What Are The Best Locations To Buy An Overseas Property?

By Laura Cheshire

Where to buy abroad? That is the big question! If you're thinking of investing in overseas property wouldn't it be perfect to find an undiscovered paradise where property values will increase ten-fold in the next three years! Yes it has happened before but for every investment success story there are more that haven't fulfilled their potential.

The best location to buy abroad comes down to what you want the property to do for you.

If you require a regular income from letting the property you should look at locations with a good track record of demand such as Spain, France and Italy. You might consider speculating on up-and-coming areas such as Bulgaria, Turkey or Morocco, but bear in mind it could take time to provide a regular income.

If you're looking for a short term return on your investment then buying off-plan is one of the best ways to achieve this. Buying 'off plan' is buying a property before it is built. You buy often at a reduced rate due to incentives from the developer keen to sell. You then sell it on after completion often at a good return in a short space of time. You may even decide to sell before completion if the values have risen. If buying off plan then often the 'newer' countries in the market offer the best return. Places such as The Dominican Republic are becoming very popular with US and Canadian citizens due to better transport and the building of 'super resorts' such as the new development at Punta Perla.

A good property agent will offer you advice on the best options available.

If the property is to provide a long term return on your investment you have more options. As with any investment you have to decide how much risk you are prepared to take. For example, Spain is probably one of the safest countries to buy due to demand, but the return may not be as much as an up and coming area such as Egypt or an, as yet, 'undiscovered paradise'.

If this is to be a holiday home for you then it's really quite obvious it should be somewhere you like! Keep in mind that you will be returning on a regular basis so the cost of flights should be included in your budget.

If the property is to be your permanent residence choose a location you are already familiar with and can speak the language with some confidence, or be prepared to take language lessons. Also consider the distance and ease of travel for family and friends who will want to keep in touch - and get a cheap holiday at the same time!

Take your time to decide the exact reason for buying abroad and this will create a shortlist of the best places. Visit the location if possible and talk to others who have bought there and talk to a reputable overseas property agent. If you do your homework you will be far more likely to meet your objectives and discover the joys of buying overseas.

Laura Cheshire has worked in the overseas property market for over 4 years and appreciates its a big decisions to make. She feels it is essential to find the right property and be within your budget. For more information and advice see buying overseas off plan property.

Article Source: http://EzineArticles.com/?expert=Laura_Cheshire

Aljawzaa Dubai Marina - Dubai Property Advice On The International City

By Sophia K

Aljawzaa is a union of conventional and contemporary structural design. It is located in the esteemed International City Phase 3, offers easy entrée to all the key attractions in Dubai.

Aljawzaa pretty much demonstrates Dubai's cosmopolitan make-up. The whole city of Aljawzaa is quite a big complex spread across eight hundred hectares of prime real estate. As Aljawzaa offers a wide array of business opportunities and residential options, this is hardly a surprise that it attracts lot of international as well as local investors.

According to a study, Aljawzaa will accommodate more than 60,000 residents in the coming years. In other words, Aljawzaa will play a prominent role in sustaining the region's booming tourism industry. Aljawzaa offers convenience and ease to both investors and residents. Each apartment is fully equipped with the latest facilities reflecting meticulous attention to every detail. All the apartments within the freehold development project are well priced and come with equally attractive payment plans.

The best part about Aljawzaa is that it merges conventional design with modern comforts, which in turn gives both residents and investor’s an opportunity and convenience for comfortable living as well as business. Aljawzaa offers residents a culturally diverse environment, thanks to the unique blend of global architecture. Comfort is the buzzword in Aljawzaa as the apartments are fully equipped with all the modern amenities.

Some Features of Aljawzaa Dubai Marina Apartments

• Outdoor swimming pool and garden
• Sauna and steam room
• Superior finishing with insulated walls and double-glazing
• Hi-tech gymnasium
• Heat, soundproof and double colored glass
• High quality doors and sanitary ware
• Fully furnished kitchens with brand name refrigerators, gas cookers
• Parking facilities

If you want to invest in real estate market of Dubai, investing in Aljawzaa is a very lucrative deal as not only location wise Aljawzaa is a profitable option but also there is no match for the kind of amenities that are offered here. However, before you buy any property in Aljawzaa or enter into any contract, make sure that you have read the terms and conditions carefully, to avoid any unpleasant consequences.

Sophia K is the webmaster for Dubai Real Estate Property Advice website, which provides you with the information about Dubai real estate and property markets advice to enable you to decide what to buy and where to invest sensibly in real estate property markets in Dubai, UAE region.

5 Questions To Ask Before You Buy Investment Property

By Alexandria Anderson

Deciding to buy investment property is one of the best decisions you will ever make for your future. However, it isn't something you can decide to do one day and then rush out and do the next. There is a process that you have to learn and lots of information to digest. If you think you have done that already and you are now prepared to go out and make your first purchase, here are five questions to ask that will help you to prepare.

What type of investment property are you interested in? Are you interested in a duplex, multi-unit complex, or perhaps just a single family home? Are you interested in commercial real estate? What about undeveloped land? How you answer this question will determine other things that you do later, such as how you go about financing your investment. It is also best to focus on a particular type of property so you don't go on wild goose chases and so your team knows what they need to clue you in on.

What area am I interested in? Are you going to invest in the city where you live? If not, what part of the country do you want to invest in? The Internet is the best resource for determining what area of the country you would like to put your time and resources into. Ken McElroy, author of “The ABCs of Real Estate Investing,” calls this Level I research. Later, when you have determined a part of the country and a city in which to look, you will need to decide what neighborhood interests you. You will find that during McElroy's Level II and Level III research.

Do you have a financing strategy? The type of property you are looking for (as well as your own assets) will determine how you can make your purchase. If it is a small property such as a house, you may want to pay for it outright. However, even if you don't have the money to pay for it, if it is a piece of property that has made money in the past, the bank will probably give you the finacing you need. They know that they will make money on the deal regardless of what happens to your investment. If you are looking at a large property that you can't afford outright, you will probably be able to find other investors to partner with you.

Is my team in place? You can't do this successfully without a team. That is simply because of the large amount of work involved, and so many different types of expertise needed, that you simply can't do it all. There is not enough time for you to become proficient enough with real estate law and accounting, plus broker your own deals and manage your own properties. You have to delegate. That is why McElroy recommends you start with an attorney, an accountant, a broker and a property manager. After that, you may also need appraisers, tax consultants, a surveyor, a structural engineer, an architect, an estate planner and more.

How much do you have to spend on repairs? This is essential. Knowing this will help you determine what areas to look around in because some areas may be full of old buildings or some newer buildings may actually be in need of a lot of upgrades. You will want to what you are getting into and whether you can handle it.

This isn't a a complete list of questions. Once you embark on your real estate investing adventure, you will find a never-ending list that you will need to address. But these will get you going on the road to asking yourself the right kinds of questions. Sometimes asking the right questions is more important than the answers themselves.

About the Author: Alex Anderson is a licensed Realtor from Minneapolis, MN who specializes in Minnesota Investment Property. Visit her website at
http://minnesota.greatinvestmentproperty.com for more information on Minnesota Real Estate Investing.