When we think of buying a vacation home, we often visualize long sandy beaches, crystal blue seas and lush green countryside. Other more practical concerns related to the strength of the local economy and generally finding somewhere with a high standard of living. Cultural aspects are, for many, also a must. Having access to the very best in restaurants, bars and nightlife can be an essential element when it comes to investing overseas, as is having plenty to keep the kids entertained. But a location that successfully ticks all these boxes and more can be an elusive prospect. So, with that in mind, we’ve listed a few of the top cities in the world where, if you’re lucky, you might just find that perfect vacation home.
Panama City Beach, Florida
Buying a vacation home in Panama City Beach has become a hugely desirable prospect for many. Considered a town on the up-and-up, this is in part due to its combination of smart, sophisticated urban living and outstanding natural beauty. There’s no shortage of great neighbourhoods within the city limits, but one of the best areas to buy property has to be the beachfront itself, with the emphasis on great outdoor spaces that sit alongside an abundance of quality shops, bars and restaurants. It also offers a range of waterfront activities enjoyed year-round by residents and visitors alike.
Sunshine Coast, Australia
Perhaps the hottest place to buy property in Australia right now is the Sunshine Coast. This already much loved destination is a real draw right now, due to a lack of housing and a high level of population growth. And were you to become a resident, you can expect to enjoy perfect beaches, water sports and an amazing array of inland canals and waterways. The Sunshine Coast has also enjoyed something of a culinary revolution of late, offering up a dizzying array of eateries across the city: everything from fine dining to food trucks. Key to the Gold Coast’s appeal, however, is it’s an easy-going atmosphere, making it a real haven for sun-worshippers everywhere.
There are opportunities for Australians that are not ready to buy a vacation home, they may buy tickets in charity prize home draws to win a prize home on the Gold Coast. Doing so not only provides them with a chance to win some amazing homes, but it also provides much-needed funds for great Australian charities.
Buenos Aires, Argentina
Argentina might not be at the forefront of your mind when it comes to finding a vacation home, but it’s definitely worth a second look. Buenos Aires has an economy that, in tune with the rest of the country, is growing rapidly, and the city offers its residents an easy escape to the kind of mountains and jungles that truly take the breath away. The locals are famous for their friendly and welcoming demeanor, and Argentina has an incredible wine region and famously great food. All of this combined makes Buenos Aires an unexpected yet appealing investment prospect.
Lisbon, Portugal
Over the last few years, Lisbon has become one of the best places to buy a home for a vacation. A quaint and wonderfully ramshackle city (the old quarter being a particular draw), it boasts an abundance of art and culture, making it increasingly popular with international travellers from across the globe. After the financial crash, Lisbon went through a painful economic downturn, but since then it’s enjoyed a real renaissance. Property is affordable and, the way things are going, it’s an investment that ought to pay dividends.
Barcelona, Spain
Barcelona, it’s said, really has got it all. The best tapas bars imaginable, world-famous architecture and great nightlife, all situated right next to a plethora of beautiful beaches. Of particular interest is the Poblenou or beach area. At one time the industrial part of the city, it was regenerated for the Olympics in 1992, and since then the old textile warehouses mean loft-style apartments sit side-by-side with classic modernist buildings to create a truly unique blend of characteristics. All of this, of course, only minutes from both the seafront and the city centre. In short, something for everyone.