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European property market assessed in new survey

Article Date : Tuesday, February 26, 2008       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

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".

This means that people considering investing in countries such as France, Portugal or Spain could find some excellent investment opportunities.

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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