see a sustained rise in house prices," the bank stated.

"Buying in the right areas at the right time can allow you to make healthy profits from capital appreciation and rising rents in just a few years."

However, the bank warned that investing in property abroad can be affected by factors such as economic events and exchange range fluctuations, meaning it is important to have a flexible exit strategy in mind.

It also advised anyone thinking of investing in property abroad to consult an independent local lawyer as it is important to follow all regulations carefully.

Last week, financial commentator Katerina Nikolas wrote an article for Helium advising property investors to look at repossessed and distressed properties in Spain, which can be picked up for a bargain price.
 

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source: http://www.propertyshowrooms.com/spain/property/news/overseas-property-can-very-profitable-purchase_290939.html

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