Property Prices Stagnate For 2009 - The Secret Of A 2009 Investment

PRLog (Press Release) - Jul 14, 2009 -
Without doubt we have all seen some of the worst conditions in the global property marketing for over 30 years, and although some experts are predicting that we have reached the bottom, it is the belief at the leading property portal www.millionaire-investments.com that buyers need to be careful with their decisions. If a buyer is looking for a long term investment then they do have a level of safety, but what is the point in buying into a less desirable location that recovers slowly.

At Millionaire Investments they have seen buyers increasingly looking to explore either high value or quality acquisitions in the better locations. This can be a real balancing act between a good price and housing shortage. If the market in an area has more buyers than sellers, then the prices will hold, but sellers in these areas still have a strong desire to sell, and opportunities for good deals are available.

Millionaire Investments advice to buyers is to look for investments in a location that is most desirable to them, and then negotiate hard for the best possible deal. Desirable areas will also have a much stronger rental market. With low mortgage rates, the ability to haggle a low purchase price and strong rental opportunities, these are the defining traits of a good investment.

If you take Spain as a popular overseas investment destination, especially for European buyers, then choosing the more elite Costa's is very important. There is an abundance of property at very low prices in Costa Brava, and although this Costa has some beautiful property it is not necessarily the most desirable location. My own personal advice is to seek out the opportunities in Costa Del Sol as prices have dropped significantly but the quality of the location means recovery and potential growth is higher.

The www.millionaire-investments.com portal has many opportunities starting from €200,000 working up to the luxury property market. The portal does come with a £199.99 membership fee to join, but once a member invests, then the annual membership fee is refunded. Also www.millionaire-investments.com has launched a property finder service to non-members. The Millionaire Investments portal hit the online headlines recently for superb cash-back deals, and are looking to launch the next phase of this type of investment very shortly. Also buyers will get a good insight into certain popular markets with the forthcoming launch of the MI Invest magazine.

Millionaire Investments is certainly becoming a leading property portal, and it is my belief it will have a significant effect on the way people invest in the future. Property clubs are becoming more prevalent, but the attributes and background Millionaire Investments means that this club will have a greater global reach, and already boasts one of the strongest networks of agents and investors online today.