Experts support overseas purchases for UK investors
Although buying an investment rental property near to your home is reassuring in a “I can walk past any time I like” sort of way, a more financially advisable option would be an overseas rental real estate market. Although there is level of comfort in knowing that an investment is literally down the road, as a monetary consideration, the experts currently feel that overseas is better.
Investing in rental property abroad
The Telegraph reported that research by Lloyds TSB International found that there were strong indications that the global recovery is underway. Most notably, the holiday rental industry – in all regions – is expected to remain healthy, meaning that investors of buy-to-let properties in such areas can anticipate a continued stability. With firms like Pierre & Vacances Property Investment firmly established in such areas, there is ample opportunity for the first-time investor to benefit from their expertise under these favourable conditions.
Additional benefits available to UK investors
The government in France offers a VAT rebate to UK investors of up to 20 percent of the purchase price of a property. Based on the age of the property in question (with new build units offering the full 20 percent rebate, whereas refurbished constructions see a variable rate of between 6 and 14 percent), this can represent a substantial and attractive saving for prospective investors.
Our advisors are available from Monday to Saturday, do not hesitate to contact us.
(International call rate - No additional charge)
Monday to Friday from 8am to 7.00pm. Saturday until 3pm.
Write to us
For more information you can also contact us by email, an advisor will be in touch with you.