Wednesday, February 18, 2009

Highest rental yields

Looking for the highest rental yields?

I know in some parts of the country at auction it is possible to purchase property with double digit rental yields, but this is still unusual.

Landlord insurance - professional rates and discounts

How about an average rental yield of 14.2%?


Unfortunately, this type of yield is not available in the UK. According to research carried out by Global Property Guide, this is the highest of the international investment yields and is available in Chisinau the capital of Moldova. Property in Cairo and Jakarta also saw gross yields at over 11%. This compares to about 6-7% in the UK.

The study also reveals that the most expensive property market in the world is Monte Carlo. An apartment of 120 square metres cost an average of $47,600 for each square metre in 2008, over double the rate in Moscow, the next most expensive city. Prime property in the Russian capital fetched a shade more than in London, where prices fell for most of the year. Cairo is not only the cheapest for buyers, but it may even be a good prospect for buy-to-let investors with a gross double digit yield.

No comments:

Post a Comment