It’s buy-to-let, but with a special twist. You buy a room
in a care home and let it to an elderly person in the later or final stages of
their life. This might strike some as distasteful. All forms of property
investment seem today to be controversial. But care home investments can be
highly profitable, offering annual returns of 10pc or more – and the
opportunity for capital growth. There is a sudden profusion of care home
investment schemes chasing savers’ cash. They are being marketed by developers
who claim private investors can buy rooms in newly-built homes for as small an
initial outlay as £35,000. Read more on the Daily Telegraph website.
No comments:
Post a Comment