The prices of properties went down in most countries during the recession and economic crisis of the last three years, although prices in some countries slumped harder than others. However, if you are thinking of buying a holiday home, now could be the best time to do so, as prices are starting to recover in many countries and if you wait much longer you may have missed the boat.

Despite the weak exchange rate of the pound to the euro, you can still find Property in Marbella for sale at extremely good prices. Prices in Spain were some of the worst hit in the crisis and you can buy some beautiful villas for less than you would think.

America too is a good place to look for a bargain holiday home and you are likely to be able to pick up something more than decent for a couple of hundred thousand dollars.

Another option is to look at emerging markets for second homes such as Turkey, Croatia or Bulgaria. They all have a certain attraction as you can buy apartments or villas on the coast for a fraction of the price we would pay in the UK.

The thing is that you have to do your research on the prices in each place and they can vary from region to region even within a country.