Databank private investor
Databank private investor
- 2006
- Property Week 71(8) 24 February 2006, 25(1) .
Bulgaria is at the top of the rankings of the Assetz Property Investment Tracker with a 105% return on cash invested. Fly-to-let house price growth statistics show average price rises of 36% in 2005. Spanish house price growth for 2005 was 12.8%; this contrasts with the Greek and South African property markets whose mortgage rates are predicted to rise in 2006. The introduction of mortgages is likely in Turkey later this year, prompting a significant jump in total returns. In the coming months, Poland, Cyprus, Bulgaria and the UK are likely to enjoy the benefit of interest rate cuts.
Bulgaria is at the top of the rankings of the Assetz Property Investment Tracker with a 105% return on cash invested. Fly-to-let house price growth statistics show average price rises of 36% in 2005. Spanish house price growth for 2005 was 12.8%; this contrasts with the Greek and South African property markets whose mortgage rates are predicted to rise in 2006. The introduction of mortgages is likely in Turkey later this year, prompting a significant jump in total returns. In the coming months, Poland, Cyprus, Bulgaria and the UK are likely to enjoy the benefit of interest rate cuts.