New Horizons: Buy/sell property overseas Overseas Property : New Horizons
Property Blog
 

Archive for May, 2008

Romania land for sale, 20% per annum compound return on investment, SIPPS compliant

Thursday, May 29th, 2008 Posted in Overseas Travel, Overseas Property Exhibition, Romania, Overseas Investments, Romanian Land | No Comments »

Outstanding Investment Opportunity: Romanian Land

  • 20% Per Annum Compound Return On Investment
  • Return Of Capital Prioritised
  • 2-4 Year Investment Period
  • Low Risk Investment In Land For Development
  • Rapid Economic Growth In Romania
  • Meeting Huge Demand For Primary Housing
  • Tax Efficient
  • Legally Secure
  • Available Through Your Pension Fund
  • Minimum Investment 30,000 Euros

10 Facts About Romania

  1. Similar size to Britain, 12th largest country in Europe with population 23m (Britain 60m).
  2. 7.8% GDP growth in 2006, 6.7% in 2007.  EU average 3% and 2.9% respectively.
  3. Entered EU in 2007.  Euros 30 billion EU funding promised by 2013, highest of all new members.
  4. Recent massive foreign investment, E.G Nokia and Pirelli, plus Ford commitment to invest $1 billion.
  5. Politically stable.  Power shared between President and Prime Minister.
  6. Strong home ownership culture: 97.7% of homes are owned.
  7. Mortgages only available since 2000, with mortgage debt only 2% GDP (Britain 80%).
  8. 61 Airports, of which 7 are international.
  9. 116 Universities.
  10. 90% of professionals speak English.

Land Strips and Re-Zoning

Post communism land was returned to Romanians as restitution for its previous confiscation.  The land was divided into small strips, which have limited individual value.  Many owners are therefore keen to sell them.  Town councils in growth areas are in favour of the consolidation and re-zoning of land strips, to meet the demand for land for new housing.  Our local experts, with proven experience of this process, buy most suitable land strips, consolidate them into larger plots, and work with local authorities to re-zone them for development.  Where appropriate we add utilities, and then sell to developers. Very substantial land value growth is achieved.

How Does It Work?

Foreign investors cannot acquire Romanian land in their own name.  However, they can own a local company that owns the land.  Investors initially transfer funds into a secure UK client bank account, set up soley for this purpose.  The  team identifies specific land acquisition projects and confirms the funding requirement.  Funds are allocated to projects in the order they are received from investors.  When the funding requirement on a project is met, monies are transferred from their client account to an investor-owned Trust Company.  Each investor is entitled to a share in that company’s assets proportionate to their funds invested.  The Trust Company passes funds to a local Romanian company, controlled by Avanti and set up exclusively for the specific project.  One local company is formed for each land project, and will hold the land it acquires on trust for the  Investor owned Trust Company.  The local company enters into agreements with our Romanian experts, who manage the process from buying and re-zoning the land through to sale.  When the land is sold the local company pays the net proceeds to the Trust Company, which repays investors their capital plus the return on their investment.

Tax Efficiency

There is no tax liability in the investor owned Trust Company.  Romania has a flat rate of tax of only 16%.  UK taxpayers can claim double taxation relief, and offset Romanian tax paid against their personal liability.  At current CGT rates of 18%, the maximum UK tax liability will be a further 2%.

Who Is Eligible To Invest?

Individuals can invest direct or via offshore accounts.  Pension Funds can be invested, via a SIPP.  This eliminates UK capital gains tax, and income tax on funds invested can be reclaimed.

Investment Return

Consolidated land parcels will not be sold until the appropriate investor return is guaranteed.  Projected returns are 20% of investment per annum, compound.  The investment has a projected 2-4 year period.  Returns accrue from the date Avanti receives investor funds, not the date they are utilised.  The return of capital to investors is prioritised, minimising investment risk.

For more information telephone +44 (0) 1903 500 004 or e-mail mike.bradley@new-horizons.eu.com

Floral Roads Sunny Beach Black Sea Coast Bulgaria Resale Detached Villa

Monday, May 19th, 2008 Posted in Overseas Travel, Bulgaria, Overseas Investments | No Comments »

Floral Roads Sunny Beach Black Sea Coast Bulgaria Resale Detached Villa €175,000

floral roads, sunny beach, black sea coast, bulgaria, resale detached villa

Jasmine Villa, Floral Roads, is a newly constructed detached villa forming part of Floral Roads, a development of 15 luxurious villas set in a quiet, picturesque and secluded valley just at the foothills of the Balkan Mountains. It is surrounded by a range of natural resources in a proximity to evergreen hills of Balken Range, Aheloy River, beautiful meadows and the Black Sea.

The “Jasmine” is a completed unfurnished 3 bedroom villa on a plot approx. 418sqm with private swimming pool with overflow drain measuring 40sqm. It is finished to the highest standard with 2 of the bedrooms having ensuite facilities and its own outside terrace. The property also benefits from air conditioning.

There is a choice between swimming in your own pool or in the sea - distance to the beach is approx. 3 km, having a nice evening drink in your own garden or in a dance club - it is approx 9km to the popular Bulgarian seaside resort - Sunny Beach. Burgas airport is about a 10 minute drive away.

Villa Club “Floral Roads” has the following features at the dispoasl of its owners:-

  • “Floral Roads” Park
  • Private courtyard with hedge borders
  • Car access to villa - 2 sheltered car parks
  • All - year round maintenance of the villa club
  • All - year round on site management
  • Supermarket
  • Cafeteria
  • Snack bar
  • Rent-a-car
  • Satellite television
  • Telephone
  • 24 hours CCTV and live security

For further details please call New Horizons on +44 (0) 1903 500 004 or e-mail us at info@new-horizons.eu.com

Egypt Property Investment, Marsa Alam Property For Sale, Prices From €29,500

Tuesday, May 13th, 2008 Posted in Overseas Travel, Overseas Property Exhibition, Egypt, Overseas Investments, Guaranteed Rental, Investment Seminars | No Comments »

Egypt Property Investment, Marsa Alam Property For Sale, Prices from €29,500

The Marsa Alam Beach Resort is an exclusive five star development located frontline beach on the sun drenched Red Sea Riviera. Marsa Alam Beach Resort will have its own 500m beach and house reef. Marsa Alam is widely regarded as the world’s premier diving destination.

egypt property investment 

Marsa Alam Beach Resort takes full advantage of its enviable location with two private jetties, an on-site diving school, a water sports shop as well as a full range of facilities.  Not only does Marsa Alam Beach Resort offer the perfect holiday destination but it also provides an unrivaled investment opportunity. Marsa Alam is the hotspot of the Red Sea and this resort encompasses low entry levels, high rental yields, a bank backed 5 year 10% average rental guarantee, developer funded mortgages, payment plans, an escrow account and a developer with a strong track record in respect to high quality developments throughout the world.

The Marsa Alam Beach Resort offers various investment options to cater to all budgets including:

  • Junior suites
  • Executive suites
  • Presidential suites
  • Two bedroom apartments with rental guarantee
  • Two bedroom end apartments with rental guarantee

Facilities:

  • 9 swimming pools; both salt and freshwater
  • 2 private jetties
  • scuba diving school
  • diving and water sports shop
  • 500m private beach
  • house coral reef
  • supermarkets and shops
  • shopping mall
  • restaurants, bars and a nightclub
  • 24 hr concierge, reception and room service
  • amphitheater
  • cinema
  • childrens playground
  • 4 tennis courts
  • 2 basketball courts
  • botanical landscaped gardens with brooks and fountains
  • in-house serviced laundry
  • travel and excursion services
  • spa, wellness, Thalasso and beauty centers
  • medical and dental services
  • 24 hour in house security services with manned gate
  • shuttle service, limo service and car rental
  • LAN internet connection in all apartments
  • Wireless internet in suite section

FREE 39 page egypt property investment guide together with addiational information and apartment location guide.

Overseas investment seminar - Limassol Cyprus 1st - 3rd July 2008 - An invitation

Friday, May 9th, 2008 Posted in Overseas Travel, Overseas Property Exhibition, Overseas Investments, Guaranteed Rental, Investment Seminars | No Comments »

guaranteed rental income, land banking opportunities, capital growth, corporate let villas.

An invitaion to overseas property investors

New Horizons Overseas Property Services in association with Interlink (south) and Interlink International Property Group would like to extend an invitation to our inaugural investment seminar in Cyprus.  We are dedicated to sourcing investment grade products, packaging it through the use of innovative special purpose vehicles and building real estate portfolios in mature and emerging markets for our investors.

More detail will be available on the Interlink South web site shortly but we would like to offer free accommodation  to the first 15 investors who book.

The event will have a number of objectives;

  1. Present the concept of building a well balanced, tax efficient portfolio, based on;
  • Geographic emerging markets such as Romania, Thailand and Egypt
  • Product types such as tourism apartments corporate let villas and land banking opportunities in capital cities.
  • Capital growth and guaranteed rental yield returns
  • Specific and time bound exit strategies

    2. Give the opportunity to discuss your own portfolio growth with experts and find out how you can build more wealth through real estate.

We are conducting the seminar in association with international banks, accountants and tax specialists, who will be able to advise on;

  • The best way to structure the investment vehicle (Real Estate Investment Trust Special Purpose Vehicle, etc.)
  • How to create a well balanced portfolio that is in line with your own risk threshold, a profit aspiration and exit expectations
  • The tax on implications of your investment portfolio and how to minimise your liability
  • How to leverage gearing against your assets, increasing the size of your investment vehicle.

You will also have the opportunity to listen to speakers and sit down individually with experts to discuss your specific requirements.

The event will be held between the 1st and 3rd of July in Limassol Cyprus. With its Mediterranean climate, wide boulevards and extensive nightlife, it certainly won’t be your usual seminar experience!

Places, of course, are limited and will be issued on a strictly first come first served basis. therefore I recommend an early response to confirm your place.

If there are any questions, please don’t hesitate to drop me an e-mail (info@new-horizons.eu.com) or call me on +44 (0) 1903 500 004.

Yours sincerely

Mike Bradley

Michael J Bradley FNAEA

Director New Horizons Overseas Property Services

palm view resort, palm view resort cape verde islands

Friday, May 2nd, 2008 Posted in Overseas Travel, Overseas Property Exhibition, Cape Verde | No Comments »

Palm View Resort Boa Vista Cape Verde Islands

Palm View Resort Boa Vista in The Cape Verde Islands is one of the world’s only six star property developments.

Palm View Resort Boa Vista Cape Verde Islands

Palm View Resort

One hour south of the Canary Islands and only five and a half hour’s flight time from the UK, Cape Verde is home to some of the most beautiful beaches in the world. The unspoiled island of Boa Vista is a sunbather’s paradise, boasting some of the best beaches to be found on Cape Verde, making an ideal destination for sailing, scuba diving, surfing and fishing enthusiasts.

With a fast growing reputation amongst holiday-makers and property investors alike, Cape Verde is set to experience phenomenal property rental and capital potential whilst being developed with care and respect for its beautiful, natural surroundings.

One of the few six star property developments in the world, Palm View Resort redefines luxury with spacious apartments, beachfront villas boasting an unrivalled setting on one of the finest untouched beaches the world has to offer. From breathtaking sea views through floor to ceiling windows to the imported Italian marble floors throughout, these properties exceed all expectations.

Whether you’re looking for an indulgent holiday home or an investment in a proven and fast growing property market, Palm View Resort and The Cape Verde Islands deliver the ultimate solution.

Year-round sunshine, unspoiled scenery, world class water sports, fascinating culture, unrivalled six star resort facilities, increasing accessibility, rental guarantees, mortgages up yo 85% loan to value… and all in a country where this level of luxury is still remarkably attainable.

(more…)