With both transport links and property in Europe becoming increasingly available, ever growing numbers of older people are choosing to retire abroad, according to one firm.

The BuyAssociation, an impartial overseas property advice service, has asserted that better transport links and the falling price of healthcare abroad is encouraging the development.

Paul Collins, overseas property editor for the firm, comments: "It is financially viable because the cost of living, even in areas which are really popular in Spain, is significantly less than it is in the UK."

The company has previously stressed the importance of getting an independent solicitor to check over deed titles when buying abroad, as well as ensuring contracts are in order.

BuyAssociation has also noted today that, while traditional destinations such as France and Spain remain popular, older people are increasingly looking to emerging markets like Bulgaria as they retire.