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Follow on Google News | UK and America Property Most Popular with Overseas BuyersThe world of overseas property investment has turned on its head.
By: Les Calvert 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- Property Abroad LTD 182 York Road Hartlepool TS26 9EA www.property- Chief Marketing Analyst Liam Bailey liam@property- # # # Overseas property portal with more than 70,000 properties for sale direct from agents, developers and private sellers across the world. Buyers guides, maps, country guides, articles and useful information on buying a property abroad. End
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