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 International - News

 Young Invest Far Afield  03.12.2007 back
Younger property investors have been found to be the most willing to purchase a home further afield in markets such as Brazil, Egypt and Croatia.


Younger property investors have been found to be the most willing to purchase a home further afield.

Although established countries such as Spain were said to the most popular options overall, research commissioned by Overseas Property Professional magazine found that this demographic was very keen to invest outside of Europe.

Datamonitor highlighted Brazil and Egypt as two markets that were attracting a considerable amount of interest from British investors.

However, younger buyers were also said to be looking slightly closer to home as well, especially in emerging property markets such as Croatia.

The findings came alongside predictions of growth in the overseas property market in the near future.

Datamonitor stated that the value of foreign investments was likely to increase by an annual rate of 13 per cent between now and 2012.

This comes after Yorkshire Bank revealed that almost half of Britons were thinking of purchasing a property overseas.

Source: PropertyShowrooms

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