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Investors urged to seek "liquid" markets

Article Date : Thursday, August 02, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Lateral thinking will serve property investors well, according to a market expert.

Mark Stucklin from website Spanishpropertyinsight.com advised people to do their research and consider locations that were different from the norm.

The Institute for Public Policy Research (IPPR) states that about 5.5 million British citizens live permanently overseas, while 500,000 live abroad for a part of the year for work or in second homes.

"Do your own research. Don't trust unquestioningly the advice given to you by sales people. Remember they don't necessarily have your best interests at heart," Mr Stucklin said.

"Look for liquid markets."

Mr Stucklin, who also writes a regular column in the Sunday Times home section, defined a liquid market as one that was well-established and in demand.

The spokesperson for Turkish property developer Nirvana International recently described the Spanish market as "saturated" and Turkey was an emerging market that would experience a 75 per cent to 100 per cent appreciation over the next five years.
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