Eastern Europe Property Investment is Still Seeing Huge Profits
After years of financial neglect, investment news from Eastern Europe shows that real estate remains consistent in terms of year on year growth
With new bullish figures quoting profits between 20-30% it is no wonder that Western Europeans, a large majority of which are British, are still favouring the lucrative buy-to-let market in the east.
According to the National Housing Federations property reports, the average house price in the UK is forecast to exceed £300,000 within the next 5 years. The NHF also warned that houses were now 11 times the average wage and we could see a massive 40% price rise within the same period. In this current climate it is no surprise that property investments are being made elsewhere in more profitable environments.
Bulgaria has seen a massive influx of investment, in the last few years and is currently in the last stage of the emerging market process. This stage means that developers have increased liquidity and as such are able to create top quality, affordable builds that appeal to the more discerning investor. The mortgage evolution, which allows investors to take advantage of excellent products, exchange rates and interest rates adds to the attraction of property in Bulgaria.
With a marked number of companies relocating to the emerging Eastern European markets, big city property in Poland, Slovakia, Hungary and Romania are all becoming major players for this latest target market. The property developers, within these areas, have not only concentrated on the commercial property aspect but also the high end luxury rental opportunities.
In conclusion, the property investment growth, within these areas, is very much available to either the first time or the seasoned investor looking for a big profit margin.
For more information on global investment opportunities and to findout about Obelisk International’s latest projects, contact: Obelisk International on 0808 1600670 or info@obeliskinternational.com
With new bullish figures quoting profits between 20-30% it is no wonder that Western Europeans, a large majority of which are British, are still favouring the lucrative buy-to-let market in the east.
According to the National Housing Federations property reports, the average house price in the UK is forecast to exceed £300,000 within the next 5 years. The NHF also warned that houses were now 11 times the average wage and we could see a massive 40% price rise within the same period. In this current climate it is no surprise that property investments are being made elsewhere in more profitable environments.
Bulgaria has seen a massive influx of investment, in the last few years and is currently in the last stage of the emerging market process. This stage means that developers have increased liquidity and as such are able to create top quality, affordable builds that appeal to the more discerning investor. The mortgage evolution, which allows investors to take advantage of excellent products, exchange rates and interest rates adds to the attraction of property in Bulgaria.
With a marked number of companies relocating to the emerging Eastern European markets, big city property in Poland, Slovakia, Hungary and Romania are all becoming major players for this latest target market. The property developers, within these areas, have not only concentrated on the commercial property aspect but also the high end luxury rental opportunities.
In conclusion, the property investment growth, within these areas, is very much available to either the first time or the seasoned investor looking for a big profit margin.
For more information on global investment opportunities and to findout about Obelisk International’s latest projects, contact: Obelisk International on 0808 1600670 or info@obeliskinternational.com
posted by Chris at 11:19 am
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