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Capital gains to be made inEuropean cities
June Edwards



CAPITAL Eyes, overseas property investment company is running an investment exhibition next weekend, where they will be on hand to explain all the intricacies of investing in property abroad.

The company focus largely on Central Europe, claiming that a lot of investors have gradually been moving away from the traditional holiday spots in favour of large cities, where there is a stronger allyear rental market.

According to Capital Eyes, cities which have a mix of multinational companies, universities and local people, have the best rental potential, generally seeing over 80% of available property rented on a long-term basis, producing yields of between 6-7%, such as in Budapest and Berlin, where there is a long tradition of renting homes rather than buying.

In the last year or so, holiday destinations have not been reaching the 20 to 30% capital appreciation expected.

But Capital Eyes say that large cities in Central Europe have been experiencing steady capital appreciation of almost 10%. The main difference seems to be that investment property in cities capitalises on that city's economic growth, rather than being reliant on holiday destinations.

Capital Eyes exhibition will take place in The Westbury Hotel from 3 to 5 May.




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