0

I bought house on an idyllic island for £48k when I was priced out at home – even my wi-fi is now a third of the cost

A WOMAN bought a fancy property on an idyllic island for £48,000 after quitting a corporate job in America – and has made it her second home now.

Stephanie Synclair, 41, quit her big-time marketing stint to start her own consulting business so she could work remotely and travel the world.

Stephanie bought a fancy property on an idyllic island for £48,000 after quitting a corporate job in America

2

Stephanie bought a fancy property on an idyllic island for £48,000 after quitting a corporate job in AmericaCredit: Mickey Todiwala/CNBC Make It
She instantly fell in love with the city as soon as she landed there

2

She instantly fell in love with the city as soon as she landed thereCredit: Mickey Todiwala/CNBC Make It

Having recently stepped into her entrepreneurial journey, Stephanie had the freedom to go anywhere in the world and work remotely from her destination of choice.

She looked up for the cheapest international flight ticket and decided to visit the place that first popped on her screen – Sicily.

The 41-year-old told CNBC: “I knew it was time to quit corporate America when I was sick of people telling me when to take a lunch break. I wish it was deeper than that.”

“The first place i found on the internet was was Palermo, Sicily, and that’s how me and my son ended up here.”

Having paid £200 for the plane tickets, Stephanie and her six-year-old son Caden set off to the island city.

She told the media outlet she instantly fell in love with the city as soon as she landed there.

“I knew from the moment I landed that I loved it here, and it was almost like home for me.”

Having previously lived in Atlanta, the single mum bought a house in the idyllic island for £48,000 and decided to settle down in her “second home”.

Thee three-bedroom, two-bathroom, 4,000-square-foot house costed her way less than what she would have paid for a house back in Atlanta.

On the top of it, she spent another £20,000 to renovate the whole place.

She now runs her own tea company, LaRue 1680, pays herself $80,000 per year, and lives in her dream place while spending a fraction of her American lifestyle.

She paid for the house in cash, and her basic living expenses in Sicily are minimal as the utilities are less expensive.

Even her Wi-Fi costs about £40 per month, one-third of the cost she used to pay in Atlanta.

Her biggest expense in Sicily is to rent a car for travel – and the cost deoends on the season.

During summers, she easiy gets car for a week-long period for around £100.

Though the amount shoots up in winters.

Back in Atlanta, Synclair lives in a three-story rental home that costs £1,800 per month.

Her second-biggest fixed cost in America is car payments on two vehicles, which cost her over £800 every month.


#bought #house #idyllic #island #48k #priced #home #wifi #cost