Assetz: Britons can benefit from overseas buy-to-let

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Assetz: Britons can benefit from overseas buy-to-let

Assetz is encouraging British investors to purchase buy-to-let properties abroad rather than just buying holiday homes.

The firm's research indicates that buy-to-let properties can create more returns while proving to be less hassle for owners.

Although investing in areas more closely affiliated to the tourist industry can generate income in countries, such as France, Assetz say letting to local people is usually more dependable.

"Amateur investors in particular are driven by the desire to holiday in their overseas property once or twice a year, therefore focus on holiday destinations which they might ultimately choose to retire to," says Stuart Law, managing director of Assetz.

"However, with the time taken to manage the holiday bookings and the hassle of arranging changeover/cleans between holiday let clients, it would make sense financially to consider separating the investment from any intentions for personal use and seek local let property."

Assetz boasts a range of buy-to-let properties for sale in Cotes-D’Armor in France, near Brittany.

The overseas rental market has risen dramatically in recent years, with the growing number of countries which have joined the European Union creating a more attractive environment in areas previously ignored, such as the Baltic states.