Friday, October 12, 2007

Gambia Property the Next Big Thing

The Gambia Africa is set to be a great place to invest in real estate and has been staring investors in the face for some years.The Gambian government is totally committed to business development and free enterprise. It has a reputation as a tranquil, secure destination with property conveyanceing and laws based on the British system., low inflation, fiscal stability and one of the lowest crime rates in the world. It seems that Gambia is ripe for investors he Gambia

The Gambia was for many years a British colony and is one of the smallest and safest countries in Africa. Gambia has been a holiday hotspot for Europeans one of the reasons for this is the fact that Gambia is on average only 6 hours away and has the addded benfit of no jet lag.

Tourism is now one of the dynamic sectors of the economy, contributing 16% of the country's GDP with a 19.2% jump in visitor figures from the previous year.

Construction is already underway and TAF Holdings one of the best known develoers in Gambia are buiding along the coast and in villages nearby. Investors searching for overseas property investments should consider off plan devbelopments in Gambia . This form of investment combined with emerging market prices could make Gambian property very profitabale. There are also a number of inhabitable existing properties that can be had for a very small investment. Construction on a few developments along the coast are almost finished with international investors snapping them up. If you are looking for a good international investment, it's hard to go wrong in Gambia.

Real estate investors know that good communications are te key to success for any region. After all those who may want to rent or buy your property need to ba able to get there easily. UK overseas property buyers are only a six-hour flight from the UK with no jet-lag,

The Gambia coast offers miles of superb golden beaches and the vibrancy of Bakau, Serrekunda and the capital, Banjul, is as colourfully African as you might imagine.

Language barriers have nver been a problem in Gambia its a fact that the average Gambian can speak up 3 languages some see this as as sign of ethinic harmony.

Construction aimed at investors is underway at the ocean-side village of Brufut in Gambia this investment real estate comes in the form of a modern housing development.

So the secrets out about Gambia an investment property market with huge potential. Investors know where their is demand their is price rises so the time to get in on the action is now .

Nicholas Marr is an observer of the overseas property markets and is also the CEO of http://www.Homesgofast.Com a leading overseas property portal. His views are based upon his experiences in international real estate and the fact that he is in regular contcat with hudreds of real estate agents from locations worldwide