The path to successful property investment

Successful individuals and entrepreneurs have found different ways and methods of building their fortunes. One of the most accessible ways is investing in property. In fact, the annual Sunday Times Rich List, the definitive guide to wealth in Britain and Ireland, confirms that the richest people make millions in land and property.

Property is a great strategy for the investor who is willing to take the time to learn about the options, risks, and potential rewards for this type of investment process.

The UK property market has always been a subject of immense interest, especially as we have experienced an extraordinary rise in property values over the years. Furthermore, there have been so many different types of mortgages available on the market enabling people to get a foot on the investment property ladder easier.

It is impossible to predict if property values will increase forever. However, when you consider that historically, property in the UK has doubled in value every seven to nine years, then it is not difficult to understand that it is a fantastic investment platform if you are prepared to take a long term view.

A successful property investor makes money both in a rising and in a declining market. For example, during a rising market, property investors can release some of the equity built up over time to either purchase additional properties or to keep some money aside to be used at a later date. During a declining market, they buy lower-priced bargain properties. This is why market value trends do not affect property investors who are in it for the long term.

You have probably heard that location, location, location is the most important factor to consider when buying property. This is absolutely true as getting the right location can make the difference between success and failure.

I also believe that research, research, research is an equally important element of the property investment process. It is critical to ensure that you learn as much as possible. For example, talk to property experts and estate agents, go to property networking events and exhibitions, learn how to buy the right property at the right price in the right area, find out how to make the right alterations to the property within the appropriate budget, etc. You need to have a thorough understanding and all the relevant facts to hand before committing to a purchase.

And if you don’t have the time or the confidence to take the plunge into property investment then don’t despair. There is a wealth of professional expertise and support out there for every step of the process.

By committing to the long term strategy and by combining research and location, you have a recipe for success.

For further information on how Chez-Vous HomeSearch can assist with your property investment plans, please contact Laurent Stadelmann on +44 (0) 1189 770215 or at laurent@chez-vous.biz.

Laurent Stadelmann
Managing Director

Chez-Vous HomeSearch
Removing stress from the property process!

Property Finder / Relocation Services / Negotiation Service / Location Reports

laurent@chez-vous.biz
http://www.chez-vous.biz/
Tel: +44 (0) 1189 770215