Posts Tagged ‘investment’
Thinking About Morocco Property Investment
The Kingdom of Morocco is a country in northwest Africa. It has a long coastline on the Atlantic Ocean that reaches past the Strait of Gibraltar into the Mediterranean Sea. Morocco brims over with contrast, color and mystery and all you can do is simply catch your breath in wonder. It has a timeless quality that no longer exists in the modern world.
Morocco has become one of the major holiday destinations in the Mediterranean, an exotic location with extraordinary natural and cultural wealth. A rapidly growing holiday market, focused on quality.
Today Morocco is a promising emerging market and a huge growth in developments to the region is living proof of this. The Moroccan government’s commitment to increase the numbers of tourists is a real incentive for developers and investors alike.
There are a number of reasons why Morocco property is so profitable investment, chief amongst them is the fact that Morocco has enjoyed relative stability for an extended period of time. In addition, the climate in many parts of the country is very appealing to people from many different countries around the world.
There are several major cities where capital growth has been at its highest – most notably, Casblanca, Fes, Marrakech and Tangier. Areas along the Mediterranean coast are expected to be the next boom – prices are currently very low.
Another reason that investing in Morocco property is currently so attractive is the relatively low cost of living. Foreign money can go a long way in the country making it easy to live in the lap of luxury at very little cost. This has spurred the creation of many foreign real estate investment firms that specialize in helping investors find the ideal property for their investments. There is also a large variety in the kind of property available on the Moroccan real estate market. Whether you are looking to invest in a tourist resort, in a rental unit or a business there are hundreds of viable options. The Moroccan property market provides a great abundance of investments, making it easily available for all investor groups regardless of their budgetary constraints.
When you are buying property in Morocco the most important factor is to work with an established agent, who can guide you through each step of the process and help you avoid any pitfalls.
When you have decided on a property to buy in Morocco you will need to make a verbal offer through the agent, which will need to be accepted by the vendor. Once an agreement on price is achieved, sale negotiations will proceed. Also it is wise to appoint a lawyer who is fluent in your language so that you properly understand all the legalities and exactly what is happening. And the purchase of a property in Morocco is a standard procedure, similar to anywhere on the European Continent. The buyer will open a Euro account with a bank in Morocco and transfer Sterling or Euros to this account. The Euros will then be converted into Dirhams when paying funds to the vendor.
Investing in Property Abroad – a Look at Overseas Investment Property
With globalization and liberalization at their zenith, the world is witnessing a rapid transformation towards a global village. The trend of ‘think global, act local’ (glocal) is also catching up pretty fast, whereby, the big and small business houses are increasingly looking to expand to offshore locations. The bringing together of all the nations closer has an interesting fallout. Now, no country seems far off in terms of investment or tourism purposes. With the prices of services crashing due to increased global competition in almost every country, investing in property abroad has suddenly assumed much more importance in the portfolio of the small time property investor.
Why Invest in Property Abroad?
The past decade has witnessed a paradigm shift in terms of the way people view the investment opportunities abroad. The opening up of international markets has a major role to play in this surge of demand for the overseas property market. Businesses are on an expansion spree, and the developing economies are welcoming the financial conglomerates with open arms. Globalisation has also led to a major increase in the spending capacities of the average man in the street, which in turn, means lots of disposable income and limited local resources to invest in. Resultantly, there is a clamor for investment in property abroad.
The reasons for investing in property abroad vary from individual to individual. But the bottom line is that everyone prefers real estate property investment overseas due to it being a relatively safer option to channelise the surplus funds nowadays. Most developing countries are witnessing a property boom and judging by the long-term policies of governments and the predictions by financial experts, the real estate sector is one of the safest bets to invest your money in.
Here are some of the factors that contribute to the surging demand of property for overseas investment.
The availability of credit options has opened up a world of opportunities for the overseas investors. The financial institutions have been offering attractive products to lend the required finance for investors, since the property mortgage is mostly dealt as a secured loan and much safer bet for the defaulters-wary banks and financial institutions.
The lure of an improved retired life in a country that offers much better standards of living is too good to resist. Finance is not much of a problem for this segment of investors.
Tourists are now seeking holiday homes in places where they enjoy the most. Again, the availability of easy finance has given them the opportunity to realize their dreams at much faster rate.
Most of the developing countries are offering a greater probability of capital appreciation for investing in real estate. As the development cycle is in its nascent stage, the property investment can translate into a windfall for the prospective investors.
There is a trend on moving to safer destinations abroad than suffering from the constant threat of terrorism and extremism. The lure of safer pastures and an easier less stressfull lifestyle has also contributed to the demand for overseas property.
The rising property rates will, more often than not, translate into rising rental values. The lure of good regular income from renting out the property abroad is also contributing to the surging demand for property investment overseas.
Current Hot Property Investment Destinations Abroad
Among major property investment destinations, countries like Spain, Italy, France, and Greece have always maintained a higher ranking among potential property investors. However, with the growing economies of developing nations and the dearth of supply of quality property in the developed countries, the countries of Eastern Europe have emerged as the dark horse in the race for grabbing a piece of the global real estate pie.
Bulgaria is attracting the maximum value for money being invested in real estate within the country. The Bulgarian landscape is rich in natural features like pristine sandy beaches along the Black Sea, wild mountain ranges, lush green hills, fertile plains with scented rose fields, richly colored orchards and sun drenched vine-yards, rivers, magnificent gorges, health spas and natural springs. The weather, comprising of four distinct seasons has also contributed towards the popularity of Bulgarian charm. The recent EU membership has catapulted the status of Bulgaria to newer heights and there has been a constant demand for Bulgarian property from around the world.
Croatia is another country of Eastern Europe that is poised for major gains as a result of its pending EU membership. The country has over 6000 km of vast coastline. Croatia is just waiting for the investors to pour money in its largely untapped tourism sector. Considering the immense potential the country has for the real estate investor, the Croatian property market is offering up property for grabs for peanuts considering the skyrocketing prices in other European nations.
Already a member of EU, Hungary poses a major challenge to the other established real estate giant countries. The economy of the country has seen tremendous gains from its EU membership and generous grants received from one of the richest Unions in the world. The rental property market in Hungary currently offers the best investment deal in terms of capital appreciation.
Estonia and Latvia are the other major East European nations that are emerging as the next destination for the budding real estate investors of the UK and other European countries. These countries are member nations of the EU and have elaborate expansion plans for their economies.
Should I Attend Property Investment Courses?
Learning is the beginning of wealth. Learning is the beginning of health. Learning is the beginning of spirituality. Searching and learning is where the miracle process all begins, Jim Rohn
Investing in property may seem like todays flavour of the month. However, due to the large amounts of money changing hands, it is not something that you should try without proper training and guidance.
When I first started investing in property, I spent a lot of man hours educating myself. I bought every single book on property that I could lay my hands on. I spent a lot of time and effort attending workshops and seminars. When I had become confident of my abilities, I ventured out and bought my first property.
Buying my first property did not mean that I could now stop learning about property investment. In fact, it was the exact opposite. I was now spending more time learning the different property investment strategies; I was attending more seminars and courses and reading specialised books on investing. Had I stopped learning after my first purchase I would not be a successful property investor today.
A couple of weeks ago, I did some research to see what courses were being offered to help people get into property investment. Quite frankly, I was shocked by the results. I found single day courses and workshops ranging from 500 pounds to 10,000s pounds. And, thats not all.
I even found several portfolio companies requesting 6 figure sums in return for an off the shelf property portfolio! Today, every other person appears to be offering a property investing course. How do you choose which one is right for you?
Firstly, my advice would be for you to not pay anyone to buy a property portfolio for you. If you want success in property, you need to understand at least the basics of property investing. Paying someone a truck load of money to buy a few properties for you will not give you this knowledge.
Attending property courses should by definition increase your knowledge of property investment. However, prior to parting with any money you need to address the following issues:
- What are the credentials of the course organiser? Is he/she a property investor himself and how much experience does he/she have?
The best person to advise you on property investing would be someone who walks the talk – theres little to gain from a presenter who has never bought a property before.
- What are the course contents? Will advanced techniques be addressed?
Its the advanced techniques used by successful property investors that will set you apart from all those other wannabe property investors.
- How many people will be attending the course?
A course attended by hundreds of people may lack the personal touch, but will present networking opportunities to you.
- How much and how long is the course?
Paying several thousand pounds for a one day course is too much. You need to weigh up the cost, length and contents before making up your mind.
- Will I be given the opportunity to network with other attendees of the course?
The property business is a business of relationships. You need to network with others in the same business as you will not be able to do it alone.
- What is the location of the venue?
Is it worth travelling hundreds of miles to a course that may be offered closer to where you live?
- What support will be provided after completion of the course?
Course attendees quite often become unstuck after attending a course. You need to find out if any support is offered after you complete the course.
Only once you are satisfied with your answers to the above questions should you part with any cash.
Be warned though, attending a course by itself will not make you into a successful property investor. What will set you apart from any other attendee on the course is your level of motivation and determination to succeed in property investing.
How To Make Money With Investment Property
Owning investment property can be a profitable endeavor, even for the neophytes in the field of real estate. The crux of the business lies in finding affordable investment property that is likely to be lucrative. Although there are scads of books, guides and other online sources of information, loads of advice at the outset can often leave a newbie investor perplexed as to what’s the right road to follow. It’s best to know the basics first, and then move on to the avant-garde tips and tricks of the profession.
While searching for investment property keep several options open, including the Internet, paper ads, and even other realtors. However, by purchasing investment property directly from the owner, you can save some hard earned money – since there is no intermediary realtor, no commissions need be mete out. Therefore, it’s better to seek houses listed For Sale By Owner (FSBO). But if getting hold of an FSBO property seems like a cumbersome chore, you may look for hard-to-sell investment property that is listed with realtors. Such properties often need refurbishing and, therefore, can be bagged at a lower commission.
It is recommended that you visit in person the investment property that you wish to purchase. Pictures render a glossy, almost perfect look to everything – the obscured glitches are often revealed on a closer, personal inspection. In addition, you may also survey the neighborhood to get a fair knowledge about the living conditions and the kind of people that inhabit the locality. This information would prove invaluable in a typical remodel and sell scenario – you must know what type of clientele is likely to buy the house, prior to remodeling it.
A thorough inspection can make the difference between a lucrative deal and a money sapping investment. It is best to take a property inspector along with you, when you go for an investment property inspection. The inspector would analyze the house and ensure that it boasts of a solid foundation, is free from any leaks in the water system or any glitches in the heating system, and the floor and walls are in good condition. Whatever the anomalies, you must assess the repair costs and further discern if the deal is profitable or not.
Some repairs, such as mending or replacing heating ducts or air conditioning conduits, can be costly and typically require the services of an expert. On the other hand, some trivial flaws, such as a dripping shower head or bathroom faucet, might well be rectified by you, in order to keep the repair costs to a minimum.
Bearing in mind the advice given here, you could very well excel in real estate, and bag a few money-spinning investment property deals.
Copyright © 2006 Joel Teo. All rights reserved.
Real Estate Investment Secrets Revealed
Many of us are like the man going off in search of diamonds. We waste time, money, and energy in endless moneymaking schemes while the greatest source of wealth is lying at our feet – real estate, everybody knows that one of the smartest ways to make serious money is in Real Estate Investment.(Winning Big in Real Estate – Written by Robert G. Allen in the Book Titled Multiple Streams of Income). I have researched and gattered the top contenders that teaches and gives you every piece of information you need about real estate investment and reviewed them for your convenience.
1. Governmentauctions.org® — Government Auctions & Bank Foreclosures — All In One!
key- government auctions,online government auctions,real estate investing,no money down,real estate advice,foreclosure training This site has a Comprehensive database listing thousands of live and online government auctions in the US. and Canada by state/territory. With them you can buy all types of seized and surplus items for rock-bottom prices. real estate, autos, electronics, jewelry, art, antiques, and more. Their Annual membership is only $39.95 you will Learn what it takes to genuinely be successful buying seized, surplus, and abandoned property at all types of government auctions. They have the Absolute Best Guide to Government Auctions & Foreclosures! If you wish to buy Foreclosures or Seized and Surplus items from the Government at discounted prices, you simply can’t afford NOT to be a member of GovernmentAuctions.org®.
2. The Real Estate Under Ground In this site you will discover how to use these real estate investing underground secrets to create large chunks of cash even if you have bad credit, no credit, and no experience. Who Else Wants The Complete, Step by Step, No Brainer Formula For Successfully Investing In Real Estate…Even If You Have Horrible Credit, No Credit, No Experience and Very Little Money? Revealed: Here’s The True Story of How they Bought Real Estate Without Using Any of their Own Credit, Without The Use of Any Bank, and Without Begging Anyone for a Loan to Make Enormous, Rock Solid Piles of Cash To Escape the J-O-B! If you’re looking for proven methods to buying real estate without using any of your own credit or without tying up a lot of cash, then this site is highly recommended
3. Real Estate Foreclosures- Home69 This is another Proven real estate investing course specializing in foreclosures and pre-foreclosures. When I “Followed Jeff’s real estate advice, I made $4,000 in one transaction that took less than one hour.” The information that is shared in this course is priceless. Most real estate agents and mortgage brokers don’t even know this formula they show you how To Build Massive Wealth In Real Estate Foreclosures! A simple, yet powerful and proven formula that will grab you by the hand and walk you step by step to your real estate fortunes!
4. Foreclosures – Real Estate Investing – Short Sales. I Learnt about foreclosures and real estate investing techniques like short sales and subject to financing. I Discovered a proven, time-tested, sure-fire system for generating income, creating wealth & securing my financial future! Imagine a system that requires no credit checks or income verifications and it’s virtually Risk Free. $2,890 profit in just a few weeks I applied the methods in the book almost directly without a lot of additional research and study. Also described were procedures that I know to be used in at least six other states that I have researched, so I can guess that they are fairly a global concept and could be applied anywhere. They also have estimate sheets and other forms included. After reading their Foreclosures and Flippers e-book I became an informed expert in foreclosure techniques.
Marcus Rolland writes informative articles and recommends http://tunemarconlinemall.blogspot.com for more information
about Real Estates Investments
Top 5 Property Investment Tips for Cape Verde
In terms of property investment, Cape Verde is largely considered as the Caribbean of Europe. If you missed the boat for Bulgaria in 2007, your opportunity for maximum capital gain now resides in Cape Verde properties. The buying process and government laws in Cape Verde is fairly straight forward in fact more so than other countries to the point that overseas property investment is actually welcome, as Cape Verde seeks accession into the EU.
1. With any part of the process that requires a signature on your part, you will need the services of a sworn translator. Proerties-CapeVerde can certainly help you with that, as the language in Cape Verde is Portuguese being a former colony of Portugal.
2. According to the “Lei de Investimento Externo” a law passed in 1993 by the Cape Verdean government to encourage foreign direct investment, overseas property investors may benefit by taking a 5 years initial tax exemption from any capital gain in addition to the 50% reduction in corporate tax from 30% to 15% for the following 10 years thereafter.
3. As well as a sworn translator, you should appoint a local solicitor to guide you through the purchasing process for your property in cape verde. This is to ensure the land ownership is not under any dispute and that you are fully aware of what is included in the purchase price. As well diputes, the solicitor will also check that there are no restrictions to title to land ownership and charges registered to property. Properties CapeVerde are in pole position to ensure you have the right solicitors at your side.
4. Transaction fees will usually comprise of stamp duty at 3% of the purchase price, land registry at 3% of the purchase price plus solicitor’s fees, which on a typicall property worth £50,000 will around £3,500 which may sound competitive. However, in light of the favourable tax laws the purchasing costs are ultra competitive compared to other emerging property markets.
5. Payment structures for buying off plan properties in Cape Verde are as follows. Deposits on typical properties are around 10%. The initial payment is usually around 25% upon contract less deposit, 25% when the foundations of the building are in place, 20% when the windows are installed, 20% on tile installation and 10% on completion.
Boom in Dubai Property Investment
Until a few years back, buying freehold property in Dubai was not possible for foreign nationals. Property boom in Dubai only ensued after some considerable changes were made to the emirate’s property laws. Currently, Dubai real estate sector is witnessing a rapid upward trend that’s expected to go even higher with the passage of time. Population of Dubai has grown manifold over the past few years given a sharp and growing increase in the number of expatriates. Both veteran and would-be investors across the globe are eying Dubai as the property investment paradise for a long time to come. Property for sale in Dubai has already succeeded in drawing the attention of foreign investors.
Investment in Dubai property, whether it’s buying property in Dubai for permanent relocation or business, or you simply want to cash in on the most popular investment trend in Dubai property i.e. buy-to-let, is very lucrative. The immense development Dubai continues to undergo with massive infrastructure projects reflects the exploding need for space for the country’s multiplying populace. Given these circumstances, the boom in Dubai property market doesn’t seem to slow down at any point in the foreseeable future. These upward trends of Dubai real estate make investment in Dubai property extremely risk-free for foreign nationals and they can choose to invest in Dubai even with their eyes closed.
Nearly all of the buyers of Dubai property find property resale and buy-to-let trend as the most attractive features of property ownership in Dubai. Some recent announcements point towards Dubai’s becoming a tourist hotspot in the near future with more recreation than ever. Newer entertainment and recreation projects are underway which have already drawn a great deal of international attention. The emirate, which is already termed as a playground in the desert, is soon to have more to offer to the world’s recreation seekers. This much international focus means an even stronger property market potential with returns that continue to shoot up.
To the benefit of investors, though not a positive sign for the buyers with no commercial intent, the demand for Dubai property, Dubai apartment, Dubai villas or any other type of property in Dubai by far outstrips the supply. This demand/supply disparity makes Dubai property investment an extremely attractive prospect for the foreign investors. As the experts of Dubai property forecast, the market is lucrative for the investors who already bought property in Dubai. But the market is not so friendly for those seeking rental property right now. If you’re one of those lucky enough people who have already secured property in Dubai, you’re likely to be reaping profits. But if you’re on the lookout for a decent rental accommodation in Dubai, you might have a hard time ahead as the prices are very high and are set to rise higher.
Experts speculate that the population of Dubai will be doubled in 2010. This will turn Dubai into one of the world’s hottest destinations for expatriates and holidaymakers alike and this just bodes so exceptionally well for property investors.
Ups and Downsides of Off-plan Property Investment
For many investors, stock markets around the world have lost some of their appeal; the excess money in people’s coffers has been ploughing into international real estate at a rate never previously experienced. As a direct result of this intense interest in overseas property the demand for real estate in many locations such as Dubai and Spain is outstripping supply by up to 75%, generating a continuous growth on price levels.
As a result, it is increasingly common for investors to enter into off-plan property purchase. There are a number of benefits to off-plan purchases, but also some drawbacks in this method of buying real estate. In this next section we examine them for you to help you determine whether off plan property investment is the right choice for you.
The Benefits of Off-Plan Property Investment
If you buy off-plan when the villa or apartment is at the drawing board stage or initial stage of build, then you have the potential to make considerable input into the internal layout and finish of your chosen property. You can change around internal walls, select paint colours, tiles, carpets, kitchens, bathrooms etc, and custom design your property as though it were a self build without having to pay the extra cost for an architect that would normally be associated with this service.
By buying a property off-plan today you are securing the price of that property at today’s prices. By the time the property is completed it may very well have risen in value, thus making you a significant return on your investment immediately. Furthermore, if you can ‘just’ afford to buy at today’s prices, knowing that if you wait until more completed properties come on sale you may have missed the opportunity and as a result, been priced out of the market.
Developers usually require stage payments from their buyers throughout the build process. This means that you don’t have to make a large one off payment, you can save for each payment, allowing you to budget for each payment and effectively securing a high value asset for a very low initial capital outlay.
Some investors buy property off-plan, never intending to pay for it and certainly never intending to live in it! They take full advantage of the stage payments method of funding the build and never make the final payment which is usually the largest; rather they put the property back onto the market just as it is about to be completed and take out all the profit from the natural increase in value the property has achieved throughout the period it took to build it. Obviously, this is a rather risky approach as the property market does fluctuate downwards as well as upwards and there might not be a buyer waiting in the wings at just the right moment for the vendor.
Some developers use private investors to fund the build of holiday accommodation by offering them guaranteed rental yields on their completed property for a fixed period of time. This is a purely symbiotic relationship in theory as the developer has inward cash flow from the property investors to afford the build and also has a set number of properties he can let out via holiday and tour companies or even privately for a fixed period. The developer then takes any excess rental yield and thereby profits and the investor is guaranteed an income and also owns a property that is hopefully increasing in value over and above what it cost to buy in the first place – therefore, everyone’s happy!
The Downfalls of Off-Plan Property Investment
By buying a property from a developer off-plan you are taking a risk on that developer. What if he encounters financial difficulties during the build and never completes? What if he doesn’t build the properties to a high standard? You can help eliminate these situations by ensuring you see examples of previously completed projects, speaking to other customers who have been through the process with the developer already and asking about their experiences. Get guarantees of the builders financial status written into the contract where possible.
How secure will your investment be? You need to ensure you have a watertight contract drawn up and employ independent legal representation to protect your rights and money throughout the build process. If anything happens to the builder what do you actually own? Can you get your money back? What guarantees do you have? By buying off-plan and paying in installments it is usual that the title deeds are not drawn up in your name until completion, meaning that in theory throughout the build process the builder can re-mortgage the land on which your property will stand and until he repays the lender you cannot take legal ownership of your property.
You have no way of guaranteeing the finished quality of the property you’re buying. You need to ensure that you discuss your expectations with the builder and have them written into your contract. Furthermore, as mentioned, you should inspect previous examples of work. Also make sure you have some legally binding guarantees covering the structure of the building for five or ten years.
If you’re buying into an area where there is a large amount of development going on it will be very difficult to know what the area is going to look like when finished. Your particular developer may finish his properties, roads and shared areas to a high standard, however, what if nearby developers fail to do so, or if nearby developers are actually building aesthetic eyesores for example? You will have no idea who or even what your neighbours are going to be. They could be like minded people or your could end up living next to an industrial unit!
Off-plan property investment has one more down side and that is you will have to wait a long time to move into your dream home. You will be paying out for something for a long time before you actually benefit from it.
In case you need more information or have doubts on any of these issues, the specialised staff in January First Real Estate will be glad to answer all your questions, January First Real Estate, click here.
Investment Property in Dubai
A few years back, many investors would have thought that an orthodox country such as the UAE could be a lucrative real estate investment destination. But with a little foresight and intelligent alliances, the rulers of the UAE have transformed the oil-dependent Middle East country into a major tourist hub with huge investment opportunities being thrown open to the global real estate investors looking to buy property in Dubai.
Dubai is a dream destination as far as temporary or permanent visitors in the country are concerned. The Europeans just love the modern amenities readily available for cheaper prices than their home countries. The guarantee of quality life at highly affordable cost of living makes Dubai a real hot potato for the British real estate investors.
Property Market in UAE – Dubai
Dubai is on the move and some serious developmental projects are under way on a large scale to transform the fortunes of the country. Almost everyday, reputed international companies are exploring the means of setting up their shop in Dubai. This is attributed to some aggressive promotional and developmental strategies adopted by the government.
The Burj Tower, with 188 storeys, is set to be the highest building of the world housing the 7-star Al-Burj Hotel. The Burj Tower is the jewel in the crown as far as high-rise and skyscrapers are concerned. Dubai is planning to host more than 200 buildings to increase its population from present 1.3 million to 4 million by 2015.
The country as a whole has some enchanting sites to visit. From the sand dunes of great deserts to pristine beaches to rugged mountains to lush-green well-maintained parks to ancient villages to places of worship to swanky shopping malls, you name it and you have it in and around Dubai.
The country offers an open port with low import duties. That’s why duty-free shopping in Dubai is on a high-priority list for the locals as well as visitors in the country. It is impossible to find a woman who has not heard about the annual Dubai Jewellery Shopping Festival.
Many European families prefer Dubai as a second-home destination because they can easily find maids and helpers at a fraction of what it costs in Europe and America. Such facilities are common in Dubai due to a large migrant population from Asian countries, like India, Pakistan, and Bangladesh, who are looking for menial jobs with decent pay.
Even though the UAE is a Muslim country, Dubai is an epitome of multi-culturalism in the Sheikhdom. For long, it was dependent on the Petrodollars for perking up its economy. However, the recent interest in developing tourism and tourist-related activities in and around Dubai means the investors are flocking in their droves.
International Golf and Tennis tournaments have lifted the global profile of Dubai and it’s been increasingly seen as a hub of international activities, particularly in the Middle East. You can also indulge in plenty of aquatic adventures, such as scuba diving and snorkelling, on a vast Mediterranean coastline. And while, in Dubai, don’t miss out on exploring the Manhattan of the Middle East, the Abu Dhabi City!
Dubai Calling !
Seeing the growth potential of Dubai, the government has emersed itself in overdrive in attempt to attract high-end as well as low-end global real estate investors. For the high-end investors, there is Palm Island property which currently attracts international celebrities, like David Beckham, don’t be surprised if your sharing your neighbourhood with a top Hollywood or sporting celebrity!
Even if you are planning to buy property for rental purposes, there’s no place better than Dubai. The city is fast turning into a services hub, which generates immense demand for Studio Apartments as well as separate dwelling units for small and medium families.
Some of the other attractive features that’ll surely lure you to invest in Dubai property include -
No Capital Gains Tax
Immense capital appreciation (15% – 25% annually)
Simplified buying process
Freehold for foreign investors
World class entertainment and other facilities
Year-round sunshine
The price of Studio Apartments in Lakeside Development – IMPZ start from £49K, and other properties starting from as low as £23,000. Cheap apartments in Dubai are fast becoming a favourite of the astute property investor.
The Disneyland attraction in Dubai also contributes to a huge demand for Dubai property from just about every kind of investor.
The best part of investing in Dubai as an overseas investor is your status as a property owner. You will be a freehold owner of the Dubai property you purchase. To meaningfully make investment attractive in Dubai, the government has also relaxed several formalities and done away with rigorous procedures. It’s now much easier to invest in a high-end Dubai property with minimum help from a legally qualified professional. However, the language issue may compel you to hire a professional who can guide you accurately in realizing your Dubai real estate dreams.
Buy Investment Property in UK
Taking advantage of a buyer’s market means that investors will be looking to the long term for significant returns on their property price. In November 2007, Hometrack reported an average year-on-year housing price growth of 4.4% and expected the market to slow further over the coming months.
So where are the hot spots for those buying investment property today? The Royal Institute of Chartered Surveyors is forecasting that London, the South East, Scotland and Northern Ireland will see the most significant price increases over the next five years.
Scotland is one of the most affordable places for buying investment property with prices almost one-third less than the national UK average. Scotland is also seeing higher-than-average growth due to economic prosperity from high oil prices.
In the historic, university city of Aberdeen, the estate agent Gavin Bain & Co currently holds a range of properties from £68,500 to £450,000. There are numerous buy-to-let prospects for those buying investment property, including a 2-bedroomed apartment in a modern city-centre development in Candlemakers Lane for sale at £165,000. For the same price, Andersonbain & Co is marketing a well-presented 3-bedroom semi-detached family home in the Sheddocksley area. If you’re looking for something really special then take a look at Honeybank, a traditional 3/4-bedroomed granite cottage in Newmachar. Close to the Swailend golf course the owners of this property are looking for offers over £245,000.
Northern Ireland’s property surge is the result of a period of investment and regeneration. Ireland’s property finder, PropertyNews.com, has over 800 properties to choose from and there’s something for all budgets. Among these are several 5-bedroom character properties in the university area of Belfast on the market for around £350,000 each. Close to amenities they offer great investment potential in a buoyant student rental market.
Throughout the UK, investors wishing to maximise their short-term profit are continuing to follow the trend of buying investment property as a development project. In the current property market, houses that are in need of modernisation are being snapped up quicker than those that are in pristine condition. For a £10 to £20 monthly fee, Renovate Today will keep you up to date with lists of properties in need of renovation in your chosen region. If you want to find an auction agent in your area take at look at the Prime Location website, which lists agents throughout the UK in the Property Investment section.
Another way to maximise profit when buying investment property is by choosing a new property off-plan. Developers will often offer discounts on the market price to those who commit to buying before completion. The Ellesmere Property Group is just one company that specialises in off-plan property. They are currently offering a 17% discount on apartments in the cutting-edge Ingenta development in the Ancoats area of Manchester. The Ancoats region is currently being revitalised with new bars, restaurants and fashionable retail outlets and is attracting much new investment. There are 30 properties within the development with gross prices starting at £181,260.
Award-winning property portal New Homes Direct is a good place to look for anyone buying investment property off plan. Many of their properties are offered with discounts of 10 to 20%. They are currently marketing a large development of 109 apartments in Leeds with units available from £80,000 to £162,500 with an off-plan discount of 18%.
With the UK property market cooling and expected to stabilise next year, now could be the time to take advantage of a buyer’s market. This summary shows you just a taste of what is out there for those interested in buying investment property right now.
Investment Properties in Hudson Valley
Located just over two hours from New York and boasting a natural environment with wide open spaces, and small friendly communities, Hudson Valley is a popular choice for a getaway vacation home. The current buyer’s market has made it possible for more people than ever to purchase an affordable 2nd home.
The price for properties vary, but the rule of thumb is the closer go to New York City, the more expensive the property. In the Hudson Valley, there are considerably more homes available in the $275,000 to $350,000 range. If you’re looking for a larger property or a big home with a view, then you’ll be approaching the $350,000 to $500,000 range. If you’re seeking a country estate or a renovated farmhouse this can be had from $500,000 to $1 million (or higher).
Deals can be found by purchasing a home via the foreclosure listings or the auction route, but be sure to work with an experienced professional who can guide you in this process and ensure you have all the bases covered.
In addition to weekend homes, these properties make ideal vacation rentals. If you live in New York City, the property is located close enough that you can make the occasional quick trip to deal with any maintenance issues that may come up.
Numerous property management companies have sprouted up in the last few years that can assist you in establishing rental rates, screening tenants, marketing, and property maintenance. Many homeowners prefer to employ their own cleaning people, and this can be very effective, but expect to go through a few bad apples before you find the right one. It’s always a good idea to be there during the first cleaning so that you can establish expectations and meet your potential employees in person.
When choosing the area for your vacation home, apart from price, you’ll want to think about the activities you enjoy. If you are a skier, check out Accord, NY set amongst the Catskill Mountains and conveniently located near the Belleayre Ski Center.
If you like being on the water, the town of Esopus is set on the Hudson River, or High falls built along the canal and famous for its antiquing, specialty shops and great restaurants.
Take small trips to many of these towns and see what area is the best fit for you. Decide if your investment will be used exclusively by yourself or if you’ll be renting it out. If so, decide whether you’ll manage the property or employ the services of a property management company. Any good realtor will be able to assist you in this process.
How to Find Commercial Investment Properties
After spending time learning about the different types of commercial investment property and determining whether you prefer a retail, office or industrial property, you will know what type of investment property you want to purchase. It’s time now for the fun part – actually finding your commercial investment property!
There are a number of places you can look when hunting for a commercial property that will meet all of your criteria.
Internet – The internet is worthwhile as a first point of reference because you can quickly and easily source the availability of commercial property you are looking for, within the price range you are willing to pay and the location you have decided upon. You can narrow down your search with little or no time lost.
Commercial Property Agents – You will also come up with a list of commercial property agents that you can contact. Bear in mind that residential property agents may not be familiar with commercial property, so it’s probably preferable to discuss your needs with a commercial agent to ensure you get sound advice. They can also act as your negotiator to help achieve a realistic price on the property you wish to purchase. The agent’s job is to work for the seller, but all agents know full well – no sale, no commission!
Until you become more experienced in commercial property investment, it may also be a good idea to have a go between (such as a commercial agent) act as your negotiator in purchasing the property.
Newspapers – Another place you might want to look is in the newspapers. A commercial property that’s been advertised privately by the owner is usually worth considering.
Property Owners – Approaching a property owner directly is an option if you feel confident in negotiating the purchase of a commercial property. This option is not for everyone. You will need to be familiar with local commercial real estate and its value to make sure you are paying the right price for the property. If you do decide on this approach, it’s prudent to speak with a solicitor and a property valuer.
Property Seminars – Attending property seminars is a way to connect with people who may be able to put you on to a good property deal or who may be able to help you when the time comes to purchase your commercial investment property. These include commercial property solicitors, finance brokers, etc.
When you think you’ve found the right commercial investment property, be sure to do some thorough investigation that includes a detailed look at the lease agreement and checks on the property itself. You should get professional help here.
Happy hunting and may your next commercial property investment add significant value to your wealth-creation strategy.
Investment in Real Estate and Property in Jodhpur
Balaji properties helps you to find the property of your choice in this beautiful city (Jodhpur) of Rajasthan. Spelling the traditional ethnicity of the place, the properties in Jodhpur both residential and commercial properties, are a highly lucrative investment option. Many people have made this city their dream home destination as well. A major tourist’s magnet, Jodhpur enjoys commercial potential that is still not fully explored.
Finding a decent property to buy, sell, or rent can be nuisance. Balaji Properties come to your aid and help you find one. We guide you about all the legal formalities related to any property dealing including:
Property Registration
Property Taxes
Land Laws
Home Loans available
Balaji Properties gives you detailed info on Jodhpur property market. We not just help you in finding the appropriate property in Jodhpur but also aid in completing all the property registration and property taxes related formalities.We provide resources and information related to Real Estate in Jodhpur, property in Jodhpur.
As commission agent, we have a vast portfolio to offer. Buy property. Sell Property. Lease property.
For both office and homes, a large number of quality listings in the preferred areas of Pal road, jodhpur Kheteshwar nagar, vaishali township, anand vihar, roop rajat township, mahaveer vatika, shanti villa, Rameshwar nagar, bajrang vihar and more other prime location of jodhpur.
Have property in Jodhpur for sale or want to purchase? Call us. We have ready buyers& sellers.
For more please visit :
http://www.nowpublic.com/tech-biz/investment-real-estate-and-property-jodhpur
Visit Us: www.palbalajiproperties.com
Mail Us: info@palbalajiproperties.com
Contact Us: +91 941 414 5361
European Investment Property
European Investment Property Is Knocking; Answer The Door!
Many people ask the practical question, “How stable are European investment properties?” The truth is opportunities fluctuate, but there are many opportunities that exist all over Eastern and Western Europe that are worth investigating.
Do you know which German city is referred to as “the sleeping giant?” Berlin! A German opportunity that may be very lucrative is waiting to be tapped.
Is Bulgaria a country with lucrative European investment property? What you should be wary before investing in this country.
Are there more opportunities in Eastern Europe, rather than Western Europe? Some countries are off-limits for valid reasons. Find out what those reasons are, and which countries are hands-on.
Browse through my web site in order to gain some insight as to which countries are possible investment opportunities, and which ones are not. You may be surprised in what you find. Check out my overseas property investment page for a quick overview of where, what and why.
Now, if you are excited about European investment opportunities, there are a few more things that you should know before diving into the pool head first: What is your purpose for investing in property in Europe? Will this be a vacation home? Are you planning to retire there? Will you rent it? These qualifying questions could prevent you from investing in something that is not the right investment for you.
There may be business opportunities that are based on timing. When is the right time? Is it the right time for you? An investment doesn’t necessarily have to be a retirement home or a vacation home, either. There are other options out there to discover for you.
Investing in land does not only consist of laying down currency for a quick return, that there are a few avenues to travel that may be tricky. See my strategies on how to invest at, best-investment-property-tips.com/investment-property-strategy.html. You will understand the purpose behind investing, and be guided on a path to making significant investments with vision.
With the proper guidance, you will understand what it takes, and what you can and cannot do in the European property market, in order to create an opportunity or take advantage of one that already exists.
Buying a Property in Spain as an Investment
Spain is one of the cultural centers of Europe. We have the best selection luxuries Spanish property for sale.
About Spanish property
The target our agents are to bring you a wide selection of Spanish Properties for sale from a variety of Estate agents and private sellers throughout Spain. Whenever you wish to buy Spanish properties for sale you have two options.
1.>To buy Leasehold: Traspaso or leasehold is way to buy a small business in Spain and is widely used. In addition to low amount of initial cost you will have to pay a monthly fixed rent as long as the lease lasts. However, rent will upgraded with the official inflation per year.
2.>To buy a Freehold property: In this system of buying a Spanish property, you will have to sign a new title deed with the public notary, pay VAT on the purchase, register the purchase of the property. It is comparatively expensive and also takes a long time to finish. The major advantage of freehold property is that you will be the owner of the Spanish property.
The main difference between the two options is the initial investment required and the legal ownership of the property.
Spanish Property Estate Agents!
Spanish property for sale will locate your ideal in Spain. If you looking to buy in any region Spain, and then I will recommend you to take care of some important factors such as: identify quality, attractive developments from reliable developers, and avoid taking unnecessary risks with your hard-earned money. In Spain you can get wide range of Spanish property such as country, golf, newly build houses, rural Property, Apartments, Land for Sale in Spain, Coastal Property, Villas, and Properties in the Spanish Ski Resorts.
Be careful!
If some estate agents is trying to put pressure on you to buy Spanish property for sale. Don’t ever be pressurized by anyone. If you suspicious and don’t feel comfortable with a viewing for any reason – politely say no and exit. It’s your time, money and your dreams that are most important.
SO, how do you find a good estate agent?
To select a good agent is to ask some concrete question to buy a Spanish property. Or the second to find a good agent is to rely on registered API members (Spanish Estate Agents association).
What questions you should ask when searching for a Spanish property for sale:
How long have they been in this business?
How many number of clients have they deal with?
What services do they offer to their clients both during and after the sale?
What overall commissions do they charge during the property sale?
Do they speak good Spanish language?
Do they able to translate all documents into English?
Can you speak to some previous clients?