For some employees, WFH now includes a view of the Mediterranean

As Covid cases spike, some Europeans and Americans — not just the ultra wealthy — have been heading to warmer climes

National Weekend Edition /
Nov.November 21, 2020 02:00 PM
Palermo, Italy (iStock)

Palermo, Italy (iStock)

As winter nears and coronavirus infections spike in the U.S. and parts of Europe, some workers are heading for warmer, more remote climes.

Those fortunate Europeans and Americans — but not ultra wealthy — are leaving cities like Paris, London and New York for locales around the Mediterranean, according to the Wall Street Journal.

Besides the weather, some destinations have the added benefit of a lower cost of living. Jennifer Babin, whose employer is based in Paris, is working in Sicily. She pays about $710 per month for a two-bedroom apartment in downtown Palermo, a third of the rent she paid in Paris.

Manchester, England, native Duncan Wallis also moved to Sicily, and said he sees “no good reason to leave,” given that restrictions in Italy will be similar to those in his home country.

“I wanted to go to a place where I could get a bit of sunshine, spend more time outside, and where rents would be a little cheaper,” he told the Journal. “It’s working pretty well.”

Americans are restricted in their travel, but can get to some European countries if they are seeking residency. Jincey Lumpkin and her wife flew to Portugal from New York in September. They went house hunting with plans to stay permanently when their residency visa is approved.

Lumpkin works in the beauty industry as a writer and is still working on an East Coast schedule, which she says works with her night-owl schedule. She called it a “blessing in disguise” when she was laid off from an advertising firm this summer.
Some hotels are also offering long-stay packages catered specifically to people working abroad. [WSJ] — Dennis Lynch 


Related Articles

arrow_forward_ios
Before the pandemic, national tenants paid 94 percent of rent. (Getty)

Retail rent collections rebound to 90%

Retail rent collections rebound to 90%
Clockwise from left: Donald Trump, Joe Biden, Airbnb CEO Brian Chesky, Opendoor CEO Eric Wu, Black Lives Matter protests (Illustration by The Real Deal)

For real estate, a year like no other

For real estate, a year like no other
The Covid-19 vaccine is being distributed across the country, but it won’t provide an immediate cure for office landlords. (iStock)

Covid-19 vaccine won’t be immediate cure for office market

Covid-19 vaccine won’t be immediate cure for office market
Some restaurants and hotels are partnering up to offer private dining in empty rooms, in an attempt to survive the economic fallout of the pandemic. (iStock)

Hotels turn empty rooms into private dining suites

Hotels turn empty rooms into private dining suites
Photo illustration of Senate Majority Leader Mitch McConnell and Speaker of the House Nancy Pelosi (Getty, iStock)

What the new stimulus means for restaurants, indie movie theaters

What the new stimulus means for restaurants, indie movie theaters
BentallGreenOak CEO Sonny Kalsi (Getty)

“Bullish on Japanese offices,” Sun Life unit plans $10B investment

“Bullish on Japanese offices,” Sun Life unit plans $10B investment
CFOs worldwide are sounding the alarm about excess office space. (iStock)

Global CFOs have a message for real estate investors: We’re cutting space

Global CFOs have a message for real estate investors: We’re cutting space
Blackstone president Jon Gray (Photo via YouTube)

Blackstone’s quarantine-themed holiday video stars sanitizer, sourdough starter and Santa

Blackstone’s quarantine-themed holiday video stars sanitizer, sourdough starter and Santa
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...