Have you been put off investing in a foreign property given the current economic climate? Well maybe it’s time to think again and consider what could be a wise investment despite talk of an impending recession.

These days, property news is pure doom and gloom. However, the really good news reported from Derby based company The Resort Group plc, completely flies in the face of the current trend for decreasing property prices and a downturn in the market. The Resort Group is reporting a 15% year on year increase in the value of its properties – primarily based in the celebrity’s choice - the attractive holiday hotspot of Cape Verde.

“There is no secret to property investment, it is just common sense overlaid with the benefit of experience” explained Rob Jarrett, Chairman of the Resort Group. “We only offer properties of a very high standard within locations that are highly desirable. With the right property in the right place, you secure a good return on your investment, a revenue stream if you decide to rent your property and, of course, your own holiday home to enjoy” he finished.

By choosing the right location for a foreign property investment, your money is much safer and somewhat insulated against the harsh reality of the unpredictable housing markets all over the world.

With the stock markets around the world in turmoil, pension funds seeing value falls of over 30%, property investment is growing in popularity for people looking to safeguard their savings or generate wealth. It represents a safe but satisfying choice for many investors and regularly outperforms other asset classes such as equities, gilts and bonds.

Probably the most interesting factor when looking at property investment in general, home or away, is that unlike most investments, it is quite usual for you to use finance (e.g. a mortgage or bank loan) to fund monthly mortgage payments. This means you are feeding small amounts into your investment gradually whilst still benefiting from the overall gain. Called ‘compounding’ it is often seen as the most powerful investment tool. Additionally, the capital growth of your investment can underwrite further borrowing in order to expand your portfolio. It is a good idea to spread investments in different types of property or parts of the world to minimise risk and for overall balance.

Certainly it would appear that The Resort Group knows what it is talking about. It has enjoyed significant, successful growth via its portfolio since 2006.

Two of the deciding factors for The Resort Group when adding developments to its portfolio are convenient & low budget air travel combined with the inclusion of a 5-Star renowned hotel within the Resorts whereby privately owned villas and apartments can form part of the hotel rental itinerary. This relatively new concept has brought ownership of second homes well within the reach of increasing numbers of people and allows for far greater consistency of rental income for those who require it. An estimated 350,000 British residents now own a foreign property. A long weekend even becomes an option when you own a holiday home in the right location with a well-situated airport nearby – the number one selling point when you look to rent out your home all year round.

Resorts like Cape Verde, likened to the Caribbean for its year-round sunshine and white sandy beaches, is just five and a half hours by direct flight from the UK, and only one hour behind GMT, so no jetlag!

The Resort Group has 2 main developments there: Tortuga Beach and Dunas Beach resort. It has its share of celebrity purchasers too and The Resort Group includes Samantha Mumba and a host of famous footballers on its client list as recent purchasers.

The Resort Group is holding a Champagne and Canapés evening from 17.30 on 9th October at Derby County FC Pride Park.  It’ll give anyone thinking of investing in a holiday home the opportunity to see how far their money goes in Cape Verde and how The Resort Group works with its clients to secure them the best deal. One lucky guest will even win a luxury holiday for two in Cape Verde to experience it all first-hand.

So whilst the current economic climate doesn’t bode well for the property market here in the UK, it’s still worth seriously considering putting your money into the right overseas development that offers longevity and significant return on investment.