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What is an Investment Property?
An investment property is a property that will grow in value over the length of the investment period. This can be achieved by capital growth or by rental income over the same period - so I suppose you could say almost every property to some extent.
People typically look to purchase property overseas for 3 main reasons -
Of course many investors look for a combination of two or three of these when purchasing overseas. All three investment purposes are very different and it is important to define clear goals and a strategy before even beginning to search for the right investment.
Buying a property overseas is big business and today the investor is spoilt for choice, with the expansion of the EU and the attraction of long haul destinations, such as Florida and Dubai. Where you choose to invest could be governed by any number of things, such as culture, lifestyle, whether the property is purely for investment or for personal use.
Investment Strategy
Within your investment strategy you must decide whether you want high yielding properties from day one with an instant cashflow, or whether you can afford to wait and profit from off-plan. There are some large and relatively swift profits to be made off-plan.
Once you Off-Plan property is complete, you can then use your investment as a rental property in the summer months.
At MKS, you can give us the keys for your home from May to October, in return we will pay you a guaranteed income during this time.
GUARANTEED PROFIT IF YOU LET M.K.S RENT YOUR HOME FOR YOU
If you hand your keys over to us in May - we will return them to you in October.
During these 6 months, we will do the following:
1. Pay for all cleaning services during the rental period
2. Pay for the upkeep of the pool being cleaned during the rental period
3. Pay you the following fee on the last working day of every month (based on a 5 bedroom detached villa with private pool) -
May - £400
June - £400
July - £700
August - £700
September - £650
October - £550
* NOTE: you MUST have adequate home and contents insurance in place.
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