Property is 'Better Investment Than Gold'

Property is considered to be a better investment than gold, shares, currency and savings, the results of a new survey have found. The latest research from the Worldwide Property Group has suggested that investor confidence is starting to return, with 69 per cent of the opinion that now is a good time to purchase real estate abroad....

Property is considered to be a better investment than gold, shares, currency and savings, the results of a new survey have found.

The latest research from the Worldwide Property Group has suggested that investor confidence is starting to return, with 69 per cent of the opinion that now is a good time to purchase real estate abroad.

According to the results, 65 per cent of respondents said that they are currently considering making an overseas property purchase with the USA the most favoured location followed by Brazil, Spain, France and the Caribbean.

In terms of investment potential, property was named as the most effective asset, with 71 per cent of the vote. Gold secured 17 per cent of the vote in second, while shares came third with eight per cent. Currency and savings received just three per cent and one per cent respectively.

Meanwhile, a huge 72 per cent of UK-based investors indicated that they are currently benefiting from low interest rates in the country.

- Wednesday 16 February 2011

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