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8th October 2007 12:15
There is more potential to make money in foreign property markets than there is the UK, according to industry experts.
BuyAssociation, an independent property website offering impartial advice, claims that capital growth and rental yields are more favourable in foreign markets than in the UK.
Consequently, more property investors from the UK are seeking opportunities in far-flung destinations as British newspaper, the Sunday Mirror, highlighted when it named Brazil one of the top six places to invest in the UK last month.
Paul Collins, overseas property editor of BuyAssociation, said: "When people are buying property now they want it to make some money for them. And the opportunities for that are much more extensive overseas than they are in the UK."
The AIPP's first annual report on the international property market estimated that in 2006 nearly £20 billion was spent by UK buyers overseas, with the average price of a British-owned property costing £98,166.67.
Investment in Brazil has been made easier in recent months with the addition of flight routes from the Middle East and Europe.
Last week VRG airlines announced that it will begin a new direct flight link between Sao Paulo and London from October 28th.
For more information on Brazil property investment and to find out about uv10's latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com
When it comes to property investment, the early bird really does catch the worm.
uv10s web site is designed to help and will provide you with the following invaluable information:
To know more, and have the chance to be one of the first to invest in this exciting and dynamic market, fill out our online form and we'll be in touch to answer all your questions.
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