Showing posts with label Real Estate Articles Property. Show all posts
Showing posts with label Real Estate Articles Property. Show all posts

Tuesday, April 1, 2008

Peak performance for property in the French Alps

As the 2007/2008 ski season enters the final few weeks of the winter, the alpine property market continues to show positive results in popular mountain resorts. The French Alps have long held great appeal for those seeking to buy ski property and it appears that the British love of the great outdoors has continued to push prices upwards despite a sluggish property market at home.

Recently released reports show that property prices in the ski resorts of Haute-Savoie increased by over 13% for re-sale apartments in 2007, with some mountain destinations showing price growth of over 20% year-on-year. According to figures released by the estate agency association FNAIM, the average price per square metre in the northern French Alps has almost doubled since 2002, and now sits at 4,844 euros.

Property in the French Alps is amongst some of the most sought-after and therefore the priciest locations in France and much of the growth in the past 10 years has been influenced by British buyers. The British now account for over 18% of the property sales in this part of the Alps; 10 years ago their market share was 2%. Property for sale in resorts such as Chamonix, Morzine, Les Gets, Megeve and Samoens is still highly desirable and a distinct lack of land to build on ensures that demand for the French Alps continues to outstrip supply.

Buyers are increasingly choosing the northern French Alps because of the fantastic flexibility a property in this part of France can offer. The region is home to some of the largest ski and winter sports domains in the world, yet less than 50% of annual visitors to the Alps actually come here to ski. The summer seasons can be equally as popular as the winter; with breath-taking scenery, a multitude of outdoor pursuits to enjoy and a hot if sometimes unpredictable summer climate. As a result a property in the French Alps can cater for family holidays throughout the entire year. In addition to enjoying winter and summer holidays in the area, owning a property in the Alps offers great scope for seasonal rentals; enabling owners to really capitalise on their investment and recover many of the costs of their second home. Proximity to a major international airport at Geneva is another strong plus point; low-cost and scheduled flights arrive from the UK throughout the entire year and most resorts in the Haute-Savoie region of the French Alps can be reached within 1 hour of the airport.

The future of any mountain destination really hinges on its ability to anticipate and adapt to client needs. Property hunters in today’s market are buying into a lifestyle product; they want to buy a ski property in a resort that has retained its alpine charm, that offers access to good and reliable skiing but also has plenty to enjoy in the summer, with lots of character and a distinctly old alpine French feel. The property needs to be a spacious and comfortable mountain retreat where the whole family can enjoy relaxing short breaks and longer stays. The northern French Alps and in particular the Haute-Savoie region are well matched to buyers’ requirements and this winning formula is reflected in the impressive price increases experienced by many of the mountain destinations in 2007; the price per m² in Flaine/les Carroz has leapt up by 23% in the past year, La Clusaz by 22% and across the Evasion Mont Blanc ski domain by 22%.

With such high demand for ski property for sale it is no surprise that one property sale in four in Haute-Savoie is in a mountain destination. The highest concentrations of British buyers across the northern French Alps are in the Grand Massif, the Portes de Soleil, the Mont Blanc region and the Three Valleys ski domains. In these areas property in Chamonix and Megeve has always held a huge draw for British buyers and the resorts of Morzine, Les Gets and Samoens have all developed and grown massively over the past 8 years. These destinations are well placed to offer the quality and size of property that British buyers are seeking, combined with the allure of a year-round and attractive holiday destination.

Developers of new build property in the Alps have increasingly listened to buyers’ requirements and are now focussing on providing more spacious properties with multiple bathrooms. 74% of all apartments sold in the resale market are studios and 1-beds. In new build apartments the most popular purchases are 1 and 2-bed apartments accounting for 72% of sales. The popularity of the larger properties in the new build arena is indicative of changing consumer needs and property designs have adapted accordingly.

The repercussions of the 2007 US sub prime credit crisis and its subsequent impact on the UK housing market has tightened many buyer’s budgets and consequently the alpine property market has recorded a slower pace during the first quarter of 2008. This coupled with the recent fall in the sterling-euro exchange rate has caused buyers to think hard about what they can afford to invest in their alpine property. In recent years ski property for sale in the popular resorts was so scarce buyers had to move quickly and with little or no negotiation in order to secure their property. In today’s market prices are more negotiable, although resort centres are still recording a fast sales turnover and buyers do need to move quickly when they find the right property.

Many of the vendors in the French Alps are British and planning to convert their euros back into sterling once their property has sold. The current euro-sterling exchange rate weighs heavily in their favour and as a result they can afford to be flexible when it comes to negotiation on the asking price of their property. The outcome is that both buyers and vendors are able to achieve a purchase price that they feel is fair and vendors are still able to cash in the benefits of a very healthy capital growth on their second home.

Looking forwards to the remainder of 2008 it is anticipated that property prices in the French Alps will be stable, with some continued strong growth in developing resorts such as Saint Gervais les Bains and Les Contamines. More price negotiation will take place over the coming months and vendors that plan to convert their euros back to sterling will be able to capitalise on the exchange rate, which is not anticipated to improve until the final quarter of the year. Many buyers will consider a smaller property investment initially, with plans to sell and upgrade over the next 2-5 years. Land to build on is increasingly rare and the continued limited supply of property for sale across the French Alps will help maintain a buoyant property market.

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Thursday, March 20, 2008

Property For Sale In France

Buying property anywhere in the world is a daunting task for most of us. This problem can be aggravated if the country in which you propose to buy is far from where you actually live. In such a case there are various factors which come into play. Knowledge of the local language and the prevailing legal system of the country are factors that contribute to the stress-free purchase of a property. The same can be said of property for sale in France too.

Right from finding the right property in the area of your choice to understanding the process of sale, everything needs to be smoothly dealt with to ensure that the sale of the property has been completed in a proper manner. Moreover, if you are not a resident of France it is likely that the entire process will be a new and slightly different experience for you.

In the recent past, property for sale in France has become a popular investment trend among those investing in real estate. The reasons for which people invest in France, of course vary with people. For some, it is a permanent move towards settling down in France, while for others it is a sensible option for long-term holidaying in France. A more practical reason is that house prices are cheaper in France when compared to the UK or other European countries.

Before you jump to the conclusion of buying a property in France, you have to be sure about your reasons for doing it. Your reasons could be as simple as a more relaxed lifestyle, pleasant moderate weather, healthier and tasty food or the healthcare system, which is ranked as one of the best worldwide.

Before you select a particular property, it should meet all your criteria and still appear attractive both in matters of price as well as livability standards. There are of course plenty of properties for sale in France; it is up to you to decide, what suits you the best.

While browsing through French property sales, one should keep in mind several factors. For this of course you need to make a proper assessment of the property for sale in France.

Before buying houses for sale in France remember:

# The legal process will be very different from what it is in your own country.

# Proper research has to be done on the legal issues, tax and inheritance laws.

#You have to be familiar with new words, terms and standards of measurements.

# Keep in mind the insurance policies of your home, loan, car and health so that you can calculate them in different currency standards.

The good news for those interested in French property sales, is that the property market in France in 2008, is all set with modest price rises and even an outright drop in the cost of some properties expected. Property experts have proclaimed it to be a 'Buyer’s market,’ which is good news for those interested in French property.

For more information on France Holidays, Please visit http://www.frenchentree.com/

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Invest in Land and property in Romania

There are various ways of making money and each way is better than the other. For many years people are making business with skills, property, livestock and commodities and they are making profit out of it. But all time favourite business of people is investment in land. People always can make more money from lands.

Interlink offers land for sale in Romania as well as having property in Romania , and more specifically property in Bucharest, Romania. Romanian land prices are few euros more than the Bucharest regulated land. The investment specialists have found lands in Romania which will help to take advantages of the economic transformation taking place

Interlink Romania have people on the ground sourcing the best land investment opportunities as well as property in Romania capital of Bucharest.

The potential returns for investing in land in Romania

Early adopters make the most returns, and being an early adopter in an emerging market is most likely to maximise your return on investment. Buying land in Bucharest, Romania is the best way of buying into the Romanian property development cycle at the earliest point. Land banking in Romania is a tried and tested way of making capital appreciation over the mid to long term.

With falling unemployment, inflation and interest rates, alongside rising incomes and a GDP growth that has consistently been higher than the EU average, the outlook for investment in Romania is very favourable.

Source: Eurostat / National bank of Romania

Are they any Risks to buying land or property in Romania?

Clearly, although early adopters have the potential to make the most returns, they also take the most risks. We have done an extensive amount of due diligence with regard to every part of this opportunity. Firstly, we assessed the political and social stability of the region and of Romania in general. Then we looked at the short, mid and long term economic forecasts. Then we started to look for specific opportunities in and around the capital.

Romania joined the EU in January 2007, and as such, over time our clients will benefit from economic and legal integration with EU policy and legislation. Now is the perfect time to invest in land in Romania or property in Bucharest, Romania.

However, clients looking to invest in land in Romania should receive full transparency at every stage, receiving translated copies of the key documents and specific copies of their own paperwork. They should procure the services of the right agent and lawyers who can provide authentic, translated documentation.

What about an exit from a land investment in Romania?

Making a return from your Bucharest investments is only half of it. You then need to exit the investment and liquidate your profits! Given the rapid rate of expansion of Bucharest, it has been forecast that within a few years, the suburban commuter belt will have stretched out into the surrounding rural communities, giving our clients opportunity to sell on to a developer or other investor.

Property for sale in Romania- Bucharest

As well as land for sale in Romania, the expansion of property for sale in Bucharest has resulted in excellent capital growth for investments in property in Romania. Interlink will focus on property in Bucharest as currently this market is providing the best investments for property buyers in Romania.

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Egypt: The Property Investment Market

Property in Egypt is one of the newest emerging markets for property investors who want to buying property with a strong rental return, excellent capital growth along with cheap property price tags. Investing in property in Egypt, whether for pure property investment or as a holiday property is very popular for the following reasons.

There are many good reasons to invest in property in Egypt. Egypt is a popular holiday destination with tourists. Egypt has an all year round sunny climate. Some properties in Egypt come with a guaranteed rental income on your property in Egypt. Our apartments in Egypt are all freehold properties in Egypt. Property in Egypt is currently cheap as it is an emerging property market. Investors in Egypt property can benefit from high returns from both rental yield and capital growth on Egypt property. The beaches near your property in Egypt are beautiful and clear and perfect for diving and other watersports. The government in Egypt has been very committed to increasing foreign investment in the property market as well as the tourism industry. Property prices in Egypt start from as little as £21,000.

Property for sale in Marsa Alam and property for sale in Zafarana (for example, Zafarana Beach Resort )- red sea Coast of Egypt

Reasons to invest in property in Marsa Alam, Egypt. Property Investments in Marsa Alam, Egypt are all freehold.

Marsa Alam is a beautiful and unspoilt area in Egypt with unspoilt reefs and golden sand beaches. Marsa Alam has an International airport. Marsa Alam is a great area to invest in property as there are only a few hotels and therefore you have the greatest chance for capital growth in your Egypt property . Invest in Egypt property and enjoy the fantastic diving and kite surfing. Enjoy your private beach and coral reef from your apartment in Egypt.

With record levels of tourism, it is the perfect time to buy Egypt property as this is a market that is ripe for investment. So, if you’ve been toying with the idea of looking for property for sale in Egypt , now is the time.

Interlink Property Egypt have properties for sale in Egypt. Their Egypt property market experts take considerable time and attention to sourcing the best properties in Egypt for our clients. We work closely with Egypt property developers and ensure all due diligence is performed on all the properties in Egypt we promote. Along side our market analysis and leverage ability Interlink bring their clients the best property investments in Egypt available in the market.

Interlink Egypt's goal to supply our clients with the best information about all the current property for sale in Egypt and help you decide on the right property in Egypt for you.

If you would like to request a brochure for our latest investment property in Egypt, contact Interlink Egypt for more information.

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