How To Turn Property Into Money!
| Money : Money Management Yes, everyone has been buying property recently because the markets are so bad. And yes, we also know that analysts say that the current rates are not sustainable in the long term. In fact, house prices may level off in 2002 and fall in 2003. So why write an article about turning property into money? Has the bubble burst? Well, the best way to make money out of property right now is to buy abroad. If you buy in Spain there are many underdeveloped areas, that are only know becoming commercialised. The best thing to do is to look where the cheap airlines are flying. As they open up new routes they make new parts of Spain more accessible, which will bring in lots more tourists and hence revenue for an area. In some areas which are just being opened up, if you buy know it is not unreasonable to think that you could make anything up to about 50% back on the value of your property in a year. The other great thing is that it won't break the bank - you can get a decent property from around ?50,000 in a lot of these areas. So, if you want to know 'how to make money from property', this is my advice!
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