Hartlepool, United Kingdom (PressExposure) January 12, 2009 -- The English property market is offering an abundance of fantastic investment opportunities, according to an industry expert. Liam Bailey chief market analyst for property portal Property Abroad said:
"I just can't believe the price of the off-plan units we are advertising. It's like the world has turned upside down. A big strength of recommending markets like Albania and Montenegro last year was that properties could be for a fraction of what they would cost in the UK, but now you can buy an off-plan 1 bedroom apartment in the UK for less than a 1 bedroom off-plan apartment in Montenegro, in comparable locations. These off-plan properties will grow in value rapidly when they are completed and the market recovery begins."
Property Abroad have several cut-price off-plan developments in England. One of the biggest bargains is the ManYoo off-plan development in Salford Quays, offering 2 bedroom luxury apartments in a prime waterfront location just outside Manchester city centre from just Â£113,000. When the UK economic recovery begins, whenever that may be, chic 2 bedroom pads like this on the outskirts of a major city could be worth anything from twice to even three or four times that amount. Liam Bailey said about the ManYoo development:
"This is an incredible bargain. If I had the money, which unfortunately I don't due to my growing family shrinking my bank balance, I would buy a 2 bedroom apartment in the ManYoo development myself."
Another bargain English property listed by Property Abroad is The Rise development, offering 23 high-end 2 bedroom apartments on the outskirts of York for just Â£144,950. The apartments are 2 bedroom 2 bathroom properties, many including en-suite and changing room facilities. According to the developer the apartments are being released at 15% below their market value.
Property Abroad is also listing 1 bedroom apartments in central Leicester for just Â£91,847. The 53 1 and 2 bedroom luxury apartments have fitted kitchens, wood-strip or carpeted floors, under-floor heating, video entry and secure allocated parking.
Visit the site to find out about Property Abroad's other bargain properties in England.
About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.