Property Investment - Are Your Athletes Getting The Right Property Advice?
For those who work with sports professionals there is an onus on not only supporting them during the most crucial parts of their sporting careers, but also to provide guidance away from their talent. What advice are you offering off the pitch, track or court?
The career of a professional athlete is often limited, and it is essential to find solutions on how to invest their money wisely to make their finances last a lifetime. By educating and empowering sporting professionals from the earliest stages of their career, as their trusted advisor you are enabling them to make well-informed decisions on their own terms. This means individuals have greater control, experience better financial stability and can build their own legacy that will support them for many years after they retire.
One form of investment that has proven to be key for many athletes is real estate. Investing in real estate can provide additional income, long-term appreciation, tax benefits, asset protection, and in some cases have the added benefits of personal use. However, it is essential for athletes to work with experienced professionals and conduct thorough due diligence before making any investment decisions.
Firstly, Manchester is a city with a strong sporting heritage and a thriving sports scene, with famous football clubs such as Manchester United and Manchester City. This means that there is always a demand for rental properties from sports enthusiasts and professionals alike.
Secondly, Manchester has seen a significant amount of regeneration in recent years, with new housing developments and infrastructure projects such as the Northern Powerhouse initiative, making it an attractive city to invest in.
Additionally, Manchester has a relatively low cost of living compared to other major UK cities, which means that athletes can get more for their money when investing in property.
Finally, property is a good long-term investment, and with Manchester's continued growth and popularity, investing in property now could yield significant returns in the future.
To ensure that your athletes are getting the best possible guidance off the pitch, when it comes to property investment, here is a 2023 guide detailing all the benefits and pitfalls to look out for when investing in the city of Manchester.