Honest Realestate Agent

Posts Tagged ‘travel’

The current global economy is in a less favourable condition. Those with money invested in many traditional industries and companies have seen significant losses lately, and are looking for a safer place to invest their money. A growing number of investors are considering property as a viable option, but the question is where? Review some of the quiet but strongly growing economies of the world can reveal some unlikely options for making significant profits. Philippines property investment is one of the options that many overseas investors are paying considerable attention to, as the country is seeing large, sustained growth in both its tourism industry and economic strength.

Stated as one of the 11 countries with the greatest economical potential, the country is rapidly emerging as Asia hottest investment destination where clever investors are getting in early and buying up prime property before the rest of the world catches on. As with many investments, people who act early will be the first to see what are slated to be significant returns on their investment. Although important sectors of the Philippine economy continue to be agriculture and industry, such as textiles, automobile parts, electronics and food processing, tourism has also seen a sustained growth over the past decade, with billions of US dollars of net income coming into the country for both international and domestic tourists.

While most of the traditional industrial production takes place in and around the urban centers of the country’s capital, Manila, the city of Cebu, a metropolitan hot spot, is quickly becoming an attraction for foreign and local investors looking to get involved with Philippines properties in recent dates. Consisting mainly of Cebu Island and some smaller outlying islands, Cebu is a Philippine province is known for all of the things one would think about when you say “Tropical Island.” With beautiful coastlines, and coastal plains, with crystal clear waters, pristine beaches and limestone plateaus, Cebu is also one of the more progressively developed of the Philippine islands, with casinos, five-star hotels, world-class golf courses, conference centers, and shopping malls, in addition to the magnificent environment. Therefore Cebu property is emerging as the main Philippine property investment hotspot.

As you can tell, the Philippines property investment outlook is positive, with massive potential to reap the savvy investor significant returns on the initial investment. If you still have questions about the Philippines property market, you should definitely seek the advice of a trusted overseas property investment agency.

The premier luxury Woolston Hotel which is being built in Bradford to satisfy the demand for luxury accommodation and will enable investors to benefit from the booming local economy, regeneration and good exposure that Bradford is seeing. The Woolston is set to become one of if not the best hotel in Bradford.

Why Bradford
Undergoing regenerated Bradford is now emerging as a successful destination for enterprise and business and well as leisure. A number of major businesses have already set up offices in Bradford before the regeneration even began.

Bradford is perfectly situated in the middle of England and has excellent infrastructure and communications links to the whole of the UK.

Bradford has a skilled workforce which has attracted leading companies have set up shop in the area including hallmark Cards, the Yorkshire Building Society and Morrisons to name a few.

Economy
Bradford’s economy is the 3rd biggest contributor in the regioncontributing 7Billion and is also estimated to grow at a rapid rate by creating some 50,000 new jobs over the next 10 years.

Major Events
Bradford is home to some major events which will have a very positive effect on the economy and help create further media and positive expose for the city. Some of the events are;

– Illuminate
– Bollywood Fringe
– The Bradford International Market
– Bradford Mela
– Bingley Music Live

These events helped to attract 5 million visitors and generated some sixteen million pounds over £16 million of economic activity in 2006/07, and this will have a good impact on the success of The Woolston.

Hotels
Currently Bradford has a low supply of hotels and especially the luxurious accommodation of which The Woolston Hotel will provide.

“The English Tourism website lists only 12 hotels within 3 miles of Bradford. The same search in Leeds brings up 37 hotels, while Manchester offers 63 and York over 100.”

The Woolston Hotel

As mentioned The Woolston Hotel will offer the height of luxury city centre accommodation.

The Hotel is being developed next to the stylish warehouse mill conversion, Woolston Warehouses and will be arranged over 6 floors.

Accommodation at The Woolston Hotel

The Woolston will feature 145 luxury rooms.

130 luxury double rooms with wet bar, state of the art multi-media, work station and luxurious bathroom suites.

The other 15 rooms will offer the height of luxury and are to be. penthouses which will be designed to match the art-deco style and feel offered by the Cognac bar, the penthouses will feature terracing and balconies with views of Bradford city.

The Woolston will also have 3 high spec multi-media business and meeting rooms.

THE HOTEL BAR & THE COGNAC

The Cognac Bar
This will be on the top floor, penthouse level and will be stylishly designed in an art deco interior with luxury provide superb views over the city.

The Hotel Bar
You will find a luxury bar and bistro on the ground floor.

The Woolston GYM
Located beneath the stunning Woolston Warehouse the gym will be set out over two floors and will offer state of the art fitness facilities to The Woolston Guests, Woolston Warehouse residents and a select membership.

The Woolston – Unique Spa Leisure Pool
You will find the best Spa and leisure pool out of any other hotel in Bradford with excellent Jacuzzi and Sauna facilities.

The Shearlings Restaurant
This premier restaurant will be situated on the ground floor and will offer top quality cuisine as well as the every day foods guest will require for example traditional full English breakfast options. Additionally keeping with the tradition of the building the restaurant will offer a specialist lamb menu which will use local produce and offer seasonal recipes such as braised lamb shank, Moussaka and the traditional roast rack of lamb. The Shearling Restaurant will provide an excellent facility for the hotel but will all become a dining venue in its own right.

It is easy to see The Woolston Hotel is going to be a luxurious place to stay and is positioned to become a key part of Bradford city.

An increasing number of investors are purchasing property in Grenada for many reasons, so let’s look at a few important factors. Grenada real estate currently offers excellent value for money compared to many other Caribbean islands. Grenada already has very good infrastructure and the government have excellent clear targets to generate an upmarket tourism destination that offers world-class residential and touristic resorts.

Climate
The temperature typically ranges from 24ºC to 30ºC with cooling trade winds.

Topography
Grenada island is 12 miles wide and 21 miles long. Grenada’s square miles are mountainous, volcanic terrain, reaching heights of over 2,756 feet atop Mount St. Catherine.

This topography benefits mean that Grenada has one of the most beautiful and awesome landscape environments in the Caribbean, including crater lakes as well as plenty of lush plant and fascinating animal life. Dwarf forests high atop Mount St. Catherine descend to the montane rainforests of mid altitude, which make way for the dry forests of the lowlands. Those forests merge in to mangrove at the coast, giving way to beautiful picturesque white sand beaches, warm waters and colourful coral reef formations.

The Grenada government have a number of strong planning restrictions in place to make sure the country remains a high quality destination, the government are using lessons learnt by other islands by employing careful planning restrictions to ensure future property Grenada has offers are low rise, low density but not over-supplied.

Grenada Real estate market
capital growth on property in Grenada is predicted to ri by 10% annually over the medium term.
Mainly down to the limited supply of good quality accommodation ensuring these high levels of demand for both investment and second home purchases pushing up prices and yields in this sector.

The natural beauty of Grenada including perfect white sandy beaches provide the ideal setting to relax and enjoy and the strong property value in relation to other Caribbean property markets is one of the many reasons international property investors are purchasing property in Grenada.

It is once again the season where the fast and the furious take to the circuit; wheels are hotting up and on the 5^th April they’ll be even hotter as Formula One 2009 revs up for the second race of the season at the Sepang International Circuit in Malaysia.

Thousands of Formula One followers will be flocking to Malaysia to witness the motor racing spectacle and although Sepang International is unlikely to fill the full capacity of 130,000 due to the current economic climate, there will certainly be enough visitors to have a positive impact on Malaysian tourism and associated industries including accommodation property in Malaysia.

The organisers aren’t giving up on six figure visitor numbers that easily however, they have arranged and set up supporting events to take place over the weekend including a high profile post-race concert by Jamiroquai, in order to further attract to the lucrative European market.

‘Alive with Adrenalin’ is the Sepang International Circuit motto, their forward thinking approach coupled with their three-point formula of ‘the Fun’, ‘the Experience’ and ‘the Convenience’, April promises to satisfy the avid motor enthusiasts and new spectators alike. Other events and competitions will be taking place over the weekend such as pit tours, autograph sessions and Go-kart lessons, creating an unforgettable experience.

It isn’t just the Circuit itself that is laying on entertainment for visitors, the Kuala Lumpur Grand Prix City programme will provide further fun for the fans adding to the combination of motor sports and music.

So, ‘the Fun’ and ‘the Experience’ have definitely been taken care of, leaving only ‘the Convenience’ to polish off the 11^th Malaysian Formula One experience. Sepang International Circuit, near the beach resort of Sepang and only a few miles from the award winning Kuala Lumpur International Airport, catering for up to 25 million passengers a year from across the globe. With transportation taken care of visitors also need a place to rest their heads and as Sepang is an international tourist location, accommodation options range from hotels to private rental property.

Steve Worboys, MD of UK based real estate agency Experience International, comments, “Malaysia and the Sepang District in particular has proved incredibly popular with overseas property buyers. Many see the destination purely as an affordable, idyllic long-haul holiday destination but there are also buyers investing in Malaysia property to take advantage of events such as the Malaysian Grand Prix. These events hold worldwide visitor appeal and also dramatically boost the rental property.”

The Malaysian Grand Prix roars style and excitement and for property owners it is a winning combination. To get your property on the grid call Experience International for more information on +44 (0)207 321 5858 or visit www.experience-international.com.

What other country on the planet can boast as the wealth of attractions that Egypt offers.

Some of the best attractions include:

Ancient monuments and treasures ,rich culture, low prices, sunny climate, friendly people, excellent resort locations and a wide range of tourist activities. This is why a large and growing number of people visit Egypt for holidays year on year which mean good quality Egypt property resorts have high occupancy and offer great returns for property investors.

The country offers a perfect and unique blend of ancient history and modern way of living.

Egyptian culture and history date back some seven thousand years and the country is rich in ancient treasures and antiquities which continue to lure visitors in great numbers.

As in happens one third of the ancient monuments and treasures in the world are in Egypt,

the Karnak temple in Luxor and the famous Abu Simbel temple in Aswan and of course the world the “Pyramids of Giza”, the adjoining Sphinx, the Valley of the Kings.

And of course if it is beautiful sandy beaches and sunny weather that you are after then Egypt is simply superb. The resorts along Egypt Red Sea are currently the most popular place for Egypt investment properties and especially with people interested in beach holidays and water sports.

Egypt Red Sea resorts like Sahl Hasheesh & Hurghada are now very popular tourist attractions with beautiful sandy beaches and a magical underwater world of fish and coral that comes in a variety of colours and shapes. Hurghada is the most popular up and coming resort and as such Hurghada property is also very attractive.

The Sinai desert, land of the hardy nomads whose camel trains still wander the Saharan sands, offers opportunities for exciting safaris and the exploration of old monasteries amid the arid mountains and sprawling desert.

A few of the other many tourist attractions are of course Alexandria, famous for its library which has just a while ago constructed on the same site as the original Alexandria Library, the largest library of the ancient world.

We must also add the Nile cruises between Luxor and Aswan or all the way up to Cairo. These cruses provide amazing and unique leisure journeys as taking one of these exotic and luxurious cruises is perhaps the best way to see the historic sites at the same time enjoying world-class luxury dining, comfort and leisure activities.

Brazil has numerous natural resources and because of very good agricultural climate and vast areas of rich fertile agricultural land; it is a world leader in the production and trade of a lot of important commodities such as ethanol, coffee, soybeans, oranges and sugarcane.

There are a growing number of investors seeking Brazil land for sale for both agricultural as well as tourist resorts and residential property development.

The recent sharp increase in commodity prices and the integration of China, a major buyer of commodities, into the world economy have provided a further boost to the economy of Brazil and balance of trade.

Analysing long term growth, a Goldman Sachs study predicted that Brazil will be one of the top five economies in the world by 2050 and Deutsche Bank confirmed that on the long run the demographics of Brazil favour strong economic growth because of the predicted increase in its working population.

Fabio Kanczuk, professor of economics at the Universidade de São Paulo said that;

‘Brazil will be attracting large investments from companies interested mainly in the domestic market’

And the “Times” newspaper reported that,

‘a Number of leading UK city financiers recommended Brazil as it represented very good value for investors.’

These are just some of the many positive economic indicators that are driving the Brazil property market and adding to the countries attractiveness with investors interested in good financial returns in the future.

Experts suggest that now the Northeast of Brazil is in the situation where as the tourism industry is undergoing considerable transformation in the volume and characteristics of its supply and demand and part of this change is already manifested through the development of large, modern tourism related real estate projects and resorts and a high amount of residential and commercial developments with significant international participation.

There are now many overseas companies and individuals interested in investing in the area which has lead to the government and private Brazilian companies offering regular Brazil land sale auctions.

Experience International recommends their clients base their property purchasing decisions when looking for property for sale abroad based on the following 5 key principles:

• Credibility
• Ease of Purchase
• Security
• Return on Investment
• Exit Strategy

These stringent principles should be used on every property to ensure it is priced correctly.This is even more important during the current economic climate to ensure their funds invested provides maximum returns at minimal risk. Through buying a property using these principles ensures you are buying the right property and at the right price.

Credibility
Credibility is the key to determining the current price of a property and is derived from: Location, Quality of build, Developer’s track record and other comparable projects.  By ensuring the credibility of the development gives strength and guidance on what the asking price should be.

Ease of Purchase
The purchase procedure in every country differs hugely.When reviewing the asking price of a property also ensure you are aware of all the extra costs included.operty.  These include: payment plan options, taxes, solicitors fees, notary fees, finance and mortgage costs as well as the ongoing costs once you have purchased such as maintenance and service charges. The availability of finance or mortgages should also be fully checked.

Security
As a standard procedure Experience International carry out strict due diligence on every property development that they sell, however we also advise all clients to do their own research.  Checks should include: seller has clear land title, Correct Licenses for the country, correct planning permission, Developer, banks lending criteria, valuations, comparisons against other developments and security of your deposit.

ROI
The sustainable income achieved from your property during its life time will ultimately be its future value.Purchasing real estate during the current economic climate is a real buyers market.The yield and future capital value are vital in determining the success of your investment.

Exit Strategy
A lot of the time clients do not think about an exit strategy.  The profit is always made when you buy a property not when you sell, this means purchase a property wisely. Knowledge of your exit strategy options is very important to understand such how you will sell, what market exists, how demand and supply trends are moving, your current discount to market value, long term rental market if holding along with risks, what you can do to mitigate these risks and the worst case scenario.

A Case study
Zambrone Villas in Italy is a newly completed property in Calabria development is the perfect example of a holiday home that would suit the typical British holiday maker.  

Its asking prices are from €127,500 (£113,570) which you get a 2 bed, 1 bath semi-detached villa, with terrace, garden and sea views.

Location – Zambrone is a stunning area of Calabria, situated on the coast and boasts one of the best beaches on the Costa Degli De and close to the marina and centre for restaurants, watersports and recreational activities.

Size – the total plot including internal, terrace and garden is 263.95 sqm (£430 per sqm).This is way under current market prices and comparables considering this property is located at coastal location which often carries a premium.

Quality – This completed development has been built to very high standards and is currently being offered at off plan prices.  Every unit has already been registered at the local Building Registry ensuring purchasing in this development is safe and secure.

Specifications – research properties available nearby.The Zambrone villas are a secure community with swimming pool plus all villas have fantastic sea views.

It is important to compare like for like, so be sure your comparable properties are of a similar specification in terms of the number of rooms including bedrooms, bathrooms, reception rooms, furniture included etc. 

Rental Income – When looking for a property to draw in a strong rental income many of the above points will be very important in assessing rental values.  Every factor of this purchase indicates a very strong rental potential.

If you are looking at an investment property you need to work out the potential the weekly rental rate (or monthly if targeting long term local market) and likely occupancy rate. Local rental companies are a perfect source although you cannot always be sure you are getting the full picture. The internet is now an excellent tool for assessing rental values and demand so use it well to ensure the investment stacks up and the comparables you are using for the price will also provide some rental data. So in the case of the Zambrone Villas in Italy then simply do a search for Calabria property for rent in similar locations with the same or similar features and specification.

We hope these tips help and that you find happiness and success with your overseas property purchase and investment.

The main activity in the Egypt property market is concentrated on the Red Sea coast and the major cities of Cairo and Alexandria. Great climate, superb beaches and luxury facilities ensure that the resorts are always full with tourists and the rental income from these resort properties is too lucrative for any investor to ignore.

Why Egypt’s Red Sea?
The region is most popular tourist destinations for several reasons which include:

Location & accessibility: The Red Sea is very accessible and has witnessed a massive increase in the number of affordable European charter and scheduled flights providing excellent air links to the UK and most of Europe.

Weather & Climate: Sunny warm and stable climate all year long with little seasonal fluctuation, and very little rain and all year round sunshine with average temperature ranging between 18oC and 21oC in winter, and 21°C and 27°C in the summer and the Red Sea water temperature rarely falls below 20°C

Rain fall is low and there is virtually no risk of floods, hurricanes, storms and tsunamis.

The Red Sea region also has pure and clean air, free from any pollution

Tourism:
International tourism is thriving with record numbers of tourists visiting the Red Sea and projected to rise over the next decade.

The Region is now a very popular destination and very well developed tourist destination with a quality good hotels shops restaurants and other facilities.

The Red Sea is ideal for water and other types of sports and adventure enthusiasts especially diving, snorkelling, windsurfing and other water sports.

In fact the Red Sea is one of the world’s most popular scuba diving destinations especially in Hurghada which is why Hurghada property is one of the most popular choices with water sports enthusiasts.

The Red Sea resorts are now receiving more visitors than the more traditional destinations with more tourists coming to Egypt for a beach holiday taking just a few days off to visit the historic sites.

It is easy to see why Egypt’s Red Sea coast is the one of the best places to buy property in Egypt and why Red Sea properties are so attractive.

Exceptional value for money local facilities and activities, shopping and eating out are all very reasonable priced

Strong tourist demand for rental accommodation with the market is currently returning high rental yields.

Increasing tourist demand for short term rental accommodation with the market is currently returning high rental yields and an increasing number of property investors are attracted to the region which is increasing the value of properties

Therefore the Red Sea property market is exhibiting one of the best capital returns in the region.

The beautiful Philippines islands are widely recognised as “the Pearl of the Orient Seas”.

Pearl of the Oriental Sea

The Philippines are 750 miles from Asia’s mainland and consists of 7,107 mostly unoccupied islands.

Cebu is the sunseekers tourists dream of a tropical island come true – with pristine beaches and luxury resorts with all the frills of modern living.As mentioned eariler The Philippines are located 750 miles off mainland Asia and are made up of over seven thousand beautiful islands.

A main tourist hotspot is Cebu, said to be a traveller’s dream of a tropical island come true – balmy weather, pristine beaches and luxury Cebu property resorts with all the frills of modern living.

Mactan Island

The beautiful and popular province of Cebu is where you will find Mactan Island.

The island is surrounded by beautiful waters with many mangrove forests and provides some of Asians best diving and incredibly lush golf-courses.

Its location to Cebu is behind the success of the Mactan Islands tourism and economical boom with modern shopping centres, fine-dining restaurants, lively entertainment centres; including casino, some of the best picturesque beaches and the famous, exquisite charm and hospitality, making it an world-class and extremely popular resort.

The Blue Coral Resort and Spa
Situated on the prestigious eastern side of The island called mactan, The Blue Coral Resort and Spa will provide visitor the tranquillity and beauty of a paradise island along with the ease and convenience of being located within quick and easy access to Cebu city and the main airport in Cebu which is the second largest in Philippines.

Blue Coral Resort & Spa covers offer a good range of Cebu properties and are spread out over approximately 10,000m² with private beach and a top quality range of facilities overlooking the warm turquoise waters of the crystal clear waters of the Bohol straits and Cordova Island on the close horizon.

{The southern most region of Italy that reaches right out into the Mediterranean Sea is the beautiful Calabria region}~Calabria is the southern most tip of Italy the region that stretches right down to the toe of the boot and right out into the Mediterranean Sea, property in Calabria is now growing in popularity.

Now The region is now a renown as an investment property hotspot for a number of reasons including the beautiful picturesque environments and currently low price properties.

Here are two of the new Calabri property investments  available to purchase

1.) Aeolian Point

Aeolian Point and its immediate environment have been described as – Amazing, Exclusive and Untouchable!

This stunning development is made up from of just 6 apartments which merge luxury with amazing natural beauty which blends into a unique and luxurious living experience.

From an investment perspective this property can capitalise on its unrivalled position offering exceptional opportunities to receive high rental yields and capital growth.

Location – Tropea, Calabria

One of the most picturesque and ancient towns, Calabria has been voted the top holiday destination in Europe in 2008, offering both historical and architectural delights.

Nearby are the established resorts of Scalea and Zambrone as well as the Aeolian Islands offering days of exploration mixed with the tranquil relaxation of the Mediterranean coast.

Aeolian Point Highlights

Private secure development

awesome sea view apartments

Clear views of Tropea and the Aeolian islands

World-class building specifications

Swimming Pool

Low density design

Air condition as standard

2.) Eden Villas & Apartments

A luxury and exclusive resort development, overlooking one of the most breathtaking stretches of coast in Zambrone.

Eden Villas & Apartments combines spaciousness and tranquillity along side delightful Mediterranean touches.

The properties combine luxurious designs with wrap around terraces and solariums as well as the practicalities of thermopane, double glazing and air con.

Location – Zambrone, Calabria

Zambrone is a very popular and breathtaking area of Calabria which still benefits from its 16th century features. Situated on one of the most breathtaking stretches of coast named the ‘Coast of the Gods’,

Eden Villas overlooks the crystal clear sea and sand as well as being near to the marina and beachfront which is where all the bustling and lively activity takes place including restaurants, nightlife and and seaside activities including boat hire.

Key Highlights

Awesome views overlooking Zambrone

Designed for the international clientele

Private gated community

Communal swimming pool

Each villa comes with private solarium and garden

Air conditioning including

The 2 developments are excellent examples of luxury Calabria property developments which make the most of there environments and offer not only a superb holiday home but also very attractive investments. Calabria property investment opportunities.