Why You Should Buy Property in Atlanta

Over the past few months, the amount of investors interested in Atlanta property has increased due to the city’s growing rental market.

With the first time buyer average age rising to 32 partly due to high mortgage deposits making buying a house unobtainable for a lot of your people, the rental market has become flooded with many younger families and professionals seeking long-term rentals.

According to the Marcus & Millichap Q4 2011 Market Research Report for Atlanta, the vacancy rate for all properties was in Q4 was 8.6%, which equates to a decrease of 20 basis points from midyear.

With the amount of available rental properties down, the demand for rentals is fierce. This has been reflected with the rise of asking rents which Marcus & Millichap predict to increase in 2012 to 2.3% per month, while effec¬tive rents will increase to 2.7% per month.

What’s more, a recent report published by Standard & Poor’s Case-Shiller Home Price Indices, showed that houses in Atlanta had their biggest price decrease since 2000 in August-September 2011, meaning investors can purchase Atlanta property well below their true market value.

Due to the strength of the rental market, investors are looking for Atlanta property as a buy-to-let investment opportunity because of the anticipated high rental yields and, in the long term, high capital appreciation potential.

To help investors Atlanta property, Experience International, a leading UK / London based overseas property investment company, are providing access to 50% finance on all houses, enabling investors to secure a newly refurbished, ready-to-lease property in the city and benefit from the financial rewards with a lower initial cash outlay.

Experience International aim to provide both national and international investors with a hassle-free investment, all of Experience International’s houses for sale in Atlanta are carefully chosen and are situated in affluent areas; to ensure that investors get the best possible chance for successful investments.

With rental yields of more than 15% in most cases, contact Experience International on 0207 321 5858 or email info@experience-international.co.uk for further information about Atlanta property for sale.

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