A guaranteed buy-to-let opportunity not to be missed, Residence Academiades de Marseille lies at the heart of the Provence-Alpes-Cote d’Azur region’s capital city, on the French Mediterranean coast. An elegant student residence close to Marseille university campus and research institutes, Residence Academiades de Marseille offers students and/or professionals the perfect hassle free accommodation solution.

Continue reading ‘Student Residence Academiades de Marseille Leaseback Purchase’

Demand for property in Gibraltar has been high over the past few years. In Gib it is possible to get loans up to 90% LTV and there has been an increase in mortgage applications, especially with the relaxing of the relationship between Gibraltar & Spain.

Please note, that there are no non-status/self-certification mortgage facilities available in Gibraltar (although renting out your property is permitted)

Gibraltan Lenders will also take approx. 125% of the gross Rental Income of the Gibraltan property into consideration towards the cost of the mortgage purposes/repayments. Continue reading ‘Gibraltar Mortgage: How Much Can I Borrow & What Proof of Income is Required?’

Beach property in Malaysia is HOT and I’m not just talking about the weather! Buying beachfront property in Malaysia offers sun-worshippers searching for a more permanent sunspot the chance to invest in five star luxury real estate at two star prices. It may sound like a dream to most people but Malaysia offers overseas buyers wanting property in a beach resort setting a low-cost option but also entry into the rapidly growing South East Asia real estate market and also happens to have some of the best beaches in the world (something I can vouch for personally!).

Malaysia, a Luxury Beach Resort Alternative

Malaysia may not be the obvious choice when you think of dreamy tropical beachfront resorts but accounts for 40% of the country’s land mass the Malaysian penisular’s extensive coastline and sprinkling of off-shore islands offers sun-seekers 4,675km of pure white sandy shorelines with views over the South China Sea and the straits of Malacca across to Sumatra on the western coast of its peninsula. Blessed by a year round warm climate Malaysia is well on its way to becoming home to the next generation of deluxe beach resorts. With a reputation for impeccable service, friendly locals and a standard of living to rival some of Europe’s major cities, beach resorts in Malaysia are fast developing into significant tourism destinations. Continue reading ‘Malaysia Beach Property is a Bargain’

A round-up of news on overseas property investment from the property papers.

Why the smart money is on Germany’s cheap buy-to-lets
The Independent reports on growth of East Germany buy-to-let option in cities such as Dresden, Berlin and Leipzig. Reasons for investment: low property prices on the rise,  major European capital cities, Germany economy on the up, and increasing desire for property ownership by Germans from traditionally lifelong renters.

When home is away
The Telegraph highlights a new legion of BARBIES (Buy Abroad Rent in England) and considers the pros and cons of getting on an overseas property ladder to fund the first step onto the rung of the UK market. Reasons for buying abroad: soaring UK property prices with average asking price up 1.5% to £228,183, rising interest rates, a strategy to help first time buyers reap returns on small deposits in order to buy a UK home. Case Study highlights: Ski property in Canada, off-plan apartment in Cyprus and new golf development in Spain.

Day when the sunshine retirement dream dies
The downsides of retirement abroad are often forgotten in favour of pursuing the dream of a place in the sun. The Guardian investigates the implications of what a change in circumstances can mean for a retired couple abroad. Our recent retirement property podcast with Saga is also worth a listen.

Continue reading ‘Overseas Property Investment News - What the Papers Say’

UK investors buying overseas property via a company will enjoy a ‘benefit-in-kind’ tax saving as it was abolished by the UK Treasury in March’s Budget. Individuals of second homes abroad who had bought a property through a private company, were previously taxed on rental income at 8% of the value of the house perceived to be as a benefit to the individual. In some cases 40% tax payers with property worth £300,000 would pay out £9,600 per annum, in addition to corporation tax on any rental income the property generated. Continue reading ‘No need to budget for tax on property overseas’

Courtesy of Ryanair we might soon be enjoying $12 weekend shopping trips to New York. Really cheap flights to the USA, sounds too good to be true, well think again, Michael O’Leary head honcho of the Irish low-cost carrier announced in Flight International Magazine, his plans to fly to start transatlantic no-frills flights between Europe and the US in as little as four years time and for as little as a slap-up lunch! Continue reading ‘Cheap flights to the US just got cheaper’

Ski resorts in Slovakia have property with fairytale charm and a reputation for the cheapest skiing in Europe. With some of the highest mountain resorts in central Europe, rising to an altitude of 2655 meters, Eastern Slovakia’s High and Low Tatra mountains boast fantastic skiing available for four to five months of the year. Buyer attracted to cheap property prices are also lured by the Slovak Paradise park’s forests, waterfalls and lakes where many new leisure activities are opening up to be enjoyed during the beautifully mild and sunny summer months. Continue reading ‘Slovakia Ski Property: Telgart Apartments in Tatras Mountains Slovakia’s Snowiest Resort’

Investing in Morocco Property hit savvy investor’s radars many years ago. For some time, French nationals have bought up dilapidated riads in Marrakesh at knock down prices and added value by restoring them to their former glory and convert into exotic holiday rentals designed to appeal to the ever growing Marrakesh tourist market in search of authentic places to stay in Marrakesh. These riads have since experienced significant capital growth and have proved to be very lucrative investments. No longer an emerging property market, buying off plan property in Morocco took off back in 2003, today there plenty of off plan developments to choose from. This has been largely due to ambitious regeneration plans, tax free incentives and open skies agreements which demonstrate the Moroccan governments commitment to putting tourism and travel to Morocco on the map. An improved property buying process has given overseas home buyers and investors the confidence to invest in property in Morocco. Continue reading ‘Investment Property in Morocco: 6 Reasons it’s a Smart Buy’