THIS IS THE OFFICIAL OBELISK INTERNATIONAL BLOG: A COLLECTION OF PRESS RELEASES, ARTICLES AND OTHER USEFUL CONTENT PROVIDED BY OBELISK INTERNATIONAL. OBELISK INTERNATIONAL PROVIDES INVESTORS WITH OPPORTUNITIES TO INVEST IN CAREFULLY SELECTED REAL ESTATE PROJECTS FROM AROUND THE WORLD.

Tuesday, February 19, 2008

Google Report Shows Confidence in Overseas Property Investment

According to a new statistical report compiled by Obelisk from Google AdWords, the number of investors looking for overseas property investment is now at a high.

Since the emergence of the sub-prime crisis last year, overseas property investment interest has increased by a massive 96% to January 2008, according to reports from Google.

In fact, Google AdWord searches for overseas property investment are now at their highest levels since June 2007 rising by 80%, clearly indicating that overseas property investment is now the preferred alternative to stocks and shares.

The reports from Google also show Obelisk as the most popular overseas property investment search company gaining over 40% of a 700,000 strong overseas property AdWord market share.

Brendan MacHugh, Obelisk client adds, “I found Obelisk surfing through the net, just trying to find out a bit of information. They were putting forward a point of view that they are there to support, with their research and expertise and that was exactly what I wanted.”

The Google findings fully endorse current trend speculation in the overseas property investment sectors. In addition to this, the survey results tie in with current tendencies and inclinations discussed by UK based investors and advisers.

Experts within the National Association of Estate Agents (NAEA) have also provided evidence that in recent months overseas investment has grown, lending further evidence that overseas property investment is well on its way to becoming the option of choice.

Countries such as Bulgaria, which in many places realised 30% property price growth in 2007, have clearly highlighted the investment potential to market professionals and investors.

Obelisk also undertook an in-depth and comprehensive survey, which supported the Google AdWord statistics. The analysis revealed huge consumer confidence in overseas property investment, with over 70% of clients and subscribers looking to invest in overseas property in 2008.

The Obelisk 2008 survey requested information from investors researching overseas property on the Absolute Guide Series website. The impressive response rate shows that the vast majority of the overseas property buyers are actually looking to purchase within the first three months of the year.

Mr MacHugh adds, “The (local) property market had kind of peaked and there wasn’t a huge amount of scope. It just seemed a very sensible thing to do, to invest in property abroad; I had made money out of it I knew it worked.”

James Gonzalez, Market Analyst at Obelisk comments, “Both the Google and the Absolute Guide Series findings are hardly surprising. Over the last 50 years, property has beaten the FTSE in terms of providing consistently stable profits. Within this period, property’s worst performing five-year cycle still grew by 16% whereas stocks showed a huge deficit of -22%. It is certainly no wonder why investors are turning to more lucrative property investments.”

About James Gonzalez
James has a vast market knowledge and background within the world of overseas property investment. Prior to joining Obelisk as Market Analyst, James worked for CB Richard Ellis (Hong Kong), Healey & Baker and Hamptons.

James' key role at Obelisk is to research, analyse, and identify viable and profitable emerging markets.

About Obelisk
Obelisk’s extensive research and analysis, whether it is through an Obelisk own development or via a developer partner, determines exactly where to build, what to build and when to build, from concept through to completion, making Obelisk unique within the overseas property investment market.

Obelisk’s market leading, robust selection process ensures only the best financially secure property investments, safeguarding the future of investor clients.

All projects undertake compulsory due diligence making Obelisk the only overseas property investment company who provide clients with complete peace of mind.

For more information on overseas property investment, and to find out about Obelisk’s latest projects, contact Obelisk free on 0808 160 0670 (UK) or 1800 932 514 (IRE)
Email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com/

Andrea Elliott
PR & Communications Officer: Tel.: 00 34 952 820 319 Email: aelliott@obeliskinternational.com

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