Prague Property is the latest "Hot Spot" for investors who want to achieve double-digit returns over the next 12 months
May 9, 2007 (Press Release) --
PROPERTY INVESTMENT - PRAGUE OFF PLAN BECOMES THE NEW SMART CHOICE
Prague is emerging as one of the latest cities to catch the
eye of the overseas property buyer. As one of Europe's most
beautiful and perfectly located capital cities, its high
rental demand has giving the city the winning edge for
property investment. Whilst the market is now more mature and
prices have certainly risen in recent years, Prague still
remains one of the best investment choices to be found
anywhere in Europe, and that includes more recently emerging
markets.
Investment specialists Pragueproperty4less.com currently have
properties in the city as low as just £30,000. Low mortgage
rates beginning at 3.79% and deposits from just £5987 add to
the attraction and make investing here an affordable and
sound choice for UK investors. Prices of property in Prague
have been steadily increasing by around 15% per annum with
some projects seeing a growth of 20% - a trend, which is
predicted to continue for the foreseeable future.
Over the past few years Pragueproperty4less.com has become a
particularly significant player in the Prague property market.
Based in the UK it provides UK buyers with a dedicated team
fully experienced in the Prague market. The company offers a
wealth of experience and industry know-how to guide buyers
through this specialist property market and its UK base has
enabled the business to firmly establish itself as one of the
UK's leading Prague property specialists. When one considers
the various legal formalities coupled with a language barrier,
it is essential for buyers to purchase through a reputable
company, and an established UK based company offers further
peace of mind.
Pragueproperty4less.com was set up by Damian Qualter who,
having built his own property portfolio of £5.5m in just 29
months, saw a gap in the market to offer UK buyers a
personalised service and an unrivalled knowledge of the Prague
property market. His first property business was
Buyproperty4less.com specialising in discounted UK properties.
Since its formation the business has sold over £100m of
property to investors and saved them in excess of £15m. The
company now looks set to repeat this success with its Prague
division.
Membership of the EU has seen a considerable change in the
country's fortunes. Over the past two years the average wage
in Prague has doubled, as a result of an increasing number of
blue-chip multinational companies recognising the Czech
Republic as a favourable economic location in the heart of
Europe. This has increased the demand for good quality rental
accommodation for professionals now working in Prague.
With property prices still very affordable in Prague and
rental yields of 6-8%, there is no better time for UK
investors to take advantage of the favourable conditions for
buying a property in this world class city.
Ends/.
Media Contact:
Damian Qualter
Telephone: 08450 637 638
Prague is emerging as one of the latest cities to catch the
eye of the overseas property buyer. As one of Europe's most
beautiful and perfectly located capital cities, its high
rental demand has giving the city the winning edge for
property investment. Whilst the market is now more mature and
prices have certainly risen in recent years, Prague still
remains one of the best investment choices to be found
anywhere in Europe, and that includes more recently emerging
markets.
Investment specialists Pragueproperty4less.com currently have
properties in the city as low as just £30,000. Low mortgage
rates beginning at 3.79% and deposits from just £5987 add to
the attraction and make investing here an affordable and
sound choice for UK investors. Prices of property in Prague
have been steadily increasing by around 15% per annum with
some projects seeing a growth of 20% - a trend, which is
predicted to continue for the foreseeable future.
Over the past few years Pragueproperty4less.com has become a
particularly significant player in the Prague property market.
Based in the UK it provides UK buyers with a dedicated team
fully experienced in the Prague market. The company offers a
wealth of experience and industry know-how to guide buyers
through this specialist property market and its UK base has
enabled the business to firmly establish itself as one of the
UK's leading Prague property specialists. When one considers
the various legal formalities coupled with a language barrier,
it is essential for buyers to purchase through a reputable
company, and an established UK based company offers further
peace of mind.
Pragueproperty4less.com was set up by Damian Qualter who,
having built his own property portfolio of £5.5m in just 29
months, saw a gap in the market to offer UK buyers a
personalised service and an unrivalled knowledge of the Prague
property market. His first property business was
Buyproperty4less.com specialising in discounted UK properties.
Since its formation the business has sold over £100m of
property to investors and saved them in excess of £15m. The
company now looks set to repeat this success with its Prague
division.
Membership of the EU has seen a considerable change in the
country's fortunes. Over the past two years the average wage
in Prague has doubled, as a result of an increasing number of
blue-chip multinational companies recognising the Czech
Republic as a favourable economic location in the heart of
Europe. This has increased the demand for good quality rental
accommodation for professionals now working in Prague.
With property prices still very affordable in Prague and
rental yields of 6-8%, there is no better time for UK
investors to take advantage of the favourable conditions for
buying a property in this world class city.
Ends/.
Media Contact:
Damian Qualter
Telephone: 08450 637 638
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