Saturday 23 June 2007

Property abroad - An alternative to a Pension?

Purchasing a property both in Spain and home has long proven to be a tremendous investment. It should never be overlooked that buying property overseas does not always guarantee that you will an increasing asset in the short term, but it is certainly a winner for those investors in for the long run.

The fundamental asset of the investment can't be wiped out as simply as the value of stocks and shares, and is far less risky than other traditional forms of investments. It is a known fact that a Spanish Mortgage is now easier to obtain, which makes it possible to create a portfolio of properties and benefit from the tax breaks that stocks and shares cannot possibly offer.

More and more people realise the benefits of purchasing property overseas rather than shares and often include Spanish property into their portfolio of investments. The possibility of including overseas property investments in your pension will be a possibility in the not so distant future, so watch this space as big changes are on the way in the next few years!!!

Penny Searles
www.TheSpanishMortgagelender.com

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