Landlord Expert - AM, Thurs 7Th Feb - Overseas Property Investments To Increase In ... - Things Britons Should Know
AM, Thurs 7th Feb - Overseas property investments to increase in ... - Landlord Expert
AM, Thurs 7th Feb - Overseas property investments to increase in ... Landlord Expert, UK - The UK is still the top spot for potential private property investors, with France, the Canaries, Bulgaria and Dubai following closely behind. ... |
Another big winner, with a plethora of new budget routes this year is, perhaps surprisingly, France, with new flights to Rennes, Beziers, Bergerac, Pau and Nantes. Budget carriers Volare, Duo and Air Polonia collapsed in 2004, leaving many holiday home owners with difficult journeys to their properties. Easyjet has started flights from Gatwick to Bucharest. He is buying a GBP50,000, one-bedroom apartment in mediaeval Brasov, Romania's seventh largest city, of just under 300,000 people. He says security for properties left empty tends to be better in resorts and tourist areas than in rural areas. High flight frequency, low cost, and ease of travel are key requirements, especially if an investment property is to be rented out successfully.On those criteria, Romania seems destined for success. If you do not have an RSS reader but will like to receive our news items as they are posted, please also click on the 'Subscribe' button to chose from a list of popular RSS reader suppliers and find out more. In 2005, EUJet, which flew to 22 destinations from Kent, went into liquidation. New build three-bed villas near the capital cost €200,000.Buying a home is relatively straightforward. Please click on the 'Subscribe' button below to find the xml link. Plus there's an airport being built close by which is key, as it will encourage the development of a nearby ski resort," says Philip, who also has investment properties in western Europe.advertisementHe says he took precautions when buying. Romania has seven budget airlines of its own and is already a busy destination for low-cost services from elsewhere in Europe.All this is good news for investors who got in early, such as Philip Groves, a marketing consultant. Savills, an estate agent selling in more than 50 countries, has polled 12,000 British owners of European property and discovered the average price of holiday homes near airports was 39 per cent higher than comparable properties further away. When let out, near-airport properties secured 30 per cent higher rents, too. Wizz Air and Ryanair have both shut down new services at short notice when there were low passenger levels. Wizz Air is expanding its services from Liverpool and Luton to Bucharest, as well as launching a new route from Luton to Cluj in the Transylvania region.
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