Experienced investors are not suffering too badly if they have been wise and did not put all their eggs in one basket. These investors have been impacted by credit crunch, but still intend to buy properties in property hot spots, especially in foreign markets.

UK residents have always bought property in other countries at a fraction of what it would cost for a similar place in the UK, especially in France and Spain and the Philippines is no different.

But with prices falling in holiday markets and home, signs earlier in the year were pointing to a huge number of British nationals that are interested in buying abroad as far as Philippines and Thailand.

However, now again they have to re-consider their options because of high fuel costs for the airlines. Getting to these places are costing much more than a year ago. So they are more and more considering property hot spots that their economy is fuelled by their own economies. India and UAE is a good example.

There has been plenty of headlines during the last few months that would put off any property investor with the slightest fear of risk. Having a sensible approach and avoiding panic seems to be the best way to deal with them. Investors in buy-to-let in the UK are noticing that for the first time they can risk to increase rents while demand is out there. But there are concerns that tenants, who are cash strapped because of rising fuel and food costs, just won't pay.

Professional investors are starting to see buying opportunities in that most bombed-out of areas – property. UK house prices have tumbled more than 11% to an average £177,351 since last August’s peak, based on the Halifax index, after a decade of booming prices that added 145% to the average home’s value.

However, Investors here in UK are not cash rich right now. So thinking is that it is the investors in cash rich UAE that are buying over here now. That is a wise move for anyone not wanting to put all eggs in one basket.