Where to buy investments

[bradley]

With all the scare mongering in the papers about the credit crunch and banks offering less appealing mortgages, I was curiuos as to where people have got their eyes on for investment? I have heard that Egypt is quite hot at the moment, would you agree? Or do you see some idea BTL opportunities in the UK?

Look forward some needed help!!

[LauraQ]

We bought in Vancouver, British Columbia, a few years ago and have subsequently added to our portfolio (and now moved here from the UK). While Canada is expecting to be hit by the US market, BC is a special case - prices locally have shot up over the past 5 years, but they're still comparatively good value. You can pay $850 psf in Downtown Vancouver - compared with $8000 psf in central London. What's more, the 2010 Winter Olympics will be held here which is boosting a huge amount of construction and infrastructure upgrades, and immigration is bringing about 50,000 new people into the province each year - and they all need somewhere to live. The rental market is tight - with near zero rental vacancies in the urban areas, it is easy to find renters for your properties. What's more, the legal and construction systems here are very well regulated, and very familiar to Brits - no worries about not understanding the system, or translation issues. We have been featured on a website which I can't name as this is my first post (!) but which would tell you exactly how we did it. If you want any more comments on what is happening here, just ask.

[slinkymcvelvet]

I would recommend Dubai. There are many stories in the media that demonstrate how the credit crunch has benefited the property sector there. It is the fastest appreciating property sector in the world, and the city has had sooooo much investment ploughed into it that it will be booming for a good while yet. You can still get reasonable off-plan property - my friend bought a studio 3 months ago and it has already gone up 5K. He went for a place called Jumeirah Village, which is next to a thing called dubailand - the biggest leisure development in history, 3x the size of Disneyland that will be finished soon. Just look at the price of property in Orlando before and after Disney land was built. It is also next to Sports City - they have just announced Dubai will try for one of the Olympics and they should get it because Sports City is Olympic ready, and they have never hosted an Olympics in the Middle East before. Again, just look at the price of property in East London and how the Olympics has affested that...Check out a company called No More Hotels

[aryankhan]

Dubai is the best place to park your money. I live in dubai and working in property market. I have seen people earning good returns in days and months. Lots of great oppertunies are there. BUT this is the right time for investment cause prices are going higher n higher..dont wait..

[boomsheeva]

go for dubai or spain guys.spanish property deals for me are number 1