Buying property abroad could lead to high profits, it has been suggested by Founding director of Property Frontiers, Ray Withers, who believes that a number of people who traditionally buy commercial real estate in the UK are starting to look overseas.
"More and more investors are showing an interest in purchasing properties abroad for their high profit potential .." he said ".. and this could be because it is seen as a way of reaping reasonably high rewards".
In a recent report cited by CFG, Commercial Finance Group, Withers stated that investing in countries with economies that are recovering means that commercial property buyers are likely to earn a profit. He noted that this is especially the case in emerging markets.
Bulgaria and Montenegro were highlighted as places with particularly good opportunities, with Property Frontiers pointing out that investors could purchase a brand new holiday apartment in these locations from as little as £23,000.
Investors considering purchasing real estate abroad to use or to rent out to tenants were recently advised by Jonnie Irwin, presenter of "A Place in the Sun: Home or Away", to consider the market potential before signing any contract. MovetoBG.com endorses this advice and adds that buyers should always conduct background research, identify a range of property options and follow a strategic plan for their property purchase.
"More and more investors are showing an interest in purchasing properties abroad for their high profit potential .." he said ".. and this could be because it is seen as a way of reaping reasonably high rewards".
In a recent report cited by CFG, Commercial Finance Group, Withers stated that investing in countries with economies that are recovering means that commercial property buyers are likely to earn a profit. He noted that this is especially the case in emerging markets.
Bulgaria and Montenegro were highlighted as places with particularly good opportunities, with Property Frontiers pointing out that investors could purchase a brand new holiday apartment in these locations from as little as £23,000.
Investors considering purchasing real estate abroad to use or to rent out to tenants were recently advised by Jonnie Irwin, presenter of "A Place in the Sun: Home or Away", to consider the market potential before signing any contract. MovetoBG.com endorses this advice and adds that buyers should always conduct background research, identify a range of property options and follow a strategic plan for their property purchase.
For advice, assistance and information about Moving to Bulgaria, we recommend that you visit our website at MovetoBG.com - and for accommodation options, resources and services, we suggest Bulgaria Gateway
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