British Real Estate Investors “Naive” to Overlook Eastern European Market
Overseas property investors could be overlooking a key market by not investing in Eastern Europe, according to investment expert.
Investment strategist Carl Dear believes that British real estate investors are unwise to disregard the investment potential that property in Eastern Europe holds. He claims those shying away from this emerging market could be doing so because of a naïve view that most Eastern European countries have a “horse and cart” economy. According to Dear, countries such as Slovakia and Latvia are in fact so dynamic that they will begin to attract more and more real estate investors.
However, Carl Dear goes on to say that the British are starting to realise the potential of investing in some of the new European Union states, Bulgaria and Romania being two of the most recent EU additions as of January 1st 2007. Dear claims that “these countries are dynamic, they're educated, they're ambitious, they're clever, and they know that they have a strong competitive edge over a lot of lumbering companies over in the west."
It is not only Carl Dear’s opinion, but the opinion of many real estate experts that property prices in Eastern Europe that are appealingly low now will become in line with those in the rest of Europe before too long.
If you wish to see the origianl article please click here
Investment strategist Carl Dear believes that British real estate investors are unwise to disregard the investment potential that property in Eastern Europe holds. He claims those shying away from this emerging market could be doing so because of a naïve view that most Eastern European countries have a “horse and cart” economy. According to Dear, countries such as Slovakia and Latvia are in fact so dynamic that they will begin to attract more and more real estate investors.
However, Carl Dear goes on to say that the British are starting to realise the potential of investing in some of the new European Union states, Bulgaria and Romania being two of the most recent EU additions as of January 1st 2007. Dear claims that “these countries are dynamic, they're educated, they're ambitious, they're clever, and they know that they have a strong competitive edge over a lot of lumbering companies over in the west."
It is not only Carl Dear’s opinion, but the opinion of many real estate experts that property prices in Eastern Europe that are appealingly low now will become in line with those in the rest of Europe before too long.
If you wish to see the origianl article please click here
posted by Obelisk International at 1:59 pm
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