Why Invest in Egypt Property?
The benefit of buying specifically for investment purposes is the removal of emotion from your purchase while property is used purely as an investment vehicle. Egypt offers many possibilities in the form of re-assignable off-plan contract options to sell at a substantial profit prior to completion, or "buy-to-let" situations to generate reliable rental income and eventually substantial capital appreciation.
- Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
- Increased inward investment, creating a rich investment climate.
The secret to a successful purchase of property abroad lies in finding the right property in the best location and snapping it up at the lowest price possible, before it becomes common knowledge. It is clear that wisely selected overseas property can offer some very secure and lucrative opportunities.
Whether your dream property abroad is a holiday apartment, town house, luxury villa or a plot of land, we are dedicated to helping you on your way, with independent advice and tailor-made investment plans for the purchase of your property abroad.
Why Invest in Morocco Property?
There are good reasons for investing in property rather than the Stock Market. Here you can read about the advantages of investing in a stable country like Morocco.
No investment today offers the stability and simplicity coupled with the excellent return offered by investing in property. The stock market can offer high returns but it is a very volatile and dangerous place. This is especially true for the non-professional as there are many external factors that can effect your financial investment. In recent years major stock markets have generally been under-performing and property investment now stands heads and shoulders above other forms of investment.
Property is now the wise investor’s weapon of choice. No other investment allows you to purchase with other peoples’ money (the bank) and then pay this back with other peoples’ money (the rental income from tenants). If you own property you can release equity against this, although there is no law that states that your property will increase in value year on year, it is accepted that a well maintained property in a reasonable area will appreciate in value.
- 50% of individuals mentioned on “The Times Rich List” made their money through investing in property.
- A property worth just €4,000 30 years ago would be today worth around €225,000.
- Equities or Stocks can be volatile, as with the .com crash. Property however is historically stable.
Buying specifically for investment allows you to remove the emotion you’re your purchase and look at the property as an investment vehicle. This might mean utilizing a re-assignable contract option and selling at a substantial profit prior to completion or taking the buy-to-let situation and generating a reliable rental income as well as substantial capital appreciation.
Why Invest In property in Morocco?
Morocco is a currently a unique location for property investors and offers the opportunity to purchase property early in an emerging market at prices very favourable to most other destinations.
What is unique about the property market in Morocco is the sense of security for investors: with tourism already improving at a fast rate and buy-to-let investors reporting 85% occupancy rates during the high season, Morocco offers a safe arena in which to purchase property.
The Moroccan King Mohammed VI and the UAE have allocated huge investment to drastically increasing tourism further, with a goal of 10 million per year by 2010. This investment along with the creation of several tax advantages also helps investors to feel comfortable in investing in property in Morocco.
- Huge project (Vision 2010) to increase tourism backed by King Mohammed and the UAE. The aims are to improve infrastructure and increase tourism by 10m visitors per year.
- Increased tourism generated by the Vision 2010 project will create huge requirement for rental accommodation.
- New roads, marinas, trains, 5 star resorts, shopping malls, beach clubs to be developed through Vision 2010 project.
- Morocco is a free market economy and allows free movement of money.
- Easily accessible (Tangiers) via helicopter, ferry, fast train or regular budget flights.
- “Open Skies” policy activated on 1st Jan 2006 will allow low cost airlines to service Morocco and create competition, which will lower fares.
Property purchase offers far greater returns today than most stock market investments and never before has international property been as popular as a highly lucrative opportunity to create wealth.
Worldwide property investors are now turning their attention to Brazil as it fast becomes a leader in the field of emerging markets. Returns on investment are considered to be excellent and investors are increasingly aware of the high growth potential that Brazil offers as a stable though fresh, new investment market.
- Property capital appreciation of 20% per annum in some locations.
- Favourable currency exchange rates, making property transactions cheap for foreign investors.
- President Lula’s progressive policies, bringing many improvements to Brazil, including a decrease in inflation to an all-time low at 5.7%.
- Active encouragement and incentives for foreign investment - you can own 100% of land and property.
- Cost of living only 20% of that in the UK/Europe and property maintenance costs extremely low.
- Some of the lowest property prices in the world.
- Increase of thriving manufacturing industries relocated to Brazil and boosting the economy.
- Expected self sufficiency in oil reserves within the next year.
- Some economists believe Brazil is amongst the leaders of the future, along with Russia, India and China.
- Year-round sunshine, with average summer temperatures of 21°C.
- Great natural beauty with fantastic scenery and 7,000km of beaches.
- Friendly nature of the Brazilian people.
- Vibrant cities with carnivals and music.
- Low international risk ofwar, terrorism or SARS in Brazil.
- Easy access via direct flights from many international airports.
Property purchase specifically as an investment vehicle is a popular option amongst those aiming to capitalize on the excellent growth potential of property in Brazil. This type of investment can consist of an off-plan purchase for sale prior to project completion. Alternatively, a buy-to-let situation can provide reliable rental income from the property, along with substantial capital appreciation.
According to independent investment experts, including many articles in international investment press, Brazil is now widely considered to be a highly profitable market. The economic climate and tourist infrastructure are currently undergoing major upheaval, while the country’s economic strategy has caused much growth in the past 3 years. While Brazil remains on a steady growth curve, investors are urged to catch this promising market from the very start, while prices remain low and high returns on investment are inevitable in current hotspot locations.
Brazil has excellent direct flight communications with the UK and the rest of Europe, making it a convenient holiday destination. This accessibility increases potential investment yields and reinforces the promising future of Brazil. A low cost of living at only 20% of that in the UK, great quality of life, a fantastic climate, Tropical beaches and a rich and vibrant culture are all valuable contributing factors to Brazil's success.
The time for buying bargain property in Italy is definitely not over. The Italian property market remains an exciting market to invest in.
With a highly active tourist market, Italy makes an attractive investment to the property buyer. Due to its central position, Italy is easily accessible from most European capitals.
Not only are there large areas of “undiscovered Italy”, but also many knowledgeable investors are predicting that if you buy property in Italy now, you will be buying ahead of a surge of investors that will be heading to Italy in the near future.
Low cost airlines have opened routes to many of Italy’s regional airports; this is having a knock on effect on property prices in these areas, especially as there are many destinations in the hitherto less popular places.
Many of the new areas that are finding their way onto the property market are on the islands of Sicily and Sardinia where property prices are about 25% cheaper than on the mainland. The regions of Puglia, Le Marche and Abruzzo are also up and coming investment regions. In these areas bargains ranging from as little as £20,000.00 can still be found.
The government has introduced new finance laws relating to the buying and selling of residential property between private individuals. Now the buyer declares the actual purchase price in the deed of sale but only pays tax on the difference of this re-valued rateable value. This helps to make the market more transparent and helps buyers not to become unwittingly involved in money laundering transactions.
For those who are interested in the buy-to-let market, the high tourist numbers coming to Italy are encouraging. Increasingly tourists are becoming interested not only in visiting the large cities, but in rural tourism as well. This bodes well for those who invest in converting old Italian houses into fabulous modern residences. There are government grants available for those undertaking renovation projects in rural areas.
The low cost airline revolution has also changed the way holidays are booked and holidaymakers tend to book over the internet. This has increased the demand for self-catering properties in these areas.
Foreign tourists are not the only market in Italy. Italians take great pleasure in enjoying their own country and make a point of travelling around it, therefore creating a strong internal market.
Investing in the north and around the lakes can double your rental prospects as you can benefit not only from the summer season but also from winter ski holidays. However remember property prices become more favourable the further south you go.
Italy is reforming its tax legislation. There is no wealth or capital gains tax. If you take out residency it is possible to cut your property costs considerably.
- Italy is a primary tourist destination.
- There is strong rental potential from both the tourist market and a strong internal market.
- Low cost airlines have put Italy at the centre of their growth.
- The property market is rising steadily up to 20% in “undiscovered” areas.
- There are still “bargains” to be had in some areas.
- There is no wealth or capital gains tax to be paid in Italy.
- Rural tourism is becoming a strong tourist market and there are grants for property renovation in rural areas.
The Property Overseas Group have identified and showcase specific projects we believe offer exceptional investment opportunity.
Property is cheap in absolute and relative terms. For example at this moment, an average villa will cost around $1,000 per square metre in comparison to London Docklands where it would cost $5,000 per square metre. There are very few modern cities in the world where high-standard property is priced so low.
Foreign OwnershipDubai is in the process of creating an international property market from scratch, with foreign ownership of freehold only introduced last year. Thus buyers are given an exceptionally good deal to encourage them to be pioneers.
Shortage of supplyThe Dubai Government is working hard to prevent a shortage of supply and is giving land to developers as an incentive. What looks like massive supply today in Dubai may be nothing compared with demand in a few years time. Dubai is after all growing its GDP by 7-8% a year and shows no sign of slowing down, quite the contrary.
Rising Building CostsA fundamental influence on property prices are rising building costs. The low US dollar is pushing up the cost of materials from Europe which is pushing energy prices to its peak.
Tax Free IncomeDubai is a city where a lot of people earn high tax-free salaries and are in a position to support higher house prices. This is a city with a 20-year track record of strong economic growth and will continue to attract foreign and regional inward investment.
International Business CentreLong recognised as the leading regional trading hub of the Middle East, Dubai has now become an international business and re-export centre.
The country has developed rapidly over the past 10 years and has transformed itself from an oil dependent regional entrepot into a highly diversified international business centre of global significance, which offers opportunities for UK business people in all sectors. At present, over 500 UK companies have been set up in Dubai.
TourismOver 3.4 million tourists visited Dubai in 2001 and this figure is expected to grow to in excess of 6.0 million by 2010. Dubai is going from strength to strength.
Whether your dream property abroad is a holiday apartment, town house, luxury villa or a plot of land, we are dedicated to helping you on your way, with independent advice and tailor-made investment plans for the purchase of your property abroad.The Property Overseas Group have identified and showcase specific projects we believe offer exceptional investment opportunity.
- Turkey has a huge population of 70+ million. This creates a strong internal property market meaning investors are not reliant on international investors for resale.