jet-to-let


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jet-to-let

n
(Commerce) chiefly informal
a. the practice of buying a property in a foreign country for rental as an investment
b. (as modifier): jet-to-let investors.
[C21]
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References in periodicals archive ?
It is rebranding Liverpool hairdressing chain Voodou and is producing the international investment magazine of Liverpool investment firm Jet-to-Let.
The development is apartment based making it ideal for jet-to-let investors for example, and prices start from just pounds 35,873.
This "jet-to-let" generation can achieve a good return, but the market is increasingly busy and the problems of property law overseas can foil the unwary in their chances of successful house ownership.
A new initiative, Jet-to-Let, has been launched by developer Key Resorts in partnership with Barclays Bank and mortgage broker Savills Private Finance.
Last year, more than 190,000 UK residents emigrated with many more owning "jet-to-let" holiday and second homes in places such as Spain or France in search of better weather, more money and an exotic lifestyle.
Most of these were planning to let out their new home for part of the year, forming part of a growing group of so-called 'jet-to-let' investors.
In 2006, the successful developer wrote the book - The Jet-to-Let Bible - which has since become a top seller.
If you are looking for a first-time property that will make you a great return, some first-time buyers are joining the jet-to-let crowd and continuing to rent here in the UK, while borrowing to purchase a cheap buy-to-let property on mainland Europe.
AS the property rental market slows in the north west, buying to let abroad, or jet-to-let, has caught the imagination of young investors.
WITH UK property prices and interest rates still riding high and making buy-to-let rental profits much less attractive than in previous years, 'Jet-to-let' has become the biggest new opportunity for shrewd investors willing to go overseas for capital growth.
Now young people are joining the "jet-to-let" generation.
Tens of thousands of first-time buyers termed the "jet-to-lets" are investing in Europe and America because they can't afford a mortgage at home.