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Lapping it up - 10 September 2007

Prudent property investors are following Santa Claus and looking towards Lapland this Christmas as the place to achieve glowing profits according to specialist property portal, Landlord.co.uk

Tim Warrington of Landlord.co.uk provides his expert analysis on the opportunities that exist in Lapland. He comments: “For the investor with imagination, Lapland is a ‘hot property’. Neighbouring Finland’s economy is booming and the Finns love nothing better than a skiing holiday in sunny climes.

“This creates an increasingly strong demand for log cabin-type accommodation to attract domestic tourists and also to cater for winter sports enthusiasts from the UK and US, who are turning up in droves.

“In Lapland, snow is guaranteed all winter long, causing a migration from the French and Italian ski slopes where the fall can be variable. In winter 2006/2007, the reliability of Lapland’s ‘white stuff’ brought about a 33% plus increase in visitors, and this figure is expected to rise in winter 07/08.

“As well as the skiing crowd, Lapland is popular with winter holidaymakers from Europe, especially from the UK. Many families want to make Christmas special for the kids by taking them to see Santa prepare for the annual sleigh ride in his natural.”

Mr Warrington continued: “Summer tourism is also on the rise in Lapland thanks to a whole host of activities on offer, from salmon fishing to white water rafting.

“Whatever the season, Lapland is becoming an all-round venue for holidays and is an excellent choice for UK property investors who are looking for a more stable opportunity than, say, the Eastern Bloc countries that were so popular last year.”

With recent interest in Sweden and Norway on the up as well, it seems that British buyers of overseas property do not exclusively look south for their new life abroad. Scandinavia certainly has a reputation as an area which values family and outdoors life, so if you are looking for a lifestyle change ahead of a hot climate, Lapland could be perfect for you.

 

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