Matt Moore from World Investment Services Comments on Low Euro Rates and Its Impact on Investment in Overseas Properties
Overseas property was once viewed as the preserve of the seasoned investor or as a lifestyle choice for the world's super wealthy. This could not be further from the truth states Matt Moore from World Investment Services. "Overseas property has steadily gained recognition as a viable option for all levels of investors and with the recent mortgage scares in the US and now in The UK (with Northern Rock) overseas property investment is now becoming a more viable option."
(PRWEB) September 28, 2007 -- Overseas property was once viewed as the preserve of the seasoned investor or as a lifestyle choice for the world's super wealthy. This could not be further from the truth states Matt Moore from World Investment Services. "Overseas property has steadily gained recognition as a viable option for all levels of investors and with the recent mortgage scares in the US and now in The UK (with Northern Rock) overseas property investment is now becoming a more viable option."
It is more difficult than ever before for first time buyers to get their foot on the property ladder, due to lack of affordable housing stock and a prevalence of buy-to-let purchasers muscling into the lower end of the UK market over the last few years.
It is difficult to obtain an affordable mortgage and Profile Research quoted on Reuters predicts a 'combination of rising funding costs and falling house prices', heralding further interest rate rises as an indirect result of the US mortgage debacle, already evident in Northern Rock's current cash flow problems. In comparison a Euro mortgage can be arranged at an interest rate, in some cases for as little as 4.5%.
Those prepared to look further a field than the UK will be surprised at the possibilities available. Global trade, affordable travel and a taste for more exotic holiday locations, has made the world a much smaller place, with more and more overseas investment opportunities are opening up. It is possible to take advantage of low entry prices, high capital growth rates, rental income (some guaranteed) and also favourable currency exchange rates.
Depending on individual needs and budgets, investors seeking the most lucrative capital returns should look towards off-plan developments in the emerging and new markets of particularly Cape Verde, Eastern Europe, South America and Asia. It is possible to purchase an apartment in India, one of the world's fastest emerging markets for only £22.286, complete with a developer's rental guarantee of 7% for 5 years and predicted capital growth of 25%.
When deciding to invest, it is vital to take advice from those with experience and expert knowledge of worldwide property markets.
World Investment Services specialises in worldwide property investment, sourcing the most lucrative markets predicted to deliver the best capital returns. Each client can rest assured that their interests are looked after by a dedicated team working with a worldwide network of partners, sourcing the best products, best location and the best prices, some pre-release and exclusive to WIS clients.
Matt Moore at World Investment Services on:
Free phone: UK: 0800 520 0241 / IRE: 1800 760 196
www.worldinvestmentservices.com
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