UK and America Property Most Popular with Overseas Buyers
The world of overseas property investment has turned on its head. UK property, once a marketing tool for the strengths of other countries, is now most popular with European investors, because of pound's weakness against the Euro exacerbating price drops, and America property, once way down the list of destinations considered by UK investors, is now one of their favourites, again because the price of properties in the country has dropped massively.
Hartlepool, United Kingdom, March 21, 2009 --(PR.com)-- UK property will probably see a drop in popularity if the Euro takes a nose-dive against the Pound as is expected later this year. US property however is not dependent on its currency being weak and is likely to see prolonged popularity with UK and overseas buyers.
Both the UK and the US have big problems with foreclosures, which are also an attraction to overseas (and internal) investors because their massively reduced price gives them a large sum of instant equity.
Another attraction which carries for both countries is their low interest rates, people who can get finance for properties in America and the UK, are doing so very cheaply.
Overseas property portal Property Abroad is currently listing dozens of properties for sale in America, including a large selection of repossessed, distressed and short-sale properties.
Repossessed American properties advertised on the portal start from £17,000, and UK properties for sale start from £69,000.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.
To find out more contact the team at: les@property-abroad.com
Property Abroad LTD
182 York Road
Hartlepool
TS26 9EA
www.property-abroad.com
Chief Marketing Analyst
Liam Bailey
liam@property-abroad.com
###
Both the UK and the US have big problems with foreclosures, which are also an attraction to overseas (and internal) investors because their massively reduced price gives them a large sum of instant equity.
Another attraction which carries for both countries is their low interest rates, people who can get finance for properties in America and the UK, are doing so very cheaply.
Overseas property portal Property Abroad is currently listing dozens of properties for sale in America, including a large selection of repossessed, distressed and short-sale properties.
Repossessed American properties advertised on the portal start from £17,000, and UK properties for sale start from £69,000.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.
To find out more contact the team at: les@property-abroad.com
Property Abroad LTD
182 York Road
Hartlepool
TS26 9EA
www.property-abroad.com
Chief Marketing Analyst
Liam Bailey
liam@property-abroad.com
###
Contact
Property Abroad LTD
Les Calvert
0845 2000 467
www.property-abroad.com
Les Calvert
0845 2000 467
www.property-abroad.com
Contact
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