The Credit Crunch and Property Investment

October 14, 2008

THE CREDIT CRUNCH & PROPERTY INVESTMENT - Some Interesting Comparisons;

If you had spent £100,000 a year ago buying shares; this is approximately what you would have today;

HBOS =                 £9,500

RBS   =                 £16,500

M & S =                 £34,500

Icelandic Bank =     £50,000

If you had bought a property; it should be worth approx;

Spain     =              £75.000

UK        =               £87,000

France =                 £95,000

Italy    =                 £95,000

If your property was rented returning approx. 5%, then you would be about even in France and Italy, 10% down in the UK and 20% down in Spain.

The above goes to prove that even in the worst credit crunch in modern times, property is still one of the most solid investments and one that you can see, enjoy and earn income from it!

If you are interested in property in exciting hotspots such as North CyprusCape Verde, Turkey Or Egypt visit Savills Associate Select Resorts.

If you are looking for more traditional holiday home locations we also have great deals on Property in Spain and the Algarve.

Entry Filed under: Buy Overseas Property. Tags: , , , , , .

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