Confidence in the UK property market is returning, as the FTSE 100 index reaches its highest level since February of this year.
This heralds a positive response from the UK’s post-Brexit economy, welcome news to Direct Airport Parking Investment, a business that handles investment in car parking spaces alongside some of the country’s busiest airports.
Raj Shah, Investment Consultant with Direct Airport Parking Investment, said:
“It quickly became ‘business as usual’ for us once the dust started to settle following the result of the EU Referendum. We recognised that the immediate impact of the result on the value of Sterling made UK buy-to-let property investments a better value prospect for many overseas investors. Our consultants noticed an increase in the number of enquiries they were handling from overseas investors keen to seize the opportunity presented by the weakened pound.
“We were quick to reassure our investors that this modern property-based investment really is a ‘safe haven’ investment ideal for such a period of turbulence. Investing in off-airport car parking offers several distinct advantages over what investors often turn to in periods of great uncertainty, including gold, government bonds and other currencies.
“Finance experts now believe that the UK property market is functioning as normal almost three weeks on from the shock result. The increase in the FTSE 100 index is helping to further boost confidence among investors. We feel that commercial buy-to-let property in the UK continues to be a profitable long-term investment option, and investing in car parking spaces at airports brings the benefits of a UK property investment with none of the risks and maintenance issues associated with ‘pure’ bricks and mortar investments.”
Airport car parking at some of the UK´s busiest and fastest growing airports is a solid, low risk investment opportunity offering assured rental income and significant capital growth. As the Master Agent for leading long-stay airport parking provider Park First, Direct Airport Parking Investment can offer low risk investments in individual or multiple car parking spaces with guaranteed high yields and capital growth.
Park First has been offering car parking spaces at Glasgow Airport for more than three years, having successfully introduced six separate phases over that period. In the last year, three phases have also been offered at London Gatwick, all of which have proven to be extremely popular with investors. Building on this undoubted success, Park First is now in the process of introducing a new and exciting opportunity at London Luton, the UK’s fastest growing major airport, to further complement its portfolio.
Through Direct Airport Parking Investment, investors now have the opportunity to beat the anticipated rush and reserve their spaces right away.
Individual car park spaces at Glasgow, Gatwick and Luton are offered at a heavily discounted price compared to official valuations, offering investors an immediate uplift of 50% on the initial purchase price, and providing significant capital growth on their asset from day one. The yields are high too: investors in off-airport car parking through Direct Airport Parking Investment are assured of an 8% return in each of the first two years of their investment, rising to 10% in years three and four, with returns in years five and six predicted to rise to 12% or more.
For more information about investing in off-airport car parking at major UK airports with Direct Airport Parking Investment Limited, visit www.directparkinginvestment.co.uk or call +44 (0) 161 820 4956.
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