The Mortgage Explorer Blog

Cape Verde presents an opportunity to invest in a country whose property market and tourism development are still in its infancy.

A growing and stable political and Socio-Economic environment provides the key to investing in Cape Verde. Its democratic government is supportive of direct foreign investment with a rapidly developing and adaptable local infracstructure. The currency Cape Verde Escudo is tied to the Euro.

It is looked upon by investors as an emerging market, comparable to Spain 15 years ago. Continued direct foreign investment, a tropical climate, growing demand for quality bedstock and the success of a new International Airport have and will continue to attract visitors to Cape Verde Islands.

Air links between Europe and Cape Verde are being boosted by the introduction of a 3 flights a week by Air Portugal. The move may help those keen on investing in Cape Verde, especially if they wish to combine this with investing in Portugal as well.

As for the climate: dry tropical with average temperatures ranging between 21C to 31C and water temperatures between 22C and 27C. 10 to 12 hours of daily sunshine for most of the year with no record of tropical storms or hurricanes , well known for its stable climate.

Its large, untouched expanses of white sand beaches are constantly washed by the clear warm waters of the Atlantic Ocean.

New Zealand’s House Prices at 10-year high.

Whilst house prices in many parts of Europe and United States are still very sluggish, New Zealand is seeing its house prices hitting a 10 year high in November 2009. The sudden price surge has left economists shaking their heads. This month it has taken only 31 days to sell a house on average, compared to 33 in September

The increase estimated to have reached an annualised rise of 13.1% through a shortage of listings, low interest rates and rising net migration respectively.

Meanwhile the Governement is introducing its Entrepreneur Plus Immigration legislation- effective on November 30. It will grant fast track to residency to foreign would be business migrants willing to invest 500,000 NZ Dollars in their business and create at least 3 fulltime jobs. The most interest has come from USA, Britain, India, the Phillipines and Ireland.

Portugal Tipped As Top Destination

With Portugal pulling out of recession, the European Commission predicts that Portuguese economy will do better in 2010 than previously expected. Having rebounded from a property slump Portugal now sees property prices starting to follow a positive trend.

As a new International Airport opens at Beja, an influx of tourists and property bargain seekers are expected to follow. Such a situation could help bolster the property market at a time when the country’s economic conditions improve.

Here, a special focus on Golf Property and Investment opportunities because such properties are ideal for golfers as well as for Buy-to-Let investment buyers.Whilst golf property takes advantage of a very busy ‘low season’ with many golf enthusiasts flocking to Portugal to enjoy golf holidays in excellent weather, for the investor, this offers a constant flow of rental clients and makes golf investment property the favourite for buy-to-let investors.

Turkey Expected To Lower Interest Rate

Turkish homes may be 7% cheaper if the Turkish Lira drops in value following an expected lowering of interest rate in Turkey. As we near the end of 2009 many economists reckon that the rate of borrowing will soon decrease.

Already Turkey is enjoying a surge in tourist trade fuelled by Britons deserting Euroland for Turkey to holiday in. Sterling after a battering against the Euro, finds more favourable exchange conditions against the Turkish Lira.

The influx of British holiday makers have caused a surge in Buy to Let rentals in Turkey and should the Turkish Lira fall further, time to invest in the Turkish property market, may never be as good as now.

FOR MORE INFORMATION AND EXPERT GUIDANCE ON THE TURKISH PROPERTY MARKET & MORTGAGE FACILITIES, PLEASE CALL THE MORTGAGE EXPLORER ON +44 1425 627511 OR COMPLETE THE CALL BACK REQUEST FORM LOCATED THROUGHOUT THIS WEBSITE

WHY INVEST IN GERMANY?

Germany is the biggest economy in Europe with the most undervalued property market according to the OECD. Where the average tenancy is 7 years and yields of 12%+ are a reality. It is a country with a sophisticated rental market- between 60-85% residents are tennants, depending on city. In turn, this leads to truly cash flow positive investments. You can buy with assurance. The German legal system and land registry are as secure as anywhere in the World.

No capital Gains Tax after 10 years.

SOME FACTS:

Up to 80% finance on a property is possible, through The Mortgage Explorer

Typical Finance is around 3.9% for a 5 year Fix Mortgage or 4.6% for a 10 Year Fix

German Tenants remain in their apartments for an average of 7 years

Management costs are very low, around 5% for full house and tenant management

Apartments are let on an unfurnished basis, with tenants often supplying their own kitchens, lighting and other fitments

FOR MORE INFORMATION AND EXPERT GUIDANCE ON THE GERMAN PROPERTY MARKET & MORTGAGE FACILITIES, PLEASE CALL THE MORTGAGE EXPLORER ON +44 1425 627511 OR COMPLETE THE CALL BACK REQUEST FORM LOCATED THROUGHOUT THIS WEBSITE