The Indian diaspora is one of the largest in the world, with around 25 million citizens living outside of India. Indians are known for their hard work and entrepreneurship, which has led to a high demand for property within India.
However, there are various reasons why Indians buy property abroad. Some people buy properties abroad as a holiday home or as an investment opportunity and some people buy property abroad to fund their children’s foreign study and education.
There are many things to consider when choosing your dream second home. You will have to consider the location, the amenities, and the price.
The location of your dream second home is significant. You want it to be an aspirational location that will make you feel like you have arrived. Some people opt for a tropical getaway, while others prefer a ski resort in Colorado. The choice is yours!
The amenities are also essential when choosing a home for your second residence. If you want to spend time outdoors, then you need to find a house with an outdoor pool or spa and plenty of golf courses nearby for game days with friends and family members. If you prefer spending time indoors, then look for homes with fireplaces and fitness centres on-site so that you can stay healthy while enjoying life from the comfort of your own home.
Lastly, consider what price range is most comfortable for you and what monthly fee most suits your lifestyle.
“Indians are very fond of buying properties in gateway cities; Miami, London, Dubai, Lisbon… These are great cultural hubs, they’re open and friendly locations, and boast of a global environment.”
Due to easy accessibility, good return on investment and many other benefits being offered, Dubai is a great option for anyone wanting to own a second home in an aspirational location. It has everything from luxury shopping malls, world-class restaurants and hotels, and beautiful beaches with stunning views of the skyline.