Traditionally, commercial property investment has been the area of interest for real estate property professionals and establishments such as insurance companies, pension funds and big agencies. Since the financial world is getting volatile these days, individuals from every background have started to look for investment opportunities in the commercial property market. In addition to this, the disappointing stock market situation, pension fund issues and financial scandals have made people to opt for commercial property investment and yield a relatively high income.
Investment on commercial property has become the second most popular option after residential property investment for people. Those who are successfully investing in residential properties like flats and houses have started to realize the profit potential of commercial properties. The commercial property such as offices, shops and workspaces has become a source for investors to earn high income and substantial returns. In fact, commercial properties are providing a better investment option than the government securities and equities.
What is commercial property?
When a property is given on lease or rent to a business, it is called commercial property. All the properties including industrial sheds, storage facilities, factory premises, office space, theme parks and theaters come under this category. All these real estate properties are exclusively used for making income.
How commercial property investment helps?
Investors feel confused about whether to invest in commercial real estate property or residential property. Investment in commercial property will give them a lot of advantages over residential property investment. They can be summarized as follows:
Secure and Durable Cashflow – Commercial real estate property normally involves lease contracts for 10 years or more. Again, these property leaseholders are less likely to make any irregularity in payments and even if they get bankrupt, the financer may give the payment for rent in order to prevent the lease from getting cancelled.
Repair and Maintenance:-Commercial property occupants are responsible for the repair and maintenance of the property in contrast to residential leasing, where the responsibility lies on the landlord.
High income yield – Commercial property investment allows investors to generate a high income throughout the lease period. The residential property investors depend on the market value of the house in order to get a good return. This strategy works best when property prices are at peak but fails miserably during a plunge in property value. However, investment in commercial property is found to be performing well during the rise and fall period of property price. It has exceeded the equities and government securities in ensuring growth and stability.
Things to consider before investing in commercial properties
Any person looking for investment opportunities in commercial real estate property should first find out whether he/she can acquire the property without getting any financial aid from a bank or any other financial institution. If he/she can manage to do that without seeking any loan then the individual can go ahead with the property investment plan.
When there is insufficient fund, then the individual should explore different financing options that would help him/her to acquire the commercial real estate property and choose the least expensive one from them.
Those desirous of commercial property investment must verify the land use of the commercial real estate property that he/she plans to purchase. In addition to this, the buyer should also consider whether there is any possibility for a steady increment in rental payments in future. Sometimes, older commercial buildings are declared unsafe or recommended for demolition. The property investor must therefore do the necessary inquiry about the property before acquiring it. It includes confirmation of tax payment till the date and much more.
October 17th, 2010
posted in Property Investment
Trying to find a good and ‘up to date’ property investing book can be quite a challenge. There is nothing worse than reading a property investing book that refers to property prices that are half what the current day values are. In my experience I have found that sometimes a good general investment book can be of just as much use as a specialist property investment book. Most real estate investors are actively investing in other areas so having a book that discusses real estate investing in relation to the stock market etc. can be very beneficial.What to look for in a property investing book?
The best property investing books should be written in an easy to follow – step by step fashion. It is no good if the reader finishes the book but still doesn’t feel like they have the confidence to start building their property portfolio. At times the facts and figures involved with property can become quite tiresome so it is also vital that the writer can deliver the information in a fun and entertaining way. Let’s have a closer look at three of the all time great property investing books.
More Wealth from Residential Property – Jan Somers
A fantastic property investing book that covers all aspects of how to purchase residential property. It literally covers every stage and detail that you need to know when buying your first (or 10th) investment property. Jan Somers writes in an honest and fun way and she doesn’t forget that most of the people reading her book probably haven’t ever bought an investment property before. There is a chapter that talks about renting vs. buying the house you live in and Jan mentions the fact that living in your own house can have great mental advantages that don’t come into consideration when you only look at the figures. This is a refreshing view point from a property investing professional as I often find that the writers of these property investing books can loose touch with reality but definitely not Jan Somers.
What I Didn’t Learn at School but Wish I Had – Jamie McIntyre
This book is a more general investing book but it covers some great real estate strategies. The first half of Jamie McIntyre’s book concentrates on the mental aspects of becoming a successful investor. He calls it developing the mindset of a millionaire. It is easy to want to skip over this section of the book but I promise you that if you haven’t developed your mental investing muscles then no matter how many great strategies you have you will find it hard to succeed. Whilst Jan Somers book goes into the real ‘nuts and bolts’ of Real estate investing this book covers some more elaborate and interesting strategies.
Go For Your Life – Chris Grey
This is a very underestimated book that didn’t receive anywhere near as many accolades as it deserved. It is basically a combination of the above two property investing books. It shows how Chris slowly bought the 6 investment properties that he currently owns.
You might be saying “6 properties – that’s not enough to write a book!” But this is the exact reason why it is such a great book. He explains how you don’t need to own 100 houses to be a successful real estate investor and enjoy the luxuries of life. By owning a handful of properties he has been able to obtain his dream lifestyle. So there you have it 3 great property investing books that you should definitely read before or after you start building your property empire.
All of them are filled with great property investing tips and secrets that will help you achieve your goals. The only thing missing from these books and form every property investing book ever written is the magic ingredient that makes you actually put the strategies into action. You will need to find that yourself! You can read as many books as you like but if you don’t ever take some action then you won’t ever achieve the success that you would like.
So what are you waiting for? Start taking action today by reading one of these books and then when you are armed with the required knowledge take the next step and start your investing career.
April 11th, 2010
posted in Property Investment
UK’s top moneymakers reduce their winning investment policies to their most fundamental points, divulging what they believe is the most important property investment advice they can give. There are circumstances when the owner may not permit you to assume the loan or the seller already owns the property. In such situations, the owner can use a trust deed, permitting you to make a lower down payment and setting more flexible terms. If the condition allows you to abide by this bit of property investment advice, you can benefit from a lower transaction costs and you have the chance to for lower interest costs as well.
Some of the other complications with these events include failure to disclose commissions, the promoter having relationships with the actual properties being sold or proposed and as a result misrepresenting the investment.
Here are some property investment advices to take care of to ensure an intelligent purchase: – Look into the demographics. This is the key to learning what your clients need. For example, the rising aging population and high divorce rate of the UK means more demand for city center flats or smaller-sized homes for an individual person. Usually, young investors want a fashionable and urbane home while families concern with safety and accessibility to school and transport as priority. – Stick to what you know. Suppose having your property investment buying in an area that you know well. Research entirely and consider the local economy. Above all, assure that you are buying a property located in a bustling or up-and-coming part of town.
This property investment advice is helpful only for those individual who have some extra funds they could use to purchase a new loan in case the original one is called. Believe there are probability for anyone out there, whether you are a first time buyer, and not sure where to buy, someone seeking for a hands free property investment with assured returns, someone seeking to top up their pension, or someone who is willing to give 10 hours a week or so and be in a position to sack the boss in 3-4 years time!! However for anyone to succeed at property investment, they must have some good knowledge from property investment advice- a clear strategy, concern about property tax, mortgages for investment properties and mainly understanding what a good property investment deal is and the core of leverage.
So, first start exploring online, then you came across some excellent resources and invaluable information – however there are also some who are more interested in charging you a fee than getting you a good deal.
April 10th, 2010
posted in Property Investment
Property investment is one of the securest, and most recession proof methods of investing. However, many personal investors limit their portfolio by looking close to home.
Many investors have made millions. British investors started investing in Spain in the late 1990s. Now, many of those properties, purchased for less than $50 000 are now worth more than 1m.
At first glance, many new real estate investors are attracted to hot spots. Unfortunately, many areas, like the Black Sea coast are over developed, or where construction is a full time nuisance.
Spain is another long time hotspot. However, things cooled last summer when more than 100 new homes were sold to retired foreign residents for more than $200 000 each. Within months the government demanded they be demolished because they were built on rural land, not zoned for residential development.
Bulgaria is another ‘worn out’ hotspot. Property investors need to be willing to hunt down good deals. It was the ‘hot spot’ for property investors until it lost its appeal due to over construction.
The price quality ratio is out of balance in Bulgaria, especially in places like Sofia. A savvy investor can still find a good deal in a prime location, but the imploding population is causing concerns. Investors are worried that no one will rent the 3-4 bedroom “luxe” apartments in a country where the social trend is leaning toward childless couples. There is a risk that the supply will soon exceed the demand.
Investor analysts still suggest that a good location will generate more profit when rented to American tourists. The devaluation of the US dollar makes unusual tourist areas more attractive. US travel agencies now report a steady interest in both Bulgaria and Romania. They cite diversity of entertainment, and low cost air fair to many Baltic states by German and US airlines.
This means that investors who are looking for long term profits may find that a bed and breakfast, or renting to tourists, will earn a profit in the interim, while protecting their equity.
Arlette Adler from the Federation of Overseas Property Developers, Agents and Consultants (FOPDAC), claims that Bulgaria’s property market has reached saturation levels. This means that there are still some deals for first time buyers hoping to invest abroad, but little for the serious investor.
“The more serious buyer is looking at [other eastern European] countries and considering them,” said Adler.
“The thing that is bothering many of us [about Bulgaria] is that they are building all over the place,” she added.
Specialist house TRI Investments warned property investors to avoid European holiday destinations such as Bulgaria, France and Italy.
FOPDAC also announced that the emerging markets in Croatia, Montenegro and the Czech Republic may offer fast profits for daring investors.
South Africa remains a hotspot for investors who are willing to put some effort into building their portfolios. However, no one has to step in blind. Experts are suggesting that investing is moving beyond South Africa. Growth in other areas of Africa is precarious, but promising. The risks are higher, as is the potential for profit.
Investors who want to minimize risk are following the lead of the large property management companies in South Africa, taking advantage of their ‘inside’ knowledge of the continent and its growth trends.
April 9th, 2010
posted in Property Investment
The Cyprus real estate market represents quite outstanding potential for foreign purchasers; these purchasers may wish to invest their money and time in an apartment, villa or other real estate in Cyprus after seeing a wide range of real estate possibilities. The real estate market of this country is particularly strong and Cyprus is a desirable investment location for plenty of reasons. There are some main characteristics that transform this market into a well defined one that can be very appealing to foreign investors. One of the main reasons is that the market grows on a constant basis; actually, the Cypriot market is one of the fastest growing environments when it comes to the development of real estate businesses. The annual average may reach almost 20% and almost every property price is still lower compared to other European countries.
Another aspect that may be very convincing for foreign investors is the sharp increase that has characterized the golf properties that are available on the current market; the tax rate is lower, thus transforming the entire country into a genuine attraction for almost every investor who is interested in buying an apartment, villa or other real estate in this country. One should not forget about the weather either because every resident of this country can enjoy 340 days of real sunshine a year. Cyprus is an enjoyable location and this country is quite comfortable too regardless of your country of origin. You can expect high standards when it comes to living in a country with good facilities that can even include top class golf courses.
You can live in this country at a low cost and your life will be improved by quality features; therefore, you may choose to make a Cyprus property investment because this investment will prove to be a highly beneficial one. This country even has a low crime rate and its friendly inhabitants are likely to transform the country into quite a desirable place to live or visit. The medical facilities are excellent and if you are planning to develop your own career, you ought to be aware that there are plenty of business opportunities in this country. These business advantages may actually transform the country into a more desirable destination or residence. Every investor will discover a ready market that will provide him with all the necessary opportunities; well administered procedures are likely to secure your future investment when purchasing an apartment, villa or other real estate. Buying property is this country is actually a safe decision for the future.
If you are looking for genuine reasons for making a Cyprus property investment, you may consider the following points because they are likely to be helpful when it comes to understanding the current real estate market that can be found in this country. First, investors will discover that prices are generally lower than other European prices; even the living costs are relatively lower when compared to other countries and the quality of life itself is thus improved. The good facilities are worth mentioning too because the national economy is mainly characterized by stability and robustness. All these features are underlined by the constant and favorable evaluations that are coming from almost every European institution. Even the International Monetary Fund underlines the economic and financial stability of this country.
Cyprus boasts an efficient land registry and this system comes along with well administered and straightforward procedures that are designed to encourage every potential foreign investor. Property purchase has thus been transformed into a safe option that any person may consider for his/her future life experience. Even the legal system encourages all potential investments that are related to the real estate market; investors will also take advantage of some fiscal incentives and they can also enjoy a lower level of taxation.
Special tax incentives are offered by the Cypriot government in order to encourage the real estate field; the country also has one of the fastest growing economies and this aspect may be very appealing to every real estate investor. The strategic location of the country together with the unrestricted access makes this land the perfect location for your future real estate businesses.
April 8th, 2010
posted in Property Investment
While rampant speculation may grab headlines in national property markets, improving regulation and increasing transparency are making them more attractive to investors from around the world, a new research study shows. The global Middle East and North Africa (MENA) report from Jones Lang Lasalle, the property investment and advisory firm, found that Dubai was the most transparent market in the region. The emirate has seen a 12-fold increase in transactions since 2002, which is when the emirate opened up the property market for foreigners and began improving its legal structure.
The total value of the transactions at the end of last year reached Dh460 billion (US$125.34bn), up from Dh39bn at the end of 2002, according to Dubai Land Department data quoted in the report. Jones Lang Lasalle estimated that Dubai could see more than 70,000 property transactions by the end of this year, valued at about Dh700bn. The study covers 82 global markets classified into five tiers, with the top tier the “most transparent” and the fifth the most “opaque”. Dubai rose to tier three this year – an area defined as semi-transparent – with Jones Lang Lasalle predicting the emirate will upgrade to a fully transparent tier two market by the end of 2010. “If you superimpose the improvements in regulation on the sales figures, you will see why Dubai has seen a 12-fold increase,” said Blair Hagkull, the managing director for MENA at Jones Lang Lasalle.
Abu Dhabi followed closely behind and is rated the third most transparent market in the region after Saudi Arabia , sharing tier three with Dubai . “ Abu Dhabi is three to four years behind Dubai ‘s real estate boom and what they have achieved in terms of transparency is remarkable,” Mr Hagkull said. Attributing the rising level of transparency in Abu Dhabi to the establishment of a Land Regulation Department in 2005 and the emirate’s vision 2030, Mr Hagkull said there was still “a lot to be done in Abu Dhabi” due mainly to foreign ownership limitations.
April 7th, 2010
posted in Property Investment
Not only was ‘feel good’ film Mamma Mia a box office huge success, but it has also contributed to an increase in the tourism industry in Greece.
After the crowds had seen the movie- which was released last summer- a lot of people became interested in buying property in Greece. According to The Move Channel the number of potential buyers has skyrocketed by 120 per cent following the release of the movie !
The movie was shot in a beautiful and virtually unknown island- Greek island of Skopelos where there is not even an airport !
Since the release of the movie more and more internet users have been looking for property investment opportunities in Greece. There has also been a dramatic increase in the number tourists who are looking for a low cost holiday destination, where the sun is often shining and the temperature is warm.
Greece takes advantage of a pleasant climate and a very low cost of living- two very important factors which is attracting many tourists and potential buyers.
The potential buyers can get a very profitable property investment because property prices are relatively low-cost. In addition dynamic tourist industry means that, you can rent out your property during the long season- from April to October- and get a high return of your investment.
According to Paul Simmons, Easyjet UK General Manager, the low cost of living and the affordable property prices will encourage you to invest in Greece, even if the world economy is in a recession.
April 6th, 2010
posted in Property Investment
Buying real estate overseas is a rather difficult thing accompanied by many organizational details. If you have not purchased any real estate overseas so far, you should know that there are some specific tips you can use in order to not get in the hands of swindlers and in order to make your overseas property investment safe and easy to handle. You can of course apply for the help of local realtors and real estate agents. There you will find the most up to date information and the most profitable offers. Try to escape the offers, which can lead to a perilous investment and negative consequences for your business.
First, you have to invest in real estate only if you want to and to purchase what you want to purchase. Question yourself, why do I want to buy that property? This decision is one of the most important because it is crucial to how much you expect to get from your investment. Do you invest in order to have short term capital gain? Or you invest only to obtain a long term stabile returns? Do you buy the property in order to use it for your own personal purposes such as holiday home or a place for living with your family? What ever might be the answer to this questions, you should manage your funds very carefully and to make the money work for you and for your future. The cost of overseas property investment can vary, from less expensive to extremely expensive. Plus, taking into account some more facts you will make the right choice.
Avoid the hard sell. Do not get trapped by the offers of real estate agents. There are many dedicated overseas property investment exhibitions which display usually the best and the most expensive properties. You should stay constantly focused if you have your original idea. If you want to increase your capital appreciation you better make a purchase in an up-and-coming area. If you made up your mind for overseas property investment, you should take into account where to buy it. For example, such countries like France, Italy and Spain offer many fashionable estates, but of course, the prices are higher than in other parts of the world or even Europe. So you should take into account that the prices for the real estate in that part might not climb rather high, so you might be disappointed by the returns you get. Purchasing in a less-fashionable area of Spain, France, or Italy or in the up-and-coming real estate markets of Croatia, Turkey, Bulgaria and some other countries, where prices are rather low, but the chances these prices to increase are very high, and if the real estate in that region will increase it will increase with a very good rate. Do not hunt hotspots, or fashionable areas, because you could be disappointed by the final returns.
April 5th, 2010
posted in Property Investment
Investing in property in Dubai is the smart and obvious choice, especially following on from the passing of Law Number 7 that allows for the ‘foreign freehold ownership of property’ in certain designated areas in Dubai.
However, there still remains an underlying factor which may seriously reduce the allure of Dubai: the rate at which inflation continues to grow and the cost of living ever on the increase.
An example of this inconsistency in inflation rates and sheer immense expense of cost of living in Dubai is apparent when one takes a look a the cost of privately educating a child – in the UK it’ll set you back upwards of GBP 46,000 annually but in Dubai you can almost double that figure which inadvertently makes it even more expensive to live in Dubai than in London! A fact which quite honestly baffles the mind.
When looked at in a positive light, inflation can be regarded as a sign that the economy in Dubai is strong enough and healthy enough to cope with price increases which may directly affect the property market, leaving many experts with the assumption that Dubai’s property sector will indeed be able to withstand a further boom in price increases.
The negative spin on inflation however, is that by reducing the amount of disposable income inhabitants of Dubai have monthly, proportionately, this affects the amount people can and will be able to afford to pay for accommodation and eroding the tax free living attraction of the emirate altogether.
With so much uncertainty and acute division of view in Dubai’s real estate sector, there is a definite clouding surrounding the property investment market in Dubai.
The question remains, is Dubai’s real estate market on the brink of a notable rise in fortunes or is Dubai precariously on the threshold of a monumental collapse?
On the one spectrum is the viewpoint that the passing of Law Number 7 by His Highness Sheikh Mohammad Bin Rashid Al Maktoum will result in an upsurge in Dubai’s property market profit margins.
On closer inspection of the desirability of Dubai’s property market, one can easily determine whether or not Dubai’s intrigue to international investors has faded, or not.
Dubai remains a tax free country, in which there is an overabundance of employment opportunities available to qualified international professionals.
Due to the fact that so many varying employment opportunities abound, salary packages and incentives on offer are usually very impressive, such that an expatriate can reside in Dubai and legitimately avoid having to pay the local government any personal taxes. This factor contributes to many internationals relocating to Dubai, as it remains a desirable place to live. Accordingly, this fact alone means that there is a constant demand for property in Dubai to buy and rent.
According to developers situated in Dubai, “There remains intense demand for completed property in Dubai which is why rental rate increases have been capped by the government. Previously the only way those moving to Dubai could find immediate housing solutions was to rent, and those investors with completed investment properties available for letting were increasing rents to astronomical heights which resulted in the government’s intervention.”
Dubai need to now develop and maintain a vigorous resale market, as those individuals that relocate to live and work in Dubai should have the ability to purchase property, or at least have the choice between renting and buying a completed home, which if implemented effectively should remove the need to cap rental rate increases thus bringing in more economic flow to the real estate market in Dubai.
As a direct result of the fact that many investors who bought off plan properties in Dubai are expected to take up residence in their completed units upon completion, there will be less demand for either rental accommodation or even resale property.
Could this then be the fuel behind the recent upsurge of developers now offering incredible incentives to those who agree to purchase unsold off plan properties?
There have been reports of some developers offering potential purchasers luxury cars and other incentives if they commit to purchasing new waves of off plan properties that can have up to a 3 year build period…is this because they are finding it hard to shift their stock, or is this because the desire to own property in Dubai has only increased in insurmountable proportions. Seems like only time will tell, but one thing is for sure: International interest Dubai has certainly NOT diminished.
April 4th, 2010
posted in Property Investment
If you are considering your first attempt at property investment and unfamiliar with the options open to you as to which type of mortgage to choose for your buy to let property, there are specific mortgages for property investment – i.e. to rent out rather than live in – you will need a buy-to-let mortgage.
Buy to Let mortgages are unique and quite different from the usual residential mortgages as, instead of assessing the amount you can borrow from a lender, based on your total income, the loan is calculated on the rent you could get for the property.
Previously, mortgage lenders wanted a rental coverage that was over that of the mortgage amount, for example one hundred and fifteen per cent of the monthly repayments. But at present the rules have become less stringent and you can acquire a mortgage with rental coverage of 100 per cent in some cases. The credit crunch currently being experienced by the western world does seem to work in favour of the property investor compared to the standard residential mortgage.
With this in mind, it is still commonplace to have to raise a deposit of ten per cent or more, but more recently the number of No Money Down deals have appeared on the market. Traditionally only a small number of specialist lenders offered buy to let mortgages but more recently we have seen high street banks start to lend to landlords.
Buy To Let mortgages can normally be either repayment or interest-only loans. Interest-only mortgages mean cheaper monthly payments but the property will not be yours at the end of the term, you will still need to repay the capital amount or sell the property. Repayment mortgages ensure that you repay a bit of the capital and a bit of the interest each month and at the end of the term the debt is fully paid off.
A majority of inexperienced property investors buy a property and consider the increase in equity as the goal. This is a long term investment. What some amateurs do not realise is that a monthly profit can be achieved if the right kind of property is purchased. The worst kind of property to start with in the buy to let arena is a flat or appartment where the cost of ground rent and maintenance has to be taken into consideration. This is often overlooked.
Anyone looking to become involved with the property investment market has a steep learning curve to endure. Property investment training is necessary and should be overlooked as a little knowledge can be a dangerous thing
April 3rd, 2010
posted in Property Investment
Benefits and Cons on Bulgarian Property Investment
With residential property in the UK having reached a peak for the current future, investors have been desperately looking around for alternative locations with investment potential, and Bulgaria is tops on everyone’s list. Many investors have already noticed that Bulgaria offers very good value for any money that is spent and it also has letting potential as a holiday destination.
The best investment opportunities in Bulgaria right now include the ski resort of Bansko and the Black Sea resorts of Varna and Bourgas. The capital Sofia is developing rapidly as a commercial Mecca as well, signalling that capital appreciation and rental yields should be very strong in the foreseeable future. Bulgaria saw property price increases of 35% in 2004 however the average yields on rental properties are still 8% to 12% thanks to the fact that most investors are buying in the Black Sea coastal resorts and 15% in ski areas. Some of them are investing in new developments instead.
For example, studio apartments in the Black Sea resort of Sunny Beach can cost the investor as little as £16,850. There are good opportunities out there for both city-centre buy-to-let properties and vacation homes that are also offering letting potential. Let it be known though, that despite promising returns, investors have to be wise to the risks that are potentially involved in buying in an emerging economy like this one.
Low prices attract the buyers who are looking for a quick-fix solution to pension problems, but as many agents as you can find will admit there is no guaranteed resale market in Bulgaria (or anywhere else for that matter) and little existing benchmark for measuring price increases other than more and more investors paying higher prices on a monthly basis. That is why long-term investment is recommended over instant returns.
There is, however a genuine demand for quality rental properties but written contracts with holiday companies are absolutely needed as a means of ensuring the buyer a guaranteed yield. Travel agents and tour agents who are no longer enjoying big mark-ups in Spain are looking for higher profit margins in Bulgaria and this does cause problems in the long-term future. High street travel agents and tour operators do have an amazing number of sun and ski holidays available in Bulgaria today and they are selling well, which goes well for future returns for quality locations and developments.
If you are really wondering what the benefits are to investing in Bulgarian Property; it is definitely the cost. The cons of course is that nothing in property investment is completely fail safe and therefore you need a regent in Bulgaria to act on your behalf and help you find a piece of property that will do exactly what you need it to.
April 2nd, 2010
posted in Property Investment
If you want to invest in property then there are several methods of cheap property investment that are low risk and can offer high rewards and here we will look at one of these methods. Let’s look at this proven method of cheap property investment in more detail
A Paradise and a Profit
Rather than buy property in North America or Europe where property is expensive and gains un certain, its time to look at booming emerging countries with a track record.
Here we are going to look at one that offers a track record of fantastic returns, low risk, cheap property and a secure investment market and its just a two hour direct flight from the USA:
The country is Costa Rica.
Consider this:
A house bought just 15 years ago near the popular resort of Jaco for $30,000 is worth in excess of $750,000 today and this has been achieved with little downside risk. Not only could you have made great capital gains, you could have made a valuable rental income, or had a holiday home to enjoy as well.
In excess of 100,000 foreign investors have bought property in Costa Rica and buying remains strong and will continue to do so.
Why?
Because, it offers beach front property at affordable prices – at up to 70% less than in Texas or Florida.
This demand looks likely to remain strong as baby boomers continue to look for holiday homes and retirement properties.
Other advantages.
Costa Rica is a safe, stable democracy, that offers the same buying rights to overseas investors as residents. Furthermore, the buying process is easy, tax efficient and property taxes are low.
As a country it’s beautiful with pristine beaches, rainforest, volcanoes and all the shopping and comforts of home and an affordable standard of living – you can live well on $2,500 a month.
Costa Rica therefore offers an affordable slice of paradise.
Of course there are other destinations to look at but many are merging and don’t have the track record of gains Costa Rica does. As a general rule, property booms last for decades or longer and money attracts money as confidence in an investment grows and the expat population expands.
The Risk to Return is Great!
If you are looking at cheap property investment, you want a market that is growing, will continue to grow, that’s safe and stable and Costa Rica ticks all the boxes.
Discover property investment in Costa Rica and you can enjoy long term capital growth, low risk great rental income and a holiday home in paradise.
Look at the potential of Costa Rica and you may be glad you did.
April 1st, 2010
posted in Property Investment
An investment property loan enables an individual to begin speculating in real estate. This type of mortgage can be used for many different investing methods, including buying residential investment property; however, it cannot be used for business purposes.
The significant factors involved in determining, whether a borrower is eligible for an investment mortgage, are income, income to debt ratio, and credit score. The interest rate can vary depending on the credit score of the borrower, the lender and the real estate involved. The better the credit score, the more likely the interest rate would be lower, which would make the venture more profitable.
Furthermore, the borrower should conduct a significant amount of research, in terms of online advertisements and speaking to brokers. Securing the appropriate loan is as important as finding the best investment real estate since there are a plethora of offers available.
How is a loan useful?
Residential investment is defined as the real estate not inhabited by the owner but purchased to generate income, in terms of rent or capital gain.
Again, determining the most profitable real estate requires thorough research, which should include information regarding the future and the present condition of the neighborhood and the location.
Some points to consider are whether there has been an increase in the opening of businesses and whether the value is comparable to that of real estate in similar neighborhoods. The buyer should also review the amount of expenses involved in maintenance in contrast to the income that is generated.
After determining the appropriate real estate for the buyer, starting funds of at least 10% of the value is usually necessary to begin the process.
Therefore, a property loan is very useful to the buyer. There are also loans that could finance 100% of the project.
Residential investment property tends to be more lucrative than commercial due to both rent and capital gains. Furthermore, refinancing the mortgage is possible by either increasing the term of your loan or lowering the interest rate on the loan, can be used to further increase the cash flow from your venture.
This type of cash-out refinance can be used for further improvements or to continue investing in other properties. Tax brackets can also aid in retaining more profit.
In all, the return of a residential investment property is determined not only by the type of property, but the type of financing used is also important. Thorough research before purchase may be aided by property investment software.
March 31st, 2010
posted in Property Investment
Over 90% of the richest people in the World have become wealthy through investing in property. As well as this, a large portion of the people that didn’t become wealthy through property, now use property as their preferred investment vehicle to either create more wealth or to protect the wealth they already have.
This article will teach you 5 steps to property investing success. After reading it you should have a better understanding of what it takes to become wealthy through property and what sort of sacrifices you will have to make to get there.
1. Make better use of your time. What do you currently spend most of your time doing? Most people spend the majority of their time indulging in two activities. They are either at work or they are sleeping. In fact, including the commute to work, many people spend about 18 hours of every working day doing these activities. However, what they do with the other 6 hours and what they do with their days off (assuming they have that luxury) is what holds the key to their property investing success.
You might do vital things like get time with your family, but what about things like watching T.V. or playing video games, or even going down the pub. If you sat down with a pen and paper and wrote down how much time you spend on these, none essential activities, you might be surprised at how much time you are wasting that could be spent doing other things, such as learning about money making or actively investing in property. Including the weekends, many people spend about 18 hours a week, watching T.V. If you could cut this down to about 5 hours a week, it could have a massive impact on your life.
Successful people generally don’t spend every afternoon, sat glued to watching Eastenders. Do you really think that this is how Richard Branson or Philip Green spends their time?
Cut down, or cut out totally, anything that you currently spend your time on that has know real benefit to your future happiness, wealth and prosperity. Once you have decided what you want out of life, then focus your energy into activites that will help you achieve your goals.
2. Make your money work for you. If you are used to getting paid an hourly or a daily rate, then the chances are you are probably not very wealthy. It’s a fact that the richest people in the World do not get paid by the hour. They master how to get their money to work for them so that even while they are sleeping they are accumulating wealth. This maybe the single most important thing you should learn to you help get you out of the rat race.
3. Set goals. Setting goals is crucial to your success. You need to set clear goals otherwise you will lack focus and purpose in your plans. There is a small chance you might be successful, but if you set goals you are much more likely to be even more successful. You need to plan where you want to go and what you want to do. On top of this you need to understand why you want to achieve what you want to achieve.
4. Strategy. Setting you goals will set out what you want to achieve, but planning your strategy will tell you exactly, HOW you are going to achieve it. Goals are useless without a strategy of how to achieve them. When you are writing down your strategy you need to think of everything that might crop up and put a spanner in the Works, then you need to plan how you will overcome it.
5. Mix with the right people. This can be online through property forums or in person at property networking events or any other way you can think of. It is vital to your investing success that you mix with people that have similar goals to you and/or that have already achieved what you want to achieve. You might find that most of your friends tell you that there is no longer money in property and to give it up. The only way you are going to be able to continue to believe in the face of negativity from those who care for you is if you have proof around you of those that have succeeded and continue to do so.
It still is, and perhaps always will be, possible to achieve property investing success. This success is available to anyone who is prepared to follow the steps and make the sacrifices today that will insure their future tomorrow.
March 30th, 2010
posted in Property Investment
A recent study has revealed that six out of the top 10 most popular property investment destinations are located within Europe. It seems as though the likes of Spain, France, Cyprus and Italy are still firm favourites amongst investors when it comes to deciding where to spend their hard earned money.
The study also noticed that there has been an increase in the number of people under 40 who are getting into property investment. Traditionally the market has been dominated by retirees who want a holiday home or to move abroad after giving up work. Although they will always make up a large segment of the market, it is now no longer unusual for someone under the age of 40 to own property abroad.
The reason for the increase in the number of younger investors is because people are wising up to the benefits of property investment as they realise this is a great way of securing their future. The top five destinations are all well – known cities where people are pretty much guaranteed a return on their investment.
Buying property in up and coming holiday hot spots is a sure fire way to make a large amount of profit when it comes to property investment. Chances are that house prices are currently still reasonably priced in the area but once more and more people buy homes and holiday there, house prices are going to shoot up. This means that those who were lucky enough to get in there before the prices increased are going to make a significant amount of money out of their investment.
It is not hard to see why Europe is such a popular destination for those looking into property investment. The most popular choices such as Cyprus, Italy and Spain all enjoy warm climates throughout the year, are significantly cheaper than the UK and offer plenty to do in the form of entertainment. This is further fuelled by the fact that flights within Europe seem to be getting cheaper and cheaper as more budget airlines fight to compete with each other. This means that anyone with property abroad doesn’t have to spend an absolute fortune in air travel going back and forth.
Property investment can also make a great second income for those who don’t choose to live in the apartment, house or villa. Renting the property out is the perfect way of getting your foot on the property ladder in a foreign country. The money made from doing this may even pay off the costs of the entire property which means when it comes to selling it on the money you get for it will be entirely profit.
March 29th, 2010
posted in Property Investment
Real estate is a gamble. Yes, there’s plenty of money to be made in it, even with the current downward financial trends, but a property investment opportunity isn’t an automatic way to get a good return on your money. There are plenty of websites that will show you “how easy it is” and offer you a number of “get rich quick” opportunities into which to sink your capital, but think about it, if it were that easy, wouldn’t there be more people doing it? Wouldn’t there be less middle people trying to hook up investors with deals? Of course there would, and that’s why I’m here to get you to stop making an irrational decision to jump on the first property investment opportunity that comes your way! Before you even start thinking about putting your capital into a real estate project, you must have a well thought out strategy about what you hope to get out of the deal. For example do you want to buy to flip, resell as fast as you can for a higher price? Or are you more inclined to put your money into property you can let for an additional income? Speak to experienced property investors and learn from what their experience. Read everything you can about the current property market, and keep your knowledge base up-to-date. Hire professionals who know what you don’t. Even learning all there is to know about the current state of the property market around the world, you will find that paying for a professional property legal expert will ensure that you don’t lose out in terms of property tax issues. They will also ensure that you have all the relevant paperwork completed for both buying and selling when you are involved with a property investment opportunity. Your regular solicitor may well know something on property law, but I advise you to get someone who specializes in property law to handle your investment transactions as they will be much more familiar with the industry and any scams that are making the rounds. Try to find someone who is recommended by at least two other real estate investors, or ask for letters of recommendation from anyone you think might be suitable. Watch out for property auctions. These are a great way of getting a good bargain, and can give you a good return on your money, but only if you know what you’re doing. The problem with auctions is more likely to be you, than the property! The property ought to be as listed, but you first of all need to do your homework and assess how much the property is worth and how high a ROI you can expect from it. However, in the electrified atmosphere of an auction room, it’s easy to increase any carefully calculated bid maximum that you’ve set yourself. If you’re going to find a property investment opportunity via the auction route, remove the possibility of lowering your return by getting someone else to attend the auction and bid on your behalf! There are many other things you can to maximize your profit margins on any property investment opportunity, but following these 3 simple tips above will get you started on the road to what should be a good return on your capital.
March 28th, 2010
posted in Property Investment
Property investment consists of f five distinct strategies. You can use any one of these or a combination of more than one. These strategies are explained briefly below.
Although any type of real estate or property would be good investment, apartments are probably the best bet. The simple logic behind this is the fact that an apartment, apart from being a good and regular source of income for you, can also be turned into your own abode. If you are looking for an apartment in Wollongong, you don’t need to look far; Invest Construct Pty Ltd is here for you. Based in the glorious Illawarra, Invest Construct Pty Limited has been involved in property development within the Wollongong City area since commencing operation in 1996. With a care for quality and value-for-money Invest Construct has adopted an in-house design and estimating policy result ing in the best possible outcome for investors and owner-occupiers.
The range of projects handled by this company is substantial and varied. Wollongong s skyline today is replete with buildings that have been developed by Invest Construct . The range includes such developments as Abercrombie (1994), Rowland (1996), Osborne (1998), Atchison (2000), Loftus (2003) and Kembla (2005). All of these have become landmarks in the city and the company is currently selling The Shores and Best Western Wollongong. To know more about Invest Construct Pty Ltd and the apartments being offered by them, please visit www.investconstruct.com.au
March 27th, 2010
posted in Property Investment
It can often feel tempting to rush straight in into multiple investment opportunities when you are on an investing high, but this could prove to be a mistake.Yes, everything may feel as though it is in your favour: all your rental properties are filled, you’ve got a steady positive cash flow and you have got the money to keep on expanding on your wealth. But realistically… you need to take a step back to ensure that you have thoroughly assessed the capabilities of your rental property.The last thing you want to do is take on too much too quickly. All that will lead to is you finding yourself financially over-stretched and contemplating your next moves. More importantly, pushing your investments too far can have a profound impact upon your overall annual income.For the majority of investors, property investment is a career they do on the side to supplement their day job. It is not full time.Yet despite this clear distinction, many investors still find themselves becoming increasingly overwhelmed by the responsibilities they have taken on. From dealing with tenants, agreements and maintenance issues to securing their finances and monthly cash flow, these responsibilities can mount up when spread across multiple properties.For this reason it is important that you are aware of your limitations; of what you can and cannot do within the time you assign to your properties, and make sure that you do not let your property investments take over your life.Property investment is no get rich quick scheme. It is more easily identifiable with a marathon – a long term strategy that will require your constant commitment towards ensuring that your positive cash flow always remains strong. So take a step back; set a pace that is right for you and let your holdings grow.
March 26th, 2010
posted in Property Investment
UK property investment can provide an enormous sense of gratification that you simply cannot find with other forms of investment. UK Property investment is now enhancing a far more mainstream investment vehicle, available to investors with the knowledge and foresight to spot effective investments before the competition can. Yet while they linger comparatively open and accessible, the road to prosperous property investment and land investment is littered with those who have made a multitude of investment and other mistakes and paid the price.So, you can realize your dreams of UK property investment find the right investment opportunities and avoid the pitfalls along the way. By protecting up-to-date with the current news and articles featured on this website, you will gain the proficiencies necessary to make a profit from your investment. Buying cheap UK property from tormented sellers in the UK for investment objective is quickly becoming popular for many property investors. Experts in the property field unremittingly claim that an investor’s money is made when he buys cheap UK investment property. The reason is that when you buy such a property, you can turn it into an lucrative asset and therefore enjoy the profits it offers while benefiting from genuine built in equity from first day.The popularity investment in UK property to rent it out or turn it into a buy-to-let vehicle hinges on the issue that investors can earn a advanced returns with careful property selection and controlled borrowing. Estimations have showed that investing a property in UK has made 66,000 investors into millionaires, according to Midas Estates.For a time, few persons demand that now may not be such a good time to plan a UK property investment, many experienced investors know that now is an excellent point in the property cycle to pick up bargains. With the stabilizing of property prices in the UK, many people deem that the price adjustments present a good opportunity for property investors who are in for the long haul. A long-term approach to property investment is touted as an effective means of ensuring a more financially secure future because of the capital growth the property accrues over a long period of time. As property investors put it, the longer you’re in it, the higher your return.Finding cheap propertiesEvery year thousands of UK properties are sold at under market value. Many of UK property investment are released through property auctions regarded by many as one of the best ways to locate cheap properties. Now is particularly a good time to scour auctions with the market experiencing an evening out of prices which means you have a lot less competition. Often properties in auctions are sold cheaply because they require modernizations, renovation or development.To generate wealth through UK property investment, you must search property in areas where capital growth and a good cash flow are possible such as those areas where demand outstrips supply.
March 25th, 2010
posted in Property Investment
Property In Liverpool
Property investment in Liverpool, brings you onto the doorstep and into the vibrant community and vast landscape of property offerings in the big metropolitan city of Liverpool. Here, there are real cultural and estate movements underfoot. A whole range of physical, economical, social and environmental changes are happening, to revitalize this historic city . It is breathing life into what the European commission has toted typically, as a socially deprived neighborhood and community. The time is now for prospective homeowners, investors, developers and even non-resident investors to get involved to optimize this growth and initiative, by investing in property in Liverpool.
True examples of this are The Liverpool Neighbourhood Regeneration Programme (LNRP) and affiliated initiatives that are transforming the inner city core, from heart to outskirt. The Liverpool City Council describes it as an innovative approach to tackling the problems faced by the most deprived communities in the City. Drawing also on the European funding or approximately £34million from the Merseyside Objective 1 Programme, this area will see a definite upswing, as different players start to address key regeneration priorities. This will certainly drive property values up and owning property in Liverpool becomes a smart investment decision, almost overnight!
This has huge application and implication for property development and property investment in the city of Liverpool, off-pan purchases, buy to let and other iterations to balance your investment portfolio. The implied growth and new development projects infuse into this local economy, will translate in higher property values and potential for profit, especially if you get in early.
There are many government-assisted housing projects, choice based let, housing allocations, rent, resale and new developments in town and outskirts, as well as surrounding areas alike. Liverpool is known for its shopping, waterfront and impressive architecture, and yes of course, do not forget the sports! From Albert Dock, Church Street and Bold Street to Paddy’s Market, known as the birthplace of The Beatles and the home of Liverpool Football Club, you have lots of neighborhoods and property in Liverpool, to choose from.
It is known throughout the world as one of the most popular places in England to visit and they have a plan in place to become the first city of offer totally free internet access ‘on every street corner’ – being totally connected and free of charge – a modern icon. Chosen as the 2008 European City of Culture Liverpool also offers lots of short and medium term property investments options, within easy reach of even the non-resident property investor. It is hard to imagine anyone not wanting to be part of the pulsing UK city and choosing more often to own property in Liverpool, even if not for their own residential purposes, but as income properties.
Property management and residential let in Liverpool, is very popular. This great UK city sports and specializes in affordable housing, making it a priority and a buy to let paradise. Its slightly bigger neighbouring city, Manchester, is also attracting lots of attention, but at the same time also local opportunity and employment, away from Liverpool. This is happening in particularly the banking and service industries, but tides are also constantly changing, opening the doors that much wider for property investment in Liverpool and upgrade or even new construction projects, which all bring life back to old run-down areas. With it increased property values and the potential for profit taking and appreciation, growth and investment dollars.
In the past, the docks closed and diminished some of the mainstream income for many, causing unemployment and layoffs. Today the landscape is shifting. Warehouse apartments in Liverpool’s China town, offers great opportunity for creative and savvy investors, as would the north docks lofts. All these factors will drive property values up in the next five years, making it even more attractive for potential investors.
March 24th, 2010
posted in Property Investment
Property In Glasgow
Owning property in the City of Glasgow is now more exciting than ever. This is due to capital infusion in the area as well as significantly increased property investment in Glasgow, by private, individual investors, developers and other interest groups.
There are a wide variety of choice property in Glasgow available is described by many, as a lively and cosmopolitan place to be, with the pulse of a modern-European city at its core. The real estate market is no exception to this rule.
From properties with a strong Victorian, historically-inspired architecture and numerous new developments, refurbishments by developers in the area, investors have the opportunity to profit and benefit from this reshaping and rekindling of the gentle spirit of this age-old UK city.
For many Glasgow has become the place of choice to visit, live and work. Boasting good shopping outside London and a lively inspirational nightlife, as well as many tourist attractions like museums, art and science centers, Glasgow is fast becoming a realtor and property investment paradise.
Planning, development and regeneration is at the top of the business headlines in the area, including mix-use, retail and residential projects. This opens a whole cadre of possibilities for private investors, syndicates and groups to capitalize on. Edinburgh and Glasgow are both considered, property and development hot spots.
Glasgow Cross is a good example of one such project. This is a £40million mixed-use regeneration development project by a major developer and property management company, in-progress. It consists of 18,000sq ft of retail space and 170 two and three bedroom luxury apartments with parking. Merchant City and the shopping Mecca on Argyle Street (only second to London for retailers) infuses the local market.
It is easy to see the potential here, what was once an older, somewhat quiet or run-down part of the city can instantaneously be revived with lots of investment property and opportunities up for grabs. Mixed residential/retail type configurations in ‘downtown’ Glasgow has now become a reality. Whether you plan to live there yourself or merely invest in Glasgow property for income purposes, it has lots to offer.
If you have always dreamt of owning a piece of Scotland yonder, then there is no time like the present to act! It has lots to offer. With lots of in-town property solutions and investment opportunities in residential serviced apartments, short lets, corporate accommodation and housing, new homes and mix-use developments that seems to be the newest trend for modern, contemporary lifestyles and city-living.
Unique ambience awaits you in this nuanced city and a real sense of community, with some pitting it as the best place to live outside of London, your smart investment decision to invest in property in Glasgow, is sure to reap you in some growth and profit over the next few years to come. This reputation alone, not even counting on the tourist traffic and business enterprise and travelers through this area, will all contribute to raised property values and the perfect time to invest before the wave or opportunity and profits to be had, crests.
From apartments in the heart of Glasgow, to homes and low-rises on its outskirts, there are something to suit every budget, preference and taste. Flats for rent, auction sales and properties, Glasgow harbor and city core add to the variety, with lots of parks and restaurants around to mingle and linger in, many will exercise their option to stay, relocate, work of visit the heart of Scotland, every opportunity they can or have. For investors this opens a plethora of opportunity.
March 22nd, 2010
posted in Property Investment
When it comes to overseas property investment the world is a big place and there are plenty of destinations to choose from.
This article is not aimed at investors who want to take big risks it’s for people looking for solid 20% + annual gains with low risk.
Let’s look at overseas property investment in this area and its advantages.
The area we are referring to is the Central Pacific Coast in Costa Rica around the town of Jaco.
Let’s look at why it is producing such good gains with low risk.
1. Its an established market
Many overseas property investors believe they will get better growth if they buy a new property “hot spot” but most of these never take off and these investors lose money.
If you want to be a pioneer go ahead and look at Honduras or Nicaragua, but keep in mind some pioneers got rich but most got arrows.
The advantage of an overseas property investment in an established area means that people come there for exactly that reason.
It’s got an expat community and high quality facilities and infrastructure have grown up around it. Who wants to live somewhere where there is nothing to do?
Well you won’t have that problem with the Central Pacific coast. It’s got all the beauty and high quality restaurants nightlife and infrastructure you need.
2. Property Trends Last for decades
In 15 years a 30,000 house has grown in value to over 750,000 with little downside volatility.
Will this grow continue?
Yes when people buy overseas investment property they are looking for well priced property and lots of facilities so that buying remains strong.
Buying will remain firm due to the lifestyle and because beach front property can still be bought at up to 70% less than in the USA.
3. Location
The best priced overseas investment properties are near the expanding resorts not in them.
You can buy and wait for the resorts and infrastructure to expand and see your property rise in value.
The baby boomer generation are buying in record numbers and will continue to do so for retirement and a cheaper lifestyle than they can get at home.
Being a popular holiday destination the rental market is booming, unlike in many other near by countries.
4. Other considerations
Costa Rica is safe and stable is friendly to foreign investment and makes the buying process easy. Furthermore, you get the same rights as residents, low property taxes and an overall tax efficient investment.
If you want a solid low risk overseas property investment, then the Central Pacific Coast Costa Rica is an ideal choice to build long term capital gains.
March 20th, 2010
posted in Property Investment
If you are interested in international property investment we are going to look at a great destination here which has been voted one of the best property investments in the world, with average forecast growth of nearly 300% over the next 10 years and the country is Slovenia. Here we will look at why Slovenia property investment is hot.
Slovenia is a country that is attracting both European and North American real estate investors and interest is at an all time high.
Slovenia Location
Many people have not heard of Slovenia but it is a small recent member of the European Community and has the highest GDP of any new member and is situated right at the heart of Europe bordering: Austria, Hungary, Croatia and Italy.
Recent membership of the EU has seen billions of dollars invested in the country from the European community and private investors.
The Result?
Disposable incomes are higher than ever before, this has led to an increased demand for high quality housing and demand is simply out stripping supply.
For example, property in Ljubljana (the capital) has been increasing by30% in many areas – but the growth is not just restricted to the capital. The second city of Maribor and the coastal resort of Piran have also seen strong rises.
Future prospects
The future prospects for growth in Slovenia property prices are good, not only does the country have a solid growth internally, it is actively promoting its tourist industry and this means a huge influx on people wanting high quality accommodation to rent and looking for holiday homes.
Slovenia is a small, beautiful country and has much to enjoy.
It is a country of soaring mountain peaks, dense alpine forests, valleys dotted with vineyards, mighty rivers and even a small unspoilt section of Adriatic coastline.
Skiing is popular and property located in or close to these resorts are popular choices – great areas to buy in are:
Around the towns of Bled, Bohinj, Maribor and Kranjska Gora. Other areas set to rise in popularity are, the towns around the beautiful Soca Valley and the coastal region around Piran.
Property is still keenly priced, with good upside potential and you can not only benefit from great capital gains but also solid rental incomes and there are Slovenia properties to suit every budget.
Buying is straightforward and the local laws are designed to protect both buyers and sellers and you can arrange local finance for the property which is secured on the property in Slovenia, not your principle place of residence.
There are plenty of Slovenia estate agents to help you find your investment property and many cater specifically for international investors.
So, if you are interested in international property investment, consider Slovenia and you may be glad you did.
March 16th, 2010
posted in Property Investment
Cyprus is considered a very good choice to consider when you are thinking about purchasing Cyprus property. Cyprus property investment can have a beneficial impact on your income and why not on your mood too? Cyprus is a safe place that can offer you many pleasant moments and please your eyes with its fascinating nature and the blue color of the Mediterranean Sea. It’s a small island of joy for your soul. When you spend your money on something you first think about your decision very carefully. Of course, that is aside from simple purchases you do everyday in the supermarket.
Think carefully before making an investment in a big and expensive purchase. When investing the money in a property you should know very well where every dollar goes, because fraud in real estate market is not unheard of. So first of all, even on such a nice island as Cyprus, you should know how to deal with the land sharks. If you are choosing a destination for your investment and your choice falls on Cyprus, then you should consider how your Cyprus property investment will be successful.
Cyprus is well-known for its mild Mediterranean climate and its hospitality, for its beautiful nature and for historical monuments. This island has a very rich cultural heritage and you can see a diversity of traditions very enrooted and respected by the local people. Cyprus’s culture is a blend of Greek and Turkish culture, with some Egyptian “tunes” and Arabian mystery.
First of all, when you want to buy a property on Cyprus, you should think about what your purpose is for buying it. The purposes can be different. You might want to buy a house or an apartment for living there in the summer or for spending most of the year there, or for renting it, or a combination. That is why the location of your Cyprus property is very important. If you plan to rent your property then you should choose a location close to the tourist centers, the places which are close to many modes of public transportation.
If you want to see your property as a place where you can rest and have a comfortable place for your vacations, then you should decide the location of your Cyprus property based on your feelings and preferences.
There are good opportunities for Cyprus property investment in the highlands. There you can admire the broad and narrow roads, the beautiful green mountains and the warm wind. You can also choose a house at the seaside. Frankly speaking, Cyprus property offers you a variety of choices where you can always find that which suits you the best.
Cyprus may be a small island but you will always find an open store, a nice small café or restaurant there to buy what you need and spend time eating the traditional served dishes, enjoying the beauty around you. So even if your property is situated far from the main cities and tourist destinations, you will have all the comfort the island can offer to you.
The prices of Cyprus property depend on their location, on the area and on the accessibility to the big cultural centers. The numbers can seem high at first sight, but you should not think it is not impossible to lower it. The prices are always high when you receive the proposal, because even the realtors know that the investor will bring down the price. You can also have a look at some other property situated in that region. You should compare prices; you should estimate the value of the house you want to buy, looking at its real market price.
Cyprus is a good destination for investments and its possibilities in this field are very large. When buying Cyprus property you should consider that you will spend more than its settled cost. You should consider the fees for the lawyers and for the realtors, for the changing of the paper work and some additional fees.
March 16th, 2010
posted in Property Investment
I recently read that 8/10 millionaires made their millions through real estate. Whether this statistic is entirely true or not, I dont know. However, what I do know is that A LOT of people have made their millions from property. In fact, I would even go so far as saying that more millionaires are created from investing in property than any other industry.
If you are interested in obtaining a good passive income, then I would definitely recommend you consider property as one of your strategies for wealth creation.
But be warned, property investing is not a short term get rich quick scheme. Done properly and with guidance, you will gain:
-Amazing capital growth your portfolio will increase by 100,000 pounds a year.
-Great cash flow: you will obtain an amazing monthly passive income.
-A legacy to pass down to future generations.
If you are seriously considering property investment as a career choice, please note that you need to look at it as more than just a hobby. In other words, you need be put some effort in for it to work. If you do only look at property as a hobby, you will only ever achieve hobby profits. Your dreams of earning millions from property will remain just that – dreams!
Property investment, like any business, is a serious business and you need to start investing with the right attitude. Working just one day a week on this business is simply not enough especially when youre starting out. Ive known a lot of people who have started investing in property only to fail miserably purely because they expected too much in too short a time.
So how do you become a serious property investor? Simple.
As a minimum, you need the following three traits to succeed
1.Knowledge
This can be obtained from mentors, books and seminars. To do well in any business, you dont just need specialised knowledge but will also need to develop yourself personally.
I would encourage you to attend personal development events to help you to move forward quickly.
2.Personal Motivation
You need to be motivated to do well any aspect of your life. A lot of people fail because they give up too soon! They try one or two techniques recommended to them, find they dont work and decide property investment doesnt work!
Model yourself on a successful property investor that you know. Keep going and dont give up.
3.A Team
To do well in property investment by your self is almost impossible. All successful property investors that I know have built a team of clever people around them. You need to do this also.
As a minimum you need access to good solicitors, accountants, financiers, builders, other property investors and finders. Become a prolific networker, show people that you are a doer and expect results in your business and allow like minded people to join you in helping you to grow your business.
March 13th, 2010
posted in Property Investment
Dubai- “PEARL OF THE GULF” – is one of the most forward thinking and open places in the entire Middle East. Dubai Investment property sector hugely encourages foreign investors and immigrants. With its lavish developments and sounds ready for anyone to indulge them in, Dubai investment property is certainly looking out for provides a vibrant cosmopolitan environment that fosters growth and appalling capital gains.
The current population of Dubai is 1.5 million (2007) and tourism figures is 5 million. There is no corporate tax; no income tax; no capital gains tax; no foreign exchange controls, trade barriers or quotas; and no restriction on capital repatriation. Consequently it is estimated that by 2012, the population will grow to 12 million and the number of tourists visiting Dubai will be in excess of 5 million. Modest predictions for capital growth are 15% per annum, but we have seen value appreciations in excess of this. Residential yields are coming in at 15% per year also, while commercial rental income is in excess of 20%. So underlying data is sound enough to produce high returns from property investment in Dubai which is safe place for investment; having a good trend of capital gains at the time.
Dubai looks set to increase in both financial clout and influence in coming years, and the forward-thinking nature of the emirate is testament to the success it has. With many specific free zones already set up for Dubai property investment Dubai Internet City and Dubai Media City, Emirates Hill, Sports City, for example, and more planned, things are certainly looking up. Many major worldwide companies have headquarters in the emirate, including Microsoft and IBM, this alone should convince anyone that the region has some solid economic ground to stand on. Dubai property investment is big business in the region, and prices are currently surprisingly low. Now is the time to invest in property in Dubai and those that can afford it really should look into it, Dubai is essentially a purpose-built playground for the rich, and home to the fastest growing city in the world.
More and more people are adding Dubai investment properties to their property portfolios and historically these purchases have provided excellent returns for many people in many countries. This interest in Dubai property investment has been partly fuelled in recent years by capital growth, high residential yield, excess in commercial rental income, and the increasing scope and affordability of international travel. Just invest and then sit back and watch the value of your investment grow!
March 10th, 2010
posted in Property Investment
Over the years property investment has been seen by many as an attractive venture. This has in the main been due to its high income yield and the fact that it performs well during periods of stable economic growth. With the last 15 years providing an extremely stable economy, many people interested in property investment in the UK are holding back due to fears that they could lose money should this period of economic stability end. Below we look at reasons why despite the risks, property investment could be the right way forward for you.
Property Investment for the Long-Term.
Generally speaking property investment gives you access to two main benefits: capital growth and tax advantages. Capital growth is the money you will make as the value of your property increases. Experts claim that property investment which is undertaken with a long term viewpoint is unlikely to lose money regardless of any changes in economic circumstances due to capital growth. This is because if you look at the long term history of property prices they have overall continued to increase. The house that you bought will have cost more than the same sized house that your parents bought thirty years ago. This means that as long you are never in absolute need to sell the property you can choose to sell the property at the right time to make you the most amount of profit.
Property Investment Portfolio.
One way to make property investment an even more secure type of investment would be to buy several properties in a range of countries. This would mean that even if the property market was struggling in the UK you would be able to get your financial security from the property you have elsewhere. If you are concerned about the costs involved in doing this then it is worth considering buying a property in a country which falls under the up and coming category. This would include countries which have recently entered the EU or are set to enter the EU. The property prices in these countries are as such that purchase of the property is certainly worthwhile.
If you are interested in finding out more about some of the benefits property investment can bring then it is always advisable to get in contact with a specialist who will be able to give you impartial advice.
March 8th, 2010
posted in Property Investment
At Key Universal, we conduct a painstaking examination of each development we offer, from the financial status of the backer to the reputation of the builders, whether it’s a UK or overseas property investment. Our thoroughness has earned us a well-deserved reputation as a hands-on overseas property investment company; a reputation that we are justifiably proud of and will always seek to maintain. This reputation has also stood us in good stead when it comes to achieving ‘buying power’ and gives us the ability to negotiate very favourable terms on behalf of our clients.Although we are based in the UK and deal with many developments in this country, we are also an overseas property investment company, specialising in international property investment.Our team of professionals is constantly reviewing any regions that might be prime locations for overseas property investment, thoroughly checking the demographic, economics and local property markets of each country we consider to have potential.International property investment can take many forms, from prime-located plots of land to stunning off-plan apartments; we have also added a Major Acquisitions section to our website, which gives details of overseas property investment developments that are certain to pull premium revenue.We also offer opportunities for investors who wish to achieve the developer’s profit by investing in developments at ground-level stages. Using this program, we can ensure that land titles and properties can remain in the individual names of a group of investors who buy exclusive land and achieve planning application. Browse our website for more details of our services or contact us now to talk to one of our investment advisors.
March 6th, 2010
posted in Property Investment
Overseas property investment can be the road to riches or the road to ruin depending on how you invest.
If you follow the 4 tips below you will be able to enjoy the minority of big winners in overseas property investment so here they are.
1. Buy the trend
This is perhaps the biggest error made by newcomers to overseas property investment.
They don’t want to buy an established market they want to buy the new property “hot spot”
Why?
Because it’s cheaper and they think the rewards are higher. The downside of course is the risk is high to and most new property “hot spots” never take off and the investor is left with losses and a property he can’t sell.
Buy a trend in motion i.e. where investors are already investing and making money.
The reason for this is:
You have missed the start of the move and maybe some profit, but that doesn’t mean there is more to come and more importantly the downside risk is less.
Property trends last decades or longer and once their in motion they suck more money in ensuring higher prices.
Consider a favourite of US investors Cost Rica:
A property purchased 15 years ago near the popular resort of Jaco for $30,000, is worth as much as $750,000 today!
Is this move over?
Consider this and decide:
Beach front property is still up to 70% less than in the USA AND with demand for ocean view strong growth will continue.
This type of market not only offers great rewards but l0w risk, also as it’s popular you can pick up extra rental income as a bonus.
So 30 -100% profit is available without the risk investing in emerging markets.
Most investors want big gains but also want low risk and that’s what an established market gives you.
2. Location
Whatever market you buy in you need to get a good location. For example in Costa Rica you would look for the expanding resorts rather than the established ones to maximize your risk reward.
3. Look at the law
Many people invest in countries and have no idea of the law and find out later that they don’t have the same rights as residents or that their property can be seized by the government etc
Don’t take the risk. Only do overseas property investment in countries that offer you protection and get a local attorney if you can’t speak the language, its money well spent.
4. Make up your own mind
Don’t fall for sales hype like huge profits in a new emerging market – If it looks to good to be true it probably is.
With overseas property investment stick with established trends that look likely to continue.
Make sure that you pick locations carefully near expanding areas to maximize risk reward and get a good attorney; it’s a small price to pay and stick to countries where the law gives you the same rights as residents.
It’s all about risk reward
Of course you can be a pioneer and go for a killing in a new emerging market, but keep in mind many pioneers got rich, but most got the arrows!
You don’t need to be clever to make 30 – 100% annual gains in overseas property investment, you can do it by following the above and more importantly with low risk,
March 3rd, 2010
posted in Property Investment
Slovenia property investment may not be as popular as many other well known property investment locations, but savvy investors are buying and making great capital gains, in one of the top markets for capital growth in the world.
With prices starting at just $50,000 and capital growth in excess of 30% per annum combined with the potential for significant rental income, it no wonder more investors than ever are looking at Slovenia property investment.
Capital growth potential
Investors in Slovenian property are currently enjoying capital gains of up to 30% per annum and this growth looks set to continue.
In the next decade capital growth was forecast at 278% by property specialist program “A place in the Sun” which has increased interest from property investors around the world.
Why Slovenia is hot
Since attaining independence from Yugoslavia and joining the EU, Slovenia has seen strong economic growth.
Tourism has been the fastest-growing sector of the economy and this has enabled it to produce the highest GDP of the new EU members.
Slovenia has become popular due to its variety of scenery; good infrastructure and a variety of airlines now offer cheap, frequent flights – making it easy and inexpensive to get to.
Natural Beauty
Slovenia is located between Austria, Italy, Hungary and Croatia and while a small country, it is beautiful and has something for everyone.
Slovenia features forests, vineyards, snow capped mountains, a beautiful stretch of Mediterranean coastline and some great baroque architecture.
Slovenia has a beautiful capital – Ljubljana.
The city has been described as a smaller and less crowed Prague and comes with stunning architecture.
A booming economy
Slovenia’s accession to the EU saw big changes in the economy, as Slovenia opened its doors to overseas property buyers.
Strong growth in GDP has been mirrored by growth in Slovenian property prices.
The capital Ljubljana offers the best returns on investment, with prices predicted to continue rising by around 30% per annum for many years to come.
The limited supply of housing and restrictions on land development are the main driving forces behind this growth.
The economic expansion in the capital which will see rentals soar – giving “buy to let” investors significant income, as well as capital growth potential.
Primorska on the Adriatic coast and the mountain district of Gorenjska are the next most expensive places to buy in Slovenia.
If you are interested in Slovenian property and cant afford these areas there are plenty more to choose from, as this is a market in its early stages of development and offers better risk to reward than the more mature markets that surround it.
Slovenia has a wide range of property investments to suit all tastes and budgets.
Property for sale in Slovenia with good capital growth potential can be bought from under $50,000 in many areas.
You can invest in ski apartments in areas such as the Julian Mountains, or in traditional country houses near the vineyards or finally, in the expanding urban areas.
In Conclusion, Slovenia Offers property investors:
A great opportunity to invest in a stable and growing EU member.
Slovenian property investment offers above average capital growth potential combined with significant rental income from “the buy to let” areas and finally, being an emerging market it’s highly affordable.
In part 2 of this article you will find some of the best new emerging destinations to buy in and also an in-depth look at the buying process.
Discover more about Slovenia and Slovenian property investment and see how it could change your financial future.
February 28th, 2010
posted in Property Investment
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