The Netherlands, Slovenia, Greece, Portugal and Ireland should be avoided by property investors in 2013 after being the worst performing real estate markets in 2012, it is claimed. Property investment firm, Colordarcy, has put together its list of worst property markets from its own research and reckons it is unlikely that these countries will see any improvements or gains in the coming 12 months.
‘Apart from a few outposts like Brazil, Turkey and Florida, property investors will probably be glad to see the end of 2012,’ said Loxley McKenzie, managing director of Colordarcy. ‘At least investors can now look forward to 2013, with property still the number one investment choice for financial gain. Unfortunately, it is unlikely we will see any gains or improvements in these five markets,’ he added. [click to continue…]
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