Investing in property, particularly overseas, can be one of the most exciting, satisfying and ultimately rewarding activities you can undertake.
Unlike other investments for your financial security and future, property investment is fun.
According to the Office of National Statistics, 65,000 Britons currently buy property overseas every year, and an estimated 11 million Britons could own property abroad by 2011.
What type of purchaser are you?
Whether as a ‘lifestyle’ purchaser, buying principally for future holidays or retirement, or a ‘pure investment’ buyer, primarily seeking the best financial return, you are an investor.
Nobody buys a property with a view to losing money – everyone, even retirees, buys with an expectation that the property will increase in value.
If you intend to use your property regularly, lifestyle aspects such as culture, weather, language, proximity to the UK, health service, education and taxation will be important to you.
In this context you must decide what you are prepared to accept in terms of investment potential over your personal desire to live in a particular country or location.
Pure investors on the other hand are focused solely on getting the optimum financial return on their investment.
Only you can decide which country you wish to invest in. There are undoubtedly profits to be made from the right investment.
Property, be it at home or abroad, is affected by sentiment, but factors abroad are very different to those found in the UK.
Do you prefer ‘established’ markets, such are Spain or France, or ‘emerging’ markets like Hungary?
As with all investment activities, you should go into it with your eyes wide open and seek the best professional advice you can get – which is where www.propertyinvestment.co.uk can help.
Click here for high quality property investment advice.
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