Holiday home insurance & Second home insurance

Time to invest in an overseas property?

A survey has revealed that now could be the ideal time to invest in a holiday home abroad.

Now could be the perfect time to buy an overseas property, it has been revealed.

A recent survey from the Worldwide Property Group shows that 66 per cent of respondents feel it is an opportune moment to purchase a holiday home or investment property abroad.

In addition, three quarters said that property represents the best investment option available, with many looking to popular European destinations including Spain, France and Cyprus.

Kevin Wilkes, managing director of Worldwide Property Group, noted that property investment had proved far more resilient than spending on other types of assets.

With housing markets across the board showing promising signs of recovery in the wake of the recession, those getting on board now could reap the rewards in the near future.

And those looking closer to their main home for a holiday property will be buoyed by the news that 79 per cent of participants in the survey indicated now is a great time to invest in the UK property market.

Posted by Adam Marriot
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