Investors are set to keep their cash closer to home in 2007 after research suggested the UK is the second most profitable country for buy-to-let.
The figures, from the Assetz Property Investment tracker, show the nation makes capital returns of 57% for cash investments and total returns of 63%. Only Poland, with staggering capital and total returns of 165%, sits above the UK in the firm’s makeshift table, while Bulgaria (58% and 54% respectively) sits in third place. Assetz says the research suggests many investors will benefit from continued strong and sustainable housing market growth in the UK in 2007. It says the six major UK house price indices show an average of 9.8% annualised growth for the twelve months to February 2007, ...
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