Why Should You Make Property Investment Nottingham?

By Author: Michal Jorge
Total Articles: 13
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Nottingham is situated in the East Midlands of UK. The economy of East Midlands as a whole and Nottingham in particular depends largely on manufacturing. Some of the reputed manufacturing companies in Nottingham include Imperial Tobacco and Boots Pharmaceuticals. Total earnings of the East Midlands stands at a staggering £5.7 billion annually with 292,000 jobs created each year. The investment opportunities in Nottingham include properties, technology, biomedical, science and environmental technology. With so many opportunities in Nottingham, the city is undergoing major development programs ranging from infrastructure development to public and private amenities. With the development of the city and so many job opportunities people are being attracted to choose Nottingham as their place of residence or for setting up business. This fosters well for all the property investment Nottingham investors. Most of the investors in Nottingham are reaping rich rewards for their wise choices.

If you want to make good profits, then property investment Nottingham would be a great choice. Let us have a look at some of the reasons ...
... why:

1.Low Costs: Property costs in Nottingham are lower than other parts of UK. Average cost of any property in Nottingham is 16% lower than the national average in UK. The salary costs in this city is 10% below the national average. You are sure to have lower transportation costs as 89% of UK is within four hours of driving distance. The corporate tax rate in Nottingham is 28% lower than the prevalent tax rate in mainland Europe. These figures are attracting a large number of individuals and corporations to buy a property in this city.

2.Research and Development Zone: Nottingham is home to reputed research groups in its acclaimed university. There are also commercial sectors located at the heart of this city. The academics at the University of Nottingham developed MRI scan which won two Nobel Prizes in 2003. There are other reputed universities such as the University of Leicester and Loughborough University which are placed only a short distance from this city. Most of these universities have collaboration with world's leading companies. For example University of Nottingham has a tie up with famed companies such as ford, Rolls-Royce, Astra Zeneca and GlaxoSmithKline. Thus, students are flocking to the East Midlands to get admitted in any of these reputed universities and the investors are reaping profits providing them with good residential areas.

3.Workforce: Nottingham and the entire of East Midlands is known to produce efficient, talented and trained employees. There are eight highly rated universities in East Midlands which generates a total of 47,500 talented graduates every year. Thus there is a pool of talent to choose from. This encourages the business owners to set up their base in Nottingham.

4.Property Market: Nottingham offers a prosperous property market. There are flexible options such as hot-desking and virtual offices to start and run your business in a cost effective way. Nottingham is also home to some reputed business parks. These parks have sophisticated facilities and are great places to operate business. BioCity in Nottingham is the largest business incubation centre and science park in Europe.

5.Happy Life: Nottingham offers hassle free lifestyle with all the modern sophistications required. People living in Nottingham are happy with their lives and thus a large number of people are buying property in this East Midlands city.

Above given facts bear testimony to the fact that property investment Nottingham is a safe option as a large number of people are looking to buy properties in this city.

Author has been associated with a reputed property investment Nottingham company and has wide experience in various types of investment options in this prosperous East Midlands city.