While the words: hot new emerging property market should really come after or during a drum roll, the benefits of opting to make your overseas property purchase in one of the world’s few truly established property markets like Germany should not be overlooked.
To make this easier David Stanley Redfern have recently added 14 new Berlin investment opportunities to their unrivalled overseas property port-folio. And what shouldn’t be forgotten is David Stanley Redfern’s ability to offer 70% loan to value mortgages on all Berlin apartments, because of their deal with a major German bank.
Potential investors with an eye on an apartment in Berlin will now without a shadow of a doubt be able to find exactly what they are looking for in a German property with David Stanley Redfern. We have everything, from studios to four bedroom apartments, some tenanted, some empty, and all in the most sought after areas of Germany’s vibrant capital city.
The shrewdest investors will know that Germany’s property boomlet fizzled out as quickly it began, but Berlin was a strong property market before the mini-boom and remains strong after it. In Berlin the demand for quality housing far outweighs the supply, so it is an excellent city for residential rental, and David Stanley Redfern’s tenanted apartments give a very rarely found chance to earn an immediate income. Plus, with contracts and prices in place, you can approach banks with a buy to-let finance request without having to worry about what they will estimate as the property’s potential rental income. The un-tenanted apartments can fetch yields of between 6 and 8%.
In fact the best of the new bunch comes with a 6% guaranteed yield for the first three years: 1-5 room apartments in Tempelhof Berlin, prices starting from £37,000, all apartments have been modernized and fully refurbished, as well as having fitted kitchens and central heating.
Number two in this roundup of DSR’s hottest Berlin investment properties is the Hubertusaleefinal development — a DSR exclusive. While there is no guaranteed rental yield, this property is at number two because it is at such a low price for its prime location, at the heart of vibrant West Berlin. The Kurfuerstendamm starts just thirty metres from the development, its exclusive shops, restaurants bars and theatres can be seen from the front windows of the apartments. From the back windows you can see Grunewald and the embassies, consulates, exclusive villas, beautiful forests and lakes of the wealthiest area in Berlin. Studios starting from just £44,000 in such an area gives plenty of scope for strong yields and impressive potential for capital appreciation.
And number three because it is slightly more expensive but again, in an even more exclusive and prime location are the studio-3 bedroom apartments in Mitte. Mitte is another area filled with embassies and global corporations, and this complex has been fully modernized and refurbished, and is in a nice quiet part of the district — with a large park and wooded area right next to the development. Prices start at £65000 for a studio, which in an area like Mitte still leaves room for at least a 6% yield, maybe more from new executives coming to work in the multinationals nearby.
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About DSR Asset Management
DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
David Redfern is the director of DSR Asset Management an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment. Advertise Your Private Overseas Property
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The Aurora Sky hotel apartment complex in the winter — and summer — wonderland of Levi has just become an even hotter investment property. Expected rental yields on the development have always been 8-12%, but the new ski-lift that has been approved for building right opposite the main entrance will increase rental yields by making it a ski-in ski-out hotel.
With up to 90% finance available and such gains expected, as well as an optional 6% guaranteed rental yield for the first five years or rental management for a 10% fee, there is no doubt that Aurora Sky apartments are excellent investment properties, but not enough is said about just how wonderful they are as holiday homes.
Levi is a vast expanse of beautiful scenery, with only the occasional row of houses making a dent in the gorgeous landscape, of course there’s the well equipped Levi ski-resort, and the breathtaking mountain reaching up toward the sky from it, but apart from that it is largely unspoiled by modern development.
The Levi residential property development, including the Aurora Sky apartment hotel is going to be a self-contained holiday village just yards from one of the Levi ski-resort’s downhill slopes, including shops where you can purchase the day to day essentials, as well as designer gear and skiing equipment — the latter can also be hired from the resort.
But skiing is not the only thing that draws tourists to Levi; there are a whole host of other popular activities in summer and winter including:
Husky dog-pulled-sled rides
Hot-air balloon rides
Reindeer rides (at Christmas)
Fishing (ice-fishing in winter) in the nearby Levi lake
Snow-mobile safaris
Nordic walking
Admiring the Northern lights tourist attraction
On top of all that and just being in amidst such beauty and clean fresh air, being in the home of Santa Claus is a benefit in itself for families with children. Only after you have considered all its beauty should you consider buying an Aurora Sky apartment as an investment. When you do the fact that your money is held in a government ordered escrow until you get the keys is also a benefit, because if anything stops the development, or you just change your mind you can get your money back minus a small administration fee.
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About David Stanley Redfern
David Stanley Redfern is one of the U.K.’s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market’s regulatory body, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed at media@davidstanleyredfern.com.
The old content that used to occupy this page was the biggest waste of potentially excellent web space in the history of the internet – not anymore. We hope that this will become a window onto the world of property investment, because this page will now be regularly updated as and when the countries we deem to be the best for overseas property investment change.
No more rambling for the sake of it; just straight down to business. Our research department recently released its first quarter findings in the form of a 2 part press release revealing the top five overseas property investment destinations for those eyeing short-term gains, a quick phone-call to them reveals a change in their findings based on recent events.
However, we have decided not to put ours in any order; this is not a press release but a resource for people who are considering investing in overseas property, but who may or may not have other considerations, so we have some further afield and some closer to home.
To be honest it’s a little because of the fact that the top destinations are so close in their growth potential it is so hard to put any one above another. So here are the top 2 overseas property investment destinations in no particular order.
Overseas Property Hotspots for Short-Term Investors
Luxury Resort Villas on Koh Samui
Koh Samui has so many more factors that make strong growth almost a foregone conclusion, and the level of competition in the market right now, caused by Samui having more 5 & 6 star resorts than any other Asian island, means real bargain off plan properties are currently available.
Off plan resort villas were averaging at £200,000 a piece about 6 months ago, and because of the intense competition you can now get a luxury 2 bedroom resort villa with finance for £100,000. And on Phuket luxury villa prices grew by 50% per year the past two years, despite their already being in excess of £250k, and Koh Samui grew at the same level.
The competition that has driven luxury property prices down so low in Koh Samui, leaves even more room for growth at the same level for the next two years, and even after that 30% annual growth is likely – even the most conservative forecasters are predicting 30% annual capital appreciation for at least the next 5 years on Koh Samui.
Note: Koh Phangan is the latest Thai island to emerge onto the overseas property investment scene, and though it has no proven growth figures, with the two other islands as a guide, luxury resort property on Koh Phangan is definitely worth a second look. But at the present time, competition in Samui means prices aren’t that much lower on Koh Phangan. Even so, Koh Phangan is likely to enjoy a boom in the next year and a half to two years, and we all know the benefits of getting in before the boom…
Montenegro is another country that has comparative neighbours that have displayed massive growth. Croatia is the country most similar to Montenegro, it has similarly beautiful coastlines, similar climate, and similarly emerged from Pariah status to become a hot tourism and property investment destination.
Since Croatia began to attract international attention 4-5 years ago property prices have tripled, and even quadrupled in some places, now Montenegro is attracting the same levels of international attention, tourism is going through the roof not least because of budget airlines which recently announced new flights direct to Montenegro and it is easy to predict that property in Montenegro prices will grow along the same lines as Croatia’s did.
Croatia has levelled out a little now, but it is expected to see another rush upon acceptance into the European Union expected in 2010. And that is another great thing on property Montenegro s horizon, EU entry, there is no set timeframe for Montenegro’s acceptance into the EU, but since it split from Serbia it has been openly welcomed into other international and European bodies in its own right, including in March this year the EU’s Competitiveness and Innovation Programme, that awards grants to small businesses and entrepreneurs, so we can estimate Montenegro’s full EU entry sometime in the next 5-7 years.
The money that pours into a country on its path to joining the EU is excellent news for investors, because it bolsters economic growth, helps lower employment and bridge poverty divides, and generally assists in the spread of affluence throughout the country. As the growing affluence causes a rise in living costs, building materials cost more, builders put prices up because they have to pay their tradesmen and labourers more, and property prices are pushed up at a rapid rate. We all know that Croatia property prices are now moderate-high, but in Montenegro they are still comparatively extremely low – the writing is on the wall; there’s money to be made in Montenegro property.
Find out more about property Tunisia and buying property in Tunisia.
About DSR Asset Management Ltd
DSR is an overseas property investment specialist, working directly with developers in more than forty countries. All properties are exclusive to DSR , giving an unparalleled selection of resale and new builds.
Please direct all media queries, requests for press information and editorial details, to media@davidstanleyredfern.com
David Redfern is the director of DSR Asset Management Ltd an overseas property investment specialist. David works closely with developers in more than forty countries and oversees the DSR education programme which lectures individuals and organisations on property investment.
