Where to… buy a second home
When it comes to buying a second home, Spain is the obvious choice for many Britons. Post-Brexit reports show that property sales and enquiries from British buyers have surged – leading Spanish property portal Kyero.com has seen record enquiry numbers since the referendum.
The firm’s Head of Research, Richard Speigal, comments: “Spain offers a great climate, fabulous food and excellent value for money. Brexit doesn’t seem to have deterred British buyers in the slightest. In fact, it seems to have spurred many on to purchase their dream second home sooner rather than later.”
If you purchase a second home next year, remember to choose a market-leading insurance provider to protect your property. Insure My Villa offers comprehensive cover so that you can relax in your sun-kissed sanctuary: https://www.insuremyvilla.com
Where to…. invest in a hotel
Hotel investment is an up-and-coming asset class that looks set to take off in the UK over the next couple of years.
Jean Liggett, the CEO of Properties of the World, says: “Hotel investment offers excellent returns and benefits from not being subject to Stamp Duty. It’s ideal for property investors who are looking to get more for their money.”
Where to… go on holiday in the winter months
Tenerife is one of the top short-haul destinations for those seeking some winter sun. Stunning beaches with a sea temperature of 21°C and an average December temperature of 17°C, combined with great value for money, make this an idyllic hotspot. There’s plenty on offer to entertain the whole family all year round and some outstanding value hotel rooms on offer over the winter months.
Where to… buy-to-let
Despite the UK’s increase to Stamp Duty on additional homes earlier this year, the buy-to-let sector is still standing strong. There are many cities around the UK that offer great returns and the potential for capital growth, including Manchester.
One of the most exciting for 2017 is Belfast. House prices in Northern Ireland remain around 40% below their 2007 peak, but they’re picking up fast. Buy-to-let investors seeking capital gains as well as strong yields are keen to break into the market. With Belfast accounting for 43% of Northern Ireland’s total rental transactions, it’s a great choice for those stepping into buy-to-let.
Where to… play the stock market
If stocks and shares appeal more to you than bricks and mortar, 2017 could be the perfect time to try out your skills as a trader. easyMarkets is on a mission to democratise trading, making it possible for anyone with an interest in the markets to get involved from the comfort of their own home. It offers learning resources and regular insights for those who are new to trading, and its innovative dealCancellation means that losing trades can be cancelled within 60 minutes of making them – ideal for nervous newbies.