Find out what’s happening in the property investment arena both in the UK and internationally
A transparent deal in a transparent market from a transparent company
October 23, 2015Article by Charlotte Ashton
From its residential investability to the transparency of its market, the US is increasingly being hailed as the place to invest when it comes to buy-to-let property.
A transparent leader
According to JLL, the US has been classed as ‘highly transparent,’ taking the number two spot in the company’s Global Real Estate Transparency Index 2014 (only the UK ranked higher). It’s a position that is backed up by the experience of those working in the country’s property market. Ray Withers, CEO of specialist property investment company Property Frontiers, comments,
“One of the great things about doing business with the US is the ease with which investors from overseas can grow their money in real estate. There are no restrictions governing who can and cannot purchase residential property there, making it an ideal marketplace for buy-to-let investors looking for great deals.”
A competitive market
The US also ranks highly when it comes to competiveness. According to the World Economic Forum (WEF) Global Competitiveness Index 2015–2016 Rankings, the US takes third place, maintaining its position from the year before. Furthermore, the US ranks first when considered by average growth rate from 2007-14, according to the WEF data.
Competitiveness, in this context, represents a country’s level of productivity, which is an important factor behind its resilience and ability to grow, key reasons why the US is so attractive to investors at present. According to La Salle, the US is the largest institutional real estate market in the world, containing a quarter of all institutional property (equating to $2.4 trillion).
A leading investment deal
Within this transparent, competitive marketplace, buy-to-let investments are attracting investors from around the globe. In the bustling city of Charlotte, North Carolina, demand for residential accommodation in the private rented sector is high. Property Frontiers is enabling overseas investors to address the situation, with CEO Ray Withers on the brink of launching a fully tenanted, residential buy-to-let opportunity in the city.
Investors looking to be part of the US residential market can sign up to The Frontier newsletter for regular updates, including details of the new opportunity as soon as these are available. For those who simply can’t wait, Property Frontiers is offering fully occupied apartments in the nearby city of Gaffney, South Carolina. The development is already 70% sold, with investment prices starting at $48,671 and a minimum of 11.4% gross yield for two bedroom apartments.