As a result, investor interest in Dubai’s residential property sector continues to increase. This has been most apparent in areas where tenants seek out lifestyle developments aligned with their aspirations. This has created high demand and rising occupancy rates for some of Dubai’s most desired residential districts, particularly Emirates Living, Downtown, Dubai Marina and Palm Jumeirah.

Strong performance in Dubai’s property market has been reflected in real estate and related stocks which helped lift Dubai’s index 2.2 percent to its highest close since September of last year.

As explained by one of the Middle East’s largest private developers, the rental return on real estate investments in the UAE are at least three times higher than having cash in the bank. The rate of interest on a six month fixed term deposit at HSBC is 2.1% compared to rental yields in the UAE of between 7 – 12%.

Dubai’s rapidly recovering real estate sector has significantly aided the UAE’s wider economy which continues its impressive economic growth with another year of strong performance. The UAE recorded economic growth of 4% in 2011, following growth of 1.4% in 2010 and 1.6% growth in 2009. In 2012 the UAE is again to reach a 4% growth with Dubai likely to show similar performances, according to a report prepared by the CBRE Dubai Research Team.

This positive mood and improved confidence was reflected in the Consumer Confidence Index (CCI) from the Department of Economic Development (DED) which rose 15 points to 125 during the final quarter last year. Respondents were most optimistic about the economic recovery, personal finances and job creation.

Dubai property prices up 5% on last year Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The gradual improvement of Dubai’s real estate market through-out 2011 was helped by several factors including the Arab Spring which saw capital flowing into the emirate as the safe haven of the Middle East.

Properties in prime locations saw the highest increase in values attracting high demand from local residents and investors alike due to better standard of living and higher than average rental returns.

Property in Dubai is expected to increase more sharply in 2012 as market confidence fully recovers.

Dubai property prices up 1.09% in December Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

CBRE, a world leading real estate advisor recently released a report that stated £863 million was invested into student accommodation in 2011.This figure represents a significant increase compared with 2010 which saw £770 million invested into student accommodation and a staggering 120% increase on the amount invested in 2009.

The considerable demand for student accommodation amongst property investors has been driven primarily by a low supply and high rental returns relative to standard UK property.

The head of residential research at CBRE, Jennet Siebrits said “Student accommodation is more attractive than many other asset classes in the current climate and we have seen increasing interest from relatively new parties seeking to diversify their portfolios.”

New parties include a growing number of overseas investors who see the UK as a safe and stable market place where they can obtain student accommodation for as little as £50,000 and gain high NET rental yields of between 7 – 9 %.

The report also highlighted that student accommodation occupancy rates in the UK currently stand at 99%. This incredibly high demand for student housing amongst students has seen annual student rents increase by 4% across the country and 5% in London.

Knight Frank, a prominent industry expert also reported on the changing face of the student accommodation market. They identified that the growing number of overseas students, mature students and wealthy students would create further demand for the higher quality tier of the market over the next few years.

Source: The Telegraph

Student accommodation leads the UK property market Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

€250 million will be invested into the Costa Calida to create an oil lubrication plant as part of an agreement between South Korean firm SK, and Repsol. The plant which will be fully operational in 2014 will create 1000 jobs in Murcia and produce over 13,000 barrels a day establishing it’s self as the largest plant of its kind in Europe.

Murcia will soon also be home to the world’s first large-scale solar power plant creating electricity for more than 15,000 homes. The Murcia region possesses the perfect weather conditions for such a plant and the future possibilities for further solar R&D in Murcia are very likely.

With such high levels of investment consistently flowing into Murcia’s various industrial sectors, the numbers of jobs are rising sharply creating more demand for property in the area as a result. In addition to the highly anticipated Paramount Theme park expected to attract millions of tourists to Murcia every year increased levels of worked will inevitably push up average property prices and rental rates over the coming years.

Huge investment adds to property demand in Murcia Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Figures show that tenants across the UK have been snapping up properties within 12.7 days of them becoming available, down from 13.5 days in 2010. In some areas “homes are coming on the market and being let within hours”, a spokesperson for the lettings agency said.

The research shows that on average, five tenants were competing for each home with some parts of the country seeing this figure rise to 7.3. These findings provide further evidence that competition for rented properties is highest from those who are often frustrated first-time buyers. This competition has resulted in rental prices hitting record levels.

Despite an increase in the number of properties becoming available, there is still a scramble for quality rental properties. One leading property agent stated that “despite having over 1,300 lettings across the UK, instructions were up by 9.2% over the quarter”

The figures echo the Bank of England’s recent report, Trends in Lending, which showed a steep rise in buy-to-let mortgages as investors looked to benefit from record rental prices.

“It is becoming clear that tenants understand there is a race for rental properties, with many setting up email and SMS alerts with their local letting agent to know instantly when properties become available” a leading source stated.
Couples under 35 years-old remain the largest portion of tenants, highlighting that demand for one and two bedroom properties is at its highest, with the majority being snapped up extremely quickly.

Source: The Guardian, November 2011

UK rental market soars to all time high Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

On the surface this sounds crazy? Capital gains tax on investment property profits is rising, though more modestly than feared, and spending cuts may destabilise the broader economy over coming years. So why should landlords be looking to re-enter the rental market now?

Three key reasons. Firstly, property mortgage lenders are reintroducing more and cheaper buy-to-let mortgage products. Three years ago there were 3,650 mortgage products for landlords which fell to less than 180 by late 2010. Yet now there are over 300 and rising, some offering 80 per cent loan-to-value and thus easing cash deposits and cash flow for buy to let landlords.

“With property prices increasing, more lenders are likely to edge up their maximum loan-to-values. It’s only a question of when this will happen. While there is little choice of re-mortgage deals this isn’t an issue when interest rates are so low,” comments Melanie Bien, a director of specialist broker Private Finance.

Secondly. Rental yields are relatively high, typically averaging 4.54 per cent across the United Kingdom and averaging just over 7% per cent in certain parts of London. In 2008 they dipped to just 2% and less in many places. Rental returns in most London boroughs and UK cities have risen throughout 2011; London suburbs Havering and Haringey have risen to more than 10% while average returns in Greater Manchester is up 9%.

Thirdly, demand. Large city centres are well stocked with flats to let and some landlords still have periods when their properties are empty. However in many other locations, and the majority of cases, especially where house prices have risen, first-time buyers bolster rental market demand.

As a result of all three factors, many landlords are being drawn back to the property rental market, however buyers are cautious where they are buying and at what price point. Many are careful with city centres apartments favouring older properties unless they can achieve large price reductions, often with rental guarantees, with developers keen to shift their newbuild apartments.

The days of making a quick return on your money have been replaced by steady income investments with an upside of gentle long-term capital appreciation. Compared to the low returns of many alternatives, the core factors of UK buy-to-let seem to add up with landlords steadily retuning to capitalise on improved financing options and cash flow positive returns.

Source: The Telegraph

UK Buy-to-let edging back? Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

There is further good news for those who have invested in Turkish property as average rental rates have also increased. Average rental values jumped by a staggering 1.07% in just one month according to REIDIN’s findings, which is all the more impressive given the time of year.

While average prices and rental rates have increased significantly across the board, some regions have excelled. Istanbul for instance boasts one of the fastest growing real-estate markets in the world. From September to October, Istanbul property prices increased by 0.88%, while rental rates increased 1.26%.

Turkish property prices continue to rise Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The founder of Campaya, Claus Pedersen explained why Dubai was so popular amongst Brits.

“Dubai is popular because of what it guarantees: sunshine, great beaches, excellent shopping and luxurious restaurants. For many the fact that the recent property crisis has resulted in some exceptionally luxurious properties being available as rental properties at great rates is making Dubai extremely popular this Christmas,”

The poll also found that the Caribbean and Egypt ranked highly amongst the most popular Christmas destinations, differing from the top summer locations which are Spain, France and the US

Source: The Telegraph

Dubai tops Christmas holiday destination list Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Just 3 penthouses left in the Torch, the tallest residential tower in the world! The Torch occupies an enviable position at the mouth of Dubai Marina. The 86 storey super tower boasts stunning views of the Marina itself and out towards The Gulf and the Palm Jumeirah. Owners have access to a list of excellent facilities including a pool, sauna, steam room and concierge service. With a growing demand for high-quality rental property on the Marina, The Torch’s prime position creates a number one rental opportunity and properties here will consistently achieve between 9 -12% per annum.

Buy on the day to receive a luxury furniture package worth over 450,000 AED. Register Today to Book an appointment. Call now to book appointment 04 446 2756 or Email. Sales@selectproperty.com

The Torch Penthouse Open Day – Thursday 17th November Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

This has created a huge demand for rental properties in the UK, especially in city centres where properties can be let within hours of becoming available.

John Hards, co-managing director at Countrywide Residential Lettings, said: “Tenants now understand that properties aren’t staying on the market for long, and many are setting up email alerts and SMS alerts with our branches to know instantly when a suitable property becomes available so they can arrange viewings.

As a result rental rates are rapidly increasing therefore pushing up the overall yields a property in the UK can achieve. While this is bad news for much of the market who can’t afford their own home, those with enough capital to buy a second property or gain a mortgage are benefitting from some of the highest monthly returns on record.

The achievable rental returns from UK property have now attracted the attention of overseas investors who not only see the UK as a good market to make money, but also a safe and secure place to invest. For the first time a balance has been reached where investors from emerging markets are now wealthy enough, and equally, property in the UK is cheap enough for them to enter the market.

Director of Select Property Giles Beswick commented, “Historically, we specialised in selling overseas property to UK investors but now we are successfully selling a lot of UK property to our database of overseas investors. The most successful UK projects in recent months have been city centre apartments in Liverpool, fully managed schemes with rental guarantees and also student accommodation.”

Source: The Guardian

UK property becoming popular with overseas buyers Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Emirates 24 7 asked several leasing companies within to Dubai to find they all held Dubai Marina amongst their top three in terms of demand for rentals. There are numerous reasons for the Marina’s emergence as the neighbourhood of choice in Dubai, however it all seems to stem from the fundamental rule of location, location, location.

Positioned on the main arterial road through Dubai, just 5 minutes from the major business districts and running adjacent to the famous Jumeirah Beach, Dubai Marina really unites prime city centre living with a 5 star holiday destination.

It’s because of this ideal positioning that Dubai Marina is home to a district of ‘Manhattan style’ sky scrapers including the world’s tallest residential tower, The Torch as well as the Dubai Marina Walk, a famed social spot lined with shops and cafes.

As a result, property located within the Marina attracts a wide spectrum of buyers and tenants as no other area offers the complete work and lifestyle balance that can be found on Dubai Marina.

Emirates 24 7 went on to report that rent for a one-bedroom in Dubai Marina is between Dh55,000 to Dh75,000 and in some cases goes up to Dh85000 or even Dh90,000, whereas a two-bedroom can be leased for anything between Dh70,000 to Dh140,000.

Source: Emirates 24 7

Dubai Marina property the favourite amongst tenants Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Turkey’s economic growth of 11% in Q1 exceeded every other country in the world by over 2%, the only nation to achieve double digit growth and outpacing China, the second fastest growing economy. Q2 was equally impressive as Turkey developed faster than even India and bettered European growth by over 4 times!

The country’s tourism levels have witnessed similar leaps and bounds over the last few years and now Turkey is the seventh most visited country in the world according to the World Tourism Organisation. Since 2000, Turkey’s year on year tourism growth has been consistently rapid; however 2011 has been extremely impressive. Istanbul recorded a 30.1% increase in tourism revenues in Q1 alone making it the 34th richest city in the world measured by GDP.

Turkey’s dynamic expansion as created a severe shortage of real estate. Supply is not forecast to catch up until at least 2015, which in turn has placed increased upward pressure on prices and rental rates. Istanbul is particular stands out as one of the most in-demand property locations in the world.

As one of the fastest growing cities in the world Istanbul is currently out-pacing every other European metropolis with exponential growth of late. The annual supply of just 180,000 residential units in Istanbul is being completely out-stripped by the yearly demand for over 250,000 homes a year. As result owners are enjoying rental returns of anything between 7- 12% per annum with expected capital gains of over 30% over the next 3-4 years.

Turkey – the world’s leading property hot-spot 2011 Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Reports from industry experts of the ground have also identified the Algarve as the region best positioned for growth over the next few years. Statistics from the Instituto Nacional de Estatistica revealed that the Algarve is the best performing region of Portugal in terms of real estate with growth in prices from Q1 to Q2 of 2011.

It has been suggested that Portugal’s property price recovery which seems to be centred around the popular holiday spots is directly linked to Portugal’s very successful summer for tourism. Portuguese airports recorded their highest passenger numbers in over ten years this summer as tourism was significantly boosted.

The increased tourism levels have pushed up rental rates and therefore have aided overall property prices in places like the Algarve and Silver Coast which are both extremely popular with northern European’s especially.

Portugal property outlook positive Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Following the dramatic price correction caused by the global financial crisis, Dubai’s property market matured to become more segmented, comparable to established cities like New York, London or Paris. Fluctuations in Dubai’s real-estate values began to depend on ‘real demand’ dictated by the quality and desirability of certain properties within different districts.

As a result, Dubai’s property prices haven’t moved in a uniform direction for three years, with some hot spots like Dubai Marina and Downtown experiencing growth while less desirable areas have continued to witness price declines. The Gulf news recently reported on how Dubai Marina and Downtown Dubai were ‘bucking the trend’ by gaining high rental demand due to the two districts exclusivity which then pushed up prices.

However the latest data from REIDIN, a world leading real estate information company, has found that prices have now risen across the board. More importantly, this price increase has been recorded in Dubai’s quietest month, which usually sees price declines due to minimal levels of tourism and Ramadan which dominates the entire month.

This is a significant point in Dubai’s road to recovery. The Emirate’s economy is already expected to grow at a much faster rate than the major European nations or the USA this year according to the IMF, but with the added boost now predicted from a growing property market, Dubai is very well placed.

This news has caught the attention of property investors worldwide who now have the security of knowing prices have not only hit the bottom, but values are already on the increase.

Source: The International Business Times, Gulf News

Dubai property prices increase 0.5% from July to August Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Tourism is a key industry sector that Spain’s government hopes will help boost their struggling economy. Banco Sabadell analyst Juan Rodriguez Rey commented, “There’s no doubt that tourism will give a boost,”

Spain’s tourism currently accounts for 11% of the country’s GDP and the government expects gross domestic product to grow by 1.3% in 2011.

Interestingly, The Times reported this week that Spain, according to the IMF, is the only country of Germany, France, Italy and Greece that will experience higher levels of growth next year compared with this year suggesting their economy is moving in the right direction, while the rest of Europe looks gloomy.

As Spain’s tourism sector improves, there is expected to be direct benefits for the country’s housing market with increased demand for holiday homes and prices inflated by premium holiday rentals.

Source: Reuters, The Times

Spain’s tourism at highest levels since 2007 Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

From September next year, new students will be asked to pay approximately 2.5 – 3 times more in tuition fees. This has put pressure on Universities in terms of housing their students for a number of reasons.

According to the DTZ property consultancy, there will be need to ‘diversify’ accommodation offered to students. Currently the market caters primarily for higher quality accommodation leaving a shortfall in the supply of mid-priced options.

DTZ said, “a focus on delivering en-suite accommodation priced within the mid-range of rental levels would be the most sustainable option against an unpredictable economic backdrop”

While developers will look to offer more affordable options, a recent survey of current and prospective students found that the majority expect Universities to create better value for money in terms of accommodation in the face of such inflated fees.

With Universities actively encouraging the creation of more student accommodation as they struggle to keep up with demand there is expected to be a strong market for new mid-level housing units that charge average rental rates of approximately £119 a week.

Source: OPP

Strong demand for ‘mid-range’ student accommodation expected Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The main bulk of licences were for manufacturing, however there has reportedly been a marked shift towards trading licences as well. The main driver for businesses to move to RAK appears to be price. RAK is approximately 15 to 20% cheaper to do business than anywhere else in the UAE.

RAKIA, the investment authority responsible for attracting businesses to RAK’s industrial zones reported that 29% of inward investment came from India, 19% from Europe, 19% from the Middle East, 15% from elsewhere in the UAE, 3% from the USA and the rest from Africa.

Alex Thomas, general manager of marketing at Rakia explained how recent turmoil in North Africa has aided investment.
“Companies going to Egypt or Syria would definitely come here to cater to the GCC and Mena region and set up a manufacturing base. The cost of the workforce is cheaper, there is no labour union and companies can get workers from anywhere,” he noted.

The growth of the industrial zones in RAK is expected to positively affect the emirates property market as a whole. With more business and workers setting operations there will be higher demand for property pushing up both the sales prices and rental values in the medium to long term.

Source: Gulf News

RAK continues to attract significant business investment Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Golf developments have thrived attracting a lot of investor attention while providing Spain with exceptional golfing facilities. There are a number of reasons why Golf properties have succeeded as investments where ‘stand alone’ properties have fallen short.

Firstly there is a higher demand for Golf property simply because of what it offers. Property near Golf courses appeals to Golfers for obvious reasons but it also attracts a lot of demand from expats and retirees as these properties are often easy to maintain and offer a higher level of security and community living. A gated Golf development acts as a source of constant entertainment, provides great views for all its properties and offers demand for your property when you’re not there as a holiday let; which brings us to the second reason – rental income.

The holiday-let aspect to this kind of property makes it a great investment. Golf properties are a great source of regular income with the Golf season lasting the majority of the year unlike other properties that rely on the prime holiday months for occupancy. May – August are simply bumper months for Golf property owners who can further capitalise on their investment. The strong rental incomes associated with these properties means they are always more likely to retain their value.

The combination of high rental yields and high demand meaning there are more exit options art re-sale have continued to attract investors to Spain’s Golf properties ultimately helping them hold their value.

Spanish Golf property values remain strong Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

However the most recent development in this process is that people now seem more focussed on quality as opposed to price. Low rental values are allowing tenants to upgrade however they are choosing to spend even more to live in their chosen apartment.

Over the past couple of years the major factor influencing tenants was affordability and people looked to save themselves as much as possible. Now the true extent of the gap between price and quality has been realised meaning that just 10,000 AED a year more can actually buy tenants so much more.

The Gulf News interviewed several people living in Dubai who have all upgraded. The most important things they all looked for were quality of property, size and location in relation to local amenities like schools, transport links and social hot-spots.

This on-going trend is predicted to directly affect the more desirable neighbourhoods in Dubai like Dubai Marina which have already seen strong rentals recently.

Source: Gulf News

Dubai’s ‘flight to quality’ improves rental rates Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The new data revealed that UK investors make up the majority of the market followed by Germans and the most popular areas for property purchase are around Marbella and Alicante.

The developer also highlighted that during the first 6 months of 2011, enquires for property had improved by a staggering 70%.

This information certainly suggests that prices have reached a level where excellent value is on offer; something that the majority of industry experts in Spain are now agreeing with.

Golf property is particularly popular. This property type is attracting a premium on the rental market and also at re-sale provoking interest amongst many investors.

8% growth in Spanish property investment Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Turkey continues to cultivate and grow its tourism industry in accordance with its ‘Tourism 2020 Vision’. This strategy will see it become one of the world’s most visited countries by the year 2020. The Ministry also released its forecast for 2011 which expects the country to receive over 30 million visitors by the year’s end.

Turkey’s considerable year-on-year tourism growth would appear to be significantly boosting both the country’s property market and economy. Recent data has revealed that property rental rates, prices and actual sales are all increasing. This makes Turkey one of the world’s only nations to witness genuine capital appreciation in real-estate at present. Even more impressively data recorded in the first half of the year identified Turkey as currently being the world’s fastest growing economy; the only country in the world to gain double digit growth, outpacing China by over 2%!

As Turkey continues to accelerate ahead of the rest of the world in terms of its economy, tourism growth and property price increases, the international investor community watches with keen anticipation.

Source: A Place in the Sun

Turkey property market boosted by 11% tourism growth Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Practical and high yielding, property has consistently outperformed Bonds and ISAs and has avoided the sharp fluctuations of the stock market. In these difficult times, no other investments today seem to offer the stability, simplicity and maximum returns that can be achieved from property.

One industry expert commented on the most recent dip in share prices saying,

“It’s very difficult to make regular gains on the stock market at the moment. Property is far more reliable these days and its growth trends are consistent enough for investors to make more informed choices when looking for growth – with shares you may as well put your finger in the air and guess with the way things have been going!”

This seems to be the mentality of many investors who have been quick to buy property in new growth markets like Turkey.

Giles Beswick, Director of Select Property re-emphasised the advantages of property over shares.

“At the end of the day, property value is never wiped out overnight like the price of some shares on the stock market recently. Demand from tenants won’t just disappear and Landlord’s rental incomes have been less affected by market uncertainty. If you have pension funds invested in property through a SIPP the chances are you are still looking forward to a comfortable retirement income, while those with pensions pinned to share price and dividends, even with FTSE companies, are probably worrying more right now.”

Interestingly, one market that has bucked the trend recently is Egypt. The country’s EGX30 index has slowly grown by 5.3% since its all time low at the beginning of August. This growth reflects the growing confidence returning to Egypt now business goes back to normal.

A relatively buoyant real-estate market pre-revolution, the returning confidence is expected to reflect positively on the country’s recovering property market.

Overseas property continues to outperform the stock market Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

This process has seen areas like Dubai Marina and the Palm Jumeriah experience upward pressure on values while mass-market real-estate across other less exclusive areas still struggles.

With tenants becoming more selective, the latest research has highlighted the effects the relatively new metro network has had on property prices across the emirate. Data compiled by industry experts in Dubai found that renters are prepared to pay 20% more for property near a station on the city’s metro network.

According to experts, the Metro network has added a whole new dynamic to Dubai’s real estate market forcing the rental disparity between desirable and less desirable areas even more significant.

Once again, property on Dubai Marina in particular has benefitted as the Marina boasts a metro station of its own. Moreover, prices are expected to increase further for properties within easy reach of Metro stations as the network opens up new lines, effectively increasing the catchment area for commuters.

Dubai property near Metro stations gain 20% more rental Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

It is relatively simple for a non-German investor to own property in Germany. The German government does not limit foreigners from owning properties. It is even legal to own rental property or to develop property as a foreigner. Citizens from other European countries may even have the advantage of access to residency and labor rights. Although the properties are available for foreigners, it is highly recommended to employ a legal professional to handle all of the necessary paperwork that comes with German property ownership.

Any non-German investor buying German property should perform extensive research on all aspects of property ownership. There are many income tax laws that apply to ownership, and to rental income. There are also laws that can protect tenants. As a German landlord, it is best to make yourself fully aware of every aspect of the business. It is also advised to research the locations that you are interested in investing. For the investor looking for a holiday home, you should find the areas that cater to your specific interests. But if your property ownership is geared toward obtaining rental income, you should research the cities that have a high volume of renters. Cities like Hamburg, Frankfurt, Munich, and Koeln all have high levels of renters and are a great potential of earning for a German landlord. Research is the key to finding your best investment.

Property in Germany Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Property in The United States Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Let Mortgages provide overseas consumers a sleek approach to investing in higher cost or multiple properties, designed for investors whom are interested in the benefit of tenant rental income for loan pay off, maintenance expenses and of course capital growth. Under the UK’s Shorthold Tenancy Act, special schemes are offered to expatriate buyers, UK residents and foreign nationals for personal or commercial letting use. Up to 100% of the financing on cross-collaterising investment mortgages may be attribute to purchases across several or more properties or assets. This includes collateral such as International Bank Guarantees, Investment Portfolios and Offshore Bonds.

Unlike bank loans which are sometimes difficult for foreign investors to attain in the UK buy to let mortgages are unregulated by the national Financial Services Authority (FSA) where not stated as ‘primary residence’ in application. Rate indexes on buy to let loans are generally available at a mere 1.5% – 3% above UK base rate or Libor rate, with outstanding loan to values up to 75% and terms of interest up to 25 years. Currency exchange according to home income rate is also available as part of the pay-off option. Whether a small apartment or a large country estate, the UK is nothing short of accommodation in property investment.

Property in the UK for Overseas Investors Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Australia has purely embraced green constructions due to increased demand owing to the already established sustainability agenda. The country can support the property market on its own due to increased employment and economic stability. Australian property market is poised to grow constantly given that there is increased purchasing power, reduction of tenancy and property management costs. Australian properties promise a steady capital growth especially from rental income.

In Australia, most of the residential properties are owner occupied with just about 30 percent share to investors. This is the best market for off-plan investments since it is secure and offers a sustainable market. The Australian property market has a constant growth pattern of about 6 to 10% growth, this cycle projects well into the future. This fact can be seen from the appetite and confidence banks and other lending institutions have in the realty market. This also shows that there is a great level of leverage involved when it comes to making investments in Australian properties.

As mentioned above, the sustainability initiative has given a boost to the market. Though many people have stable jobs, there is a high percentage of people who cannot afford buying their own homes. The low property vacancy rate and increased demand, shows potential growth in income and investment opportunities in property in Australia. Investing in real estate in Australia offers a cost effective approach. Property owners’ benefit from tax-deductible interest payments and after one year of property ownership, property owners experience a 50% reduction on their capital gains tax.

Property investment in Australia offers great opportunities since there is a shortage in residential and commercial fields. With a steady income and some little startup capital, anyone can take part in Australia’s real estate. All that is required is some bit of background information and through established realty agents or investment partners you will be on your way to joining other individuals who have gained from real estate opportunities in Australia.

Property in Australia Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Property in Bulgaria is limited only by your investment wants and needs. Cast your hat in any direction and you’ll come up a winner: apartments, stand-alone homes and resort communities in Bansko, Varna, Sunny Beach, Bourgas and Golden Sands make for comfortable winter and summer getaways thanks to easy accessibility to the mountains and the coast.

The beaches draw in thousands of sun-worshipers while the mountains pull in skiers by the plane load! And property in Bulgaria looks to get better with time. Even in the intervening years since Bulgaria entered the EU, the cost of land, construction materials and labor in Bulgaria represent considerable savings compared to the rest of Europe.

That said, property in Bulgaria is an investment for the long term. The value of bricks and mortar has not lost value in Bulgaria. Property in Bulgaria has shown itself to be a durable investment. Whether for personal use or rental return, when it comes to property in Bulgaria an opportunity awaits for the smart investor with an eye towards good real estate in an ever-growing something-for-everybody environment.

Property in Bulgaria Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Turkey is rapidly emerging as one of the world’s leading property investment hotspots. Managing Director of A Place in the Sun, Andy Bridge explained this was due to unbeatable value for money, a thriving economy and a currency independent to the rest of the Euro zone.

Rental prices are also on the rise which has added to the upward pressure on property values. Rentals across the country are reported to have increased 0.36% last month highlighting how the staggering increases in tourism Turkey has experienced over the last few years is directly effecting Turkey’s real estate market.

While Istanbul leads the way for commercial property, coastal property along the Mediterranean and Aegean coastlines. The biggest increase in demand has been reportedly in new builds which have been especially popular amongst those buying second homes in the sun.

As Turkey continues its growth plans with no signs of slowing, investors have been quick to enter the market while prices are still very affordable.

Turkey property prices increase by 5.38% Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The Euro zone sovereign debt crisis has severely affected the confidence of investors and while there is extraordinary value now on offer across Europe in countries like Spain, prospective property buyers have looked further a field for property that offers better value, and potentially better security in the short term.

Turkey has therefore become a number one choice for property investors looking to make strong returns from both capital appreciation and steady rental incomes.

GYODER, Turkey’s association of Real Estate Investment Companies stated in a recent report that property transactions in the country have far surpassed pre-crisis (2008) levels. GYODER’s chairman, Işık Gökkaya said,

“In 2009, property sales to foreign nationals totalled $1.2 billion. Last year, sales more than doubled to $2.5 billion”.

Followed by even more impressive figures this year, Turkey looks right on track to achieve its 2015 target of $10 billion worth of property investment by foreign nationals.

Euro Debt Crisis positive for Turkey Property Investment Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The global head of Hilton Hotels and Resorts, David Horton commented on Hilton’s position in Egypt.

“As the largest international hotel brand in Egypt, we take great pride in opening our latest Hilton Resort in this region.”

He added that the country is “a fantastic location for travellers seeking rich local culture and authentic experiences. The area is an ideal gateway for tourists seeking the ever popular Nile cruise, ancient sites and temples.”

Mr Horton views are shared by many in the tourism industry who expect Egypt’s popularity amongst holiday makers to grow over coming years. Although the country’s tourism growth plans were stifled by a populist revolution earlier in the year, Egypt seems to be back on track still offering an excellent climate, a globally central location and great value for money for holiday makers.

Chairman of Concord Co. for Tourist Development and owner of the latest hotel, Hamada Aboul Enein explained that the Red Sea Riviera in particular has gained significant popularity amongst tourists.

He said the area “is famous for its beaches, coral reef barriers and the abundance of marine life found in its waters.”

The forecast growth of tourism along the Red Sea Rivera is expected to significantly affect property prices around the resorts that line the coast. Not only will rental values receive upward pressure from the premium holiday let market, but the demand for holiday homes is predicted to increase sharply as well. As a result, prospective investors are watching Egypt property with a keen eye anticipating strong growth in the medium term.

Hilton takes advantage of Egypt tourism with 17th Hotel Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The results were overwhelmingly positive. The head of research at RERA, Hamda Al Shamsi said, “94 per cent of investors confirmed their satisfaction with the council’s decision to extend the visas of real estate investors for a period of three years.”

RERA’s press release continued to explain that when just investors alone were analysed, a resounding 83.3% thought the new rules would serve to improve the rental market in Dubai.

The results of the survey were equally positive amongst real estate brokers and developers. 89.3% of brokers and 85.7% of developers thought that the new measures would significantly affect the market by helping to increase demand and reduce supply.

The comprehensive survey confirms a sentiment that is widely shared in Dubai. Confidence is growing and the property market has been performing much better in 2011. However the new rules regarding 3 year residency are set to improve the situation further with investors, developers and brokers all in agreement.

Source: Emirates 24/7

New investor survey finds Dubai market outlook is positive Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Now the EU’s economy is caught in a deep sovereign debt crisis with two of its members, Greece and Ireland forced to accept huge bail-outs. Not only must both of these countries borrow more money to service their debts but they both face ongoing austerity measures. While the general appetite for property in Europe has reduced significantly, one such measure has directly affected Greece’s property market in particular. The country has placed new taxes on high-end property, causing owners to sell en-mass while new buyers remain few and far between. Portugal has been advised to implement similar taxes.

As a result, property investors have snubbed the debt ridden EU nations in search of better performing markets and greater value for money. While Turkey now stands in a position where it could gain membership much more easily, the tables seem to have turned as investors care less about EU membership and Turkey reaps the benefits of its exclusion.

While GDP growth improved in the EU during the first 6 months of 2011, it only reached 2.5% while Turkey impressively recorded 11% to become the fastest growing economy in the world. The Economist published that Turkey will soon surpass Germany as one of Europe’s top performing economies.

As well as a thriving economy, Turkey enjoys one of the world’s fastest growing tourism industries. Comparatively expensive EU nations have failed to retain cash strapped holiday makers and once again, Turkey’s separation from the single currency has played to its advantage. Rapidly emerging as hot-spot for tourists, holiday property has witnessed significant demand, creating property price growth and an increase in rental values.

Turkey’s rapidly expanding economy, rising popularity and separate currency have provided investors with greater capital appreciation, increased exit options and better value for money. The country now stands as the best short to medium term property investment destination in the entire Eurozone, and many have been quick to take advantage.

EU debt crisis encourages property investment in Turkey Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Analysts have suggested this is primarily because the emirate offers a developed regulatory system and value for money. One industry expert commented on the findings.

“These figures suggest there are properties available that have reached a good price at which people can afford to buy,” adding that “Investment in completed property that meets the rental market’s checklist of requirements has historically been a safe method to protect and generate wealth.” amongst GCC nationals.

They finished by adding “The cross border living of GCC nationals, who have grown their business throughout the region or see value in spreading their operations and diversifying their risk by exposure to a larger market place, also see value in participating in the real estate sector,”

It has also been suggested that the effects of the unrest in the Middle East continue to benefit Dubai which is now seen as the region’s ‘safe haven’. Many investors from Egypt Libya and Bahrain have all entered the market in recent months investing heavily in Dubai real estate sector.

Source: Gulf News

GCC property investors flock to Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

June was a particularity strong month according to the survey with 5.7 million tourist arrivals; a significant increase of 8.5% compared with last year.

The survey also looked at the source of Spain’s tourism in June to find that the UK and Germany still contribute the most, however while UK visitors are up by 9.6% compared with last year, German tourists have fallen by 1.8%.

Interestingly, the largest increase in tourism came from the Netherlands with a 23% more visitors, closely followed by the USA who contributed 21% more tourists compared with last year.

Tourism in Spain has been steadily improving across the board this year which bodes well for the country’s property market expected to benefit from the improved holiday rental values.

Spain tourism up by 7.5% with a surge of Dutch and American visitors Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

As a result, holiday homes in the Murcia region are gaining high levels of demand while prices are still low. Property investors expect to capitalise on the regions rising popularity over the next few years thanks to increasing property prices. Not only are property prices expected to spike upon the park’s opening but so are rental values which is good news for investors.

However some prospective property buyers have started to think much bigger than just one property. Due to the extremely low prices in the area, mortgage availability and the opportunity to buy multiple units directly for the banks at significant discounts, there are several funds and syndicates moving in to the area buying in bulk.

One industry expert explained,

“There is a great opportunity to set up a holiday rental business in the area. Large scale investors and groups are looking everything from 5 properties to an entire block of apartments or a group of 30 golf properties for example, which they plan to rent out upon the [Paramount Theme Park] opening.”

“as the banks own a lot of the property stock in Murcia, prices are heavily discounted, mortgages are readily available and there are further opportunities for those who want to buy in bulk”

“It’s a great idea and we’ve seen plenty of interest from investors who have all probably cottoned on to the opportunity. Look at what happed to the property market in Florida after Disney Land opened there! Murcia is set to see big things.” he concluded

Paramount Theme Park Encouraging Spanish Property Investment Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The report also noted that Spain is still the UK’s favourite holiday destination and the worlds 4th most visited country.

Spain’s improving tourist industry has directly affected the country’s property market according to industry experts. CEO of Travel Rental Network, Brian Schwimmer commented that rental values in Spain are on the up as the increased level of tourism has allowed property owners to demand higher amounts. He added that,

“prices are normalising once again, so people expecting the same discounts they saw last year might be in for a surprise,”

This is good news for Spanish property owners who can expect improving rental yields and occupancy rates as Spain’s tourism industry gradually gains pace.

Growing tourism in Spain positively affects property market Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

First and foremost, Dubai offers the complete package in terms of property investment fundamentals. It’s a safe environment that promotes secure business. The property market is tightly regulated and there is no capital gains tax or taxes on rental revenues. Dubai also offers a world class infrastructure and a high standard of cosmopolitan lifestyle that inherently attracts tenants and buyers alike.

As a result, Dubai enjoys some of the best rental yields in the world with owners consistently gaining between 7 – 10%, and some even achieving up to 12% in more prime locations like Dubai Marina or the Palm Jumeriah. Property is relatively easy to rent out or re-sell, provided the property is priced correctly and in the right area. The benefits for Landlords are further improved in Dubai where yearly rents are traditionally paid in cash up-front.

In addition Dubai is currently in position where prices have bottomed out, even beginning to see growth in some key areas of the city like Dubai Marina. Indian investors clearly expect growth over the next few years, a sentiment shared by several official sources and industry bodies.

Dubai shares strong links with India, they are major trade partners and a large segment of the UAE’s population is Indian. It has been widely suggested this is why they have been the first to take advantage of the deals available in Dubai. Meanwhile there has been a marked global increase in interest from Russian, Chinese and British investors who are expected to buy significant amounts of property in Dubai in coming years.

Property investors flock to Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

In response to the previous underdevelopment in the country, investors have been offered a great opportunity to build their portfolios and take advantage of the upward trend. Construction of commercial property is beginning to increase due to the high levels of demand which are currently out-stripping supply. This demand is said to be driven by large Western and Middle Eastern multinationals moving into Egypt to set up operations there.

Business Monitor International’s report stated:

“The result is that conditions are dynamic. Vacancy rates vary, but are generally low or falling. Looking ahead, we expect that the optimism of protagonists in the office and retail sub-sectors will be justified. There should be a double-digit increase in rentals in these sub-sectors in 2011; further – if smaller – rises are likely in the following years,”

Egypt is at the beginning of a Property Boom according to experts Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Jesus Samper, Managing Director of the company commissioned to create the Park stated that the project will generate over 10,000 jobs at least, and “every euro invested will generate three”. Samper went on to explain the Park will be operating at a profit by its second year which has pleased investors, local authorities and Paramount alike. The Paramount Theme Park will be the largest in Spain and the second largest in Europe requiring over €1 Billion of private investment.

Michael Bartok, Paramount’s representative responsible for the multinational licence said Murcia was of “strategic importance” for tourism, highlighting the “300 days of sunshine in the region”.

The Park its will contain a number of attractions based on some of Paramount’s biggest titles. It will be split into ‘zones’ inspired by the likes of Star Trek, Mission Impossible and Titanic as well as boasting several hotels, themed shopping malls, restaurants, bars and clubs and the largest conference centre in Murcia which will host over 15,000 people.

Other attractions will include a sci-fi 4D spectacular feature where visitors will be able to participate in The War of The Worlds and battle invading aliens.  In addition there’s a planned 3D experience designed to spook people with Paranormal Activity and flying ghosts.

Construction will start this year prompting industry experts to predict an increase in Murcia’s average house prices. Before the tourists descend on the area, Murcia’s local economy will benefit through the employment of thousands of construction workers, plumbers, electricians, park staff and so on, promoting wealth in the area.

Once the Park opens in 2015, millions are expected to visit every year which will have significant effects on the surrounding holiday accommodation. Giles Beswick, Director of Select Property which is one of Europe’s largest sellers of overseas property explained how property interest in Murcia is rising sharply;

“We’ve received considerable interest for Las Terrazas de La Torre from investors looking to get into Murcia’s property market now with high expectations. Due to our partnership with one of Spain’s largest banks, investors are able to pay just 10% now and then nothing else for 3 years”

Mr Beswick went on to explain how this incredible offer would benefit investors looking to capitalise on the new Paramount Theme Park, “it’s an ideal payment structure, as owners won’t have to pay any mortgage re-payments while the Park is under construction. By the time the payment holiday ends in 3 years, the Park will be almost finished and from then on the rental returns investors will be able to gain will much stronger – more than covering the property’s running costs. It’s one of the best property investment opportunities we’ve sourced in a while”

Murcia’s Paramount Theme Park prompts Property Investment Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Turkey played host to over 28.6 million visitors last year, 2.67 million of which were from the UK – an increase of 10% on the year before.

Senior Director from Turkey’s Culture and Tourism Office, Tolga Tuyluoglu said;

“Turkey has gone from strength to strength in the UK market and has been one of the fastest-growing destinations for British visitors,” stating the reason for this is due to Turkey’s “excellent value for money”.

The findings have strengthened growing attitude amongst international investors given that property in Turkey can provide some of the best holiday rental returns in Europe. Furthermore the growing popularity of the country dictates that property values are likely to increase considerably over the next few years.

Turkey – The fastest growing destination for British visitors Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The type of visitors  attending events such as the horse racing, shopping festivals and business conferences usually bring an entourage who will appreciate the expansive and luxurious villas in Dubai, which can easily accommodate their entire party for the duration of their stay in the city.

The Dubai villas for sale on the market today offer excellent value for money.  For instance a 4 Bedroom Dubai villa located at the very centre of Dubai Marina, complete with its own waterfront balcony and Jacuzzi can be purchased for just over £1 million. Given the considerable savings available, vast size and quality of villas for sale in Dubai combined with one of the best locations in the world it’s a great purchase. Furthermore, luxury villas Dubai attract the highest rental yields and therefore returns for these properties are significantly higher.

Dubai Villas for Sale and Villas in Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

After opening up houses for sale Dubai to foreign nationals, the emirate has seen considerable investment. A Dubai house for sale began to be viewed as a holiday-home which could be used to create large financial gains.

Those who buy a house in Dubai will not be subject to capital gains tax or income taxied levied against them. This gives owners incredible value for money and, once the house in Dubai is registered they can earn fantastic rental returns as well.

Houses for Sale in Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Given Dubai apartments are popular in Dubai, there a variety to choose from.. This makes it all the more essential to be selective when it comes to making a decision on where to buy apartments in Dubai. The best apartments in Dubai can be found on Dubai Marina, one of the most exclusive residential areas in Dubai. Dubai luxury apartments attract the highest occupancy levels and the greatest financial returns.

Dubai Marina serviced apartments are especially good investments as they offer everything you could want from a luxury property with the added benefit of first-class facilities coupled with a list of services facilitated by the hotel. This makes serviced apartments on Dubai Marina very popular on the rental market or as holiday lets.

The additional services that serviced apartments in Dubai gain give them naturally higher rental yields.  They also benefit from stronger capital appreciation in the long term.

Dubai Apartments & Hotel Apartments in Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Flats on Dubai Marina attract particular attention from prospective investors due to the exclusivity of their location. Dubai Marina flats benefit from the Marina’s excellent infrastructure and locality offering owners superior waterfront living.

Flats in Dubai for sale are heavily discounted from their 2008 prices. They now present an excellent opportunity for investors to capitalise on high rental values at discounted prices. Dubai flats on the marina and in premium developments attract the best rental yields achieving up to 12% in some cases.

Flats for Sale in Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

Bancaja Habitat has formulated an exceptional mortgage commitment, requiring purchasers to pay only 10% of the property price upfront, and nothing more for 3 years. This means that for a complete 2 bedroom golf Murcia property in Las Terrazas de La Torre, purchasers pay only £17,500, all in (Including Tax, fees & deposit) and then immediately benefit from a 3 year payment holiday, with zero to pay until 2014.

Already discounted by 25%, even if the properties only appreciate at 5% per year, owners will gain a 66% return on investment over the 3 year payment holiday and that’s without any rental income. Given that most of the best deals on the market are predominantly only accessible to buyers with liquidity who can stump up 40-50% deposits, for any investor this really is a no-brainer!

Bancaja Habitat approach Select Property as Sales & Marketing provider for Las Terrazas de La Torre Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

As many property experts predicted this time last year, 2010 was a successful year for Turkey and is fast becoming one of the leading countries for property investment. GDP recorded an impressive growth of 11.7% and 10.3% in the second and third quarters consecutively, whilst the nation’s exports increased by 5.5% in one month alone in September. However it’s the tourism sector that has really excelled, positively impacting the property sector and seriously impressing investors. The continual increase in holidaymakers has subsequently raised the demand for rental properties on the coast in the popular Turkish regions (if you haven’t been yourself, I bet you know someone who has in the last couple of years?)

And Turkey’s property market continues to strengthen into 2011. It would be foolish to dismiss the effects of the last couple of years as the world has been significantly hit by a global recession, however Turkey is still seen as an emerging market and the affects have been minimal compared to other more mature markets.
Partly this is because Turkey is close to but outside the Eurozone, allowing the economy to buck the trend and shake off the tendencies others have shown to be held back by weaker countries. Furthermore, Turkey’s banking sector was better prepared for the economic downturn due to stringent reforms enforced in the nineties which has allowed Turkey as a whole to cope with the global banking and liquidity crisis from a more robust foundation. Fundamentally, Turkey’s economy has allowed the country to experience growth in multiple sectors and set great foundations for further growth over the next two to three years.

In spite of that, there’s no denying that demand in the market has changed its complexion and we have found that there are two main types of purchasers for property in Turkey; the canny investors looking to take advantage of the general global correction in real estate values and reap the financial benefits once the inevitable future price increases take effect, and the more watchful buyers who prefer to visit our development on the Aegean coast to experience it first hand, to sense the long-term potential. Almost always they are impressed with what they see and over 90% go on to purchase.
Whilst it’s not all bad news on the home front, people should definitely still be looking outside the UK for properties that are situated in prime locations, preferably on top of or right next to the best amenities (beach or golf course, for example) and finished to a high quality, which in a competitive market will allow properties to retain their value better and prove to be much more marketable.

Those developers who understand what makes an attractive property investment have listened to the feedback we give them from buyers and adapted their model to the new conditions. Developers who have established a more customer-centric model are definitely prevailing in the market. We have worked closely with Signature Resorts, the developer of Horizon Sky Beach Resort, to offer customised payment options enabling buyers to commit to purchases and spread their payments over a more affordable term. This kind of flexibility, coupled with the development’s excellent location, high quality build and fantastic facilities have proved incredibly popular with buyers and guaranteed the resort’s strong demand and growing reputation.

Unlike the UK there isn’t as much of a competitive mortgage market in Turkey. This has helped pave the way for recovery following the global recession as it has raised the barriers for buyers who aren’t seriously committed. The government has adopted policies to curb overdevelopment in the country too, and subsequently there are talks of employing restrictions on the level of borrowing to ensure there remains a balance between supply and demand.

Foreign buyers can find financing options on certain projects in the market and some will apply for mortgages, but it is a case of looking around to find the best financial solution available. Locally, the Turkish banking system is one of the best positioned in the region, and asset and loan growth is set to bounce strongly in line with a wider domestic demand recovery throughout 2011.

For a long time industry professionals have suggested Turkey’s financial centre, Istanbul, is the one to watch. Whilst Istanbul certainly has sustained rapid economic growth, prices are already high and property investors are looking more for leisure properties in coastal regions that offer better value for money, to use themselves or rent out in a growing tourism industry.

My opinion is that that the Aegean coastal tourist property market offers really strong potential. Given the influx of tourism over the last year to Turkey, the coastal areas are now proving more popular due the beautiful beaches and landscape, water sporting activities, cultural heritage and array of shops and restaurants, meaning there’s something for everyone.

In summary, developments like Horizon Sky are highly regarded by investors due to the real scope for development offered by the region, lower entry level prices, and more secure growth potential. Its significant boom in tourism means the more visitors there are to the region, the greater number of people want to own a home there, and as long as prices remain an absolute bargain compared with many other desirable resort locations across Europe, we will continue to a positive upsurge in interest from buyers.

Turkey leading the way with impressive growth and stability Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

The friendly Turkish tax laws have attracted a growing number of property investors to the country, particularly given the high returns gained from rental property. Therefore Turkey’s property market is going from strength to strength as more opportunities arise for the tax-savvy investors and many are capitalising on the rapidly growing economy and tourism industry.

Property Investment promoted by Turkey’s tax-friendly environment Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555

New data supplied by propertyfinder.ae has supported this trend. They reported that 18% of all their searches in the last 3 months of 2010 were buyers looking for Dubai Marina property; making it the most popular area on the portal. The increased demand for Dubai Marina property has also been mirrored with tenants as it was also the most popular area for those looking for rental property at the end of last year.

The least popular areas were The Lakes and Green Community which both only received a fraction of all enquiries.

Dubai Marina Property – the most popular in Dubai Selectproperty.com Office 803 - Concord Tower, Tecom, Dubai Media City United Arab Emirates Dubai Office: +971 4 446 2756 UAE fax: 971 4 440 4849 UK Office: +44(0) 161 488 3555