Global Currency & How It Impacts Luxury Property

You may wonder how the currency market effects real estate investments. It can have a significant impact on the return provided by an overseas asset.

The US dollar appreciated by 21% between June 2014 and January 2016 making it more expensive for international buyers to purchase in the US which then saw a fall in non-resident property purchases in the US over that time period.

Due to the weakness of their currencies, British and Turkish property owners holding assests abroad were in a strong position in the year to Q1 2017 as selling achieved strong returns.

To read more about the current market - take a look at the Global Currency Report put together by Knight Frank. Download it below.

The market is currently very strong in Cayman but we can also provide services around the globe. If you have property investments anywhere in the world - we can help you sell them if the time is right for you. Contact us on info@irg.ky to see how we can help make the most of your property assets.