London only 66th best city for property investment...


Interesting post here from the A Little Drop of Cognac blog, on the top worldwide destinations for investing in property:

"Surprisingly Paris only comes 59th (outlook very poor) with New York 62nd and dear old London down in 66th. Chisinau (me neither) heads the list and is marked "spectacular". Amongst the top 10 you'll also find Jakarta and Bogota. Now, I've never been to Chisinau (it's in Moldova) or indeed any of the other "hot spots" listed but I'd have thought that it's a brave man who decides that buying property there is a better long term investment than in, say, Fulham."

The issues of where (and in what) to invest is a hotly contentious topic at the moment, with the likes of Grainger looking to shift their traditional model to student housing and alternative investments (as revealed by EGi), and agents such as Cluttons considering extending their network to new markets such as China.

This lucky ex-Savills and Chesterton blogger is based in the sunny south of France in the Charente Valley. Returns aren't the only motivation for property buying after all...

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This page contains a single entry by Helen Roxburgh published on October 21, 2009 2:28 PM.

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