Property, particularly in the form of a holiday home has become one of the biggest ways for people to save for their retirement with around seven million homeowners using the sale of their homes to help themselves.
Over the last 10 years the Western world has enjoyed the biggest property boom in its history. Over the last decade house prices have boomed in almost every developed market with the exception of Germany and Japan. This has resulted in thousands of investors buying a holiday home so that they can make a tidy profit when it comes to selling on.
Buy - to - let has also become a popular concept as people have begun to realise how much money can be made from buying a holiday home and then renting it out. This in itself can provide investors with thousands of pounds every year to put towards their retirement.
British residents buying property abroad is not unusual and the value of property in developed economies has increased by 30 trillion dollars over the last five years. This trend started about 20 years ago and those who now want to sell up in time for their retirement are starting to reap the benefits.
As 20 years ago there wasn't as much demand for people wanting a holiday home, property was a lot cheaper. However, the sudden desire for properties abroad means that house prices have gone up which comes as a massive benefit to early investors. This means that people who bought a holiday home 20 years ago are now making a very healthy profit when selling up. This has proved very helpful for those looking to retire and it provides much needed funds.
Although prices have gone up, investing in a holiday home is still likely to be a successful way of investing in your future. It is very rare that house prices go down and if anything they are more likely to increase. This means that there is a strong possibility that by the time you retire prices will have gone up enough to help fund your retirement. Bearing this in mind it is hardly surprising that many people are buying a holiday home instead of a second property in the UK.
Holiday Homes In Scotland
The former Abbey at Fort Augustus started out as a military garrison and was later converted into a place of peace by the St Benedictine monks. It is located at the southern tip of Loch Ness and is undergoing rennovation to provide deluxe self-catering apartments and cottages.
Fort Augustus Abbey is, without doubt, one of the finest old buildings in the north of Scotland. It is surrounded by a fascinating history that is turbulent at times. The Fort Augustus Abbey has recently been redeveloped. It now provides some of the most exclusive holiday homes and residential apartments in Scotland. Surrounded on three sides by water, the abbey at Fort Augustus is set on the southern end of Loch Ness in twenty acres of beautiful mature garden grounds which extend right down to the shoreline of Loch Ness, home of the Water Horse we call Nessie. The Caledonian Canal forms the western boundary and the river Tarff forms the eastern boundary. Loch Ness, is just 20 minutes drive from the city of Inverness. The lovely, picturesque village of Fort Augustus is only a couple of hundred yards from the abbey.
The apartments are located in a truly magnificent building of historic significance. All the apartments are unique, differing in layout and size and are of the highest quality. The prices are highly affordable and suit most people's budget. The Abbey also welcomes self-catering visitors to holiday apartments in the abbey.
The Fort Augustus Abbey provides over a hundred apartments and cottages. Some of them are residential but most of them are available for self-catering holiday rentals. All the available accommodation has been divided into seven main sections; each of the sections represents a building within the society. Each of the buildings has an interesting and alluring history behind it. The Moat house located on the grounds of Fort Augustus Abbey has been recently renovated to provide for a selection of one, two and three bedroom apartments on three floors. All the accommodation is fully modernized and of high quality
The Old School building has also been recently renovated in December 2006. It provides a selection of exclusive holiday homes just yards from the lake Loch Ness. A stunning feature of this building is the fabulous entrance, "the front door" under the clock tower. Another notable aspect inside the building is the fabulous wide staircase with carved banister.
The Old School building now consists of fifteen two and three bedroom apartments on three floors. Some of these homes have picturesque views and look out over the cloisters and across to the Monastery and the hills of the Great Glen beyond. The Moat house 7 has a self-catering apartment on the second floor, which can sleep 4 people with an area of 90 square meters.
Excellent road, rail and air links provide easy access to the Highland capital. You an easily book your accommodation online directly with Owners Highland Club. Bookings can be made online in real time with a choice of payment methods.
Both Derek Both & Holt.23 Andy 14 are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Derek Both has sinced written about articles on various topics from Home Accessories, Customer Service and Family Travel. Sunrise Homes International ">holiday home will assist you in all aspects of finding your ideal overseas property. Derek Both's top article generates over 1500000 views. to your Favourites.
Holt.23 Andy 14 has sinced written about articles on various topics from Real Estate. Andy Holt is the webmaster and developer of The Highland Club Scotland
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