Article Date : 26 February 2008
News Section: Spain
The potential of the European property market has been highlighted by a recent study.
Carried out by investment company David Stanley Redfern, the report acknowledges that investment is now being undertaken across the globe. However, it also mentions that Europe "still holds a few gems".
The firm states that locations such as Paris are now effectively commutable from London and that technological breakthroughs - such as laptops and personal digital assistants - allow people to take their office with them, rather than being tied to one location.
The company explains: "The incentives of guaranteed financial returns and a healthier and more accommodating environment are understandable; it's the ability to commute internationally that initially leaves one a little bewildered."
David Stanley Redfern also said today that investing overseas can offer a range of advantages, which include affordability, rising equity and increased political stability.
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