €200,000 for an apartment near the beach in Axarquia.

The beach at Nerja

Off the coast, the market town of Velez-Malaga serves as the gateway to inland Axarquia and what locals consider the prettiest of Andalusia’s famous ‘pueblos blancos’, Frigiliana, Comares and Cómpeta being particularly special. Other less-on-the-radar villages to choose from include Benamocarra, Algarrobo, Iznate, Benamargosa, Corumbela, Canillas de Aceituno, Sayalonga and Colmenar. Despite being perched on a hillside, many of these will still be within 30 minutes from the beach and often have distant views of the sea.

A budget of €100,000-€200,000 gives a good choice of habitable houses in an Axarquian village, but you’ll find cheaper!

Isla Canela & Ayamonte, Andalusia

Once a guarded secret, Spaniards are getting used to sharing the south-westernmost corner of Andalusia with international homeowners looking for something different to your typical Costa.

Cue Ayamonte, a charming old frontier town situated on the eastern bank of the Guadiana river, which forms the border with Portugal. A bridge connects the town to Isla Canela, a 1,700-hectare island in the river estuary with its own carefully developed resort community.

Much of Isla Canela is protected dunes and marshland but its ocean-facing southerly side is a stunning 7-kilometre white beach with a collection of apartment complexes. The island also has two championship golf courses – with property options by the fairway, a marina and fishing port complete with centuries old fishing cottages, as well as a selection of restaurants, bars and retail amenities.

Being linked to Ayamonte lets homeowners combine the laid-back lifestyle of a holiday island with the cultural hit of Ayamonte. With a pretty square and streets lined with quality tapas bars, the town’s river frontage includes a marina where you take a ferry bus across to Portugal on the other riverbank or a longer boat trip up the Guadiana.

The riverside at Ayamonte

The best option for flights to this tucked away spot is Faro Airport in the Algarve, an easy 45 minute transfer over the bridge into Spain. Budget from €250,000 for a new apartment in Isla Canela.

La Garrotxa, Catalonia

Tucked between towering Pyrenean peaks and the picturesque Costa Brava is the largely unknown area of La Garrotxa. Notable for its dramatic scenery, the terrain is typified by dramatic gorges, towering bluffs and some of the largest forests in Catalonia. Crisscrossed by trails, much of it is a huge natural park with extinct volcanic cones.

Peaks and poppyfields in La Garrotxa

Nestled amongst this enchanting landscape, which is around 40 minutes from the coast at the Bay of Roses and 30 minutes north-west of Girona city, are ancient stone towns and villages, many situated on an outcrop or at the foot of mountains.

Prepare to be wowed by character homes in and around medieval towns like Besalú, Sant Esteve d’en Bas in the Bas Valley, Riudaura, Castellfollit de la Roca and Santa Pau for homes. Anyone looking for total immersion in a traditional community with strong cultural identity will find it in La Garrotxa – this is true Catalan country.

For more information on finding your perfect Spanish home, whether one of Spain’s secret property hotspots or your own favourite, contact the Your Overseas Home team, download our free Spain Buying Guide and start browsing our property listings today!

The post Spain’s secret property hotspots appeared first on Your Overseas Home.

The pearl of the Persian Gulf has never been more popular, whether for property investment, relocation or a potential ‘Plan B’. But where are the popular buying options in 2025?

Dubai’s current property boom means there’s even more choice for foreign investors in the emirate. The special zones where foreigners are allowed to own freehold property continue to grow outwards and upwards as developers launch new projects.

Despite rising prices, there’s still plenty of stock for investors on lower budgets – we highlight five of the most affordable neighbourhoods in 2025.

Al Furjan

Another one of Dubai’s more affordable neighbourhoods, Al Furjan is a quiet, residential community located in the Jebel Ali district. It has its own metro station and is close to major highways, including Sheikh Mohammed Bin Zayed Road. The local Al Furjan Pavilion and West Pavilion malls offer retail and eating out options, while the Al Furjan Club has sports and fitness facilities.

Where should you buy in Dubai? Al Furjan has excellent transport links

An attraction of Al Furjan is being close to the popular Ibn Battuta Mall, Dubai’s largest themed mall. The closest beaches are 15to 20 minutes’ away at the waterfront communities of Dubai Marina and Jumeirah Beach Residence.

Who: Al Furjan is a popular choice for families thanks to its diverse property options, community-focused environment and access to schools, parks, and retail centres.

Property: Best known for its affordable villa and townhouse communities, Al Furjan also has a choice of apartment complexes. Average prices for a one-bedroom apartment are around £225,000, £750,000 for a three-bedroom townhouse or £1.2m for a four-bedroom villa.

Arjan (Dubailand)

Part of the mega-city Dubailand community, Arjan is emerging as an affordable residential district that benefits from a suburban feel while being well connected. It’s very close to popular spots like Jumeirah Village Circle, Motor City and Sports City, and being located just off the main Umm Suqiem Road makes it within 15 minutes of Dubai’s major tourist spots.

The closest seafront and beach is Al Sufouh, also about 15 minutes’ drive. Highlights in Arjan, dotted amongst it complexes, retail outlets and offices, include the Dubai Miracle Garden and Dubai Butterfly Garden, as well as its many leafy areas.

Who: Suited to young professionals and young families who want a peaceful lifestyle, as well as investors with tighter budgets.

Property: Predominantly modern apartments and townhouses within low and mid-rise complexes. Arjan offers entry point investments into the Dubai real estate market with one- and two-bedroom apartments accessible for £150,000 and upwards.

Jumeirah Lake Towers (JLT)

Overlooking Dubai Marina, JLT is a buzzing mixed-use community of 80-plus high-rise towers accommodating a population of 100,000 and set around landscaped lakes. Split into 26 clusters, at the heart of this multicultural residential environment is the Dubai Multi Commodities Centre (DMCC), a trade and enterprise hub with Free Zone status and home to multiple international businesses.

Jumeirah Lakes Towers

Suited to residents who enjoy a lively, urban lifestyle, JLT has access to every type of leisure, entertainment, sports and retail amenity. With two accessible metro stations, its location on Sheikh Zayed Road gives direct road access to areas like Downtown Dubai, Business Bay and the Dubai International Airport, while Dubai Marina and Palm Jumeirah are a few minutes away.

Who: JLT is a go-to neighbourhood for young professionals who enjoy a fun active lifestyle as well as young families who prefer to be amongst the bright lights. Its desirability makes it a sought-after investment area.

Property: It’s all apartments and penthouses in JLT. Typical prices there are £180k for a studio, £300,000 for a one-bedroom, £450,000 for a two-bedroom and £625,000 for a three-bedroom, while penthouses can range from £800,000 to £5m.

 

Al Furjan

Arjan (Dubailand)

Jumeirah Lake Towers

Discovery Gardens

Dubai Production City (IMPZ)

Discovery Gardens

Affordability and family-friendliness sum up Discovery Gardens, an established community in the Jebel Ali district made up six themed clusters, each inspired by unique garden concepts.

Conveniently located along the Sheikh Zayed Road and with its own metro station, its central location makes all of Dubai’s key hubs accessible, while being close to Jebel Ali Free Zone attracts working professionals. Families benefit from its well-rounded environment and proximity to schools and recreational spots, not to mention the Ibn Battuta mall. Dubai Marina and Al Furjan are also close by. Discovery Gardens offers some of the most competitively priced apartments in Dubai.

Who: Entry level prices suit first-time investors, as well as professionals and young families.

Property: Predominantly studio, one and two-bedroom apartments, resales for the smallest units can be as low as £150,000, off-plan from around £200,000.

Dubai Production City (IMPZ)

Dubai Production City (DPC), formerly known as the International Media Production Zone (IMPZ), is a mixed-use community designed as a pedestrian-friendly and lush landscaped environment. A designated Free Zone created as a hub for Dubai’s growing media industry – and today home to 250-plus media and broadcasting business, it has evolved into an affordable residential and commercial district, catering to a broad spectrum of people. Its location along Sheikh Mohammed Bin Zayed Road makes DPC accessible for major business hubs like Dubai Internet City, Dubai Media City, and Jumeirah Lakes Towers. Meanwhile, its City Centre Me’aisem mall, with its retail and leisure outlets, acts as a community hub.

Who: DPC is especially popular among young professionals, students, and small families.

Property: Predominantly apartments, from studios to three-bedroom units. One bedrooms are available from around £150,000, two-bedrooms from £200,000.

The post Where to buy property in Dubai appeared first on Your Overseas Home.

So, is having a residence abroad still worthwhile? To help you see that, done properly, it really is, we address some common concerns and misconceptions…

It’s getting harder to own a holiday home abroad, right?

Owning a home in Europe remains as accessible as it has ever been – your legal right to buy is well and truly secure. In a few smaller states, including Malta and Switzerland, second home ownership is allowed by non-EU citizens but only in certain areas and is carefully controlled. Elsewhere, some non-EU destinations have temporary measures in place. These include Canada, Australia and New Zealand, where non-resident real estate purchasers are limited or prohibited.

In recent months you’ll have seen headlines coming from Spain and some other EU countries about proposals to ban non-EU buyers of holiday homes or levy high taxes on them. Generally, such drastic threats are politically-driven rhetoric with no real legal traction, not to mention in breach of EU convention. If they do come into force, they tend to be toned down, take a good year or two to be passed and those affected have plenty of lead in time to prepare.

Don’t equate property ownership with residency. Simply buying in a country does not automatically entitle you to getting a visa or becoming legally resident there. If you plan to make your property your primary residence and live in it, you still need to apply for residency. Some visa applications, typically investment ones, incorporate a property purchase option.

On the flip side, becoming a resident in an EU country has changed for UK citizens and has arguably got more complicated. Since 1 January 2021 when Brexit kicked in, Britons have needed visas to reside in Europe, just like their US counterparts and other third-country nationals. It doesn’t help that governments tend to tweak the rules for their different visa options. For example, golden visas (a type of investment visa) are becoming less accessible and more expensive generally. Meanwhile, digital nomad visas are increasingly popular with working people wishing to live abroad while continuing to work remotely. Most EU countries have a form of non-lucrative visa. Aimed at retirees and/or people with regular foreign income, these tend to be most popular.

I’ll get bored holidaying in the same place and won’t use it enough…

Whether this is a valid push-back to buying abroad comes wholly down to your individual approach and expectations. Different people have different objectives and different patterns of use for their second home – and many are perfectly happy visiting once a year or less.

Typically, non-resident foreign owners fit into two camps, or somewhere in-between. There are those whose property is much more than simply holiday accommodation, rather it is a true second home. So somewhere they visit at every opportunity at any time of the year, perhaps spending months at a time, where they slip seamlessly into their ideal way of life. They make the place their own, would never rent to holidaymakers (maybe let family stay) and may well retire there.

Then there are those who think of their property as a lifestyle investment and have a more functional approach. Their property is geared up purely for vacations. When they’re not using it themselves, they will make it available for holiday lets. For many of these people, maximising rental income is a priority so they keep their own visits in high season to a minimum. Some prefer to visit only in low season or some years, not at all.

Either way, they enjoy the freedom of being able to choose where they holiday each year – whether or not they use their holiday home, they know it’s earning them income. Researching the local holiday let market and any regulation governing rentals, including licencing and community rules, before committing to a purchase is critical for these owners.

Consider holiday lets and earn some extra income

Get savvy with seasonal use!

Remember, low season is an ideal time to crack on with those odd jobs that accumulate over time. You should have plenty of time to get everything tickety-boo in time for the following holiday season. This is especially important when renting out your property and want to max out bookings in the most lucrative months of high season. Even if it’s not you doing the work, the quieter months are ideal for heading out to your property for a mini-break and organising someone else to do it!

Out of season trips provide the perfect opportunity to explore new places and do fun activities outside of your resort. These are things you wouldn’t dream of doing in the summer when it’s too hot to go traipsing around and your priority is to be horizontal on the beach or terrace. Research the local area and find a festival or event somewhere, or head into a historic town that’s always intrigued you. Foodies should never get bored, picking new restaurants to try.

Not keen on renting to holidaymakers but also want to vacation in other places without feeling guilty about leaving your holiday home empty? Then consider using a home exchange platform, which enable property-owners to swap time at each other’s homes. The exchanges needn’t be done concurrently. Typically, to use these platforms the only cost is a subscription fee, usually paid annually. Examples include the Guardian’s Home Exchange scheme and websites like HomeExchange.com, InterVac-HomeExchange.com and HomeLink.org.

Aren’t there better ways to invest?

Buying overseas tends to be a lifestyle decision as much as a financial one. Most owners don’t expect their second home to outperform every other type of more traditional financial investments; they just need it to be a sensible one. Think like that and you can never lose. In fact, purchase wisely with a long-term view and using the right experts (experienced estate agent, independent lawyer and currency specialist), chances are you’ll realise capital gain.

Just look at the figures. Between 2015 and 2023, house prices across the EU rose on average 48%, according to European Commission data. Focus on areas popular with international homeowners and property values tend to increase more. For instance, homeowners in Spain’s Malaga province, home to the Costa del Sol, saw average prices increase 74% between 2015 and 2025 (National Statistics Institute), equal to an annual average of 7.4% a year. Compare this to UK gilts, a typical fixed income investment, which are currently yielding around 4.5% a year. Meanwhile, investors in UK stocks via a typical FTSE All-Share or FTSE 100 tracker could expect total returns of around 65%-70% (including reinvested dividends) over the last 10-year period depending on the provider.

You might also like:

• Gated resort or out among the people? 
• Virtual property viewings
• What taxes do US citizens pay on overseas property? 

The post Why owning a holiday home in Europe is still a good idea appeared first on Your Overseas Home.

For international investors and relocators, these two cities are a refreshing alternative to pricier Lisbon and the more touristy resorts of the Algarve.

Northern Portugal has long been known to the UK and wider world for its vineyards along the picturesque Douro Valley and most famous export – port wine. But in recent years international investors have been looking to the city of Porto (also known as Oporto) and increasingly its smaller neighbour Braga for more than a heady tipple or weekend break, with the two destinations attracting increasing numbers of foreign second homeowners, entrepreneurs and relocating families.

Porto’s cultural diversity and vibrancy are key drivers behind rising international interest – and more than make up for its wetter, cooler climate compared to southern Portugal. As the country’s second city after Lisbon, its foreign population has more than doubled in the past five years. The Porto Metropolitan Area is now home to more than 69,000 international residents (Portuguese Chamber of Commerce 2025). Around a third of those live within the city itself, which has a total population of 231,800.

“Porto delivers a charming blend of historic architecture, gastronomic delights and contemporary dynamism,” said Christina Hippisley, General Manager of the Portuguese Chamber of Commerce in the UK recently. “It’s a winning combination for entrepreneurs looking to relocate from the UK, with an impressive digital economy and a laidback, family-friendly lifestyle that is a hit with expats of all ages.”

Porto is renowned for its colourful homes

Investment-friendly economies

Efforts to attract investment and foreign entrepreneurs to this corner of Portugal are not going unnoticed.

Earlier this year Porto was ranked number one ‘large city’ in Europe for foreign direct investment strategy, according to think tank fDi Intelligence’s (part of Financial Times) European Cities and Regions of the Future 2025 report. This is the fourth consecutive year that Porto has been included in the rankings.

Keen not to be left behind, Braga, 60 kilometres north of Porto, was ranked second in the ‘small city’ category by fDi Intelligence.

The latest fDi report described Porto as “a major hotbed for talent in science, technology, engineering and maths with more than 300 tech start-ups” and as “an emerging hub for innovative, digital business in Europe”.

Software projects dominate investment into Porto, with more than half of these investing in research and development. The city’s investment promotion agency InvestPorto was commended highly for driving activity.

The Porto Metropolitan Area accounts for 16.2% of Portugal’s gross domestic profit (GDP). Job creation rates are tracking the city’s increasing economic prominence. An estimated 28,000 jobs have resulted recently through €2billion worth of recent InvestPorto backed foreign direct investment projects. The lifestyle and working environment are deemed especially suited to foreign digital nomads, as well a real estate investors.

Elsewhere, Braga’s efforts to become a leading innovator in technology solutions around the city and cultivate an innovation ecosystem are paying off. The city was named ‘European Rising Innovative City’ at the iCapital Awards, part of the internationally acclaimed Web Summit held in Lisbon in November 2024.

Not as well known as Lisbon and Porto, Braga is fast becoming a major city

Real estate – urban, beach and riverfront

Porto’s economic success is reflected in demand for homes in the city. Confidencial Imobiliário reports that the city saw a 7.8% year-on-year jump in house prices during Q4 2024, while the number of dwellings sold jumped 19% from 2023 to hit 6,800 units in 2024.

In Porto, central areas include cosmopolitan and modern Boavista, historic Ribeira, upmarket Foz do Douro with sea views and the hip Cedofeita district. Across the Douro River is the city of Vila Nova de Gaia (or just Gaia), a historic hub for Portugal’s wine industry with a lively riverfront and access to beautiful beaches. On the northern edge of Porto is Vila do Condo, once a ship-building town but now a charming seaside resort popular with Portuguese people.

Luxury developers targeting the overseas market in and around Porto include Nomad Capital, who recently launched their Nomad Eden project in the popular Foz area of Porto. Another is BSA Investments, whose Douro Living project comprises eight houses built in a minimalist, modern design to maximise the area’s sunlight and views over the stunning Douro River. The homes enable families to enjoy country calm while being only 30 minutes from Porto.

Shop at the Bolhao market stalls in Porto

The lifestyle

The quality of life in both Porto and Braga is both high and affordable. With safe, welcoming communities and year-round cultural festivities, they each offer access to excellent healthcare and modern amenities, including excellent internet speeds, without losing any of their traditional charm.

Food and wine are world-class and both cities’ foodie scene is gaining prominence every year. This year Portugal earned eight new Michelin star restaurants, bringing its total of 1-star restaurants to 38. Four of the newly crowned eateries include restaurants in Porto and its metropolitan area (Vila do Condo and Vila Nova de Gaia) and Braga. Three of Portugal’s eight restaurants with two stars are in Porto and the neighbouring areas of Leça da Palmeira and Vila Nova de Gaia.

Porto could be your gateway into Europe

Travelling there

Porto’s international airport has direct flights around Europe. The UK is a 2.5-hour flight away. For those who prefer to avoid flying, Porto is a six-to-seven-hour drive from the Spanish ports of Santander and Bilbao, both of which offer regular, direct ferry services to the UK.

Travelling sustainably is a priority for many Porto residents. The city is recognised as a global leader in terms of climate action and transparency, aiming to reach net zero emissions by 2030 – a full 20 years ahead of the EU’s target. By 2020, it had already reduced emissions by 57% compared to 2004 levels, with further significant work planned as part of the Porto Climate Pact.

The post The two stars of northern Portugal appeared first on Your Overseas Home.

Particularly for older people, delaying your move abroad could reduce your chances of benefitting from the new rules. If you haven’t already, get advice and start making plans to protect your loved ones’ inheritance.

Ground-breaking new rules mean that living abroad for a certain number of years will make British citizens exempt from UK inheritance tax (IHT) on worldwide assets. Thanks to changes announced at last autumn’s budget, and applicable from 6^th April 2025, every UK citizen living abroad for 10 years or more will be exempt from IHT on all assets held outside the UK. Exemption will come quicker for some individuals, depending on how long they were resident in the UK before moving overseas.

What has changed?

In short, the UK Government has altered the way it determines IHT liability, switching from a domicile to residence-based system. This should make things clearer and easier to navigate, according to legal experts.

Under existing regulation, any individual who is classed as UK domicile is subject to UK IHT on their entire worldwide estate, including overseas property. An individual acquires their domicile (officially ‘domicile of origin’) at birth. Typically, it is based on your parents’ domicile and indicates where your permanent home or the jurisdiction to which you are most connected is deemed to be. You might travel and live in different countries during your lifetime but usually your domicile remains the same.

Most UK citizens residing in a foreign country remain UK domiciled indefinitely, which under current rules means their worldwide estate falls within the scope of UK IHT rules. It is possible but not easy to acquire a new domicile country (officially ‘domicile of choice’). This involves moving to a different jurisdiction and forming a permanent or indefinite intention to remain there without any ties to your former domicile, such as family commitments or holding assets there.

The big news is that from 6 April, only long-term residents in the UK will be subject to IHT on their worldwide estate, regardless of their domicile. An individual qualifies as a long-term resident when they have held UK residency for at least 10 out of the last 20 tax years. Or for individuals under 20 years old, if they have been UK resident for at least 50% of tax years in their lifetime.

Implications for new and existing expats

First off, UK citizens who have been resident outside of the UK for 10 years or more will benefit from the changes immediately and from 6 April 2025 become exempt from IHT on all non-UK assets.

A fresh start in retirement, and more money to pass on.

Under the new rules, individuals who relocate and become non-UK resident after April 2025 will remain subject to IHT for between three and ten years (the so-called ‘tail’), depending on how long they had been UK resident. Worst case scenario is waiting 10 years for exemption, which applies to anyone who was UK resident for 20 years or more. Individuals who were UK resident between 10 and 13 years must wait just three years, rising by one year for every additional year of UK residence (until it hits the maximum of 10 years).

For existing expats who are already non-UK resident but for less than 10 years, the understanding is that they will no longer be liable after three years abroad after 6 April.

UK assets and unilateral relief

Remember, assets based in the UK will always fall within the scope of UK IHT, regardless of whether the individual is resident in the UK or abroad.

British expats abroad will likely have IHT obligations in their country of residency but double tax treaty or unilateral relief application should ensure your estate is not double-taxed. High value estates of UK domiciled citizens living abroad often incur a balancing payment of UK inheritance tax payable through unilateral relief application. The process can be time-consuming and complex and must take into account exchange rates and different cross-border taxation schemes. Considering both the new IHT rules and the UK’s comparatively high IHT rate of 40 per cent, holding onto UK assets is increasingly unattractive for many expats.

Cross-border tax specialists point out that 2025 could be an opportune time to consider re-structuring your estate and moving any UK assets overseas, thereby eliminating your liability in the UK altogether. This option could make a lot of sense and potentially slash your IHT bill completely for individuals moving to a country with minimal or no IHT, such as Cyprus or Malta. Always speak to a cross-border tax specialist for professional advice.

Returning to the UK

As part of the October budget, the government also announced new rules favouring British expats who return to the UK. Under the new FIGS regime, qualifying individuals will be exempt from tax on their foreign income and gains (FIGS) for their first four years of UK residence, regardless of whether they receive that income or gains in the UK. To be eligible, individuals must have been a non-UK resident for at least 10 tax years previous to their arrival.

The FIGS regime could benefit British expats wishing to return to the UK for a short period, for example for business reasons, to care for elderly parents, to settle children in at a UK school, or to cease being resident in another jurisdiction for foreign tax planning reasons.

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