Property 'is a safe investment'
Investing in property could be safer than putting money elsewhere, an expert has stated.
According to Mark Bishop of A Place in the Sun magazine, cash spent on shares in a company could completely disappear.
However, a property is a tangible purchase which, regardless of current market conditions, will always be there.
While he said it can still go up and down in value, the fact it physically exists - unlike shares - makes it a preferable alternative.
Nevertheless, prospective investors were encouraged to take a number of issues into account before committing to a purchase.
"It has got to be properly constructed, you want it to be insured [and] you want it to be in a stable country," Mr Bishop commented.
According to Conti Financial Services, Spain is currently the most popular overseas property market among British buyers.
This, it said, is despite growing competition from emerging markets.
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