Well, How About The Next REAL ESTATE Ladder… Touted As Dubai?
Having been to Dubai for business, I can only give my brief and personal opinion. Plenty of sun if you like 45C or 115F! And now plenty of high rise buildings on the Arabian coast, along with all of the new Footballer Housewives, making it their new hot spot! Being called the next great property market, it is rapidly being developed before their oil revenues run out! Mind you, you can buy a 2 bedroom apartment with a sea view for about 200,000 dollars. However, its the 5 – 6 hr. flight from Europe, the cost of the airfare and the new fuel surcharges that I would worry about, not to mention that you cant actually buy a freehold property, only a leasehold! What about other European sun spots that have been traditional favourite vacation and secondary home locations such as Greece, Turkey, Italy, Portugal etc.? They are all enjoying a new wave of activity from the Spain fall out and from the more conservative European buyer who is wary of departing from what are traditionally English spea