Credit crunch gives emerging markets investment appeal

As the current economic climate affects consumer confidence and investors become increasingly cautious, experts suggest emerging overseas property markets are the way forward.

Emma Holifield, Property Frontiers PR and marketing executive, advised that as long as investors are careful about which emerging markets to support there are plenty of viable opportunities.

Ms Holifield said that overseas property investment is "significantly more appealing than established markets, [which are] more prone to the squeeze because of rising lending costs and a lack of new mortgage options".

Ms Holifield went on to explain that countries such as Brazil, Mongolia and Vietnam are attractive prospects because of the foreign investment they are receiving.

According to a report by the Association of International Property Professionals (AIPP) up to 35 per cent of the money spent on overseas property is in emerging markets.

The appeal is no doubt related to the fact that property prices are significantly lower than in established markets.

Overseas Property News posted on 21/05/2008 16:34:22