Such investors in Africa see the UK as secure country for long term investment with the aim of using rental income for children’s UK education, their own UK holidays or ultimately as a pension
Lancashire, UK (PRWEB UK) 31 October 2014
Find UK Property conducts regular surveys on non-residents who are looking to buy or have purchased property in the UK. A recent survey conducted in early October 2014 showed that investors from Africa are now one of the largest groups of overseas nationals that are buying low cost investment property in the UK outside London.
The largest grouping (by continent) of investors looking to buy low cost investment property outside London is actually from Asia. Many are from the countries of the Far East including Hong Kong, Singapore, Malaysia, India and China. Africa is second only to Asia in this respect.
Within Africa, many such investors are living in the main countries in Central Africa (Nigeria, Ghana, Congo, Gabon, Cameroon and Senegal) whilst others are from South Africa.
Andy Noble, Senior Marketing Consultant at Find UK Property said “Such investors in Africa see the UK as secure country for long term investment with the aim of using rental income for children’s UK education, their own UK holidays or ultimately as a pension.”
About “Find UK Property” Find UK Property are the 'buyers' agent and specialize in helping serious overseas buyers find the most suitable investment property for their needs. The company conducts regular surveys on overseas investors and findings are printed at their “UK Property News” Blog at http://blog.findukproperty.com.
The most popular purchase are the fully managed low cost houses in the price range of £55,000 to £70,000 that come with full management, repair guarantees, and guaranteed rent. Many clients are seasoned investors who may have purchased investment property in other countries via sister companies Openshore Property and Sandcastles based in Dubai. Further details can be found on the Find UK sales website at http://www.findukproperty.com
Most overseas investors spend their rental income in the UK rather than remitting it abroad. The positive effects on the UK economy of such property investment is not appreciated.