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UK INVESTORS 'OWN PROPERTY IN 50 COUNTRIES'

Tuesday, 01 Apr 2008


British nationals now own real estate in more than 50 different countries, an expert has revealed.

UK investors Amanda Lamb, who presents Channel 4's A Place in the Sun, said that a significant number of Britons own property in these locations.

In addition, she said that people who are planning to invest abroad now have an unprecedented range of choices.

She highlighted Brazil, Bulgaria and Canada as three hotspots for Britons, along with more established markets such as Spain.

However, Ms Lamb stated that different countries are at various stages of development, prospective investors need to research their chosen market in advance.

This, she said, would allow people to find out what facilities they have available and where it may be lacking.

Ms Lamb commented: "For example, properties might be cheap, but is the electricity supply reliable?"

This comes after A Place in the Sun magazine revealed that Spain is currently the most popular foreign market among Britons.

Property Select offers a comprehensive selection of overseas property in Spain, news, members club and reviews of the latest property developments.


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