Europe offers a number of investment opportunities
If you do not fancy investing in the United Kingdom, or you would like to spread your investment out slightly to ensure you hedge your bets, there is a great deal to be said for investing in mainland Europe. There are plenty of opportunities available to invest in the property market in countries of Europe and if you find the right property in the right destination, there is a very good chance that you could make a sizable return for your investment.
There is always a lot to be said for meeting with the experts before you become too serious about an investment and this is a good reason to head along to MIPIM 2016. This event, taking place in Cannes in March 2016, will see property experts from around the world attend, giving you the ideal chance to speak to the experts who understand the markets in these areas. While there are some well-known names and destinations when it comes to property investment in Europe, there may be some places that you haven’t considered yet.
The Baltic States
Okay, this isn’t one country but the Baltic States of Lithuania, Latvia and Estonia in northeast Europe are experiencing a great deal of investment from foreign investors. The capital cities in these countries,Vilnius,Riga,and Tallinn have welcomed a considerable number of investments from foreign buyers but there are still opportunities in these cities. There is also opportunity in other cities in the countries and there are plenty of incentives, including a low flat-tax, to make your investment worthwhile.
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Budget airlines are flying to and from these areas. Estonia has developed into an important tourist destination in Europe and you could make around a 350% return on your investment.
One thing that Portugal has going for it, aside from the sunny climes and great beaches is the fact that the cost of living is extremely affordable in Portugal at the moment. This hasn’t been so good for the local residents because this has been achieved on the back of a recession but it means that there is great scope for foreign investors. There is a region called the Silver Coast that is very much on the up and if you are looking to snap up a sizable and instantly ready 4 bedroom home in this part of Portugal, expect to pay less than £100,000! With plenty of flights to and from the UK, you should find that Portugal has a lot to offer and it is believed that there is a chance to make a return of over 350% on your Portuguese investment.
If you dream of investing in a sunny climate, buying a home where you can retire to or enjoy many summer holidays, Poland isn’t going to be one of your first options. It is a very wet nation, but it is also a country that is considered to be one of the leading lights when it comes to EU opportunities. A number of major name companies are moving into Poland and the country is set to reap the benefits of a sizable amount of EU funding within the next decade. It is believed that Poland could receive up to €70 billion in EU funding. This means that it should be a nation that is of interest to you and some property investments experts have cited the chance to earn close to a 400% return on your investment on Polish property.
Romania is a country that is definitely on the rise and there are a number of reasons why you should look into investing in the Romanian property market. As Romania is currently an applicant country to the EU, there are a number of positive economic prospects on offer in the country and the price of many fixer-upper homes in Romania is well within the reach of many of the UK population. Given the fact that there is a high level of infrastructural investment scheduled to take place in the country very soon, this would be the ideal time to get involved with this market. Some experts predict that there is a chance to make over a 400% return on your investment in the Romanian property market.
To make sure that you are ready to attend and take on board what all of the property experts are saying in Cannes, you want to make sure that you have a great place to stay when in the local area. When it comes to finding the best accommodation that Cannes has to offer, booking early allows you to focus on researching the market and figuring out what sort of investment opportunity you are looking for.
Andrew Reilly is a freelance writer with a focus on news stories and consumer interest articles. He has been writing professionally for 9 years but has been writing for as long as he can remember. When Andrew isn’t sitting behind a laptop or researching a story, he can be found watching a gig or a game of football.