Australia is a favourite destination for retiring Britons and for travelling youngsters, but have you ever thought about buying a second property there? Flights are expensive, but it is a great place to spend weeks soaking up the sun and the relaxed atmosphere. It helps that they speak English, which makes it popular for people to emigrate, but the warm welcome and temperate climate adds to the appeal.
Australia is such a diverse country that there are many places that you could live. Perth has a firm holding of Brits living there already, or Brisbane, Queensland which is the most up and coming, and relatively cheapest city. There development is strong so they look for skilled and semi skilled workers to emigrate their and happy with the process.
A lot of people choose Sydney but it might not be the best option for you as it is expensive due to tourist appeal. In Australia you need visas, so in the first instance of you buying property you will only qualify to be able to purchase a flat in an apartment block.
Specialists say that if you are planning on purchasing in Australia, then you should factor in around ten percent of the cost for charges. The major airports in the country are Sydney, Melbourne and Perth, but you will find that you can change at major hubs like Singapore to get to the smaller cities like Brisbane and the coasts. It takes around twenty two hours to fly from the UK, which is a long flight, but when you get there you will be pleased you went.
If you are thinking about purchasing a second home then think about what you will use it for. Will you rent it out when you are not there or will you live there all year round? If you are planning on renting out the property then it will be a different type of Home Insurance, and you need to ensure that you are covered for any periods when the property may be empty.