Entries Tagged 'Overseas Property Market' ↓

I would like to share with you an article I read recently in Tenerife News - the leading English newspaper provider in the Canary Islands. The article outlines the benefits from investing in the property market even in these troubled times.

I will share with you the conclusion of the article but it is well worth reading the whole article, by Financial Correspondent - Blevins Franks.

In times of heightened volatility and greater uncertainty, it is even more important to maintain investment discipline. In particular, diversification ‘ across asset classes, regions, investment styles and securities ‘ maximises the chance that investors will participate when asset prices recover. It can also provide some protection should some asset classes experience further falls.

A globally diversified REIT fund offers the opportunity to obtain exposure to non-domestic markets, which can offer varied return characteristics. Real estate cycles in different markets and sectors are driven to a large extent by local factors such as gross domestic product growth, taxation policies and government initiatives. A globally diversified fund therefore provides greater stability for investors and a wider opportunity set for active managers than would be available in a single market/region.

If you have Real Estate as part of your portfolio, this is the time to maintain investment discipline; if you do not, perhaps this is the best time to take a closer look at this asset class.

Our top locations for investment properties:

• For properties in Tenerife, click here.

• For properties in Cape Verde, click here. If available, view the Due Diligence packs provided that outline estimated ROI. e.g. Our 2 bed apartment, Dunas Beach Resort, Sal, Cape Verde.

Hi everyone,

Just to keep you up to date with the latest availability for properties on Dunas Beach Resort - Sal, Cape Verde. All prices indicated have recently been heavily discounted by the developer.

• 3 bed garden apartment (Block 10) - €204,950
• 2 bed apartments (Block 7) - €209,950
• 2 bed upper penthouse (Block 7 upper floor) - €219,950
• 2 bed lower penthouse (Block 10 lower floor) - €214,950
• 2 bed garden apartment (Block - €199,95

Site plan - click to enlarge

For information on the Cape Verde Islands, view our blog entry or visit the Cape Verde’s homepage on www.dwood-property.com

Hi everyone,

Just to keep you up to date with the latest availability of properties on Tortuga Beach Resort - Sal, Cape Verde. All prices indicated have recently been heavily discounted by the developer.

• 3 bed detached villa (Type B villa) - €439,950
• 2 bed corner apartments (Type F apartment) - €199,000
• 2 bed, 2 bath apartment (Type D apartment) - €170,000
• 2 bed, 1 bath apartment (Type C apartment) - €170,000
• 2 bed, 1 bath apartment (Type E apartment) - €145,000
• 2 bed, 1 bath apartment (Type G apartment) - €145,000

Feel free to refer to the plan below by clicking on the thumbnail image for locations of each property type and please keep a note of the property type when making an enquiry.

Please click to open the full-size image.

No, there is no error in the title! The developer really is offering this to anyone wanting to buy property in Cape Verde. Take a look at their properties on offer in Creola Sands and Sabi Sands located on the beautiful island of Boa Vista.

The prices for the deposit including the Exchange Bond fee for the 1^st phases on both Creola Sands and Sabi Sands have been confirmed…

Prices for deposits are as follows:

• Studio €7,500
• 1 Bed Apartment €10,000
• 2 Bed Apartment €15,000
• 3 Bed Apartment €20,000
• Villa or Townhouse €25,000

Villa Entrance

This fantastic family villa in Tenerife is situated in Los Cordones, near San Isidro. They have nearly completed a new motorway exit before San Isidro, which will give direct access to the TF-1 motorway within just 5 minutes.

Located in a very safe and quiet neighbourhood with very friendly professional, local neighbours. The street running past the house is a no through road so there is very little traffic around.

Gardens

The plot is 1056m2, the current Escritura states 167m2 constructed area, but documentation is available from the Ayuntiamiento (council) for an amplification to add another 60m2 which will make the new Escritura constructed area 227m2. There is a Barranco at the rear of the property so there are no developments to spoil the view in the future. The villa is constructed 1 metre above ground level, so doesn’t have any damp problems.

The Tenerife property has 4 bedrooms - 3 of which have ensuite bathrooms and one guest room which has its own seperate shower room. Master bedroom has purpose built wardrobes; complete entertainment section with plasma screen TV, DVD player and CD stereo system. Dining kitchen, front terrace, rear terrace, established garden and large pool (10m x 5m) newly re-tiled last year (2007). Drive for 3-4 cars with electronic automatic gate entrance plus additional pedestrian gate entrance. Air-conditioning to 3 bedrooms and lounge.

There is an additional room (currently used as a computer room, which could be either a dining room, office/study or 5th bedroom). The separate room outside in the garden is used as an exercise room, but could easily be converted to an office or teenagers den, etc. Ample strorage space is available by the pool pump room plus a shower room and W.C. by the pool with a covered area - which could easily be converted into a granny/studio flat.

Swimming pool

The garden has various established palm trees, shrubs and other fauna with a fully automated watering system installed. The garden also has coloured lights dotted, the main pathway through the garden is lined with wall mounted lights and the pool has it’s own lights resulting in a great night time effect.

The annual rates are around 280 Euros per year. The 3 metre Satellite dish is already fitted for Sky and UK channels. There is a Securitas alarm system installed which connects to a monitoring station, for a monthly fee of around 30 euros and ADSL is also installed.

Shops, garages, commercial centres, notary office, medical centre, schools etc. are 5 minutes away in San Isidro. El Medano´s “European Blue Flag Beach” is 10 minutes away, Reina Sofia, Tenerife’s biggest international airport is just 10 minutes away (But the house is NOT on the flightpath!) and the infamous golfing resort of Golf del Sur is just 5 minutes away. Main commercial centre with all super markets are 10 minutes away at Las Chafiras. Los Cristianos and Las Americas are a comfortable 20 minutes away. Rural country areas are all around within 5-10 minutes drive and Santa Cruz - the capital city is just 35 minutes by car.

Extremely good value for money family home - perfect for any families looking to relocate to a quiet and safe area, within easy reach of all your amenities yet well away from the tourist crowd.

Lounge area

As I’m about to launch my new web site David A Wood & Associates I’d like to take this opportunity of inviting fellow realtors, estate agents and developers within the world of property the chance of listing their Luxury and Lifestyle properties with us. For further details of our offer please contact us here