News

27 Nov, 2007

  Regarding Super Borovets please check the following press release we received last week: http://www.standartnews.com/en/article.php?d=2007-10-09&article=6940   Glavbolgarstroy, the developer of Borovets Gardens is currently constructing the ‘Rila Highway’ that will connect the Rila Mountains with Sofia in less than 35 minutes.

26 Oct, 2007

Panama is the fastest growing Property market in the world at present. Did you know that Panama has more oil then Soudi Arabia. Watch Donald Trump talking about Panama.

http://trumpoceanclub.com/video

10 Reasons to consider these opportunities

  1. Panama is rated the #1 top place to retire in the world
  2. 2nd free trade zone in the world, Panama has the fastest growing economy in Latin America
  3. Return on investment (ROI) on the condos lofts of 70% and +
  4. Positive Cash Flow on the junior suites
  5. Condos Hotel (suites and penthouses) fully equipped
  6. $20,000 to $40,000 discount to PI Global members only!
  7. No property tax for the next 20 years
  8. 15% to 20% yearly appreciation
  9. Up to 4 weeks Free vacation annually (Nikki Beach condos)
  10. Completely Hands off investment

3 Oct, 2007

13 Jul, 2007

Germany - hottest spot for property investors
Nowhere is this more evident than in the German property sector, which has seen an influx of foreign investment in the past year. The long period of economic stagnation, especially in the east, has kept house prices low.
Some investors now see this as an opportunity. And property prices in former East German cities such as Berlin and Dresden are up to 30% lower than the rest of the country, meaning that they can often offer the best deals.
For example, apartments in Berlin can be bought for a tenth of the price of similar properties in London and are even cheaper than several eastern European capitals, says Jane Slade in the Sunday Express. “Low property prices and historically low interest rates should enable [foreign] investors to enter the market without feeling they are risking much,” she adds.
Just 40% of people own their own property in Germany, but domestic demand, and therefore prices too, are set to rise as the German government starts to liberalise the mortgage market.
Property in Germany: where to find the best deals
So, where can you find the best deals on German property? As already stated, east Germany can often provide the best buys, and the father of well-known financier Jim Mellon (see box below), who recently toured the region, points out that Berlin and Leipzig in particular have a lot to offer. 
A good starting point is  www.strproperty.co.uk the company is based in the hearth of London, it’s a 1 stop shop offering you A-Z services and do not charge you a commission on your purchase
German property hotspots

 “After reunification, people had very little savings in the east.” Wages are now beginning to rise though, so “we expect to see demand go up.”

Best investment:


Leipzig
A thriving student community of 40,000 and excellent research facilities for medicine and biology should attract more people to this city over time. In fact, a modern quarter created by the authorities, called ‘media city’, has already “created 30,000 jobs in television across the whole of Germany”.
According to Mellon, “this appears to be a strategically aware town, with a coherent and thriving centre”, where it “might well be worth investing, particularly in the centre and the very close environs of the centre, which will become more attractive as incomes rise”.


Berlin
“Areas such as Charlottenburg and Mitte, which are among the most exclusive in the city, are likely to see the biggest rises over the next five years,” says Stuart Law of property investors Assetz Management, in the Sunday Express.
Expect to pay as little as £110,000 for a two-bed apartment in Charlottenberg, but even less in the arty district of Prenzlauerberg in the former East Berlin. Here, two-bed apartments sell for as little as £70,000. Law’s UK-based company has partnerships with local agents and property developers in Germany.

13 Jul, 2007

Latest News for Bulgarian Property Investors
This month’s news update for Bulgarian property investors and those contemplating market entry is a mixture of positives and negatives which just further serves to prove what we at ShelterOffshore always preach and that is that those planning a property investment should do their own due diligence before they commit to a particular country, area or even market sector even if the world’s media is heralding a country’s emerging property market as ‘THE’ place to invest!

On the one hand there is great news on the accessibility front - Bulgarian skies are opening up to more operators and flights from more nations creating the perfect environment for tourists to come and go and rent out the buy to let investments of those who have already bought in Bulgaria.  Then on the other hand there’s the news that some of those trying to sell up and leave the market are being offered less for their properties than they paid for them off plan…

The good news out this month for Bulgarian property investors is that Bulgaria is now an official member of the European Common Aviation Area.  This means that Bulgaria’s skies will now be open to offer unrestricted access to many more airlines from many more nations which will broaden the appeal of the travel market from a tourist’s perspective, it will broaden the appeal of the market for business persons wishing to explore opportunities in Bulgaria and ultimately, for a property investor in Bulgaria, it means more potential interest in buy to lets and more demand for property in Bulgaria in general which should result in property prices continuing to grow in the most popular areas.

In addition to the signing of a very positive agreement with the members of the European Common Aviation Area Bulgaria this month saw Bulgaria Air start new flights from the Black Sea area direct to Dublin to service the growing numbers of tourists and investors wishing to travel to Bulgaria from Ireland.  Furthermore Varna airport is to welcome over 50% more flights from this month with new airlines arriving from the likes of France, Italy, Spain and even Iceland.

The final piece of positive news to report this month is that the online travel operator Opodo has placed Bulgaria top of its list of top 10 emerging travel destinations for 2007…

From a property investor’s perspective all of these factors mean more potential business for those who have rental properties, and for those hoping to resell their Bulgarian property it means there will be more potential demand for property for sale which should see assets sold quickly and for profit.

13 Jul, 2007

Morocco - the safest investment

Friday 29 June 2007
If you want your investment to remain sound, Morocco is a sturdy bet.
Major insurer and currency expert HiFX has outlined how the company’s new expanded property cover in Morocco makes overseas property investment less of a gamble.

“When is property investment a safe investment? When you can insure your property against everything from earthquake damage to a burst pipe, from dodgy tenants to accidental damage maybe?  The good news is that by using these criteria to define ‘investing safely,’ investing in property in Morocco just got more secure,” said the company.

The Playa Vista and Mirador Golf Resort is a safe investment choice. The development has two-bed apartments from just £80,400 in Tangier. Tanjah really has it all, from an exclusive beachside location, lavish apartments, superb spa, pool, sports and leisure facilities and a rental guarantees. To find out more about Morocco, check our Award winning properties in Morocco.
The exact details of the policy have yet to be published, but HiFX is expected to publish more information soon

13 Jul, 2007

Overheating Bulgaria Still Best for Overseas Property Investment

Business
Bulgaria has been named the best destination for overseas property investment, even though its tourist hotspots are showing signs of overheating, according to a new research.

UK ranks as the best for investment returns with Bulgaria second, says the quarterly investment tracker, released by British investment firm Assetz. Making up the rest of the top five are Canada, Cape Verde and Cyprus respectively.

Bulgaria maintains a strong position in the tracker with a total of 71% return on cash invested, but Assetz advised caution to investors, especially in the tourist hotspots such as Sunny Beach and Bansko where there is a severe oversupply of apartments.

Local agents are reporting a lack of demand resulting in weak rental yields being achieved and the resale market is still unproven, the company said.

However, average prices have increased from 17.3% to 22.5% annually in June 2007, possibly due to a number of âprestige' developments coming onto the market.

Assets commented that the rate of growth in many countries, such as Poland and Bulgaria, could not continue at a rate of 20 - 30%, and a reduction to a more stable and realistic rate of growth was necessary.