International Property Investment » retirement destination

Hoptoun – Reinvented as a Retirement Destination

Elisabeth Sowerbutts — Wed, 25 Mar 2009 17:00:29 +0000

We previously talked about the problems of Hoptoun, where the collapse of BHP Billiton's Ravensthorpe $2.2 billion nickle mine, saw the local property market in tatters.

One local developer moved fast to slash section prices in Hoptoun from an outrageous $260k to a much more realistic $69,000. Hoptoun, although located on Western Australia's beautiful southern coast, now has limited to zero jobs options for people moving into town. Realistically most people buying into Hoptoun are either retirees or holiday home buyers. It does seem to be mainly these buyers who have bought twenty-eight of the 30 blocks in the Steeredale Meadosws estate in the past month with prices from $69,000 to $90,000. Those prices are for 4ha sections with all services connected.

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Greece: The Perfect Retirement Destination

Martyn Shuttleworth — Thu, 26 Feb 2009 14:29:11 +0000

GREECE – THE PERFECT RETIREMENT DESTINATION

As a purely financial investment, Greek property is a slow gainer. The government has actively tried to discourage speculation, through building restrictions and a harsh gains tax. As somebody who lives in this beautiful country, I am glad that it has gone down this route. Greece has largely avoided the condominium fetish of many other Mediterranean destinations.

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Retirement in Puerto Vallarta – Condominium or Villa?

Guest — Mon, 10 Mar 2008 10:22:28 +0000

Invariably, when North Americans visit Puerto Vallarta, Mexico, they have such a good time under absolutely ideal conditions that they hate to leave. Upon returning home, many start planning their next trip to Vallarta and can only dream about retiring here someday. The fortunate ones, either currently retired or about to retire, often start thinking about how they can own a piece of Vallarta and spend at least a part of their retirement in Paradise. Many visitors interested in pursuing the idea of retiring in Vallarta will rent a condominium during their first extended stay, and while doing so, will experience all the benefits Vallarta has to offer, and will explore the market for condos and/or villas. Once they have determined that Vallarta will be their full time or part time retirement destination, they are ready to start considering which is most appropriate for them, a condo or villa. There are certain aspects of condo and villa ownership that are constant; for seven months from November through May, the climate will be ideal, there will be numerous activities to enjoy and an abundance of friends to enjoy them with, and every condo or villa will have a panoramic, breathtaking view of the Banderas Bay and the Sierra Madre mountains.

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