Property bargains available in the US

There are property bargains available in the US for savvy investors, it has been claimed.

According to Shelter Offshore, since the property market in the US crashed significantly there are numerous cheap properties available to people who know what to look for.

In particular, the company suggested that Florida property can offer solid rental returns from holidaymakers, although people will face high competition for tenants.

Alternatively, people can invest in property within reach of a central business district in an affluent town or city, where they will be able to attract professional and corporate interest.

"You need to research your property choice carefully and ensure you're not buying in a depressed and unattractive area, or a location where there is saturation in terms of the supply of rental real estate," it concluded.

Recent data from Prime Location detailed by Property Talk Live highlighted that people investing in Florida property can get more for their money than if they were to spend the same sum in the UK.
 

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