UK ranks 8th in a “Top Ten places to invest” survey
Wednesday 25 th February 2009
Property investment in the UK has never been more attractive according to leading property investment magazine Jet to Let.
Following their recent annual survey into popular investment locations, the UK for the first time ever entered in at number 8 in their Top Ten places to invest.
An accomplishment that proves that the UK property market is on the brink of change.
Other countries included within this survey were:
1. Cyprus
2. France
3. USA
4. United Arab Emirates
5. India
6. Spain
7. Italy
8. UK
9. Morocco
10. Greece and Turkey
One of the reasons Jet to Let offered for the UK’s sudden appearance in their magazine was increasing property interest from foreign investors, and we can see why.
With the Euro already taking 20-30% off UK property prices, investors can now benefit from an instant 50% profit when investing in our reduced property prices. A profit that has spurred investors back onto the market.
Of those who were interviewed for this survey, 36% stated that they planned to make an investment in the UK in next 12 months, whilst a further 26% planned to invest even sooner opting for the next 6 months.
When you take into account that previous to this survey the UK has never before received such a high ranking globally, both of these statistics go on to prove that confidence in the UK property market is returning.
Investors have recognised the long term potential of investing in the UK and are taking advantage now in preparation for the capital they’ll receive when the market begins to stabilise.
An event that may not be that far off.
In the last two months, UK properties have on average experienced a value growth of £7,400. An increase that has occurred across the entire breadth of the UK.
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