Posts Tagged ‘investment’

Why You Should Invest in Detroit Property

Sunday, September 11th, 2011

Overseas buyers are acquiring Detroit investment property at a unprecedented rate. Let’s examine at why.

Presently, the prices on homes in Detroit are still a lot lower than houses in most other American markets. The rental income, however, has not fallen at such an astounding rate. That fact is good news for investors. Detroit investment properties can be acquired at prices that start as low as $37,995 according to many websites and property agents. However, there have been numerous media reports about homes in Detroit selling for even less than that amount.

Once investors have secured a rental property, they just to find a tenant which some real estate agents can help with like the experts at Experience International for example who are selling pre-tenanteed investment properties.

With Detroit’s average rental for a family house around $800 a month, investors are able to cover the mortgage payments and make profit on top. In fact rental yields are up to twenty-five percent in most cases. That amount is true even when the foreign investors have to pay a management fee to take care of their houses. A lot of overseas investors get these Detroit property investment deals because they are ready to make fast decisions. Some of them are even buying whole blocks of Detroit real estate. These investors come from the UK, Australia, China and some other countries.

Also a lot of house renters in Detroit are currently subsidized by the U.S. government. There is a list of in excess of 9,000 tenants who are approved for section 8 housing. That means that they are waiting for a home with a government voucher for the cost of rent in their pockets. So many investors utilising this HUD scheme will never have to worry about the rent not being paid.

Detroit real estate provides investors a chance to acquire homes in Detroit with the chance to earn up to a 250% ROI within five years. The homes are typically sold for a price that includes many refurbishments and a year’s liability insurance in the cost. Even deals that do not include these things are still appealing to overseas buyers as the return on investment is so high. Most Detroit investment property is completely paid for within five years by rent payments alone and then the posibility of capital appreciation is also strong as property prices are at rock bottom right now therefore it is easy to see why Detroit real estate is so appealing to overseas investors.

Acqua Themed Apartments in Manila

Friday, July 15th, 2011

The country of the Philippines has the the world’s 46th largest economy with a GDP of $189 billion.

Due to growing consumer demand, this newly industrialized country has shown continuous economic growth since the 1990s, stated by the the U.S. Department of State. At that time, the government in the Philippines started a wide range of economic reforms that has proven to be well suited to hold up against global financial unrest. Although the Philippines is a net importer, there is low public debt. Exporting semiconductors, electronic products, garments and petroleum products, its main consumers are the US, China and Japan. Goldman Sachs includes the Philippines in its list of the “Next Eleven” economies.

The Manila and especially the Makati Condos for sale market is a good pulse of this economic flow, Makati being situated epicenter of the most buzzing and growing financial and social centers. The cities of Mandaluyong and Makati are of particular focus because of their large shopping centers and waterfront location on the Pasig River. New apartment buildings are particularly relevant to the emerging population growth in the city and attractive to foreign and native property buyers.

Apartments in Manila are in high demand by the significant service workers and provide good financial returns for investors. Manila apartments, however, are being put into the shadow by the new Acqua Private Residences.
Between Rockwell and Mandaluyong City is where the waterfront development of Acqua Private Residences is situated on the Pasig river. There is a new bridge connecting it over the historic river from Rockwell to Mandaluyong. The Pasig Ferry Station is within walking distance and a private water shuttle will service the development. The nature-infused design of this development is a haven from the busy City lifestyle. The attraction of water features makes it unequalled.

View the Acqua Private Residences Video

The developers state that ‘there has never been an Eden constructed by man that compares to the creation of Acqua Private Residences’. Waterfalls and tropical rainforest landscaping are magestic in there impact on the residents. Roof gardens provide impressive views of the Pasig river, Rockwell and Mandaluyong city, the river serving as a boundary for this paradise and dividing it as an environment unto itself. There are various apartment types from which to select. The new construction of these private condominiums come fully furnished with modern amenities. The complexes has action sports and swimming pools. It is a most desirable community and its upscale design is an appeal to the growing population of successful professionals. As the Philippines economy continues to expand, the need for quality community living grows. Both residents and investors will be attracted to this unique model for excellent living.

House Flipping: Essential Rules To Check Out

Friday, June 24th, 2011

Buying and selling properties has become a pretty popular means of making money. No real estate trading experience, no worries; you can earn through this industry even when you’re a newbie. Buying and selling houses is easy as long as you can buy for cheap and sell for more. This is really what it’s all about. But while this is simple enough to do, you need to learn some of the trade secrets of really successful house flippers. Yes, you can learn how to flip houses!

1. Inspect and Evaluate the Property

You can’t rely on the photos of a house to find out whether it’s worth buying or not. You need to go to the site with someone who knows how to evaluate homes to look at the house. Once you assess the building, you can choose to purchase the house or not.

If you don’t want to hire an expert, you can check for cracks and peeling wall coverings. More importantly, check for the presence of mold. Walk around the house and find out if there is a rotten smell. If there is mold in the house, getting it cleaned may cost more than you expect.

2. What is the Property’s True Value?

One thing you need to figure out is if a family would want to live in the location. Is the neighbourhood near schools and commercial districts? How many bus stops is the supermarket? Also, look at the neighbors. If the place is a joy to live in, then you can definitely sell the house fast.

3. Aggressive Selling

Marketing a house once you’re ready to sell is crucial. Selling fast is important, especially if you have loaned the money you used to purchase the house. Losing money on interest rates can put pressure on you to sell faster. Make sure you can find several or many potential buyers a few weeks after you purchase and renovate the house.

If possible, don’t live in the house you plan to sell away. If you are emotionally attached to a real estate property can be a pain if you know you have to sell it in the near future. Be sure you’re in good credit ranking so that you won’t feel too frantic to sell off your home.

Visit this website for information on Real Estate investment

Sharm el Sheikh Property Buyers Benefit From The Low Egyptian Pound

Wednesday, April 20th, 2011

Where many might shy away, the most savvy property investors are leaning towards Egypt in light of the latest crisis to purchase Sharm el Sheikh property. The record decline in value in the Egyptian Pound means that it has never been a better time to buy in thriving tourist resorts either as a second home or buy to let investment.

Understandably, a novice property buyer might be cautious of investing in a area that has witnessed some political turbulance over the last few months, however savvy property buyers in Sharm el Sheik property will know that the building progress has been unaffected as the protests were confined and so the resorts did not witness any of the looting or damage Cairo might have done.

With one British Pound purchasing 9.74 Egyptian Pounds (EGP) as of 23/3/11, property investors can buy a total of 224,074 EGP for £23,000. If we look at what the same amount would have bought at the beginning of 2011 when the rate was 1 GBP=8.96538 EGP, we can observe a January 2011 have made an extra of 17,871 EGP!

As Steven Worboys, MD of the property investment experts at Experience International notes:

“The most long-sighted investors will flip events as in Egypt into a positive, there has never been a better time to invest in Sharm el Sheikh property due to the low Egyptian pound…They say a week is a long time in politics; it’s an even longer time in the world of investment property!

Property agents have observed steady sales throughout February and an positive trend in March. Sharm el Sheikh property prices have in no way dropped and some developments are set to raise their prices as they finish the first phase of construction.

One of the most successful resorts is the Maraqia development in Sharm El Shiekh. Investors can buy 1, 2 and 3 bedroom apartments scattered over 40,000 m² with adjoining swimming pools and gardens. Set next to the mountains of Nabq and minutes away from 5* Hotels and facilities, this project is on track to be one of the most high class luxurious residential areas in our Egypt property range and prices start from only £39,170.

Another development that has drawn attention from both global investors and those looking for a second holiday home is the Sunny Lakes development in Naama Bay in Sharm. These low density apartments offer spacious one bed apartments from 70 m² and two bed apartments from 95m² all with swimming pool views. The option of rental and management services are also available making Sunny Lakes the ideal property purchase both for personal use and as a buy-to-let investment.

For more details on investing in Sharm el Sheik property in 2011 please contact the specialists at Experience International on +44 (0) 207 321 5858 or visit www.experience-international.com.

Own A 2nd Home? There Can Be Tax Advantages

Wednesday, February 16th, 2011

If you happen to own a 2nd house or are contemplating the acquisition of a vacation house there might be some significant tax advantages that come along with vacation home ownership. These tax advantages are dependent on a couple of things. How usually do you utilize your 2nd house, how many days of the year is it not used and what number of days of the year is it leased out?

If you happen to own a 2nd house and sometimes rent it out there are particular tax advantages you need to take advantage of. Fourteen days is the magic number to remember. If your vacation house is leased more than fourteen days and you additionally use the residence more than fourteen days (or 10% of the leased days, whichever number is more) this house could be considered a personal residence. Remember the fact that when I use the term personal this additionally includes use by family or anyone that makes use of the house and pays lower than the traditional rent rate.

Since this house is now considered a personal residence there are particular tax breaks that you will qualify for. Interest payed on the mortgage of both homes could be deducted. There’s a cap on this which is $1,000,000 dollars of mortgage debt on both homes combined. Interest on home equity loans may also be deducted. As most individuals are aware property taxes are normally always deductible.

If your 2nd house is not used by your self, relations or mates then this asset could be labeled as a rental property. If the house is leased no less than fourteen days a year and personal use is lower than fourteen days then expenses, taxes and interest is allotted based mostly on what number of days the house was used.

Remember that mortgage interest payed on a 2nd house is usually deductible. This additionally applies to houseboats, RV’s etc., so long as it has a bed room, lavatory and kitchen. And remember mortgage interest deductions could be made on your taxes even when the asset is leased.

Always take into account these important rules. Occupy your vacation house no less than fourteen days a year or no less than 10% of the overall days the house is leased .If not, it is possible that the IRS would think about this asset a residential property, which in the long run could probably decrease the dollar amount of interest deductions you can take.

In case you possess an interest in buying a 2nd property within the Phoenix, AZ area please take a look at Arizona Golf Communities and find out about golf developments like DC Ranch in Scottsdale.

Brazil Is Ranked Top Winter Holiday Destination

Monday, November 8th, 2010

Pack your bags and head to the place of sun, sea and samba this winter season as Brazil is the top holiday country in South America according to the latest statistics from Cheapflights.co.uk.

Search volumes for Brazil increased by nearly 200% with the coastal town of Porto Seguro in the sates of Bahia having the highest increase in searches (194%) in the first half of 2010 in relation to the same period in 2009.

Steven Worboys, MD of Brazil property agents, Experience International, comments,

“The BRIC nation of Brazil with its enviable economy and wealth of natural attractions is in contradiction to global trends and experiencing a high growth in tourism with nearly 7 million visitors expected this year increasing to more than 9 million by the World Cup in 2014.”

Of the fifty South American places ranked by Cheapflights.co.uk, Brazil dominated with twenty two places including the north eastern cities of Natal and Fortaleza which saw substantial rises in search volumes of 73% and 47% respectively.

The attraction of Brazil’s north eastern states has also been echoed by the popular Lonely Planet TV programme whose Travel Editor made references to the “miles and miles of unspoilt beaches” of Fortaleza and natal which could rival the iconic Rio de Janeiro.

As Worboys continues,

“Over the past few years I have seen the amount of people visiting Brazil increase. Of course metropolises such as Rio and Sao Paulo are seeing continued growth but it is the up and coming cities in the north such as Fortaleza, Natal and Joao Pessoa which are seeing the biggest increases in tourism.”

Joao Pessoa, a city steeped in history situated in the state of Paraiba, south of Natal, is experiencing a noteworthy increase in tourism. With 4 of Brazil’s most attractive beaches, coral reefs, turquoise waters and a all year long tropical weather it is easy to see why the place is a hotspot for both international and domestic tourists.

Here is a video talking about the opportunities for property investment in Brazil.

An increase in property for sale in Brazil

And to help satisfy this growing demand for holiday property there are a number of new residential developments, resorts and hotels under construction in the places in and around Joao Pessoa. One such development is the 5* eco-friendly resort, Tambaba Country Club. spread over 150 hectares of beautiful tropical paradise, the Tambaba Resort is based on the highly successful European Centre Parcs resorts with a wealth of resort amenities including aquatic water park, restaurants, sports facilities, nature trails, craft centres and even a Cachaca production area to name a few.

Brazilians have already purchased 40% of the resorts properties, and now a limited amount of these 450m2 premium Brazil land plots are now for sale to international investors with an initial investment of only

Why Are Brazilian’s Heading To the North Beaches for Investment Opportunities?

Wednesday, September 1st, 2010

If you are looking for the ultimate beach paradise then slap on the sun cream, slip on the Havianas and follow those in the know to find out about the best beaches in Brazil.

For most Brazilians, the beach is an extension of their casa. A place to kick back and relax after a long days work, somewhere to grab a bite to eat, a place to meet with friends and family and of course practice the ubiquitous soccer skills. But don’t think that just any beach will do. Brazilians take their choice of beach very seriously, only frequenting the very best praias even if they ahve to travel to get there.

Brazil has experienced a substantial increase in domestic tourism in recent years, fuelled by consistent economic growth and rising incomes. Each year millions of Brazilians take advantage of the natural treasures that Brazil has to offer with the north east region an especially a popular destination for the affluent megacity dwellers of Rio de Janeiro, Brasilia, & Sao Paulo

Comprising some 9 states, the north east coastline regularly tops the charts of the best beaches in Brazil, and even the world, with secluded, white sandy beaches gliding into the warm waters of the Atlantic.

As Steven Worboys, MD of Brazil property consultants Experience International, enthuses,

“The state of Paraiba, features a number of beach paradises such as Tambaba, Coquerinho, Praia Bella and Tabatinga. Improvements to the roads and infrastructure have increased accessibility to these beaches from the nearby cities of Joao Pessoa and Recife yet despite the rise in popularity they still retain their local charm and character.”

A Brazilian hidden gem, Tambaba and the other beaches up until a few years ago were only just discovered by foreign visitors. Situated just 20km south of the historic city of Joao Pessoa and international airport, they are well known as four of the best beaches in Brazil with beautiful palms dotted across the coastline, 20m high coral reefs and soft golden sands. The best time to visit is between October and May when the temperatures regularly top 30˚C and the water is an inviting turquoise blue.

In response to increased demand both domestic and foreign tourism and in turn demand for accommodation, the development of a number of hotels, leisure facilities and holiday homes is currently underway. With capital growth rates in the region predicted at 25%, many clever investors are taking advantage of the potential in Tambaba and are investing early through buying plots of land in the area.

One five star eco-friendly resort being developed that is seeing high demand from not only from the domestic market (40% of plots have already been sold to Brazilian nationals) but also international buyers is the Tambaba Country Club Resort.

Covering some 150 hectares of prime land with over 15 hectares of preserved tropical forest within, Tambaba Country Club Resort is modelled on the highly successful European Centre Parcs concept with a fantastic array of on-site amenities including aquatic water park, restaurants, sports facilities, nature trails, craft centres and even a cachaca production area!

Currently investors can purchase 450m2 premium plots of Brazil land for sale for a small initial investment of only

Look To America’s Heart For A High Yielding Property Investment

Tuesday, August 31st, 2010

With the pounds value increasing to a 5 month high against the US Dollar and the amount of people looking for property to rent increasing due to continuing foreclosures, it looks like the opportunist time to invest in American properties remains very much open.

Over the past 1 and a half years a constant wave of foreign investors have snapped up BMV properties at very low prices with the states of Florida and Michigan receiving the lions share of interest however now, as these markets stabilise in line with national economic recovery, clever investors are seeking the next buy-to-let destination.

And it is the Heartland of America that is attracting attention. The mid-western states of Ohio and Missouri, home to the growing cities of St Louis, Kansas City, Toledo and Columbus, present a highly appealing investment destination with sustained demand for rental property generated by the large employment base and detached family homes available at as low as half the cost to replacement build.

Steven Worboys, MD of USA property investment experts, Experience International, comments,

“There is a large demand for rental property from working families in the mid-western cities such as St Louis and Toledo. Up to half of the residents in St Louis rent their homes with most of them seeking detached family homes. Property prices in these cities are well below the national average of $182,600 (Zillow.com) and investors can anticipate rental incomes of up to 12.5% in addition to capital gain.”

Combined these cities hold a population in excess of 6 million and have faired the economic storm better than a lot of other higher profile cities. According to the U.S. Department of Labor, Kansas City has held a lower unemployment rate than the national rate with the healthcare and service industries replacing most jobs lost in the manufacturing sector and Columbus has been ranked the nation’s 6th most stable market by Standard & Poor’s as well as one of the 10 safest real estate markets in the US by the P.M.I. Institute.

National Association of Realtors statistic’s showed that property prices in St Louis for the first quarter of 2010 were higher than the previous 12 months with appreciation at 15.1%, Toledo showed 13.3% appreciation, Columbus 6.3% and Kansas City 3.2% over the same period.

Worboys continues,

“Many believe that the entire US was affected to the same extent by the recession but this is just not the case. Yes some states experienced considerable unemployment and as a result thousands of foreclosed properties but a lot of states such as those in the Heartland due to diverse employment sectors avoided worst case scenarios and now as the economy shows continued albeit slow growth these cities are the first to recover.”

It is this recovery that savvy foreign investors are keen to take advantage from. this attractive USA property investment market. With 3 bedroom detached family homes available from as little as $24,500 with 50% Loan to value.Fully refurb’drefurbished properties in sought after locations can expect to generate up to $860 per month in rental revenue and are sold with tenants already in place on long-term leases. 1 year’s home maintenance is also included and investors canbenefit from exclusive finance packages at the moment.

To find out more about investing in real estate in the Heartland of the USA then contact the experts at Experience International on + 44 (0) 207 321 5858 or visit Experience-International.co.uk.

Istanbul Apartment Are a Very Attractive Investment!

Wednesday, August 11th, 2010

Turkey is still bucking global trends with GDP growth rates of 12% recorded for Q1 2010, domestic banks increasing the availability of credit by up to 30% and the levels of foreign direct investment in Istanbul are up by 27% according to the Istanbul Chamber of Commerce (ITO).

Turkey’s second city and economic powerhouse, Istanbul, has evolved into a very attractive destination for international investors with the number of international investors planning to set up businesses or grow their activities in Istanbul by over 6% in the first half of 2010 (compared to the second half of 2009). The ITO released data also revealed a 27.16% increase in the total value of these investments for the same period.

Steven Worboys, MD of the UK based Istanbul property investment experts, Experience International, comments,

“Istanbul has turned out to be one of our most successful property investment opportunities of 2010. We have clients from not only the UK but South Africa, Australia, Ireland, Scandinavia and the UAE all taking advantage of Istanbul’s significant housing shortage and investing in the domestic property market.”

In the first half of 2010 over 1,400 foreign investors established companies within Istanbul with the total value of capital investments made in this period up by a massive 44.68% compared to the last half of 2009.

As Worboys remarks,

“International investor confidence in Turkey and especially Istanbul remains high. Being situated outside the troubled euro zone is of great appeal and Turkey appears to have side-stepped the negative effects from neighbouring Greece.”

Gross Domestic product forecasts for the rest of 2010 currently sit at a healthy 6-7% and with additional support for candidacy from the British Prime Minister, David Cameron, on his recent visit, accession to the EU seems increasingly more likely for Turkey.

For those interested in investing in Istanbul then one particular opportunity should not be missed.

No1 Knightsbridge currently offers 1, 2 and 3 bedroom luxury Istanbul apartments situated in the up and coming suburb of Beylikduzu, on the European side of the city. Currently Istanbul has a housing shortage of some 250,000 units a year and so the demand for quality rental accommodation is high. Only 20% of units are available to overseas buyers and can be purchased from as low as

Calabria Property Attracts Hollywood Star

Monday, July 19th, 2010

Included in recent Italian media reports, Hollywood superstar Mel Gibson is looking to buy a property in Italy’s best kept secret – the southern region of Calabria.

While directing the Passions of the Christ movie, Mel became attracted by the stunning scenery when filming in the nearby medieval town of Matera and as stated in the celebrity news site is looking for a more permanent base in the area.

Keen to meet the alleged Calabria property needs of the Hollywood star, the mayor of San Lorenzo del Vallo, a little town in the north of Calabria, has suggested a 600 year old castle with 13,000 square meters of land of which Gibson could be king.

And it’s easy to see why he could be tempted. Located on the “toe” of Italy, Calabria is a region of amazing beauty with miles of picturesque pristine sandy beaches, warm Mediterranean climate, clear turquoise blue waters, imposing mountains, tranquil lakes and rolling hills. Rich in culture & history, it offers the traditional dolce vita and is a very desirable second home destination as well as relocation destination.

If you can’t quite afford an A list budget then don’t worry,prices for Calabria properties are still affordable with a great selection of completed turn key and off plan homes available.

A brand new development of apartments in the beautiful village of Lorica in the Sila Mountains called Porcino Silano have apartments available from as little as €87,000. Alternatively if you desire more seclusion and privacy then the Porcino Silano boutique 1 and 2 bedroom apartments located in the stunning Sila Mountains, only 300 meters from the lake, can be brought for the same price, only €87,000.

For additional information about buying property in Italy’s best kept secret – Calabria – then contact the experts at Experience International call + 44 (0) 207 321 5858 or go to Experience-International.com.