Shortage of UK Investment Properties

City workers looking to spend their bonuses on cheap property have been left out in the cold, as the supply of cheap property in their traditional investment areas including the City and Docklands has now reached rock bottom, reports the Homebuyer Show.

An estimated £4 billion worth of city bonuses is set to be spent on cheap properties following the huge bonus payouts in December, as city workers look to maximize their funds through property investment.

With recent research now indicating that the supply level in their traditional investment areas is now at an all time low, many investors are now having to look in other places. The majority of estate agents in the City and Docklands areas had fewer than 10 properties available for sale at any one time at the end of 2006 compared with 15-20 at the start of the year.

The main countries which are likely to attract these cash rich investors are France, Spain, Bulgaria as well as the United States. However, for those investors who are a little more adventurous countries like Barbados, Dubai and Brazil are also offering good returns.