Released on = March 22, 2007, 9:00 am

Press Release Author = Principal International

Industry = Real Estate

Press Release Summary = Principal International, a leading overseas property
investment company, say that more and more Brits are choosing to buy property
overseas to use as a long term fund to boost their pensions.



Press Release Body = Principal International, a leading overseas property investment
company, say that more and more Brits are choosing to buy property overseas to use
as a long term fund to boost their pensions.

Primarily targeting investors, Principal International specialises in selling
overseas investment property to UK buyers. Paul Cooper, Director, says that there is
a huge market in the UK for established European destinations such as Cyprus and
Spain.

Principal International say that its not only investors with portfolios that are
looking to expand, but also the general public who are concerned over the ever
decreasing pension funds and are securing their future by looking further afield
into overseas property.

Typically those investing abroad look for areas where capital growth is likely to
exceed their home market and where there is a high return on rental yield. There are
new breeds of buyer coming to the market, first time buyers and future retirees
included, research shows that at least 50% of second home owners in the UK have
invested overseas.

Many Brits are choosing to live within the Cypriot community says Paul Cooper, most
of whom started by holidaying there, then investing, then finally moving there. It
remains a popular choice due to its similarities with the UK legal and banking
systems which make it easy to buy there.

Principal International say that with the potential adoption of the Euro in 2008 as
its national currency, Cyprus is likely to be one of the top destinations in Europe
for investing in property and prices are likey to remain attractive.

In addition, the renovation and expansion of the airports coupled with the
increasing numbers of flight only bookings to Cyprus, means that buying property
there to rent will offer further enticement to investors.

Principal International have an extensive range of property for sale in Cyprus and
other parts of Europe and the Caribbean, for more information see their website for
details: http://www.principalinternational.co.uk/.


Web Site = http://www.principalinternational.co.uk

Contact Details = Shaun Woodward
6 Chertsey Road
Woking , GU21 5AB
$$country

441483748629
press@principalinternational.co.uk
http://www.principalinternational.co.uk