A Lens on Overseas Investment Prospects
This lens is a staging post for David Stanley Redfern Ltd press releases. David Stanley Redfern Ltd is an overseas property specialist -- the first place you look to buy a luxury property abroad for a great price. Most properties are exclusive to David Stanley Redfern Ltd -- working directly with developers in more than forty countries gives them an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
Canada%u2019s Resilient Property Market
It wasn't so long ago that when the US caught a cold, Canada caught pneumonia. But Canada's financial prudence has helped it sidestep the sharp home price declines being experienced in countries including the US, Britain and Spain.
In the past decade, prices of existing homes in Canada have risen by about 55 per cent, while new-home prices have risen by about 27 per cent. Most economists are forecasting a small increase in prices this year despite the turbulence next door.
It is indeed a much different story in the US, where home prices dropped by 14.1 percent year over year in the first quarter of 2008; a record price decline occurring five times faster than the last US housing recession.
But unlike the US, Canada's housing boom was the result of supply catching up with pent-up demand that followed the downturn of the late 1980s and early 1990s. And the country's conservative mortgage culture has helped protect Canada from the excesses seen during the US boom where subprime mortgages have crunched the market.
Canada is in fact posting a very different scenario. And Sheryl Kennedy, Canada's central bank's deputy governor, said this week: "The Canadian housing market does not appear to be characterized by excess supply at this time. The proportion of unoccupied, newly built dwellings in most cities remains below historical averages, suggesting that a major widespread reversal in house prices is unlikely in the near term."
David Stanley Redfern Ltd has two properties in Canada. The Rouge River Development is part of a resort voted best in Quebec eight years running.
Investors can choose from a selection of land plots on which to construct a custom designed property or new lodge or chalet. Around 100 miles of the Rouge River runs through the resort, with fantastic trout fishing, kayaking, canoeing and white water rafting. While a 100 mile bicycle track weaves through the forest along the river bank, through the woods. In winter the bicycle track becomes a cross country ski and skidoo trail.
In Toronto, David Stanley Redfern Ltd, has a new property designed by world renowned architect Peter Clewes. The Pier at Queens Quay is an innovative pair of 12 storey towers topped with a three level bridge containing dramatically different penthouse suites.
All units will have a large balcony, or terrace, and residents will have access to extensive indoor and outdoor facilities including swimming pool with cabanas and panoramic views of the lake.
Toronto is one of the only places in the world where rental yields rise in line with property size, and Canada is the only established market in the world which has average yields of around 8 percent.
Find out more about Canada property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
In the past decade, prices of existing homes in Canada have risen by about 55 per cent, while new-home prices have risen by about 27 per cent. Most economists are forecasting a small increase in prices this year despite the turbulence next door.
It is indeed a much different story in the US, where home prices dropped by 14.1 percent year over year in the first quarter of 2008; a record price decline occurring five times faster than the last US housing recession.
But unlike the US, Canada's housing boom was the result of supply catching up with pent-up demand that followed the downturn of the late 1980s and early 1990s. And the country's conservative mortgage culture has helped protect Canada from the excesses seen during the US boom where subprime mortgages have crunched the market.
Canada is in fact posting a very different scenario. And Sheryl Kennedy, Canada's central bank's deputy governor, said this week: "The Canadian housing market does not appear to be characterized by excess supply at this time. The proportion of unoccupied, newly built dwellings in most cities remains below historical averages, suggesting that a major widespread reversal in house prices is unlikely in the near term."
David Stanley Redfern Ltd has two properties in Canada. The Rouge River Development is part of a resort voted best in Quebec eight years running.
Investors can choose from a selection of land plots on which to construct a custom designed property or new lodge or chalet. Around 100 miles of the Rouge River runs through the resort, with fantastic trout fishing, kayaking, canoeing and white water rafting. While a 100 mile bicycle track weaves through the forest along the river bank, through the woods. In winter the bicycle track becomes a cross country ski and skidoo trail.
In Toronto, David Stanley Redfern Ltd, has a new property designed by world renowned architect Peter Clewes. The Pier at Queens Quay is an innovative pair of 12 storey towers topped with a three level bridge containing dramatically different penthouse suites.
All units will have a large balcony, or terrace, and residents will have access to extensive indoor and outdoor facilities including swimming pool with cabanas and panoramic views of the lake.
Toronto is one of the only places in the world where rental yields rise in line with property size, and Canada is the only established market in the world which has average yields of around 8 percent.
Find out more about Canada property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Invest in Albania's Long-Term Growth and Stability
Albania's government has told the International Herald Tribune that it has taken out a 66.2 million euro loan from the Japanese government to modernise and overhaul its canal system and build a sewage treatment plant. The deal, which gives Albania a forty year period to repay the loan, was signed June 30 2008.
This is just the latest in a series of major financial commitments made by the Albanian government, including a 25million euro loan from Austria at the beginning of last month to help Albania meet its requirements for EU entry, and another major loan taken by the Duress port authority from the European Bank for Reconstruction and Development to renovate the existing quays and build a new terminal at Albania's largest port.
All loans taken out by Albania are directed at improving the country's infrastructure with a view to aiding its flourishing track record for economic growth, which has been almost constant since it left Communism behind in 1992. It is a testament to Albania's economic performance since 1992 that it is taking out loans as oppose to receiving grants, it has had the economic power to take out such loans since the World Bank upped its designation to a middle-income country in 2007.
The Albanian government has an exemplary record for managing the country's economy, maintaining strong growth while keeping inflation low. The fact that it is taking out these major loans is a major indication of their forecast for the Albanian economy, which they clearly expect to continue growing strongly. And they are not the only ones; David Stanley Redfern's head of international research Liam Bailey, said:
"Albania is one of the best places in the world to make a long-term property investment, not only is the government proving their competence time and time again by generating substantial economic growth in its own right while maintaining low inflation. But Albania is all set to become a full member of the EU in 2014, EU loans during this period will bolster the economy and continually aide schemes to develop the infrastructure, which then aides further economic growth, and then Albania's economy will be further boosted by reduced trade tariffs, repatriations from Albanian's going abroad to work, and a whole host of other benefits of EU membership."
One impressive factor that has come from Albania's economic growth of this decade is that a quarter of the population's poorest were brought out of poverty between 2002 and 2006, and unemployment continues to fall, at the same time as wages rise.
As Albania's internal wealth and affluence continues to rise, living costs rise, and property values are continuously pushed up. But another benefit is that there will be plenty of Albanian's looking for homes, when investors decide to collect on their long-term investment gains. All round Albania is perfect.
Find out more about Albania and property investment.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
This is just the latest in a series of major financial commitments made by the Albanian government, including a 25million euro loan from Austria at the beginning of last month to help Albania meet its requirements for EU entry, and another major loan taken by the Duress port authority from the European Bank for Reconstruction and Development to renovate the existing quays and build a new terminal at Albania's largest port.
All loans taken out by Albania are directed at improving the country's infrastructure with a view to aiding its flourishing track record for economic growth, which has been almost constant since it left Communism behind in 1992. It is a testament to Albania's economic performance since 1992 that it is taking out loans as oppose to receiving grants, it has had the economic power to take out such loans since the World Bank upped its designation to a middle-income country in 2007.
The Albanian government has an exemplary record for managing the country's economy, maintaining strong growth while keeping inflation low. The fact that it is taking out these major loans is a major indication of their forecast for the Albanian economy, which they clearly expect to continue growing strongly. And they are not the only ones; David Stanley Redfern's head of international research Liam Bailey, said:
"Albania is one of the best places in the world to make a long-term property investment, not only is the government proving their competence time and time again by generating substantial economic growth in its own right while maintaining low inflation. But Albania is all set to become a full member of the EU in 2014, EU loans during this period will bolster the economy and continually aide schemes to develop the infrastructure, which then aides further economic growth, and then Albania's economy will be further boosted by reduced trade tariffs, repatriations from Albanian's going abroad to work, and a whole host of other benefits of EU membership."
One impressive factor that has come from Albania's economic growth of this decade is that a quarter of the population's poorest were brought out of poverty between 2002 and 2006, and unemployment continues to fall, at the same time as wages rise.
As Albania's internal wealth and affluence continues to rise, living costs rise, and property values are continuously pushed up. But another benefit is that there will be plenty of Albanian's looking for homes, when investors decide to collect on their long-term investment gains. All round Albania is perfect.
Find out more about Albania and property investment.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
The Philippines: Ten Percent Capital Appreciation in just a few days
Construction costs in the Philippines are expected to increase by more than 35 percent this year due to record oil, steel, cement and global shipping prices on the back of US Dollar devaluation.
Nearly all construction materials used in the development of Philippine high-rise buildings are imported. With the strong depreciation of the US Dollar value in the South-East Asia combined with record high oil prices that may see crude hit 150/160 USD per barrel in July and August 2008, construction materials exported from China, Korea, Malaysia and Taiwan, together with their shipping costs, continue to increase in price at a phenomenal rate as exporters of steel reinforcement bars, electrical wirings, aluminium, copper based components and Portland cement in the region are set for upwards of 40/50 percent price increases.
Developers of the Lancaster The Atrium Towers in Manila stated they would increase prices of apartments by 10 percent, effective July 16 2008, but clients who reserve now through David Stanley Redfern Ltd can take advantage of current prices and see an immediate return on their investment. Not to mention obtaining 70% interest free non status finance.
This is the perfect opportunity to get into a hot market as Philippines property is expected to grow in value by no less than 24 percent for the next five years and possibly even more in the next 2-3 years.
Philippines GDP has been rising by over 5 percent year-on-year and Manila has fast become a major S.E Asian trading post and is no competing against Bangkok as the commercial gateway to the East.
And despite the high prices of foreign imports such as oil hitting the economy - economic growth is expected to slow between 5.2-6.2 percent this year - property prices in the Philippines are being kept buoyant by a huge housing backlog, low interest rates, friendly payment terms, higher incomes of workers in the growing outsourcing industry, and a rising expatriate population.
The housing backlog of 3.8 million units, in particular, has left 70 percent of the country's estimated 90 million population without their own home. This is the big difference between now, and the property boom before the Asian crisis of 1997-98. The demand for housing is not speculative; it is not investor driven; but rather end-user demand driven; a specific demand that is being addressed.
And despite the rising costs, construction continues to boom across much of the country, especially in Manila, a mostly low-rise city where dozens of residential towers are beginning to dot the skyline; at least 38,000 new apartments will be available by 2013 in the Makati financial district and in nearby Bonifacio Global City alone.
It is in Makati that The Lancaster the Atrium Towers are situated, in the heart of the central business district. Off plan prices per m2 in this district have grown by 40% in the last 24 months and the property promises higher than average yields of around 12 percent.
But by buying through the overseas property specialists, David Stanley Redfern Ltd, investors now have the chance to see a return of 10 percent capital appreciation in just a few days.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Nearly all construction materials used in the development of Philippine high-rise buildings are imported. With the strong depreciation of the US Dollar value in the South-East Asia combined with record high oil prices that may see crude hit 150/160 USD per barrel in July and August 2008, construction materials exported from China, Korea, Malaysia and Taiwan, together with their shipping costs, continue to increase in price at a phenomenal rate as exporters of steel reinforcement bars, electrical wirings, aluminium, copper based components and Portland cement in the region are set for upwards of 40/50 percent price increases.
Developers of the Lancaster The Atrium Towers in Manila stated they would increase prices of apartments by 10 percent, effective July 16 2008, but clients who reserve now through David Stanley Redfern Ltd can take advantage of current prices and see an immediate return on their investment. Not to mention obtaining 70% interest free non status finance.
This is the perfect opportunity to get into a hot market as Philippines property is expected to grow in value by no less than 24 percent for the next five years and possibly even more in the next 2-3 years.
Philippines GDP has been rising by over 5 percent year-on-year and Manila has fast become a major S.E Asian trading post and is no competing against Bangkok as the commercial gateway to the East.
And despite the high prices of foreign imports such as oil hitting the economy - economic growth is expected to slow between 5.2-6.2 percent this year - property prices in the Philippines are being kept buoyant by a huge housing backlog, low interest rates, friendly payment terms, higher incomes of workers in the growing outsourcing industry, and a rising expatriate population.
The housing backlog of 3.8 million units, in particular, has left 70 percent of the country's estimated 90 million population without their own home. This is the big difference between now, and the property boom before the Asian crisis of 1997-98. The demand for housing is not speculative; it is not investor driven; but rather end-user demand driven; a specific demand that is being addressed.
And despite the rising costs, construction continues to boom across much of the country, especially in Manila, a mostly low-rise city where dozens of residential towers are beginning to dot the skyline; at least 38,000 new apartments will be available by 2013 in the Makati financial district and in nearby Bonifacio Global City alone.
It is in Makati that The Lancaster the Atrium Towers are situated, in the heart of the central business district. Off plan prices per m2 in this district have grown by 40% in the last 24 months and the property promises higher than average yields of around 12 percent.
But by buying through the overseas property specialists, David Stanley Redfern Ltd, investors now have the chance to see a return of 10 percent capital appreciation in just a few days.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Montenegro Property Flying High
Montenegro airlines have started a scheduled service from Gatwick. This bodes well for the country's booming tourism industry and is great news for property investors.
Instead of having to fly chartered or via Croatia to enter Montenegro, British visitors can now take affordable scheduled flights from an accessible UK airport.
The World Travel and Tourism Council has predicted that Montenegro will become the fastest growing travel and tourism economy in the world, and the advent of more direct flights to the country takes it one step closer to achieving this.
The Montenegrin Ministry of Tourism has already announced that tourist arrivals grew six percent on the same period last year. And according to estimates, 1.3 million tourists will visit Montenegro before the end of the year, a 13 percent increase on last year's 1.15 million total.
Montenegro is also a nation with a healthy property market; one that is bucking the global downturn. There has been huge upward pricing of 26 percent for prime property in Montenegro, and property is expected to grow in value by 15-20 percent per year, and possibly reach growth of even 30 percent per year as Montenegro progresses towards full EU accession. The influx of EU money to develop infrastructure, tourism and other industry sectors is just another boost for a property sector that is expected to enjoy sustained growth for the next 5-10 years.
Rental yields of 6 percent are already been achieved, but higher yields of around 10 percent are being seen in the coastal areas. David Stanley Redfern Ltd's Acacia apartments are towards the top of the village of Djenovici, set on a hill covered in olive trees and mimosa flowers, with stunning views of the Bay of Kotor, the wilderness of the Lustica peninsular and the snow-covered majesty of Mount Lovcen. With red sloping roofs and shutters, large balconies and terraces as well as communal piazzas; the development is designed in the style of a typical Venetian village. Surrounding the buildings are large landscaped gardens, the focus of which is a raised terrace with large swimming pool and café.
The overseas property specialists' off-plan apartments in the village of Zambelici are also located on the beautiful peninsular of Lustica. The development is situated in a tranquil area 1800 meters from the sea and the beautiful unspoilt beaches of Mirista. All apartments have air conditioning and heating; fitted bathroom; kitchen; communal swimming pool; onsite parking; double glazed pvc windows and large sea-facing terraces affording beautiful views across the open sea. Prices start from £50,000.
Find out more about Montenegro property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Instead of having to fly chartered or via Croatia to enter Montenegro, British visitors can now take affordable scheduled flights from an accessible UK airport.
The World Travel and Tourism Council has predicted that Montenegro will become the fastest growing travel and tourism economy in the world, and the advent of more direct flights to the country takes it one step closer to achieving this.
The Montenegrin Ministry of Tourism has already announced that tourist arrivals grew six percent on the same period last year. And according to estimates, 1.3 million tourists will visit Montenegro before the end of the year, a 13 percent increase on last year's 1.15 million total.
Montenegro is also a nation with a healthy property market; one that is bucking the global downturn. There has been huge upward pricing of 26 percent for prime property in Montenegro, and property is expected to grow in value by 15-20 percent per year, and possibly reach growth of even 30 percent per year as Montenegro progresses towards full EU accession. The influx of EU money to develop infrastructure, tourism and other industry sectors is just another boost for a property sector that is expected to enjoy sustained growth for the next 5-10 years.
Rental yields of 6 percent are already been achieved, but higher yields of around 10 percent are being seen in the coastal areas. David Stanley Redfern Ltd's Acacia apartments are towards the top of the village of Djenovici, set on a hill covered in olive trees and mimosa flowers, with stunning views of the Bay of Kotor, the wilderness of the Lustica peninsular and the snow-covered majesty of Mount Lovcen. With red sloping roofs and shutters, large balconies and terraces as well as communal piazzas; the development is designed in the style of a typical Venetian village. Surrounding the buildings are large landscaped gardens, the focus of which is a raised terrace with large swimming pool and café.
The overseas property specialists' off-plan apartments in the village of Zambelici are also located on the beautiful peninsular of Lustica. The development is situated in a tranquil area 1800 meters from the sea and the beautiful unspoilt beaches of Mirista. All apartments have air conditioning and heating; fitted bathroom; kitchen; communal swimming pool; onsite parking; double glazed pvc windows and large sea-facing terraces affording beautiful views across the open sea. Prices start from £50,000.
Find out more about Montenegro property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Germany a stable and safe investment
While house prices in many industrialised countries have shot-up at staggering rates Germany's housing market has remained stagnant; an average detached house in Germany costs virtually the same as it did 10 years ago. Now investors, lured by remarkably low prices, are snapping up German real estate, especially in Berlin.
To understand why Germany's market has remained stagnant while others have climbed to dizzying heights, one has to go back to the 1990s. In June 1991, eight months after reunification, a law designed to revive the economy of former East Germany, called the Fördergebietsgesetz, came into force. It offered incredibly generous tax incentives to property investors: Anyone who renovated or built real estate in the former East or Berlin, could write off the entire cost of the investment from their taxable income over 10 years.
Many wealthy West Germans leapt at this once-in-a-life-time opportunity, pouring money into real estate, and buoyed by the generous tax breaks they helped create a real estate bubble. Effectively, the tax incentives were so generous that people over-invested; in the rush to take advantage of this incredible tax break, many investors forget to ask themselves whether there really was demand for the property they were building and renovating, or not.
When the tax incentives expired in 1998 it was clear investors had built over and above market demand. And as the housing market bubble burst, investor exuberance turned to gloom. So while other Western countries experienced their own bubbles (and bursts) in the last few years, Germany has remained immunized against the euphoria over house price rises that gripped many Western industrialised countries.
Admittedly, Germany also struggled with periods of sluggish economic growth in the last decade - actually going into recession in 2001 - and has seen record unemployment. And as the German economy has recovered in the last few years, so too has the country's housing market. Since 2004 the price of buy-to-let flats in big cities has especially increased.
Yet because the international housing market boom bypassed Germany, property has become relatively cheap - a fact that hasn't gone unnoticed by large-scale property investors. The German market now looks like a dream opportunity for investors. Prices are low compared to many other European countries, and home ownership is one of the lowest in the industrialised world.
The incredibly low home-ownership rate of 43 percent -12 percent in Berlin - presents a unique opportunity: Rents, which have been kept artificially low by large public housing companies that once owned large swathes of housing, are likely to rise as state governments are forcing these companies to sell property in order to offload some of the states' debts. And as rents rise, more people will want to buy their own homes. On top of that, too few new homes are being built to meet future demand.
There is going to be a shortage of housing, and this shortage will mean rents will have to rise. As they do so it becomes more economical for people to invest in housing, and so Germany will see rising prices as well as rising rents.
This isn't going to happen overnight however, and is likely to take 3-5 years to follow through, but those looking at a safe, stable and strong investment before the boom in Berlin should contact David Stanley Redfern Ltd.
Find out more about German property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
To understand why Germany's market has remained stagnant while others have climbed to dizzying heights, one has to go back to the 1990s. In June 1991, eight months after reunification, a law designed to revive the economy of former East Germany, called the Fördergebietsgesetz, came into force. It offered incredibly generous tax incentives to property investors: Anyone who renovated or built real estate in the former East or Berlin, could write off the entire cost of the investment from their taxable income over 10 years.
Many wealthy West Germans leapt at this once-in-a-life-time opportunity, pouring money into real estate, and buoyed by the generous tax breaks they helped create a real estate bubble. Effectively, the tax incentives were so generous that people over-invested; in the rush to take advantage of this incredible tax break, many investors forget to ask themselves whether there really was demand for the property they were building and renovating, or not.
When the tax incentives expired in 1998 it was clear investors had built over and above market demand. And as the housing market bubble burst, investor exuberance turned to gloom. So while other Western countries experienced their own bubbles (and bursts) in the last few years, Germany has remained immunized against the euphoria over house price rises that gripped many Western industrialised countries.
Admittedly, Germany also struggled with periods of sluggish economic growth in the last decade - actually going into recession in 2001 - and has seen record unemployment. And as the German economy has recovered in the last few years, so too has the country's housing market. Since 2004 the price of buy-to-let flats in big cities has especially increased.
Yet because the international housing market boom bypassed Germany, property has become relatively cheap - a fact that hasn't gone unnoticed by large-scale property investors. The German market now looks like a dream opportunity for investors. Prices are low compared to many other European countries, and home ownership is one of the lowest in the industrialised world.
The incredibly low home-ownership rate of 43 percent -12 percent in Berlin - presents a unique opportunity: Rents, which have been kept artificially low by large public housing companies that once owned large swathes of housing, are likely to rise as state governments are forcing these companies to sell property in order to offload some of the states' debts. And as rents rise, more people will want to buy their own homes. On top of that, too few new homes are being built to meet future demand.
There is going to be a shortage of housing, and this shortage will mean rents will have to rise. As they do so it becomes more economical for people to invest in housing, and so Germany will see rising prices as well as rising rents.
This isn't going to happen overnight however, and is likely to take 3-5 years to follow through, but those looking at a safe, stable and strong investment before the boom in Berlin should contact David Stanley Redfern Ltd.
Find out more about German property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Under-Supply of Koh Samui Property Drives up Prices
Under-supply of resort property on Thai islands like Koh Samui and Phuket is generating substantial growth in their respective resale markets. The under-supply has been caused because of developer's reluctance to go ahead with new projects in case government restrictions on foreign ownership hinder sales. It is hoped that the government will soon raise the percentage of property that can be bought by foreigners.
None the less the under-supply presents investors with a fantastic opportunity. The under-supply is primarily on condos and apartments, but has stunted sales, which means there are still some great developments to choose from. Significant resale price growth is another arm to the opportunity presented by off-plan property, because the immediate value rise on completion is all the greater.
Liam Bailey, head of international research for overseas property specialists David Stanley Redfern had this to say about the Koh Samui opportunity:
"The latest news from Koh Samui does nothing more than make it an even better opportunity. Luxury villa prices rose by 50% per year in 2006 and 2007, and have always been expected to continue growing strongly. The current under-supply issues will only serve to maintain high demand, or even cause demand to grow for luxury resort property on the tropical island with some of the world's best unspoilt white sandy beaches."
As far as off-plan opportunities go, David Stanley Redfern's Maenam Hills development on Koh Samui is one of the best in the world.
Maenam Hills consists of 2 bedroom off-plan resort villas priced from only £100,000. The great thing is that the developer is offering non-status 50% LTV interest free finance on the villas over a period of 48 months, on the spacious villas. The Maenam Hills villas also come with a 6%p.a. uncapped rental guarantee for the first two years.
David Stanley Redfern are also marketing off-plan apartments on Koh Samui. The Siranya development offers 2 bedroom apartments with sea-views and rental management from just £103,000. The expected yield is 8% for owners who take rental management on their property, and the development also has a restaurant, clubhouse and spa.
Find out more about Koh Samui property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
None the less the under-supply presents investors with a fantastic opportunity. The under-supply is primarily on condos and apartments, but has stunted sales, which means there are still some great developments to choose from. Significant resale price growth is another arm to the opportunity presented by off-plan property, because the immediate value rise on completion is all the greater.
Liam Bailey, head of international research for overseas property specialists David Stanley Redfern had this to say about the Koh Samui opportunity:
"The latest news from Koh Samui does nothing more than make it an even better opportunity. Luxury villa prices rose by 50% per year in 2006 and 2007, and have always been expected to continue growing strongly. The current under-supply issues will only serve to maintain high demand, or even cause demand to grow for luxury resort property on the tropical island with some of the world's best unspoilt white sandy beaches."
As far as off-plan opportunities go, David Stanley Redfern's Maenam Hills development on Koh Samui is one of the best in the world.
Maenam Hills consists of 2 bedroom off-plan resort villas priced from only £100,000. The great thing is that the developer is offering non-status 50% LTV interest free finance on the villas over a period of 48 months, on the spacious villas. The Maenam Hills villas also come with a 6%p.a. uncapped rental guarantee for the first two years.
David Stanley Redfern are also marketing off-plan apartments on Koh Samui. The Siranya development offers 2 bedroom apartments with sea-views and rental management from just £103,000. The expected yield is 8% for owners who take rental management on their property, and the development also has a restaurant, clubhouse and spa.
Find out more about Koh Samui property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Costa Rica posts rising tourism figures
From January-May 2008 foreign arrivals to Costa Rica increased 16 percent from the same period in 2007, according to the Ministry of Tourism in San José.
The upswing represented an additional 133,000 foreign visitors over the period, taking the total to 987,000 arrivals.
The US remains the main country of origin, accounting for 54 percent of arrivals, followed by Europe with 17 percent.
The Ministry of Tourism stated that recession in the US had not affected the propensity of high and middle income earners visiting Costa Rica. Nor have increased airline prices dissuaded European travellers.
While the world economics forum has ranked Costa Rica as the number one nation in Latin America in terms of tourism - the second successive year that Costa Rica has occupied top spot.
Costa Rica registered 1.9 million foreign visitors in 2007, generating US$1.92 billion in tourism receipts.
And research from the overseas property specialist, David Stanley Redfern Ltd, shows that despite Costa Rica's semi-mature market, wisely chosen property has plenty of growth potential.
The country's diverse economy is one of the strongest in Latin America and is likely to continue growing irrespective of global markets - the World Economic Forum has just ranked Costa Rica as the second most favourable Latin American country in terms of trade.
Add to this Costa Rica's huge tourism industry and property can be expected to grow by more than 15 percent in the coming years, and possibly by as much as 20-25 percent per year for the next three. The large number of tourist arrivals means property is likely to fetch rental yields of 10 percent or more.
David Stanley Redfern Ltd offers property only 90 minutes from San Jose's international airport, on Jaco Beach. Planned by talented designers, the development boasts contemporary architecture inspired by the concepts of tropical minimalism and is one of the few beach front properties in Costa Rica that is fully titled. Due to recent government regulations it is also likely to be the only property on the beach.
Find out more about Costa Rican property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
The upswing represented an additional 133,000 foreign visitors over the period, taking the total to 987,000 arrivals.
The US remains the main country of origin, accounting for 54 percent of arrivals, followed by Europe with 17 percent.
The Ministry of Tourism stated that recession in the US had not affected the propensity of high and middle income earners visiting Costa Rica. Nor have increased airline prices dissuaded European travellers.
While the world economics forum has ranked Costa Rica as the number one nation in Latin America in terms of tourism - the second successive year that Costa Rica has occupied top spot.
Costa Rica registered 1.9 million foreign visitors in 2007, generating US$1.92 billion in tourism receipts.
And research from the overseas property specialist, David Stanley Redfern Ltd, shows that despite Costa Rica's semi-mature market, wisely chosen property has plenty of growth potential.
The country's diverse economy is one of the strongest in Latin America and is likely to continue growing irrespective of global markets - the World Economic Forum has just ranked Costa Rica as the second most favourable Latin American country in terms of trade.
Add to this Costa Rica's huge tourism industry and property can be expected to grow by more than 15 percent in the coming years, and possibly by as much as 20-25 percent per year for the next three. The large number of tourist arrivals means property is likely to fetch rental yields of 10 percent or more.
David Stanley Redfern Ltd offers property only 90 minutes from San Jose's international airport, on Jaco Beach. Planned by talented designers, the development boasts contemporary architecture inspired by the concepts of tropical minimalism and is one of the few beach front properties in Costa Rica that is fully titled. Due to recent government regulations it is also likely to be the only property on the beach.
Find out more about Costa Rican property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Asia's Branded Condotels: DSR Take the Good and Leave the Bad
A new trend is currently sweeping Asia's property investment scene: branded condo-hotels, where investors are paying more than the market value for the safety and marketing power of global corporation branding. David Stanley Redfern have not been left behind, having just added two such developments in the Philippines to their books, but with one key difference, the properties are not priced above their market value.
The Ultima Residencies Ramos Tower offers fully serviced, and fully managed studio apartments from just £15,000 - clearly not above market value given their location amid the Cebu real estate boom. In typical Condotel style, owners can choose to take the rental guarantee, in which their condo becomes part of the hotel, and part of the income pooling scheme. Participants get 30 days free use of their condo and are still expected to receive a 12% rental yield, based on 60% occupancy of the remaining 335 days.
The second Condotel development added to the David Stanley Redfern portfolio is on the lush tropical island of Boracay. Near the vibrant station 2, in close proximity to all the bars, nightspots and other amenities, as well as 2 beaches and the police station, the Crown Regency resort offers studio apartments from £51,000.
Liam Bailey, head of international research for David Stanley Redfern explained why the new Condotels are becoming so popular:
"The new wave of Condotel popularity sweeping Asia is really no surprise. Many of today's property investors are young people making holiday home investments, branded Condotels offer the perfect hassle free holiday home investment."
"There is also absolutely no risk with the investments," he continued "because the size of the brand you are buying into gives security with regards that the building will definitely be completed, while the level of research that they will have done into the market before deciding to build there means that buyers can bank on them achieving high occupancy, and thus decent rental yields for them.
"There is also no danger of them losing their money, because as part of the agreement, you can sell back to the hotel after an agreed period for the price you paid, or let them put it on the open market, or do the latter yourself. So, if the property has grown in value, you sell and collect the profit, but if the resale market has dropped you can take out the money you put in and live to fight another day."
Find out more about Philippine properties.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
The Ultima Residencies Ramos Tower offers fully serviced, and fully managed studio apartments from just £15,000 - clearly not above market value given their location amid the Cebu real estate boom. In typical Condotel style, owners can choose to take the rental guarantee, in which their condo becomes part of the hotel, and part of the income pooling scheme. Participants get 30 days free use of their condo and are still expected to receive a 12% rental yield, based on 60% occupancy of the remaining 335 days.
The second Condotel development added to the David Stanley Redfern portfolio is on the lush tropical island of Boracay. Near the vibrant station 2, in close proximity to all the bars, nightspots and other amenities, as well as 2 beaches and the police station, the Crown Regency resort offers studio apartments from £51,000.
Liam Bailey, head of international research for David Stanley Redfern explained why the new Condotels are becoming so popular:
"The new wave of Condotel popularity sweeping Asia is really no surprise. Many of today's property investors are young people making holiday home investments, branded Condotels offer the perfect hassle free holiday home investment."
"There is also absolutely no risk with the investments," he continued "because the size of the brand you are buying into gives security with regards that the building will definitely be completed, while the level of research that they will have done into the market before deciding to build there means that buyers can bank on them achieving high occupancy, and thus decent rental yields for them.
"There is also no danger of them losing their money, because as part of the agreement, you can sell back to the hotel after an agreed period for the price you paid, or let them put it on the open market, or do the latter yourself. So, if the property has grown in value, you sell and collect the profit, but if the resale market has dropped you can take out the money you put in and live to fight another day."
Find out more about Philippine properties.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
David Stanley Redfern Ltd Reveal Investment Hotspots Part IV
This is the final part of the revelation of David Stanley Redfern Ltd research into global property markets. This will follow on from part III which revealed the top 2 long-term destinations, by revealing places 3rd-5th. You can read earlier parts of the series at the property investment research articles section of the DSR site.
3 - Montenegro:
Montenegro was one of the top tourism destinations during the 1980s, and since it split from Serbia and 2006, receiving a little help from featuring in the James Bond Casino Royale blockbuster shortly after, Montenegro's massively rising tourism puts it on course to regain its prominent position as a top tourism destination. Croatia's Mediterranean climate combined with its gorgeous beaches, and beautiful countryside made it a massively popular tourism destination, and property values quickly tripled in the space of 3-5 years. Montenegro has all the same strengths, and as it sees a similarly massive growth in tourism as it becomes the next hotspot for a cheap Mediterranean holiday, the indications are there for massive appreciation of Montenegro property prices. It is only in the long-term chart because its path to EU entry secures strong economic growth over the long-term.
4 - America:
This might seem like a strange one in the current climate, but you simply can't discount the massive economic machine that is the United States of America. Property values and the weak dollar make buying an American property a lot more affordable than it has been for a few years. And America's integral part in the global-economic infrastructure means it is almost inevitable that the American property market will bounce back, and then people who have taken advantage of the current situation will be in for great profits. This will happen over the short-term and has even begun in some states, but it's being difficult to predict accurately means anyone investing in US property should do so with the intention that there might be a substantial wait and even a drop in prices before they make any real gains, but when the recovery begins the gains are likely to be worth the wait.
5 - Italy:
Despite global turmoil the large majority of Italian property markets continue to remain largely stable, and many new areas are emerging and are currently strong property value growth. Italy will always be one of the most popular tourism destinations in the world, and the governments responsible attitude towards conserving its beauty by preventing over-development, ensures demand remains high for rental accommodation, off-plan and resale properties. This means that an Italian property investment is always going to be a safe one that will show solid and sustained growth over the long-term.
Find out more about the best property investment opportunities around the world.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
3 - Montenegro:
Montenegro was one of the top tourism destinations during the 1980s, and since it split from Serbia and 2006, receiving a little help from featuring in the James Bond Casino Royale blockbuster shortly after, Montenegro's massively rising tourism puts it on course to regain its prominent position as a top tourism destination. Croatia's Mediterranean climate combined with its gorgeous beaches, and beautiful countryside made it a massively popular tourism destination, and property values quickly tripled in the space of 3-5 years. Montenegro has all the same strengths, and as it sees a similarly massive growth in tourism as it becomes the next hotspot for a cheap Mediterranean holiday, the indications are there for massive appreciation of Montenegro property prices. It is only in the long-term chart because its path to EU entry secures strong economic growth over the long-term.
4 - America:
This might seem like a strange one in the current climate, but you simply can't discount the massive economic machine that is the United States of America. Property values and the weak dollar make buying an American property a lot more affordable than it has been for a few years. And America's integral part in the global-economic infrastructure means it is almost inevitable that the American property market will bounce back, and then people who have taken advantage of the current situation will be in for great profits. This will happen over the short-term and has even begun in some states, but it's being difficult to predict accurately means anyone investing in US property should do so with the intention that there might be a substantial wait and even a drop in prices before they make any real gains, but when the recovery begins the gains are likely to be worth the wait.
5 - Italy:
Despite global turmoil the large majority of Italian property markets continue to remain largely stable, and many new areas are emerging and are currently strong property value growth. Italy will always be one of the most popular tourism destinations in the world, and the governments responsible attitude towards conserving its beauty by preventing over-development, ensures demand remains high for rental accommodation, off-plan and resale properties. This means that an Italian property investment is always going to be a safe one that will show solid and sustained growth over the long-term.
Find out more about the best property investment opportunities around the world.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Cambodia: Rising tourism continues
Tourism to Cambodia has increased more than 14 percent in the year to May from the same period in 2007.
The Ministry of Tourism said Cambodia was on track to attract 2.3 million visitors this year, adding that political stability and infrastructure improvements had increased the number of tourist arrivals to the country. Some $1.64 billion is expected to be generated in 2008 from tourism alone.
Visitor numbers had already grown to 2 million in 2006, and rose a further 20 percent in 2007. This sustained and aggressive growth in the tourist sector, as well as booming construction, property and garment manufacturing sectors is helping the country's economy to enjoy near double-digit growth.
The real estate sector, in particular, is growing at a phenomenal rate and no more so than in the capital Phnom Penh where land doubled last year to $3,000 per square metre, up from just $500 in 2000. Add to this the growth in the tourism sector and rental yields in the city are also expected to grow.
Once known as the 'Pearl of Asia', Phnom Penh is a significant global and domestic tourist destination for Cambodia. The city is the wealthiest and most populous in the country, is its commercial, political and cultural hub and is home to more than two million people.
French villas along tree-lined boulevards remind the visitor of its colonist heritage, yet its oldest structure is the Wat Phnom from the founding days of the city, constructed in 1373. The French however, certainly left their mark and parts of the city are filled with colonial villas, French churches, boulevards, and famous landmarks such as the Art deco market Phsar Thom Thmei and the Hotel Le Royal.
Overseas specialists David Stanley Redfern Ltd are currently selling apartments in the chic riverside French quarter from as little as £49,000. Their authentic French colonial period buildings have been completely refurbished and modernised and are expected to appreciate by 15-20 percent per year. Due to demand, the developer is also offering a rental guarantee of 9 percent net for the first two years, making this a safe investment in an aggressively growing market.
Find out more about Cambodian property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
The Ministry of Tourism said Cambodia was on track to attract 2.3 million visitors this year, adding that political stability and infrastructure improvements had increased the number of tourist arrivals to the country. Some $1.64 billion is expected to be generated in 2008 from tourism alone.
Visitor numbers had already grown to 2 million in 2006, and rose a further 20 percent in 2007. This sustained and aggressive growth in the tourist sector, as well as booming construction, property and garment manufacturing sectors is helping the country's economy to enjoy near double-digit growth.
The real estate sector, in particular, is growing at a phenomenal rate and no more so than in the capital Phnom Penh where land doubled last year to $3,000 per square metre, up from just $500 in 2000. Add to this the growth in the tourism sector and rental yields in the city are also expected to grow.
Once known as the 'Pearl of Asia', Phnom Penh is a significant global and domestic tourist destination for Cambodia. The city is the wealthiest and most populous in the country, is its commercial, political and cultural hub and is home to more than two million people.
French villas along tree-lined boulevards remind the visitor of its colonist heritage, yet its oldest structure is the Wat Phnom from the founding days of the city, constructed in 1373. The French however, certainly left their mark and parts of the city are filled with colonial villas, French churches, boulevards, and famous landmarks such as the Art deco market Phsar Thom Thmei and the Hotel Le Royal.
Overseas specialists David Stanley Redfern Ltd are currently selling apartments in the chic riverside French quarter from as little as £49,000. Their authentic French colonial period buildings have been completely refurbished and modernised and are expected to appreciate by 15-20 percent per year. Due to demand, the developer is also offering a rental guarantee of 9 percent net for the first two years, making this a safe investment in an aggressively growing market.
Find out more about Cambodian property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Continued Strength of Montreal Good News for Investors
Montreal is to be the site of the next massive Waldorf-Astoria Hotel Complex. A partnership between Hilton, and Monit Investments, the 32 storey tower is scheduled for completion in the summer of 2011. The entrance of such a major player is a massive testament to the continued strength of the Montreal tourism market, which is expected to remain strong long into the future.
This is great news for owners of property on David Stanley Redfern's Rouge River development, a 20 minute drive from Montreal. 1 acre land plots on Rouge River are priced from just £27,500, and there are pre-designed 0-5 bedroom chalets waiting to be built at approximately £80 per square foot building costs. At such low prices, owners can charge a fraction of the price to holiday makers, and still make extremely healthy rental yields. The same goes for Mt Tremblant, that's alpine ski slopes make it another popular tourist attraction, and is just a 5 minute drive from Rouge River.
But to market these properties on the rental potential they get from being close to two popular tourist destinations is to sell them extremely short.
The Rouge River development sits within the Rouge River resort, and surrounds the 100 miles of trout filled river that both are named after. A 100 mile bicycle track weaves along the banks of the Rouge River, and combined with the majesty of the spring and summer wildlife gives Rouge River a strong summer attraction all of its own. In winter tourists flock to the Rouge River resort because the bicycle track has become a skidoo trail, the forest is a cross-country ski trail down the Laurentian mountainside through the trees, and they can still ice-fish in the river.
All in all the Rouge River resort has an all-year-round rental market all of its own, the fact that it is close to Montreal and Mt Tremblant is nothing more than a bonus.
Find out more about Canada property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
This is great news for owners of property on David Stanley Redfern's Rouge River development, a 20 minute drive from Montreal. 1 acre land plots on Rouge River are priced from just £27,500, and there are pre-designed 0-5 bedroom chalets waiting to be built at approximately £80 per square foot building costs. At such low prices, owners can charge a fraction of the price to holiday makers, and still make extremely healthy rental yields. The same goes for Mt Tremblant, that's alpine ski slopes make it another popular tourist attraction, and is just a 5 minute drive from Rouge River.
But to market these properties on the rental potential they get from being close to two popular tourist destinations is to sell them extremely short.
The Rouge River development sits within the Rouge River resort, and surrounds the 100 miles of trout filled river that both are named after. A 100 mile bicycle track weaves along the banks of the Rouge River, and combined with the majesty of the spring and summer wildlife gives Rouge River a strong summer attraction all of its own. In winter tourists flock to the Rouge River resort because the bicycle track has become a skidoo trail, the forest is a cross-country ski trail down the Laurentian mountainside through the trees, and they can still ice-fish in the river.
All in all the Rouge River resort has an all-year-round rental market all of its own, the fact that it is close to Montreal and Mt Tremblant is nothing more than a bonus.
Find out more about Canada property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
2007 a Record high for Global property investment
Despite the global credit crunch, 2007 was a record high for global property investment, with cross-border flows rising steeply and more money crossing between the main regions of Europe, Asia and the Americas.
And although the credit crunch took its toll in North America and Europe, pushing down global transaction value by 8 percent in the second half of 2007, investment in Asia surged 22 percent in the last six months of 2007.
As overseas investments specialists, David Stanley Redfern Ltd have a wide and far-reaching Asian portfolio.
Countries on their books include the emerging economies of the Philippines and Cambodia, as well as more mature markets such as Malaysia, Thailand and India.
Philippines property is expected to grow in value by no less than 24% for the next five years and possibly even more in the next 2-3 years.
Cambodia investment property is a hot favourite with people eyeing a short-term investment; property is expected to grow in value by about 25% per year and Cambodian property achieves rental yields of at least 10% per year.
Malaysian property should grow by no less than 20% per year over the coming years, and possibly by as much as 25 percent. Property attracts rental yields of 8-10% in Kuala Lumpur, and possibly even higher on resort property in Sabah.
Thailand investment property is now favoured by those in the market for a long-term, secure investment property, that won't grow in value by any spectacular yearly rate, but will continue to grow sustainably over the next ten to twenty years. Thailand property prices grow by between 5 and 10 percent per year.
The India property market is one of the most vibrant in the world. From low priced beginnings, some Indian property is now among the most expensive in the world; Mumbai is among the top 5 most expensive cities. But buying Indian property in some of its new emerging markets is an excellent investment, especially in and around developing commerce hubs and Special Economic Zones which are being assisted by the government and where property prices are still low. Property in these areas, like Bangalore and Rudrapur, should see spectacular growth, with conservative estimates at 30 percent. Rental yields for high quality off-plan apartments in these areas will be anywhere from 8-10%, possibly as much as 12% as demand reaches its peak, and depending on initial rates.
Find out more about investment property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
And although the credit crunch took its toll in North America and Europe, pushing down global transaction value by 8 percent in the second half of 2007, investment in Asia surged 22 percent in the last six months of 2007.
As overseas investments specialists, David Stanley Redfern Ltd have a wide and far-reaching Asian portfolio.
Countries on their books include the emerging economies of the Philippines and Cambodia, as well as more mature markets such as Malaysia, Thailand and India.
Philippines property is expected to grow in value by no less than 24% for the next five years and possibly even more in the next 2-3 years.
Cambodia investment property is a hot favourite with people eyeing a short-term investment; property is expected to grow in value by about 25% per year and Cambodian property achieves rental yields of at least 10% per year.
Malaysian property should grow by no less than 20% per year over the coming years, and possibly by as much as 25 percent. Property attracts rental yields of 8-10% in Kuala Lumpur, and possibly even higher on resort property in Sabah.
Thailand investment property is now favoured by those in the market for a long-term, secure investment property, that won't grow in value by any spectacular yearly rate, but will continue to grow sustainably over the next ten to twenty years. Thailand property prices grow by between 5 and 10 percent per year.
The India property market is one of the most vibrant in the world. From low priced beginnings, some Indian property is now among the most expensive in the world; Mumbai is among the top 5 most expensive cities. But buying Indian property in some of its new emerging markets is an excellent investment, especially in and around developing commerce hubs and Special Economic Zones which are being assisted by the government and where property prices are still low. Property in these areas, like Bangalore and Rudrapur, should see spectacular growth, with conservative estimates at 30 percent. Rental yields for high quality off-plan apartments in these areas will be anywhere from 8-10%, possibly as much as 12% as demand reaches its peak, and depending on initial rates.
Find out more about investment property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Dominican Republic Property %u2013 Perfect All-Round
Dominican Republic property is attracting masses of media attention at the moment along with several other Caribbean islands and sun-drenched coastal locations around the world that offer similarly affordable properties. A recent David Stanley Redfern release announced that the Dominican Republic had retaken the top spot of having the most affordable Caribbean properties, and focussed on that point, without giving any real details of the bargain property.
The apartment-hotel complex offers studio apartments from £24,000 in Sosua, one of the Dominican Republic's most popular areas with tourists. The complex, only a five minute walk from the beach is a long-standing, reputable and extremely popular resort, which readily enjoys occupancy rates of 80% and above.
Taking that with a pinch of salt as reader probably will, even with only 50% occupancy and at below the going rate for rentals on similar properties in the area, a rental yield of 12% is easily attainable for pure investors. Holiday home investors should still be able to take an 8% yield, obviously depending on how many weeks of the year they use it themselves, or offer it to friends etc.
The Dominican Republic is definitely a rising star, with low living costs it offers the opportunity of a cheap Caribbean holiday, and with major operators like Thomsons opening new Dominican Republic packages, serving their platinum range no less, global tourist are quickly cottoning on to Dominican charm and tourism is rising quickly.
Emerging markets where growth is fuelled by massively rising tourism numbers tend to be best for short-term investment, because people who fall in love with a place tend to buy resale properties in their favourite spots, with cost often coming as a second consideration. This is great news for the investors who get in early, as strong demand in the resale market makes it easier for them to collect the return on their investment. Not to mention tourism demand pushing up rental yields.
Of course business fuelled markets have the same benefits of affluence spreading through the communities, who then have money to spend on their own homes, but this process takes longer, and that is why these markets tend to be suggested for long-term investment.
Dominican Republic is showing all the right signs of being incredibly profitable for short-term investment, but is also suitable for long-term investors, who will collect healthy rental yields for as long as they choose before reselling.
Find out more about Dominican Republic property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
The apartment-hotel complex offers studio apartments from £24,000 in Sosua, one of the Dominican Republic's most popular areas with tourists. The complex, only a five minute walk from the beach is a long-standing, reputable and extremely popular resort, which readily enjoys occupancy rates of 80% and above.
Taking that with a pinch of salt as reader probably will, even with only 50% occupancy and at below the going rate for rentals on similar properties in the area, a rental yield of 12% is easily attainable for pure investors. Holiday home investors should still be able to take an 8% yield, obviously depending on how many weeks of the year they use it themselves, or offer it to friends etc.
The Dominican Republic is definitely a rising star, with low living costs it offers the opportunity of a cheap Caribbean holiday, and with major operators like Thomsons opening new Dominican Republic packages, serving their platinum range no less, global tourist are quickly cottoning on to Dominican charm and tourism is rising quickly.
Emerging markets where growth is fuelled by massively rising tourism numbers tend to be best for short-term investment, because people who fall in love with a place tend to buy resale properties in their favourite spots, with cost often coming as a second consideration. This is great news for the investors who get in early, as strong demand in the resale market makes it easier for them to collect the return on their investment. Not to mention tourism demand pushing up rental yields.
Of course business fuelled markets have the same benefits of affluence spreading through the communities, who then have money to spend on their own homes, but this process takes longer, and that is why these markets tend to be suggested for long-term investment.
Dominican Republic is showing all the right signs of being incredibly profitable for short-term investment, but is also suitable for long-term investors, who will collect healthy rental yields for as long as they choose before reselling.
Find out more about Dominican Republic property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Germany, Berlin: A unique property, a unique opportunity
The overseas property specialists, David Stanley Redfern Ltd, have a unique opportunity in the German capital, Berlin.
The Landhaus Carrée, in Zehlendorf, comes with a 10-year rental guarantee (providing additional income security); a 10-year modernisation guarantee (covering all aspects of modernisation work undertaken to keep property standards up to date); a 10-year maintenance guarantee (protects against ongoing maintenance costs for a ten year period); and 10-year rent/apartment management (tenant support, rent administration and operating cost accounting all undertaken free of charge).
However, it is unlikely to take 10 years for the property to appreciate: The German market is one characterised by extremely low home-ownership - 43 percent nationwide and 12 percent in Berlin. The majority rent, especially in Berlin, which has helped to keep property prices amongst the lowest in the Westernised world. Yet these rents, which have been kept artificially low by large public housing companies that once owned large swathes of housing, are beginning to rise as state governments force their sale in order to offload some of the states debts. As rents rise, and interest rates stay relatively low, mortgages and home ownership become more attractive causing house prices to rise. On top of this, not enough homes are being built to meet future demand, causing rents to rise further and further fuelling the ownership market. Over the next 3-5 years, Germany, and especially Berlin is likely to see both rising rental rents and rising prices.
This presents a unique opportunity as Berlin prices are at the same level as they were in London, Dublin and Paris 18 years ago. There is no other European city where you can buy high quality apartments in the city centre for less than £2,359 per square metre.
David Stanley Redfern Ltd's Landhaus property is in Berlin's wealthiest district and contains some of the most natural settings in Berlin, including parts of the Grunewald forest and the Schlachtensee and Krumme Lanke lakes. Direct access to city centre can be made via road; the S-Bahn; the U-Bahn; and the U3 line.
The apartment complex itself was built in 1928 in the Carrée style in keeping with the old country houses. The living spaces are bright and airy providing a high standard of living in innovative architecture, with one of the largest inner courtyards and a private park. All apartments have been modernised and certified by the German underwriters 'TUV' who carry out all repairs and modernisation, awarding the coveted TUV stamp of approval. Prices range from £117,000 to £188,000 for a 2-3 bedroom apartments.
Find out more about German property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
The Landhaus Carrée, in Zehlendorf, comes with a 10-year rental guarantee (providing additional income security); a 10-year modernisation guarantee (covering all aspects of modernisation work undertaken to keep property standards up to date); a 10-year maintenance guarantee (protects against ongoing maintenance costs for a ten year period); and 10-year rent/apartment management (tenant support, rent administration and operating cost accounting all undertaken free of charge).
However, it is unlikely to take 10 years for the property to appreciate: The German market is one characterised by extremely low home-ownership - 43 percent nationwide and 12 percent in Berlin. The majority rent, especially in Berlin, which has helped to keep property prices amongst the lowest in the Westernised world. Yet these rents, which have been kept artificially low by large public housing companies that once owned large swathes of housing, are beginning to rise as state governments force their sale in order to offload some of the states debts. As rents rise, and interest rates stay relatively low, mortgages and home ownership become more attractive causing house prices to rise. On top of this, not enough homes are being built to meet future demand, causing rents to rise further and further fuelling the ownership market. Over the next 3-5 years, Germany, and especially Berlin is likely to see both rising rental rents and rising prices.
This presents a unique opportunity as Berlin prices are at the same level as they were in London, Dublin and Paris 18 years ago. There is no other European city where you can buy high quality apartments in the city centre for less than £2,359 per square metre.
David Stanley Redfern Ltd's Landhaus property is in Berlin's wealthiest district and contains some of the most natural settings in Berlin, including parts of the Grunewald forest and the Schlachtensee and Krumme Lanke lakes. Direct access to city centre can be made via road; the S-Bahn; the U-Bahn; and the U3 line.
The apartment complex itself was built in 1928 in the Carrée style in keeping with the old country houses. The living spaces are bright and airy providing a high standard of living in innovative architecture, with one of the largest inner courtyards and a private park. All apartments have been modernised and certified by the German underwriters 'TUV' who carry out all repairs and modernisation, awarding the coveted TUV stamp of approval. Prices range from £117,000 to £188,000 for a 2-3 bedroom apartments.
Find out more about German property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Dominican Republic: Cheapest Property in the Caribbean
According to independent investment analysis, the Dominican Republic is the most affordable market out of 20 Caribbean countries assessed: Bermuda, was the most expensive at $7,861 per square metre, compared with Dominican Republic's $1,324 per square metre.
Tourism arrivals to the Dominican Republic in the first four months of 2008 have also grown by 5.6 percent when compared to the year before. The number of tourists rose by around 84 thousand bringing the total for the period to 1.6 million. And the tourist influx is expected to continue increasing at a steady pace for the foreseeable future.
The World Travel and Tourism Council forecasts that the tourist industry will contribute 16 percent to GDP in 2008, and currently one out of every seven people in the country are employed in tourism related jobs. Around 35 percent of total export earnings for 2008 are expected to come from international visitor related transactions.
In terms of GDP, the Dominican Republic is one of the most stable Caribbean economies. Its telephone and internet infrastructure in metropolitan and tourist areas are well developed and reliable. Its substantial local agricultural and manufacturing industry results in much less costly imports than some alternative Caribbean island destinations, meaning a lower cost of living. And the country is a stable democracy with a foreign investment friendly outlook.
The Dominican Republic real estate market has also shown impressive growth over the past few years with the government enacting laws that protect the rights of international property owners and investors. And unlike some other Caribbean countries, investors don't have to become a citizen or a resident to purchase property.
The message from analysts is buy now as the prices won't last forever and property is expected to see 10-20 percent capital appreciation and 8-10 percent rental yields.
David Stanley Redfern Ltd, the overseas specialists, have three properties in the Dominican Republic. The Apart-hotel Sosua Plaza contains 32m² studios, each with private balcony overlooking the pool in a well maintained gated hotel complex. All apartments are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV. Prices start at £24,000.
The Sousa Development contains a range of fully refurbished and furnished one bedroom apartments in a stunning complex surrounding a spectacular pool. Its hillside position offer ocean views from the higher floors and all apartments have living rooms, fully installed kitchens, bathroom, bedroom and terrace. Prices start from £30,000.
The Oasis Cabarete is an ocean front development offering one, two and three bedroom private residences within an enclosed community with private entrance and 24hr security surrounded by miles of deserted beaches. Inside, winding paths take you through lush landscape to natural waterfalls and two pools, Jacuzzi, fountains, restaurant, bar, surf shop, sun deck or private beach. Prices start at £67,000.
Find out more about Dominican Republic property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Tourism arrivals to the Dominican Republic in the first four months of 2008 have also grown by 5.6 percent when compared to the year before. The number of tourists rose by around 84 thousand bringing the total for the period to 1.6 million. And the tourist influx is expected to continue increasing at a steady pace for the foreseeable future.
The World Travel and Tourism Council forecasts that the tourist industry will contribute 16 percent to GDP in 2008, and currently one out of every seven people in the country are employed in tourism related jobs. Around 35 percent of total export earnings for 2008 are expected to come from international visitor related transactions.
In terms of GDP, the Dominican Republic is one of the most stable Caribbean economies. Its telephone and internet infrastructure in metropolitan and tourist areas are well developed and reliable. Its substantial local agricultural and manufacturing industry results in much less costly imports than some alternative Caribbean island destinations, meaning a lower cost of living. And the country is a stable democracy with a foreign investment friendly outlook.
The Dominican Republic real estate market has also shown impressive growth over the past few years with the government enacting laws that protect the rights of international property owners and investors. And unlike some other Caribbean countries, investors don't have to become a citizen or a resident to purchase property.
The message from analysts is buy now as the prices won't last forever and property is expected to see 10-20 percent capital appreciation and 8-10 percent rental yields.
David Stanley Redfern Ltd, the overseas specialists, have three properties in the Dominican Republic. The Apart-hotel Sosua Plaza contains 32m² studios, each with private balcony overlooking the pool in a well maintained gated hotel complex. All apartments are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV. Prices start at £24,000.
The Sousa Development contains a range of fully refurbished and furnished one bedroom apartments in a stunning complex surrounding a spectacular pool. Its hillside position offer ocean views from the higher floors and all apartments have living rooms, fully installed kitchens, bathroom, bedroom and terrace. Prices start from £30,000.
The Oasis Cabarete is an ocean front development offering one, two and three bedroom private residences within an enclosed community with private entrance and 24hr security surrounded by miles of deserted beaches. Inside, winding paths take you through lush landscape to natural waterfalls and two pools, Jacuzzi, fountains, restaurant, bar, surf shop, sun deck or private beach. Prices start at £67,000.
Find out more about Dominican Republic property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Investment Potential Heats Up in Dominican Republic
Visitor numbers to the Dominican Republic grew by 84,000 in the first four months of 2008 compared to the same period last year. The total number of visitors was 1.6million in four months - very impressive. People who have long been avid lovers of the Dominican Republic referred to it as the Caribbean's best kept secret, but the cat has been let out of the bag. The Dominican Republic is set to become a hugely popular tourism destination in the coming months and years.
Little wonder, the Dominican Republic has everything that any of the other massively popular islands like Barbados has; white beaches, tropical climate, warm crystal blue waters full of exotic sea life, and striking mountain ranges, but its only just being discovered makes it an excellent opportunity for investors because property prices are far lower than on the likes of Barbados.
With tourism now growing so massively as the Dominican Republic moves over for its time in the spotlight, it is easy to predict that property values will quickly grow to the levels they are on other popular Caribbean Islands.
That is a long way to grow, which offers an excellent opportunity for holiday home and pure investors. For instance David Stanley Redfern Ltd have just added the Mar Del Ray development to their books, offering 1 bedroom apartments with a 10% guaranteed rental yield in the first year, from just £36,750. Mar Del Ray is a complex of 1 and 2 bedroom apartments, townhouses and duplexes on a fully equipped resort near the coast and just 20mins from the capital. Penthouse suites come with 45m2 roof terraces, where a Jacuzzi can be installed.
Another Dominican bargain from DSR is the Sosua Plaza, a resort development of resale studio apartments, already at 80% occupancy, and priced from just under £24,000.
Find out more about Dominican Republic property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Little wonder, the Dominican Republic has everything that any of the other massively popular islands like Barbados has; white beaches, tropical climate, warm crystal blue waters full of exotic sea life, and striking mountain ranges, but its only just being discovered makes it an excellent opportunity for investors because property prices are far lower than on the likes of Barbados.
With tourism now growing so massively as the Dominican Republic moves over for its time in the spotlight, it is easy to predict that property values will quickly grow to the levels they are on other popular Caribbean Islands.
That is a long way to grow, which offers an excellent opportunity for holiday home and pure investors. For instance David Stanley Redfern Ltd have just added the Mar Del Ray development to their books, offering 1 bedroom apartments with a 10% guaranteed rental yield in the first year, from just £36,750. Mar Del Ray is a complex of 1 and 2 bedroom apartments, townhouses and duplexes on a fully equipped resort near the coast and just 20mins from the capital. Penthouse suites come with 45m2 roof terraces, where a Jacuzzi can be installed.
Another Dominican bargain from DSR is the Sosua Plaza, a resort development of resale studio apartments, already at 80% occupancy, and priced from just under £24,000.
Find out more about Dominican Republic property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Albania and Montenegro: Safer than Western Europe
The Balkans, a region once known as a hotbed of crime and violence, has become one of the safest zones in Europe according to the United Nations.
"The vicious circle of political instability leading to crime, and vice versa, that plagued the Balkans in the 1990s has been broken," said Antonio Maria Costa, head of the United Nations Office on Drugs and Crime.
The bloody breakup of former Yugoslavia - the worst carnage in Europe since World War II - left the region in turmoil throughout the 1990s, but a United Nations report says the levels of crime against people and property are now lower in the Balkans than in Western Europe.
The United Nations report says this trend of reduced crime is likely to continue as the region lacks the usual factors that lead to crime elsewhere in the world: mass poverty, income inequality, runaway urbanisation and large-scale youth unemployment.
David Stanley Redfern Ltd have properties in two Balkan countries, Albania and Montenegro. And with both countries on the road to EU accession, their property markets are safe too.
The Albanian property market is among the cheapest places in Europe to buy property, and since the market has become the focus for international investors the country has enjoyed solid capital appreciation figures. Buyers of Albanian property can expect 5-7 percent rental yields and 10-15 percent capital appreciation, perhaps even rising to 30 percent when Albania enters the EU.
David Stanley Redfern Ltd is in the unique position of having property in the most promising and sought after areas of Albania; the area surrounding Tirana's artificial lake and the first ever development in the Fresku District of Tirana near the Dajti Mountain.
Montenegro is also progressing towards EU accession. Rental yields of up to 10 percent can be achieved in popular tourist areas, and prices are expected to grow in value by 15-20 percent per year.
David Stanley Redfern Ltd have three off-plan developments in tourist hotspots. The Acacia Hills development consists of one two and three bedroom apartments in an astonishing location overlooking the Bay of Kotor on the massively popular Montenegro coast. Also overlooking the open sea are sea-facing terraces in a new off-plan development located in the village of Zambelici, on the beautiful peninsular of Lustica.
While The Lakeside Park development is on the banks of Lake Slano surrounded by wilderness, yet only 5 minutes drive from Montenegro's second biggest town, Niksic.
Find out more about Albanian property.
Find out more about Montenegro property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com.
"The vicious circle of political instability leading to crime, and vice versa, that plagued the Balkans in the 1990s has been broken," said Antonio Maria Costa, head of the United Nations Office on Drugs and Crime.
The bloody breakup of former Yugoslavia - the worst carnage in Europe since World War II - left the region in turmoil throughout the 1990s, but a United Nations report says the levels of crime against people and property are now lower in the Balkans than in Western Europe.
The United Nations report says this trend of reduced crime is likely to continue as the region lacks the usual factors that lead to crime elsewhere in the world: mass poverty, income inequality, runaway urbanisation and large-scale youth unemployment.
David Stanley Redfern Ltd have properties in two Balkan countries, Albania and Montenegro. And with both countries on the road to EU accession, their property markets are safe too.
The Albanian property market is among the cheapest places in Europe to buy property, and since the market has become the focus for international investors the country has enjoyed solid capital appreciation figures. Buyers of Albanian property can expect 5-7 percent rental yields and 10-15 percent capital appreciation, perhaps even rising to 30 percent when Albania enters the EU.
David Stanley Redfern Ltd is in the unique position of having property in the most promising and sought after areas of Albania; the area surrounding Tirana's artificial lake and the first ever development in the Fresku District of Tirana near the Dajti Mountain.
Montenegro is also progressing towards EU accession. Rental yields of up to 10 percent can be achieved in popular tourist areas, and prices are expected to grow in value by 15-20 percent per year.
David Stanley Redfern Ltd have three off-plan developments in tourist hotspots. The Acacia Hills development consists of one two and three bedroom apartments in an astonishing location overlooking the Bay of Kotor on the massively popular Montenegro coast. Also overlooking the open sea are sea-facing terraces in a new off-plan development located in the village of Zambelici, on the beautiful peninsular of Lustica.
While The Lakeside Park development is on the banks of Lake Slano surrounded by wilderness, yet only 5 minutes drive from Montenegro's second biggest town, Niksic.
Find out more about Albanian property.
Find out more about Montenegro property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com.
David Stanley Redfern Ltd Reveal Investment Hotspots Part III
This is the third part in a four part series, parts I and II revealed the top 5 locations for short-term investment based on David Stanley Redfern Ltd research since the beginning of 2008, namely, the Philippines, Koh Samui (Thai island), Isla Margarita, Fiji and Cambodia, in that order, and this and part IIII will reveal the top 5 locations for long term investment based on the same research. Below you will find the top 2 locations for property investment.
1: Albania
Albania is currently the number one location for long term property investment because of its determination to become a full member of the EU in 2014, but more than that, the seeming determination of the EU to make sure Albania succeeds in gaining full membership. The most important relationship between this determination and property investment is the masses of money the EU, has, is and will provide Albania to develop economic competitiveness, infrastructure, and general prosperity.
Of course the EU would go to no such lengths if Albania was not showing incredible potential for economic growth in its own right, as more and more businesses relocate to emerging markets, and buy their consumables from emerging market traders in the massive global cost-cutting exercises.
Economic growth, which is secure in Albania's future until at least 2014, will generate increasing affluence within the population at large, living cost rises bring about wage rises, bring about living cost rises and so on, in a what-came-first-the-chicken-or-the-egg scenario. And house prices will be pushed up in line with that people can afford.
All the above means that you can predict stable and sustained growth in Albania property prices until at least 2014, at which point, the stable democracy, and semi-established market of Albania will have a fair chance of seeing continued property price growth from then on.
2: Panama
Since the Panamanian government announced plans to expand the Panama Canal in October 2006, Panama's economic growth has been off the charts, GDP growth around 11% year on year to be exact, property values have been growing at a recorded and sustained 25% per year over the same period.
Though Panama is currently growing into one of the world's main financial and banking centres, with good communications and first world amenities, Panama's dollar based economy is sustained largely by the Colon Free Trade Zone (largest in the western hemisphere) and the Canal, as well as services from the operation of the two including flagship registry and canal tolls.
The Canal is the only waterway linking the Atlantic and Pacific oceans, a massive benefit when it was created because of the number of ships being lost traversing the dangerous route via the Drake Passage and Cape Horn. The Canal is rapidly becoming too small for today's ships, and the expansion will not only double its capacity but quadruple revenues from its operation, which, combined with operation of the Free Trade Zone already accounts for a quarter of Panama's GDP.
The canal expansion will add new live to Panama's economic growth, which is likely to remain strong between now and its completion, making Panama excellent for long-term property investment.
Another benefit in Panama's property market is the fact that it is to American's, what the Costa's are to Brits. More American's buy their retirement homes in Panama than any other country. This provides a massive market for the resale of Panama properties, to ensure that growth in property values can be cashed in.
Find out more about the best investment properties around the world
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
1: Albania
Albania is currently the number one location for long term property investment because of its determination to become a full member of the EU in 2014, but more than that, the seeming determination of the EU to make sure Albania succeeds in gaining full membership. The most important relationship between this determination and property investment is the masses of money the EU, has, is and will provide Albania to develop economic competitiveness, infrastructure, and general prosperity.
Of course the EU would go to no such lengths if Albania was not showing incredible potential for economic growth in its own right, as more and more businesses relocate to emerging markets, and buy their consumables from emerging market traders in the massive global cost-cutting exercises.
Economic growth, which is secure in Albania's future until at least 2014, will generate increasing affluence within the population at large, living cost rises bring about wage rises, bring about living cost rises and so on, in a what-came-first-the-chicken-or-the-egg scenario. And house prices will be pushed up in line with that people can afford.
All the above means that you can predict stable and sustained growth in Albania property prices until at least 2014, at which point, the stable democracy, and semi-established market of Albania will have a fair chance of seeing continued property price growth from then on.
2: Panama
Since the Panamanian government announced plans to expand the Panama Canal in October 2006, Panama's economic growth has been off the charts, GDP growth around 11% year on year to be exact, property values have been growing at a recorded and sustained 25% per year over the same period.
Though Panama is currently growing into one of the world's main financial and banking centres, with good communications and first world amenities, Panama's dollar based economy is sustained largely by the Colon Free Trade Zone (largest in the western hemisphere) and the Canal, as well as services from the operation of the two including flagship registry and canal tolls.
The Canal is the only waterway linking the Atlantic and Pacific oceans, a massive benefit when it was created because of the number of ships being lost traversing the dangerous route via the Drake Passage and Cape Horn. The Canal is rapidly becoming too small for today's ships, and the expansion will not only double its capacity but quadruple revenues from its operation, which, combined with operation of the Free Trade Zone already accounts for a quarter of Panama's GDP.
The canal expansion will add new live to Panama's economic growth, which is likely to remain strong between now and its completion, making Panama excellent for long-term property investment.
Another benefit in Panama's property market is the fact that it is to American's, what the Costa's are to Brits. More American's buy their retirement homes in Panama than any other country. This provides a massive market for the resale of Panama properties, to ensure that growth in property values can be cashed in.
Find out more about the best investment properties around the world
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Off-plan property offers off the scale profits
Forget the horror stories of unfinished buildings and unseen returns; off-plan property is now safe and commonplace. No longer an innovative or complicated procedure, buying off-plan property through a trusted agent can be completely stress-free.
It may seem off-putting to pay for something that does not physically exist, but off-plan purchases are escalating in popularity as well as in profitability. Prices tend to be far lower than the market average, and by the time the property is finished it will most likely have already achieved capital appreciation, meaning instant gains for the buyer.
This is especially true for off-plan resort property in emerging markets; where properties are priced anywhere from 30-50 percent, to even 75 percent less than what they will sell for on the secondary market after completion.
These discounts reflect the perceived risk of paying for a property yet to be built, but by choosing an agent that offers due diligence from start to finish this risk is minimal to non-existent.
David Stanley Redfern Ltd is a company with a world renowned reputation for ensuring developers deliver. And as investment specialists, they only sell property that is capable of making their clients money. The company's extensive research arm, analysts, experience and overseas expertise work to ensure that all property sold is capable of generating substantial gains, be it over the short-term or a mid-long term investment.
As off-plan property, especially in emerging markets, is potentially the most lucrative investment for clients the majority of David Stanley Redfern Ltd's properties are off-plan, and mostly in emerging markets.
In the Philippines, the Lancaster the Atrium Towers represent the best breed of city real estate, promising higher than average yields (circa12%) and exceptional growth (off-plan prices per m2 in this district have grown by 40% in the last 24 months).
In Panama, any property bought from a reputable agent is a good investment. The country has exceptional rental yields and carefully chosen property on Panama's coast can reach yields of 15 percent. Property prices grew by 50 percent between early 2006 and early 2008, and growth remains strong as high levels of demand continue. David Stanley Redfern Ltd currently has the Bala Beach Resort as part of its portfolio.
In the Dominican Republic, investors have been buying off-plan developments to make gains between purchase and completion, taking out finance for the full value and using the extra to take their deposit back. The increased foreign investment in property, and increased tourism, has created the potential for 10%-20% capital appreciation, and 8%-10% rental yields. Investment property is primarily in and around the coastal areas and David Stanley Redfern Ltd has two off-plan developments in the midst of some of the country's best and most popular beaches.
Find out more about investment property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com.
It may seem off-putting to pay for something that does not physically exist, but off-plan purchases are escalating in popularity as well as in profitability. Prices tend to be far lower than the market average, and by the time the property is finished it will most likely have already achieved capital appreciation, meaning instant gains for the buyer.
This is especially true for off-plan resort property in emerging markets; where properties are priced anywhere from 30-50 percent, to even 75 percent less than what they will sell for on the secondary market after completion.
These discounts reflect the perceived risk of paying for a property yet to be built, but by choosing an agent that offers due diligence from start to finish this risk is minimal to non-existent.
David Stanley Redfern Ltd is a company with a world renowned reputation for ensuring developers deliver. And as investment specialists, they only sell property that is capable of making their clients money. The company's extensive research arm, analysts, experience and overseas expertise work to ensure that all property sold is capable of generating substantial gains, be it over the short-term or a mid-long term investment.
As off-plan property, especially in emerging markets, is potentially the most lucrative investment for clients the majority of David Stanley Redfern Ltd's properties are off-plan, and mostly in emerging markets.
In the Philippines, the Lancaster the Atrium Towers represent the best breed of city real estate, promising higher than average yields (circa12%) and exceptional growth (off-plan prices per m2 in this district have grown by 40% in the last 24 months).
In Panama, any property bought from a reputable agent is a good investment. The country has exceptional rental yields and carefully chosen property on Panama's coast can reach yields of 15 percent. Property prices grew by 50 percent between early 2006 and early 2008, and growth remains strong as high levels of demand continue. David Stanley Redfern Ltd currently has the Bala Beach Resort as part of its portfolio.
In the Dominican Republic, investors have been buying off-plan developments to make gains between purchase and completion, taking out finance for the full value and using the extra to take their deposit back. The increased foreign investment in property, and increased tourism, has created the potential for 10%-20% capital appreciation, and 8%-10% rental yields. Investment property is primarily in and around the coastal areas and David Stanley Redfern Ltd has two off-plan developments in the midst of some of the country's best and most popular beaches.
Find out more about investment property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com.
Canary Islands: Booming tourism and Bargain property
Capital appreciation is around 8-10 percent in the Canary Islands, not bad for an established tourist destination where rental yields can reach up to 12 percent and will always be above the 6 percent mark.
The Islands economy is primarily based on tourism; around 10 million tourists visit the Canaries each year and tourism makes up 32 percent of GDP. Growth has been fuelled by huge amounts of Foreign Direct Investment mostly to develop tourism real estate and the Canaries have also received over 11 billion euro from the EU since 2000.
David Stanley Redfern Ltd has three properties on the Spanish archipelago flourishing from all-year-round-warmth and all-year-round tourism.
Parque Don José is a fully equipped resort complex in the Canary Island's Costa del Silencio, near the quaint fishing village of Las Galletas and surrounded by restaurants, cafes, shops, bars and of course fantastic beaches. The resort includes a huge walk-in swimming pool; tennis courts; children's pool and play area, bar and other amenities. Prices start at £63,000 and the apartments are likely to appreciate anywhere from 10 percent to 15 percent per year.
The overseas property specialists also have a selection of studios and one bedroom apartments in a refurbished complex in Playa Paraiso situated on Tenerife's south west coast. The apartments come with fully fitted kitchens (including cooker; hob; fridge) and brand new bathrooms; large communal pool and pool bar; landscaped communal gardens; secure owners parking and 24 hour security. Offering spectacular views across the Atlantic Ocean to La Gomera and other Canary Islands; prices are from just £50,000, well below the official valuations enabling 100% mortgages to be arranged if required.
The Orlando Complex is in the heart of one of the main tourist areas in the South of Tenerife, just a few minutes walk from the beaches of Torviscas, Fanabe and Puerto Colon. Just ten minutes away is the Water Park and 15 minutes drive is Reina Sofia Airport. The complex has two beautiful pools; children's pool, and security card entry and exit for extra security. Prices start at £66,000.
Find out more about Canary Islands property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com.
The Islands economy is primarily based on tourism; around 10 million tourists visit the Canaries each year and tourism makes up 32 percent of GDP. Growth has been fuelled by huge amounts of Foreign Direct Investment mostly to develop tourism real estate and the Canaries have also received over 11 billion euro from the EU since 2000.
David Stanley Redfern Ltd has three properties on the Spanish archipelago flourishing from all-year-round-warmth and all-year-round tourism.
Parque Don José is a fully equipped resort complex in the Canary Island's Costa del Silencio, near the quaint fishing village of Las Galletas and surrounded by restaurants, cafes, shops, bars and of course fantastic beaches. The resort includes a huge walk-in swimming pool; tennis courts; children's pool and play area, bar and other amenities. Prices start at £63,000 and the apartments are likely to appreciate anywhere from 10 percent to 15 percent per year.
The overseas property specialists also have a selection of studios and one bedroom apartments in a refurbished complex in Playa Paraiso situated on Tenerife's south west coast. The apartments come with fully fitted kitchens (including cooker; hob; fridge) and brand new bathrooms; large communal pool and pool bar; landscaped communal gardens; secure owners parking and 24 hour security. Offering spectacular views across the Atlantic Ocean to La Gomera and other Canary Islands; prices are from just £50,000, well below the official valuations enabling 100% mortgages to be arranged if required.
The Orlando Complex is in the heart of one of the main tourist areas in the South of Tenerife, just a few minutes walk from the beaches of Torviscas, Fanabe and Puerto Colon. Just ten minutes away is the Water Park and 15 minutes drive is Reina Sofia Airport. The complex has two beautiful pools; children's pool, and security card entry and exit for extra security. Prices start at £66,000.
Find out more about Canary Islands property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com.
Malaysia, Borneo: Paradise, Property and Profit
The overseas property specialists, David Stanley Redfern Ltd, are currently offering luxury villas and low rise condominiums on the beachfront in Sabah, Borneo.
Serviced and managed by the 5 star Nexus Resort hotel - a 17 times award winner (including the Virgin Holidays Gold Award) - these contemporary tropical homes will provide investors with the ultimate private holiday experience, as well as healthy rental yields; the hotel is already at maximum occupancy.
Designed by world class architects WATG, this private piece of paradise is set in beautiful landscaped grounds and stunning natural surroundings yet is only 30 minutes from Kota Kinabalu international airport. Nestled within 6km of pristine white sandy beach; balconies overlook the South China Sea and a 130 million year old rainforest. While nearby Mount Kinabulu rises to 4,095m, its sides lined with tropical rainforest and alpine meadows that form part of a World Heritage Site.
Sabah has six national parks and Borneo, the world's third highest island, is home to around 15,000 species of flowering plants and 3,000 species of trees, hundreds of birds and mammals: elephants, rhinos, tigers and leopards, endangered Orangutans and snakes that change colour.
The island is surrounded by the South China Sea to the north and northwest, the Suly Sea to the northeast, the Celebes Sea and the Makassar Strait to the east, and the Java Sea and Karimata Strait to the south.
Then there's the alpine meadows, the endemic species, the rare peat swamp forests, the Sunda Shelf mangroves, the extensive cave systems and the rich tapestry of 30 different sub-ethnic groups that make-up Borneo's unique culture.
Over two million tourists visited Sabah alone in 2006 and Sabah Tourism Board maintains that with the very high occupancy figure of 72%, the area still has a severe holiday bed shortage. What is more, Sabah has one of the highest tourism growth rates in Malaysia and the cumulative number of global tourist arrivals rose to 842 million in 2006, which translates to average growth of about 7% per annum over five decades. Tourism arrivals continue to grow, and in January 2008, over 194,838 people visited Sabah compared to 165,810 in January 2007.
The Malaysian property market is also one of the strongest in the world and property is expected to grow by no less than 20 percent per year, and possibly by as much as 25 percent over the next few years.
With high rental yields (guaranteed 7 percent) and fast capital appreciation, Nexus Residencies is a unique investment, in a unique luxury golf-club resort, on a unique island.
Find out more about Malaysian property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Serviced and managed by the 5 star Nexus Resort hotel - a 17 times award winner (including the Virgin Holidays Gold Award) - these contemporary tropical homes will provide investors with the ultimate private holiday experience, as well as healthy rental yields; the hotel is already at maximum occupancy.
Designed by world class architects WATG, this private piece of paradise is set in beautiful landscaped grounds and stunning natural surroundings yet is only 30 minutes from Kota Kinabalu international airport. Nestled within 6km of pristine white sandy beach; balconies overlook the South China Sea and a 130 million year old rainforest. While nearby Mount Kinabulu rises to 4,095m, its sides lined with tropical rainforest and alpine meadows that form part of a World Heritage Site.
Sabah has six national parks and Borneo, the world's third highest island, is home to around 15,000 species of flowering plants and 3,000 species of trees, hundreds of birds and mammals: elephants, rhinos, tigers and leopards, endangered Orangutans and snakes that change colour.
The island is surrounded by the South China Sea to the north and northwest, the Suly Sea to the northeast, the Celebes Sea and the Makassar Strait to the east, and the Java Sea and Karimata Strait to the south.
Then there's the alpine meadows, the endemic species, the rare peat swamp forests, the Sunda Shelf mangroves, the extensive cave systems and the rich tapestry of 30 different sub-ethnic groups that make-up Borneo's unique culture.
Over two million tourists visited Sabah alone in 2006 and Sabah Tourism Board maintains that with the very high occupancy figure of 72%, the area still has a severe holiday bed shortage. What is more, Sabah has one of the highest tourism growth rates in Malaysia and the cumulative number of global tourist arrivals rose to 842 million in 2006, which translates to average growth of about 7% per annum over five decades. Tourism arrivals continue to grow, and in January 2008, over 194,838 people visited Sabah compared to 165,810 in January 2007.
The Malaysian property market is also one of the strongest in the world and property is expected to grow by no less than 20 percent per year, and possibly by as much as 25 percent over the next few years.
With high rental yields (guaranteed 7 percent) and fast capital appreciation, Nexus Residencies is a unique investment, in a unique luxury golf-club resort, on a unique island.
Find out more about Malaysian property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Margarita Property: Difficulty Finding Reasons not to Invest
The Caribbean island of Margarita is the property investment opportunity of the century. Tourism has increased by 40% in the past two years, bringing visitor numbers up to 2 million per year. Yet only 15% of the island is developed, creating a massive under-supply of rental accommodation for the burgeoning tourist masses. This makes it an excellent opportunity for buy-to-let and holiday home investors.
It's no wonder tourism to Margarita is growing so rapidly; it has absolutely everything going for it!
-The only Caribbean island outside the hurricane belt
-Low cost of living (and holidaying)
-Tax & duty free zone
-It has warm and sunny climate all year round with very little rain
-Gorgeous sandy beaches, warm turquoise waters
-Wide variety of activities including snorkelling among tropical marine life
-Breathtaking mountainous forest landscapes
-15% development, the rest is the beauty of nature in a tropical environment
-Direct flights from the UK
Tourism will be boosted yet more when the new Formula One track, approved in March this year becomes a reality. Holiday home investors are attracted by all the above of course, but also the aforementioned under-supply, and the fact that Margarita property is up to 50% cheaper than any other Caribbean island - though that is, I'm sure, an attraction to everyone, as is the growth potential of Margarita property, as Liam Bailey, head of international research for David Stanley Redfern Ltd explained:
"While Margarita continues on its present path to becoming one of the foremost tourism destinations in the world, property values will increase massively, for instance: a property could be worth anywhere up to 50% more on the resale market that it was bought for off-plan, almost immediately after building work ceases. Annual capital appreciation will not fall below 30% for at least the next 5-7 years, and could even frequent the 40-50% p.a. zone over the next 1-3 years.
"Rental yields are currently quite high at around the 10% mark," continued Bailey "because of the under-supply and the low property prices, and could actually fall as capital appreciation races, and the under-supply becomes less severe. Of course yields won't fall on off-plan properties, because prices tend not to grow as quickly for off-plan properties, but people selling on the resale market will likely be doing so with the promise of rental yields of 6-8% -- until the market levels out at any rate, at which point yields on resale properties may rise slightly."
One of the biggest benefits of Margarita for property investors is its taxation regime, total round-trip transaction costs are a mere 2.5%, as you only need to pay for the solicitor, and there is no Capital Gains Tax when you sell either - it's actually a struggle to find reasons not to invest in Margarita.
Find out more about Margarita property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
It's no wonder tourism to Margarita is growing so rapidly; it has absolutely everything going for it!
-The only Caribbean island outside the hurricane belt
-Low cost of living (and holidaying)
-Tax & duty free zone
-It has warm and sunny climate all year round with very little rain
-Gorgeous sandy beaches, warm turquoise waters
-Wide variety of activities including snorkelling among tropical marine life
-Breathtaking mountainous forest landscapes
-15% development, the rest is the beauty of nature in a tropical environment
-Direct flights from the UK
Tourism will be boosted yet more when the new Formula One track, approved in March this year becomes a reality. Holiday home investors are attracted by all the above of course, but also the aforementioned under-supply, and the fact that Margarita property is up to 50% cheaper than any other Caribbean island - though that is, I'm sure, an attraction to everyone, as is the growth potential of Margarita property, as Liam Bailey, head of international research for David Stanley Redfern Ltd explained:
"While Margarita continues on its present path to becoming one of the foremost tourism destinations in the world, property values will increase massively, for instance: a property could be worth anywhere up to 50% more on the resale market that it was bought for off-plan, almost immediately after building work ceases. Annual capital appreciation will not fall below 30% for at least the next 5-7 years, and could even frequent the 40-50% p.a. zone over the next 1-3 years.
"Rental yields are currently quite high at around the 10% mark," continued Bailey "because of the under-supply and the low property prices, and could actually fall as capital appreciation races, and the under-supply becomes less severe. Of course yields won't fall on off-plan properties, because prices tend not to grow as quickly for off-plan properties, but people selling on the resale market will likely be doing so with the promise of rental yields of 6-8% -- until the market levels out at any rate, at which point yields on resale properties may rise slightly."
One of the biggest benefits of Margarita for property investors is its taxation regime, total round-trip transaction costs are a mere 2.5%, as you only need to pay for the solicitor, and there is no Capital Gains Tax when you sell either - it's actually a struggle to find reasons not to invest in Margarita.
Find out more about Margarita property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Cambodia%u2019s Phnom Penh a real estate boom
After spending the last three decades struggling to recover from the legacy of the Khmer Rouge's genocidal rule, Cambodia now finds itself in the midst of a real estate boom. A decade ago the capital Phnom Penh didn't even have one traffic light, now high-rise condos and offices are springing up as investors rake in the profits.
Many people still have an outdated perception of Cambodia, but private-equity investors - so often the bellwether for the hot investments of the future - are moving into the country at apace. At least four new private equity funds, backed by brand-name investors, are aiming to bring $475 million of foreign investment into Cambodia.
China, South Korea and Malaysia have also been pouring money into the country and in 2006 foreign direct investment totalled $2.6 billion, up from just £240 million in 2004. And according to Cambodia Investment, more than $6 billion may be invested in the country in the next three years.
The government will continue to encourage this investment with market-oriented reforms, and both the ruling Cambodian People's Party and the main-opposition Sam Rainsy Party are committed to the same pro-business, pro-growth policy platform. Cambodia's economy has been expanding rapidly as a result; by 9.6 percent in 2007, and by more than 10 percent per year during the previous three. Tourism arrivals have also grown, to 2 million in 2006, and by a further 20 percent in 2007.
Cambodians are getting richer too. And this increased wealth in the capital; the growing number of investors; and the increasing number of tourists are all helping to boost Phnom Penh's real estate market.
Yet Phnom Penh is still at the beginning of a growth era, like Bangkok 20 years ago or Ho Chi Minh City 10 years ago. Property prices are cheap but they are moving fast - a traditional shop house along the river that sold in 2006 for $300,000 is now going for $600,000 to $700,000.
Cheaper property can still be found. Overseas specialists David Stanley Redfern Ltd are currently selling apartments in the chic riverside French quarter of Phnom Penh from as little as £49,000.
Their authentic French colonial period buildings have been completely refurbished and modernised and are expected to appreciate by 15-20 percent per year. Due to demand, the developer is even offering a rental guarantee of 9 percent net for the first two years, making this a safe investment in an aggressively growing market.
Find out more about Cambodian property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Many people still have an outdated perception of Cambodia, but private-equity investors - so often the bellwether for the hot investments of the future - are moving into the country at apace. At least four new private equity funds, backed by brand-name investors, are aiming to bring $475 million of foreign investment into Cambodia.
China, South Korea and Malaysia have also been pouring money into the country and in 2006 foreign direct investment totalled $2.6 billion, up from just £240 million in 2004. And according to Cambodia Investment, more than $6 billion may be invested in the country in the next three years.
The government will continue to encourage this investment with market-oriented reforms, and both the ruling Cambodian People's Party and the main-opposition Sam Rainsy Party are committed to the same pro-business, pro-growth policy platform. Cambodia's economy has been expanding rapidly as a result; by 9.6 percent in 2007, and by more than 10 percent per year during the previous three. Tourism arrivals have also grown, to 2 million in 2006, and by a further 20 percent in 2007.
Cambodians are getting richer too. And this increased wealth in the capital; the growing number of investors; and the increasing number of tourists are all helping to boost Phnom Penh's real estate market.
Yet Phnom Penh is still at the beginning of a growth era, like Bangkok 20 years ago or Ho Chi Minh City 10 years ago. Property prices are cheap but they are moving fast - a traditional shop house along the river that sold in 2006 for $300,000 is now going for $600,000 to $700,000.
Cheaper property can still be found. Overseas specialists David Stanley Redfern Ltd are currently selling apartments in the chic riverside French quarter of Phnom Penh from as little as £49,000.
Their authentic French colonial period buildings have been completely refurbished and modernised and are expected to appreciate by 15-20 percent per year. Due to demand, the developer is even offering a rental guarantee of 9 percent net for the first two years, making this a safe investment in an aggressively growing market.
Find out more about Cambodian property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Rudrapur Property Owners: Awaiting Inevitable Profits
It's all go in Rudrapur! The Special Economic Zone created there by the government, and the array of financial incentives it offers business has prompted massive expansions in large Indian corporations - the news is filled with Rudrapur!
One notable expansion plan is by Archidply, who have announced their plans to funnel 830 million Indian rupees into expansion in this fiscal year.
Part of the expansion, which will be partly funded by bank loans, and partly by an initial public offering, is to open up their production of medium density fibre board (MDF) at their Rudrapur factory. The company's main revenues currently come from the manufacture of plywood but they manufacture all kinds of wood board products including particle board and veneers.
Archidply also announced its intention to broaden its focus to include tier II and tier III cities to increase their revenues. This, a plan to capitalise on the growing Indian middle class, and the growing home ownership aspirations thereof -- the latter caused by increasing disposable income, ease of obtaining finance and spurting house prices.
Not a unique plan, many companies are expanding their plywood and MDF operations in preparation for what will become a huge upsurge in the availability and purchase of affordable housing by the growing Indian middle class. But it is good news for Rudrapur, and as a result good news for David Stanley Redfern Ltd and their clients.
Archidply's Rudrapur MDF operation is expected to begin production in August 2009, which will bring in thousands of workers looking for quality rented accommodation. At which point they will find that this is in dire shortage, having already been taken by the thousands of workers coming into Rudrapur as other factories have begun operations. They won't have to settle for what they can get for long however...
The Orchard View development will be completed in the 1st quarter of 2010, and will be exactly the kind of quality, affordable rented accommodation they will be looking for - great news for people who invest in Orchard View now. Even better news, is the likelihood that some of the managerial staff, who will probably be commuting from their homes near other Archidply factories, could become buyers of Orchard View apartments on the resale market -- giving investors the chance to make the immediate gains offered by off-plan property like Orchard View a reality.
Of course by that time, some of the other 400+ factories will (based on growth forecasts for Indian manufacturing industry) be launching their own expansion plans, not to mention the other corporations coming in to capitalise on Rudrapur's massive financial incentives. All-in-all owners of Rudrapur property will be in an incredibly fortunate position indeed. And with affordable luxury 2 bedroom apartments within professionally manicured grounds available from just £43,000 with a 2 year 5% p.a. net rental guarantee, why not be one of them?
Find out more about Rudrapur property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
One notable expansion plan is by Archidply, who have announced their plans to funnel 830 million Indian rupees into expansion in this fiscal year.
Part of the expansion, which will be partly funded by bank loans, and partly by an initial public offering, is to open up their production of medium density fibre board (MDF) at their Rudrapur factory. The company's main revenues currently come from the manufacture of plywood but they manufacture all kinds of wood board products including particle board and veneers.
Archidply also announced its intention to broaden its focus to include tier II and tier III cities to increase their revenues. This, a plan to capitalise on the growing Indian middle class, and the growing home ownership aspirations thereof -- the latter caused by increasing disposable income, ease of obtaining finance and spurting house prices.
Not a unique plan, many companies are expanding their plywood and MDF operations in preparation for what will become a huge upsurge in the availability and purchase of affordable housing by the growing Indian middle class. But it is good news for Rudrapur, and as a result good news for David Stanley Redfern Ltd and their clients.
Archidply's Rudrapur MDF operation is expected to begin production in August 2009, which will bring in thousands of workers looking for quality rented accommodation. At which point they will find that this is in dire shortage, having already been taken by the thousands of workers coming into Rudrapur as other factories have begun operations. They won't have to settle for what they can get for long however...
The Orchard View development will be completed in the 1st quarter of 2010, and will be exactly the kind of quality, affordable rented accommodation they will be looking for - great news for people who invest in Orchard View now. Even better news, is the likelihood that some of the managerial staff, who will probably be commuting from their homes near other Archidply factories, could become buyers of Orchard View apartments on the resale market -- giving investors the chance to make the immediate gains offered by off-plan property like Orchard View a reality.
Of course by that time, some of the other 400+ factories will (based on growth forecasts for Indian manufacturing industry) be launching their own expansion plans, not to mention the other corporations coming in to capitalise on Rudrapur's massive financial incentives. All-in-all owners of Rudrapur property will be in an incredibly fortunate position indeed. And with affordable luxury 2 bedroom apartments within professionally manicured grounds available from just £43,000 with a 2 year 5% p.a. net rental guarantee, why not be one of them?
Find out more about Rudrapur property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Margarita Island: Bargain Property in the Caribbean
Margarita is an incredible short-term investment for property investors; property prices have risen by an average of 32 percent annually during the last two years. It is also one of the few Caribbean islands not on the hurricane belt so investors can be safe in the knowledge that their property will remain safe in their absence.
Yet it is not just the high capital appreciation that is attracting investors. The island's dramatic mountainous terrain rises up to over 1000 metres above sea level, lined with lush vegetation, flora and fauna and framed by 72 golden white sandy beaches. With 8 or more hours of sunshine a day and temperatures ranging from 23-32C it is the perfect place to holiday in and to make substantial rental income from; Margarita property easily achieves rental yields of 8-12 percent.
Getting there is easy too. Direct flights operate from Gatwick and Manchester, and an additional 18 indirect flights from other UK airports, mostly going via Caracas in Venezuela.
David Stanley Redfern currently has four properties in Margarita, and as all their properties are Condominiums they will be exempt from any laws imposed by the Venezuelan government on Venezuelan and Margarita property.
The Apartment Margarita Plaza is available for just £55,000 and is located in Porlamar - the largest commercial centre on the island filled with restaurants, bars and cafes all within easy walking distance of the beach. The 2 double bedroom, 2 bathroom apartment with fully fitted kitchen, breakfast bar and separate dining room is just 30 seconds walk from the beach, but owners don't have to walk that far if they want to use the swimming pool or Jacuzzi.
Then there's the Caracola Beach and Spa Resort overlooking the stunning Caracola beach. Each apartment will have a fully fitted kitchen (including white goods), climate control air systems and furniture. All bathrooms will be fitted with Roca or equivalent sanitary ware, and the development has plenty of semi-covered parking. The building is an eco-sensitive design with a thermally efficient environment and has a 10 year guarantee. Apartments range in size from 58.3m2 to 125.8m2 and prices start from £63,000.
Buying those or any of DSR's Margarita properties is straight forward and cheap as Margarita has been a tax, VAT and duty free zone since the sixties.
The purchaser of property doesn't pay any tax on the purchase, only a normal 0.5 percent sales tax, one percent for land registry and $100 for the notary. There is no need for residency to live on the island and the annual property tax is around $100.
Where else could you get a beach-front Caribbean property for these prices?
Find out more about Margarita property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Yet it is not just the high capital appreciation that is attracting investors. The island's dramatic mountainous terrain rises up to over 1000 metres above sea level, lined with lush vegetation, flora and fauna and framed by 72 golden white sandy beaches. With 8 or more hours of sunshine a day and temperatures ranging from 23-32C it is the perfect place to holiday in and to make substantial rental income from; Margarita property easily achieves rental yields of 8-12 percent.
Getting there is easy too. Direct flights operate from Gatwick and Manchester, and an additional 18 indirect flights from other UK airports, mostly going via Caracas in Venezuela.
David Stanley Redfern currently has four properties in Margarita, and as all their properties are Condominiums they will be exempt from any laws imposed by the Venezuelan government on Venezuelan and Margarita property.
The Apartment Margarita Plaza is available for just £55,000 and is located in Porlamar - the largest commercial centre on the island filled with restaurants, bars and cafes all within easy walking distance of the beach. The 2 double bedroom, 2 bathroom apartment with fully fitted kitchen, breakfast bar and separate dining room is just 30 seconds walk from the beach, but owners don't have to walk that far if they want to use the swimming pool or Jacuzzi.
Then there's the Caracola Beach and Spa Resort overlooking the stunning Caracola beach. Each apartment will have a fully fitted kitchen (including white goods), climate control air systems and furniture. All bathrooms will be fitted with Roca or equivalent sanitary ware, and the development has plenty of semi-covered parking. The building is an eco-sensitive design with a thermally efficient environment and has a 10 year guarantee. Apartments range in size from 58.3m2 to 125.8m2 and prices start from £63,000.
Buying those or any of DSR's Margarita properties is straight forward and cheap as Margarita has been a tax, VAT and duty free zone since the sixties.
The purchaser of property doesn't pay any tax on the purchase, only a normal 0.5 percent sales tax, one percent for land registry and $100 for the notary. There is no need for residency to live on the island and the annual property tax is around $100.
Where else could you get a beach-front Caribbean property for these prices?
Find out more about Margarita property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Calabria Property: Another Mediterranean Success Story
The region of Calabria in southern Italy is tipped to become one of the most popular destinations in Europe, and the next Mediterranean property investment success story. This is because property prices are comparatively cheaper than other similar areas in Europe, similar in the glorious beaches, scenery and climate that is. Another plus for Calabria is the fact that the area will not be overdeveloped due to strict government planning controls - this will ensure that demand remains high for rental accommodation and resale properties.
David Stanley Redfern Ltd announced this week their entry into the Calabrian market, stating that three new Calabrian developments would be added to their website in the coming days.
Jason Killingback, operations manager for the overseas property investment specialists gave journalists a verbal sneak peek at the new developments:
"All three of our new developments are only a few minutes' walk from one of Calabria's gorgeous beaches, and most units will have spectacular views out over the Ionian sea. Of the three developments we are taking on, the lowest priced units start at £71,000 for a 2 bedroom apartment in an off-plan development just 5 minutes walk from the beach, and with the aforementioned views of the sparkling Ionian Sea.
"That is a prime example of why Calabria is going to be so huge in the coming months and years; prices like that for a 2 bedroom apartment on the southern Italian coast offer superb value for money. A property like that for such a low price will give its owners at least an 8% yield, even after taking out their own usage of the property."
Jason went on to give very brief details of the other two new developments: stating that both are apartment complexes, both are close to the beach, and both have unit prices of below £80,000 for 2 bedroom apartments. When an area like Calabria begins to attract increasing international attention, with strict building controls ensuring constantly high levels of demand, it is all but a foregone conclusion that property prices will see sustained and rapid growth of at least 10-15 percent per year.
Find out more about Italian property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
David Stanley Redfern Ltd announced this week their entry into the Calabrian market, stating that three new Calabrian developments would be added to their website in the coming days.
Jason Killingback, operations manager for the overseas property investment specialists gave journalists a verbal sneak peek at the new developments:
"All three of our new developments are only a few minutes' walk from one of Calabria's gorgeous beaches, and most units will have spectacular views out over the Ionian sea. Of the three developments we are taking on, the lowest priced units start at £71,000 for a 2 bedroom apartment in an off-plan development just 5 minutes walk from the beach, and with the aforementioned views of the sparkling Ionian Sea.
"That is a prime example of why Calabria is going to be so huge in the coming months and years; prices like that for a 2 bedroom apartment on the southern Italian coast offer superb value for money. A property like that for such a low price will give its owners at least an 8% yield, even after taking out their own usage of the property."
Jason went on to give very brief details of the other two new developments: stating that both are apartment complexes, both are close to the beach, and both have unit prices of below £80,000 for 2 bedroom apartments. When an area like Calabria begins to attract increasing international attention, with strict building controls ensuring constantly high levels of demand, it is all but a foregone conclusion that property prices will see sustained and rapid growth of at least 10-15 percent per year.
Find out more about Italian property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Escape the UK for bargain property and rising prices
News on the UK housing market has become a familiar story: Prices are falling; mortgage rates are rising; the whole market is in decline and shows no signs of recovery.
On Friday, Halifax published figures confirming the value of a UK home fell by 2.4 percent in May, the seventh month in the past eight when prices have fallen.
UK prices are now declining more rapidly than at any time since the early 90s property crash. And according to a key index of property price futures, this slide will continue for at least three years, crushing the value of a home by almost 50 percent in real terms. Indications from futures trading on long term property prices show the average UK home only recovering its current value in 2017.
Meanwhile, property prices abroad are showing ever increasing prices rises. And overseas property specialists, David Stanley Redfern Ltd, have a number of properties maintaining high capital appreciation and high rental yields.
Montenegro property, for example, is expected to grow in value by 15-20 percent per year, possibly reaching growth of 30 percent per year as the country progresses towards EU accession. Albania, also on the road to EU accession, is showing similar levels of growth. While on Margarita island, the only Caribbean island outside the hurricane belt, property prices have risen, on average, 32 percent in the last two years and prices are expected to grow by at least 15-20 percent annually in the next 2-5 years.
Thailand has also become a hot favourite with investors, who have enjoyed capital appreciation not lower than 25 percent in the first five years of its growth. While Philippines property is expected to grow in value by no less than 24 percent in the next five years and possibly even more in the next 2-3 years. In Fiji, David Stanley Redfern currently have studio houses from £25,000, likely to be worth £35,000 - £40,000 when they are built, and £60,000 - £80,000 in 2 years time. In Cambodia's Phnom Penh, growth in business and commercial sectors; rising affluence; and a rapidly emerging tourism sector will see property prices continue to rise by at least 15%-25% per year.
And these emerging markets look set to survive the global slowdown as businesses increasingly move their operations into cheaper locations, import their goods from cheaper places and tourists holiday in cheaper destinations.
With seemingly no way up for UK housing, now is the time to invest in countries with a brighter future.
Find out more about the hottest investment property overseas.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
On Friday, Halifax published figures confirming the value of a UK home fell by 2.4 percent in May, the seventh month in the past eight when prices have fallen.
UK prices are now declining more rapidly than at any time since the early 90s property crash. And according to a key index of property price futures, this slide will continue for at least three years, crushing the value of a home by almost 50 percent in real terms. Indications from futures trading on long term property prices show the average UK home only recovering its current value in 2017.
Meanwhile, property prices abroad are showing ever increasing prices rises. And overseas property specialists, David Stanley Redfern Ltd, have a number of properties maintaining high capital appreciation and high rental yields.
Montenegro property, for example, is expected to grow in value by 15-20 percent per year, possibly reaching growth of 30 percent per year as the country progresses towards EU accession. Albania, also on the road to EU accession, is showing similar levels of growth. While on Margarita island, the only Caribbean island outside the hurricane belt, property prices have risen, on average, 32 percent in the last two years and prices are expected to grow by at least 15-20 percent annually in the next 2-5 years.
Thailand has also become a hot favourite with investors, who have enjoyed capital appreciation not lower than 25 percent in the first five years of its growth. While Philippines property is expected to grow in value by no less than 24 percent in the next five years and possibly even more in the next 2-3 years. In Fiji, David Stanley Redfern currently have studio houses from £25,000, likely to be worth £35,000 - £40,000 when they are built, and £60,000 - £80,000 in 2 years time. In Cambodia's Phnom Penh, growth in business and commercial sectors; rising affluence; and a rapidly emerging tourism sector will see property prices continue to rise by at least 15%-25% per year.
And these emerging markets look set to survive the global slowdown as businesses increasingly move their operations into cheaper locations, import their goods from cheaper places and tourists holiday in cheaper destinations.
With seemingly no way up for UK housing, now is the time to invest in countries with a brighter future.
Find out more about the hottest investment property overseas.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Costa Rica: A slice of paradise and a shrewd investment
Overseas property specialists David Stanley Redfern Ltd currently have a remarkable development nestled away in a Costa Rican paradise.
The Wyndham Garden development on Jaco Beach is a 14 story beach front Condo-Hotel with 136 units of one, two, and three bedroom fully furnished residences.
Planned by talented designers, the development boasts contemporary architecture inspired by the concepts of tropical minimalism and is one of the few beach front properties in Costa Rica that is fully titled.
Consisting of two towers staggered with a constructed area of 26,536 m2, the development is made up of 2 three bedroom units, 60 two bedroom units and 54 one bedroom units each offering spectacular views and natural light. The resort itself includes infinity pools at three different levels; a fully equipped spa with sauna, steam and massage rooms; gym; restaurant, snack bar and bar; day-care centre; Jacuzzi and a host of other amenities.
Jaco Beach is located on the Pacific coast in the province of Puntarenas, just 90 minutes from San Jose's international airport. Only minutes away are activities such as horseback riding and ocean fishing, while nearby Garabito offers a large selection of restaurants, night clubs and bars. Yet Jaco beach is tranquil, and because of recent government regulations the Wyndham Garden development is likely to be the only property on this beautiful beach.
The property presents the perfect opportunity to buy a piece of Costa Rican paradise while also fulfilling the criteria of a shrewd investment. Wisely chosen property in Costa Rica still has plenty of growth potential, and property is expected to grow by more than 15 percent year on year, possibly by as much as 20-25 percent per year over the next three. While rental yields will fetch 10 percent or more as the country continues to benefit from amazing growth in tourism.
Find out more about Costa Rican property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
The Wyndham Garden development on Jaco Beach is a 14 story beach front Condo-Hotel with 136 units of one, two, and three bedroom fully furnished residences.
Planned by talented designers, the development boasts contemporary architecture inspired by the concepts of tropical minimalism and is one of the few beach front properties in Costa Rica that is fully titled.
Consisting of two towers staggered with a constructed area of 26,536 m2, the development is made up of 2 three bedroom units, 60 two bedroom units and 54 one bedroom units each offering spectacular views and natural light. The resort itself includes infinity pools at three different levels; a fully equipped spa with sauna, steam and massage rooms; gym; restaurant, snack bar and bar; day-care centre; Jacuzzi and a host of other amenities.
Jaco Beach is located on the Pacific coast in the province of Puntarenas, just 90 minutes from San Jose's international airport. Only minutes away are activities such as horseback riding and ocean fishing, while nearby Garabito offers a large selection of restaurants, night clubs and bars. Yet Jaco beach is tranquil, and because of recent government regulations the Wyndham Garden development is likely to be the only property on this beautiful beach.
The property presents the perfect opportunity to buy a piece of Costa Rican paradise while also fulfilling the criteria of a shrewd investment. Wisely chosen property in Costa Rica still has plenty of growth potential, and property is expected to grow by more than 15 percent year on year, possibly by as much as 20-25 percent per year over the next three. While rental yields will fetch 10 percent or more as the country continues to benefit from amazing growth in tourism.
Find out more about Costa Rican property
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey: media@davidstanleyredfern.com
Canada Property: Rouge River Perfect for any Buyer
A recent David Stanley Redfern Ltd press release covered the Office of National Statistics report on the mass exodus of Britons emigrating to live abroad, with Canada being mentioned as the most popular location with the fleeing masses. The release also covered the reasons for the exodus, including work pressures, deteriorating British housing estates, and seeking career opportunities in emerging markets. But what the last release failed to cover was how perfect David Stanley Redfern's properties in Canada are for emigrating Brits, whatever the reason for their decision to move abroad.
The Rouge River resort has won the best resort in Quebec award 8 years running, and is the perfect picture of the beautiful outdoors Canada is famed for. The resort has 100 miles of the Rouge River running through it, which is full of trout and free to fish for all buyers of Rouge River chalets or land plots, as is the 100 mile bicycle track running along the river bank. In winter fishing lovers must turn to ice-fishing if they want trout for tea, and the bicycle track becomes a cross country Skidoo trail, a perfect break from the amazing cross country ski trail that weaves through the trees in the woods the sweep up the Laurentian Mountainside away from the river.
Yes, that's right: the Rouge River resort is within the gorgeous Laurentian Mountain range, the wild outdoors, which makes it perfect for those fleeing Britain's yob culture and ever-more dangerous housing estates, but what about those who are fleeing the stress of work, and will want to find a good career in Canada.
Well, that is one of the best features of the Rouge River resort, one of our team calls it the middle of nowhere on the outskirts of town, and that about sums it up: though the Rouge River resort sits amidst some of the most beautiful wilderness in the world in the Laurentian Mountains, Mt Tremblant and Quebec are both only a short-drive away, and both offer the potential for starting a new business, or Quebec especially is amass with career opportunities.
All the above makes Rouge River chalets perfect for those emigrating to Canada, but the above combined with the low prices (£137,000 for a 3 bedroom chalet) makes them perfect for investors; with visitors coming in for Quebec and Mt Tremblant choosing Rouge River for rental accommodation, because owners will have the ability of charging less than accommodation in either of those places, and still making a healthy rental yield - not to mention the visitors coming in for the resort itself.
One final thing about the Rouge River chalets is that they are one of the easiest properties to market for holiday lettings ever, because of the beauty, low prices and range of activities, added to the fact that skiers can complement the cross-country skiing on Rouge River with one of the finest Alpine ski resorts in the world just a five minute drive away in Mt Tremblant-though Mt tremblant and Quebec are worth a visit even for none skiers.
Find out more about Quebec Property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
The Rouge River resort has won the best resort in Quebec award 8 years running, and is the perfect picture of the beautiful outdoors Canada is famed for. The resort has 100 miles of the Rouge River running through it, which is full of trout and free to fish for all buyers of Rouge River chalets or land plots, as is the 100 mile bicycle track running along the river bank. In winter fishing lovers must turn to ice-fishing if they want trout for tea, and the bicycle track becomes a cross country Skidoo trail, a perfect break from the amazing cross country ski trail that weaves through the trees in the woods the sweep up the Laurentian Mountainside away from the river.
Yes, that's right: the Rouge River resort is within the gorgeous Laurentian Mountain range, the wild outdoors, which makes it perfect for those fleeing Britain's yob culture and ever-more dangerous housing estates, but what about those who are fleeing the stress of work, and will want to find a good career in Canada.
Well, that is one of the best features of the Rouge River resort, one of our team calls it the middle of nowhere on the outskirts of town, and that about sums it up: though the Rouge River resort sits amidst some of the most beautiful wilderness in the world in the Laurentian Mountains, Mt Tremblant and Quebec are both only a short-drive away, and both offer the potential for starting a new business, or Quebec especially is amass with career opportunities.
All the above makes Rouge River chalets perfect for those emigrating to Canada, but the above combined with the low prices (£137,000 for a 3 bedroom chalet) makes them perfect for investors; with visitors coming in for Quebec and Mt Tremblant choosing Rouge River for rental accommodation, because owners will have the ability of charging less than accommodation in either of those places, and still making a healthy rental yield - not to mention the visitors coming in for the resort itself.
One final thing about the Rouge River chalets is that they are one of the easiest properties to market for holiday lettings ever, because of the beauty, low prices and range of activities, added to the fact that skiers can complement the cross-country skiing on Rouge River with one of the finest Alpine ski resorts in the world just a five minute drive away in Mt Tremblant-though Mt tremblant and Quebec are worth a visit even for none skiers.
Find out more about Quebec Property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com
Dominican Republic: Another boost for the tourism industry
Dominican President Leonel Ferandez has announced that businesspersons from the Balearic islands want to invest 3.7 billion Euros into the tourism industry in the next four years.
The same group have already invested heavily in the island but want to build a railway linking Santiago and Santo Domingo; likely to significantly boost the country's development.
The Dominican Republic has also recently seen a quasi-donation of $30 million for the reconstruction of highways granted by the OPEC Fund for International Development; the announcement of a number of new Aerocaribbean flights likely to attract multi-destination tourists; and has accepted plans for the construction of a ferry terminal costing $10 million at the Sans Souci tourist port.
Such plans are yet another boost for a country where tourism accounts for 24 percent of GDP and is fuelling economic growth. The contribution of tourism to employment is now expected to rise from 555,000 jobs in 2008 to 743,000 jobs by 2018. By 2012, it is forecasted that the Dominican Republic will receive five million annual visitors, a one million increase over expected 2008 visitor totals.
And according to a recent report by the Dominican Republic Ministry of Tourism, tourist arrivals for the first quarter of 2008 have already increased by 8 percent compared to the first quarter of 2007; approximately 1.3 million guests selected the Dominican Republic as their vacation spot of choice.
Over 15 percent of these arrivals arrived at Puerto Plata on the North Coast. The airport is just 10 minutes away from David Stanley Redfern Ltd's Sosua Plaza and the studio apartments are only 5 minutes walk from Sosua Beach. All are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV, as well as security locks, electronic room safety deposit box and a balcony overlooking the pool.
Apartments come fully furnished and fully managed, offering tax free returns and no work for the owner. Occupancy rates are consistently higher than 74 percent, yet the price is one of the lowest in the Caribbean at £24,000. With Dominican Republic's
The same group have already invested heavily in the island but want to build a railway linking Santiago and Santo Domingo; likely to significantly boost the country's development.
The Dominican Republic has also recently seen a quasi-donation of $30 million for the reconstruction of highways granted by the OPEC Fund for International Development; the announcement of a number of new Aerocaribbean flights likely to attract multi-destination tourists; and has accepted plans for the construction of a ferry terminal costing $10 million at the Sans Souci tourist port.
Such plans are yet another boost for a country where tourism accounts for 24 percent of GDP and is fuelling economic growth. The contribution of tourism to employment is now expected to rise from 555,000 jobs in 2008 to 743,000 jobs by 2018. By 2012, it is forecasted that the Dominican Republic will receive five million annual visitors, a one million increase over expected 2008 visitor totals.
And according to a recent report by the Dominican Republic Ministry of Tourism, tourist arrivals for the first quarter of 2008 have already increased by 8 percent compared to the first quarter of 2007; approximately 1.3 million guests selected the Dominican Republic as their vacation spot of choice.
Over 15 percent of these arrivals arrived at Puerto Plata on the North Coast. The airport is just 10 minutes away from David Stanley Redfern Ltd's Sosua Plaza and the studio apartments are only 5 minutes walk from Sosua Beach. All are equipped with kitchenette, air-conditioning, ceiling fan, phone, and cable TV, as well as security locks, electronic room safety deposit box and a balcony overlooking the pool.
Apartments come fully furnished and fully managed, offering tax free returns and no work for the owner. Occupancy rates are consistently higher than 74 percent, yet the price is one of the lowest in the Caribbean at £24,000. With Dominican Republic's