Surrey, England, UK -- (ReleaseWire) -- 10/11/2006 --A new company has been launched to serve the needs of the growing number of people who wish to buy overseas properties for investment purposes, but who don't want the high-pressure sales and inspection trips associated with the traditional European markets.
This company caters specifically for the investor whose primary aim is for good returns on investment through significant capital growth and strong, often guaranteed, rental yields. Developments are selected from locations such as, Barbados, Dubai and Thailand by Principal International to meet investment growth criteria as well as security of tenure for the investment.
Roger Ivimy, Principal Group Managing Director, said: 'the senior management team has extensive personal and corporate knowledge of the property investment sector within the UK and abroad, and realised the need for such a business. The focus has been set on customers who are looking to invest for the financial rewards available, not necessarily just for a holiday home that can be let out when not in use by its owner. This new venture is the result of three years' hard work and research, combined with our own experiences. We can now offer a dedicated service to like-minded individuals who wish to invest in overseas property'.
He said 'Principal International has a range of investment property that can be bought off-plan with as little as 20% deposit and the balance rolled up until completion. Local mortgages are often available for the balance and rental guarantee schemes offering up to 10% for 5 years have been agreed on certain developments in the Dominican Republic for example'.
Principal International has carried out thorough due diligence to ensure that developers have the right planning permissions, land ownership certificates and bank guarantees to complete the construction process.
Simon Ryeland, Managing Director of Principal International, said: 'we would not market a development that we wouldn't be prepared to invest our own funds in'.
Principal International offer a large selection of investment properties in Barbados, Bulgaria, Cyprus, Dominican Republic, Dubai, Portugal, Spain, Thailand and Turkey to suit all budgets from £20,000 to £2,000,000.
You can contact Principal International on 0800 038 0000 or visit www.principalinternational.co.uk.