Press Release Summary = PropertyInvestment has shown exceptional investment returns - but is the bubble about to burst?
Press Release Body = FOR IMMEDIATE RELEASE 12/12/2005
Property Investment In Prague
When asked what makes a good investment off-plan Damian Qualter MD of PragueProperty4Less, a Manchester based property investment company, Damian replies \"it\'s easy! - look for areas close to city centres, near transport links that have remained undeveloped. Many cities such as Prague have an extensive transport networks which is ripe for re-development
Damian Qualter certainly has put his money where his mouth is building a personal property investment fortune of over £5.5m in less than 3 years.
So Why is Off plan Investing in Prague so attractive?
1. Low Deposit - Ties up ONLY 15% of property price during build process 2. Long Build Times - no staged payments to make 3. Assignable contracts - contract can be sold prior to physical completion 4. Bank Bonded Developments 5. New property situated in desirable rental hotspots 6. Strong Renal demand because of a shortage of newly built homes 7. Adoption of the Euro in 2011-12 will lead to local currency being devalued by 25-33%. This should lead to a similar increase in Property prices experienced in other European cities should as Dublin and Paris.
Off Plan Property still is one of the most attractive routes to take when investing in Property. According to a recent Knight Frank report on the city Prague has:-
1. A steady Economy 2. Modest Inflation 3. Falling Unemployment 4. A cheap mortgage market - currently less than 4%
It is important to note that certain areas are better than others.
\"All in All, compared to many other overseas investments, Prague seems to tick all the boxes\" concludes Qualter
For More Information Contact:
Damian Qualter sales@buyproperty4less.com http://www.pragueproperty4less.com Direct Line : 08450 637 638 Fax: 08450 638 639
Web Site = http://www.pragueproperty4less.com
Contact Details = Damian Qualter Adamson House Towers Business Park Didsbury , M20 2YY $$country
2025
