More Brits Looking To Overseas Property Investment

Greater numbers of UK property investors are looking overseas for promising opportunities, according to one expert.

Inlight of the recent changes in house price inflation reported from anumber of quarters, Britons are increasingly considering property investment in both foreign emerging markets and "hotspots", Mark Bodega of foreign exchange specialist HiFX stated.

Headvised those looking at overseas investments to carry out thoroughresearch and practice due diligence before buying a property.

"Wealways [recommend] that if people are investing, they seek independentadvice; don't use the solicitor or legal people that are recommended toyou by the developer," Mr Bodega went on to comment.

In related news that may be of interest to foreign property investors,research carried out by HiFX earlier this year revealed that nearly twoin five Britons are considering moving overseas as a result ofuncertain economic conditions in the UK. simplibulgaria.com