Overseas Property Blog :: guide to international real estate investment

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Archive for December, 2008

Twitter Weekly Updates for 2008-12-28

by Overseas Property Mall on Sunday, December 28th, 2008 in Property News Summaries

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Press Release: JW Marriott Opens its First Hotel in Muskoka, Canada

by Overseas Property Mall on Saturday, December 27th, 2008 in Canadian Property, Property & Real Estate Press Releases, Ski Property

Red Leaves apart-hotel in the snow, Lake Rosseau, Muskoka

The Rosseau, Canada’s first JW Marriott Resort & Spa, opened on December 22nd in Muskoka, Ontario.

Known as Toronto’s “Hamptons”, Muskoka has been attracting celebrity visitors for over 120 years.  In recent years, Goldie Hawn, Kurt Russell, Tom Hanks and Steven Spielberg have been drawn to the area’s rugged terrain and crystal clear lakes, along with many Canadian and international holidaymakers.

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Egypt is Worth Considering, if You are Looking for a Cheap Holiday Home

by OP-Mall on Friday, December 26th, 2008 in Egypt Property

hotel-villas-in-sharm-el-sheikh-egypt (photo credits: Argenberg via flickr)

Egypt is once again on the map of overseas property investors after Sam Zell listed the country as one of the top three property investment destinations worldwide. Zell who made billions back in 2007 when he sold his Equity Office Properties portfolio to Blackstone for an estimated $38 billion also mentioned Brazil and China as hot contenders for the run of hottest investment opportunities worldwide.

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Happy Holidays from Overseas Property Mall!!!

by Overseas Property Mall on Wednesday, December 24th, 2008 in General

Merry-Christmas-overseaspropertymall

We would like to wish you all and your families a very happy Christmas and all the best for the coming year! If you do not celebrate Christmas then have a good week anyway!

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In Singapore – Buy a ‘Property Raffle Ticket’ and You Could Win a Home

by OP-Mall on Wednesday, December 24th, 2008 in Singapore Property

lottery-ticket-draw (Photo credits: midnightglory via flickr)

Imagine buying a raffle ticket in a bid to win a property? While this might sound strange to some, it isn’t to the many American property owners who have engaged in this kind of practice to move their properties into new hands.

With the current situation in Singapore where many new developments are expected to hit a very slow market, property raffles might just become the next big thing since the sliced bread.

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Abu Dhabi’s Property Market Proves to be the Strongest Emirate

by OP-Mall on Tuesday, December 23rd, 2008 in Abu Dhabi Property, UAE Property

central-abu-dhabi Abu Dhabi’s real estate sector, appears to be showing a promising future as strong demand is expected to outstrip supply over the coming years. Rental grow rates of up to 65% over the last 12 months have resulted in a very low vacancy rates of 1% which is excellent.

One downturn of Abu Dhabi’s growth is the property price hikes home owners experienced in 2008. Prices overall have increased by 89% which has consequently resulted in reduced rental yields. Abu Dhabi is at the top of the regional chart when it comes to real estate, making it the most expensive city for rental and purchase in the UAE.

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Twitter Weekly Updates for 2008-12-21

by Overseas Property Mall on Sunday, December 21st, 2008 in Property News Summaries

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Canadian House Prices On a Downward Course

by OP-Mall on Saturday, December 20th, 2008 in Canadian Property

As the US real estate market continues to perform in a depressing fashion, home owners in Canada are also starting to feel the bite of the turmoil. It is estimated that on average, resale prices have dropped by 9.9 % to US$ 220,302 from October 2007 to October 2008.

With average increases of around 11% in the years 2006 and 2007 this is not good news for Canadian home owners. When we look at the Canadian GDP it is clear that the country is sitting on the edge of a recession.

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Could the New Croatian Property Law Open the Croatian Property Market to Foreigners?

by OP-Mall on Saturday, December 20th, 2008 in Croatia Property

Opatija-Coastline-Croatia

From February 2009 foreign investors in Croatia can take advantage of the new real estate law that will grant them the same rights as locals.

Up until then foreigners can only buy Croatian real estate on the basis of reciprocity. This depends on whether the home country of the investor has an open real estate market, or as a legal entity (a firm).

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New Edition of Emerging Trends in Asia Pacific Real Estate Released

by OP-Mall on Wednesday, December 17th, 2008 in Buying Property, Guides and Tips

EmerginTrends-in-Real-Estate-Asia-Pacific-2009 The Urban Land Institute’s Emerging Trends in Real Estate have established themselves as a reliable source for information when it comes to our property investments overseas.

Their latest 2009 report for the Asia Pacific region clearly states one mantra loud and clear:

Focus – Focus – Focus!

Due to the global property market investors are well advised to be picky about where they invest their money and with whom. If you are familiar with a particular real estate market you are also advised no to stray due the volatility.

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