Showing posts with label Overseas property. Show all posts
Showing posts with label Overseas property. Show all posts

Friday, 5 September 2008

Polical strife in Thailand puts investors off

Overseas property investors can strike yet another destination of their list. Violent protests in Thailand which left one person dead and 43 injured have put a black cloud on the otherwise booming property market in Thailand.

Thai stocks are set to fall, with fears of further political unrest dominating the market.

Credit Suisse Group are advising investors to avoid stocks in Thailand and to re-think property investments. A statement from them suggested violence will continue and the country will soon become 'ungovernable'.

British holidaymakers are being warned to avoid trouble-hit Thailand unless it's very essential. Frequent attacks, including bombing and shooting, due to insurgency and civil unrest continue.

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

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.

Friday, 25 July 2008

Caribbean beaches can look at $25 million worth of investment and 1.4 million cubic metres of sand

The Dominican Republic is spending $25 million improving its beaches to make them more attractive to visitors. It is part of a wider plan to boost tourism as officials are worried that cuts in flights from the US and other problems such as the recent power cuts could seriously hit the number of people interested in investing in the country, the second largest island in the Caribbean. Full article

Home Resales Decline to 10-Year Low in the US

Latest Bloomberg reports suggest that sales of previously owned U.S. homes fell to the lowest levels this June. This is the worst hit in the last ten years and due to plummeting real estate prices and buyers confidence the housing recession is now in its third year and there are no signals of things looking up. Full article

Friday, 18 July 2008

Aparthotels: the safer property investment option


The latest trend in property investment: an Apartment + a Hotel = Aparthotel

Aparthotels are typically a three-star or higher hotel property looked after by a management company that takes care of all the hassles of ownership, including maintenance and finding hotel users. They typically offer the investor the opportunity to own a plush hotel room that can provide a monthly income.

While the natural choice for a lot of the property investors in the UK would be to invest in London, with the 2012 Olympics on its way, many investors are also looking abroad at holiday hot spots where hotels rooms are in demand all year long.

This trend is still setting in but a few early adopters such as GuestInvest and HomesGoFast are already profiting from it. In their blog, HomesGoFast mention the surprising speed with which these properties sell out highlighting the MGM Grand in Las Vegas, a 576-unit condo hotel, which was expected to sell out in two years but instead sold out in two months! The Platinum, a 255-unit property in Las Vegas, also sold out in just a matter of a couple months. The reason, they feel is that the armchair investor feels secure in this type of development and one that appears to look after itself.

As for us, we think only time will tell. In the current property climate one has to tread with care. The lack of flexibility, the concept of selling a hotel room to another buyer, renovations, and most importantly chances that the hotel might not do very well might make Aparthotels a less exciting proposition than it seems at the moment.

Tuesday, 1 July 2008

Dubai with a twist

With this new swirling building in the making in Dubai, UK property investors can add something unique to their property portfolio. The spinning skyscraper, the Dynamic Tower, is being designed by architect David Fisher. The 420-metre tower, offering a hotel, offices and flats, is permanently on rotation.


Fisher told The Times: “The idea came when I was in Miami. A friend told me that one apartment, which overlooked the ocean, was worth $3million but another, which, didn't was worth $1.8million. I started thinking about this dynamic tower.” Full article


(Image source: The Times, 27th June 2008)

Wednesday, 25 June 2008

The 10 worst property investments ever

The Times have put together a list of the ten worst property investments ever. Projects gone wrong, disagreement between developer and investor, property feud, financial difficulties and more. I'm sure you've heard the expression, ‘If something sounds too good to be true, it probably is.’ Well, in the investment world, they say, ‘If something sounds too good to be true, it definitely is.'

Read article here