Horse Property|horseproperty-123.com
Jul
05
Filed Under (Investing) by horse
Kris Koonar asked:
High net worth individuals are investing in properties of a varied nature. There are those that serve them for their living purposes, while there are others to earn them major yields. These could be resorts and holiday homes to hotels and the like, where holiday makers throng during vacations. The high net worth individuals are also investing in racing cars, horses, jets for private and commercial use, yachts and boats.
Along with on-line financial research, the high net worth individuals are constantly tracking information on shares trading, travel, news and technology advances. They are becoming more and more net-savvy, according to the real estate professionals. The reason behind this is their tremendous capacity for investing. Luxury real estates continue to grow on the strength of the purchasing capacity of the high net worth individual.
Financial management tools now available in the market enable the high net worth individual understand the value of his high-end, real estate holdings which run into multiple properties. Today, high net worth individuals are glancing in the direction of luxury properties on islands.
With the number of high net worth individuals increasing, the right properties are running short. Properties that high net worth individuals try to locate are falling short of meeting with the expectations of the buyers. Properties have been selling out like hot cakes when the right kind of property is available or identified. The criteria for locating luxury properties for the high net worth individual are different from those for the common person.
Time is one of the criteria for high net worth individuals for who distance or proximity, accessibility and convenience are a priority. Prestige and lifestyle are two of the other criteria which are taken into consideration when locating luxury properties. Hence, to remain ahead of the common crowd, the high net worth individuals are constantly on the look out for properties approachable by private jets and more so on islands which are away from the ‘madding crowd’, yet approachable by them at short notice and for short periods of visit.
Properties that meet with the criteria of the high net worth individuals should be in close proximity to the mainland of residence. The house should be so architectured that the occupants should be able to capture the surrounding view from each of the rooms. These properties are created with the most luxurious of interiors, having sourced material from different parts of the world, like roof tops from India, doors from Sweden and windows from the US, granite from China and fireplaces from Holland.
The entire place is made to exude an impression of luxury with its number of rooms, spaciousness and lighting, the landscaped gardens and the driveways. The floors are richly carpeted, with a mix of modern and antique furniture and artifacts. The drapes too are rich and lend individuality and character to each room. A rich collection of books goes to make up a much treasured library to complement their home. Many of these properties are sea facing or on beaches from where the high net worth individuals are able to sail out on their private yachts.
STUART
High net worth individuals are investing in properties of a varied nature. There are those that serve them for their living purposes, while there are others to earn them major yields. These could be resorts and holiday homes to hotels and the like, where holiday makers throng during vacations. The high net worth individuals are also investing in racing cars, horses, jets for private and commercial use, yachts and boats.
Along with on-line financial research, the high net worth individuals are constantly tracking information on shares trading, travel, news and technology advances. They are becoming more and more net-savvy, according to the real estate professionals. The reason behind this is their tremendous capacity for investing. Luxury real estates continue to grow on the strength of the purchasing capacity of the high net worth individual.
Financial management tools now available in the market enable the high net worth individual understand the value of his high-end, real estate holdings which run into multiple properties. Today, high net worth individuals are glancing in the direction of luxury properties on islands.
With the number of high net worth individuals increasing, the right properties are running short. Properties that high net worth individuals try to locate are falling short of meeting with the expectations of the buyers. Properties have been selling out like hot cakes when the right kind of property is available or identified. The criteria for locating luxury properties for the high net worth individual are different from those for the common person.
Time is one of the criteria for high net worth individuals for who distance or proximity, accessibility and convenience are a priority. Prestige and lifestyle are two of the other criteria which are taken into consideration when locating luxury properties. Hence, to remain ahead of the common crowd, the high net worth individuals are constantly on the look out for properties approachable by private jets and more so on islands which are away from the ‘madding crowd’, yet approachable by them at short notice and for short periods of visit.
Properties that meet with the criteria of the high net worth individuals should be in close proximity to the mainland of residence. The house should be so architectured that the occupants should be able to capture the surrounding view from each of the rooms. These properties are created with the most luxurious of interiors, having sourced material from different parts of the world, like roof tops from India, doors from Sweden and windows from the US, granite from China and fireplaces from Holland.
The entire place is made to exude an impression of luxury with its number of rooms, spaciousness and lighting, the landscaped gardens and the driveways. The floors are richly carpeted, with a mix of modern and antique furniture and artifacts. The drapes too are rich and lend individuality and character to each room. A rich collection of books goes to make up a much treasured library to complement their home. Many of these properties are sea facing or on beaches from where the high net worth individuals are able to sail out on their private yachts.
STUART
Sep
21
Filed Under (Investing) by horse
Thomas Brailsford asked:
Why Bulgaria? It’s not just the good value of the land. Take a walk through a blizzard in Sofia, the capital city, like I did last winter. The snow is falling thick and fast and cars fly past me down the boulevard seemingly trying to break the world land speed record. Realising that I have a free afternoon I turn my head and through the falling snow and over the rooftops I can make out the looming white shape of Vitosha mountain. Let’s time this. Forty-nine minutes later I am looking down on the city with a snowboard attached to my feet flying down the mountain at death defying speed. What a place to live; work in the morning, snowboard in the afternoon. A lazy countryside, yet more rugged mountains and quaint villages lie a few kilometres beyond. Beaches stretch along the coast further out.
Of course there is more to Bulgaria than a few mountains and beaches. The countryside is varied and spectacular, littered with pretty villages. The people are warm and friendly and will invite you to drink a rakya with them, not caring that you don’t speak a word of each others language. On semi-major roads it is not uncommon to see a top of the range BMW overtaking a horse and cart. Eating out in a fresh seafood restaurant is cheap and the fresh fruit you find at road side stalls along the highway is some of the most delicious I have ever tasted. The country is also a major exporter of quality wine.
This mix has become a magnet for discount holiday seekers, and the property dealers - like myself - that follow. The Bulgarians have risen to the occasion, dropping what they’re doing and setting out their stalls to sell any property that they can.
Of course it wasn’t just the hot bulgarian properties that put me in competition with the locals. On my way back from a reconnaissance in June 2004, I arrived early to the airport to be in plenty of time to reserve my favourite window seat. To my utter dismay there was no window on my aisle and I was lumbered with a ‘wall seat.’ The Bulgarian girl next to me found it amusing, commenting “nice view!” Within 3 months we were living together in Sofia. Three more months and we were married. Daniel Brailsford was born 5 months after that. Fast work.
So I went online with everyone else and found many punters would prefer a cheap little cottage set in beautiful mountains or seaside areas. However, due to decrepit properties that often are worth nothing more than the land they are built on, money may be spent better elsewhere. Many of these properties have ownership complications hanging over them to boot not to mention being nigh on impossible to get to during some of the most brutal winter months. It became apparent that new-built developments are a far more sensible investment.
The capital is one destination many foreign investors are missing. While the coastal market has grown at an unnatural rate, and this may be of concern to the speculator, a capital city is the fairest measure of the true nature of a property market. Bulgaria will join the European Union in 2007. This will further cement stability and lead to further investment on all levels. All this combined and you have the perfect ingredients for steady and sustained urban market growth. It isn’t a bad investment for those willing to up the stakes and gamble on an apartment in the capital, especially new construction.
All things considered, in a foreign country with different laws and language it’s foolish to embark on anything without a good lawyer. English nationals can register a Ltd. company in Bulgaria when purchasing the equivalent to an ‘English freehold’ of land, or property with land attached. The law will change in this respect to bring property ownership in line with other European countries. When land is not part of the parcel - for example when purchasing an apartment - company registration is not necessary to gain freehold of the property. The daring are not finding these things to be much of a barrier.
The tricky thing is finding a trustworthy agent among the crowd, and that is where new investors in the region are stumbling. With my father as a former estate agent now specializing in surveying and having worked for him within the constraints of professional rules and ethics, with a civil engineering degree under my belt and construction experience, I was more than a little shocked at what I found in the Bulgarian market. Enforcement and good professional associations have not cleaned up the mess that high demand is spurring.
I spent a few months working with a Bulgarian estate agency of questionable ethics and following a failed coalition with some other wannabe estate agents, I discovered anyone can be an estate agent here and have heard various stories of people being considerably mislead. That’s not to say that all agents are sharks, but it does pay to shop around.
Unfortunately there are no numbers, nor a professional watchdog to say how much of this money might find its way into dubious transactions, but English investors might do well to check out their potential agents before leaping into the market. If regulation of the Bulgarian estate profession can be implemented, perhaps through EU accession everyone will be better off. If it all works out, more Britons will be flying the flag in the balmy Balkans, broadening the pool of pub-goers, and just maybe walking with a Bulgarian wife hanging off their arm. The bulgarian property I can find for you; a wife you have to find yourself.
BURT
Why Bulgaria? It’s not just the good value of the land. Take a walk through a blizzard in Sofia, the capital city, like I did last winter. The snow is falling thick and fast and cars fly past me down the boulevard seemingly trying to break the world land speed record. Realising that I have a free afternoon I turn my head and through the falling snow and over the rooftops I can make out the looming white shape of Vitosha mountain. Let’s time this. Forty-nine minutes later I am looking down on the city with a snowboard attached to my feet flying down the mountain at death defying speed. What a place to live; work in the morning, snowboard in the afternoon. A lazy countryside, yet more rugged mountains and quaint villages lie a few kilometres beyond. Beaches stretch along the coast further out.
Of course there is more to Bulgaria than a few mountains and beaches. The countryside is varied and spectacular, littered with pretty villages. The people are warm and friendly and will invite you to drink a rakya with them, not caring that you don’t speak a word of each others language. On semi-major roads it is not uncommon to see a top of the range BMW overtaking a horse and cart. Eating out in a fresh seafood restaurant is cheap and the fresh fruit you find at road side stalls along the highway is some of the most delicious I have ever tasted. The country is also a major exporter of quality wine.
This mix has become a magnet for discount holiday seekers, and the property dealers - like myself - that follow. The Bulgarians have risen to the occasion, dropping what they’re doing and setting out their stalls to sell any property that they can.
Of course it wasn’t just the hot bulgarian properties that put me in competition with the locals. On my way back from a reconnaissance in June 2004, I arrived early to the airport to be in plenty of time to reserve my favourite window seat. To my utter dismay there was no window on my aisle and I was lumbered with a ‘wall seat.’ The Bulgarian girl next to me found it amusing, commenting “nice view!” Within 3 months we were living together in Sofia. Three more months and we were married. Daniel Brailsford was born 5 months after that. Fast work.
So I went online with everyone else and found many punters would prefer a cheap little cottage set in beautiful mountains or seaside areas. However, due to decrepit properties that often are worth nothing more than the land they are built on, money may be spent better elsewhere. Many of these properties have ownership complications hanging over them to boot not to mention being nigh on impossible to get to during some of the most brutal winter months. It became apparent that new-built developments are a far more sensible investment.
The capital is one destination many foreign investors are missing. While the coastal market has grown at an unnatural rate, and this may be of concern to the speculator, a capital city is the fairest measure of the true nature of a property market. Bulgaria will join the European Union in 2007. This will further cement stability and lead to further investment on all levels. All this combined and you have the perfect ingredients for steady and sustained urban market growth. It isn’t a bad investment for those willing to up the stakes and gamble on an apartment in the capital, especially new construction.
All things considered, in a foreign country with different laws and language it’s foolish to embark on anything without a good lawyer. English nationals can register a Ltd. company in Bulgaria when purchasing the equivalent to an ‘English freehold’ of land, or property with land attached. The law will change in this respect to bring property ownership in line with other European countries. When land is not part of the parcel - for example when purchasing an apartment - company registration is not necessary to gain freehold of the property. The daring are not finding these things to be much of a barrier.
The tricky thing is finding a trustworthy agent among the crowd, and that is where new investors in the region are stumbling. With my father as a former estate agent now specializing in surveying and having worked for him within the constraints of professional rules and ethics, with a civil engineering degree under my belt and construction experience, I was more than a little shocked at what I found in the Bulgarian market. Enforcement and good professional associations have not cleaned up the mess that high demand is spurring.
I spent a few months working with a Bulgarian estate agency of questionable ethics and following a failed coalition with some other wannabe estate agents, I discovered anyone can be an estate agent here and have heard various stories of people being considerably mislead. That’s not to say that all agents are sharks, but it does pay to shop around.
Unfortunately there are no numbers, nor a professional watchdog to say how much of this money might find its way into dubious transactions, but English investors might do well to check out their potential agents before leaping into the market. If regulation of the Bulgarian estate profession can be implemented, perhaps through EU accession everyone will be better off. If it all works out, more Britons will be flying the flag in the balmy Balkans, broadening the pool of pub-goers, and just maybe walking with a Bulgarian wife hanging off their arm. The bulgarian property I can find for you; a wife you have to find yourself.
BURT
Mar
28
Filed Under (Investing) by horse
Les Calvert asked:
With globalization and liberalization at their zenith, the world is witnessing a rapid transformation towards a global village. The trend of ‘think global, act local’ (glocal) is also catching up pretty fast, whereby, the big and small business houses are increasingly looking to expand to offshore locations. The bringing together of all the nations closer has an interesting fallout. Now, no country seems far off in terms of investment or tourism purposes. With the prices of services crashing due to increased global competition in almost every country, investing in property abroad has suddenly assumed much more importance in the portfolio of the small time property investor.
Why Invest in Property Abroad?
The past decade has witnessed a paradigm shift in terms of the way people view the investment opportunities abroad. The opening up of international markets has a major role to play in this surge of demand for the overseas property market. Businesses are on an expansion spree, and the developing economies are welcoming the financial conglomerates with open arms. Globalisation has also led to a major increase in the spending capacities of the average man in the street, which in turn, means lots of disposable income and limited local resources to invest in. Resultantly, there is a clamor for investment in property abroad.
The reasons for investing in property abroad vary from individual to individual. But the bottom line is that everyone prefers real estate property investment overseas due to it being a relatively safer option to channelise the surplus funds nowadays. Most developing countries are witnessing a property boom and judging by the long-term policies of governments and the predictions by financial experts, the real estate sector is one of the safest bets to invest your money in.
Here are some of the factors that contribute to the surging demand of property for overseas investment.
The availability of credit options has opened up a world of opportunities for the overseas investors. The financial institutions have been offering attractive products to lend the required finance for investors, since the property mortgage is mostly dealt as a secured loan and much safer bet for the defaulters-wary banks and financial institutions.
The lure of an improved retired life in a country that offers much better standards of living is too good to resist. Finance is not much of a problem for this segment of investors.
Tourists are now seeking holiday homes in places where they enjoy the most. Again, the availability of easy finance has given them the opportunity to realize their dreams at much faster rate.
Most of the developing countries are offering a greater probability of capital appreciation for investing in real estate. As the development cycle is in its nascent stage, the property investment can translate into a windfall for the prospective investors.
There is a trend on moving to safer destinations abroad than suffering from the constant threat of terrorism and extremism. The lure of safer pastures and an easier less stressfull lifestyle has also contributed to the demand for overseas property.
The rising property rates will, more often than not, translate into rising rental values. The lure of good regular income from renting out the property abroad is also contributing to the surging demand for property investment overseas.
Current Hot Property Investment Destinations Abroad
Among major property investment destinations, countries like Spain, Italy, France, and Greece have always maintained a higher ranking among potential property investors. However, with the growing economies of developing nations and the dearth of supply of quality property in the developed countries, the countries of Eastern Europe have emerged as the dark horse in the race for grabbing a piece of the global real estate pie.
Bulgaria is attracting the maximum value for money being invested in real estate within the country. The Bulgarian landscape is rich in natural features like pristine sandy beaches along the Black Sea, wild mountain ranges, lush green hills, fertile plains with scented rose fields, richly colored orchards and sun drenched vine-yards, rivers, magnificent gorges, health spas and natural springs. The weather, comprising of four distinct seasons has also contributed towards the popularity of Bulgarian charm. The recent EU membership has catapulted the status of Bulgaria to newer heights and there has been a constant demand for Bulgarian property from around the world.
Croatia is another country of Eastern Europe that is poised for major gains as a result of its pending EU membership. The country has over 6000 km of vast coastline. Croatia is just waiting for the investors to pour money in its largely untapped tourism sector. Considering the immense potential the country has for the real estate investor, the Croatian property market is offering up property for grabs for peanuts considering the skyrocketing prices in other European nations.
Already a member of EU, Hungary poses a major challenge to the other established real estate giant countries. The economy of the country has seen tremendous gains from its EU membership and generous grants received from one of the richest Unions in the world. The rental property market in Hungary currently offers the best investment deal in terms of capital appreciation.
Estonia and Latvia are the other major East European nations that are emerging as the next destination for the budding real estate investors of the UK and other European countries. These countries are member nations of the EU and have elaborate expansion plans for their economies.
GRANT
With globalization and liberalization at their zenith, the world is witnessing a rapid transformation towards a global village. The trend of ‘think global, act local’ (glocal) is also catching up pretty fast, whereby, the big and small business houses are increasingly looking to expand to offshore locations. The bringing together of all the nations closer has an interesting fallout. Now, no country seems far off in terms of investment or tourism purposes. With the prices of services crashing due to increased global competition in almost every country, investing in property abroad has suddenly assumed much more importance in the portfolio of the small time property investor.
Why Invest in Property Abroad?
The past decade has witnessed a paradigm shift in terms of the way people view the investment opportunities abroad. The opening up of international markets has a major role to play in this surge of demand for the overseas property market. Businesses are on an expansion spree, and the developing economies are welcoming the financial conglomerates with open arms. Globalisation has also led to a major increase in the spending capacities of the average man in the street, which in turn, means lots of disposable income and limited local resources to invest in. Resultantly, there is a clamor for investment in property abroad.
The reasons for investing in property abroad vary from individual to individual. But the bottom line is that everyone prefers real estate property investment overseas due to it being a relatively safer option to channelise the surplus funds nowadays. Most developing countries are witnessing a property boom and judging by the long-term policies of governments and the predictions by financial experts, the real estate sector is one of the safest bets to invest your money in.
Here are some of the factors that contribute to the surging demand of property for overseas investment.
The availability of credit options has opened up a world of opportunities for the overseas investors. The financial institutions have been offering attractive products to lend the required finance for investors, since the property mortgage is mostly dealt as a secured loan and much safer bet for the defaulters-wary banks and financial institutions.
The lure of an improved retired life in a country that offers much better standards of living is too good to resist. Finance is not much of a problem for this segment of investors.
Tourists are now seeking holiday homes in places where they enjoy the most. Again, the availability of easy finance has given them the opportunity to realize their dreams at much faster rate.
Most of the developing countries are offering a greater probability of capital appreciation for investing in real estate. As the development cycle is in its nascent stage, the property investment can translate into a windfall for the prospective investors.
There is a trend on moving to safer destinations abroad than suffering from the constant threat of terrorism and extremism. The lure of safer pastures and an easier less stressfull lifestyle has also contributed to the demand for overseas property.
The rising property rates will, more often than not, translate into rising rental values. The lure of good regular income from renting out the property abroad is also contributing to the surging demand for property investment overseas.
Current Hot Property Investment Destinations Abroad
Among major property investment destinations, countries like Spain, Italy, France, and Greece have always maintained a higher ranking among potential property investors. However, with the growing economies of developing nations and the dearth of supply of quality property in the developed countries, the countries of Eastern Europe have emerged as the dark horse in the race for grabbing a piece of the global real estate pie.
Bulgaria is attracting the maximum value for money being invested in real estate within the country. The Bulgarian landscape is rich in natural features like pristine sandy beaches along the Black Sea, wild mountain ranges, lush green hills, fertile plains with scented rose fields, richly colored orchards and sun drenched vine-yards, rivers, magnificent gorges, health spas and natural springs. The weather, comprising of four distinct seasons has also contributed towards the popularity of Bulgarian charm. The recent EU membership has catapulted the status of Bulgaria to newer heights and there has been a constant demand for Bulgarian property from around the world.
Croatia is another country of Eastern Europe that is poised for major gains as a result of its pending EU membership. The country has over 6000 km of vast coastline. Croatia is just waiting for the investors to pour money in its largely untapped tourism sector. Considering the immense potential the country has for the real estate investor, the Croatian property market is offering up property for grabs for peanuts considering the skyrocketing prices in other European nations.
Already a member of EU, Hungary poses a major challenge to the other established real estate giant countries. The economy of the country has seen tremendous gains from its EU membership and generous grants received from one of the richest Unions in the world. The rental property market in Hungary currently offers the best investment deal in terms of capital appreciation.
Estonia and Latvia are the other major East European nations that are emerging as the next destination for the budding real estate investors of the UK and other European countries. These countries are member nations of the EU and have elaborate expansion plans for their economies.
GRANT
