Eurozone crisis has no effect on most investors considering buying investment property overseas

Posted on August 30, 2012 ยท Posted in Uncategorized


In a true reflection of the typical overseas property investor it appears that very few are affected by the Eurozone crisis. 

This certainly echoes what we have been seeing with our clients recently at Davenport.

Naturally we would advise those wishing to profit from their investment towards carefully slected emerging markets. The Eurozone is still a good place to purchase property if the price is right if you are financially independant and committed to the investment for the long term including its upkeep costs and taxes.

2011_12_100084 Cameron to tear a new European treaty

Image by Gwydion M. Williams via Flickr

Overseas property hunters are 'largely unfazed' by the recession according to a survey by The Overseas Guides Company, which has revealed that 36% of people have not changed their approach to buying abroad,  and a further 42%, while describing themselves as ‘more wary‘, also haven’t altered their decision.

Only 16% of those surveyed by the company said they had decided to defer buying until the global economic situation improves, with the remaining 4% stating that they were looking at alternative destinations including emerging markets rather than at countries in the Eurozone….More at Overseas property buyers 'largely unfazed' by eurozone crisis – A Place in the Sun

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