From the Philippines and Indonesia to Mexico and Sri Lanka, real estate aficionados are flocking to paradise on earth—countries whose real estate landscapes have blossoming potential. It’s easy to see why azure coastlines and peaceful, secluded havens attract those seeking a long-term escape from city life.
For many adventurous globetrotters, staying in a hotel simply isn’t enough. Travellers with a passion for a particular country often consider purchasing a property in their favourite destination. Imagine swinging in a hammock outside your very own beachside bungalow near Galle, Sri Lanka or perhaps your idea of heaven is sipping a cocktail on a balcony in Bali. Whatever your dream, those seeking a spot for a summer house in the sun will need to research thoroughly. So which countries are the best for summer holiday homes at the moment?
Made up of over 7000 islands, this archipelago offers so much choice for those seeking the perfect summer house. A summer home in Canigao (located just off Leyte) offers all the beauty of the more sought after island of Boracay, but without the crowds. Alternatively, Cebu offers a plethora of stunning beaches. The Philippines is a beach bum’s fantasy with an island for every taste. Prices for a house and lot there range from $ 40,000 (for a modest summer property) to $ 1 million (for a large fully furnished 5-bedroom property).
Galle is one of the top locations in Sri Lanka for seaside summer homes. Coupled with its reputation as a tropical sanctuary, the historical significance of the area also attracts holiday home buyers. A home here will set you back between $10,500 and $2.3 million. A high-end buyer will find large private plots of land with gorgeous sea views. Other popular destinations include Hikkaduwa and Unawatuna. The former is among Sri Lanka’s most popular beach resorts boasting wide berths of sandy trips.
With Bali being the obvious choice for a summer home in Indonesia, it’s worth asking how much a home in this dreamland would cost. With beaches, diving, surfing and friendly locals, buying a second home here is at the top of many investors lists. Culture vultures will be enthralled by the amazing sights and rich history of the region. For just one island there are many options for enjoying your time. Get caught up in the vibrancy of Kuta, the extravagance of Kerobokan, or surf the waves in the south. Prices in Bali begin at $54,000 and rise to over $900,000 for the most luxurious beachside villa you could think of.
If you’ve ever heard of Playa Del Carmen, you’ll know why it is held in such high regard among sun-seekers. Small homes here start at $750,000 with sybaritic beach villas coming in at over $70,000,000. Playa, as it is referred to locally, is ideally located close to Cancun’s international airport—a factor that holiday buyers will place a priority on. Despite mass tourism, the city has managed to hold on to its European chic.
Exceedingly pleasant alternatives include Tulum, Cozumel, and Cabo San Lucas. If you choose Mexico, consider that you’ll be following in the sandy footsteps of countless glamorous celebrities like George Clooney and Cindy Crawford who bought properties in Los Cabos.