Wednesday, 25 January 2012

Where to Invest in Property in 2012

By Aaron Ogilvy


With the world becoming much smaller thanks to advancements in international travel, property investment hotspots are easier to find than ever before with a choice of countries to choose from. Competition is fierce however, so it can be necessary to get in early to beat the crowds. With property investment currently very popular, the best thing is to look at the options available before carefully examining a list of individual requirements below market value in advance of any decision making.

Some European countries have always remained popular for property investment, especially Spain, Portugal and France, where value for money has always been good. However with many of the prime locations now occupied and prices rising, new contenders for 2012/2013 have been getting in on the game. Malta, Turkey and Egypt are proving to be great options, especially since they offer similar great beaches and year-round sunshine, but are typically lower in value and less competitive, making for a sensible investment with its own selling points.

While Europe is a fantastic starting point, there are plenty of other great locations and overseas properties to choose from even if it does mean a little more travel time. New flight routes to the Far East have opened up these countries to property investors, keen to capitalise on the heady mix of exotic charm and a dazzling array of modern cities mingling with ancient culture and breathtaking beauty spots.

The West has a good relationship with South East Asia and top cities like Bangkok and Kuala Lumpur command worldwide interest for their popularity in the business and tourism domain. With masses of potential, overseas properties are especially attractive to people looking to buy below market value and wanting to make a good return. With little competition as yet and comparatively low prices, there is no better time to consider this region, but it pays to be quick.

By opting for the right property investment, income can be increased, especially as many buyers choose to rent out their premises to those requiring a base for travel and business. Of course there is also the option to hang on to the property, using it either as a holiday home or a means of increasing value and return in the future.

When it comes to paradise location, the Caribbean is hard to beat, especially since it boast excellent dive sites, a friendly atmosphere and a choice of beautiful islands to discover. Year-round sunshine and a friendly population make the islands a safe bet with little negative to consider. An easy distance from wealthy European and US travellers, this is a great place to think about for those looking at overseas investment properties, which can be used as a personal base, or rented out to holidaymakers.

In terms of investment opportunities within the UK, many people are steering clear of the capital itself, instead heading to cities like Manchester which has seen a massive regeneration programme in recent years and is popular with everyone from families to students. With prices still considerably lower than southern cities and even some below market value, Manchester makes sense, especially since it boasts industry, business and education excellence, all of which are major pulls for those looking to buy a property.

With masses of options across the world and plenty of overseas properties, there really are no limits and it's simply a matter of investors doing some research and working out what they want, whether it be overseas properties or something a little closer to home. After that it's simply a matter of finding a property below market value which ticks all the boxes.




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