Malaysia Scraps Property Capital Gains Tax (Reuters)
● Malaysia to scrap the real property gains tax (RPGT) on April 1 follows Government’s December decision to remove the cap on the number of houses foreigners can buy and allow borrowing from local banks.
● Move to mimic Singapore’s abolishion of tax on profits from the sale of property and whose economy has outpaced Malaysia’s for 21 of the past 30 years. Continue reading ‘Overseas property investment news’

5% discount offer on first 25 apartments sold

Leading Bulgarian real estate agent, Bulgarian Dreams is pleased to announce the launch the third phase of the exclusive Windows To Paradise development located in the popular and emerging area of Balchik.

Windows to Paradise hillside location offers a select collection of studios, one and two bedroom apartments and penthouses with the majority of the properties boasting incredible sea views. Set within landscaped botanical gardens, the facilities at the scheme include several outdoor swimming pools, full spa centre with indoor pool, steam bath, sauna, Jacuzzi and children’s pool as well as a wine cellar, restaurant and fully licensed bar, shops and a supermarket. Continue reading ‘Windows to Paradise Phase III launched by Bulgarian Dreams’

Ponta Bicuda goes head to head with the Sambala Resort

In this our very first new development head to head. We have chosen two developments on the Island of Santiago in the Cape Verde Islands.

To get an idea of the landscape on the Island of Santiago, please click here for a satellite view. Continue reading ‘Ponta Bicuda vs Sambala Development Resort’

This week’s Overseas Property podcast takes a look buying a retirement property overseas. The decision to retire overseas is a growing trend and with a nation of baby boomers coming up to retirement, the number of individuals and couple’s retiring abroad is on the increase, creating a whole new overseas property market sector with specific property demands. Adam Samuel is joined in podcast 24 by Chris Simmons of Saga and Dominic Whiting of Retirement Property Guide to discuss retirement property abroad and what buyers should consider when looking at purchasing property overseas. People’s perceptions of retiring have changed and with so many different types of property dedicated to the needs of retirees both at home and abroad, how do you go about making a decision? Continue reading ‘Retirement Property Overseas Podcast with Dominic Whiting and Chris Simmons’

The Royal Breeze is a pre-launch property development in Al Hamrah Village, a luxury ocean and golf retreat in Ras Al Khaimah. The strategy for tourism has been to pitch this emirate as a quiet and relaxing vacation spot to up-market tourists deciding to holiday in the Emirates but who seek a fortnight-long holiday that goes beyond just the sun, sand and the sea. RAK as it’s affectionately known is now rapidly attracting investment with the launch of several ambitious real estate mega-projects designed to develop its tourism capability.

The second emirate after Dubai to permit foreign ownership and the first to pass a freehold ownership law, back in November 2005, HH Sheikh Saud Bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah issued a decree allowing foreigners to own Continue reading ‘The Royal Breeze apartments in Ras Al Khaimah UAE’

 Online real estate is becoming more valuable. As websites increase their value year on year, having an old established website is rather like having an established shop on a high street. The longer you have been there the more people will know about you and trust that you have a good sustainable business.

A Place in the Sun Live, an exhibition dedicated to overseas property, debuted at London’s custom built exhibition centre ExCel back in April 2005, supported by magazine spin-off A Place in the Sun Magazine, Channel 4 broadcaster of the hit TV brand A Place in the Sun and popular presenter Amanda Lamb. The Association of Event Organisers (AEO) recently ranked A Place in the Sun Live among the UK’s Top 40 consumer exhibitions and remains the UK’s biggest and best-attended overseas property show. To Win Free tickets to A Place in the Sun Live Continue reading ‘A Place in the Sun Live, Win Free Tickets’

Despite its French heritage, it is surprising that only 4% of Brits know that Corsica actually lies off the coast of Italy. Truly a mountain in the sea, Corsica is 5,500 square miles is an island gem offering over 600 miles of coastline whilst Monte Cinto rises some 9,000 feet as the Mediterreans highest and third largest island with deep gorges, snow-capped peaks and lofty pine forests.

Residence Vanina Park is aimed at the growing student population of Corsica. It is rare that student housing developments come on to the market in Corsica so this is a leaseback investment scheme well deserving of a showcase on Nubricks. A much needed student residence development in the heart of Corte, the ancient heartland and geographical capital of Corsica, Vanina Park has been a long awaited apartment project by Corsican students wanting modern student accomodation.

Situated in the middle of the mountains, Corte is a thriving centre which embodies the soul of Corsica. The charming old town is a maze of narrow streets and is home to the University of Corsica, named after Pascal Paoli, was founded in 1756. A classic university town, its four research centres enjoy a prestigious reputation. Since 2000, the student population of Corsica has grown to over 4,000 students comprising nearly half the islands total population. As well as a third campus for 2015, Corte anticipates a new arts centre and state of the art library will further improve its facilities.

Residence Vanina Park is a leaseback student property in France. Private student accommodation is spread over 6 floors in 4 buildings with a spacious central patio designed as a pleasant outdoor meeting space. The residence enjoys a strategic location close to Corte centre with all its amenities and a short distance from the main University campus and research centres.

Apart from a desirable location, these contemporary student apartments offer an appealing, secure base for students and professionals interning or studying at the University. The studios, one and two bedroom apartments have been built to a good specification to include hot and cold air-conditioning and carefully crafted to offer modern interiors with comfortable furnishings. Most apartments offer private terraces and students living at Vanania Residence will enjoy access to a breakfast room, sports hall, automatic laundry facilities and reception office. Entry to Vanina Park is restricted with security badge access only.

Residence Vanina Park is a great investment product set to enjoy a strong yield. Limited supply and a growing student population should ensure that Vanina Park apartments remain in high demand and satisfies the need for modern day student accommodation in Corisca which should hold its value. During a minimum commercial lease of 11 years, investors will earn just under a 5.7% rental yield. A specialist in the management of student residence, the administration of Vanina Park will be overseen by a company renowed in France and which today manages 34 residences.

The opportunity to buy student leaseback property for sale in Corsica doesn’t come along often and Vanina Park should prove to be an exceptional property investment. Prices for studios start at 64,000€ with 50sqm two bedroom properties selling at 173,000€. To request more details on investing in a student apartment at Vanina Park click here.