Investment Property Abroad, A Sound Investment?
June 12, 2006 (PRLEAP.COM) Business NewsInvestment Property Abroad, A Sound Investment?
Investing in property abroad is currently proving to be one of the most popular and profitable medium to long term investments. However, when buying investment property in the emerging markets it can sometimes be difficult to obtain up to date and accurate investment information.
Overseas property investors in the established markets of Cyprus and Spain are now looking at the emerging property markets of Bulgaria, Turkey and Dubai in which to invest. Several factors are influencing the property markets in these countries including Bulgaria's expected entry into the European Union and the recent changes to the property ownership laws in Dubai.
The opportunity to purchase off plan investment property continues to flourish in Cyprus and Spain, however even higher investment returns can currently be found in Bulgaria, Turkey and Dubai.
The wide selection of investment properties available, range from studio apartments through to detached villas and exclusive penthouses giving the investor extensive choice regardless of budget. For example a typical Bulgarian studio property can be purchased for as little as 30,000 euros.
Managing Director of Principalinternational.co.uk, Simon Ryeland, commented: "With the enormous availability of off plan property abroad, our investors continue to enjoy high returns and profitable rental yields".
Principalinternational.co.uk has launched its new website, which caters for all your property investment needs whether you are looking for your first purchase or wish to add to your existing property portfolio.
With its large selection of property, both re-sale, new and off plan available for investment, Principal International can provide the property investor with assistance and advice, where required, during the purchasing process which can often differ from country to country.
Principal International are showcasing property from the existing markets of Spain and Cyprus together with the emerging markets of Dubai, Bulgaria and Turkey.
Visit www.principalinternational.co.uk for more information.