A recent study I saw predicted that nearly half of us would own an overseas property
within the next three years. That’s an amazing figure, which goes to show the huge
change in the way we all think about overseas property. No longer just a second
home to retire to, nowadays we are buying overseas property earlier in life, and
for investment as much as lifestyle reasons. Even first-time buyers, put off by
high prices and the scarcity of good housing at home, are buying overseas.
With all the turmoil on the stock markets, more and more people are seeing bricks
and mortar as the best way to invest for the future. Why put your money in a bank
and earn 5% on it if you’re lucky when property has a far higher historical rate
of return than this? Why put your hard-earned cash somewhere it is doing you no
good when you can invest in a beautiful home that you don’t only get to enjoy yourself,
but also can rent to others?
I’ve never been in the business of guaranteeing you all the riches of the world,
and as owning property overseas becomes the norm, I don’t have to – we all know
it can be a fantastic investment. What I am in the business of doing is trying to
give you everything you need to make your overseas property “career” an exciting,
fun and in all likelihood a profitable venture.
Think about this: With more and more people choosing property over any other investment,
the number of companies trying to make a fast buck will also rise. So you need to
be careful about who you choose to partner with. With MRI, you can be sure we will
be there when you want to add to your portfolio, when you’re seeking rental clients,
and of course when you decide to sell your property or properties.
Just browse around this website and you’ll be left in no doubt how much we believe
in what we do. We have a TV station to educate and entertain you (overseas property
is meant to be fun, after all!), a magazine written by respected, independent journalists
to help you make informed decisions, a construction arm, a newly relaunched rentals
division offering a revolutionary travel industry-style online booking system, a
massive resales database, a luxury property division, modern showrooms across the
UK and Ireland – the list goes on!
I am not documenting all our achievements simply to boast, but rather to reinforce
for you this massive belief we have in overseas property and the commitment we have
to being by your side for the long run. We know how property investment works, we
believe in its potential to make money for investors, and we want to spread this
word further and further. That’s why we’re continually adding new countries to our
portfolio. That’s why we’re always looking for new ways of letting people invest
in property (look out for our new “condo-hotel” project, the Vicci Group of Hotels…).
That’s why you can be confident in trusting us.
So to all customers, old and new, I thank you for your business and look forward
to serving you in the future. And if you’re not a customer yet, I hope my company
can persuade you to take the plunge and get involved in the exciting world of overseas
property. We’ll be with you every step of the way. That’s my promise to you.
Darragh MacAnthony
Chairman
MRI Organisation