Property investments not all about price

People planning an overseas investment have been urged not to get too distracted by the price of their chosen property.

Dan Johnson, director at TheMoveChannel.com, claimed that price should not be the "overriding factor" for new investors looking to enter the foreign property market.

He suggested that buyers should consider the likely returns and find out whether a particular property represents a potentially lucrative investment, rather than making price their "primary concern".

"If you're buying just because something's cheap, that doesn't make it a good investment [and] if you're buying something that's expensive, that doesn't mean it's a bad investment," Mr Johnson explained.

"I wouldn't suggest that the price should be the overriding factor for making that kind of decision."

According to research published by Cater Allen in September last year, 42 per cent of people planning to buy an overseas home would view the property as an investment opportunity.


 

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