Sunday Express - Property Abroad Section

Home of the Brave

September 18, 2011

Cheryl Markosky goes in search of the next property hot spots and seeks advice from pioneers who have already made a killing 

"Just like adventurers Ben Fogle and Bear Grylls striking out into the wilderness, those wanting well-priced overseas homes are capturing new territory. But how do you know your investment will be safe?...

'Aim for a medium-risk investment that shouldn't pose many problems and won't cost the earth', advises Louise Reynolds from Property Venture. 'Look at the politicial and economic stability of a country before purchasing ' she says"

'Another tip is to use social media to get local information that most agents don't know. Reynolds recommends Montenegro: 'It was hardly touched during the Balkans conflict and escaped the hype of Bulgaria where high yields were promised that never materialised.'

Where else would Reynolds put her money? She thinks cities such as Limassol in Cyprus, Krakow in Poland or Istanbul in Turkey are a good bet, and adds: 'Poland's the only country not to go into recession, you can achieve high yields in Istanbul and Limassol has the benefit of the new marina'"

Property Venture®, is an independent, UK-based agent for overseas property who helps people buy holiday homes and investment property in Europe and the Mediterranean, more easily and safely than they can on their own, because they offer grounded common-sense advice. Their focus is mainly: Spain property, Turkey property, Poland property, Morocco property, Cyprus property, Bulgaria property and Montenegro property. They are overseas members of the professional body: National Association of Estate Agents, the NAEA. This means they have been subjected to the membership criteria and have signed up to the professional code of conduct, established to help potential buyers or investors, buy overseas property with confidence.