Property Investment Opportunities in North East Brazil Popular with Brits

More people may be considering a mortgage for overseas property in Brazil as the country grows in popularity, both as a tourist destination and with investors.

Glauco Chris Fuzinatto, UK and Ireland director at the Brazilian Tourist Office, said the north-east of the country is becoming more popular with Brits and that investment opportunities are opening up.

A key point for growth is the development of new flight routes into the country, so that accessibility improves, he said, noting that this is now happening in various parts of Brazil.
"One important element for it becoming your second home is the accessibility. If it is easy for you to get there, then it's easier for you to buy a property as your holiday home or second home," he said.

The country is experiencing tourism growth as well, Mr Fuzinatto said, noting that there is still potential for further expansion.

Earlier this month, head of overseas at Rightmove, Robin Wilson, said that there is "a lot of buzz" about Brazil as an investment location at the moment, but suggested that those considering a mortgage abroad should work with a forex dealer to ensure they limit their risk.

London Mews House for Sale

Marylebone Mews House for Sale

Salisbury Place is a quiet mews sandwiched between Upper Montague Street & Gloucester Place off the Marylebone Road.

The property benefits from the vast array of excellent shops, cafes and eateries found within the area, with Oxford Street and Baker Street also close by. Transport links include Baker Street Underground Station & Marylebone Overground Station.

Planning permission has been granted for the conversion of this existing double garage into a residential dwelling (Studio flat)

Central London Mews House for Sale

Turkish Government Promoting Foreign Property Investment in Turkey

A healthy 32,000 overseas property buyers from the UK have now invested in Turkey according to recent figures from the Turkish General Directorate of Land Registry.

And with plans now approved for the country’s biggest ever airport to be built on the outskirts of Istanbul, it will be easier than ever for fly to let customers to access rentals in the area.

Describing the wave of investment as “remarkable,” Suleyman Akbay of Oceanwide Properties said: “There are many advantages to purchasing a property in Turkey, including the fact that there aren’t any capital gains taxes to be paid if the property is owned for more than five years.

“Recently approved new mortgage laws too make it easier to purchase overseas homes in Turkey and prices are extraordinarily low compared to many other European countries.”

The Turkish Government is actively promoting foreign investment and is concentrating hard on new infrastructure projects such as improved roads, airports and telecoms.

UK Property Development Opportunity West Hampstead London

UK Property Development Opportunity West Hampstead London

West Hampstead Community Centre
Mill Lane
London
Greater London
NW6
£ 825,000 Freehold

Property located in a parade of shops between Ravenshaw Street and Broomsleigh Street, close to excellent local shopping and transport services.

It comprises 2 Intercommunicating Terrace Properties with D1 Use and an outbuilding to the rear.

The property is suitable for continued D1 use but also a planning application has been submitted to reconfigure the property into retail + 6 residential units. Inc;

- Ground floor retail unit (approx 320 sq.ft)
- Seperate front entrance to 4 residential units (2 x studio flats and 2 x 2-bedroom flats)
- Gated entrance leading to courtyard accessing a 1-bed LG floor flat and a self contained 2 storey 1-bedroom house with parking.

The existing accommodation comprises:

Second Floor Front Room 12' 10" x 15' 0" into Alcoves. Rear Room 9' 1" x 8' 11" into Alcoves. Through Room 26' 3" x 14' 11 narrowing to 11' 10".

First Floor - Front Room 12' 11" x 15' 0" into Alcoves. Rear Room 8' 9" x 12' 11". Through Room 26' 3" x 14' 11 narrowing to 11' 10".

Ground Floor Shop 10' 3" widening to 12' 5" x 26' 5" depth WC, wash hand basin.

Basement Front Room 12' 4" x 14' 2" Rear Room 11' 6" x 12' 9"

Two Storey Outbuilding at Rear comprising: Ground Floor 16' 2" x 11' 5" . Addition Room 6' 0" x 14' 5". First Floor 16' 2" x 11' 5". Ground Floor Office 12' 6" x 13' 0". Gas-fired central heating (not tested). Double gates with vehicular access under archway to Yard at rear.

West Hampstead property Development Opportunity

Kent Building Land With Planning Permission For Sale

Former Service Station for Sale as Building Land

Chatham
Dock Road
Chatham
Kent
ME4

GIA: 18167 sq/ft*

£ 750,000 + VAT Freehold

The development is situated on Dock Road giving easy access to motorway links, the Town Centre and Mainline Railway Station.Dockside Outlet Centre with its selection of shops, bars and restaurants.

The site is a former service station which is now cleared.

Planning permission has been granted for the erection of 17 flats and 7 town houses.

Kent Building Land With Planning Permission For Sale

New Foreign Buyers in New York City

South Americans are replacing Middle East investors and Russian oligarchs as key real estate buyers in New York City, agents say.

International buyers usually account for anywhere from 10 to 15 percent of property buyers in the city, which attracts a global array of investors and second-home buyers. Even through the economic struggles of the last 18 months, Realtors reported a steady stream of international clients looking for bargains.

But the buyers have changed in recent months, a New York Times article suggests.

“Foreigners are once again buying in Manhattan, energizing the still-fragile market. In recent months, according to brokers and developers, the money has been just as likely to come from South America or Mexico as Europe or the Middle East.”

Cuban Property; 99 year Leases for Luxury Villas and Holiday Homes

Foreign real estate investors in Cuba are being granted leases on government land for up to 99 years in a move that could see a raft of luxury villas, holidays homes and golf courses being built.

Developers have been urging the Cuban government to open up to foreign investment and more and more tourists are arriving on the Caribbean island.

A new law published last week loosened property rules to allow 99 year leases for foreigners as part of a package of measures introduced by President Raul Castro to scale back the state’s near total dominance of the economy while attempting to generate new revenue for a government short on cash.

One developer, Canadian based Leisure Canada, is pleased by the move. It wants to build hotels, villas and two golf courses on a beach in Jibocoa, 40 miles east of the capital Havana.