by Gareth
12. December 2011 21:06
With more and more companies and organisations cutting pensions and the pension age set to rise, it’s only natural that more and more people are looking for pension alternatives. If you’ve recently received your pension forecast and you’re left shocked by the small amount you’ll receive then it could be time to consider property investment.
You don’t necessarily need to have thousands of pounds at your disposal to invest in property abroad as many property investment companies offer you the option of laying down a small deposit and taking out a mortgage. If your property investment is in a tourist area then you can make your mortgage payment and more back from accommodation rents.
Take the Caribbean for example. A property investment in the Caribbean offers an affordable, hassle free option that can bring in huge returns. Many properties are available at up to 50% lower than market value and some property investment agencies also offer 100% finance subject to status. That’s great news if you can’t afford to put down a deposit and many people have taken out finance in this way and are now reaping the rewards.
Although you may not need to pay a deposit you will need to pay a holding charge although this is usually a small amount. Many agencies also guarantee rent for a number of years. When you compare these facts and figures to buying a property in the UK, you can see the obvious benefits immediately. Although the property investment market in the UK is stable, it’s certainly not booming and even if you can afford a 15% deposit (this is the normal amount required by lenders) you will also have to pay huge agency fees in order to get the tenants you need to make a profit.
A property investment in the Caribbean offers an opportunity that cannot be missed. Your property will be managed by some of the best property professionals in the industry who will ensure you get a good number of visitors to your property and that it is let as often as possible. The good news is tourists flock to the Caribbean all year round so there is never really a quiet season. Why not take a look at the suites, penthouses, hotels and bungalows that are available right now and choose your property investment with confidence.
Whether you are a seasoned property investment professional or you are considering your first property investment, there are thousands of opportunities waiting for you right now. Call 02920 695936 today to find out more.