Tue, 27 Nov 07
As the British property market begins to cool, Brits are moving away fom traditional destinations such as
Dale Lovell, Editor of JustOverseas.co.uk explains; While property enquiries for traditional countries usually targeted by British buyers, such as
JustOverseas.co.uk argues that the increased interest in these destinations can be attributed to British buy-to-let investors moving away from the British market, where rental yields are now typically as low as 2-3%, in favour of more lucrative returns overseas.
Real bargains available
Many emerging markets typically see rental yields above 10%, as well as increase in equity value, something that is unlikely to continue in the
Continues Mr. Lovell; There are some real bargains available in the emerging property markets if investors choose wisely. As with any property purchase, location is key, but other factors to consider should be the economic outlook for that particular country and the overall rental market. If these factors are good then the chances are your investment will grow and you will not be left with an expensive property you can’t find a tenant for.
To help Buy-to-Let investors find their ideal investment property abroad, JustOverseas.co.uk argues that
Popular places to buy include the major cities such as Rio de Janeiro and Sao Paulo where some developers claim 18% rental yields are achievable and beach resorts such as Natal, where a new International Airport and numerous new developments are attracting investors from around the world.
Back to: News Index