Why Invest in a Rental Investment Property?
In these difficult economic conditions with interest rates at record low levels, property is still considered one of the few safe medium to long term investments. With the cost of borrowing so low and rents and tenants increasing in numbers, many prudent investors are re-entering the property market and enjoying much higher returns than they receive from ISAS or Savings Accounts, with the inevitable capital gain to come in the future. Now even the large financial institutions are investing heavily in property for the first time, even pension companies are investing your money in property because quite simply it’s a low risk with maximum gain. Here are some further factors to take into account: • History tells us that property prices double every 6-7 years regardless of short term fluctuations in the market. • Property prices have increased in 28 out of 32 years since the Department of Records have kept statistics • Property rental income has increased on average by 13% a year since 196
