What Kind Of Investor Is Scottish Property Appropriate For?
Most properties, as we have mentioned, are Axis Type 2 Resale Property. This investment strategy is perfect for investors who prefer to avoid large developments and new property. Resale property tends to have higher rental yields and it is easy to compare both market price and rental value. For these reasons the risk is lower and this suits investors with a conservative approach but still requiring good rental returns. If we now add Scotland into the mix, our view is that investments here are a little more conservative and reliable than the rest of the UK. Prices didn’t go up as high in the recent boom, nor have they suffered so much in the ‘bust’. Investors can reasonable expect fair growth and solid performance – which is a very positive attribute for property investors. If you want minimum hassle, low risk, a good choice of well priced property with excellent discounts and high rental yields, then Scotland should be on your shortlist of ‘first choice’ property locations. ( c) 2010 A
