Brexit may still be under negotiation yet for those looking to escape to warmer climates to enjoy their winter and summer holidays or retirement, it has been found to have spurred them on in their search for a home in the sun.

Increased demand across Europe

Spain, Portugal, France, Malta and Cyprus have all seen increases in the number of people looking to buy before the end of 2018, just three months before the March 29th Brexit transition deadline, according to a recent article by the Financial Times.

Retirement plans and pension access

For retirees looking to make their pension go further with fantastic value available at the supermarkets, butchers, greengrocers or local restaurants, Spain delivers more bang for their buck on a number of levels, and as current agreements stand, UK state pensions, legal residency and healthcare arrangements are in place for UK residents who wish to move to the EU between now and the 31st December 2020. In Spain for example, the payment of a low monthly fee gives you access to an excellent healthcare system which EU citizens can enjoy under current agreements.

Furthermore, as of September 2018, Britons moving to Europe can and will continue to enjoy the benefits of a UK pension payable within the European Union, with inflation-related increases.

Spain remains a good place to invest

Spain has recovered well from the 2008 crisis, yet it remains one of the best places in Europe in which to invest, with almost guaranteed sunshine throughout the year, established expat communities and English-speaking doctors at many public hospitals as well as in local shops. By buying a property in Spain as a retirement home or holiday home, you will have the reassurance of others who have purchased and moved there available to help with the process or with letting your home out during the periods in which you are not there.

Immovario has a wide range of properties for sale in some of the most popular expat areas of Spain which have regular flights from regional UK airports to the main Spanish coastal airports such as Murcia, Alicante, Malaga and Barcelona. Check out our quick and easy offers search tool here for the regions or towns inwhere you would like to buy your home away from home.


Source:

www.ft.com/content/502a3d48-6e66-11e8-8863-a9bb262c5f53