Wednesday, December 9, 2009

Property In India - Investment Property In India

Property In India - Investment Property In India

A look at the India Property Market and discover why more and more investors are looking to India for their next property investment. Discover what India has to offer the astute property investor.

India has never ceases to mesmerize the westerners is beckoning like never before. From a distant developing country a decade back, the Indian tiger is roaring and is now, one of the top 5 fastest growing economies in the world. The Indian success story exemplifies the need for globalization all over the world. With Information Technology having started the trend, other crucial sectors have also now started realizing their true potential, enabling an all-round development of the country. Of course, the country is home to over 1.25 billion folks - it adds another dimension to the intrigue, that is India!

What Makes India a Hot Property Investment Destination?

It's amazing to know that a country that was once a borrower throughout its history has suddenly turned into a generous donor to the war-ravaged regions, like Afghanistan and Iraq! It's not that the economic success of the country has totally wiped out poverty from India, but certainly the booming stock markets are having a positive impact on the lives of lots of Indians.

A country, as big as India, is bound to be afflicted by problems aplenty. Be it terrorism, crime, social backwardness, lack of infrastructure to sustain the burgeoning economy, India has seen it all. However, the things are looking brighter with major developed countries showering the country with positive ratings as far as foreign investment is concerned. The country is also close to signing the Indo-US nuclear deal that will provide a de facto nuclear power status to India, without even signing the NPT.

The development of the country is catching up fast, with the successive democratic governments committing themselves to the building up of infrastructure to support several development projects all across the country. The country being largely agriculture-dependent since its independence in 1947 is shedding its tag, and now, industry and the service sector have taken over. Though the government is committed to promoting agriculture, the lure of skyrocketing real estate prices is too much to resist for the poor farmers. As a result, most farmers are resorting to selling large chunks of their land to real estate developers at unimaginable prices. This practice has resulted in rising land prices throughout major Indian cities.

The overheating of the real estate sector is actually working to the advantage of investors. This is because the purchasing power of middle class Indians (which is the largest in the world) has been on the rise, and even the financial companies and institutions are lending wholehearted support to the credit system, there is no dearth of demand for prime chunks of land.

With an economist Prime Minister at the helm, and the government committed to take India into the league of developed nations within a couple of decades, the projections and predictions are indeed quite high. Latest in the series of efforts of luring real estate investments is the much touted Special Economic Zone (SEZ) policy, that has changed the course of the real estate graph dramatically in a matter of couple of years only. With tax benefits and other incentives, both commercial and industrial houses are making a beeline for SEZ pie.

Hottest Property Investment Destinations in India

Traditionally, the metropolitan towns of New Delhi, Mumbai (formerly Bombay), Chennai (formerly Madras), and Kolkata (formerly Calcutta) have been the hotspots of investment in the country. This was understandable since the country had not seen such rip-roaring success in the real estate sector prior to this time. Moreover, domestic and foreign investors were comfortable with the idea of investing in the cities with maximum connectivity within the country with well-established air, rail and road networks in and around these four metropolitan areas.

However, things have changed dramatically, with real estate investment bursting like never before in Tier II and Tier III cities. No doubt, the reason for this surge has been the overwhelming success of Indians in the service sectors, like IT and retail.

North India boasts of Chandigarh and its peripheral towns of Panchkula, Mohali, Dera Bassi, Zirakpur, and Baddi as the hottest and costliest real estate destinations in the country. Most of the luxurious flats are in the range of Rupees 1Billion-2Billion! Land for development is available only in the peripheral areas and that too at surging prices. The northern part of the country also has the National Capital Region (NCR) covering the capital New Delhi, Faridabad, Gurgaon, and Noida as major hotspots for residential, commercial, and industrial ventures.

Western India has its own success story with states of Gujarat and Maharashtra witnessing development at the rate of zeros. The cities of Mumbai, Pune, Nagpur, Ahmedabad, Surat, and Vadodara are being developed as role model cities for the entire country. These cities are historic in every sense of the term, yet the authorities are bent upon creating a marvelous blend of traditionalism and modernity where the development is equally relished along with historical charm.

If you are looking for a holiday home then property in Goa and Kerala are the best destinations. Of course, the price will be a little on the higher side, but these southern Indian states have been traditionally the hub of tourism in the country. If you are planning to invest in the Indian Silicon Valley, i.e., Bangalooru (formerly Bangalore), think again! The real estate market is out of bounds for the average investor. Only high-end investors can even think about having a property in this ultra-glam Indian city. Chennai is another option you can explore for residential and industrial property investment.

Eastern India is still learning the ropes as far as development is concerned. Barring Kolkata, most of this Indian region has largely remained bereft of too much development. However, with industrial majors, like Posco setting up their steel plant at Bhubaneswar, things are looking up in the poor state of Orissa. If you are looking to reap long-term real estate rewards, then East India is definitely a good investment opportunity.

By Les Calvert

Source: Free Articles from


Property Abroad's directory Les Calvert writes interesting and useful articles on all subjects dealing with overseas property investment and buying property in India. With over 400 company websites selling and renting property in almost every country around the world Les is well placed too ffer advice on existing and emerging property locations. Visit their flagship site for more details on property for sale in India.

Property in South Africa - Guide to Buying Property in South Africa

Property in South Africa - Guide to Buying Property in South Africa

Thinking of buying a property in South Africa? Then you need to read our useful guide to buying a property in South Africa. Complete with useful country information and links to estate agents website and an insight in to the buying process of acquiring a property in South Africa.


There are no restrictions on foreign nationals investing or buying real estate in South Africa. Indeed, for generations, foreign nationals have been very active in the real estate market in South Africa.

As will be discussed more fully later, real estate in South Africa actually is known as or termed immovable property

Investment Property in South Africa

The investment real estate market in South Africa has been profitable for foreign nationals for years. There were some tentative times directly after the end of Apartheid in that country. However, as time has marched on from the period of transition, foreign nationals have carried forth in their investment in South African real estate -- immovable property -- on many fronts.

By way of example, foreign nationals play a significant role in the ownership of real estate or immovable property in the commercial sector. Foreign nationals own everything from office buildings to hotels and resorts.

There are no restrictions on the types of real estate that a foreign national can invest in within South Africa

Residential Real Estate in South Africa - Single Family Properties

Many foreign nationals have taken to purchasing some fairly high cost properties in South Africa. These men and woman have purchased these costly residences to be used as second homes and for holiday or vacation purposes. Many people -- including a significant number of Europeans -- regularly take extended holidays in South Africa. Since the end of Apartheid, a greater number of people from across the globe are taking to spending extended holidays in South Africa. This includes an ever growing number of North Americans, Canadians and U.S. citizens alike.

The single family dwelling market is fast moving and brisk in many different areas of the country. Not only can foreign nationals be found investing in these types of residences in the more urban centers in the country, but they are making purchase of these types of property in rural areas as well. As will be discussed, many foreign nationals enjoy making an extended holiday stay in South Africa (and have done so for many years). Thus, many of these foreign nationals have been interested and continue to be interested in buying single family residences -- and at times very substantial properties -- in urban and in rural regions of the country where they can live for a portion of the year.

Residential Real Estate in South Africa - Apartments

Because of the high rate of foreign investment in all sectors of the South African economy, many foreign nationals regularly can be found purchasing apartments in the major urban centers in that country. These foreign nationals find themselves in country for more extended periods of time. These men and women find the purchase of apartments to be an economical manner in which they can provide themselves housing during their time in South Africa on business.

There has also been a brisk business in the buying of apartments in resort communities by foreign nationals. Many foreign nationals are taking a two-pronged approach to buying apartments in resort venues. First, they are using these properties for their own holiday purposes. Second, they are letting out these premises to other foreign nationals when they are not personally using the property. Many foreign nationals have found that they can make a tidy sum by renting or leasing an apartment in a resort locale during that part of the year when they are not personally in residence in the resort community apartment.

Holiday Property in South Africa

For generations, Europeans and men and women from other countries the world over have made South Africa a holiday destination. Indeed, the history of people from Europe and elsewhere around the world making long and extended holiday stays within South Africa is long and legendary. As a consequence, the market in vacation or holiday real estate in South Africa is well established.

For the foreign national interested in purchasing vacation or holiday property in South Africa, the options and opportunities in regard to such property is extensive and varied. A foreign national has the ability to purchase anything from a high priced villa in a trendy resort community to a snug and tidy apartment in a sprawling urban setting to a lovely chateau in a rural area in the country.

A number of foreign nationals have taken to investing in different holiday and resort properties. Indeed, foreign nationals have been active in the development of hotels, apartments and free standing dwellings that are leased or rented to people who have traveled to South Africa on holiday. Overall, this type of investment has proven to be very lucrative for many foreign nationals from different countries the world over.

Specific steps to buying real estate property in South Africa

In South Africa, the laws governing the buying and selling of real estate actually are called laws governing the buying and selling of immovable property or land. At the present time, there are no restrictions on a foreign national buying and owning real estate in South Africa. Indeed, foreign nationals have bought and owned real estate -- immovable property -- in South Africa for generations.

Generally speaking, the buying and selling of immovable property or real estate in South Africa is governed by decisions of the courts of that country. The one area in which statutory law does play a role when it comes to buying and selling real estate/immovable property in South Africa is in the area of the ownership of mineral rights. When it comes to mineral interests that might be underneath the surface of a particular piece of property, that interest as a general rule belongs to the "people of South Africa." In other words, even though a foreign national may be able to buy real estate in that country, more often than not a foreign national will not be able to easily purchase a right to extract minerals from that real estate. (Of course, a contract can be entered into with the government that will grant an individual of business the right and the ability to withdraw minerals from underneath the surface of land.)

Because there are some tribes that exercise some degree of local autonomy in South Africa, some foreign nationals wonder what impact these more or less autonomous governing authorities might have on their ability to purchase real estate. Historically, local, tribal or customary law had little impact on the buying and selling of real estate in South Africa. However, in recent years, the national government has given some recognition to parallel lines of authority within the country. Therefore, if a foreign national is interested in buying immovable property in an area that is included within an autonomous, that foreign national will need to make certain that he or she understands the particular regulations in that area that might have an impact on the purchase of real estate in that area. Because there are so many different local variants that might come into play depending on what region of the country a person is considering investing in real estate in, it is impossible to detail them all in this limited space. Therefore, a foreign national who is interested in purchasing real estate in South Africa will want to make certain that he or she has access to very capable legal representation.

The underlying real estate purchasing process in South Africa is simple when all is said and done. A tentative or preliminary contract is entered into between the buyer and seller. As in many other countries around the world, a deposit is made upon the property by the purchaser. The amount of the deposit is negotiated between the parties. Additionally, the terms of under what conditions a deposit might be returned are also negotiated between the parties to the agreement.

Following the execution of this preliminary contract, the buyer will embark on his or her efforts to find appropriate financing for the real estate. There are many different mortgage lenders within South Africa that deal regularly with a foreign clientele. With that said, it is also perfectly permissible for a foreign national to obtain mortgage financing from a firm located in that person's country of origin. The government of South Africa is flexible as to where a person obtains his or her financing to fund a real estate or immovable property purchase in that country.

Once all of the requirements of the initial agreement have been satisfied, a final agreement of sale and transfer of immovable property is executed between the parties. It is at this juncture, when this agreement is duly executed, that ownership of the immovable property is transferred from the seller to the buyer. With this conveyance, a new title to the real estate is registered immediately with governmental authorities.

Again, it is important to keep in mind that there might be some slight variances in this procedure in some of the more autonomous regions of the country. However, with the assistance of capable legal counselScience Articles, a foreign purchaser of immovable property or real estate in South Africa will be able to maneuver through the legal requirements.

Property Abroad always recommends using a Solicitor or Lawyer.

Source: Free Articles from

By Les Calvert


Property Abroad's directory Les Calvert writes interesting and useful articles on all subjects dealing with overseas property investment and buying property in South Africa. With over 400 company websites selling and renting property in almost every country around the world Les is well placed too ffer advice on existing and emerging property locations. Visit their flagship site for more details on property for sale in South Africa.

Tuesday, December 8, 2009

Concept Of Serviced Apartments In Hong Kong Picking Up

Concept Of Serviced Apartments In Hong Kong Picking Up

In recent years the concept of serviced apartments has picked up in Hong Kong. Travelers to the region, including both leisure and business travelers as well as relocating families are now increasingly looking to Hong Kong serviced apartments as the ideal accommodation for their purpose.

This trend is more so in Asia than it is in any other part of the world. Regions like Hong Kong serve as the hub of commercial activity in this part of the world. Hence it experiences an influx of leisure and business travelers all around the year. Plus there are many o families in the relocating process looking for places to stay in Hong Kong. With apartments in Hong Kong offering them a superior set of features at a more pocket friendly price they have become the better choice.

Due to the increase in demand of serviced apartments, Hong Kong has propped up its existing properties to cater to the rising standards of the tourists. Today you will be able to find highly sophisticated serviced apartments that offer all kinds of luxury services in the region.

There is a great variety of such residences in Hong Kong. They vary in terms of their size and the kind of accommodation they have to offer. The smallest variety is that of studio type serviced apartments that are most commonly rented out by single men or women that are on a business trip in the region. Such residences feature a uniquely designed single space that has a sleeping section, work area, living space as well as a fully equipped American style kitchenette.

Then you have the slightly larger single bedroom serviced residence which is ideal for couples making a honey moon journey or out on a shopping spree. Families have the option to go for multi bedroom serviced apartments that have dedicated sleeping, dining, living and recreational areas making them feel just at home.

Such residences have been designed to cater for short, medium and long terms stays in the region. Families in particular enjoy the kind of lifestyle that Hong Kong apartments have to offer because it gives them the freedom and ability to cater to themselves. This is also another area where you can save up on money by eating at home and not eating out that often and doing your own laundry rather than availing the hotel’s laundry services.

There is no doubt about the fact that serviced apartments will make you feel much more relaxed during your stay in Hong Kong. The longer your stay is the more you will enjoy your serviced apartment.

Hong Kong has developed a great variety in the kinds of apartments that it have to offer. There are simpler apartments which are loaded with all sorts of basic amenities that facilitate your living needs. This includes a fully equipped kitchen, adequate storage space, comfortable beds, washing machines, broadband internet and a hi fi entertainment system. Then you have the more exquisite serviced apartments that have been meticulously designed by paying attention to detail in the interior décor. Along with all the basic room amenities they have other enhanced community amenities such as an events room, gymnasium, swimming pool and a business center.

By Brain Mask

Explore the variety of Hong Kong serviced apartments at The website has been operating as a booking agency for Hong Kong apartments.

Accommodation Options in Melbourne - Self Catering Apartments

Accommodation Options in Melbourne - Self Catering Apartments

As Melbourne is such a popular tourist destination, accommodation can be a bit of a problem. The hotels are aplenty but if you do not book one well in advance, their rates can burn a hole in your pocket. A much better accommodation option while visiting Melbourne is to rent a serviced apartment. There is a wide range of apartment accommodation Melbourne options and you can choose one as per your requirements and budget. Getting an apartment is better than staying in a hotel because you get to have more privacy and can spend the holidays as per your liking.

If you are looking for the perfect apartment accommodation in Melbourne in general and Melbourne Central Business District (CBD) in particular, you do not need to look any further than Birches Serviced Apartments. Located in East Melbourne, which is renowned for its beautiful parks and gardens along with the architecture and quiet tree-lined streets, Birches serviced apartments offer the ideal alternative to inner city hotel accommodation.

Birches Serviced Apartments is conveniently located within walking distance to

• Rod Laver Arena
• Victoria Street which is famous for Vietnamese restaurant
• Brunswick Street (cafes, bars and restaurants)
• A multitude of parks and gardens, Fitzroy Gardens
• Bridge Road shopping precinct and warehouses

Many major hospitals (Peter Mac, Freemasons, Epworth, St. Vincent’s, and Mercy Private).
A short tram ride to CBD, Telstra Dome, Queen Victoria Markets, St Kilda, Lygon Street, Crown Casino and Chapel Streets

Birches Serviced Apartments is certified by HMAA and AAA Tourism for Victorian Accommodation Industry Award for Excellence 2004, 2005 and again 2006. It has also been the 2007 finalist for Excellency in Sustainability and for Best Back of the House and again got the 2008 Award for Best House-keeper. Birches Serviced Apartments has been proudly awarded 4 stars by RACV for their environmentally friendly practices in 2004. It is one of the first serviced apartments in Victoria to be awarded by RACV. So what are you waiting for? To have a look at some of the best serviced apartments in Melbourne and book online, just drop by at

By Nellie Rogers

Nellie Rogers worked in the tourism industry in different capacities for 7 years before moving to writing full time. Her experience in the field is reflected in her interesting and insightful articles.

Best Guest Friendly Hotels in Nana Bangkok 2009

Best Guest Friendly Hotels in Nana Bangkok 2009
By James P. Hunt

The Nana red light district is the largest out of the 3 in Bangkok Thailand. It's a neighborhood filled with the hottest clubs, laid back bars and pubs. Of course who can forget the craziest adult entertainment on this side of Southeast Asia. To take advantage of all this it's best to stay in a guest friendly hotel inside the district of Nana.

Nana is centrally located in the heart of Bangkok. It's epicenter of sex and booze is Nana Entertainment Complex near the major intersection of Nana and Sukhumvit road. Running above Sukhumvit road is the BTS Sky Train, an elevated train system with a station in Nana, making this neighborhood ideal for a hotel stay and start off point.

There are many guest friendly hotels in the area - many of them 4 to 5 star business classed hotels but you'll find a lot of small boutique hotels that are true gems. The best thing of all is you don't really have to spend too much to get a good quality hotel with excellent value and service.

One of the best and newest is the Dawin Bangkok located on Nana Soi 4, just a 5 minute walk north to the naughty nightlife bars of Nana Entertainment Complex. This modern hotel is quite small and so are the rooms, but the furnishings are modern and very comfortable with a budget friendly price about 1780 Baht for a standard room.

If that's too much to spend then try Woraburi Sukhumvit Hotel & Resort. 1100 Baht will land you a plain clean room and even a pool to soak in during a hot and humid afternoon. It's also near Nana Entertainment Complex as well with a 10 minute stroll north of Nana Soi 4.

Now if you can afford to spend a more then consider the Majestic Grande Sukhumvit. For 3350 Baht you'll have access to a very nice room and a huge comfortable bed. This is a really nice modern hotel with attentive service and smiles. The Majestic is just a 5 minute walk east to Nana Entertainment Complex.

There are plenty more guest friendly hotels in Bangkok but currently these are the top picks for 2009. These hotels are popular so it's best to book ahead of time.

Visit Bangkok Guest Friendly Hotels for a great list of hotel choices in Nana's red light district.

James P. Hunt is an avid traveler and writer for an underground blog with information about Bangkok, Thailand. He is also a writer and contributor to, the largest resource of guest friendly hotels in Bangkok.

Article Source:

Bali Apartment Rentals

Bali Apartment Rentals

Apartments rentals in Bali? It may run counter to your notion of Bali, Indonesia, if you have never been here, or visited recently. Well, although it is a major Asian tourist destination, Bali is a place with an enormous variety in accommodations for the visitor. Naturally there are great hotels, and the Bali villa is a dream that everyone should experience at least once, hopefully without having to mortgage their house back home!

There is a third lodging option in Bali too, that of apartment rentals. I haven't seen it as a Bali travel tip before, but I have personal experience with it that was so favorable that my wife and I ended up buying an apartment in Bali!

The busy southern end of the island, near the airport, is quite densely populated by locals and tourists, so the buildings have been getting taller in the last decade or so. (Balinese building regulations state that no building can be taller than a palm tree, but this seems to have been forgotten along the way. Possibly there's a special palm tree somewhere, extra tall, used to approve these new buildings!) Condos/apartments up to five or six stories are now fairly common in Bali. Many of the owners of these units are absentee owners who have their property managed while they are in Jakarta or elsewhere in Asia or Australia, etc., a for most of the year.

Apartment rentals work best for visitors who are willing to trade some of the pampering they will received at a hotel, as well as the retail price they will pay for the experience, for accommodations that are geared a little more towards "living", than feeling like a hotel "guest". If you are willing to forgo the latter you will be rewarded with more of what you might actually have come for anyway: time. There is a huge difference between coming for a week or ten days and staying for a whole month, or even more.

A little-known Bali tip is the fact that for the price of that hotel room for a week or 10 day Bali visit you might actually be able to rent larger and more comfortable accommodations for an entire month.

When we book a holiday in a place like Bali most of us think in terms of booking a room in a hotel. It is understandable. It is just the way we have done it in the past, and advertising helps to shape our notion of what our vacation is supposed to be. But taking a more frugal route with apartment rental will still have its comfort and even luxury, and also most likely be much more conveniently located than a villa in the rice paddies.

The next time you are dreaming up a visit to somewhere exotic, with an indigenous culture that is still very much alive, give serious consideration to Bali.

And if you have some extra holiday time, get online and look at options for apartment rentals in Bali for a slightly longer visit, because you will be surprised by the outstanding value for money that is available.

Tom loves writing about Bali culture, Bali vacations and Bali expat life.

Article Source:

Hotels in Bali Can Fit Any Budget

Hotels in Bali Can Fit Any Budget
By Raymond Horsfall

Bali is one of the most exotic, breathtaking and legendary destinations in the entire world. With its pristine beaches, turquoise waters, volcanic mountains and lush tropical backdrop, many holidaymakers falsely believe a stay here is out of financial reach. This is just not the case. Hotels in Bali can fit a wide variety of budgeting ranges without sacrificing comfort or style in the process.

When a vacation to this tropical island paradise is on tap, holidaymakers will discover choices that will amaze. From upscale Bali resorts in Kuta to family style lodging in Ubud, travellers do have access to a wide variety of accommodations meant to fulfill any need. Considering Bali's reputation as an island of peace and tranquility, it should not surprise too terribly much that finding the right style of lodging here is a breeze.

Those considering a trip to this legendary stop in the Indonesian archipelago will find such options at their disposal as:

* Traditional hotels - Holidaymakers who would rather spend as little money as possible on Bali hotels, but demand comfort nonetheless, will find a number of traditional options available to meet their needs. From Seminyak hotels to accommodations in Nusa Dua, basic, clean, comfortable and affordable lodging can be found here. When standard hotels are selected, holidaymakers will find themselves with more spending money in their pockets to take Bali tours and see all the island has to offer, but they can rest assured they will have a comfortable place to retreat to at the end of the day.

* Resorts - Bali resorts are among the finest in the world. Vacationers here will revel in the red-carpet treatment they receive at resorts that were created solely to pamper guests and make their stays even more memorable. Bali resorts include those that boast beachfront, mountain and lakeside views. Whilst the pricing on resorts will be higher than some other choices, the experience can be well worth the expense.

* Private villas - When nothing less than the best, most luxurious accommodations will do, Bali villas are sure to please. The island is home to a number of private villas, complete with on-site staff, that can be rented to make holiday memories truly distinct. Ideal for large families and even large parties, these rentals add distinction to Bali holidays.

* Apartments - This option can blend luxury with practicality for holidaymakers that prefer to have access to their own kitchen quarters and homier accommodations. Whether the vacation is for a Bali honeymoon or a family stay, apartments provide the perfect blend of privacy, distinction and comfort. In some cases, this type of lodging can even help vacationers keep more money in their pockets for taking in the sights of Bali.

The beautiful island of Bali is one of the most exotic destinations in the world. Holidaymakers with a desire to explore this unusual location, take in its sights, experience its culture and marvel at its natural splendour do not have to fear that a trip here will be beyond reach. Hotels in Bali can fit any budget.

Looking to book holidays to Bali? Then find Bali hotel accommodation, other tourism resources and Bali island tours with Bali Dream Tours. Make online bookings for hotels and villas in Nusa Dua, Jimbaran, Tuban, Seminyak, Ubud, Kuta, Sanur and other areas of Bali by visiting Bali Accommodation.

Article Source:

Buying a Property in New Zealand

Buying a Property in New Zealand

An island nation always has a special charm in the hearts of people who don't have the luxury of living at such a paradisiacal place. New Zealand is one such country that oozes resplendence at every step. With nearest neighbour Australia, New Zealand is not a part of Australian continent. In fact, the country belongs to the largely submerged continent of Zealandia, which stretches from the north of New Caledonia to the south of New Zealand's Sub-Antarctic islands. New Zealand is comprised of three main islands besides several other small islands that enrich the topography of the country with some breathtaking views and inspiring scenery.

New Zealand Highlights

New Zealand is blessed with some of the choicest nature's bounties, with pristine golden beaches, snow-capped alpine mountains, crystal-clear river waters, glacier-fed lakes, and abundant adventure activities you can indulge in. This means the country is agog with tourists all the year round offering numerous opportunities to earn handsome rental income from apartments and other vacation properties alongside some of the most-visited spots in New Zealand.

The inviting kiwi weather is an added incentive to visit the country. The outdoors of the country is ideal to indulge in plenty of activities, like bungee jumping, scuba diving, zorbing, mountaineering, kayaking, surfing etc.

The natural attractions of the country are enough to lure holidaymakers, retirees, and expatriates who look for real estate investment opportunities in the country. In fact, in addition to the vacation property, second-homes are also extremely popular for the property investors due to New Zealand's favourable living conditions, cost of living, and the rosy projections of the nation's economy.

If you think that New Zealand is just about adventure sports, think again. For the country has a rich history and tradition of the native Maori people, as depicted through several museums and art galleries. New Zealand also has a rich treasure of flora and fauna wildly found in the National Parks and the Ocean.

The country is extremely well connected with the rest of the world through airways and seaways. The internal transport of the country depends on efficient air, road, rail, and sea routes for a variety of commuters.

New Zealand is every bit a modern country having plenty of education opportunities for lower and higher level of students. All the modern amenities, like nightclubs, discos, pubs, restaurants, cafes, theatres, cinemas etc. can be easily accessed through major kiwi cities.

The nation's economy is also booming with Agriculture playing a major role in its upswing.

Overall, New Zealand offers one of the best places to invest in real estate. Moreover, the British investors would love the place inhabited by majority English-speaking friendly people.

Property Market in New Zealand

In recent times, New Zealand property prices have hit the roof with surging demand from the European investors, particularly the British real estate investors. This has resulted in a slowdown in the New Zealand property market. And this also means that property is now much more affordable for the budget investors. The growth is definitely on the wane and the prices are dropping, yet no one is discounting New Zealand's property potential.

Though low, the prices are still on a higher plank. For instance, luxury apartments in the capital city, Wellington, are highly priced at £400K+, and over in Auckland, it's even more. However, small accommodation is reasonably priced in major kiwi cities. For instance, you can make off-plan investment in apartments in Auckland for £60K+.

The Studio Apartments in cities, like Auckland, are a safe investment. They guarantee regular rental income through people who often flock the cities for better job prospects. And with the high expectations from the nation's economy in the coming years, major pressure has to be borne by the housing industry to feed the demand for more accommodation.

The current period is favourable for any kind of property investment in New Zealand. An astute investor will exploit the prevailing lower prices of New Zealand property, and make a killing in times to come.

The kiwi legal system is identical with the British Common Law system. Resultantly, trading in property is largely hassle-free in New Zealand. Moreover, there is no stamp duty to pay on property purchased in New Zealand.

It seems that owning a property in New Zealand is cakewalk for those who possess the required finance. However, for those who have limited budget, there are lots of financial institutions in New Zealand that offer lower interest rates on mortgages in New Zealand.

The hottest locations for property investment on the North Island include Wellington, Tauranga, and Auckland. The South Island has Nelson, Queenstown, and Christchurch as jewels in the real estate crown.

The potential real estate investors in New Zealand would do well if they hire a specialist to deal with all the legalities and other formalities required for ownership of property in the country. After all, you don't expect to be ripped off your hard-earned money just because of some negligence on your part.

Property Abroad's directory Les Calvert writes interesting and useful articles on all subjects dealing with overseas investment property and buying property in New Zealand. Visit their website to view their property for sale in New Zealand and other useful information on buying property abroad.

Article Source:

By Les Calvert

Owning a Coastal Property in New Zealand

Owning a Coastal Property in New Zealand

Purchasing a coastal property is the perfect solution for anyone drawn to the raw beauty of New Zealand's geography. New Zealand may not be the largest country, but due to it's position in the world and it's long and lean shape, it is a country not only big on rolling hills and lovely farmland, but also an abundance of beaches, cliff faces and the fresh sea air, filling our lungs and making each breath a revitalising experience.

If you love being close to water, either for a home or for an investment property (or holiday home) there are still several important factors to ensure you buy a coastal property that best suits your direct requirements. Even though New Zealand's coastal areas can have thriving communities around them, there are still places such as on the Coromandel Peninsula that provide you both with all the amenities you need, and a feeling of space and solitude.

To select the right kind of coastal property, it's important to look at several factors to ensure you find the best match for you. The best place to start is to look at what you need. It might sound rather simplistic, but it's important to look at both what you want in the short and long term. Do you need a property that can stretch and grow a little as your family does? Or do you want a little hideaway that isn't big enough to attract a cascade of regular visitors?

Looking at the local resources are important too. Coastal properties in the Coromandel peninsula can either be close to schools, shops and businesses for employment, or can be in commuting distance to these things. While the commute is certainly not on the scale of city traffic jams, factoring in distances to the amenities you need is an important area to consider. If you are interested in living in the Coromandel area, you are certainly not lacking in the opportunities to place your lifestyle loves right on your doorstep.

If you love unwinding with a swim, a surf, a walk or a fish, finding a good spot that offers you your preferred mix of those outdoor pursuits is a good solution.

It's a good idea to set your budget to a realistic goal, and then stay within it. Many suggest under pitching this a little to accommodate that house you'll find just a little out of your budget. When you know your limits you are ready to select the coastal property of your dreams.

Written by John Hunt, owner and marketing agent for Ray White Whitianga Realty. Ray White Whitianga Realty - Coastal Property NZ is your first choice when considering property sales in New Zealand's stunning Coromandel Peninsula, including Whitianga, Hahei Beach, Matarangi, Cooks Beach, Whenuakite, Coroglen, Simpsons Beach, Opito, & Tairua NZ. Our offices cover an extensive range of real estate requirements including residential, commercial, business, rural and lifestyle property for sale.

Article Source:

By John Hunt

A Quick Guide to Bali Villa Destinations

A Quick Guide to Bali Villa Destinations

Bali may not be physically large (at least not by Australian or American standards) but there are a number of clear destinations on the island. The villa accommodations on the island are largely confined to a subset of those destinations. In this article, The Insider looks at the most popular destinations offering villa accommodations.

Villas in Bali are primarily found in the following locations: Candidasa, Canggu, Jimbaran, Pemuteran, Sanur, Seseh, Seminyak, Ubud and Uluwatu. These locations are primarily spread throughout the south-central region of the island. There are few villa accommodations located in the north, far west, or far east of the island; the two exceptions being Pemuteran in the far northwest and Candidasa in the southeast.


Located in the south eastern portion of the island, Candidasa is the newest destination to offer villa accommodations. Most accommodations are actually located between Candidasa and nearby Padangbai. This area first popped up on to the luxury travellers radar when the Aman group opened Amankila. The Alila group is also there now and we're starting to see a few private villas open as well. Note that dining choices in the area are limited and taxis are few and far between. Look for a villa with a chef and a driver.

Why stay in Candidasa?

This is a good jumping off point for exploring the quiet rice terraces of east Bali and the slopes of Gunung Agung. It is also a good place to catch your breath either before or after a trip to neighboring Lombok. You can catch ferries to Lombok from Padangbai, or hire a speed boat if you prefer. With recent road improvements, Candidasa is now only 45 minutes drive from Sanur.


Canggu is the fastest growing villa accommodations area. There is a wide number of options in this area at a variety of price ranges. Many of these accommodations are new, so finding mature gardens may be a challenge. This is a largely flat area of gently rolling fields (ex-rice fields). Most villas are garden view. There are a number of villas on the coast in this area. The nearby Canggu Club is also a magnet for new villas and if you are travelling with children, look for villas with a guest club membership; this provides options to help your kids pass the time in a supervised environment (while giving parents a much needed break!). Canggu is just a few minutes drive from Seminyak. Note that the road is crowded with traffic and taxis are not as easy to find, so you will want to find a villa with a driver.

Why stay in Canggu?

Wide range of choices, access to the beach, nearby Seminyak and the Canggu Club.


Jimbaran Bay provides one of the few pleasant swimming beaches on the island, and it also gives easy access to a number of dining options. Several five star resorts are located in this area, including the Four Seasons and the Inter-Continental. Most villa operations here are villa resorts, though the nearby Tiara area provides some private luxury rentals (though these are far from the beach). This area is very popular with Asian tourists.

Why stay in Jimbaran?

Good walking and swimming beach. Access to fine dining and the seafood restaurants on the beach. This location is also just a few minutes from the airport, so getting in and out is a breeze. Taxis are easy to find here.


Pemuteran is a small town located at the far northwest tip of the island. It is primarily a destination for those who wish to go snorkeling or diving around Palau Menjangan, or who wish to trek into the Bali Barat National Park. Facilities here are limited, though there are one or two good villa resorts. Dining options and transportation are rare commodities, so plan accordingly.

Why stay in Pemuteran?

The big reason to be here (OK, perhaps the only reason!) is the access to the natural features. Snorkeling and diving at Palau Menjangan are superb -- some of the best in Asia. Bali Barat is also an attraction for trekkers.


Sanur is Bali's most gentile destination. A mecca for tourists since the 1930s, Sanur has a more laid back and mature feel that the frenetic nightlife and party scene of Seminyak. The beach here has a boardwalk and the ocean is gentle enough to allow for safe swimming. There are several villas here, some of them quite large and elegant -- and quite exclusive.

Why stay in Sanur?

This is a more quiet side of tourist Bali. You have access to everything you could want here but without the party scene.


Seseh is a relative new-comer on the villa scene, at least in terms of name recognition. There have been villas there for some time, but most people have simply labelled the area "Canggu." In fact, Seseh is further northwest of Canggu and on the coast. You might say it is the "next" up-and-coming villa destination, the natural progression of growth and development past Canggu. Seseh is quiet and must less hectic than Seminyak. It has more of a traditional Bali village feel than Canggu (which is largely rice fields). All in all, it makes for a more relaxed and intimate feeling. On the downside, it is a fair distance from all the conveniences: shopping, markets, restaurants, and taxis. Look for a villa here with full services and make sure you have a car and a driver included.

Why stay in Seseh?

As a destination, Seseh is great if you want some place quiet and relaxed with access to an undeveloped beach. Good for families, and for anyone who plans to spend time relaxing at the villa.


Welcome to party central! Seminyak is the destination of choice if you want to be only a short wallk (or ride) from shopping, restaurant, markets and nightclubs. This district is urban and frenetic. This is the home of KuDeTa, La Lucchiola, the Oberoi and much, much, more. Finding an oasis of peace and quiet is a challenge but not impossible. Prices tend to reflect popularity as this is currently the destination of choice for Bali tourists looking for villa accommodations.

Why stay in Seminyak?

Convenience is Seminyak's hallmark. Everything is here. If you are party people or you really want a hopping beach scene, this is the spot for you. If you are willing to settle for a villa hotel or villa resort, there are some very good options here.


Often referred to as the cultural center of Bali, Ubud is a destination with a difference. The feature here is culture and increasingly, fine dining; it is not the spot for nightlife. Many people view Ubud as a day trip destination and stay on the coast. For those who choose to stay in Ubud, the day time is busy and a bit hectic, but in the evenings the town slows down and is very pleasant. Lots of good museums, restaurants, and cultural attractions. Plenty of shopping here, too, but prices in recent years have gone up dramatically. Note that proper taxi services are lacking in Ubud; if you don't have your own car and driver you are at the mercy of the touts with private taxis.

Why stay in Ubud?

Ubud is cooler and damper. This is not the coast -- this is the jungle. It has completely different vibe than the coastal locations. Stay here if you want to enjoy museums, dance performances, and exploring cultural attractions.


Uluwatu is a rising star in the luxury accommodations scene. (The arrival of the Bulgari helped cement that position.) Many five star resorts are under development here and there are some beautiful, large villas here as well. Some of the island's most posh accommodations are perched atop the cliffs of Uluwatu, looking out over the Indian Ocean. Find a fully serviced villa here, with a car and driver, else you will feel stranded.

Why stay in Uluwatu?

Most people that stay here fall in two classes: Either luxe travelers, or surfers. There are accommodations for both. Aside form the surfing and the views, there is not much else to recommend the area, as development of infrastructure has yet to keep pace with the arrival of the resorts and villas.

By Mariza Stone

This article is originally appeared in (

Article Source:

Monday, December 7, 2009

Search Properties In Hong Kong Within Your Budget

Search Properties In Hong Kong Within Your Budget

Hong Kong is a first-rate trading, financial and business centre. It does not have any major natural resources. It has one of the finest ports in the world. The country boasts a hardworking, industrious and well-qualified workforce of about 3.56 million. It forms the foundation of Hong Kong's productivity and prosperity.

In spite of a few market crashes, Hong Kong's residential market has long flourished owing to the country's strong economy. The country's free market economy mostly depends on international trade, as it has few natural resources. It has wide-ranging trade and market ties with China. As the island's natural resources are limited, it has to depend on others for food and raw materials.

The land's high position on the economic front is attributed to several reasons. It is situated halfway between Japan and Singapore. The charm of the island lies mostly in its nearness to the mainland of China. It lies near important shipping and air routes. Moreover, the country has an atmosphere conducive to business and commerce. The country's economy has always been built upon commerce, and shipping. Today it competes with Singapore as the world's busiest container port.

A property search in Hong Kong gives you a better understanding of properties available within your budget. You have to carefully take a look at the more popular condominiums, residential apartments and houses across the island. In order to get a clearer idea of which size would suit your requirements best, you have to carefully study the more popular listings across the land.

The size of a house is calculated in square feet, not in the number of rooms. House sizes are generally counted on the gross square footage. The active or useable footage is generally around 80% of the gross amount of space. In Hong Kong, rentals are collected monthly and additional charges such as management fees and government rent are not usually taken.

A number of real estate firms carry out customary market research. They keep databases for each market sector which allows you to watch changes in the working of the market. In addition to publishing property business update reports on a regular basis, many of them also conduct regular internal research programs such as detailed market studies and surveys.

Property searches help you asses the current value of apartments, condominiums and other properties in Hong Kong. They make the finding of your ideal house, apartment, villa, office, vacation rental or land easier. Bear in mind that you should view the land before you pay any money. A personal visit is an integral part of any property search.

There are many property locations and housing neighborhoods across the island and the surrounding areas. Owing to the country's sprawling residential structure, it's difficult to find out exactly which areas are the most sought-after in terms of high-end property - luxury developments come up just about everywhere.

There are several locations that are particularly attractive for reasons of accessibility, views and facilities. The most popular among them are Island East, The Peak, Hong Kong Island South, Happy Valley, Stanley, Deep Water Bay, Repulse Bay, Wanchai, the Kowloon Peninsula, and Kowloon Tong.

The embargo on luxury residential real estate in Hong Kong was recently raised and as a result The Peak is at the height of the country's luxury market. It is the highest spot on the island and has long been a favorite hotspot for wealthy investors. It's a much sought-after tourist attraction offering spectacular views of most of the surrounding islands.

It is not easy to enter the Hong Kong property market as it is the third most expensive high-end residential market in the world. As all land belongs to the government; buyers of property actually buy an agreement or a lease. Laws governing the real estate sector market allow you to own properties as an individual or through a company structure.

Property owners in Hong Kong are now at ease to wait for higher bids for their luxury properties owing to the upward adjustment in asking prices set off by recent land sales. Many investors in the country are reluctant to rent out their luxury properties since it would lessen their flexibility in trading the property.

By Wantanee Khamkongkaew

Wantanee Khamkongkaew is an independent author evaluating and commenting on leading International Property Consultants in Asia and Greater China, especially CB Richard

Article Source:

Friday, December 4, 2009

Sai Kung - The Hong Kong You've Never Heard About

Sai Kung - The Hong Kong You've Never Heard About

Moving to Hong Kong as an expat is a big change for most expatriates, especially for those of us who have not been to Asia before. One of the biggest challenges is adjusting to the type of property or house you will be living in. Hong Kong apartments are generally assumed to be the only type of property available. Although many and varied, the lack of space inherent in living in such a crowded place can take some getting used to.

What many expats overlook or are unaware of is the option of living a little further away from Hong Kong island in one of the 'country' areas. One of these areas popular with expats is Sai Kung. Located to the north east of Hong Kong island it is a greener area where you will get more space for your rental or purchase dollar.

Sai Kung property is mainly villa complexes and village houses- there are no high-rise apartments which are so typical in other parts of Hong Kong. Villas are usually large complexes with management and facilities, so come in all shapes and sizes.

Village houses on the other hand are unique to Hong Kong Built on 'village land' and restricted to a maximum of 700 square feet per floor and 3 floors they all tend to resemble each other as 2100' 3 story Spanish-style shoeboxes. Simple to construct, and of solid design that can withstand a typhoon with ease, given the right touch a village house can be renovated into a luxurious and comfortable home.

The real attractions of Sai Kung for expatriates is the outdoors, beaches, sailing, and a little more elbow room. Being able to live in a detached or semi-detached house with a yard for the kids to play in, and even somewhere to park the car, is considered luxury in Hong Kong If you are prepared to trade the convenience of being on Hong Kong Island or having direct public transport access to it, then you might spend some time looking for property in these areas.

For more information about living in Sai Kung and Hong Kong as an expat, please visit our Hong Kong rentals section. also accepts free listings of property for sale and holiday rentals anywhere in the world by both agents and FSBO.

By James Dylan

James Dylan is the managing director of, the leading resource for Hong Kong apartments.

Article Source:

Looking for Hotel at Kings Cross? The Macleay is your choice

Looking for Hotel at Kings Cross? The Macleay is your choice

The Macleay Hotel is perfectly placed at the sought after location of Sydney The Macleay Hotel is only minutes walk from Kings Cross where you can enjoy captivating views of Sydney Harbour, the Harbour Bridge, the Opera House and the city skyline.Choose to stays in one of 126 newly renovated studio apartments equipped with kitchenette and ensuite bathroom. From $140 per night


• Ensuite shower/toilet
• Fully stocked Kitchenette
• Individual air-conditioning
• Remote control TV
• Direct dial telephone
• Room Service
• Clock/Radio
• Iron/Board
• Hair dryer
• ADSL fast Internet service in every room (extra cost)

District Views 1 Double + 1 Single Bed A$140
Bridge or Harbour Views 1 Double + 1 Single Bed A$160

Thursday, December 3, 2009



Situated on Soi Rangnam around Victory monument area, this newly stylish serviced apartment is an idea place for you to stay closed to Bangkok CBD.All rooms equipped with 32" LCD TV and 2-door no frost refrigerator. Only 5 minutes walk to Victory Monument bus station. Only 14000/ month

• Area 25 sq.m.
• Fully Furnished
• Bath tub or Shower
• Tile Floor or Carpet
• Free in room WIFI
• Air Con. wall type (level of efficiency: No.5-highest)
• 2-Door No-Frost Refrigerator (level of efficiency: No.5-highest)
• Fully Adjustable Temperature Water Heater
• Compact Fluorescent Light with high efficiency reflector
• Automatic turn off ventilation fan
• Free Basic Channel (3, 5, 7, 9, 11, ITV).
• Free CNN and Star Movies. Other channels also available at additional cost.
• Cable TV ready

Room Type Daily Rate Weekly Rate 1-3 Months 4 or More Months
Studio 1,200 Baht 7,000 Baht 14,000 Baht/month 12,000 Baht/month

Hong Kong Rentals - 5 Things You Must Know

Hong Kong Rentals - 5 Things You Must Know

The rental market in Hong Kong differs greatly from area to area, quoted prices often vary wildly for similar apartments, and there are no tenancy protections written into law.

To an Expat looking to rent their first property in Hong Kong this can be anywhere from confusing to downright risky, especially if you sign something you should not, or be led astray somehow.

Below are 5 things you need to know that will help you get started.

Property Management Services. Property management, where you pay rent to a real estate agency, is rare in residential real estate in Hong Kong. On signing the final rental contract, you will deal directly with the property owner or their employee. This leads to some apartments renting direct owner to save on commission.

Provisional Lease Agreement. The majority of rental properties go through a real estate agency. Rental agents survive on commission quoted as one-half the monthly rent from both the tenant and property owner. The provisional lease agreement will be signed by all 3 parties: tenant, landlord, and agent but there is nothing provisional about it. You should have all negotiations and the contract complete before signing it.

2 year lease. The normal length for a residential lease contract is 2 years. After 1 year the tenant should have the option to terminate after giving 2 months notice.

Rental Contracts. As noted previously there are no tenancy protections under Hong Kong law. This means that all protections that you want during your tenancy must be written into the contract you sign with the property owner.

Gross floor area. Apartments are sold and rented by quoting gross floor area. This includes a share of the common areas of the building such as lifts, garbage disposal, stairs and passageways. If you are wondering why a 500 square foot apartment seems a little small, you might inquire as to its net floor area, rather than the gross floor area.

Truth is there is nothing to be worried about as long you inform yourself beforehand. With no legal protections apart from your contract, learning how the Hong Kong rental market works is in your own best interests.

You will find these and other important details, including rental listings, available in our Hong Kong Rentals section. ExpatFlats also invites real estate agents and property owners looking for an easy way to market to the Expat community to test drive a free account at

By James Dylan

James Dylan is the managing director of ExpatFlats Limited, Hong Kong's leading independent property portal.

Article Source:

BSA Suites only Minutes away form Metro Manila

BSA Suites only Minutes away form Metro Manila

Ideally situated near Maksati ‘s CBD and within easy access to the thriving CBD restaurant and café culture, this apartment could be your perfect inner city pad. BSA Suites are cozy fully furnished apartment suit for both individual business travelers and family holidays. All units equipped with necessary appliances. Separate living, dining, kitchen and Cable Network TV. From $75

Studio Deluxe $75
One Bedroom Deluxe $88

Above rates include

• Daily set breakfast served in the guest room
• Complimentary bottled water on the first night
• Complimentary coffee & tea upon check-in
• Daily supply of local newspaper
• Daily housekeeping services
• Fully furnished with separate living, dining, kitchen, and bedroom areas
• Air-conditioning
• Cable Network Television
• NDD/IDD Telephones
• Hot & Cold Water
• Kitchen equipped with refrigerator, stove, microwave, glass ware, cutlery and crockery
• Use of recreational facilities such as swimming pool, gymnasium, play area and garden deck
• Electricity and water
• Utilities and association due

SM Megamall, Starmall, Robinson's Galleria
Greenbelt, El Pueblo, Eastwood City , Makati Medical Center, St. Lukes Hospital, World City Hospital

Wednesday, December 2, 2009

La-Kris Tower

La-Kris Tower

Located on the prestigious address closes to Sukhumvit 33, this comfort and convenience apartment offer you the high class privacy and excellent decor and cozy atmosphere with garden view. All units equipped with range of appliances. Choose to stay in one of 3 style apartments: Suites, Standard or studio. La-Kris tower offers your good location, and easy access to shopping center , supermarket and transportation. From 32,000 Bht/month

Air Conditioned
Direct Tel
Fitness Center
Fully Furnished
Great View
Laundry & dry-cleaning

Type Size Monthly Rate
Studio Deluxe 20 32,000
Studio Deluxe 49 47,000
Studio Deluxe 63 57,000
Studio Deluxe 67 52,000
Standard Deluxe 64 62,000
Standard Deluxe 76 66,000
Standard Deluxe 80 68,000
Suite Deluxe 1 87 73,000
Suite Deluxe 1 114 83,500

Is This the Right Time to Invest in UK Property?

Is This the Right Time to Invest in UK Property?

Land prices have dropped down tremendously. Drop in property loan rate is complementing the need to purchase new land. It is predicted that land rates will soon rise high with the rising economy. Moreover government is encouraging people to spend rather than save. Hence, an initiative to drop loan rates was taken on March 2009. It was dropped to 0.5% post recession, with the idea of encouraging people to spend.

Very soon land prices would substantially go up. There is a great demand of potential buyers and property investment is the in-thing now. Expatriates who are working abroad are finding a good opportunity to buy their own land. Most of the Indian software engineers and the paramedical staff working abroad are encouraged to purchase land. It serves as a good investment plan and also helps you in your retirement age. You can think of buy to let property and let it out even if you don't want to reside in it. It offers enough financial solace when you are out of work, sick, or are aged.

Consider the reason for purchasing a land. Is it to build a house or for investment purpose? Buy to let property is a good investment plan. It helps you make money in the form of rent and adds up to your already existing earnings. If you are living abroad for few years, you can still consider buying one and selling it at a good price once you return back to your own country.

Edinburgh and Scotland is a good location to consider. You start receiving an income almost straightaway, if you rent it out. It is quite simple and easy! You can negotiate a land deal within a week and can approach a tenant reference agency on the same day. Within a week, you will have a tenant who would make a rent advance. You don't really have to wait for long if you reach out to a tenant reference agency. He will quickly refer a potential tenant based on your tenant requirements from his database. Just make sure you have a rent agreement with him. In case of any rent default, there is a legal binding and the tenant can be evicted. A reference agency will also come to rescue your rental income if you had used his services to find a tenant. Your legal charges and any eviction charges may be covered by the reference agency. They may also cover up the loss of rental income due to a wrong tenant. Choose your tenant carefully and reap the profits of your buy to let land.

By Vijay K Shetty

Vijay Koragappa Shetty

Get all your tips related to Rental guarantee from:

Rental guarantee

Energy performance certificates:

Energy performance certificates

Article Source:

Residential Property Prices in Dubai May Slow Down in 2010

Residential Property Prices in Dubai May Slow Down in 2010

According to industry analysts, house prices in Dubai are likely to moderate in 2010. Although the prices may begin to return to reasonable levels towards next year, a considerable difference may not be noticed.

Several analysts and reports have given out their predictions that the demand-supply situation in Dubai will attain a balance by 2010, with the bulk of units likely to hit the market by that time, coupled with the Dh.6billion escrow accounts.

With the on-going delay in supplies continuing to plague the industry, any demand-supply balance cannot be expected until 2010. As per the real estate price index in Dubai, an appreciation of 40.8 percent has been noticed in the residential sector year after year, while the prices in commercial sector have risen by 42.7 percent during the same period.

Average rent rate in Dubai during June 2007 was Dh.1291 per Square Foot, while it was Dh.1,818 in June 2008, marking a one year increase of 40.8 percent. Better quality housing is noticed in central locations, which are well-maintained with good infrastructure. Such housing has always demanded and is expected to demand higher rents in future.

The rate of increase in residential prices during the past five years has not been sustainable, with the price being of topmost concern. Locations such as the Jumeirah Lake Towers and Barsha with good quality accommodation and good links to public transport have seen maximum increase in prices.

Even places adjacent to Dubai Metro would turn out expensive, as people would prefer to live close to a station. As for commercial properties, an average rent of Dh.1444 per square foot in June 2007, while it was Dh.2060 in June 2008. This marks an increase of 42.7 percent.

The rents would continue to increase for the next one year, if not for two years, or unless more supplies arrive at the market. Due to increasing cost of materials, developers have been compelled to go slow on development plans, causing delays in the market.

Properties which were likely to arrive in the market in 2009-10, have now been extended to 2011-12, he pointed out. Analysts predict that prices in Dubai property market are likely to reach their peak during later half of 2008 before falling down, as against the predictions last year that property rates in Dubai would drop down in 2008.

Also expect an increase of 5 to 10 percent in 2008 in property prices. Towards the year 2009, property prices in Dubai will witness a downward journey, resulting in a dip of 15 to 20 percent by 2011.

However, everything would depend on the arrival of completed housing projects into the property market. Also, the expected property boom in Dubai is hoped to continue till end of the decade.

Latest property news and trends in Real Estate in Dubai and Property in Spain

By Mahendra Dey

Article Source:

10 Reasons Why Should Buy Property in Lovina, Bali

10 Reasons Why Should Buy Property in Lovina, Bali

Property in Bali is booming right now. There are many different areas to buy property in Bali, but some areas such as Seminyak and Kuta, you have to almost be a millionaire to buy a nice property. Many people are now looking for other areas in Bali such as the north of Bali around Lovina to buy their perfect holiday house or retirement villa.

Here are ten reasons why you consider buying property in or around Lovina.

1. Lovina is located on the north coast of Bali, but it is only a three hour scenic drive from the international airport.

2. Prices of vacant land are still fairly affordable and you can even buy land from just 1.5 million rupiah or around US$150 per are - one are is 100 square meters of land.

3. Lovina is a quiet place and doesn't have the traffic problems like in the south of Bali.

4. Lovina is famous for watching dolphins and in some areas you can see dolphins swimming from the beach.

5. The north of Bali is becoming a popular place for retirees, particularly from Europe who love the warm climate and the quiet beaches.

6. Lovina has some great restaurants and fresh seafood. As the area becomes more popular, entrepreneurs are starting new businesses in the area everyday.

7. Since tourism is not as developed as the south of Bali, the people are friendly and very welcoming to foreigners visiting the region.

8. Buleleng is the regency for the north of Bali and it has a long history of performing arts and a unique culture.

9.Labor in Bali and Indonesia is cheap, but even cheaper in the north of Bali. If you want to have your own cook, maid or driver, you can have all three for around $100 a month!

10. Not only is property cheap to buy in Lovina, the area has a very low cost of living. As long as you have an outside income, it is easy to live like a king (or queen!)

If you want to see what property is available in the area, take a look at the Lovina Property website for some great deals.

By Michael Henry

Article Source:

Bangkok Serviced Apartments - Are They Worth Staying In?

Bangkok Serviced Apartments - Are They Worth Staying In?

Staying in a serviced apartment in Bangkok is an excellent alternative to staying in traditional hotels. There are plenty of reasons why booking a serviced apartment is better but one of the biggest reasons of all is that they are all guest friendly.

Serviced apartments run and operate just like any hotel in Bangkok and you don't have to sign a lease if you're a tourist and not staying for more then a few months. So you can choose to stay a few days, a few weeks, or until your visa expires. You get the same hospitality as a full service hotel such as daily housekeeping, reception help desk and security. There are even swimming pools, fitness centers, massage parlors and restaurants provided for guest use.

Most serviced apartments are fully furnished. Most newer properties are equipped with flat screen televisions with DVD/CD players. There's even a small kitchen with furnishings for those who want to cook themselves a meal. Internet access is provided, whether wireless or LAN, are almost always included in the room rates.

Serviced apartments in Bangkok are guest friendly, which means they do not charge extra fees for inviting guests to their rooms for an overnight stay. A large percentage of hotel's in Bangkok charge what's called a joiner fee to guests when they do so. Joiner fees typically range from 500 Baht to 1000 Baht, depending on the hotel's set policy. This is the major difference between a most hotels and serviced apartments in Bangkok.

There are many serviced apartments operating in Bangkok today but the most popular names are Centre Point and Citadines.

Center Point currently has 7 locations dispersed throughout the commercial districts of central Bangkok. Though Center Point has been around for awhile they periodically upgrade their properties, especially the rooms to keep their quality high.

Citadines is a newer name in the serviced apartment market currently with 5 locations clustered within Sukhumvit. Since their locations are between the red light districts of Nana and Soi Cowboy they remain a popular accommodation choice for visitors all over the world.

Since Centre Point and Citadines are both guest friendly serviced apartments you should still book the room for two. Doing so will ensure you get extra breakfast coupons for your companion that are already included in the room rates.

Many travelers who stay at Bangkok's serviced apartments for the first time are pleasantley surprised at the value and quality for the amount they paid. So they'll find themselves returning to the same serviced apartments again and again for future vacations in Bangkok.

James P. Hunt is an avid traveler and writer for an underground blog with information about Bangkok, Thailand. Visit for more information about guest friendly serviced apartments and hotels in Bangkok. is the definitive resource online for accommodations in Bangkok.

By James P. Hunt

Article Source: