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Senior Neg

The Best Off Shore Investments

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More vendors are struggling to sell as we are entering into the second year of a national property sale slow down. With the exception of certain key areas (those set to have better amenities and improved links to the city), more and more purchasers are offering well below the asking price. If you are one of the fortunate ones who has already sold then 'Kudos' to you, but what should you do with the money you have released. The best places to invest is still in property as savings accounts will only not offer much in interest, so where can you be sure of a health growth?

With the growing speculation as to the stability and inevitable downward spiral of property prices here it is a daunting task to find the right location to invest. Windows for opportunities within the European market may seem like a viable option, the ever growing boarders of the European Union has meant that countries joining the common market do benefit from a boast to their economy and housing prices. However there are cautionary tales of too many shysters read to pounce on the unsuspecting, foreign builders holding you to ransom over the cost of completing the work to a property and the hidden legal costs of land registry/rights of use.

So where should your money go? Which country has remained under the investment radar? Let me take you to the old country, an island that has big plans and low prices. Sicily!

A country which sees over 38,000 Italians renting homes, rooms and even floor space just to enjoy the holiday season under the Sicilian sun. Not so much off the beaten track but in the heart of its coastal town you can find two bedroom town houses starting from only 13k.

So where's the potential? One of the most ambitious engineering project has now be sent in place, construction has begun on a four kilometre suspension bridge linking Italy to its nearest Sicilian point, a town called Messina. Added to this pioneering project is the arrival of a new airport on the Italian coast which British Airways has now been awarded the contract to fly in holiday maker from around the globe.

European buy to let mortgages general require a 20% deposit (normally 10% here in the UK), with monthly repayments at approximately £60 - £80 a good holiday rental season could see your repayments covered for the entire year. This is a prime opportunity to see your investment triple in less than three years!

There are a handful of internet companies ready to help you with you purchase.

Senior Neg.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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