In a recent Survey Half of Australians said they would look overseas when purchasing property
The majority of them said the reason was high housing prices domestically.
Many also stated that they are concerned about the spiraling cost of living in Australia which is approximate 60% to 70% more than many of the destinations they are choosing.
For the cost of a Sydney apartment buyers could afford a luxury villa in Bali or Greece.
By Cait Kelly For Daily Mail Australia
PUBLISHED: 03:14 BST, 7 May 2018 | UPDATED: 03:14 BST, 7 May 2018
Many Australians turned off by skyrocketing property prices are broadening their searches to overseas real estate markets.
Half of Australians say they would choose foreign destinations over buying property at home, according to a new study commissioned by international money transfers site WorldFirst and carried out by an independent firm.
Of the 1,000 respondents 50 per cent said they would consider overseas investment - and the major reason given was property prices being too high at home, Realestate.com reported.
This property in Melbourne will set a new owner back $920,000 which is just over the median house price of $903,859 across the city
For $863,473 it's possible to purchase this French farmhouse sitting on 3.8 hectares of land with separate guest room
This three bedroom villa in Portugal will set buyers back $868,550 AUD. It's a 900-metre walk to the beach and has several terraces to sit back and soak up the sun from Sixty-one per cent of those interested in owning foreign property said it was due to the housing bubble at home.
Other reasons were 'better growth and yield overseas' (13 per cent) and 'the potential to retire there one day' (11 per cent).
Best Asia real estate editor's comments:
What this article doesn't point out is that Australian's don't have to look as far as Greece or France to buy excellent properties that are inexpensive and offer great potential.
Many have already made their decision and are buying in Bali only a two and half hour flight from Perth or six and half hour flight from Melbourne and Sydney.
In fact many are deciding to move here full time.
When they discover they can purchase a three bedroom 550 m2 luxury villa for as little as $250,000 with private swimming pool just a few minutes from the beach and have a private Maid for $200 a month the decision is made very quickly.
Three Bedroom Bali Luxury Villa Only $250,000
They can sell their medium priced studio apartment in Sydney for $739,000 and buy three Villas in Bali.
It is possible to earn $4,000 to $5000 per month net income on two of them while living in one.
I will be discussing how Australians can obtain long-term five year visas and live like kings in Bali at one of five seminars coming up the next two months in Bali Australia and New Zealand .
If you would like to learn how you too can live or retire in Bali at more than 60% less than most western countries or earn 10% to 20 % per year profits on Bali investment real estate you may attend any of these free seminars.
Attendance is free and thoroughly educational from a 21-year expert on Bali real estate.
Free Seminar Schedule:
1. Thursday - May. 24th. 6:30 PM - 7:45 PM - Bali, Emerald Villas, Jl. Karangsari, # time finish suffering started 5, Sanur, Bali, Indonesia. SIGN UP HERE
2. Saturday - June. 23rd. 2:00 PM - 3:45 PM *Sydney, Australia SIGN UP HERE
3. Tuesday - June. 26th 6:30 PM - 7:45 PM *Sydney, Australia SIGN UP HERE
4. Thursday - July. 19th 6:30 PM - 7:45 PM *Auckland, N. Z. SIGN UP HERE
5. Saturday - July. 21st 2:00 PM - 3:45 PM *Sydney, Australia SIGN UP HERE
Seating is very limited.
Avoid disappointment sign up now or obtain more information.
Email: email@example.com or Tel: Office: 62-361- 284069
For Bahasa English 62-8123814014 – Bahasa Indonesia or 62-8123632177
At these seminars you will learn about:
-The Past, Present and Future of Bali and Indonesian real estate.
-Why a recent official clarification of foreign ownership laws allows foreigners to totally control Indonesian properties for up to 80 years.
-How to avoid legal problems and make sure a property is safe.
-How to avoid complicated real estate laws affecting Indonesians married to foreigners.
-Why this is the second-best time to buy this century.
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-What type of properties will offer the best investment potential of *10% to 20 % per year?
-Discover how you can sell your property fast for the highest prices and lowest commissions on a brand-new web site designed after the largest most successful real estate site in America with high tech search features.
-An opportunity for a free listing on B.A.R.E. First Class Beachfront property at almost 50% discount.
-Low cost properties with Luxury Villas starting as low as U.S. $158,000 for a three-bedroom 650 m² 3-bedroom, 4 baths with private 9 mtr. Pool.
-Ridiculously low-priced ocean view building lots starting as low as U.S. $25,000 for 500 m².
-Ocean front property in first class complex at 50 % off 2014 prices. Brand new retirement villas starting at U.S. $195,000.
To attend any of their Free Seminars email to firstname.lastname@example.org
*Important Notice. Seminars are informational seminars only. No sales or orders will be taken at the seminars. The location of the Sydney and Auckland seminars will be announced after we determine the size of audience the week before the seminars.
It is owned by a Canadian 21 year resident of Bali who is a Developer, Realtor, and Hotel General Manager.
His partner and spouse is a fully licensed Indonesian Notaris with a master’s degree in Indonesian Law specializing in real estate, corporate and Marital documentation.
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Disclaimer: All information presented above is considered true and reliable to the best of our knowledge at the time that it was published. Information and prices may change without notice. The owners of PT. BALI AFFORDABLE LIFESTYLES INTERNATIONAL doing business as BEST ASIA REAL ESTATE and PT. BALI LUXURY VILLAS accept no responsibility for incorrect information listed herein. All recommendations may lose value in the future.