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Property owners warned of risk in European property
11 Jan 2012
Property owners have been advised that investment in European property can offer great bargains and opportunities but that there are still certain risks involved.
Paul Collins, editor at BuyAssociation, claims that certain details need to be remembered when purchasing overseas property in relation to the slightly different way in which countries conduct legal affairs.
Property insurance and other such policies are a must for investors while Mr Collins also claims that certain economies are still unstable and offer a degree of risk which is thrown in with property purchases.
Mr Collins said: "The economic and sovereign debt crisis in Europe could unearth some fantastic bargains for those property investors willing to commit to the market, but this has to be tempered with the realisation of additional potential changes that can come along."
Through independent buying guides, radio shows, podcasts, articles and community, BuyAssociation helps inform readers and listeners about the overseas property market.
Posted by Michael Brown
