*Israel’s first show brings in 2000 visitors

The first overseas property exhibition in Israel brought in more than 2000 visitors according to the show’s organisers.

The two day event took place in Tel Aviv and attracted a broad cross-section of buyers. The biggest interest was in “distressed properties in the US, Greece, Spain and the neighboring island of Cyprus”, according to show director Amir Rochman.

Phil Page, Marketing manager of Assetz PLC, who were exhibiting investment projects in Cape Verde, USA and the UK expects to return in 2012.

“We were very positively surprised not only by the number of visitors, but also by the quality of leads that we gathered during the Expo

The Israelis seem to know very well the overseas property business, they ask the right questions and they normally want to see good numbers and profits. I think you can expect to see us here next year as well”.

Rochman believes the event was perfectly timed.

“Israel is a very important player in the global real estate market; there are many local individuals and companies that are very active overseas. We feel that with the slowdown of other traditional markets, it was a perfect timing to launch this event. “

Comment – The right ingredients for success

Although Israel has a relatively small population, the country has many of the ingredients to be a lucrative buyer market

Per capita incomes are high but more importantly property prices have boomed in recent years creating wealth and equity that can be invested abroad. Combine this with a difficult political and military situation and you have both the desire and the ability to buy property abroad.

For readers with strong investment products in the countries such as US, Greece, Spain and Cyprus should arguably consider the event seriously in 2012.

Source: Global edge

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