Investors assured that 'long-term view' is sensible

Those looking to buy overseas property have been reassured that taking a long-term view when it comes to purchasing real estate is the sensible thing to do.

According to Robin Williams, head of overseas at Rightmove, current market conditions mean that there is very little "time pressure" on foreign investors to complete deals.

As such, the expert recommends buyers are not rushed into finding bargain properties.

Individuals looking at Florida property may be interested to learn that high volumes of supply in the US mean that there is a large possibility of finding a bargain.

"Further afield there will be good deals, but agents finding it hard to shift property in less travelled locations tend to reduce their marketing so it may be hard to sniff them out," Mr Williams adds.

His comments come after research from the Worldwide Property Group found that 62 per cent of people were considering buying a home abroad, with the sunshine state remaining a popular destination for potential investment.

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