Booming Rental Market Encourages Investors to Buy Property in Atlanta, USA

Over the past few months, the number of investors looking to buy Atlanta property has increased due to the city’s booming rental market.

With the first time buyer average age increasing to 32 partly due to large deposits for mortgages making purchasing a house unobtainable for a lot of your people, the rental market is growing with many younger families and professionals searching for long-term lets.

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

With the number of available rental properties down, the competition for rentals is as strong as ever. 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 conducted by Standard & Poor’s Case-Shiller Home Price Indices, stated that Atlanta houses experienced their biggest price decrease since 2000 in August-September 2011, allowing investors to purchase Atlanta property well below their true market value.

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

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

Experience International aim to provide both international and national investors with a hassle-free investment, all of Experience International’s houses for sale in Atlanta are carefully selected and are located in affluent areas; to make sure 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 more information about Atlanta property for sale.

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