Hot property?

Thursday 4th January 2007, 12:00AM GMT.

JERSEY is being tipped as an investment property hotspot alongside Istanbul, Panama City and Slovakia.

Real estate agents are promoting Jersey as the place to buy, saying they expect to see growth in the market over the coming year. Adrian McDermott is the managing director for escapes2, an international property company who see Jersey as the next big thing. He said: ‘For 2006 we predicted that property in Cape Verde and Morocco would be popular with investors and holiday home buyers. This year I feel that the markets in Panama City, Jersey, Istanbul and Slovakia will achieve good levels of capital growth.’

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