Overseas Investment Properties - that
work!
When looking to purchase
overseas investment properties, a number of factors must come
into mind, is the property mainly for investment, or a mixture
of vacation and investment.
overseas investment properties has
been the main focus in the last 5 years for a lot of
investors who have been looking to save money and make good
returns and bigger rental yields that the UK could not
supply.
Now as we have surely entered the global
meltdown, recession or financial crisis this obession with
overseas investments would have slowed down.
According to the Association of
Foreign Investors in Real Estate (AFIRE), the overall value
of overseas purchases in 2009 will be 54 per cent up on
2008.
There are a
number of investments that still offer no money down deals, and
with the re-introduction of SIPPS, it is ideal to purchase
certain low entry high yield returns say in the
Caribbean.
With the Euro
and Sterling going head to head more and more people are
looking for overseas investment properties further a field,
this has been backed up by the tourism board who state that
long haul holiday destinations are on the up, while local and
euro vacations are declining.
Global Choice have also acknowledged the difficulty in raising
finance to purchase any overseas properties, and for many this
is the main point for not going ahead, there is a new project
Eco Friendly, which is a very low entry but high yield
investment is worth checking out fully SIPPS compliant.
Our Finance team have also established that there is over
4.1billion unloved dormant pensions sitting out there in the
UK, and when investigating you could easily purchase some
investments using other peoples money and your
pension.
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