Cost of Living
Your day to day living expenses can vary considerably between different countries (Portugal, for example, generally very affordable – Thailand, very affordable also) but also it largely depends on the region and towns. Tourist towns and cities are usually far more expensive than inland or off-track location, and at times island locations where many products are imported. Weigh up many important factors – cost of utilities, community fees, healthcare and travel expenses.
Over the last five to six years, the importance of security has risen significantly to the top of many property buyers’ lists. There are several features regarding security, not only does this include the risk of terrorism in a country or region, but also the chance of political volatility and economic security – this is all because buying a home is a long-term investment. There are many buyers who gravitate towards locations such as Portugal, Greece, Cyprus and Spain in the last couple of years, for example, for their perceived lack of security issues.