Many have a dream of living
abroad, escaping the rat race of the UK and starting a new life in
another country, bbqs in the evening sun, days around the pool, days at
the beach, snow in the winter, running a smallholding with chickens,
sheep and pigs. Some had even already planned their move and were just
waiting on their house in the UK to sell. But now with property sales
in the UK at an all time low and buyers a dying breed, that dream is
On the other hand there are people that have followed their dream of
living outside the UK or maybe had to go to a different country for
work but would now like to return to the UK. However, they cannot
afford to easily get back on the UK housing ladder, there are less
buyers around for properties in places like Bulgaria, France, Spain and
the housing market has pretty much stalled everywhere.
This has left many in countries such as Bulgaria, France, Spain, Corfu,
Greece and Turkey unable to sell their houses in the sun, while others
are left in the UK, with their property listed with estate agents for
months without any viewings or chance of a sale.
One solution to this is a property exchange - one person swaps their
terraced UK property for say a renovated house in the Bulgarian country
side complete with 1000sqm of land, outbuildings and fruit trees. Or
perhaps, the swap is between a one bed apartment in a northern UK town
for a larger, seaside apartment in Spain or Bulgaria.
Ideally of course values of properties being exchanged should be about
equal so there may need to be a cash lump sum given by one party, or
possibly two or three properties in say Bulgaria, swapped for one house
in the UK. And any paperwork needs to be properly drawn up by lawyers
in the respective countries or knowledgeable of the law in the
There are other people that simply want to move to a different area of
the same country, or maybe do not want to return to the UK but would
like to try living in France, not Spain, or Cyprus instead of Bulgaria
and the same concept can apply.
For the last 4 or 5 years TheTravelBug website has focused on property
sales within Bulgaria, helping many British buyers purchase rural
village houses around the Stara Zagora area of Bulgaria, however with
the economic crisis making it difficult for people to free up the cash
to purchase abroad the strong Euro, as well as other factors, the
housing market pretty much everywhere has stalled. This has left many
in Bulgaria (and other countries) unable to sell their properties. I
have therefore decided to offer a property exchange service.
Articles on House
Exchange Service - trade your UK property for a smallholding
Way to Buy Bulgaria Property: House Swap
Swapping - the future of a tough market?
to do a permanent house swap
there's no way out try a home swap
Swaps - not just for vacationers anymore?
and its role in the UK market
I am aware that there are a
number of people that would like to leave Bulgaria, France, Spain etc
but cannot now afford anything back in the UK, or maybe they want to
move to a different country. On the other hand there are people in the
UK who would welcome the opportunity to move abroad, to sunnier
climates, live in the countryside etc but as selling property is very
difficult at the moment anyway, they can't sell their house in the UK
to release the cash so swapping their house in the UK for a house in
Bulgaria or France or Spain might be a good option. And the person
owning the house in Bulgaria, France, Spain etc gets back on the
property market in the UK (or which ever country they choose).
The cost to list a property
on the Permanent Property Exchange here on TheTravelBug
is 24.95 Euros (single property) and 99 Euros for multiple listings (no