Post by yorkshiremouth on Mar 12, 2023 11:17:31 GMT
I've broached this a few times before; it's an issue which keeps coming to mind.
I'd love to own a property on the island which I could use as a bolt hole. Not to use as a holiday, but somewhere to pop over to when I felt like it.
A few years ago my in-laws had a caravan in West Wales. The caravan park was only open March to October, and they bought it (in part) to give the next generation a cheap holiday. So at the start of each year we'd divvy up who was going when between us. Whilst there, and in the winter, the in-laws lived at home in Huddersfield. When none of us were wanting to use it, the in-laws visited. So whilst technically, they lived in Yorkshire, they sort-of-half-lived at the caravan in Wales. Separate to this, they'd go elsewhere in the world on holiday.
I'd like that. I don't want to live in Greece permanently, but it'd be nice to have that second home, especially in retirement. It just rings the changes, gives a nice break from the miserable weather, etc.
But we're talking about £200,000, and obviously you have to pay for your flights every year on top of that. If you could rent somewhere for a month or two, two or three times a year, it'd ultimately be a lot cheaper over say 20 years, to not buy.
Has anyone else considered their options on this?
I'd love to own a property on the island which I could use as a bolt hole. Not to use as a holiday, but somewhere to pop over to when I felt like it.
A few years ago my in-laws had a caravan in West Wales. The caravan park was only open March to October, and they bought it (in part) to give the next generation a cheap holiday. So at the start of each year we'd divvy up who was going when between us. Whilst there, and in the winter, the in-laws lived at home in Huddersfield. When none of us were wanting to use it, the in-laws visited. So whilst technically, they lived in Yorkshire, they sort-of-half-lived at the caravan in Wales. Separate to this, they'd go elsewhere in the world on holiday.
I'd like that. I don't want to live in Greece permanently, but it'd be nice to have that second home, especially in retirement. It just rings the changes, gives a nice break from the miserable weather, etc.
But we're talking about £200,000, and obviously you have to pay for your flights every year on top of that. If you could rent somewhere for a month or two, two or three times a year, it'd ultimately be a lot cheaper over say 20 years, to not buy.
Has anyone else considered their options on this?
