UK PROPERTY NEWS & ADVICE

Investment Property

Nowadays, when you ask people what they would like to be if they had the opportunity, the answer is as likely to be "a property developer" as "an astronaut". Property investment seems to be the ideal job, when you consider it: start with an initial investment and watch it grow way over the rate of inflation as the housing market booms and demand for quality housing remains stable.

If you can't afford to start your property development empire in the UK, or perhaps are looking for another challenge, going overseas could well be the solution you are looking. Why buy a terraced house in Scunthorpe when you can invest the same money in property Bulgaria and get something more substantial? Experts also suggest that there are greater gains to be made from markets outside of Britain. A great example of this principle is what happened with property Spain after the fall of Franco. A sudden rush of investment from all over the world meant that the value of housing in Spain saw decades of consistent growth, making early investors very wealthy.

The choice of property Romania has to offer is surprising to many people. As a result, now is the time to invest a country which is very much "on the up". You can find a fantastic summer house for much better prices than similar locations in Western Europe.

More adventurous property investors are now looking further overseas to make maximum profit. Brazil properties would have been unthinkable for many people a decade ago but now Brits are among the biggest investors in the biggest country in South America. Particularly popular is the Bahia area in the north of the country which enjoys fantastic weather year-round and is the only place on mainland Brazil where you can watch the sunset over the Atlantic Ocean (from the bay).

If Brazil's stunning climate isn't hot enough for you, how about the Middle East? Dubai properties are a great option for wealthy people and the country is an increasingly popular locations for millionaires to invest a little of their spare money. If you are looking for a new place to live and earn some money, there are great opportunities to make a killing in Dubai as wages are significantly higher than in the UK for many professions. Cheaper properties in Morocco also offer the opportunity to enjoy some desert heat but opportunities to earn money are not as widespread as in Dubai.

*Courtesy of Compass Worldwide Properties

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