UK Remains Top For Property Investment

by Jason Gorringe, Tax-News.com, London

04 February 2008

The UK remains the top spot for potential private property investors, with France, the Canaries, Bulgaria and Dubai following closely behind, while Croatia and Italy are also attracting a lot of attention, according to research conducted on behalf of the Invest in Property Show.

Commenting, show organiser Gordon Hardy suggested that: “It’s a great time for investors with liquidity to realise their investment potential. There are few signs of jitters around – in fact quite the opposite.”

According to the research, despite the credit squeeze gloom, the research indicates that there is still a lot of available money out there. More than 50% of those who have registered for the Invest In Property Show in March have indicated that they have at least GBP100,000 to spend on a property investment, and around 12% have access to GBP450,000 upwards if required.

The research further revealed that more than 30% are ready to invest within three months, and 24% within the next six months.

Hardy added that there is also a lot of evidence to indicate that wise investors in property are now balancing their portfolio risk through financial products such as REITS, trusts and funds, explaining that:

“Our own research indicates that these are being used by a broader spectrum of investor, just not professional corporate buyers. In a sense people have become more sophisticated about investment in property but they still see it as a good buy.”

The Invest In Property Show, now in its 3rd year, is being held in London at Old Billingsgate between 27th – 29th March.

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