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Investors Interested in Overseas Property

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United Kingdom  Spain  United States  Investment Timing  Worldwide Property Group  Purchasing Real Estate  Kevin Wilkes 

Investors Interested in Overseas Property

By - Wednesday 22 September 2010

New research has found interest in buying overseas property to be at its highest level since April this year. The study, conducted by UK-based Worldwide Property Group, found that 72 per cent of respondents are of the belief that now is a good time to purchase real estate.

Among the more popular destinations cited by investors as potential investment areas included the US, Spain, UK, Caribbean and Brazil.

A massive 82 per cent said that now is a good time to buy property in the UK, with many stating that they thought that interest rates would remain at their current level. Indeed, many respondents added that they are currently benefitting from the low rates.

"We see mounting evidence of people's belief that interest rates will remain low for quite some time," Kevin Wilkes, managing director of the company, said. "The number of people who feel that rates will increase over the coming year has progressively reduced over the last four months, if this trend is correct this is excellent news for anyone buying a property."

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*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

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