Overseas Property Blog

We featured this story back in 2007 when Alanya airport was supposed to open in August 2008, since then we have had 40 comments asking when it will be open. Finally we can tell you that it has opened and tickets are on sale at Borajet, which will run flights between Alanya and Istanbul. Continue reading ‘Gazipasa Alanya Airport Opens Finally’

There was a time when heading abroad meant one or two weeks of sitting around the pool, enjoying the local entertainment and culture, and relaxing with loved ones. However, these days there is another activity that is thrown into the mix for many people, and this is to get online to enjoy entertainment, get on social networking sites, send emails to friends and family, and generally surf the internet. Continue reading ‘Using your mobile internet service whilst abroad’

Initially the move of property investment money into SIPP’s was slow, but it has gathered pace and is now a very popular option amongst savvy investors looking for tax advantages.

A Self-Invested Personal Pension (SIPP) is the name given the type of UK government approved personal pension scheme, which allows individuals to make their own investment decisions from the full range of HM Revenue & Customs (HMRC) approved investments.

SIPPs are a type of Personal Pension Plan. Another subset of this type of pension is the Stakeholder Pension Plan. SIPPs, in common with personal pension schemes, are tax “wrappers”, allowing tax rebates on contributions in exchange for limits on accessibility. The HMRC rules allow for a greater range of investments to be held than Personal Pension Plans, notably equities and property. Rules for contributions, benefit withdrawal etc are the same as for other personal pension schemes.

Rental income from properties can be directed back into the SIPP and not be liable for tax and capital tax gains from selling property is also not subject to tax provided the fund are kept in the Self Invested Personal Pension.

Commercial Property
Real Estate Investment Trust (REIT)
Land

This list does not include all investment options, but covers the main property investment opportunities.

Typical investments would include:

Shopping Malls, offices, factories and shops
Portfolio of properties, without being a landlord
Land plots on large holiday resorts overseas
UK agricultural land, forestry and green investments

Searching online for a SIPP property investment is the easiest way to start your search. There are many companies with SIPP products suitable for your self invested personal pension. The internet allows you to find the best investments as well as SIPP providers.

Recent reports have disclosed the fact that in about 2000 streets in Britain, Europe, the average house value is around £1 million. You will find about 3 quarters of these so-called ‘Golden Streets’ in London. You’ll also find high concentration of such huge mansions in Richmond, Guildford and Leatherhead. As per Zoopala, a property related website, Virginia Water in Surrey is probably the only area outside London where the average value of properties is about 920,000 British pounds.   Continue reading ‘Billionaires rows in London have average home value worth £1 million’

The International property market has experienced a gloomy couple of years but it now seems that fresh optimism is spreading across the globe with an assurance that the market is back on track for growth in 2010 and beyond. Continue reading ‘Predicted Growth for International Property Market in 2010′

Where’s best to invest? Here’s our list of the best global locations where property prices dipped but are sure to bounce back.

Continue reading ‘5 Prime Locations Worldwide to Secure a Great Property’

The overall mortgage lending statistics for 2009 show a decline of 43% from £253 billion in 2008 to £143.7 billion in 2009. However, in December there was a positive uplift in lending figures.

This was propelled by an intense period of growth of year end housing completions, hence a staggering 14% increase of mortgage lending in comparison to November. This is 3% higher than December 2008 and the first time since October 2007 that the annual figures have converted into positive comparison numbers. It will be interesting to see how the re-introduction of stamp duty into the market affects the initial set of mortgage figures for 2010. Continue reading ‘Latest 2009 Property Analysis Proves Optimistic for 2010′

Recent figures from Hamptons International, a leading UK based property company show the UK market to be back on terra firma. Let us first examine the volume of sales and completions. At the end of 2009 and beginning of 2010, the market has and continues to be dominated by buyers and sellers who are keen to make a purchase. This is in contrast to the majority of investment buyers in the market during 2006/7. This change in buyer’s motivations has meant that the level of completions is up by nearly 50% year on year.  Continue reading ‘Buoyant Price and Sales Figures for UK Property Market’