Leading healthcare lawyers Robert Campbell & Associates
have announced they are to launch a new service aimed at assisting
clients who are interested in overseas property investment.
Principal, Robert Campbell said
"It’s something of a labour of love really. We have
investment property in the UK and these have done well. It is
our perception now, however, that the property market here has
peaked and we have been looking to invest in other property markets.
We are personally investing in Bulgaria and I am also looking
at the South of France, as investment returns can be very attractive
in both of these markets at present.
Bulgaria is becoming a hot destination for tourists from Western
Europe and property prices have been soaring in recent months,
yet property is still relatively cheap at present. Bulgaria is
looking for EU membership in 2007.
France also offers good investment opportunities and we are looking
particularly at buy to let in the festival areas where rental
properties are at a premium and we have arrangements with a letting
agency which will guarantee in some cases a 10% or more yield
which, in addition to any capital appreciation, represents an
attractive return particularly given the UK property scene at
present. Many care homeowners will be sitting on substantial equity
and they may wish to look at ways of unlocking some and investing
it elsewhere, particularly now that the property market here appears
to be beginning to head towards stagnation.
The theme behind our new department is to look for emerging markets
and to try to help people invest safely in property there. There
are many dangers for the unwary and, with our contacts and associates
we will guide investors through the maze of regulations and requirements
specific to the country concerned.
Recent TV programmes have highlighted problems that can arise
(although, notwithstanding, the presenter’s message was
to "look east" for value). In all cases that I have
seen disaster could have been avoided had they taken proper advice
and that is what our initiative is about.
Our website is currently under reconstruction and, when this
is complete, clients will be able to log on and browse the various
investment opportunities available. Until then interested parties
can email us to register here or call 0870 2412139.
We are very excited by this venture. The world is becoming smaller
every day, opening up opportunities in what is becoming a global
market for all property investors including our clients and us.
We hope to help others share in this opportunity.