Investment Property. New Kid in Town
As the frenzie to buy investment property in so called hot location such as Cyprus ,Costa Almeria and Bulgaria. There are a number of wise property investors that are taking advantage of a closely gaurded secret !
PR9.NET December 10, 2005 - The secret to any successful investment property is to obviously strike while the iron is hot but once every body jumps on the property investment band wagon, the so called hot investment becomes a Luke warm long term waiting game.
Its still the same risk it just takes longer for a return and the return is generally less.One has to ask the question . "Are there any more hot property investments worldwide?" Well the answer is a unanimous YES! Just follow the worldwide sporting calender !
With China set to be the world's second largest economy by 2020 and currently accounting for 50% of the world growth, the capital , Beijing , is the next location for anyone looking for maximum profits .U.K. property investors have been slow spotting the potential but the ripple is starting to take effect. The potential is huge!
The main attraction being the beijing 2008 Olympics as well as a law banning all
building work from January 2007 until the end of 2008 as the government want the city to be ship shape in time for the Olympics. Many property investment analysts predict that, over the next decade property
prices in Beijing will be in line with other major cities such as New York and Tokyo. With its current low prices i.e. £120,000 for a luxury penthouse compared to current prices in other cities as well as its bouyant rental market and antisipated growth rates, its not difficult to do the maths. The investment property opportunites are clear for all to see.
Contact Robert Horwood for more insights into this topic.
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