As everywhere in the world, the credit crunch causes most people in most countries to tighten the grip on their pockets, the Philippines, well to be honest, Manila, money is being thrown about by the million. All of Philippines major newspapers this week covered the report by the Thrift bank, which announced a massive increase in mortgage lending for 2007, up by 11% to 84.4 Billion Philippine Pesos. And that was only one story of many that mentioned multi-million or multi-billion peso sums. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
Asia as a whole is predicted by analysts to be the world region most likely to see continued and strong growth throughout the turmoil endured by the global economic infrastructure, but the Philippines is even exceptional for being within Asia.
So, with so much growth potential, David Stanley Redfern's Manila apartments in the twin-tower Lancaster Atrium development are suitably priced to make the most of the Manila boom.
Starting from £28,000 for an unfurnished studio, £33,000 with the least expensive furniture pack installed, that Atrium apartments are "set to double in value in the next 2 to 4 years," according to Liam Bailey Head of International Research for the overseas property specialist, he continued:
"Based on other Asian capitals, now established markets like Bangkok, and those that began their growth cycles before Manila, like Phnom Penh, Cambodia, 25% annual capital appreciation is easily achievable for Manila. The downside constantly mentioned for Philippines property investment on forums is the high Capital Gains Tax, but as I told one person on a forum:
Panama city property prices grew by 50%, between early 2006 and early 2008 putting capital appreciation at 25% per year for the past two years, in Cambodia, many people have bought and sold 6 months later for 12% more than they paid, and bought and sold in a year for 24% more than they paid, putting Cambodia capital appreciation at 24-25% year on year. Manila is showing similar economic growth, and attracting similar new businesses and development as both those cities did at the start of their growth cycles. I'll put myself on the line, if I bought now and sold in four years time I would expect to be left with double what I paid, even after paying taxes."
Operations Manager Jason Killingback chimed in:
"The Lancaster Atrium towers are selling like hot-cakes, the first tower, which was recently completed, was sold out well in advance of completion, and the second tower has only a few apartments left. The photographs of the finished first-tower apartments have proven a valuable visual aide in marketing the second tower."
Prospective investors who see the potential of Manila investment property are advised to act swiftly to avoid disappointment.
Find out more about property Philippines and buying property in Philippines.
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Money to Be Made in Manila
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Montenegro Property Will Go From Strength to Strength
Montenegro joined the European Union's (EU) Competitiveness and Innovation Programme Monday 05 March2008. Their membership will see the European Commission (EU's executive arm) actively promoting innovation, entrepreneurship and growth in Montenegro's small and medium size enterprises (SME's). About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
The European Commissioner responsible for the EC's industry and enterprise policies Gunter Verheugen, said Montenegro had affirmed it's European aspirations by joining the CIP program, and added:
"Participation in CIP, and, in particular the cooperation in the new Enterprise Europe Network, which Montenegro has already successfully entered, will help Montenegro to increase the competitiveness of its enterprises, in particular SMEs."
Since it split its loose political union from Serbia in 2006, Montenegro has joined several world institutions in its own right, including the World Bank and International Monetary Fund, the latest two are in preparation for its eventual entry into the EU.
According to the CIA World Fact Book, the privatisation of their largest industry, Aluminium, has been good for the economy, as well as increased Foreign Direct investment through tourism.
The latter will be further increased now that the government has relaxed the laws preventing foreigners from buying land in the country. Now that foreign entities can buy actual plots of land for development, I foresee possibly a trump towers in Podgorica, maybe a Hilton, but definitely some of the major tour operators buying up land for development as tourism to the country increases as it has.
If the global market slow continues, the developing world's most beautiful places, like Montenegro, Albania, and others will become even more popular with tourists because they offer cheaper holidays because of the low cost of living. It would be wise to invest in a property there and wait for the changes ahead.
If you agree David Stanley Redfern's off-plan apartments in Lustica, Zambellici could be the perfect choice. In one of Montenegro's long popular coastal areas, the apartments, which all have sea views surprisingly start at only £50,000. They have a communal swimming pool, fitted bathroom: electric water heater, wc, wash basin, shower, fully tiled walls, tiled floors and double glazed windows.
Find out about property Montenegro and buying property in Montenegro.
© 2009 Footprints-SEO.com
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Costa Rica: Economic Strength by Adaptation
The Costa Rican government has announced that its economy will not suffer a downturn from the U.S. slump. For the first time in 50 years the Costa Rican government was left with a $174million budget surplus. It is expected that the U.S. slump will do no more than limit Costa Rica's growth to 3.8%, down from 6.8% last year. Costa Rica has long been one of the best developed Latin American countries, because of forward thinking leadership. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
Disbanding the military in the 70s freed up millions of dollars to develop the country's health and education sectors as well as the infrastructure. Thanks to that move, Costa Rica has a 95% literacy rate and one of the best educated populations in the Southern Hemisphere.
From starting life as a banana republic reliant on Banana and coffee exports, Costa Rica now has flourishing hi-tech and medical manufacture and export sectors, and services sector, on top of a rapidly growing tourism sector and successfully diversified agricultural export sector.
The hi-tech sector has attracted companies like Panasonic and Intel, the latter having invested some $800million into Costa Rica's coughers, with plans to invest a further $90million this year. 11,000 Costa Ricans are employed in the hi-tech industry, and hi tech exports were valued at over $2million in 2005. The fact that Intel has invested so heavily and continues to invest shows that it is still a growth sector. Working from developing countries like Costa Rica keeps costs down and profits up -- a portion of which is then reinvested in said developing country thus keeping the growth cycle going.
The agriculture sector has had to diversify because of regional competition and a changing global economy, but Costa Rica's agricultural industry has stayed strong by changing with the market. Costa Rica has complimented its original coffee and banana exports with pineapples, watermelons, papaya and tropical flowers, as well as diversifying agricultural methods to capitalise on new fair-trade exports, and luxury organic produce.
Costa Rica's perhaps less talked about industry is its flourishing services sector, with companies like Western Union, Microsoft, Unisys and Oracle operating call centres in the country.
Tourism to Costa Rica grew by 10.6% 2006-2007, receiving over 1.6 million visitors last year. Costa Rica has also been clever enough to diversify its tourism industry to keep up with demand, and is now offering eco-tourism holidays and medical tourism (plastic surgery) holidays.
This ability to adapt to changes in the global economy makes the outlook for Costa Rica's economy bright, and a property investment there even brighter.
Find out more about Off Plan Property and Emerging Property Markets.
© 2009 Footprints-SEO.com
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Canary Island Tourism Recovery Boosts Property Market
The Canary Island of Tenerife attracted 1-1.5 million tourists in 2007, from Britain and Ireland alone. And rightly so, from a British perspective it is the only place you can fly to within five hours and have a t-shirt and shorts holiday in January, or any time of the year for that matter. Liam Bailey, head of international research for overseas property specialist David Stanley Redfern explained the Islas Canarias attraction: About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
"It has always amused me how us Brits complain about the cold in winter, but in summer when we enjoy heat-waves we are running about complaining that we are too hot and you can never get a happy medium. The Canary Islands are the happy medium we are all looking for. Tenerife's strong tourism sector accounts for around 60% of its GDP, and in a joint effort the Canary Islands are doing everything in their power to maintain high levels of tourism. Alongside hosting the Association of British Travel Agents seminar in January, Tenerife's popularity over the year, and the economy's reliance on its tourism sector, means the infrastructure is well developed and a wide range of activities are on offer."
Surfing, snorkelling, scuba-diving, fishing, sailing, ab-sailing, para-gliding, golf, and horse-riding to name but a few of the activities tourists to Tenerife can take part in. All the above gave Tenerife a lot to promote itself on when it hosted the Annual meeting of the Association for British Travel Agents in January. According to Tenerife Based news portal tenerifenews.com the meeting was very good for the island:
"Guests were told that “Tenerife is much more than year-round sunshine, beautiful beaches, a rich and varied landscape, friendly vibrant bars, great food, wine and stylish clubs. It has a sparkling cultural background and an amazing choice of attractions.”
After being shown glimpses of them during the four-day event, delegates said they just had to agree."
Most of David Stanley Redfern's Canary Island investment properties are on Tenerife and you can view them all as well as reading more info on the Canary Islands as a whole at:
http://www.davidstanleyredfern.com/investment-property/canary-islands/
Find out more about property Canary Islands and buying property in Canary Islands.
© 2009 Footprints-SEO.com
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Canary Island Tourism Recovery Boosts Property Market
The Canary Island of Tenerife attracted 1-1.5 million tourists in 2007, from Britain and Ireland alone. And rightly so, from a British perspective it is the only place you can fly to within five hours and have a t-shirt and shorts holiday in January, or any time of the year for that matter. Liam Bailey, head of international research for overseas property specialist David Stanley Redfern explained the Islas Canarias attraction: About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
"It has always amused me how us Brits complain about the cold in winter, but in summer when we enjoy heat-waves we are running about complaining that we are too hot and you can never get a happy medium. The Canary Islands are the happy medium we are all looking for. Tenerife's strong tourism sector accounts for around 60% of its GDP, and in a joint effort the Canary Islands are doing everything in their power to maintain high levels of tourism. Alongside hosting the Association of British Travel Agents seminar in January, Tenerife's popularity over the year, and the economy's reliance on its tourism sector, means the infrastructure is well developed and a wide range of activities are on offer."
Surfing, snorkelling, scuba-diving, fishing, sailing, ab-sailing, para-gliding, golf, and horse-riding to name but a few of the activities tourists to Tenerife can take part in. All the above gave Tenerife a lot to promote itself on when it hosted the Annual meeting of the Association for British Travel Agents in January. According to Tenerife Based news portal tenerifenews.com the meeting was very good for the island:
"Guests were told that “Tenerife is much more than year-round sunshine, beautiful beaches, a rich and varied landscape, friendly vibrant bars, great food, wine and stylish clubs. It has a sparkling cultural background and an amazing choice of attractions.”
After being shown glimpses of them during the four-day event, delegates said they just had to agree."
Find out more about Canary Islands Property and buying property in Canary Islands.
© 2009 Footprints-SEO.com
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Hunt for the Next Spain Part II: Costa Rica
Costa Rica made it into my list of top ten destinations in the world to make a property investment in, and is certainly a contender for the country to become as popular and as successful for property investors as Spain is and has been respectively. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
Ok, the property isn't the cheapest but there is massive potential for profit. Costa Rica is a gorgeous place -- positively vibrant. It has both a Caribbean and Pacific coastline, which not only gives it fantastic beaches, but also allows visitors and property investors a choice of climate, humid heat or dry heat -- it is cool in the centre.
Lush vegetation, jungles, tropical plant-life, and awe-inspiring volcanoes, as well as sun, sea and surf are all attracting tourists and property investors. On top of its aesthetic benefits Costa Rica is one of the most secure and stable of all the Central American countries. It also has a really good infrastructure.
In fact, the stage is set for Costa Rica to enjoy massive and sustainable growth for the foreseeable future -- in every industry. Costa Rica just signed the CAFTA, Central America Free Trade Agreement, its major export: micro-processors is a growth industry, on top of all other famous South American export goods like Coffee and Cocoa, and that is before we even mention tourism.
Like I said Costa Rica can easily rival Spain, the popular Caribbean resorts already rival Spain, but they are out of most people's price ranges. Costa Rica's emerging state means living costs are low so it provides an excellent low-cost Caribbean holiday. Little wonder that rental yields are very rarely under 12%.
Dominican Republic offers the cheapest Caribbean holiday, and the cheapest property, but for the extra money Costa Rica surpasses because of its infrastructure and stability. Costa Rica also has a very competitive taxation system; the first $2,698 earned from rental is exempt from taxation, after that it is taxed progressively between 10% and 25%. Capital Gains tax is not charged unless it is from a recurring (habitual) transaction, inheritance and gift tax is only 1-2%, and total round-trip transaction costs are a moderate 8.58 - 13.58%.
In short Costa Rica is doing everything right to ensure it sees continued growth, in its export industry in foreign direct investment and GDP growth, making it well worth considering as a destination for an overseas property investment.
Find out more about Off Plan Property and Emerging Property Markets.
© 2009 Footprints-SEO.com
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Caribbean Cabarete is Hard to Beat!
For the vast majority of people looking to find paradise here on earth, the Caribbean is predominantly first and foremost in all our minds. Images of tranquil surfs gently breaking on golden beaches and clear blue skies featuring the most heartwarming setting suns can occupy both your mind and time with dreams of a seemingly unreachable location. But now, exclusively through David Stanley Redfern Ltd, an overseas property investment specialist, a one, two or three bedroom residence that’s surrounded by all of the majesty your heart can conjure could be yours from an astonishing pre-construction price of 100, 000 euros. About DSR Asset Management Ltd DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds. Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property FootPrints SEO is search engine marketing and online marketing agency based in the UK.
Welcome then to the enchanting beach-front Oasis development, an intimate resort situated by the Caribbean Sea on Cabarete Bays, Camino Del Sol beach, a little known haven in the mesmeric Dominican Republican!
Enriched with the surrounding tropical landscapes that host a range of mountain views and elegantly finished architecture that incorporates hand carved Caliche stone, the trunks of palm trees and bamboo, this secluded hideaway offers you an incomparable and highly enviable serenity!
Deserted beaches and their many winding paths await you in Cabarete, along with an abundance of stunning natural pools, fountains and flower gardens. With local amenities that include shops and restaurants within walking distance, you’ll never be left any higher or dryer than you desire! So if peace and quiet is what you’ve been searching for, this is surely for you!
However, being only minutes away from downtown Cabarete, the city’s entirely contrasting environment with all the hustle and bustle can might expect, bringing the best of both worlds to your sun baked sandy shores of seclusion might be a whole lot easier than the initially taxing task might seem!
But how on earth will I fill my days you might well ask! Well, even before you set foot beyond your private resort and the surf shop, swimming pools, natural waterfalls and Jacuzzis it offers, consider this…for those of you who want more than to soak up the rays as you waste away days lazing in the blazing sun, there’s always kite, boogie and body boarding at your behest, with just a twenty minute stroll between you and the rolling waves!
Is the idea of a dream come true forming in your mind yet? Wait until you’ve seen your actual living area, you’ll be left speechless! With their vast array of high quality specifications, modern fixtures and appliances throughout, these residences feature private spas, balconies and patios to accommodate your leisurely lounging and air conditioning to cool you down accordingly. Telephone and internet connections are at the ready with floors and counters that are made of natural stone and tile to accentuate the beauty of each and every hardwood cabinet.
The peace of mind that comes with around the clock security for all, adds a nice touch to finish these more than attractive and very much exclusive investment opportunities. With an estimated closing date of autumn 2008, they’re being snapped up unsurprisingly fast, so why not look into the varying homes, specifications and pricing structures and find one that’s just right for you at David Stanley Redfern Ltd now.
Find out more about property Dominican Republic and buying property in Dominican Republic.
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Labels: Carribean, David Stanley Redfern, Emigration, Holiday home, Investment, Overseas Property, Rapidly Expanding Markets, Retirement
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