According to a recent survey by Barclays Bank plc, there are over 2.2 million overseas property owners in the UK with the survey suggesting that this number will double by 2010. When you consider these facts along with aging population, increased property wealth, Self-Invested Pension Plans and leisure lifestyle aspirations of the populous it is easy to see why many shrewd property investors are looking for better lifestyle and hassle free overseas ownership and why many advisors are looking aside from the traditional UK buy to let and Spanish holiday let for property options for Condotel Investments in the Philippines.
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