Fly to Buy 21 02 2008 - News Archive

Fly to Buy

More and more UK property investors are now looking at investing abroad. Currently it is reported that around 4 million people from the UK own a property abroad. It is thought that by 2012 that figure could rise by 13%, and increase by as much as 100% over the next six years.

The reason behind this increase is the same as why investors buy in the UK. With low priced property and good rental returns first time buyers are also attracted to this option. This gives them a chance to earn revenue to put towards a deposit and get a foothold on the UK property ladder.

With property in places like Egypt from as little as £15,400 for a 1 bedroom apartment it’s easy to see why more people are investing abroad.
 
:: Added on: 21:02:2008 ::

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