A Lens on Overseas Investment Prospects
This lens is a staging post for David Stanley Redfern press releases. David Stanley Redfern 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 -- working directly with developers in more than forty countries gives them an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
Canada's Resilient Property Market
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 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, 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 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, 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 media@davidstanleyredfern.com
Invest in Albania's Long-Term Growth and Stability
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
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 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, 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 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 at: media@davidstanleyredfern.com
Montenegro Property Flying High
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'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 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, 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: media@davidstanleyredfern.com
Germany a stable and safe investment
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.
Find out more about German property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
Under-Supply of Koh Samui Property Drives up Prices
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.
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 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, 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 at media@davidstanleyredfern.com
Costa Rica posts rising tourism figures
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, 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 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 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, 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 at: media@davidstanleyredfern.com
Asia's Branded Condotels: DSR Take the Good and Leave the Bad
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.
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 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, 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 at media@davidstanleyredfern.com
David Stanley Redfern Reveal Investment Hotspots Part IV
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 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, 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 at media@davidstanleyredfern.com
Cambodia: Rising tourism continues
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 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 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, 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: media@davidstanleyredfern.com
Continued Strength of Montreal Good News for Investors
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 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, 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 at media@davidstanleyredfern.com
2007 a Record high for Global property investment
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 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 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, 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 at media@davidstanleyredfern.com
Dominican Republic Property - Perfect All-Round
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 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, 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 at media@davidstanleyredfern.com
Germany, Berlin: A unique property, a unique opportunity
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'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 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, 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 at: media@davidstanleyredfern.com
Dominican Republic: Cheapest Property in the Caribbean
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, 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 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, 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: media@davidstanleyredfern.com
Investment Potential Heats Up in Dominican Republic
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 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 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, 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 at media@davidstanleyredfern.com
Albania and Montenegro: Safer than Western Europe
"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 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 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 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 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, 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: media@davidstanleyredfern.com.
David Stanley Redfern Reveal Investment Hotspots Part III
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 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, 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 at media@davidstanleyredfern.com
Off-plan property offers off the scale profits
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 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'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 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 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 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, 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 at: media@davidstanleyredfern.com.
Canary Islands: Booming tourism and Bargain property
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 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 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, 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 at: media@davidstanleyredfern.com.
Malaysia, Borneo: Paradise, Property and Profit
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 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, 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 at: media@davidstanleyredfern.com
Margarita Property: Difficulty Finding Reasons not to Invest
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 head of international research for David Stanley Redfern 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 he, "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 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, 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 at media@davidstanleyredfern.com
Cambodia's Phnom Penh a real estate boom
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 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 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, 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: media@davidstanleyredfern.com
Rudrapur Property Owners: Awaiting Inevitable Profits
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 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 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, 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 at media@davidstanleyredfern.com
Margarita Island: Bargain Property in the Caribbean
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 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, 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 at: media@davidstanleyredfern.com
Calabria Property: Another Mediterranean Success Story
David Stanley Redfern 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.
The 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."
He 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 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, 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 at media@davidstanleyredfern.com
Escape the UK for bargain property and rising prices
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, 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 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.
Media enquiries should be directed at: media@davidstanleyredfern.com
Costa Rica: A slice of paradise and a shrewd investment
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 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.
Media enquiries should be directed at: media@davidstanleyredfern.com
Canada Property: Rouge River Perfect for any Buyer
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 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, 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 at media@davidstanleyredfern.com
Dominican Republic: Another boost for the tourism industry
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'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 huge tourist numbers rental yields of 10 percent can be expected, while the property has the potential of 10-20 percent capital appreciation.
Find out more about Dominican Republic property
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Toronto: Vacancies fall, House Prices and Rental Yields rise
This is further evidence that real estate continues to be a solid investment in Toronto. Employment in the GTA continues to be strong and interest rates remain low, meaning consumers have the financial resources to buy homes and have a variety of choices to manage carrying the costs.
Vacancies are also expected to drop to an all-time low to 5.3% in the second quarter of 2008, a decline from the first quarter result of 5.6%. The rate is then expected to drop below 5% in the third quarter.
In fact, the Toronto region has gone through five years of occupancy growth and declining vacancies, resulting in large rental rate increases. In the last year, net asking rent rates in the Greater Toronto area increased from $16.10 per square foot in Q1 2007 to $17.98 in Q1 2008. The Toronto market - as opposed to the wider GTA market - has enjoyed the lowest vacancy rates, falling to 3.6% in the first quarter of 2008. Rent rates increased from $20.71 per square foot to $23.86, a 15% annual increase.
Indeed, Toronto is one of the only places in the world where rental yields rise in line with property size, and Canada the only established market in the world with average rental yields of around 8 percent.
David Stanley Redfern, the overseas property specialists, has a new property in Toronto designed by world renowned architect Peter Clewes of Architects Alliance. The Pier at Queens Quay will consist of 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.
As one of Toronto's last sites on the Waterfront, The Pier is truly a unique place to call home.
Find out more about Canada property
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Fiji: Bargain property flies higher
Air Pacific plans to invest $2.6 billion to extend the fleet with eight new aircrafts - including three more 787s - said managing director John Campbell.
The company also stated it will not withdraw from any of its routes because of increased fuel prices, and there are also plans for a number of aircrafts to undergo refurbishment in the current fleet, as well extended leases for the airline's 747 and 767s.
A smaller airline, Pacific Blue, which flies from Australia and New Zealand is already having a major impact on the economy after increasing its Fiji services from 12 to 24 flights per week. With over 161,000 visitors flying Pacific Blue to Nadi since it started the service, the economic impact is assessed to be in excess of FJ$250 million.
The huge investment by Air Pacific will have an even bigger impact on a country where tourism represents a quarter of GDP. Fiji has largely benefited from tourists from the traditional markets of Australia and New Zealand, but its increased focus on diversification is seeing it tap into other markets, such the growing Asian tourism market.
Fiji's robust tourism sector, the low prices and the explosive potential of Fiji property make it an excellent short-term investment. And Fiji property is expected to grow in value by around 15-20 percent and possibly even by as much as 30 percent depending on where you buy.
David Stanley Redfern, the overseas property specialists, has property in the prime location of Koro. The island is one of the most unique destinations in the Pacific, combining unrivalled natural beauty with sustainable development and low-impact tourism.
Only accessible once a week by plane and twice a week by ferry, Koro is known as the most fertile island in Fiji, boasting large plantations, thriving tropical forests and world renowned bird life. Planting Kava and selling copra make up the main economic activities for the villagers and to the people of Nacamaki Village, the turtles are their sacred ancestral god.
David Stanley Redfern's Koro Sea-View Estate is a unique development of 450 acres nearby warm turquoise waters and coral reefs. With moderately sized land plots from just £16,000, and small off-plan studios from £25,000, it represents the perfect opportunity to buy a slice of paradise and to make money; rental yields can be expected to grow from the current 6-8 percent to around 10 percent by 2010, and annual capital appreciation is expected to be 20% but could be as much as 50 percent over the next two years.
Find out more about Fijian property
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Rising Fuel Costs No Effect on Air Travel
EasyJet has admitted that its costs have risen by £4 per customer due to higher fuel prices, while BA is expected to raise fares by 4 percent over the next year. And yesterday, Chief Executive of Ryanair, Michael O'Leary, said average fares for the coming year would rise by approximately 5 percent.
Yet despite all this doom and gloom, Ryanair posted a 20 percent rise in adjusted full-year net profit; BA last week celebrated record pre-tax profits of £883m; and analysts expect easyJet to make a full-year profit of £150m.
The major airlines are, in fact, well placed to weather the storm of high fuel prices, especially when considering their fuel hedging strategies - buying fuel in advance at a fixed price. BA, for example, has bought about two-thirds of its fuel at $86 a barrel until next March. And while the airlines will factor in the rising cost of fuel in the short-term, many analysts believe oil is in the grip of a speculative boom - U.S oil consumption fell 7% in February, equivalent to a 2% slump in global demand, but the oil price went up.
Companies such as Ryanair and low-cost rival easyJet will try to leave fares untouched, cutting costs elsewhere, because cheap tickets are the key part of their no-frills business model. As Toby Nicol, easyJet's director of communications, said this week: "easyJet's average fare last year was £43 one way, before government tax, so the era of the £39 fare is actually still very much alive and well." And while the press may be plotting their demise, neither easyJet, nor Ryanair have reported a fall in demand - last month Ryanair carried over 5 million passengers, the highest figure ever recorded by any UK airline.
For the consumer, the extra cost in fuel per person is just a small fraction of the holiday budget, especially when considering rising fuel costs are hitting many just as much at the petrol pumps. A slightly more expensive air-ticket has not, and will not dampen the demand for holidays when it's raining outside and work has been hard. Indeed, Tui Travel, home to the Thomson and First Choice businesses in the UK, said sales over the last six weeks were up 9 percent on a year ago and the company has been left with fewer holidays left to sell. Winter holiday bookings from the UK were up 15 percent.
While David Stanley Redfern, the overseas property specialists, have seen their properties achieve ever increasing rental yields and capital appreciation as more and more holiday abroad. Their Montenegro property is expected to grow in value by 25-30 percent per year, achieving rental yields of between 6 and 10 percent, and Albania property earns 5-7 rental yields and 10-15 percent capital appreciation. With the budget airlines continuing to write their names across the skies; it's good to know that all these properties are just a short flight away.
Find out more about overseas property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Nicaragua Property: Hot Emerging Market
Foreign investment is now pouring into the country. In 2005, a total of about $241 million was invested by non-Nicaraguans. In 2006, that number grew to $268 million and then rose again in 2007 to $335 million.
Meanwhile, tourist dollars are fast becoming a large part of the economy that was once focused on agriculture exports. Tourism has increased by 300% in the last decade and even rental yields on Nicaraguan houses are reaching 7.7 percent. Yields on new luxury resorts could make double that, and will coast to around the 10-12 percent mark.
As with any emerging market the biggest gains are made on off-plan property, and the tropical coastal regions are likely to prove the most lucrative. If Nicaragua is anything like the South American coastal countries before it - Brazil, Argentina, Panama and Costa Rica - then capital growth on off-plan coastal property could increase from 20 to 30 percent a year, and is unlikely to be anything less than 30 percent per year for up to the next five years.
David Stanley Redfern's Nicaragua property is in the Seaside Marianna Spa and Golf Resort. The master-planned resort is a 923-acre private community designed to set new standards for luxury, featuring a Jack Nicklaus signature course, world-class spa and wellness centre, and a host of shops, restaurants and entertainment areas; to name just a few of the amenities.
Penthouses; Villas; one, two or three bedroom beach front units are available with ocean views and exterior space that adds approximately 200-300 of additional square footage. All units are designed and built to North American standards with the finest quality fixtures and finishing. Yet not to North American prices. Nicaragua property is priced in dollars, so now is the time to enter Nicaragua's emerging property market.
Find out more about Nicaraguan property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
Finland's Lapland resort attracts year round rental
This tranquil resort in the heart of Lapland also hosts the annual Alpine ski world cup; has 48 slopes (15 of which are floodlit); 26 lifts; superpipe; halfpipe; snow park; black runs and intermediate and beginner runs.
Attractions off the slopes include husky reindeer and snowmobile safaris, Icelandic horse-riding, and the magical Northern Lights where visitors can ski amidst the silence of the fells in a mystical blue twilight of rose-coloured dawns and dusks.
The overseas property specialists David Stanley Redfern have two properties in Levi. The Aurora Sky hotel is part of a small off-plan holiday village being built right at the foot of the downhill ski-slopes. While Snow White Golf Hotel has all the qualities of the Aurora Sky Hotel but is also near a fantastic 18 hole golf course.
Both properties come with at least 6 percent guaranteed rental yield for the first five years, but professional investors could make far higher yields if they market their own rental, or submit the property to a holiday lettings site. This is because Lapland's all-year-round beauty is attracting vast numbers of tourists for summer vacations as well as the 6 months of world class skiing conditions.
Both properties are also expected to see huge capital appreciation. Finland property prices grew by an average of 97 percent between 1995 and 2005, and although capital appreciation has slowed to a respectable average of 8 percent, property in the new emerging market of Lapland is expected to grow by around 250 percent in the next ten years.
Find out more about Finland property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
U.S. Property Boosted by Reasons for Economic Competitiveness
Economic competitiveness is the holy grail of anyone involved in financial or big business circles, to quote Forbes' Jack Gage: "Businesses want it, politicians promise to increase it, and governments sign trade deals to get it".
This is the good news that the American Republican party has been hoping for in the run up to the Presidential election, and with voter concerns having recently swayed from the Iraq war to the failing economy in a very rapid and big way.
The WEF rankings are based on the following factors: institutions, infrastructure, macro economy, health and primary education, higher education and training, goods-market efficiency, financial-market sophistication, technological readiness, market size, business sophistication, and innovation.
The U.S. stayed in first place even as Britain dropped from 2nd to ninth, in part because only 6% of its workforce is susceptible to the "ongoing purge in the financial sector"; the possibility of adding a fraction of 6% unemployment means American's in employment should be well placed to keep the American economy afloat.
That is also good news for those awaiting the recovery of the sub-prime American housing market --widely believed to begin this year --, including UK based overseas property agent David Stanley Redfern, head of international research for the property investment specialist said:
"With only 6% of the American workforce is employed in the risky financial sector, and it being absolutely impossible that all of those people will lose their jobs, then the fraction of additional unemployment still leaves plenty of people to buy houses, which is good news for us having just taken on another Los Angeles condominium development."
He was referring to the Downtown Los Angeles Designer Boutique Lofts, ideally placed between the new Broadway and its host of new theatres restaurants and bars, and the fashion district, the L.A. hub of all things fashion and design. This is an exciting property, in an exciting area and at an exciting price, with apartments available from as little as £180,000.
Find out more about American property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Panama's Bala Beach Apartments Selling Fast
Set on more than 20 acres of picturesque Caribbean coast, Bala Beach is one hours drive from Panama City, and just minutes away from some of the most interesting landmarks in Panama.
Nearby, historic 16th century forts, coral reef communities, and coastal forests dot the landscape of the 34,846 hectare national park. While inside Bala Beach, tennis courts, swimming pools and Jacuzzis are just some of the many free amenities that make up the resort.
Prices start as low as £40,000 and as Panama is America's number one holiday destination, rental yields upwards of 10 percent can be expected, in some cases rising as high as 18 percent. Property prices have already increased by 50 percent in the last two years.
Bolstered by this solid growth in real estate, as well as growth in construction, banking and shipping sectors, the economy grew by more than 10 percent in 2007 - one of the fastest economic growth rates in Latin America over the past three years.
Panama currently has the highest GDP per capita in South America, yet its huge economic growth is likely to continue for at least ten years. The country has been largely driven by its inter-oceanic canal, and with the expansion due to be completed in 2014, Panama's GDP growth is expected to double or even triple.
Add to this the likely September signing of a free trade agreement with the U.S and the future looks bright. In 2007 alone, Panama and the United States exchanged more than $4 billion worth of goods - nearly twice as much as just four years ago. The free trade agreement will build on this vibrant trade relationship by immediately eliminating tariffs.
All the above makes Panama an excellent place to invest in property, for short-term gains and/or long term security.
Find out more about Panama investment property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
The Philippines: Strong Growth in Testing Times
On Friday, the Philippines Economic Planning Secretary Augusto Santos said he expected annual economic growth to slow between 5.2-6.2 percent in the first quarter as high oil and food prices hit consumption.
Despite this, 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.
In particular, the housing backlog of 3.8 million units has left 70 percent of the country's 90 million population (approx) 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.
Construction is booming across much of the country, especially in Manila, a mostly low-rise city where dozens of residential towers are beginning to dot the skyline. According to David Stanley Redfern research, at least 38,000 new apartments will be available by 2013 in the Makati financial district and in nearby Bonifacio Global City alone.
One such property in Makati is Lancaster the Atrium Towers.
Situated in the heart of the central business district the units are keenly priced and offer substantial capital growth. 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.
With no let-up in demand, the time to invest is now.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
Philippines Property Boosted by Rising Tourism
Tourist arrivals in the Philippines already topped the 3 million mark in 2007, the highest in years, while tourism spending grew by almost 41 percent last year. Yet 2008 looks likely to be an even better year for the Philippines.
In April alone, arrivals were up 4.3 percent on last years figures, a 126% improvement over the 1.9% increase recorded in April 2007. Add to this the possible introduction of a common visa across South-East Asia -- a move expected to streamline tourism to the region -- and the future looks bright for the Philippines.
There is nowhere better placed to profit from this increase than the capital, Manila. Of the 11 cruise ships that arrived in the country throughout January to April; seven of them disembarked here.
It is in Manila; in the prosperous financial district of Makati where David Stanley Redfern's Lancaster the Atrium Towers can be found. Already the location of choice for serious global investors, Makati benefits from an ever increasing number of business users that flock to the area as multi-national corporations and established Filipino companies take hold.
Off plan prices per m2 in the Makati district grew by 40% in the last 24 months and units in Lancaster the Atrium can come fully furnished, fully managed and ready to rent. With business demand already promising rental yields of up to 12%, an upsurge in tourist arrivals merely presents another reason to invest.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
Chalet à Rumière: Swiss Property in the Perfect Location.
Champery is situated within one of the largest ski resorts in the world, Portes du Soleil. With 650km of pistes, 206 lifts and gondolas, 243km of cross-country skiing, 7 funparks, 3 halfpipes, 2 countries and just one lift pass; there are so many runs it would take weeks to ski them all.
Yet Champery itself is a "picture postcard village", famous for its quaint charm. With the staggering, jagged beauty of Les Dents du Midi mountains as a backdrop, the village offers both a delightful sanctuary and a warm welcome to any visitor.
Champery is surrounded by hiking trails, great climbing sites, and is in the middle of one of Europe's premier mountain biking regions. The village itself hosts a brand new sports centre with tennis courts, swimming pools indoor and outdoor, and much more to enjoy come snow or shine.
Located on the rte de Rumiere above Champery, the chalet is less than 1km from the centre and cable car; boasting easy access in a tranquil location with panoramic views of the Dents de Midi.
Built across 3 floors, and covering 210 m2, the 3-bedroom Log Cabin Chalet is fully equipped with two entrance halls; fireplaces; double en-suite bedrooms; open plan kitchen; 2 car garage; terrace and balconies.
Those looking for a sound investment in a country that offers buyers low tax rates, high living standards and regularly achieved 6% rental yields would be hard pressed to find a better location.
India's property market will stay alight
Yet this is no fast burn - earlier this month wealth management group Merrill Lynch predicted a 700 percent increase in the Indian property market by 2015. While a report by investment bank Goldman Sachs suggests India could overtake Britain as the world's fifth largest economy within a decade, and by mid-century, may even surpass the US to become the world's second biggest economy after China.
India is already achieving GDP of US $1.50 trillion. And bolstered by strong domestic demand, economic growth, corporate strength and huge spending on infrastructure, India's property market is expected to be relatively unaffected by the global credit crisis.
This strong economic growth is partly a reflection of India's unique demographics; - over half the current population is under 25 - by 2015, India's middle class alone will be 983 million. By 2020, the country will hold the world's largest population of workers and consumers.
It is this huge mass of ambitious young Indians who are rejecting the traditions of living at home in favour of their own property. And with the number of people earning more than $5,000 a year set to double to around 20 million in the next two years, demand for small apartments is expected to mushroom.
Investment property specialists David Stanley Redfern have already sold all small apartments in their Mountain View development in Rudrapur. Similar apartments in Orchard View are set to move quickly as investors seek to benefit from an area hoping to attract just some of the 2.5 million students that graduate from Indian universities each year.
Designated a Special Economic Zone by the government, the massive industrial estate on the outskirts of Rudrapur is home to global corporations and an ever increasing number of factories. When the 450th one is completed in December 2008, around 50,000 people will be employed directly and a further 250,000 indirectly.
Those moving to Rudrapur will need rental accommodation, and Ocean View's affordable apartments have been built to provide just that.
Find out more about Indian property
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
Albania Property Most Popular in 2008 so far
Tirana property is particularly popular, and the area around Tirana's artificial lake is a particularly popular area within Tirana. On a recent fact-finding mission to Albania, David Stanley Redfern's operations manager brought new developments back and also ordered that some be removed from the website for various reasons. This means that David Stanley Redfern's Albania property is now nothing but the best investment property in Tirana.
Though more properties will be added soon, David Stanley Redfern are currently offering three Albania properties, all of which are in Tirana, and 2 of 3 in the sought after Lake District.
The newest development is right on top of Tirana's artificial lake, and back on to a second lake, which is currently dry, but will soon be a fantastic waterscape. The Twin Lake development is an off-plan complex of 1 bedroom apartments with prices starting from just £40,000.
David Stanley Redfern's other Tirana Lake District property is the aptly named Lake District residence, again it is an off-plan complex of 1 bedroom apartments, priced from £56,000.
Last but not least is the Dajti Views development, a little further back from the lake, but with the added extra of being a short way from the lift up the Dajti Mountain, which is very popular with tourists. Dajti Views has fantastic views of the mountains, and of Tirana Lake, and you can get a 1 bedroom apartment in the development for just £26,000.
Find out more about property in Albania.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
First-time buyers do better abroad
Now a growing a number of UK first-time buyers are looking overseas in an attempt to sidestep Britain's challenging property market. Around half of first-time buyers say they would buy abroad in order to get on the property ladder, while the number of new buyers prepared to think globally about property has doubled in just 10 months.
The head of international research for overseas property specialists David Stanley Redfern said:
"Countries at their peak are seeing property values appreciating by anywhere up to 30 percent. On top of that, investors can often start earning a weekly or monthly income from the rental of their overseas property almost immediately, money which can be put back into a deposit for a UK property."
First-time buyers are indeed doing just that. Far more adventurous than their holiday home-buying predecessors, would-be investment owners are turning to emerging markets such as Eastern Europe and the Far East in the hope that their rental income and capital gain will increase their purchasing power back home.
For instance David Stanley Redfern are marketing the Dajti Views Development in Albania, in which you can get a 1 bedroom apartment for £26,000. It is impossible to get on the UK property ladder with that amount of money. But in 5-10 years Albanian property could well be worth anywhere from twice to four times as much - a far greater return than is possible in the U.K.
With Britain's unpredictable weather, and Britain's unpredictable market, perhaps it is time to join the masses of first-time buyers heading to the sun.
Find out more about Albanian property
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Thailand Common Visa
The move would see a single visa for all 10 member countries of the Association of South-East Asian Nations (ASEAN).
Speaking on Friday 23 May, Philippine President Gloria Macapagal Arroyo said Thailand and the Philippines would jointly push for the common visa when Bangkok assumes the ASEAN chairmanship in July.
In 2007, almost 30 million non-ASEAN tourists visited the 10 countries in the region, which include Brunei, Indonesia, Malaysia, Singapore, Vietnam, Laos, Cambodia, Myanmar (Burma), the Philippines and Thailand.
But Thailand is the region's top tourist destination, and Koh Samui is the jewel in the crown, enjoying occupancy rates of over 80% year round.
David Stanley Redfern have a number of properties on the island for those looking for a secure and stable investment. The exclusive modern villas in the Maenam Hills, for example, offer manicured tropical gardens and full resort services.
The villas are just moments away from the famously up market Santiburi Golf and Country Club (which boasts a superb course with sea views and a terrifically indulgent spa), the paradise shores of Maenam Beach. The delightful village of Maenam is also within walking distance of the development, and is home to many sophisticated international and authentic Thai restaurants.
With flight links into Samui from Hong Kong, Singapore and Kuala Lumpur and over 20 flights to and from Bangkok every day, Maenam Hills would serve as the ideal luxury home from home for those wishing to travel freely to other countries in the region.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
New Dominican Republic Property Bargain of the Year
"Yeah, unbelievable, I know my colleague hates me right now, because it is him who's gone on record as saying Margarita is the cheapest place to get a Caribbean property, and then I go and source luxury Dominican Republic apartments at 7 grand cheaper.
But in actual fact we were all pleasantly surprised by the new property. When we started researching Margarita, the price of property there being lower than the previously cheaper Dominican Republic, was one of the biggest factors in us entering the Margarita market, that and massively rising tourism. Who could have predicted one of the biggest bargains in overseas property coming onto the market just a few weeks later?"
"I don't hate him for getting the new development," added his colleague, "in fact I'm completely chuffed about it, whether it left me with egg on my face or not. 1 bedroom apartments in a luxury, fully equipped resort, just a 5 minute walk from one of Dominican's most popular beaches, Sosua, are good news for everyone in the company, and all our clients."
They both were referring to the Apartment-Hotel Complex in Dominican Republic Sosua, a development of fully serviced studio apartments priced from just £24,000. The complex is a long-standing and successful resort, the fact that it isn't off-plan makes the low prices even more on an astonishing bargain.
The hotel has average occupancy of 75% due to under supply of quality rented accommodation in the area. The stable rental income which comes from a popular resort such as this practically guarantees a quick and profitable sale for pure investors, and a very successful endeavour for holiday home investors.
Find out more about Dominican Republic property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Overseas Property: Resale Markets Boosted by British Emigration
Some would say the growth in relocating Brits was almost inevitable, with exponential rises in yob culture, and its spreading to the suburbs, and even small villages, as well as flights becoming so quick, so cheap and such an integral part of daily life.
David Stanley Redfern have experienced the rise in Britons buying property abroad to emigrate at first hand, Operations Manager said:
"Yeah, we sell all the time to people who plan to go and live in their property abroad, the increase has been noticeably rapid. Canada is popular with those sorts of buyers, but we have even sold to people moving to places like Montenegro, and Malaysia."
The head of international research for the overseas property investment specialist added:
"While this isn't particularly good news for Britain, with so many of our skilled workers taking their skills abroad, it is good news for the overseas property industry, specifically in Canada, the U.S. and the other popular emigration destinations. Increasing emigration from an affluent area like the U.K. will massively strengthen the resale markets in those countries, and ensure the people currently buying off-plan make the profit they project on the resale market in spite of global slowdowns."
Find out more about buying property abroad, for emigration, holidays, investment or retirement.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Overseas Property Specialist Reveals Most Popular Locations
"There is a lot of doom and gloom about the industry in the news at the moment, because of the credit crunch, but we have not seen one negative effect so far, in fact we had more enquiries last week than we have had in any one week before. We think that releasing our most popular properties, because they are so widely varied in location, it will perk up the industry by showing global property is still as popular as ever."
According to the release the most popular country with browsers of the DSR website, is unsurprisingly Albania, Cambodia is second and Canada third, whereas Canada is most popular with searchers, with Albania a close second. The biggest surprise is Italy, which is the third most searched for country, but is the sixth most visited by browsers of the site, and to confirm the major difference between browsers and searchers, Germany is the fourth most searched for country, whereas Germany only just made it into the list, as the ninth most visited by browsers of the site, and Montenegro the ninth most frequently searched country, didn't make it into the top ten most popular with browsers.
The complete findings are as follows:
Most searched for countries:
1. Canada
2. Albania
3. Italy
4. Germany
5. India
6. Malaysia
7. Thailand
8. United States
9. Montenegro
10. Fiji
Most Popular with browsers:
1. India (including Goa)
2. Albania
3. Cambodia
4. Canada
5. Philippines
6. Italy
7. Thailand
8. Malaysia
9. Germany
10. United States
Find out more about the most popular property investment destinations.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Rudrapur Property One of Best Investments Ever
Since Rudrapur was made a Special Economic Zone by the Indian government, the tax incentives have attracted some 458 companies to build factories in a massive industrial estate on the outskirts of Rudrapur. Mountain View sold out in record time as people realised the shortage of affordable housing all the new factories were going to create, the fact that it was right by the new bypass making the factories a five minute drive away also helped.
The new development, Orchard View is also on the bypass, and also a five minute drive from the factories. The apartments are finished to a high standard, with luxurious interiors including marble floors, with the hope of attracting the factory managers. But one of the biggest selling points of both developments has to be the price.
1 and 2 bedroom apartments are available in the Orchard View development, with prices starting from just £25,000. Like Mountain View the grounds were designed by a leading Indian architect, and the complex and grounds are maintained and serviced by a team of professional gardeners and handymen.
Owing to the low prices, and the aforementioned massive short-fall of affordable housing for all the factory workers and managers, buyers of Orchard View apartments can easily expect rental yields of around 6-10%, and capital appreciation certainly not less than 15% per year, and potentially anywhere up to 30%.
Find out more about Rudrapur and India property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Cambodia Property: Untapped Potential Revealed as Tourism Grows
Visitor numbers to Cambodia grew to 2 million in 2006, 60% of whom flew into the country. And with Cambodia being hailed as the new Thailand, because of its virgin white sandy beaches, and undiscovered tropical locations prompting a further 20% rise in tourism for 2007, it is hoped the new airline will be an added boost to the clearly flourishing Cambodia tourism market.
The head of international research for David Stanley Redfern gave his view on the possible effect the airline will have on the Cambodia property market:
"New air routes are always good news for property markets, but the new Cambodia airline, and the likely increase in flights it will generate will be of special significance in Cambodia. The massively successful property markets of Malaysia, Thailand, and Thai islands like Koh Samui, have largely been fuelled by tourism, well in Thailand almost completely fuelled by tourism.
"But in Cambodia, property market growth has been largely limited to Phnom Penh, and fuelled by growth in commercial, business, financial and services sectors. The recent massive increases in visitor numbers, which will be helped by the new airline, will spread property market growth to other areas, and new Cambodian property hotspots will be emerging very soon - perfect timing given that the Phnom Penh property market is showing signs of levelling out."
Even though Cambodia property has been among the hottest for the past two years, it seems the surface has barely been scratched on the country's property investment profitability.
Find out more about Cambodia property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Canary Islands Property Growing in Popularity
This is a major insight into the Canary Islands growing popularity as a property investment destination. David Stanley Redfern, ever-a-finger on the pulse of overseas property investment trends have just added a new Tenerife property: the Parque don José, a fully equipped resort development, in an area perfect for holiday makers, near Las Galletas in Costa del Silencio.
The head of international research for David Stanley Redfern, had this to say on the property's growth potential:
"As an investment, Parque don José has bucket loads of potential, especially for holiday home investors, i.e. who intend to make money from its rental when hot holidaying in it themselves. Though never scorching, the Canary Islands is warm all year round, and Tenerife tourism is on the rise again as Spain gets too hot, sticky and crowded, so occupancy on Tenerife property will be between 80 and 100%, allowing investors to make rental yields of between 8 and 10% depending on how much the use it themselves.
"Capital appreciation on these apartments is likely to be around 10%-15% per year. Tenerife property prices are slightly higher than some of the new emerging markets, but you are paying extra for the safety of buying an existing property that you can use/rent-out straight away, and in a secure, established market, which also has a well developed infrastructure already geared up for tourism, making it the property easy to market for holiday rentals.
Planning permission was recently passed for a new five star hotel, an artificial beach and a spa, indicating that Costa del Silencio is a new growth area. The Parque don José resort itself has just received an EU grant, to be used for making massive upgrades to the resort, which will push up prices. Now is the time to buy.
Find out more about Canary Islands property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
David Stanley Redfern Reveal Top Property Hotspots - Part II
No 3 - Isla Margarita - Venezuela
After first rearing its head towards the end of 2005, Margarita Island, off the north coast of Venezuela is finally starting to get the attention it deserves from international tourists and investors. The only Caribbean island outside the hurricane belt, Margarita has knocked the Dominican Republic of the spot as the cheapest location to buy a Caribbean beach house. And with Margarita visitor numbers increasing by hundreds of thousands per year, attracted by its all year round warm climate, Margarita's economy, and property prices will grow massively in the next 2-5 years.
An off-plan development, where you can now buy a 1 bedroom for under 30k, will be worth anywhere between 50% and 100% more in 2 years time. Rental yields will go up from the current 6-8%, to 8%-12% over the same period.
No 4 - Fiji
Fiji is going to be massive for much the same reasons as Margarita. Autralia and New Zealand have both been massive on the property investment front, but they are now established markets and property is now on the pricey side. Fiji already has their climate, beautiful turquoise warm seas, as well as coral reefs and all the water wildlife that inhabits them and the waters surrounding them. The infrastructure and holiday amenities are developing at a rapid rate, as is visitor numbers to these beautiful pacific islands, where the cost of living is so low, and you can do anything from basking in the sunshine to swimming with turtles.
As tourism grows massively so does the economy, but the biggest benefit to Fiji's growth potential is the incredibly low prices of off-plan property. DSR currently have studio houses from £25,000, which are likely to be worth £35,000 - £40,000 when they are built, and £60,000 - £80,000 in 2 years time. Rental yields are currently around the 8-10% mark, and may well see growth in the next 2-3 years.
No 5 - Cambodia
The main growth in Cambodia property has centred on Phnom Penh thus far. Phnom Penh's massive growth in the past few years means the market is looking like it might level out, and property is not as cheap as it once was. That said, there is still plenty of room for capital appreciation; as Phnom Penh's business and commercial sectors continue to see massive levels of growth, rising affluence as well as a rapidly emerging tourism sector will see property prices continue to rise by at least 15%-25% per year.
Bear in mind there is still very little in the way of off-plan development in Phnom Penh, these coming onto the market could see spectacular growth. The Cambodian governments new plan to re-launch the national airline, as Cambodia tourism begins to see massive growth, is likely to spread growth, and new Cambodia property hotspots will start to emerge, especially around Cambodia's beautiful unspoilt coastline, which is beginning to rival Thailand and Bali as a regional tourism hotspot.
Find out more about the hottest investment property overseas.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Thailand Property Investment: The Future is Bright
In March the finance ministry said government efforts would push private investment up to 9.7% from 0.5% last year, and that private consumption should grow to 4% this year from 1.4% last year. The finance ministry predicted six percent growth in the 1st quarter of 2008 and its predictions were right on the money, but for those who need a little more convincing the Institute of International Finance (IIF) said growth would accelerate in Thailand this year, as growing exports to non-U.S. countries off-set falling demand from the States.
The IIF predicted Thai GDP growth would expand to 6% from 4.8% last year. The IIF also said that rising inflation caused by the rising cost of basic materials was the biggest challenge facing Asian economies, but in a refreshing statement it said that the problem would subside shortly and that worry over the problem had been greatly exaggerated.
The two reports are good news for investors who are looking to Asia, as it is seen as having the best chance of weathering the global storm, a sentiment again backed up by the IIF; "The leading emerging markets in Asia are well-positioned to weather uncertain and less favourable global conditions," were its exact words. Head of international research had this to say:
"Continued growth in Asia is excellent news for property investment in Thailand, especially in the emerging markets of Thailand's islands of Koh Samui and Koh Phangan, where growth is primarily fuelled by spiralling regional tourism. Property prices in Koh Samui, an island with more five and six star resorts than any other in the world, grew by 50% per year, in 2006 and 2007. Continuing growth in Asia will see tourism growth continue and capital appreciation stay at similar figures. Koh Phangan is the new kid on the block, and luxury resort property there is just as hot for investment, growth figures are unclear as it is a really new market, but with Phuket and Samui as comparisons growth will not be any less than 25% per year, and could hit 50% in 2010."
View David Stanley Redfern's Thailand property, mostly in Koh Samui and Koh Phangan.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Montenegro Property: Europe's Next Big Thing
Plans are being drawn up to turn Montenegro's coastal areas into massive tourism resorts, and the masses of money being poured into the infrastructure since last year, is beginning to take effect, and work is still ongoing across the country.
Tourism revenues for such a tiny country were over 1billion dollars last year, and visitor numbers were far higher than the small countries population.
Property prices have risen considerably since Montenegro became popular, but you can still get a real bargain if you know where to look. David Stanley Redfern are currently marketed two extremely good value Montenegro properties.
The Lakeside Park apartments are the second release on the Lakeside Park developments, following the incredibly popular Lakeside Park chalets, which sold out recently. The development is, as the name suggests, on the banks of Slano Lake, near Montenegro's second largest town, Niksic. But you would never know it, the location is like a snapshot advertisement for the beauty of Montenegro's countryside, rolling hills, sweeping valleys and an environment that you can really relax in.
Of course for those who want to be active, there is fishing and water-sports on the lake, bird-watching, walking, and Niksic has all amenities and facilities for a perfect family holiday. Prices start at just £25,000 for a 1 bedroom apartment.
David Stanley Redfern's other Montenegro property is in the beautiful coastal peninsular of Lustica, nr the small village of Zambellici. The development is a short-way from Montenegro's beautiful coastline and only 10mins from Tivat international airport. Again Lustica is as picturesque as anywhere else in Montenegro, but has added extra's like medieval towns and villages in near perfect condition, perfect for sightseeing and history buffs. Prices start at £50,000 for a 1 bedroom apartment.
Find out more about Montenegro property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Emerging Market Property Investment: Fortune Favours the Bold
They explained that emerging markets are currently excellent investment locations, because the two big emerging markets, China and India, are massive importers of the basic materials that the new emerging markets are exporting cheaper than any of the established markets.
For a long time now I have said that a global market slowdown will actually be good for emerging markets, because as people and businesses tighten their belts, they will increasingly turn to the lower cost of the new emerging markets, to relocate their operations to, outsource to, import from, and holiday in.
This can only be good news for emerging market property. When you buy a property in an emerging market, you are buying to capitalise on either the influx of businesses, the influx of tourists, or, if you're lucky, both.
You are relying on these things, a: because incoming tourists and businesses importing their top level management, translates to lots of people to rent out your property to. But also, because the incoming money, be it from tourists or new business and the employment thereof, increases the affluence of the area, this causes living costs and the cost of building materials to rise, which then means wages have to go up, translating to increases in the costs of building properties, all of which pushes house prices up, sometimes by as much as 50% per year.
You will only get growth like that in an emerging market. Some people, and I don't mean Joe down the road, but well respected people in the industry, say that emerging market property is cheap, and likely to stay that way.
But I have always said, once a market starts to emerge, be it triggered by growth in new businesses or tourism growth, the cycle I laid out above begins and it is a cycle that has perpetual motion; increasing house prices means more money in tax revenues, wealthier developers putting money back into the economy, thus continuing to increase affluence, not to mention members of the local communities getting promoted, small business becoming big from rising tourism, all translating to rises in living costs, higher wages and keeping house price growth strong.
Some would say that investing in an emerging market property is a bold move, but in that case - as Standard Life's announcement proves - the saying: fortune favours the bold has never been more true of anything, than it is of an emerging market property investment in the current climate.
Find out more about emerging markets.
Philippines Property: Internal Sales Increase as External Fall
Most of the development is happening in Manila, specifically in the Makati financial district, and especially high rise condominiums and apartment hotel complexes.
David Stanley Redfern are ideally placed to comment on sales figures for High Rise apartment complexes in Manila's Makati financial district, and operations manager for the overseas property specialist did just that:
"Our Lancaster Atrium three tower high rise apartment complex is selling like hot-cakes. The first tower was sold out before completion, and having pictures of the finished first tower as visual aides in marketing the second tower, have helped to ensure it has sold just as rapidly. The second tower only has a few of the larger units remaining, and we have started taking advance orders for the third tower."
He refers to the Lancaster Atrium, a development of studio, 1, 2 and 3 bedroom apartments in the heart of the Makati financial district. Studio's originally started at £27,500, but prices increased by 17% last month, making the starting price for units in the development around the £33,000 mark. Given the growth in Philippines property, when the third tower comes on to the market it is unlikely you will be able to get a studio apartment for any less than £35,000.
David Stanley Redfern's research department have predicted sustained growth of at least 24% per year in the Philippines, for at least the next 5 years. Anyone who wants a studio apartment now will need to wait for the release of the third tower, but would be advised to get in as early as possible before the inevitable price rise.
Find out more about Philippines property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Overseas Property: More Signs for Sustained Growth
The yobbish behaviour and living costs are unlikely decrease anytime soon (short of a miracle), so the number of Britons moving abroad will continue to rise. As people emigrating are usually looking to buy existing houses, as oppose to off-plan, this is great news for secondary housing markets, especially in the most popular countries mentioned above.
This is also great news for the overseas property investment industry, as overseas investors usually buy off-plan in order to make the biggest gains, and a frequent worry is whether they will be able to sell for their projected profit; will there be anyone to sell to, and according to this report, the answer in Canada, the U.S., Australia, and New Zealand is a definite yes.
The Sunday Express recently reported that the number of young Britons investing in property overseas continues to rise, despite falling U.K. house prices, prices still haven't fallen substantially enough for first-time buyers, and this is also great news for them.
I wrote in my last article that all the signs point to the overseas property market continuing to be strong, and the two latest reports only strengthen my standpoint.
Find out more about overseas property
The Year the American Property Market Bounces Back
Many analysts have already put their money where their mouth is and stated that they believe 2008 will be the year of the U.S. recovery, a massive property investment specialist like Weis Group confirming their research will make their statements a virtual reality in the eyes of international property investors.
Head of international research for David Stanley Redfern gave us his thoughts on American property.
"I have been saying for some time of the great irony: that the buying frenzy triggered by the U.S. subprime crash, as the combination weak dollar and falling property prices had people from the U.K. and around the world taking the opportunity to get their dream home/investment property in the states at a bargain price, might actually start a recovery in the American property market, and it seems I may not have been too far wrong."
David Stanley Redfern took on American property just last year, on that very belief, that the American property market had fallen almost as far as it was likely to, and the beginnings of a recovery were just around the corner. DSR's client's who have invested in the American property, could in 3-5 years, it seems, be very glad they did.
Managing Director of the overseas property specialist, David Redfern had this to say:
"It is always nice when you make a move that some people may quietly think is risky, and some of your competitors may even have a sly snigger, and it proves to be massively successful move for both you and your clients. As our research department said a few months back, and has maintained fervently ever since, 2008 looks like being the year the U.S. recovery will begin, but there still looks like being a little time for investors to get in on the low priced action."
Find out more about American Property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Malaysia Property Market Will Continue to Grow
The rising cost of building materials had people running for the hills shouting about how it would cause developers to wait and see what the market held in store before bringing their new Malaysia property onto the market. But that has not been the case; there are still plenty of new developments being unveiled in Malaysia.
David Stanley Redfern have just brought the Vivaldi development in Kuala Lumpur onto the books, an amazing development of luxury off-plan apartments, in the stunning Mont-Kiara district of Kuala Lumpur. Residents enjoy unique luxuries like a private lobby and elevators opening straight into apartments etc, as well as the obvious benefits of capital city life: being walking distance from great restaurants, high-end shops and boutiques, and even international schools.
Head of international research for David Stanley Redfern gave his views on Malaysia's potential:
"With global markets and economies having become so intertwined, when a big market like the U.S. starts to wean, it does trigger a domino effect, and that makes it easy for everyone to start battening down the hatches. But global markets becoming intertwined, and companies becoming so multinational as flights got cheaper and the massive growth in internet use, means there is sufficient money in global business, even in the likes of China and India alone, to regenerate global economies through foreign direct investment. For instance: China and India buying massive amounts of grain from Brazil because it is the cheapest supplier."
"Malaysia grows because Asia is growing, not least through regional and medical tourism, the former increasing by around 20% per year, as the Asian Middle Classes grow, (In India, the number of people earning more than $5000 will double to 20million in the next two years), through new employment, promotion, and rising affluence in start-up businesses.
"Not to mention, the massive number of graduates from Asia's shining educational systems some, going off to be doctors and high-earning lawyers, but some starting up businesses and becoming the next wave of property tycoons, or any other business they think up. Make no mistake, Malaysia property will continue to grow in value, the only effect the global slowdown may have is bringing capital growth down from 15-20% to 10%, which is still solid growth for an established market. Rental yields will continue to be strong at around 8%."
Find out more about Malaysia property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
India Property Market Set for Massive Change
David Stanley Redfern got in on the new trend early with their Mountain View development in Rudrapur, in which 2 bedroom apartment were available for under £30k. Mountain View is almost completely sold out now but another development is being built just up the road, and it will also offer affordable housing, ready to capitalise on the massive demand there will be for such housing in the next two years.
Demand which there will certainly be in Rudrapur, which was designated a Special Economic Zone by the Indian government, offering tax incentives for companies to move into the area. And move into the area they did, with some 450 new factories being built, or already trading on what will become a massive industrial estate on the outskirts of Rudrapur.
These factories will employ 300,000 people when they are finished, at least 50,000 from outside the area and who will definitely be looking for affordable housing to rent, meaning owners of Rudrapur apartments will cash in on the residential lets. But it is also a fairly safe bet that even those employed in the new factories from within the area will be looking for affordable rented accommodation; people living with parents using their new wage to fly the nest, and staff members pairing off and seeking accommodation to move in together.
The latter will also probably mean people from the area looking for homes to buy in 2-5 years, people getting promoted will also bring home sales in the foreseeable future. All in all the future is bright for Rudrapur, and India property as a whole.
Find out more about India property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Berlin Property: The Boom is Coming
NuWire said that the trend towards renting instead of buying makes it hard to make money from re-selling your investment property, as you are likely to be selling to other investors, but if the market and the population turns toward buying their homes, then Berlin property owners could start to make some serious gains.
Head of international research for David Stanley Redfern gave us his thoughts on the potential for such a change in Berlin property:
"Rental rates in Berlin have been rising in almost all districts for the past year, as rental becomes more expensive, and closer to monthly mortgage rates, then people will realise it is more cost effective to buy their property. When that happens property prices in Berlin will start to be driven up. On top of rising rents, the government has just approved a subsidy program, allowing people to use their government subsidised pensions to buy property. When the bill is passed, it will provide another potential trigger to create a seller's market in Berlin."
David Stanley Redfern, recently opened a Berlin office as part of their Western European Division, and their German sourcers, are currently focussing on Berlin, building on what is already an impressive Berlin range, and ensuring DSR are on board with the best developments and units coming onto the Berlin market.
The plan is to expand from Berlin into other hot markets in Germany. And the full German property range will be on davidstanleyredfern.de
Find out more about German property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
New Italy Property from David Stanley Redfern
Torre San Giovanni is 4km back from the gorgeous beaches on Italy's Ionian coast, 3 miles from the town of Ugento, just over 10 miles from Gallipolli, and only 30 miles from Lecce -- Brindisi airport is about 45 miles away. The area is renowned for having the best beaches in Italy, with the closest beach having a shallow shelf, making it ideal for children and beach sports.
The development is surrounded by acres of vineyards and olive groves, putting it in the midst of the lush green and beautiful countryside Italy is world famous for. Property in locations like that are absolute child's-play to achieve high yield holiday rentals from, and Torre San Giovanni owners will enjoy 9 solid weeks of occupancy in Italy's high season, and a further three weeks during spring break.
Italy's new taxation laws, seeing capital gains tax abolished after a 5 year hold make Italian property an even more attractive investment. Puglia is an emerging market within the established market of Italy, and San Giovanni proves a bargain with prices starting at just £100,000 for a 1 bedroom apartment in such a gorgeous location.
Italy property has been growing in value by no less than 10% per year, and that can be banked on for the foreseeable future, thoughbargain property in new markets like Puglia, could see even higher annual growth. But the biggest benefit of Torre San Giovanni is as a fantastic holiday home. Somewhere you can go to really relax in the beauty of nature and heat of the Mediterranean.
Find out more about Italian property
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com.
Goa Property Still Good for Investment
Despite the price, the resale units are being bought just as readily, by those who want to see what they are buying, rather than take the risk of buying an off-plan development.
However, for those in the mood for taking a palpable risk, there are this year's off-plan developments coming onto the market at very reasonable prices. Though, property is worth massively more on the secondary market, the new off-plan developments are being sold now at not much more than similar off-plan units were being sold last year. And with those units now on the secondary market, as a guide to the kind of profit you can make in the space of a year, these new off-plan properties present a great opportunity.
Head of International Research for David Stanley Redfern gave us his analysis of the Goa market:
"Goa has proven itself as a place where you can make incredibly successful short-term property investments. We have sold units on the secondary market, for 40% more than we sold them as off-plan units. And you will sell on the secondary market, to someone who wants a risk free Goa property. But to be honest, if I was buying a Goa property, I would do so for a long term investment, because when the development scene has slowed down a bit, then sales in the secondary market will be a very easy event indeed, and by that time the value will have increased by even more.
"We have just recently added the first of their 2008 off-plan developments in Goa. We have been scouring the market since the beginning of the year, and only recently did we find a development and developer who could complete our stringent due diligence procedures. And so we now present to our clients the Sun Springs Development, a fully equipped and gated resort in a location central to all Goa's attractions and sites. For those after the security of a resale unit we have a three bedroom villa in the acclaimed Peace Valley resort, another fully equipped and gated resort in a great location."
David Stanley Redfern Launch Russian Language Operation module
The big difference between the two operations is that the German office is charged with sourcing developments, and overseeing inspection trips in Germany, for clients based in Germany and around the world, whereas the Russian office and website is there to facilitate the purchase of DSR property by Russians that don't speak English.
Russians have always formed a large portion of David Stanley Redfern's clientele, though previously only those that had a good grasp of the English language. Now, with Russian speaking staff and a Russian language website, David Stanley Redfern are ready and able to facilitate property purchases for the entire nation of Russia.
Russia made the press recently for having a property boom of its own, but like many industrialised nations, property prices there are now incredibly high. Since they started growing to such levels, increasing numbers of Russians have been looking at overseas property for investment, be it to increase their buying power to get a property in Russia or just to make a profit. However, many Russians are buying overseas property simply as a holiday home.
David Stanley Redfern hit it big with Russian buyers, because at the time they started looking overseas, David Stanley Redfern had property in the countries they were most keen on, such as Ukraine and Finland, Goa and Albania.
But it is not only that, Russian buyers are known for conducting stringent due diligence, into any property and location they consider buying into. And we have become popular with them because we also go to extreme lengths in our due diligence, and so we have the answers for every question they ask. Also because we are always happy to field multiple phone-calls, until they are completely happy with every aspect of the property they are looking at.
Visit David Stanley Redfern's new Russian language overseas property website.
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Property Abroad Popularity Growing Despite Credit Crunch
Property abroad is becoming even more popular, not least because of the people who can't get onto the property ladder, and who buy a property abroad to use the rental income to increase their buying power back home, and/or to use the lump-sum from the profitable resale as a down-payment, or towards paying off their mortgage.
With the credit crunch and UK property prices now falling, you could say that this soon won't be as necessary, but another consequence of the credit-crunch is that it is making mortgages harder to get in the UK, which means buying property abroad will remain a necessary part of some people's path onto the property ladder.
Another big advantage property abroad now has is the fact that profits are proven. I can give examples of Goa properties we sold last year, that are now on the secondary market, and selling for over 40% more than they were last year. Of Thai island Koh Samui properties selling at the end of last year for 100% more than they went for at the end of 2005.
And with investment banking reports that emerging markets will continue to grow strongly throughout global turmoil, because of India and China's need to buy bulk basic materials at low prices, which they buy from the new emerging markets, property abroad has a bright future, a rarity in the present world.
Property abroad has another string to its bow: the security of putting your money into bricks and mortar. Stocks and shares are fine when they are doing well, but they can go from being worth millions of pounds, to not even being worth millions of pence overnight. Property cannot do that. So, if you buy property abroad to make a profit, and you do that's great, but even if you don't you are unlikely to be hurt too badly by it, of course assuming you have chosen carefully in the first place.
Of course, if you buy a property abroad as a holiday home only, then you have nothing to worry about as it will almost definitely be a nice nest egg for those you leave behind, or to pay for kids college fees etc.
So there you have it. In the face of global economic uncertainty and credit crunch anxiety, property abroad continues to grow in popularity, and remains one of the most profitable forms of investment in the current climate.
Find out more at www.davidstanleyredfern.com
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
David Stanley Redfern Reveals Top 2 Property Investment Hotspots
"This will be the first part in a serious that will first cover the top five destinations for short-term investment, and then the top five destinations for long-term investment. Doing them in groups of two allows us to give a more detailed explanation of why we favour each one as a destination for property investment."
No 1 - Philippines:
The Philippines is an incredible destination for a short-term property investment. Using other countries in the region as a guide, and considering the fact that the Philippines real estate growth is based on the same strengths, it is a safe bet that Philippines real estate will grow in value by 20-25% per year. Take Bangkok, where we can now see real estate being sold for twice what they were 3-4 years ago. And Phnom Penh, Cambodia is seeing strong 24%-25% growth year on year.
Philippines real estate growth is fuelled by massive growth in its business and industry sectors, primarily in Manila as major companies flock in to build cheap office towers, inhabited by a cheap work-force, working with manufacturing goods bought just as cheaply. This brings in retail chains in preparation for the increasing affluence of the population. The big corporations tend to relocate the top-level management, and the incoming executives are looking for quality rented accommodation, the same is true as the affluence of local people increases in their new jobs.
David Stanley Redfern's Philippines real estate is perfect to capitalise on the demand for quality rented accommodation. The second tower of the three tower Lancaster condominium development is currently being built in Manila's Makati financial district, and the luxury condos thereof marketed by David Stanley Redfern.
Units now going for £33k will be worth at least 46k in 2 years, and in the region of 60k in 4 years. Even after the Philippines substantial taxes are paid, there will be sufficient profit margin to make this an excellent short-term investment, ideal for a first-timer looking at an entry level investment. As a testament to the growth potential of Philippines investment property, the price of these apartments is going up by 17% on April 16th, so anyone fired up by the Philippines should act quickly.
No 2 - Thailand - Koh Samui Island:
Following the success of Thai island Phuket, Koh Samui emerged onto the property investment scene in a big way just over two years ago. It is now a semi-mature market and the resort properties which make the biggest profit are rarely available for less than £200,000. However, research of late last year showed that people who had bought a resort property in Koh Samui in late 2005 as a short-term investment, sold last year for twice what they paid. This showed that capital appreciation had been solid at an incredible 50% per year for the two previous years.
Thailand's incredible growth is fuelled primarily by incredible tourism figures. As the number of people flocking in for the white sandy beaches, tropical climate and tropical atmosphere increases by 20% per year, resort properties on the beautiful island of Koh Samui will continue to attract a great proportion of the visitors, and property prices continue to grow strongly.
Koh Samui now has more 5 and 6 star resort developments that any other island, and the competition in the market is good for buyers because it is forcing developers to find ways to make their developments stand-out.
This intense competition has led to 2 bedroom off-plan luxury resort villas in Koh Samui's Maenam Hills development coming onto the market at a bargain price of £100k. The competition has also led to more developers offering finance on their Koh Samui property. Buyers can get 50% LTV finance on their Maenam Hills Villa. And David Stanley Redfern has other Koh Samui projects with equally impressive finance available.
Find out more about the best overseas investment property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com.
Dominican Republic Property Investment gets a Boost
The announcement will help the Dominican Republic in that aim no end, because one of the only downsides of holidaying or buying property in the Dominican Republic is the high crime rate, including corruption, which the government and population have been working hard to bring down to a level less detrimental to the country's future.
The fact that Thompsons plans to send its Platinum customers to the country, tells the world in no uncertain terms that the government and population at large have been largely successful in their aims. This will do massive good to the Dominican Republic's reputation on the world stage and now the country can be looked at purely on its strengths.
Dominican Republic was previously the most affordable location to buy a Caribbean beach house, but that title has just been stolen by Margarita. Nevertheless, Dominican Republic's new found peace and stability will increase the chances that, despite its prices being slightly higher than Margarita, it will be able to hold its own and attract more than its fair share of international property investors.
David Stanley Redfern have just what they are looking for. Two developments, one right on top of one of the Dominican Republic's best and most popular beaches, namely Cabarete, and the other not much further away but also close to Sosua beach - both of which are in the town of Sosua.
The beachfront property is the Oasis, a development of 1-3 bedroom beach houses on a fully equipped, enclosed resort, with prices starting from just £67,000. Go just that little bit further back from the beach, and you can get a 1 bedroom apartment, again on a fully equipped resort for under £30,000.
Find out more about Dominican Republic property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
India: Business boom makes property investment a must
As an increasing number of businesses are outsourcing their IT functions to India, property particularly in commercial hubs such as Mumbai, is in high demand but it comes at a cost. Renting office space in Mumbai is even more expensive than in Manhattan.
It seems then that there is good business sense to invest in emerging markets rather than expensive, established areas such as Mumbai.
Rudrapur is one such place that is taking off in terms of investment in business. The government has made the area a tax free zone and there are over 450 global corporations planning to set up businesses there in 2008. Mountain View in Rudrapur offers luxury housing for workers and an affordable investment for you.
Head of International Research for David Stanley Redfern, explained the benefits of the area: "We are seeing businesses flocking to the area since the government designated it as a Special Economic Zone (SEZ). This means businesses pay no income tax for the first five years and receive a 30% discount over the following five years."
"It's not just the tax breaks that are attracting companies to the area," continued he. "Unlike many other parts of India, Rudrapur has a solid infrastructure and great transport links. Electricity rates are the lowest in the country and there is no shortage of water. All this adds up to a great demand for people to live and work there."
The tax-haven is a no-brainer for companies after cheap rents and it's a great opportunity for those wanting to invest in property. There will be 300,000 employees taking up posts in Rudrapur in 2008 and they will all be looking for property in the area.
Mountain View offers residents both beauty and convenience. Set against the picturesque backdrop of the Himalayas the complex is just five minutes by car from the SEZ. It is a serviced complex set within immaculate grounds. The spacious, balconied, two bedroom apartments are finished to a high standard and will appeal to the thousands of management level employees working in the SEZ.
The two en-suite bedroom apartments come with a five percent rental income guaranteed for the first two years.
Find out more about India investment property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Property Investors See Great Things in Albania's Future
This is a major step in Albania's integration into Europe, and a pivotal point in its path to achieving full membership to the European Union.
Though, much work is necessary on the part of Albania, the invitation proves that the steps already taken have been the right ones, and that the desire is there to do everything necessary to achieve full EU membership as soon as possible.
Due to its growth, potential and having things like NATO and EU membership on the horizon, Albania has become property investor's favourite within Europe. Liam Bailey Head of International research for David Stanley Redfern put forward a possible reason for Albania's current popularity.
"In the last 2-3 years Albania has put political and ethnic tensions behind it and began to see some really solid economic growth, with around 8% GDP growth on average. I personally believe watching other countries in the region like Bulgaria and Montenegro start to flourish on the international investment stage, triggered the government and the entire population to take the necessary steps to end the tension for the good of them all. Albania has been growing even on its own strengths, but EU grants and loans to help prepare the country for full membership will only generate even greater growth."
Liam continued: "In that respect, the long road and work needed to gain EU entry is actually good for property investors, because property bought now at low prices, will continue to grow in value throughout the period when EU money is bolstering economic growth in the country. This makes Albania a safe investment destination, even in the face of global adversity."
David Stanley Redfern have several affordable Albania properties, and all are in prime locations. Three of them are in and around Tirana's popular artificial lake, one of which also has views of the Dajti Mountains. And another is in Saranda, overlooking Saranda Bay and with views out across to the Greek Island of Corfu, while property is only a fraction of the price.
Find out more about Albania property.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
Margarita the Latest Property Investment Phenomenon
Margarita is one of the few Caribbean islands outside the hurricane belt, and property on Margarita is less expensive than any other Caribbean island. The Dominican Republic has become big in the investment world, as the cheapest place to buy a Caribbean beach house, but that hot-spot is now inhabited firmly by the Isla Margarita.
Margarita is one of the few truly early-bird investment opportunities on the global market, and people who get in now will be able to sell in 4 years for twice what they paid, maybe even do so in just under 4 years. That was David Stanley Redfern's market forecast for Margarita. The head of international research went on to explain his basis for such a strong prediction:
"A property near a Caribbean beach at these low prices, properly marketed, possibly by a holiday lettings firm, lets you charge less than competing properties elsewhere in the Caribbean, while still getting at least an 8% yield, possibly even as much as 12% or more. Visitor numbers to margarita have been increasing by 300,000 - 500,000 per year since 2004. On the back of the increasing tourism, Margarita's average GDP growth has been 11.4% per year over the same period."
"As Margarita emerges as the next hot holiday destination," he continued, "the developing tourism industry will continue to spread affluence throughout the island, living costs will rise including building materials, wages will rise including builders and labourers, and house prices will be driven up rapidly. Given the low starting point, rapidly means by at least 30% per year, based on similar locations in recent years, making doubling your money in 4 years, actually, quite a conservative estimate."
As he mentioned, Margarita is the most affordable place to buy a property in the Caribbean. David Stanley Redfern, are currently marketing a development of 2 bedroom fully serviced apartments, priced from just £44,000 in the Bahia De Coche Development.
The one thing people could consider a downside of Margarita, is the fact that the island belongs to Venezuela, what with Hugo Chavez talking about expropriating property, or regulating secondary house prices etc. All the developments David Stanley Redfern currently have in Margarita, are either Condominiums or Hotel apartment complexes, making them exempt to any ludicrous law Chavez imposes.
Find out more about Margarita property.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
Emerging Markets Attract the Shrewd Investors
Brazil was quoted as a safe place to invest because, its production of grain and other basic materials, combined with the low cost of said materials, has led to the country benefiting massively from the major emerging markets like China and India, who are importing massive amounts of basic materials to sustain their own economic growth. Russia, Africa and other Latin American countries also got a mention in the report.
Head of International Research was wholly in agreement with the report:
"This report is good for the property investment industry, especially those, who, like us focus on the strengths of emerging markets. I myself have many times drawn attention to the fact that many emerging markets have the potential to survive a global slowdown, because business will increasingly move their operations into cheaper locations, import their goods from cheaper places, and tourists will start to look out for places where they can holiday cheaply."
"Brazil ticks all those boxes," continued he, "but Brazil is not the only country that is, and will continue to benefit from the changing global economy. Albania, Montenegro, the Philippines, Cambodia, Costa Rica and Panama as well as the Thai islands of Koh Samui and Koh Phangan, are the emerging markets we are focussing on, because for us, their affordable attractiveness to businesses, and/or tourists puts them in prime position to not only survive the global slowdown, but continue to see substantial growth."
David Stanley Redfern have property in all the locations mentioned above, including some very affordable properties with finance in Koh Samui, Brazil land plots from under £7000, and Brazil apartments from under £20,000.
Find out more about David Stanley Redfern's property in Brazil, other emerging markets, and established markets around the world.
Property Berlin: You're Chance to Play with the Big Boys
Head of International Research for David Stanley Redfern, gave his thoughts on what this means for the German property market:
"These major players buying thousands of apartments throughout Berlin and Germany are likely to use their considerable financial clout to create somewhat of a seller's market, and/or to increase incentives for people to buy. Most notably raising rents, and increasing the availability of finance packages, as well as the percentage thereof."
The head of DSR's new Western European Division, said that their plans are already beginning to take effect, with "prices and rental rates finally seeing some real growth, the latter triggering an upsurge in people willing to buy their property as oppose to just renting."
Berlin then, currently presents one of the best investment opportunities on the global market, because property there is more affordable than any other established market. Put simply, you can buy into the safety of an established market, with the price and potential of an emerging market property.
David Stanley Redfern's new Western European division, consisting of a fully staffed office, and a team of sourcers, gives them the ability to maintain what has become one of the liveliest portfolios of German properties of any other worldwide agent operating in the market. Currently DSR are focusing on Berlin property, but plan to offer property throughout Germany as decent opportunities become available.
David Stanley Redfern even have 3 bulk investment opportunities, where tens of apartments are being sold as a package. This gives serious investors the chance to play with the big boys like Meryl, Lynch, and fully capitalise as the latter's efforts to generate return on their investments continue to bring about growth in the market.
DSR's bulk Berlin investment opportunities include: a development of 1 commercial unit and 8 apartments in Kreuzberg, and a development of 2 commercial units and 6 apartments in Pankow.
Find out more about German property.
Costa Rica Property: The Medical Tourism Factor
These countries are most popular because of their advanced, high quality health services, and low costs. Malaysia and India attract people from all over the world, as do Costa Rica Brazil, and Panama, but the latter three attract the most U.S. citizens, because of the above reasons as well as their Americanised cultures.
Costa Rica's medical tourism industry is one part of the economy that has been growing lately, and experts predict this is a market sector that will continue to see growth for the foreseeable future, especially given that these places are developing people's trust having been popular with medical tourists for a few years now, and benefiting from word of mouth. Trust is an integral part of a developing country becoming popular with medical tourists.
David Stanley Redfern releases have touched on the growing medical tourism industry in Costa Rica before, but only that growth in the sector will continue Costa Rica's ability to grow economically, and how the incoming visitors are strengthening the rental market in Costa Rica.
The factors not mentioned were, that countries like Costa Rica, in order to maintain their reputation as a medical tourism destination, must make themselves attractive to specialist surgeons from more advanced countries. To do this they rely on the ability to provide high quality rented accommodation. This is excellent news for the Costa Rica property market.
Medical tourism is yet another growing string to Costa Rica's economic bow, which already has unique tourist attracting features, like the fact that it boasts five percent of the world's ecology, in only 0.003% of the world's land mass. But other places in Latin America have equally rich and diverse ecological systems; Costa Rica is set apart by its stability and safety, making it ideal for family holidays.
Costa Ricans readily boast that their country has no need for an army, the country is so peaceful that schoolchildren oversee election parades, and there are more doctors in the country than policemen and women. Perhaps the latter feature played a part in Costa Rica ranking above the U.S. in a recent study into world health services, and also plays a part in Costa Rica's success in the new medical tourism phenomenon.
Find out more about Costa Rica property
About David Stanley Redfern
David Stanley Redfern 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, 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 at media@davidstanleyredfern.com
Canada Property: Established but Emerging Market
"I would call Canada, the only established market in the world, where the property market is only semi-emerged; meaning there is room for emerging market level growth on carefully chosen Canadian property. Our Rouge River developments are an excellent example of this: We have one acre land plots for £28,000, in an area where 50-100,000 is more typical for land plots of such a size. You can get a 3 bedroom chalet on the same development for £150k, again, other developments in the area, including one only a short way away are selling similar properties for 500k etc.
"Even on the developments with much higher prices, properties are being snapped up because of the excellent location. Being almost smack bang centre between Montreal and Mt Tremblant, means you can attract rentals from tourists and visitors being drawn in by both places. Property at prices like that in such a fantastic location gives me the ability to make almost a guarantee instead of a prediction: Rouge River properties will not grow by less than 20% per year for the foreseeable future, and could grow by a whole lot more. The low starting price means you can rent your property for cheaper than Montreal and Mt Tremblant accommodation, and still make an impressive 10%+ yield."
David Stanley Redfern's 2 conjoined Rouge River developments stand above the others in that 100 miles of the Rouge River runs straight through the developments, a 100mile bicycle trail runs along its bank, the latter becoming a cross-country ski trail in winter. From skiing to pick-nicking, cycling to kayaking, not to mention just enjoying the beauty of nature, or taking a short drive to Montreal, or Mt Tremblant, -- the latter to go Alpine skiing when you get bored of cross country -- the Rouge River developments truly have something for everyone.
David Stanley Redfern's two developments are joined together, but all properties on one of them, The Land of Paradise development are frontline, and on the banks of the Rouge River. Whereas, the Rouge River development, starts behind the Land of Paradise development, and plots start at a few meters back from the river.
Find out more about Canada property
Berlin Property a Safe Harbour in Financial Storm
In contrast to other prosperous German cities, low rent and abundant supply of space are drawing companies to Berlin. At the same time urban regeneration efforts have led many neighbourhoods in the former East Berlin to become increasingly fashionable. Jam-packed with cafes, boutiques and a thriving art scene, Mitte, Prenzlauer Berg, Kreuzberg, and Friedrichshain are now among Berlin's most sought after addresses for young professionals. With over 80 percent of Berlin residents renting, demand for these areas is likely to remain strong, particularly for the lower priced segment of the market.
At the same time, changes in the law have allowed landlords in the city to increase rents up to 20 percent in a three year period. Publicly owned housing stock is increasingly being bought by prominent private investors, including Goldman Sach's and Morgan Stanley's property funds, which is beginning to drive prices up. Savvy investors who get into the market while prices are still low can expect a healthy return on their investment.
To help investors take advantage of the favourable market conditions, David Stanley Redfern is offering a one-bedroom property in trendy Friedrichshain. Built in 1910 and refurbished in 2002, the building boasts historic charm combined with all the modern conveniences. Facing a courtyard, with laminate floors, spacious rooms and modern bathroom fixtures, the 57 square meter apartment is not only attractive but also a sound investment.
Already tenanted with scheduled yearly rent increases, David Stanley Redfern projects a healthy rental yield between 4.2% and 5.8% and expected capital appreciation of 10% as the neighbourhood continues to gentrify.
Unprecedented Growth Makes Berlin Hot for Property Investment
According to a major study into the Berlin housing market in the first quarter of 2008, rental rates are growing in every district in the city. It is 50/50; in 6 of the 12 districts rental rate growth is accelerating, and in the other 6 it is slowing, but in none are rents bottoming out or falling.
In the same report last year, rental rate growth was accelerating in only three districts, Spandau, Charlottenburg-Wilmersdorf, and Treptow-Köpenick, in all the rest rents were either bottoming out or falling.
In Spandau, which displayed the fastest growing rental rates in last year's report, rental rate growth has begun to slow according to the recent report, but in the other two districts that saw accelerating rental rate growth last year -- Charlottenburg-Wilmersdorf and Treptow-Köpenick -- rental rate growth is still accelerating.
Mitte and Neukölln, two districts that saw falling rental rates this time last year, along with Pankow and Steglitz-Zehlendorf, that both saw rental rates bottoming out last year, have joined Charlottenburg-Wilmersdorf and Treptow-Köpenick in the rental rate accelerating bracket in this year's report.
The fact that 5 of the 6 districts now seeing rental rate growth slowing, were in the rental rates bottoming out, or rental rates falling brackets in the report this time last year, means that they must have seen accelerated growth at some time over the past year. This shows that Berlin rental rates have been on an upward trend for the past year.
Germany's government is strict about rental rate rises in Berlin. It has to be, to avoid people being priced onto the streets because of the large portion of Berlin's population forced to live in rented accommodation, because they haven't been able to buy their own home. Landlords are only allowed to raise rental rates when the economy and wages are growing, and even then by no more than 20% in three years. Berlin rental growth is so strong now because the economy is at one of its strongest points.
The extremely large proportion of Berlin residents either forced or choosing to live in rented accommodation (82%) gives Berlin one of the strongest residential rental markets in the world, but government control means residential tenancies barely achieve more than a five percent yield.
The current unprecedented level of economic growth, and the fact that it is largely fuelled by growth in the export sector, which should see Germany survive a rocky global economy better than most, has brought reports that the government may soon be able to bring new legislation relaxing the strict laws governing rental rises.
For the first time there is hope of achieving higher yields in Berlin, which should really be the case from the solid all year round rental that is so easily achievable. But even without a government relaxation, the growth in Berlin rental rates without government help, the aforementioned stability of Germany's economy and the high likelihood of it best weathering the global economic storm, is turning Berlin into one of the world's most popular destinations for a property investment.
Money to Be Made in Manila
Asia as a whole is predicted by analysts to be the world region most likely to see continued and strong growth throughout the turmoil endured by the global economic infrastructure, but the Philippines is even exceptional for being within Asia.
So, with so much growth potential, David Stanley Redfern's Manila apartments in the twin-tower Lancaster Atrium development are suitably priced to make the most of the Manila boom.
Starting from £28,000 for an unfurnished studio, £33,000 with the least expensive furniture pack installed, that Atrium apartments are "set to double in value in the next 2 to 4 years," according to Head of International Research for the overseas property specialist, he continued:
"Based on other Asian capitals, now established markets like Bangkok, and those that began their growth cycles before Manila, like Phnom Penh, Cambodia, 25% annual capital appreciation is easily achievable for Manila. The downside constantly mentioned for Philippines property investment on forums is the high Capital Gains Tax, but as I told one person on a forum:
Panama city property prices grew by 50%, between early 2006 and early 2008 putting capital appreciation at 25% per year for the past two years, in Cambodia, many people have bought and sold 6 months later for 12% more than they paid, and bought and sold in a year for 24% more than they paid, putting Cambodia capital appreciation at 24-25% year on year. Manila is showing similar economic growth, and attracting similar new businesses and development as both those cities did at the start of their growth cycles. I'll put myself on the line, if I bought now and sold in four years time I would expect to be left with double what I paid, even after paying taxes."
Operations Manager chimed in:
"The Lancaster Atrium towers are selling like hot-cakes, the first tower, which was recently completed, was sold out well in advance of completion, and the second tower has only a few apartments left. The photographs of the finished first-tower apartments have proven a valuable visual aide in marketing the second tower."
Prospective investors who see the potential of Manila investment property are advised to act swiftly to avoid disappointment.
Find out more about Philippines property and Cebu property.
Strong Growth in Panama Property Market
This is a good sign for the City of David, which is currently seeing a lot of development, and similar potential for growth as Panama City. Development's here are all very new and it is very early on the growth cycle, so prices are still low, but likely to grow at the same rate Panama City has enjoyed for the next few years.
David Stanley Redfern's Panama property The Best Western Condo Hotel and Casino is in the City of David, and priced at just £32000 for a 1 bedroom fully serviced apartment. The Hotel has replaced the Panama Rey Hotel one of the swankiest in Panama, rates of £40 per night. Because of its location, Panama's growing tourism and the hotel's reputation, David Stanley Redfern expect rental yields of at least 10%, but yields could potentially reach as high as 18%.
Rental income in Panama is taxed at 15%, plus an education tax of 2.75%, sellers can choose how they are charged capital gains tax from two different schemes:
1) 5% of the sum of the: the property's cadastral value + improvement costs + 10% of the property's cadastral value for each year of owning the property.
Under this scheme capital gains tax and transfer tax are consolidated, so there is no further tax to be paid on capital gains.
2) 2% of the higher either: the sales price OR the sum of the property's cadastral value at the time of acquisition + improvement costs accrued during ownership + 5% of the property's cadastral value (including the improvement costs) for each year of ownership -- whichever is higher.
The second option incurs a further tax on the capital gain. The taxable gain is the selling or transfer price less the acquisition cost or the cadastral value + transfer costs + 10% of the acquisition cost for each year of ownership. The final gain is calculated by dividing the above by the number of years the property was held and is taxed at the standard income tax rates.
The second option is subject to the 2% initial tax on the selling price, but this can be credited as real estate transfer tax, and as such deducted from the sale price. Total transaction costs in Panama are 7 to 10% and the 7 processes can be completed in around 44 days.
Find out more about Panama investment property
Montenegro Property Will Go From Strength to Strength
The European Commissioner responsible for the EC's industry and enterprise policies Gunter Verheugen, said Montenegro had affirmed it's European aspirations by joining the CIP program, and added:
"Participation in CIP, and, in particular the cooperation in the new Enterprise Europe Network, which Montenegro has already successfully entered, will help Montenegro to increase the competitiveness of its enterprises, in particular SMEs."
Since it split its loose political union from Serbia in 2006, Montenegro has joined several world institutions in its own right, including the World Bank and International Monetary Fund, the latest two are in preparation for its eventual entry into the EU.
According to the CIA World Fact Book, the privatisation of their largest industry, Aluminium, has been good for the economy, as well as increased Foreign Direct investment through tourism.
The latter will be further increased now that the government has relaxed the laws preventing foreigners from buying land in the country. Now that foreign entities can buy actual plots of land for development, I foresee possibly a trump towers in Podgorica, maybe a Hilton, but definitely some of the major tour operators buying up land for development as tourism to the country increases as it has.
If the global market slow continues, the developing world's most beautiful places, like Montenegro, Albania, and others will become even more popular with tourists because they offer cheaper holidays because of the low cost of living. It would be wise to invest in a property there and wait for the changes ahead.
If you agree David Stanley Redfern's off-plan apartments in Lustica, Zambellici could be the perfect choice. In one of Montenegro's long popular coastal areas, the apartments, which all have sea views surprisingly start at only £50,000. They have a communal swimming pool, fitted bathroom: electric water heater, wc, wash basin, shower, fully tiled walls, tiled floors and double glazed windows.
Find out about David Stanley Redfern's other Montenegro investment property
Costa Rica: Economic Strength by Adaptation
Disbanding the military in the 70s freed up millions of dollars to develop the country's health and education sectors as well as the infrastructure. Thanks to that move, Costa Rica has a 95% literacy rate and one of the best educated populations in the Southern Hemisphere.
From starting life as a banana republic reliant on Banana and coffee exports, Costa Rica now has flourishing hi-tech and medical manufacture and export sectors, and services sector, on top of a rapidly growing tourism sector and successfully diversified agricultural export sector.
The hi-tech sector has attracted companies like Panasonic and Intel, the latter having invested some $800million into Costa Rica's coughers, with plans to invest a further $90million this year. 11,000 Costa Ricans are employed in the hi-tech industry, and hi tech exports were valued at over $2million in 2005. The fact that Intel has invested so heavily and continues to invest shows that it is still a growth sector. Working from developing countries like Costa Rica keeps costs down and profits up -- a portion of which is then reinvested in said developing country thus keeping the growth cycle going.
The agriculture sector has had to diversify because of regional competition and a changing global economy, but Costa Rica's agricultural industry has stayed strong by changing with the market. Costa Rica has complimented its original coffee and banana exports with pineapples, watermelons, papaya and tropical flowers, as well as diversifying agricultural methods to capitalise on new fair-trade exports, and luxury organic produce.
Costa Rica's perhaps less talked about industry is its flourishing services sector, with companies like Western Union, Microsoft, Unisys and Oracle operating call centres in the country.
Tourism to Costa Rica grew by 10.6% 2006-2007, receiving over 1.6 million visitors last year. Costa Rica has also been clever enough to diversify its tourism industry to keep up with demand, and is now offering eco-tourism holidays and medical tourism (plastic surgery) holidays.
This ability to adapt to changes in the global economy makes the outlook for Costa Rica's economy bright, and a property investment there even brighter.
Find out more about Costa Rica investment property
David Stanley Redfern Expands German Operation
It is a fact most people eyeing an investment in Germany are talking about an apartment in Berlin, because of Berlin's strong demand for rental accommodation, giving the potential for extremely high and reliable net yields. David Stanley Redfern have an excellent portfolio of Berlin apartments.
However Germany as a whole has an incredibly strong economy, fortified by its level of exports. And other places are beginning to show signs of economic growth. This is a part of the reason for David Stanley Redfern's opening a German office in Mitte Berlin. Partly to expedite transactions in Berlin and facilitation of inspection trips, but also as a base of operations for a team of sourcers, who are currently scouring Germany to find and make available to our clients the freshest and best investment opportunities in Germany.
Alongside the new office will be a new website especially for Germany. When the site is first launched it will carry DSR's full Berlin portfolio, as well as an information section on each Berlin district, strengths, weaknesses and any pertinent information on the buying process in each district.
As DSR take on properties in other regions, each will get their own space in the information section, containing all the above as well as what attracted us to take on property there. So, the information section will be a growing force, constantly evolving as facts on the ground change, and constantly growing into one of the most complete sources of information about property investment in Germany on the net.
Find out more about German investment property
David Stanley Redfern's New U.S. Property
"The current U.S. "credit crunch" and fears of a U.S. recession, has seen the U.S. Dollar's value plummet against the pound, that combined with the U.S. housing market "correction"; a code-word for the sharp halt in price rises followed by a similarly sharp downturn in the sub-prime market means that U.K. buyers now have excellent buying power in the States."
"They are getting far more dollars for their pounds, and far more property for their dollars." he continued: "On top of that the U.S. is, and but for a massive recession will remain one of the top tourism destinations in the world, L.A. and California as a whole, including Hollywood being among the most popular destinations in the U.S. The number of Brits seeing the current U.S. economic problems as an opportunity to get a bargain on a holiday home in the states, makes having a property there on our books a shrewd move indeed."
The U.S' current popularity with British buyers was displayed by the country climbing to number four on a Place in the Sun's top twenty, after surveying potential investors at their massive Birmingham road-show earlier this year.
The 22 storey Solair tower "introduces a new concept in high-rise living", with a private, seventh-floor 2/3 acre resort-style amenity deck, similar to those found on cruise liners: a high rise apartment complex with, resident herb gardens, outdoor fire-pits, indoor/outdoor lounge, a fitness room, yoga room, swimming pool, spa and a resident's club. There will also be an exclusive business centre and conference room for residents in the second floor lobby.
The spectacular glass walled tower rises above an expansive two-story retail section and parking facility. The Solair tower will become an architectural beacon in Koreatown's skyline and a building that will be recognized for decades into the future. All in one of the world's top tourism destinations. People are flocking to buy up bargain real estate in America. Owning a holiday home within day-trip distance of Holywood, Los Angeles's world-famous a-lister retail outlets, and California's other world famous attractions can't be bad.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
The Strength of India Investment Property
In Bangalore especially then there is the potential for massive growth. Asia is becoming the world's economical centre, as well as the beginning to overtake the U.S. in technological advances, new inventions for the digital age and other intellectual aspects. As this transition continues to take place, India's Silicon Valley could well overtake prices in America's Silicon Valley, which would mean at least 300% growth for buyers there in the next 5-10 years. Rental yields in Bangalore are also higher than elsewhere in India because the rental laws are more relaxed.
Rudrapur is another town in India that shows a lot of potential; benefiting from its proximity to one of India's largest Special Economic Zones. Rudrapur too has relaxed rental laws which bode well for high rental yields. Again like Bangalore, Rudrapur is already gearing up to become one of India's great economic, industrial, financial and trade hubs. This brings the potential to earn high yield residential lets from imported executives coming to work in the new branches of global corporations.
Again like Bangalore, much of Rudrapur's growth potential lies in its property prices still being comparatively low to Mumbai and Delhi, whereas you can still use the two giants as effective guides for how the economy in the area will grow as industry develops. Take David Stanley Redfern's Mountain View development in Rudrapur: studio apartments in a high-class development in the centre of a major commercial district for under £25000. Ideally located only 2.4 kilometres from the SEZ, on a new 45 meter wide bypass, Mountain View has strong potential for high-yield residential lets, from the plant managers, being just 5 minutes from their place of work.
About David Stanley Redfern
David Stanley Redfern 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, 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 at: media@davidstanleyredfern.com
The Hunt for the Next Spain Part I: Argentina
South America has one shining advantage over most of its competitors: its rain forests, which make even rainy season a great attraction to tourists, as that is when the rain forest and its wildlife truly thrives. When a country like Argentina begins to grow into a top tourism destination, development in the economies, starting in the major cities is rapid.
Argentina's Buenos Aeries is fast developing into one of the world's great cities, on par with L.A. and Madrid. Buenos Aeries is becoming a smaller version of Holywood, because after the economic boom Beunos Aeries began to rival Madrid and Toronto as a low cost but fantastic location for film and T.V sets, and began to attract many T.V. and Movie production companies.
The bulk of that action has centred on Palermo Viejo, which is now known as Palermo Holywood and even has its own Soho. Those knowledgeable in the area's property market compare Palermo Viejo to Manhattan's lower east side, as it develops into one of the most happening districts in Beunos Aeries, with things like Tango dance clubs, hip boutiques, and coffee shops that could also bring comparisons to Venice.
You will note that from the beginning and throughout this release I have drawn many comparisons to the world's major cities, mostly Spain. People who invested in Spain years ago have made a fortune both in rental yields and capital appreciation. But as Spain's downturn in popularity continues and the other countries attract more and more of the sun-chasers, shrewd property investors should be on the look-out for the next Spain, and that could well be Argentina, or one of the other South American countries.
Living costs are far lower in Argentina than in Spain which means tourists can have a far cheaper holiday. Rental yields are already around the 10% mark, and capital appreciation is conservatively estimated at 15%.
There are no restrictions on foreign ownership other than needing a tax number, speaking of which Argentina has excellent tax benefits: no Capital Gains Tax and no inheritance or gift tax. Rental tax is 21% of the gross annual income for non-residents, and an additional 21% if monthly income exceeds 1500 Argentina Peso's (approx £250).
Hunt for the Next Spain Part II: Costa Rica
Ok, the property isn't the cheapest but there is massive potential for profit. Costa Rica is a gorgeous place -- positively vibrant. It has both a Caribbean and Pacific coastline, which not only gives it fantastic beaches, but also allows visitors and property investors a choice of climate, humid heat or dry heat -- it is cool in the centre.
Lush vegetation, jungles, tropical plant-life, and awe-inspiring volcanoes, as well as sun, sea and surf are all attracting tourists and property investors. On top of its aesthetic benefits Costa Rica is one of the most secure and stable of all the Central American countries. It also has a really good infrastructure.
In fact, the stage is set for Costa Rica to enjoy massive and sustainable growth for the foreseeable future -- in every industry. Costa Rica just signed the CAFTA, Central America Free Trade Agreement, its major export: micro-processors is a growth industry, on top of all other famous South American export goods like Coffee and Cocoa, and that is before we even mention tourism.
Like I said Costa Rica can easily rival Spain, the popular Caribbean resorts already rival Spain, but they are out of most people's price ranges. Costa Rica's emerging state means living costs are low so it provides an excellent low-cost Caribbean holiday. Little wonder that rental yields are very rarely under 12%.
Dominican Republic offers the cheapest Caribbean holiday, and the cheapest property, but for the extra money Costa Rica surpasses because of its infrastructure and stability. Costa Rica also has a very competitive taxation system; the first $2,698 earned from rental is exempt from taxation, after that it is taxed progressively between 10% and 25%. Capital Gains tax is not charged unless it is from a recurring (habitual) transaction, inheritance and gift tax is only 1-2%, and total round-trip transaction costs are a moderate 8.58 - 13.58%.
In short Costa Rica is doing everything right to ensure it sees continued growth, in its export industry in foreign direct investment and GDP growth, making it well worth considering as a destination for an overseas property investment.
Find out more about Costa Rican investment property
David Stanley Redfern Does the Moonwalk - For Charity
The giving doesn't stop there, David is also donating --% of company profits to the charity and in what could be called a bold move David Redfern has also stated that - as part of a company drive - he will personally match any amount raised in any fund raising efforts by the David Stanley Redfern team.
Walk the Walk's aim is for 80% of the money donated and raised to go directly into grants for breast cancer research, treatment and care, they have raised in excess of 35million pounds in the last ten years. The Charity recently announced that it had teamed up with Maggie's, the organisation offering care and support to anyone affected by the big C, to create Glasgow's second cancer caring centre at The Gartnavel General Hospital. Walk the Walk are granting significant funds to Maggie's towards paying for the £2.1million building.
As I said David is taking part in the London Moon Walk being held Sat 17 and Sun 18 May 2008, but Walk the Walk raises funds from other events around the world throughout the year, including The Paris Marathon, the Boston Marathon, the London Marathon, Iceland's Summer Solstice marathon, the rock and roll marathon in San Diego, the Dublin (Ireland) Women's 10k, the Hydroactive Challenges in London, Birmingham and Liverpool, the Great Scottish half marathon, the Berlin marathon and the New York City marathon -- even Peru helps out with the "Walk the Inca Trail", and there are many more.
But Raising well over 2 million a year the Edinburgh Moonwalk, and over 5million a year, the London Moonwalk are Walk the Walks biggest of the year - hopefully this year will be the biggest ever with the help of David Stanley Redfern, and a percentage of their sales.
Emerging Market or Not: Malaysia is Hot Property
However, as Asia continues to be the world's biggest economic growth hotspot, there is still plenty of room for economic expansion in Malaysia, specifically from the ever growing tourism industry, which will see house prices grow strongly in the coming years. For that reason, I have felt compelled to include it as an emerging market and also because in my opinion, for those with a fairly big overseas property investment budget it is one of the best places in the world to make an overseas property purchase.
The government has and is always taking steps to encourage foreign investment, and this has led to a whole host of benefits for overseas investors:
There are no restrictions on foreign ownership, in fact foreigners are automatically granted residency in the country upon completing their purchase. Many of the laws are left over from the British colonial era, which is reassuring for people because they can easily understand the laws governing their purchase, it also means the buying process is easier than in other Asian countries. There is no inheritance or gift tax, and capital gains tax is on a sliding scale, from 30% at the beginning to zero after five years of ownership.
This economically friendly environment and easily understandable judicial and financial systems have also led to another massive plus for an investment in Malaysia: western banks like HSBC, United Overseas Bank, and Standard charter have set up shop in the country. That and the fact that the big Malaysian banks like Maybank will happily provide mortgages to foreigners, mean that unlike many of the other emerging property markets, and/or highly desirable destinations, buyers can easily get 70% Loan To Value mortgages to finance their Malaysian property investment.
This unrestrictive and westerner friendly economic and judicial environment is also undoubtedly a reason for Malaysia's booming tourism industry though probably not as much of an attraction as it's tropical climate and the sheer beauty of the place. Take the beach front Nexus Resort, a five star hotel on Sabah beach Borneo. Set in lush tropical gardens the Nexus hotel has won 17 awards in five years of operation, including the Virgin Gold Holidays award. The resort has a golf course, spa and swimming pool.
David Stanley Redfern Ltd are currently offering a range of 1 bedroom spa villas from £115,000, and 2 bedroom pool villas (with private pools) from £200,000 on the beachfront resort. The properties will be serviced by hotel staff and their rental managed under the hotel brand, which means they have a guaranteed rental yield of 7% per year for the first five years, at which point CGT will have dropped to zero, this is an excellent opportunity for part time investors, who could then sell, for a no doubt huge profit, not cut into by CGT, and then invest in another rental managed property in another emerging market.
David Stanley Redfern also has properties in the capital Kuala Lumpur, 4-6 bedroom apartments from £271,000 on the Tijani 2 North development in Kenny hills. Tijani means jewel in Arabic, a name befitting of the development's Kenny Hills location, the most exclusive area in Kuala Lumpur and in fact Malaysia -- the Sultan of Brunei has a home there, need I say more?
Find out more about Malaysia investment property
Emerging Albania: Get in First with DSR
I doubt this would even be possible were it not for David Stanley Redfern's reputation for client security and stringent due-diligence procedures that prevent unsafe opportunities from gaining the DSR brand of approval. Here's why it isn't such a big ask:
The properties are in two of Albania's most promising locations, one is in possibly the most promising location:
Saranda Mount on Albania's long popular Adriatic coastline. Sitting on a hill most of the population of Saranda (including buyers in the Saranda Mount development) enjoy views across the beautiful Saranda Bay to the Island of Corfu. Property prices in Saranda are around 25% lower than similar properties a stone's throw away on the popular Greek island -- what's more the area is equally rich in history and culture.
The Jimmy Complex is in the rapidly expanding Albania capital. Tirana is the cheapest capital in which to buy a property, and its culturally diverse environment, and level of EU funding going into the infrastructure and facilities, corporate investment and Albania's aforementioned range of undiscovered historical sites will turn Tirana into a must visit destination within Europe.
It is always difficult to predict capital appreciation for a market that springs onto the global scene such as Albania has, but in Albania this is not a bad thing. Albania is one of the poorest countries in Europe, and it hasn't attracted global attention because of it's tumultuous past; the problems with Albanian and Kosovo having over it like a dark cloud. The reason Albania has leaped up and made the world take notice is because recently it has made huge steps in resolving those issues using democratic reforms and systems. It is now a safe country to go on holiday to, and once tourism starts to increase, generally everything else follows:
Increasing flights increases access to the country, budget airlines make it cheap to fly there and the low living costs make the whole holiday cheap. Therefore people can have a holiday in Albania, who otherwise mightn't have been able to afford a holiday abroad. This gets the tour operators interested and before you know it you have major hotels employing locals and the economy is then regenerating itself. The newly employed people get better wages, which they then can put into either rented accommodation or buying their own houses.
Somewhere along that process overseas property companies like David Stanley Redfern start snapping up investment opportunities in the emerging country. Once property there starts to attract global attention, prices go up automatically; as houses have once had to be affordable for the local population, will now see the prices rise to more like what they are worth to westerners with more money -- in other words closer to their real value.
Other factors that trigger capital appreciation, are the increasing cost of building materials as the economy develops, on top of that house builders will need to start paying their tradesmen and laborers higher wages to keep up with the increased living costs.
In short, an emerging market like Albania is just that emerging. Once a market starts to gain the name "emerging market" the chances are that prices are already beginning to rise, and will continue to do so for the foreseeable future. Therefore the key is to get in early, hence these new opportunities from David Stanley Redfern, allowing people to get in first for maximum gains.
Find out more about Albania investment property
Property Investment in Costa Rica: Diversify for Success
Emerging markets are fuelled by increasing levels of tourism, something usually triggers people to view the country as a good holiday destination. Tour operators always on the look out for new and exotic destinations to offer low price holidays to, favour emerging markets because low cost of living means low cost holidays.
Latin America's Costa Rica, Argentina, Brazil, and Panama are all benefiting from being new tourism hotspots, with a Hilton hotel being built in Panama and a trump towers on the way, rental yields going through the roof in Argentina's capital Buenos Aeries, and Brazil tipped to become the world's fifth largest economy. But Costa Rica has as much potential to soar on the world stage as any of them because of the amount of additional strings to its economic bow.
For a start Costa Rica is one of the world's most stable democracies, which means it is a safe place to take your kids on holiday to see the-must-see-sites that Latin America is famous for like tropical rain forests.
Speaking of tropical jungles, Costa Rica's rich bio-diversity attracts eco-tourists from around the world in an addition to its tourism market. But Costa Rica's strong economic growth comes not only from rising tourism, but from being a globally active producer of electrical goods, most notably micro-processors.
As we all now know computers are becoming an everyday part of everyone's lives, and even fridges are going digital, micro-processor production is therefore as big an expanding market as tourism for Costa Rica's economy.
Another thing Costa Rica has done to help sure up its path to becoming an economic power-house is joining the US-Central American Free Trade Agreement (CAFTA), after the population voted in favour of signing the agreement last year. The implementation of CAFTA is to be completed by 1 March this year, experts predict it will result in an "improved investment climate" (CIA World Factbook).
Costa Rica is already a growing property investment hot-spot, one of the new hot emerging property markets, and an emerging market is a force to be reckoned with. Like Panama, Costa Rica has a coastline on the North Pacific ocean and the Caribbean ocean, this means it has a vastly varied climate, humid on one coast, dry-heat on the other, and cooler in the centre -- something for everyone.
Find out more about Costan Rican property.
Independent Mortgage Advice with David Stanley Redfern
In just one short phone-call involving five short questions (on top of the basics: full name, address and D.O.B), Neville, an experienced financial advisor will have all the information he needs to do the number crunching necessary to advise the client on their options for financing their overseas property purchase. Neville told me what questions he needs answered to be getting on with:
- Who the client's current mortgage is with, (if they have one)?
- When was the mortgage arranged?
- How much does the client earn?
- And what is the client's credit status?
When he has the answers to those questions, and not being attached to any financial products provider (hence the "independent" in his title), Neville is able to search the entire market, and come up with the best options for each individual client based on their circumstances.
Neville said that "the most common option for people looking to raise substantial amounts of money is re-mortgaging their home." In the process of looking at these options for clients Neville also hopes to find the client "a better mortgage deal".
There are two main ways to use your existing mortgage to raise finance for a second home:
1: Take out another mortgage for the same amount, your new mortgage pays of the rest of your original mortgage, and you get back what you have paid less interest. Obviously this option is only suitable if you have paid quite a bit more off your mortgage than the amount you are trying to raise.
2: Take out another mortgage for the amount you need to raise more than you owe on your original mortgage, obviously you pay off your original mortgage and use the extra to fund your property overseas. This option is better for people with fairly new mortgages, or who have paid off less that the amount they are trying to raise.
Whatever options are presented as suitable for you in your circumstances, and whatever option you choose, you can feel safe in the knowledge that -- from seeking advice on arranging your finance, to getting the keys to your property overseas -- you are being looked after by someone who has your best interests at heart.
Find out more about independent mortgage advice
Property Investment Brazil: Samba All the Way to the Bank
Across those four countries the level of new development, rapidly rising land-prices and high rental yields lead me to start believing that Asia now has competition as the world's main growth centre, and as the region most likely to see strong and continued growth over the next ten years.
Brazil especially is making the headlines, and again it is Brazil's reputation for a carnival atmosphere that has turned it into one of the world's most popular tourism destinations, and the world's most popular destination for young male overseas property investors.
The Mardi Gras is probably the most popular and best known street carnival in the world, but Rio de Janeiro is world famous for its nightlife that retains the Mardi-Gras atmosphere all year round. Young male property investors are also flocking to Brazil for its tropical climate, world-class beaches, world-class football and world-class women.
Brazil is not a new emerging market, in fact the capital Rio de Janeiro is semi-mature having been popular with foreigners, both for property investment and tourism for a while now. But as is a trend with emerging markets, growth begins in one or two of the major cities, but only in the strongest and most promising markets does it spread to other parts of the country -- as is currently the case with Brazil.
So now, those who have a little bit more to spend for the security of buying in a semi-mature market that has proven itself capable of seeing continued and strong growth will buy in Rio. But those looking for an entry level property will buy in one of Brazil's emerging hot-spots.
A particularly good place to make an entry level investment is Carapibus. A quaint little fishing town surrounded by world-class beaches. Its recently increasing popularity with tourists has prompted the Brazilian government to launch a major spending plan that could well see Carapibus become one of the world's most popular tourist destinations.
You can get a 1000sqm plot in Carapibus with David Stanley Redfern for just over £16000, with 4-5 bedroom villas designed and ready to be built up to a living area of 300sqm, at an approximate build cost of £700 - £750 per sqm. DSR also have a range of ready built apartments and houses in Carapibus starting from £30,000.
Best Italian Investment Property Around
Alongside the amazing deal of a period property in Tuscany for £80,000, David Stanley Redfern is now offering 1-2 bedroom bungalows in Puglia priced from £50,000 to £70,000. For £50,000 you get a 35m2 1 bedroom bungalow with a 6m2 veranda, £66,000 buys you a 55m2 1 bedroom bungalow with a 15m2 veranda and £70,000 buys you a 65m2 two bedroom bungalow with a terrace.
The Manduria development is just half a kilometre away from the beach Puglia's fantastic coastline, only 2km from Brindisi airport. Prestigious Italy is world renowned for its sports cars, fine wine, relaxed; Mediterranean way of life and climate to match. Puglia in particular is a strong favorite with tourists because it has retained its heritage strongly and has a real Italian culture It being held in such high regard means it will always draw millions of tourists per year.
Puglia is also a particular favorite with shrewd property investors, most notably Amanda Lamb a well known face on property shows has bought there, because you get far more for your money.
I am confident in saying that the Manduria development is one of the best properties on the market because the prices are so low and therefore the value so high -- especially when you take into consideration the fact that Bungalows are extremely popular when it comes to holiday rentals, and therefore high prices can be charged. Low property prices and popularity with tourists equals high rental yields.
Buyers will be quids in again if they hold their property for five years before selling for a strong profit, as capital gains tax is not charged on properties sold after five years of ownership, before that the gain is charged as income.
Owners of a Manduria bungalow can expect yields of around 8-10% from holiday makers, and capital appreciation of around 15% per year. Italy is a consistently strong market. Even if capital appreciation isn ' t as spectacular as some of the emerging markets, a property investment in Italy, especially one on such a high class property as the Manduria development is as close to risk free as you can get.
Find out more about Italian investment property
Lapland Has Far More to Offer than Santa
Drawing ski and snowboard enthusiasts, is the world class Levi ski slopes, the site of the Alpine skiing world cup, and the fact that Lapland, Finland is the only place in Europe where you are guaranteed 6 months of excellent skiing conditions per year. Our Aurora Sky development hopes to capitalize on that by having its own private ski lift just yards from the front door.
But those of you not into skiing perk up, there is far more on offer at Levi than it's world class slopes: Reindeer rides for the kiddies, hot-air balloon rides, husky-dog rides, ice-fishing and skidoo rides, in summer there's Nordic walking, canoeing, fishing, and a wide range of other on and off water activities -- of course for the ladies, shopping in the new mall. I admit that the 24 hour darkness in Lapland might be seen as a downfall by some. But for me, this is easily made up for by the 24 hour daylight in summer, and the crowd drawing Northern Lights Phenomenon (ref 1). 15 out of the 44 Levi pistes are floodlit, so the 24 hour darkness really isn't a problem for skiers.
Because of its growth the Levi ski resort is currently seeing massive development in the form of the Aurora Sky (snow white) hotel complex and apartments. We at David Stanley Redfern Ltd are the exclusive agent for the Aurora Sky (snow white) Hotel.
The Aurora Sky Hotel, contains: studios - 3 bedroom apartments priced from £91,230 -- £229,280. We also have a range of 3-4 bedroom apartments with multiple bathrooms and reception rooms, ideal to take advantage of the rising Finnish rental market. Also helping you to maximise your gains is the fact that the apartments are managed as part of the Aurora Sky hotel, which means they guarantee a healthy rental yield, namely 6% for the first two years. The properties are also serviced by hotel staff meaning your apartment will be kept safe while you reap the rewards, knowing your apartment is ready for your next holiday.
All the above says that Aurora Sky apartments; managed property on a booming resort are ideal holiday home investments. But for those of you who are looking for an overseas property as an investment only: property prices in Finland are set to grow by an expected 300% over the next ten years. This forecast is based on the current figure for Capital appreciation, which is strong at 35% per annum - that and the growing popularity of skiing holiday's, and this resort in particular make 300% over ten years a fairly safe bet.
Another great thing about Finland property is the buyer protection offered by the government. Deposits made on off-plan properties are held by the government until the property is built and the keys are handed over, meaning buyers can change their mind and simply get their deposit back minus a small administration fee, unlike most cases where the buyer would have to market and resell their property. This protection would also be beneficial if for any reason work should stop on the properties.
As for the rental market, the sheer number of outdoor activities, Lapland's mystique, 24 hour summer daylight, and beautiful scenery, to compliment the obvious strengths of the winter market and Northern lights attraction, as well as the properties being managed, should make earning an all year round rental income child's play. In an article in the Guardian Sat 24 Nov. Judith Prescott wrote: "one rental agency reports summer visitors to Lapland more than trebled to more than 1500 between 2002 and 2005."
Lapland is truly one of the world's growth areas. Further helping this is the poor skiing conditions in the Alps for several seasons, prompting tour operators to look for better options, making Levi's six months of great conditions a firm favourite. This has prompted a growth in the availability of flights to Lapland, with British Midland now offering flights from Heathrow to Kitilla, just 14km from Levi, and many more operators have packages from U.K. airports in the pipeline.
This will see the popularity of Levi continue to grow, and combined with the growing popularity of skiing, making a holiday home on perhaps Europe's best ski resort: Levi, an incredibly wise investment indeed.
Find out more about: Finland properties
Rural Italy proves itself on the property investment market
Inherently charming San Pietro is a quaint and undeveloped seaside village on the Ionian coast and home to just 5000 people or so, who enjoy its warm Mediterranean climate and humble restaurants and bars, supermarkets, banks, and seaside related activities. Aside from the timeless sense of calm, tourists, many of which are Italian themselves, are attracted to its many churches, medieval walls, temples, theatres, caves, coastlines, farmlands, olive groves and nature reserves. All of which are unspoilt by multi storey buildings as they're not only disliked but prohibited in the area.
Bevagna is a largely unrealised rural area of Italy and hosts massive development potential, especially in light of the fact that such opportunities are becoming increasingly popular, particularly for British investors. With its close proximity to the nearest beach, investments in the area are surely going to prove financially rewarding. Italy's government provide special incentives for potential foreign buyers and reduced restrictions have certainly encouraged investment. Whether its financial or recreational reward you're looking for, San petro offers an abundance of either for any investor.
Find out more about
Eastern Europe Booms: Croatia Ba-Ba-Booms
As so many countries in Eastern Europe take off economically, their expansions fuelled by rising tourism, trade, foreign investment, and overseas property investment, Croatia is perhaps the best of the bunch in that it has all the strengths of the rest, like an Adriatic coastline, cheap living costs, cheap property and proximity to popular established markets, and a little more.
Croatia is not only close to an established popular market, it is right next door to one of the world's most popular established markets: Italy. Also, when the other countries currently making names for themselves on the property investment scene began to expand in the early nineties, Croatia was held back by war. So, now it has some of the best value property considering its location, and some of the most impressive potential for big returns on investment.
With all these extra strengths it is easy to predict what effect Croatia's ascension into the EU will have on the economy. Based on countries nearby like Estonia and Ukraine, where the already expanding markets took on pace anew in their development, it is therefore likely Croatia will do the same.
Croatia has a strong tourism market and good yields can be achieved on overseas property rentals. Capital Gains tax and rental income tax are both 20%. However, foreigners can only rent their property out through a company. Though it is likely these restrictions will be relaxed upon entry to the EU, the current laws are not a problem for investors who buy their Croatian investment property through David Stanley Redfern.
Buyers of Olive Island resort apartments and villas priced from £140,000 have the option of paying a little more to have the rental of their property managed by an experienced and professional company, which gives the added benefit of a guaranteed rental yield. These properties are in the mid-high price bracket because of their prime Adriatic coastal location and the sheer quality of the resort.
The Olive Island Resort has all the amenities necessary (and unnecessary) for a fantastic holiday: swimming pools, golf course, spas, bars, restaurants and a gorgeous marina. What's more it has recently become very difficult to obtain planning permission for resorts and properties on the Croatia's stunning Adriatic coastline. So, this property could turn out to be a once in a lifetime opportunity to get your hands on a great value property on what is almost certain to become one of the most popular coastlines in the world.
British property investors say goodbye to the UK
"It's no secret that more and more Brits are buying abroad and for most it's for either of the two very same reasons any investor buys overseas property: financial or recreational advantage. With the UK property ladder proving to be increasingly elusive for first time buyers, the extra revenue from a second property can easily prove invaluable in taking that first step into UK ownership. For current UK property owners, affordable holidays and rental yields outside the holiday season are perhaps the more attractive elements. Emerging markets like Panama, Morocco, Albania and many others have increased investment activity with their undeniable and often unbeatable rewards".
It's true of course that extra income can improve the lifestyle of any investor and just over a quarter of investors buy for reasons other than the everyday benefits of financial return, instead simply searching for Sun Sea and sand. In light of the now established field of foreign real estate and its proven success, investors are becoming more ambitious and are less hesitant to look further afield. Emerging markets prove to be far more affordable and beneficial than most longstanding and perhaps more local European investment heavyweights such as France or Spain. It's perhaps no wonder then that more and more Brits fly to buy and say goodbye to the UK and both its somewhat dismal property and weather climates.
For a non-obligatory chat about any aspect of overseas property investment, contact David Stanley Redfern today.
Find out more about overseas property investment
Property investment amidst the Swiss Alps makes sense
Facing the Dents du Midi, the Val-d'Illiez spa resort features a 30o naturally medicinal spa pool, river, grotto, waterfall and pond that are located by a 1,500m2 lawn and an array of leisure activities including a massage/beauty salon, gourmet restaurant and spacious sunny terrace. These fully furnished, fully accommodating wood and stone residencies are architecturally sympathetic to their surroundings and offer lifts, laundries, cellars, ski rooms and parking facilities as well as the somewhat expected electricity, water, central heating, lounge, bathroom and gardens.
The mid-range 1-2 bed properties offer all the aforementioned benefits along with the additional comforts of a flat-screen TV, well furnished kitchen inclusive of dishwasher, crockery, bed-linen and towels etc and a swimming pool whilst the highest calibre resort properties benefit from all of those things as well as hosting an an extra bedroom. All of these properties offer ultimate relaxation in a simply enchanting environment as well as practically unlimited rental opportunities. For full information regarding these Alpine homes and their many alluring features, contact David Stanley Redfern today for an obligation-free chat.
Overseas property investment foresees incredible increase
"The global property arena is constantly expanding, offering potential investors new and unbeatable opportunities throughout the marketplace. The fantastic returns offered are no longer secret or confined to professional buyers, so it's something of a natural progression for such a profitable area of investment to attract everyday people looking to change their financially challenged lifestyles".
Around 4 million Brits now own overseas property outright, with over a quarter of those actually residing abroad. This illustrates just how many of those investors are simply reaping their just rewards from the rental returns of their second property amidst a market that's now valued around an astounding £45 billion. It's thought that its massive appreciation has been reinforced by the number of younger investors looking to generate extra income so as to afford UK property. Around 70% of investors get involved simply to improve everyday lives, leaving the remainder to appreciate their holiday homes with more recreational usage.
Emphasis has been placed on the particularly attractive and profitable emerging markets found in the Black Sea region, Asia and the Americas. European countries like Croatia, Montenegro and the Ukraine, Asian countries such as Cambodia, Malaysia and Thailand and American countries such as Brazil, Panama and even Canada are rapidly increasing in value and popularity. Long time heavyweights like the Canary Islands or perhaps Germany still host great opportunities too of course, though the international investors focus has noticeably shifted to what were once considered as more exotic locations.
It's a fact that the key element preventing people from attaining financial freedom through overseas property investment is simply fear of the unknown. Contact David Stanley Redfern for an non-obligatory chat about the unsurpassable rewards of overseas property investment and the many services and considerate assistance openly available to both first time or experienced investors alike.
Find out more about overseas property
Internationally attractive Morocco investments set to grow
Above all else, if a high quality, affordable and highly rewarding investment opportunity is what you're ultimately looking for, then please do read on because all of David Stanley Redferns fully finished Moroccan properties are situated in sought after areas that are all set for excellent economic development. Increasing interest from foreign investors is understandable, not just for alluring, government supported property market but for its strong tourism industry and the ever escalating accommodation requirements it provides. Commonplace capital growth estimates for Morocco lie anywhere between 15% and 30%, making it one of today's world leading emerging markets.
Considering the many attributes that feature with these properties too, like bank guarantees, 18-hole golf courses and rental/management services along with the familiar inclusion of bars, restaurants and supermarkets, gym and fitness centres and pools, it's no wonder that Morocco is causing the commotion it is. David Stanley Redfern themselves offer an astonishing array of considerate services too, so why not get in touch for a non-obligatory chat about all the benefits of what could be the investment of a lifetime.
Could Albania be the property investment dark horse of 2008
Newcomers to the property investment arena like Montenegro, Switzerland, Ukraine and Finland have outperformed their European counterparts in recent years and in some cases still do. Long established investment heavyweights like Italy, Spain, France and Germany have perhaps been neglected, with the term 'emerging market' stirring frenzy amongst avaricious investors looking for the next big thing.
Interest in Albania's property market is slowly but surely becoming widespread. Overseas property investment specialist David Stanley Redfern commented on Albanian investment:
"Albania has fast become a realistic and affordable option for novice and savvy investors from around the world. Rising tourism has led to increased demand for quality accommodation, which has prompted an upturn in property construction to meet the increased demand"
Eastern Europe is a massively overlooked part of the world with an enigmatic timelessness that put simply, goes criminally underappreciated. And its there we find a country that borders both Adriatic and Ionian Seas and neighbours Montenegro, Macedonia, Kosovo and Greece. Under three hours away from Western Europe via any direct flight, we find low cost Albania and its many beneficial attributes. Albania's low profile is set to stand proud amidst its 'equals' with its North Atlantic Treaty Organisation (NATO) unification later this year and upcoming European Union (EU) membership of 2014.
If we strive beyond any commonplace misconceptions relating to Albania and focus in on its rewarding aspects specific to property investment, we just might be more than a little surprised. With the exception of agricultural land which can be leased for ninety nine year periods, Albanian property purchase is predominantly free from restriction and open to both native and foreign investors alike, as it is for private or professional purposes. It undercuts any local European property prices and despite applicable public notary fees of around 1% and minimal capital gains tax, there's no transfer, inheritance, state or wealth tax, no withholding tax on repatriation or value added tax (VAT) attached to any transaction.
Capital appreciation has been known to reach 30%, tourism figures have shown increases as high as 10% and by 2008 has equated to over one million economy boosting pounds. Albania's gross domestic product (GDP) is certainly set to rise from its already strong annual 6% growth and Albania's steadily rising foreign direct investment (FDI) has exceeded the two hundred million pound mark this year.
Last but not least, the forty million pound expansion of Tirana International Airport now sees British Airways operating regular flights into Albania, with twenty nine worldwide destinations also available through other agents.
About David Stanley Redfern
David Stanley Redfern 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, 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: media@davidstanleyredfern.com
New Investment Property in Italy: Period Apartments Tuscany

David Stanley Redfern, has just added another fantastic value stunning Tuscany investment property to their burgeoning port-folio of the finest investment opportunities in the industry. Potential investors with an eye on a holiday home in Italy should definitely take a look at Capannori luxury apartments, nr Lucca in Tuscany, on the DSR website. There they will find a charming period style apartment complex, with 1 bedroom apartments just £174,000. While that is slightly more expensive than our other property in Tuscany, it is still a very reasonable price for such a beautiful property in a high tourism area.
The Cappanori apartments are ideal as holiday homes, with the potential to make a good returns from rental when not in use. That is because areas like this are major tourism destinations, especially from western countries, and from the high end of the market with a lot of disposable income. Therefore solid rental can be achieved from being at the highest end of the holiday letting price scale.
Tuscany is one of the most popular locations in the world for British emigration, this too gives another rental opportunity from family members wanting to go out and spend time with their ex-pat relatives. But it is also testament to the many wonderful sights and charming characteristics that Tuscany is world renowned for:
Italy is famous for fine wine and fast cars, but Tuscany's abundance of nothing but period style property gives it a charm all of its own. Its Mediterranean climate and world class beaches are also attractions to tourists and property investors from around the world.
Buyers of these properties will enjoy the stability and security of knowing they have bought a fine property in one of the world's best and most established markets, making strong if not spectacular capital appreciation a given. There are some downsides to Italian property investment however, like 10-15% total transaction costs, pro-tenant rental laws, and rental yields having dropped to around the 6% mark. However, such small downsides are nothing against all the upsides of owning a beautiful property in a fantastic and popular tourist destination like Tuscany.
Find out more about Italian investment property
Dominican Republic Shakes Its Caribbean Property Investment Rep
The Dominican Republic is the best Caribbean island to make a property investment on because it is one of the least developed Caribbean countries, therefore living costs are the lowest, and people can go there on holiday with half the spending money they would need elsewhere in the Caribbean. Tourists are a shrewd bunch themselves, and this fact has turned the Dominican Republic into a tourist hotspot. Increasing tourism then helps the economy and the development of the island as a whole.However, the currently under-developed state of the country means that property prices there are lower than the other Caribbean countries - much lower. For instance you can pick up a 1 bedroom apartment in David Stanley Redfern's Sosua development and accompanying tourist resort for only £30,000. Between five and ten minutes from the beach, upstairs apartments have sea views and the development surrounds a stunning communal pool. Nearby beaches are Sosua beach, Kite beach, and Cabarete bay.
A 1 bedroom Dominican Republic Caribbean beach house, literally right on Cabarete Bay's fantastic beach is only £67,000 in David Stanley Redfern's Oasis development.
Contrary to common belief about the Dominican Republic, these properties low price and their location in a tourist centre gives them the possibility of bringing their owner a decent rental yield of 6-8%. Common belief and a fact is that Dominican Republic rental yields are low, and while residential yields will very rarely reach over 4%, a holiday letting property is a different kettle of fish.
Capital Gains and rental income are taxed at a flat rate of 29% for foreigners, capital gain is calculated by deducting the acquisition price, after it is adjusted for inflation, from the selling price, property tax is a nominal 1% of the property value, and inheritance tax is a reasonable 3%. Round trip transaction costs are a moderate 10.3%.
Overall Dominican Republic investment property is currently a golden opportunity because your getting a Caribbean property for lower than you can anywhere else with a Caribbean coastline. The gap will close soon though as the tourism develops the economy and prices start to rise in line with what they are worth on the global market as oppose to being affordable to the local population.
Find out more about Dominican Republic investment property.
Canary Islands Investment Property will Continue to Soar
The Canary Islands, is and probably always will be one of the world's biggest tourism destinations. And because of that fact it is a strong favourite on the international property investment scene. It doesn't matter what is said about people getting tired of lying on a Spanish beach year in year out causing increasing popularity of skiing and adventure holidays, because for every 1000 people who tire of sun-bathing and head for the slopes, there is another generation of people growing up that will be heading for the beaches every year from now until they get tired of it. When it comes to finding a beach to lie on, most people (ten million+ per year) head for the Canary Islands.I remember the conversations from my childhood, when pupils would stand in front of the class after the holidays and talk about their holiday, 9-10 would be Canary Island stories. But what's the big attraction:
Well, even sun-loving beach babies don't like it to be too hot, and the Canary Islands offers the perfect temperature almost all year round. The longer period of warm weather means the holiday season is more spread out, which means sunbathers aren't as sardine-packed as they are on Spanish beaches. A catch-phrase for the all-year round climate is: the only place you can play golf in the sun on Christmas Day. In that statement lies another attraction: the wealth of excellent golf courses and facilities on offer:
None finer than the world-class Feurteventura golf course and holiday resort: David Stanley Redfern have a range of 2-3 bedroom townhouses on the resort, prices from £158,000. The La Colina complex is right above the 18th tee, so golfers can head straight out onto the course every morning, and their wife could be waiting for them when they finish, Sangria in hand optional. Each villa has 2 bathrooms, a fitted kitchen, big balcony, sea and golf views, as well as private parking and use of the communal swimming pool.
These are good for any type of investment, caital appreciation is solid at 10-15%, and while rental yields are an unspectacular 7%, the potential for all year round rental is unsurpassed by any other market in the world. Buying costs are a moderate 11%, and capital gains tax a reasonable 18%. There are a lot of taxation issues to consider when buying a Canary Island property, because of the creation of the canaries special zone Zona Especial Canaria (ZEC), which provides tax relief, but mainly only to companies, so the rule for all property purchases, to take professional advice and hire a solicitor is even more important when it comes to the Canary Islands.
Find out more about Canary Islands investment property
New German Investment Property: Something for Everyone
While the words: hot new emerging property market should really come after or during a drum roll, the benefits of opting to make your overseas property purchase in one of the world's few truly established property markets like Germany should not be overlooked. To make this easier David Stanley Redfern have recently added 14 new Berlin investment opportunities to their unrivalled overseas property port-folio. And what shouldn't be forgotten is David Stanley Redfern's ability to offer 70% loan to value mortgages on all Berlin apartments, because of their deal with a major German bank.Potential investors with an eye on an apartment in Berlin will now without a shadow of a doubt be able to find exactly what they are looking for in a German property with David Stanley Redfern. We have everything, from studios to four bedroom apartments, some tenanted, some empty, and all in the most sought after areas of Germany's vibrant capital city.
The shrewdest investors will know that Germany's property boomlet fizzled out as quickly it began, but Berlin was a strong property market before the mini-boom and remains strong after it. In Berlin the demand for quality housing far outweighs the supply, so it is an excellent city for residential rental, and David Stanley Redfern's tenanted apartments give a very rarely found chance to earn an immediate income. Plus, with contracts and prices in place, you can approach banks with a buy to-let finance request without having to worry about what they will estimate as the property's potential rental income. The un-tenanted apartments can fetch yields of between 6 and 8%.
In fact the best of the new bunch comes with a 6% guaranteed yield for the first three years: 1-5 room apartments in Tempelhof Berlin, prices starting from £37,000, all apartments have been modernized and fully refurbished, as well as having fitted kitchens and central heating.
Number two in this roundup of DSR's hottest Berlin investment properties is the Hubertusaleefinal development -- a DSR exclusive. While there is no guaranteed rental yield, this property is at number two because it is at such a low price for its prime location, at the heart of vibrant West Berlin. The Kurfuerstendamm starts just thirty metres from the development, its exclusive shops, restaurants bars and theatres can be seen from the front windows of the apartments. From the back windows you can see Grunewald and the embassies, consulates, exclusive villas, beautiful forests and lakes of the wealthiest area in Berlin. Studios starting from just £44,000 in such an area gives plenty of scope for strong yields and impressive potential for capital appreciation.
And number three because it is slightly more expensive but again, in an even more exclusive and prime location are the studio-3 bedroom apartments in Mitte. Mitte is another area filled with embassies and global corporations, and this complex has been fully modernized and refurbished, and is in a nice quiet part of the district -- with a large park and wooded area right next to the development. Prices start at £65000 for a studio, which in an area like Mitte still leaves room for at least a 6% yield, maybe more from new executives coming to work in the multinationals nearby.
Find out more about David Stanley Redfern's property in Mitte and throughout the best areas of Berlin at
The Two Faces of Thailand's Property Market
On the one hand Bangkok has recently been listed among the top twenty tourism destinations in the world, which should make a property investment there a good one. Dig a little deeper however and you find that capital appreciation, -- previously strong in Thailand -- along with all factors to be considered before investing, have been detrimentally affected by the recent political turmoil, namely the September 2006 coup.
Never the less Thailand is still among the best Asian countries for foreigners to invest in, there is no inheritance tax or gift tax, capital gains tax is charged like income tax at the standard rate, and foreigners can own condominiums freehold. There are other ways for foreigners to buy in Thailand but a condominium purchase is the easiest. And even with the political turmoil as it is rental yields are still around the 8% mark in top tourist destination, Bangkok.
Another rising star in Asia's tourism industry is the Thai island of Koh Samui,which has been largely unaffected by turmoil on the mainland, and where potential investors will find mostly resort property.
As tourism expands on the island, and it begins to attract more of the high end market, as oppose to primarily back-packers, these resort villa properties can fetch yields of 10-12% quite easily, and capital appreciation is conservatively estimated at around the 15%-20% mark.
Total transaction costs are a moderate 10% - 12.3% in Thailand, but there is a little complication over the computation of buying costs; specific business tax and stamp duty are paid on whatever is higher, declared or assessed value -- both parties must have their own solicitor.
Overall a Thailand property investment can be a very rewarding endeavour, especially if you are purchasing a holiday home with a view to renting it out when not in use.
The Big Attraction of Costa Rica Investment Property
Latin American property markets have become a growing force on the international property investment scene, along with many neighbouring countries, Costa Rica's real estate market is in the throws of a major boom. Setting Costa Rica apart is its incredibly peaceful and stable democracy and society. Costa Rican President Oscar Arias, won the Nobel peace prize for his efforts in bringing peace with Nicaragua and El Salvador in 1987 - a good thing since the Costa Rican military disbanded in 1948. An environment of peace is endemic of low crime rates and certainly something which attracts investors towards Costa Rica when seeking out investment property.Said investors won't be disappointed if that search takes them to David Stanley Redfern's website, where they will find the newly added Wyndham Garden development, Jaco Beach. One of the few titled beach front complexes in Costa Rica, Wyndham Garden is a 14 storey condominium of fully furnished 1, 2 and 3 bedroom residencies - prices start from £153,000.
Another attraction is the capital appreciation, in an article in The International Herald Tribune last year, quoted reMax agent, who, along with his family, has been selling property in Costa Rica for 13 years, Chris Mailloux said: "Lots that were once $50,000 are now $500,000. There's not a lot left that hasn't quadrupled in value in the last three years." He also mentioned the rising availability of new property, telling IHT that eight developments each of at least 20 homes are under construction in one abbreviated block near his office.
Also attracting buyers are rental yields of between 7-9% for larger 100sq.m properties, decreasing as property size increases. The first $2,698 of rental income is exempt from tax, and taxed at progressive rates of between 10%-25% after the threshold is reached. A good counterweight to the rental tax when considering a Costa Rican property investment is: Capital Gains Tax is only paid on habitual (recurring) transactions - no CGT is paid on one off property sales.
Costa Rica also has low living costs in its bag of overseas property investment plus points, and next to no restrictions on foreigners buying or owning property -- the only restriction being the first 50 metres after the high tide line is public property, and the following 150 metres can only be leased to foreigners that have lived in Costa Rica for more than five years. That leaves plenty of room for foreigners drawn to Costa Rica's unique features, including: beautiful valleys, volcanoes, jungles, sun, sea and surf. Potential investors will also love to hear that Costa Rica is very secure, has great infrastructure, and investors can choose their favoured climate, by buying on the Pacific coast (warm), the Caribbean coast (warmer), or the central regions of the country (colder)
Of course having a coastline to the Pacific and the Caribbean oceans is another plus point for Costa Rica. And it doesn't stop there, analysts are tipping the Guanacaste province as the "next gold coast", and prices are quadrupling so you better get in fast. Call David Stanley Redfern today for a free no-obligation chat.
Find out more about Costa Rica investment property
Montenegro Property Investment: The Real Beauty is the Price
Most potential investors will have heard about the massive boom that property markets across Eastern Europe have recently been experiencing. Right now three Eastern European countries in particular, Ukraine, Albania and Montenegro have become three of the most popular and favorable of today's hot, new emerging markets. Montenegro has always been sought after with second home buyers, who favored areas on Montenegro's beautiful Adriatic coastline. But since the country voted for independence in a referendum late 2006, and the country split from Serbia, prices have risen around 20% in that 2 year period, and the country has become one of the best for an overseas property investment. Attractions include: no restrictions on foreign ownership, with the exception of vacant lots, which can only be purchased through a company and transferred easily when building has been completed, among the lowest property prices in the world $1000 per sq.m, giving way to yields of 18-24% in popular areas, capital gains tax is a reasonable 15% fixed, and inheritance tax a mere 2-2.6% depending on the closeness of the relation. The only disadvantage is moderately high rental income tax of 15-23%.
Speaking of popular areas, David Stanley Redfern are currently offering two excellent opportunities in the flourishing country. Lakeside Park, on the banks of Slano lake in Niksic, is a major new development of apartments and chalets, details haven't become available on the apartments as yet, but the chalet's will be 3 and 4 bedrooms with a plot of 1000 square meters priced from £63000. The cabin design can be tailored to suit the buyer's individual needs. Facilities will include swimming pool, authentic lakeside stone restaurant with bar, bicycle hire, children's playground and on-site rental management and care-takers office.
Although Niksic is thirty miles in from the always popular coast, inland areas provide the biggest opportunity for growth. Being previously undiscovered by global buyers, prices are much lower, as can be seen from the fact you can buy a three bedroom chalet in a beautiful location for only £63000. Montenegro is a beautiful unspoilt country from coast to coast, and for anyone worried about rumors of poor infrastructure, an article in last June's Observer told how Montenegro is benefiting from an injection of EU cash, June Dunford wrote: "roads and tunnels are being worked on wherever you look".
David Stanley Redfern's second offering is an off-plan apartment complex in another increasingly popular tourist area: Lustica. Prices start from £50,000 for a 1 bedroom apartment, 2 bedroom apartments are also available and the development is just 1800 meters from the aforementioned beautiful Montenegro coastline, namely Miristra beach, in Zambellici -- a quiet village yet only ten minutes from Tivat airport. The development features a communal pool, the apartments are serviced and rental management is available -- furniture packs can be purchased on request.
Find out more about Montenegro investment property at:
Montenegrin property
Fantastic Rental Yields in Buenos Aires - Buy Today With DSR
In Latin America, a region of emerging property investment tigers, Argentina is a lion, with 10% rental yields on a 250sq.m apartment -- quite amazing for a property of such size in downtown Buenos Aires. Luckily for David Stanley Redfern investors that is exactly where our Argentinean properties are, downtown Buenos Aires, Palermo Viejo to be exact. Palermo Viejo has picked up the name Palermo Hollywood because of the amount of film and T.V studios setting up shop in the area, after the economic boom began in 2001 when the area began to rival Madrid and Toronto as a low-cost location for films and T.V programs. Of course this triggered a whole new popularity for the area, which is now one of the most chique and hip areas in Buenos Aires (that is saying something), even El Taller, a fixture in Palermo Viejo, has been transformed into a small art house, tango dance venue and art gallery.
Our property there is the Lista Live Hotel, containing 1-3 bedroom apartments starting from £96,348. The complex has a cosy central square, a swimming pool, aerobic room, gym, sauna, business centre with wi-fi, a bar and a restaurant, room service including cleaning and laundry services, interior gardens and underground parking with valets, all under the protection of 24-hour security. Capital appreciation is conservatively estimated at 15%, and rental yields, again conservatively estimated at 10%. The latter I would suggest as more realistic for the three bedroom apartments, where as the one bedroom apartments could fetch a much higher yield.
Argentina can even attract foreign investors with its taxation, there are no inheritance or gift taxes in Argentina, and capital gains by non-residents, for instance a foreign investor selling his property, are not considered as income and so not taxed under Argentinean law. Company capital gains are liable to 35% corporate income tax.
Total transaction costs are low in Argentina 6-8.35% to be exact. Mid-high end property transactions are done in U.S. dollars and in cash, which can cause problems because conversion is costly in Argentina, and 1-2% can be paid in conversion costs.David Stanley Redfern offer the cheapest currency conversions, so U.K. investors are in a favourable position when it comes to an Argentinean property investment.
Any investor attracted to Argentina property should call David Stanley Redfern today for a free no-obligation chat, because -- as with any overseas property investment -- the earliest investors pay the lowest prices.
The Benefits of Property Investment in Brazil
Latin America has recently exploded onto the international property scene, with countries like Panama, Argentina, and Brazil attracting the most attention. In Brazil, -- mostly similar to the other two, -- the reasons are a strong and growing tourism market, low cost of living (as in all Latin America), easy and unrestrictive buying process for foreigners, low capital gains and inheritance tax, 15% and 2.5-4% respectively, high rental yields of around 9% on a 50sq.m property, moderate purchase costs of between 11-12% and pro-landlord rental laws. Quite a package to entice buyers, who will find an equally impressive package on offer in a Brazilian property purchased from David Stanley Redfern Ltd. For the purpose of this release I will concentrate on David Stanley Redfern's Brazil land plots, as oppose to the Brazilian apartments and houses also on offer at DSR. Land plots in Brazil are a shrewd investment because the prices are so low, the potential for capital appreciation the greatest, and building costs are low because of the low cost of building materials in Brazil.
Two of David Stanley Redfern's Brazil properties are the Oasis and Carapibus Land Plots, both in Paraiba. The Oasis plots range in size from 350sq.m. to 554sq.m. and in price from £6999, to £13,999, and come with a free legal package. The Carapibus plots are all 1000sq.m. at a price of £16, 829.
The Oasis is a private gated community, surrounded by a 2 meter high wall, and with a grand 9 meter high gate at the entrance. Ecologists will be pleased to know that the master design has been altered wherever possible to avoid uprooting trees, and though 65% of the site is saleable plots, the first four have been reserved for the building of shops and other necessary amenities. The site also has an astounding range of sports, activities and facilities: A fishing/boating lake with boat house, 2 polisports courts (whatever they are), a beach volleyball court, 1300sq.m of swimming pool area, a mini football pitch, a gym, barbeque area, 2 tennis courts, a running track and a children's play area.
But what we must not forget about the Oasis land plots is their low price, which gives an incredible amount of scope for profit if you build nothing, and even greater after you build at Brazil's low costs.
Carapibus is a small village on the southerly border of Jacuma, just 30 min from Joao Pessoa international airport. This area is becoming increasingly popular amongst Brazilians and international investors. Carapibus is a fully gated condominium in the beautiful hills overlooking the Atlantic Ocean. The complex is 10 min from some of the best beaches in Brazil and has football pitches, tennis courts, 3 pools, a private riding stable and riding arena, as well as a shop, and restaurant. All plots are connected to water, electricity and phone line.
Both land plot developments have the option of having the developer build for you straight away, building costs, depending on the materials chose by the customer are estimated to be around £700 - £750 per sq. m. including all landscaping. The properties waiting to be built on Carapibus are 4-5 bedroom villas up to a size of 300sq.m. which, by that guide would cost £241,000 - not bad for a five bedroom villa in a tourism hotspot.
One of the strongest points both these Brazil properties share is their location. Paraiba is a state yet to be discovered, and prices there are lower than other states. It is an up and coming area of Brazil, half way between the paradise beaches of Rio Grande du Norte and the rich historical sites of Pernambuco, both of which have already entered the list of most visited Brazilian locations. With all it has to offer Paraiba is sure to join them on that list: rich folklore, crafts, Paraiba cookery and fantastic beaches (including the 7th most beautiful beach in Brazil). Also worth mentioning is that Paraiba is the most easterly point of the Americas and so has the earliest sunrise -- it is also between two international airports, and has a very low crime rate.
With so much to offer, Paraiba won't be undiscovered for long -- if you don't get in now you risk missing this fantastic opportunity. Call David Stanley Redfern today for a free, no-obligation chat.
Lapland Investment Property: The Complete Package
House prices in Finland doubled between 1995 and 2005, and they continue to rise strongly. A couple of great things about a property investment in Finland are the low total transaction costs of 7.7% - 10.2%, and the buyer protection offered by the government. With an off-plan purchase in Finland (like Aurora Sky) buyers deposits are held by the government, so if for any reason work on the development should stop, or the even if the buyer simply changes their mind, they will get their deposit back minus a nominal administration fee.Where to buy in Finland depends on what the buyer is looking for. Buyers in the market for an investment only, with no intention to use it or rent it out, only to sell it for a big profit some years down the line can buy anywhere where price rises remain strong, Helsinki, Lapland and many more places. But those looking for a Finnish holiday home to rent out when not in use should focus on Lapland - specifically the Levi ski resort.
David Stanley Redfern's Aurora Sky (snow white) Hotel complex of studio, 2 and 3 bedroom apartments is right at the foot of Levi's downhill skiing slopes, the very same slopes the Alpine skiing world cup is held on - the hotel even has its own private ski lift just yards from the door. The apartments are serviced, and optionally their rental is managed by hotel staff. One of the most recent additions to the DSR sales team has just sold one of the Aurora Sky apartments -- she had this to say of the main selling points:
"The main selling point was the 6% guaranteed rental [yield] for [the first] 5 years, also clients were quite taken by the fact that there will be a new ski lift just opposite the building. The available finance was quite a good selling point as well, together with the fact that the apartments are fully furnished."
That's right, A 6% guaranteed yield is being offered with the Aurora Sky apartments for the first five years, but this is capped, so if you have time to manage the rental marketing yourself it is worth your while to consider turning down the rental management and guaranteed yield, because the potential is there to fetch 8-12% yields.
Rental yields on the Aurora Sky apartments are higher than other places in Finland because of the rising popularity of skiing and adventure holidays, poor conditions in the Alps for several years aside, Levi can compete with the Alps even at full strength, because of the quality and uniqueness of the resort and of the complex that surrounds the Aurora Sky hotel.
Levin Tori stands alone, a small village among the snowy wilderness, while all necessary amenities are right on the doorstep. The Levin Tori complex is a shopping mall and selection of apartments that surround the Aurora Sky hotel, (Levin Tori apartments have a much higher price tag), so shopping lovers will not be disappointed, but nor will people looking for unobstructed views over the fells. All facilities and amenities necessary for a great skiing holiday lie on the Levi skiing resort proper, including ski rental and training facilities on the 44 pistes, 15 of which are floodlight for Finland's dull times.
But skiing and shopping aren't the only activities on Levi, visitors can also ride on a husky pulled sled, and enjoy Ice fishing on Levi lake, and that is only in winter. In summer visitors can enjoy Nordic walks in the brisk, fresh and pollution free Levi air, and fishing on the afore mentioned Levi lake. All year round hot air balloon rides are also on offer as well as reindeer rides for the kids.
The rise in the popularity of skiing and adventure holidays is a growing phenomenon, possibly it has something to do with skin cancer fears, but more likely people who have previously looked at only warm destinations want to try something different. Because of this and the six months of excellent skiing conditions, beautiful scenery and vast array of all year round activities, an Aurora Sky property is perfect for any type of buyer.
Those looking for solely a rental income orientated investment, with no holiday usage in mind have a good chance of getting all year round rental with a high yield for his trouble. Long term investors will be attracted by the fact that prices in Finland are expected to rise 300% over the next ten years, based on the current capital appreciation figure of 35%. And if you're a thrill-seeking adventure holiday lover, or simply tired of baking on a beach, these are perfect holiday homes, whether you rent them out when not in use, for the guaranteed 6% or go it alone and making much more.
Find out more about Finland investment property
Cambodia: Asia's Property Investment Tiger
Tiger is a word that is used a lot when talking about emerging markets -- especially Asian ones. But when I use tiger to describe Cambodia it also has an additional meaning to the norm, in that Cambodia is primed and ready to pounce. Most of you interested in investing in a Cambodian property may already know that foreigners can't buy property freehold there because of government restrictions - and that apart from that fact, Cambodia is one of Asia's best property investment markets.So you will be glad to know that the government is currently coming under increasing pressure to abolish the restrictions on foreign ownership, and the possibility of buying freehold in Cambodia may be just around the corner. Current law leaves potential foreign investors with two options, leasehold of up to 99 years, or forming a company, and taking on Cambodian nationals as partners sharing 49% of the company -- the foreigner has the controlling 51% share.
David Stanley Redfern has some excellent properties in one of Cambodia's strongest areas: the French Riverside Quarter of Pnomh Penh: left over from the French colonial era, the aptly named French Colonial Apartments. The properties are bought on a 99 year leasehold and cost from £29,151 for a one bedroom and from £48, 100 for a 2 bedroom. In the contract is a clause that allows buyers to buy their property freehold for $1 should the law change to allow it. Their location is one of the prime areas of Cambodian real estate, making their low price a real bargain.
The properties are completely refurbished in what I would call a modernist style with an oriental twist, (or is it an oriental style with a modernist twist? See accompanying pictures and decide for yourself) and what I would also call absolutely stunning. Perhaps most attractive about the properties is that they come with a 10% guaranteed rental yield for the first two years. But because of Cambodia's recent popularity with tourists, and the shedding of its skin as a destination for back-packers, to attract more of the middle-high end of the tourism market, with more disposable income, earning a 10% yield after 2 years shouldn't be all that difficult. Capital appreciation on the properties is conservatively estimated at 20% - 25%.
Also on the plus side is the fact that Cambodia's rental laws are pro-landlord, and there is no income tax on rental income, other than the tenant withholding 14% of the land-lords rent is what is unsurprisingly called a withholding tax. Also on the plus side are the low-moderate total transaction costs of 3.9% - 6.5%. Call David Stanley Redfern today for a free no-obligation chat with the experts on all aspects of overseas property investment.
Find out more about Cambodian properties
Guaranteed Finance on Land Plots: A World First from DSR.
In what is possibly - if not probably - a world first: David Stanley Redfern are in the fortunate position of being able to offer overseas property investors guaranteed finance on land plots. And not just any old land; 1 acre plots on the Rouge River resort, voted best resort in Quebec for the past eight years.The properties are very reasonably priced; acre plots start from only £18,500, and as I said, guaranteed finance is being offered by the developer, simply put £3000 down and the property is yours to do as you wish with from that point forward. Doing as you wish includes building nothing and keeping it as a land investment, possibly to take a camper van to each year forever, or for a few years before selling for a great profit. But perhaps the most favourable options are the developer's pre-designed 0-6 bedroom log chalets waiting to be built whenever you decide.
Building costs of the pre-designed chalets are around £75.00 per sq. ft., minimum build is 700sqft and maximum is 4000sqft. An average three bedroom chalet is 1500sqft, which based on those costs would be £109,000, plus land price of £18,500, totalling £138,500. Rental yields on such a property would be 6-8% which is very good for a property of such size.
But it is on capital appreciation that these properties really stand out, the Rouge River resort is currently enjoying unprecedented levels of investment, mostly in high end property developments. Our buyers are fortunate, because our Rouge River developments are half the price but will benefit from the value increases these new developments will trigger. Experts are estimating that property prices in the area will at least double in the next few years -- possibly even quadruple.
Capital Gains Tax is 25% of 50% of the net gain (minus all buying and selling costs), equating to 12.5% CGT. Rental is a fixed 25% of the gross rental income, but none residents can choose to pay tax on their net rental income at the progressive federal rates, this choice incurs at 48% surcharge.
As for the location; the Red River Resort -- as it is known by the locals -- is an awe inspiring place; 100 miles of trout filled river making a unique sound that can be heard throughout the site, and is drowned out only by bird calls and other sounds of the fantastic nature that the Laurentian Mountains, Quebec and Canada as a whole are world renowned for. Land owners are immediately granted rights to enjoy sport on the river, including fishing, kayaking - yes there's rapids; well it is Canada -- canoeing, boating, swimming, and of course picnicking and hiking along the banks. There is also a 100 mile bicycle track.
And that is only for the summer months, in winter the bicycle track becomes a skidoo trail, hiking the river bank turns into cross country skiing, fishing turns into ice-fishing, and the birds, nature and wildlife to be seen and heard all change drastically. As well as being close to the new multi-billion dollar property developments, Mt Tremblant is only twenty minutes away by car, where skiers will find alpine downhill skiing to compliment the cross-country trails on offer on Rouge River, and Montreal is only 90 minutes away. Rouge River properties bring rentals from visitors coming in for both tourist attracting locations.
All the above gives these properties incomparable all year round rental potential. But when you see the nature that the Laurentian Mountains and surrounding area has to offer you may just emigrate. One thing is certain, if this development appeals to you and you don't put your money where your mouth is fast, you will be disappointed that you didn't. Why not call David Stanley Redfern today for a free non-obligation chat - what've you got to lose.
Find out more about Canadian investment properties.
Albania Investment Property: The Next Big Thing
Recently Albania has put itself firmly on the map, both as an increasingly popular tourism destination, and an emerging market on the international property investment scene. Things that shrewd investors and experts in the field like David Stanley Redfern look for are rapid growth, and/or reasons and factors that make rapid growth in the near future probable. In the case of Albania, these factors include: entry into the North Atlantic Treaty Organization later this year, into the European Union in 2014, and of course rising tourism, growing by 10% per year.Other major advantages Albania offers investors are the lack of restrictions on foreign ownership of property, the only restrictions being that foreigners can only make a commercial investment if its value exceeds three times the cost of the land, and foreigners cannot buy agricultural land - they can however lease it for 99 years. Also worth a mention is that Albania is already attracting some of the major European banks, which will make financing an investment easier.
Albania also has many tax advantages like the lack of capital gains tax, no withholding tax, no inheritance tax, no Value Added Tax on property purchases, no state or wealth taxes and no transfer tax. The total round-trip transaction cost is also very low, with less than 1% going on public notary fees.
Albania's potential for growth is definitely among its biggest attractions: Gross Domestic Product growth is an almost incredible 6% and likely to accelerate, and capital appreciation can reach up to 30% depending on the investment.
As always, with a finger on the pulse of international property markets, David Stanley Redfern had to give their clients the chance to get a piece of the Albanian action. David Redfern told me why:
"Just as the other Eastern European States hit us hard and fast with their capital growth, we believe Albania will do the same. It is becoming a pattern, these under-developed states, that were once surrounded by similarly under-developed neighbouring states, see their neighbours jumping onto the international tourism and property markets with a bang, and start to take steps rapidly to ensure that they are not left behind. They have a lot of room to work with; property prices and living costs are generally low, which become immediate selling points to tourists and to overseas property investors. Their generally good climate, which is always big business in the tourism industry, means their low prices make them a low cost alternative to some of Europe's hottest tourist destinations."
David Stanley Redfern are offering investors the chance to get in on the action with 1-2 bedroom apartments in the Shengjin Beach development. Starting from £32,088, most of the apartments enjoy sea views and will be supplied finished with ceramic tiling, electrical and plumbing connections ready for installation. The development is two buildings frontline to the beach, both have lifts, the ground floors will be retail units and there is a communal garden to the rear. Activities in and around the development include, surfing, windsurfing, beach volleyball, skiing, caving, trekking and sampling the variety of restaurants and bars from the diverse cultural and ethnic backgrounds in the area.
A few years ago Albania was a destination very few people (if any) would consider a holiday destination, but huge advances in democracy and development in the last few years have made Albania not only an attractive holiday destination but a very affordable one.
Albania: "it's a place where history is still waiting to be discovered", wrote Matt Gross in the December 14 edition of the French newspaper: The International Herald Tribune. In two paragraphs about Albania's history he had me wanting to drop everything and jump on a plane. Something that exponentially growing numbers of tourists are doing year upon year.
Undoubtedly not all those tourists will be going in search of the history, the climate is another big plus point. The quickest way I can introduce you to the tourism extraordinaire that is Albania is to tell you that you can rent a double room in a good hotel in Albania's Sarande for the equivalent of around £20, from where you can also take a short hydrofoil ride to the Greek Island and tourist hot-spot of Corfu.
This is symbolic of another tourist attracting feature of Albania, it's cheap. For decades Albania has been one of the poorest states in Europe and so on holiday there you will, as I said enjoy the temperatures and sunshine of Greece for a fraction of the cost.
Call David Stanley Redfern today for a free no-obligation chat.
Find out more about David Stanley Redfern's
investment properties in Albania.
Property Investment Opportunity in Philippines Manilla
Widely revered overseas property investment specialists David Stanley Redfern have added Philippines to their portfolio of worldwide properties and are now offering affordable capital city based apartments in Manilas central business district of Makati from just £26k.The Lancaster Atrium is 1 of 3 skyscrapers hosting these outstanding facility filled, fully fitted and ready to rent apartments amidst an expansive corporate environment that's abundant with established Filipino and multi-national companies, luxury hotels and restaurants and perhaps most notably, the world's first 24 hour floodlit golf course that's greatly appreciated by many a globe trotting investor who can be found unwinding or networking as they go.
In the 2nd quarter of 2007 the Filipino GDP growth rate hit 7.5%, making it Southeast Asia's fastest-growing economy and has attracted comparisons with India's economy in light of its rapidly escalating growth. This 'best of breed' real estate promises higher than average yields (circa 12%) and with off-plan prices in the district having grown by 40% over the past 2 years, its evident financial rewards are undeniable.
Foreign investors can own these apartments on a freehold basis too, though leasing to an in-house management company is optional and offers an expected rental yield of around 8%-12%. This highly rewarding investment opportunity certainly proves itself as one not to be missed and with the availability of interest-free credit allowing buyers to reduce their initial outlay and to spread their payments, theses apartments surely won't be around for too long.
Find out more at Philippino properties
Internationally Attractive Morocco Investments Set to Grow
Adding a little touch of mysticism to their enviable portfolio of global properties, overseas property development specialists David Stanley Redfern now offer investors Moroccan property from as little as £56k, with attractive 2 bedroom apartments and more adventurous 3 bedroom villas featuring throughout their selection of majestic developments. So if a resort that's expected to increase in value by as much as 30%, just 20 minutes from Tangier International Airport on the breathtaking Atlantic Coast sounds too good to miss, read on. If a property that's expected to see similar capital growth over the next few years, just 100 metres from the translucent sea on the Mediterranean coastline sounds like it could be right for you, again read on.Above all else, if a high quality, affordable and highly rewarding investment opportunity is what you're ultimately looking for, then please do read on because all of David Stanley Redferns fully finished Moroccan properties are situated in sought after areas that are all set for excellent economic development. Increasing interest from foreign investors is understandable, not just for alluring, government supported property market but for its strong tourism industry and the ever escalating accommodation requirements it provides. Commonplace capital growth estimates for Morocco lie anywhere between 15% and 30%, making it one of today's world leading emerging markets.
Considering the many attributes that feature with these properties too, like bank guarantees, 18-hole golf courses and rental/management services along with the familiar inclusion of bars, restaurants and supermarkets, gym and fitness centres and pools, it's no wonder that Morocco is causing the commotion it is. David Stanley Redfern themselves offer an astonishing array of considerate services too, so why not get in touch for a non-obligatory chat about all the benefits of what could be the investment of a lifetime.
Property investors go to Montenegro
Montenegro is the latest investment focal point that overseas property investment specialists David Stanley Redfern have added to their extensive list of worldwide properties. Priced from £50,220 - £75,860, their contemporary off-plan 1-2 bedroom apartments in the village of Zambelici, Lustica and more traditional 3-4 bedroom lakeside log cabins overlooking Slano Lake in Niksic are simply stunning. Since gaining independent status last year, Montenegro has seen a property boom that has lead to its desirable real estate pricing increase by as much as 20% on average over the past 2 years.With Podgorica, the capital city producing rental yields of anything up to 24% and capital gains tax of around 15%, this Adriatic coastal region and its 6% buying costs simply demands to be investigated. If low cost living combined with a tranquil off-plan seaside property with an accommodating terrace looking out onto expanse views near the revered Mirista beach, just 15 minutes away from the airport sounds like the right property for you, read on. If a beautiful tailor-made log cabin with convenient family facilities, restaurants and easy pool access just 10 minutes away from Montenegro's second largest city sounds good, again, read on.
Between the 2 featured properties on David Stanley Redferns site, a host of enticing attributes are listed: Water, electricity, telephone, air conditioning/heating, fitted bathroom (electric water heater, WC, wash basin, shower, fully tiled walls), tiled floors, communal swimming pool, fitted kitchen (with installation of white goods if required), optional furnishing packages at discounted prices, optional property rental management, double glazing, parking space, yard, dining room, utility room, study, gardens, full insulation, lounge and fireplace. These affordable and fully accommodating properties amidst an emerging property market are hard to beat for quality, value and return. Contact David Stanley Redfern for a non-obligatory chat about all the different specifications of these Montenegro properties, as well as any other queries you might haveFind out more about Montenegro property.
David Stanley Redfern Launch New Website

December 2007 saw overseas property development specialists David Stanley Redfern launch their new user-friendly website. Not only does the new site showcase each property from their prestigious portfolio but also provides an in-depth account of just what it is that makes David Stanley Redfern the widely revered and reputable property specialists they are. If you've ever wondered what separates the best from the rest, t the new informative pages that are filled with property information certainly go a long way to shed light on their longstanding operation.
Commenting on their new site MD David Redfern said "It's not just having the best properties at the best prices that make a success of a business; we pride ourselves on customer care and satisfaction and firmly believe that we're untouchable in all the aspects of any transaction we undertake". Their global properties truly are spectacular and anything from affordable Argentinean apartments and Canadian chalets to Finnish flats and Swiss studios are offered along with knowledgeable assistance from their friendly focused staff.
Looking at what's on offer from David Stanley Redfern, from initial obligation-free chats to follow up after sales care, it seems that their service is indeed thorough. Finance solutions, shipping arrangements and a plethora of other considerate and accommodating services are offered, ideal for any inexperienced first time or well seasoned overseas property investors alike. Why not get in touch today and find out more about David Stanley Redfern.
Find out more about David Stanley Redfern
Cambodia hosts opportune investment property
Property: Fancy a stunning refurbished 1-2 bedroom apartment complete with electricity, water, telephone, central heating, lounge, bathroom and gardens? Situated in the chic riverside French Quarter of Cambodia's capital, its wealthiest city of Phnom Penh, these properties are available now through overseas property specialists David Stanley Redfern from £29,151 with only £1,000 reservation fee.There is plenty of leverage as the 65% balance isn't payable until completion and approval of the finished property and an initial 35% post due diligence payment. There are no construction risks whatsoever and this foolproof opportunity to own a highly desirable apartment in an equally alluring region offers all the benefits of any higher risk market, just without the worry.
Rental: Despite democracy and property ownership issues restricting the development of Cambodia's real estate sector, it's somewhat reassuring to know that Phnom Penh is at the centre of it all. Here, the developer is offering a net rental guarantee of 10% for the first 2 years so, along with Cambodia's capital growth hovering around 15% to 20% per year, this investment opportunity is undeniably attractive.
Costs: Cambodia's tax administration is split between registered businesses that are required to submit a monthly tax return and individual taxpayers who do not submit tax returns (though tax on employment income is withheld by their employers), so do not pay income tax on rent. Theoretically, up to 20% income tax is payable by residents from their net rental profits, whilst non-residents will pay 20% flat rate.
Administrative practice dictates that companies must pay income tax and deduct 1% turnover per annum. Profit tax is 15% on net profits with the usual depreciation and deductions being allowed. Individuals are not VAT registered either and so are not liable for VAT on rental income. 10% withholding tax is payable by the leaseholder if the landlord is resident, and 14% if the landlord is non-resident. This tax is increasingly written into new leases. VAT is payable on rental income at 10% in corporate situations. Capital gains tax is currently non-existent, though it is imminent and likely to come into effect by 2008 at around 20%.
Buying: As foreign ownership of land isn't allowed in Cambodia, investors must take 1 of 4 routes around the problem. Buy through a local company, lease the land, acquire governmentally encouraged Cambodian citizenship and land ownership rights as you do so.
Tenancy: Rent is freely negotiable between landlord and tenant in Cambodia, with a deposit of 1 month's rent and 2 months' advance rent for the last two months of tenancy are commonplace. The security deposit is usually refunded 3 days after the tenancy term and all applicable maintenance deductions. Long-term renewable leases that usually last for 1 year are commonly written, though verbal agreements are acceptable for shorter term rentals. Only the law of contracts and the improved revised land law governs the tenant/landlord relationship.
Access: Phnom Penh hosts 2 international airports that offer daily flights along with all the major regional airports in Bangkok, Hong Kong, Ho Chi Minh City, Singapore, Taipei and Laos too, though the nearest is just 11km away from central Phnom Penh.
Find out more about -Cambodian properties.
Philippines Property Investment: Profit Gauranteed.
Makati in Philippines is steadily increasing in corporate appeal and holds great attraction for business executives in the capitals main business district that's abundant with numerous Filipino companies and classy hotels, exclusive restaurants and 24 hour golf courses. Combined with its already established, perfect 'dream destination' profile, serious investors looking on the global property market are succumbing to the Filipino charm. David Stanley Redfern are longstanding and reputable overseas property investment specialists who have turned their ever watchful eye toward Makati, adding the mesmeric skyscraper project, the Lancaster Atrium Towers to their enviable portfolio. And so they're now offering top class Filipino property from as little as £26,000.
So, you can buy an apartment in a centrally located Philippines skyscraper for as little as £26k, surely not, what's the catch? Well, due to its sheer quality, limited availability is an understandable issue, though that's about it, really.
Remember, it's not just the alluring investment environment of Makati that draws investors to Philippines, its perhaps something about the properties expected higher than average 12% yields and exceptional growth (off plan prices per m2 in this district have grown by 40% in the last 24 months) too. Philippines GDP has been rising at over 5% year on year and the Filipino peso appreciated a staggering 20% against the $USD since de-pegging just 12 months previously. Makati is where it's all at.
Your fully furnished, fully managed £26k apartment includes fixtures, fittings, furniture and all dressing items such as tableware, glassware, bedding, cutlery etc, essentially making for immediate rental, though the option of obtaining a rental yield (around 8-12%) by leasing the apartment back to the in-house management company is open to buyers.
Foreign investors can own this second to none property on a freehold basis, amidst the sustained, aggressive and growing Filipino economy. With interest free credit available, buyers can spread their payments and reduce the initial amount of cash they require to get a piece of this action. Contact David Stanley Redfern today to find out all you need to know about this amazing opportunity.
Find out more at Philippines Property.
Cambodian French quarter hosts property investment opportunity

Whether you're looking for a sleek and stylish property to boost the appeal of your property portfolio or simply looking for the levels of investment return that only come with an overseas property investment, a second home in Cambodia's emerging market hosts the perfect opportunity. Overseas property investment specialists David Stanley Redfern are offering investors the chance to own an affordable, financially rewarding 1-2 bedroom property from as little as £29,151 so, the failsafe ownership of a highly desirable riverside property in the revered French Quarter of Phnom Penh, Cambodia's capital city, is there for the taking, along with all of its attached benefits.
Cambodia's current capital growth promises an enticing 15%-20% net rental return, however, these apartments include a 2 year guarantee of a 10% minimum return, so a little peace of mind comes with the package too.. With Cambodia's profile attracting an increasing number of holiday takers and investment makers alike, the vast rental opportunities are simply undeniable. Any emerging property market place holds great rewards for the assertive and the shrewd investor particularly perhaps, but with Cambodia's ever strengthening economy taken into account, the future of the region and any investment made in it will surely flourish.
But just what exactly is being offered for your investment? Well, it's breathtaking contemporary master-class at its most alluring, so it's somewhat reassuring to know that a £1000 reservation fee will secure a property with no construction risks and nothing to pay until completion after an initial post-due diligence payment of 35%. An accessible 1-2 bedroom apartment complete with full utilities that's serviced by 17 airports in landlord friendly Cambodia can now belong to any buyer on the international property market.
As always, ensuring you have a reputable and reliable agent such as David Stanley Redfern is highly recommended, so as to alleviate any sense of worry that overseas property buyers can often feel.
Find out more about Cambodia property
Tempting Thai investment opportunity tantalises investors
Overseas property development specialists David Stanley Redfern have set their sights on the sensational South East Asian country of Thailand, adding these £100,000 villas to their portfolio. It surely comes as no surprise to learn that a tropical island abundant with beautiful sun baked beaches and surrounded by panoramic views of the surrounding blue serenity of the sea and sky is highly sought after. What might surprise you is that for £100,000, your very own investment home amidst Maenam Hills, an exclusive boutique development of just 10 generous terrace and balcony featuring villas can be yours.David Stanley Redfern now offer investors the chance to buy a Thai 2 bedroom property over 48 months with 50% interest-free finance available. Along with an equally enticing 2 year guarantee of a minimum 6% return in an area that enjoys an astonishing 80% annual occupancy -- Thailand's third largest island, the widely revered and highly fashionable Koh Samui.
These incredibly affordable Thai villas are incomparable for value, quality and style. Their modern and meticulous interiors are sharply designed to allow full appreciation of their glorious fully fitted living space, as are the private gardens amidst which they're situated. With the availability of optional (at extra cost) furniture packages that allow for immediate rental, full utilities and personal drive and parking provision, there's everything you could hope for and more.
More meaning and mainly pertaining to the alluring palm tree lined pool, close proximity to the local golf and country club that's famous for its luxurious spa and Maenam village, a Thai cuisine centre point for Thai food lovers all across Asia.
Thailand just so happens to be Asia's biggest tourist attraction and so it's somewhat reassuring to know that Samui is regularly serviced with flights from Hong Kong, Kuala Lumpur, Singapore and more frequently from Bangkok, the capital city, making these undeniably attractive properties simply perfect for investment makers and holiday takers alike. To avoid the inevitable disappointment that will follow the failure to procure one of these villas, contact David Stanley Redfern immediately and discuss all the varying beneficial aspects of this opportunity.
Find out more about Thailand property.
Under 20k investment opportunity arises in Canada
Ideally, this investment opportunity should be taken now, before December 1st 2007, when prices in the region are set to increase by as much as 15% or, perhaps more critically, profit margins will be reduced. Any potential investors should contact reputable overseas property investment specialists David Stanley Redfern Ltd in order to secure themselves a piece of this exclusive action with their £3000 deposit.
There are a number of financially rewarding reasons to buy into Canada aside from the aforementioned pricing advantage. River Rouge itself is all set to increase in value due to the areas diminishing availability of property and like any investment made in the region, is expected to at least double or possibly even quadruple in the coming years. There's the undeniable rental potential of any resort with such easy access to an array of seasonal outdoor activities to consider too. With the allure of a flexible and affordable payment plan being enhanced by the availability of up to 95% finance from the developer, leaving no loans needed in order to buy a piece of the resplendent Rouge River. There's surely nothing to stop either the casual or career investor from taking full advantage of this amazing opportunity.
With great links to local transport services, in particularly the New Mount Tremblant International Airport which, like the new national motorway sits just 10 minutes away, your 0-6 bedroom, top spec' Rouge River log cabin or undeveloped plot of land is reassuringly accessible, not only to local holiday makers but to international globetrotting visitors too. Investors can reap the full benefits of their property purchase and the range of attractive extras attached to it. With flexible payment plans, lifetime guarantees, UK/Canada off-settable taxes, Canada's stable economy and infrastructure and a 1 year exchange option with no visa usually being required either, well, what's to stop you?
Find out more about Canada property
Ideal Italian Property Investment Opens in Puglia
From as little as 112,000 euros, any assertive investor can buy themselves a slice of Mediterranean magic in Taranto, a charming coastal city that hosts Bevagna, a popular attraction for many Italians and given its location, a common tourist destination that's just an hour away from the local Brindisi airport.
The shimmering Adriatic and Ionian Seas perfectly accentuate the serenity of South Eastern Puglia, the distinct boot heel of Italy and home to this investment opportunity of a lifetime. In the beautiful little communal town of Bevagna, amidst its many bars and restaurants, supermarkets, banks and abundance of sun baked sands, an incomparable, roof terraced holiday home and its unrivalled views of the enviable environment awaits your arrival.
The many surrounding sightseeing opportunities that are known for drawing the aforementioned regular crowd of keen visitors are seemingly trapped in another time and each resplendent one is individual from the next. With most things from farmhouses to castles and caverns to cathedrals, Bevagna in Taranto, Puglia, is truly a warm and culturally significant refuge in a glorious region of the world that's abounding with delightfully quaint attractions.
Italian communal resort properties are highly sought after; particularly those idyllically situated like this one. They offer great returns in a market place that's practically crying out for accommodation and more often than not, these apartments will at least, actually pay for themselves, let alone make a rewarding profit.
Depending on your personal input, requirements and motivation, Italy can be yours to enjoy and yours to share with tenants. With English speaking representatives on site and inspection trips available to view one of the diminishing total of 56 apartments offered with this overseas property investment opportunity, anyone looking for that certain special something should contact David Stanley Redfern today for an obligation-free chat about the services they offer, including anything from initial financial solutions to considerate after sales care, both of which are said to be second to none.
Find out more about Italy investment property.
Canadian Investment Property Creates Astounding Time Sensitive Opportunity
The deadline is certainly the most pressing detail of this time sensitive opportunity, though the asking price itself is more than worthy of your full attention. To maximise the financial reward that this property investment offers, potential buyers are urged to act before the 10%-15% price increase occurs on December 1st.
That's not to say that there's not a profit to be made after then, but missing out on an additional 15% just for poor punctuality well, that could be enough to keep some investors awake at night. River Rouge will evidently double triple and maybe even quadruple in value in the next few years, especially in light of the rapidly decreasing availability of property.
£18, 556 will buy you an incomparable investment/holiday home just 5 minutes away from similar homes that enjoy the same crisp clean environment but are only available at twice the price of those at Rouge River. As if that weren't enticing enough, these new 0-6 bedroom lodges and chalets are offered with full finance guaranteed and can be secured from as little as £3000.
So, a breathtaking property in an equally breathtaking environment that's available at half the cost of any neighbouring residences, it admittedly sounds a little hard to believe but remember, the David Stanley Redfern name is revered and widely respected amidst the fierce property market competition.
Owing to their expertise and enviable customer service that's clearly held near and dear at the heart of their longstanding business, David Stanley Redfern is a name you really can believe in.
Heard enough about the financial benefits, let's move on to the prize at the end of the managed purchase process then. Situated close to local amenities and the array of outdoor pursuits that are right on the doorstep, these charmingly camouflaged ski lodges and wood sided chalets come complete with cable TV and telephone, as well as a sharply contrasting license that allows the owner to do practically anything they like in the nearby river and to do it just as freely as they can by the river, on the popular skidoo, ski and bicycle trail.
Recreational vehicles are openly welcomed River Rouge, so from caravans and campervans to sailing boats and anything else that floats, whatever your preferred mode of transport, rest assured it's quite welcome.
For full information on this time sensitive offer and the countless number of alluring attributes therein, contact David Stanley Redfern today.
Find out more about our other Canada investment properties.
Exclusive Berlin Apartments Create Strong Investment Opportunities
Limited availability of such highly sought after apartments perhaps, is understandable, not just because of their location but also because of their affordability. For just 61,990 Euros a property in the German capital city of Berlin can belong to any investor out there who, not only knows a good thing when they see it, but are assertive and fast acting too. Perfect for career minded individuals, independence-seeking couples or business motivated investors looking to let the apartment to either of the aforementioned ideal candidates, the Hubertusalleefinal could be the overseas investment opportunity of a lifetime, despite their surely limited availability of course.
Situated in the widely revered and resplendent Grunewald region of Charlottenburg-Wilmersdorf borough, these apartments enjoy exceptionally high rental yields as well as the close proximity and convenience of the popular theatres and restaurants, shops, bars and cafés. With the inherently beautiful forests, lakes and the Havel River to complete the setting of the stunning surroundings that are clearly visible from any balcony, the high demand for accommodation in this serene area of Berlin will certainly come as no surprise.
It's also no secret that any Berlin resident fully appreciates the easy access to the rest of Germany either, effortlessly utilising the U-Bahn and S-Bahn to reach any nationwide destination and with the Tegel airport only 20 minutes away well, the world and its endless international destinations are practically a short walk away too. Okay, so we know the location is ideal, let's look at what you actually get for your money.
Aside from the exclusive villas, embassies and consulates that are abundant in the area, the environmentally friendly, refurbished Hubertusalleefinal is also widely familiar to Berliners and is recognised by some as a modern, structurally sound and well maintained landmark.
Particularly true of Berlin is the fact that city apartments are proved to be the most appealing properties on the German market place and so if this sounds right for you, why not contact David Stanley Redfern today for a query quashing and obligation-free chat. With so many specifications and services available, it's only on your best interests to investigate the full extent of what's on offer, right?
Find out more about German investment property.
Receive DSR News by E-mail
Overseas Property Gives Highest Investment Returns
Of course that's not to say that they're becoming obsolete but, the number of shrewd and more assertive investment makers looking abroad into foreign investment opportunities is undeniably and understandably on the increase. Long standing and reputable overseas property investment specialists David Stanley Redfern recently won an award for their Finland based Aurora Sky property which serves as an ideal example of an emerging market with assurance of an higher than average return. Now, you might well ask just what negative aspects these opportunities hold, surely they can't be infallible, can they?
David Stanley Redfern himself explains the drawbacks involved. "With a government guarantee of financial return in an emerging market, you really can't lose. However, the key phrase to remember is 'emerging market' because once a market becomes established and is righteously recognised as being the beauty spot it's always been, then the available opportunities not only rapidly decrease but come at an ever rising and alarmingly escalating cost.
This is great of course for any active investor who can sit back and watch the profit margin soar, but those still looking to invest their money will surely regret any indecision on their part. We advise all our satisfied customers, both those who buy through us or just the potential investors who contact us for our obligation-free advice, research carefully and thoroughly and you can't go far wrong when investing in any emerging property investment opportunity".
So, if you're looking to get the best from your hard earned savings, it's surely worth enquiring into the overseas property investment market and the incomparable worldwide opportunities it offers. Contact award winning specialist David Stanley Redfern today.
Find out more about
property overseas.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com.
Government Guaranteed Investment Returns in Emerging Markets
Overseas property investment specialists David Stanley Redfern are reputable and award winning agents who hold customer care at the forefront of their complete and obligation-free service. Commenting, their Managing Director David Stanley Redfern outlined the benefits awaiting investors buying into the current overseas property market, especially those unrealised markets on the threshold of recognition.
"There's no denying the worldwide respect that Kiev has earned for itself since the collapse of the Soviet Union. When less informed investors bought into the city back then, they couldn't have possibly foreseen the remarkable development Kiev has made since, along with any investments made in its strengthened and stable economy and property market.
These days, numerous analysis tools and reports enable us to initially identify investment potential whilst our knowledge and experience allows us to successfully predict the outcome of a region and its value in the market place, but there are other simple tell tale signs of guidance and assurance. A new element being attached to overseas property these days is government guaranteed returns that offer a little peace of mind for investors".
These government guaranteed returns are certainly on the increase and understandably attracting attention amidst the market place. They're ideal for investment holiday home buyers looking for a tenant for their rental properties abroad. With all the hassle taken out of the search, the arrangements and of course the worry of reliability, it leaves any investor free to sit back and reap their rewards or set their keen sight on their next property. Anyone interested in making an investment with an attached government guaranteed return, could do worse than to contact David Stanley Redfern.
Find out more about overseas investment property.
Europe Set for Foreign Investment Boost
Now, it seems the latest location set for a massive boost is closer to home than most might suspect, certainly closer than some of the more exotic, further afield locations. Europe still holds a few gems within its borders that are about to become impossibly accessible with the launch of Eurostar's environmentally friendly St Pancras International service, which is already enticing UK buyers to permanently move abroad and to make their first home overseas. It admittedly sounds incredible but when you consider the logistics, it's not so strange after all. The incentives of guaranteed financial returns and a healthier and more accommodating environment are understandable; it's the ability to commute internationally that initially leaves one a little bewildered.
Commuting to London from places like Paris in just over 2 hours is achievable, the same time spent behind the wheel in the commonplace rat-race drive to work. Technological advances are another accommodating aspect too, with mobile and remote devices ranging from phones, laptops and PDAs bringing the office to the worker wherever they might be and often outside office opening hours. Perhaps with 'proof in the pudding' as it were, now might be the right time to buy into foreign markets, particularly those within Europe's boundaries before the prices of available property begin to reflect the rising demand and soars beyond reach. Contact overseas property investment specialists David Stanley Redfern today for an obligation free chat about the various options available to today's potential investor in what is beginning to look like the future.
Find out more about property abroad.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com.
Overseas Property Makes Savings Accounts a Thing of the Past?
Reputable and long standing specialist David Stanley Redfern himself goes a little further to explain the reasons behind the inclination of buyers in today's market. "A combination of factors can be held accountable for the current boom in overseas investment, but I feel the main reason is common sense. Yes there are the banking scares and the instability recently highlighted by Northern Rock. Yes British weather is noticeably worsening year by year. But ultimately, common sense dictates that when the available returns vastly outweigh any offered by UK savings accounts, the assertive saver will spend their money accordingly and invest abroad and take advantage of often government guaranteed returns such as those on offer in Finland".
But it doesn't end there. Surely the overseas allure of sun, sea and sand can't be powerful enough to attract international commuters can it? Opposed to the everyday stressful rat-race that Britons face, it's hardly surprising to find that 43% want out; the question of course is how? Is it really possible to commute to and from work, from one country to the next? Well, not only is it possible but its becoming increasingly popular and even set to increase further with Eurostars November 2008 launching of their high speed rail service from St Pancras International.
The fact that a journey to London from Cheshire takes around the same time as travelling from Portugal to London enticed recent Portugal resident Jo Wheeler into the overseas property market. She clearly illustrates just how much of a positive impact the decision to move from Cheshire to Portugal has had on the lives of her and her family. "We are now international people and our children have far more physical freedom and fun in the environment than at home."
With unrivalled return opportunities to be taken with an overseas investment and the ever widening audience its attracting, with holiday/investment home makers, international commuters and the incredible affordability in emerging markets, it's estimated that 1 in 3 financial advisors will be dealing with overseas property related enquiries by 2010. So, are savings accounts becoming a thing of the past, after all, its evidently possible, isn't it?
Find out more about overseas property investment
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com.
Top Property Investment Opportunities are Overseas
'Northern Rock has agreed new guarantee arrangements with the Bank of England and H.M Treasury, which brings enhanced protection for all our customers during the current instability in the financial markets. This protects all retail savings in all accounts, regardless of the amount deposited and applies to all existing and new products. You can be sure that all retail savings - for both existing and new customers - remain guaranteed, safe and secure. Everyone at Northern Rock continues to work hard to ensure our customers enjoy a high standard of service and we thank you for your confidence in us.
All very well indeed but the 'collateral' damage caused by the recent unfortunate events in the market place have had their impact and left their mark. Martin Lewis AKA Money Saving Expert is a widely revered financial analyst whose online forum recently attracted, along with its current 2 million subscribers, the attention of the House of Commons which raised a specific motion supporting the site. Martin Lewis has been known to advise and to warn people who are all too readily trusting of the banking institution. He states that if you trust your bank, you end up getting its 'best product' rather than the market's best. Banks and, surprisingly, many building societies too are sales based institutions, with target driven staff, and most of the population sadly still miss out on that fact; and make abysmal financial decisions based on it.
All this speculation and scrutiny leads us to the question of just where the best place to invest your hard earned money might be. Owing to affordability, cheap flights, rising equity, available cash reserves and increased political stability overseas, one increasingly popular solution lies in the overseas property investment market and looking at the attractive and often government guaranteed returns, it's perhaps no surprise that more and more people are investing abroad. Savills' Second Homes Abroad report states that the prospects of future capital growth, particularly in emerging markets are a significant incentive. At least half of Britons buy properties in Spain or France but emerging markets such as Bulgaria and Croatia are steadily increasing at a rate equal to their value, which can command an extraordinary premium of up to 37%.
You can discover such investment opportunities at reputable and award winning overseas property investment specialist David Stanley Redfern.
Find out more about top overseas properties
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com.
Older Posts
- Overseas Property Investment: Safest Pension Plan Available
- Crimea Property is Set to Explode -- Invest Before it Does
- Crimean Ukraine Presents Top Investment Opportunities
- Cambodia Offers Fesh investment Opportunities
- David Stanley Redfern Opens Malaysia Investment Property
- Dominican Republic, A Focal Point for Overseas Investment
- Puerto Plata Property, Dominican Republic
- Brazil Investment Resort Set for Massive Expansion
- Invest in One of Canada's Finest Resorts
- Overseas Property Investment Boom for Cambodia
- David Stanley Redfern Unveils Fresh German Property
- David Stanley Redfern Secures Exclusive Caribbean Property
- Canary Island Ad Campaign Stirs Fresh Foreign Investment
- Affordable Overseas Investment Property Launched
- Tiresome BST Opens Overseas Property Boom
- David Stanley Redfern Showcases Italy
- Goa Investment Property Under £12K
- David Stanley Redfern's Award Winning Property Finland
- Exceptional Investment Property in Goa
- Invest in Ukraine Now: The Gap is Closing
- DSR Celebrates Italy's Property Investment Market
- Ukraine Shines in European Property Investment Market
- Czech Out the Number one Property Investment
- Unbeatable Barbados Investment Opportunities
- 31500 Euros for Land in Estonia
- Tunnel Morocco to Spain, Prices Never this Low Again
- Carribean Cabarete is Hard to Beat
- Overseas Investment Specialist Showcases Germany
- Wait and See Weissensee
- Get Hurling to Berlin
- Buying to Win Buy into Berlin
- Hallelujah We're Bringing Green Valley to Ya
- Do Buy into Dubai
- Go Green and Discover Cape Verde
- Invest in the Best as DSR Presents Cape Verde
- Ten Million Canaries Fans Can't Be Wrong
- Thank Goodness for Goa
- Overseas Investment Properties Ready to Goa
- Goa Dream Destination
- Get up and Goa Escape to Cape Corinth
- You Simply Must Cross the Finnish Line
- Luxury in Finland Leaves Money in your Pocket
- Finland's Levi: World's Hottest Cold Investment Property
- Finland is a Fun Land for Sure
- Ukraine Ahead in the Property Investment Game
- Ukraine and Back Again and Again
- Use Your Brain -- Invest in Ukraine
- Italy
- Height of Italian Hedonism
- Show me the Way to San Pietro
- Bag Yourself a Bargain in Bevagna
- Buy Into Tuscany's Charm While Prices are Low
Other Hot Property Sites:
- Montenegro Property blog
- Emigration Now: Blog on Property Around the World
- Cambodia Property Blog
- A Blog on Philippines Property
- Property in Thailand Blog
- A Blog on the Booming Argentine Property Market
- A Panama Property Blog
- Albania Property Blog
- Canadian Property Blog
- A Blog on Italian Property
- Malaysia Property Blog
- Property in Germany blog
- David Stanley Redfern Homepage
- Ukrainian Property Blog
- Czech Republic Blogger
- Caribbean Property Blog
- Brazillian Blog
- Goan Property Blog
- Canary Island Property Blog
- Property in Finland
- Barbados Blog
- Cape Verde Blog
- Estonia Blogger
- A blog on Property in Morocco
Usefull Resources
- DSR Asset Management Ltd Press Room
- Read DSR Asset Management Ltd latest news/press releases - DSR Asset Management Ltd is the only company dedicated to supporting investors in the worlds emerging and established property markets. We understand how difficult it can be to invest in the overseas property markets
