Thursday 28 August 2008

India’s "crunch-proof" property market brought to London by Navyroof.com

As house prices in London and surrounding areas are in freefall, some selling for over £50,000 less than originally purchased, London property investors are looking to India for profitability where Merrill Lynch has predicted a 700 per cent increase in property prices by 2015.

A seminar at the City Hotel, Brick Lane, London, at 7pm on September 17th will give London property investors valuable information on how they can benefit from investing in India’s thriving property sector.

It is hosted by Navyroof.com – the company that brings investment opportunities from the most up-and-coming areas of India to the UK.

Attendees will gain detailed knowledge of the Indian economy and the long term sustainable factors driving its rapid growth; they will also discover the areas that give the greatest capital appreciation on investment and will have the opportunity to listen to expert guidance on the purchasing process. The seminar will cover all aspects of the market, including Indian property law, to give investors all the information they need to escape the doldrums of the UK property market and to take full advantage of India’s booming economy.

Mother IndiaThe seminar will also explain how London’s non-resident Indian community can give back and profit by investing in their motherland.

India’s strong economic growth reflects the profound changes occurring in society. Over half of India’s current population is under 25, giving India the world’s largest population of workers and consumers by 2020. Increased urbanisation and modern young Indians preferring to live on their own means demand for housing has never been higher. Mortgage lending increased tenfold between 2000 – 2005 yet the ratio of mortgages to GDP remains low, which shows the massive potential in the property market.

Andrew Fassnidge, Managing Director of Navyroof.com said, “This seminar will show both UK investors and non-resident Indians how easy, effective and profitable investing in India can be. All the economic indicators project a bright, sustainable future for India with Merrill Lynch predicting a seven-fold increase in the Indian property market by 2015. In the last two years alone, property prices in India increased by 70 per cent. Industry commentators are mooting that whilst the USA and Europe look to be involved in an economic downturn, emerging markets such as India, may be the ‘crunch proof’ economies. Anyone with even a small amount of capital should come along to the seminars to find out what opportunities there are for them to escape the UK property decline.”

Invest In India Seminar Harrow 3rd September - 7pm

Invest In India Seminar Brick Lane 17th of September - 7pm

Invest In India Seminar Hounslow 23rd of September - 7pm

Attendance can be secured for the 17th of September by signing up at http://www.navyroof.com/ or calling 020 7242 2452

Friday 15 August 2008

Morocco rules the roost this week

Morocco was rated one of world's top elite destinations in a recent article in the Home Overseas. This North Africa country has displaced other leading investment hotspots such as Australia and Slovakia. No surprises as Morocco not only offers affordable house prices but has recently seen a democratisation of public life, education and health, and strengthening of basic infrastructure leading to both social and political stability.

Investing in Morocco could potentially lead to high return and it offers great investment potential for overseas property buyers. Among the advantages of investing in Morocco, the low cost and the high quality of labour leads the way; closely accompanied by their policy of structural reforms which attract the interest of the investors.

Costa de la Luz in Spain and other beach areas have been overbuilt and are therefore over-priced. These escalated prices have lead investors to look to Morocco. It offers the same sunny weather, the same Mediterranean coast and is only 9 miles away in northern Morocco at sometimes 1/10 of the price.

As the property market in the UK shows no signs of improvng, investors can choose from a number of foreign destinations offering great returns.

Friday 8 August 2008

The 10 easiest UK postcodes to sell property

From the Times (Full article)

Some interesting stats and facts:

- In June 2006 there were 124,000 homes sold in England and Wales.
- In June 2007 there were 105,000 properties sold. (A drop of 15 per cent)
- So far, just 17,681 sales have been recorded in June this year. (A drop of 83 per cent)

Here are the ten postcodes that registered the highest number of sales in June.

1.CV6 (Coventry): 44
2. CR0 (Croydon): 40
3. S6 (Sheffield): 36
4. BN3 (Hove): 35
5. SW19 (Wimbledon): 35
6. BN1(Brighton): 34
7. E14 (Poplar): 34
8. ST5 (Newcastle-under-Lyme): 34
9. FY8 (Lytham Saint Annes): 33
10. SG2 (Stevenage)

Dubai in danger of property 'overheating'

Dubai property prices could be down by 10% by 2010, according to a new report. This is despite the opening of Concourse 2 at the new Terminal Three which will ease the overcrowding at the Dubai Emirates Airport. One would have thought that with the opening of this $US4.1 billion terminal, property prices would have direct positive impact.

But investment Global Investment Banking firm, Morgan Stanley predicts otherwise. Prices in the Dubai property market have risen a massive 79% since the start of 2007. Morgan Stanley report concludes that oversupply to hit Dubai in 2009, will leading to a period of price declines.

Panama - the latest property hotspot

Following John Darwin's exposẻ, the media has paid a lot of attention to Panama City. Mr Darwin faked his own death in a canoeing accident four years ago in order to enjoy a new life overseas with his wife. The media highlighted the lifestyle options that made Panama an attractive destination.

The 20 year tax exemption for buyers in Panama, good health care provision, and cheap property prices makes this Central American country hugely attractive to property investors.

More and more British property investors are looking to invest in emerging markets to reap the rewards the property boom first promised.