Archive for the ‘Real Estate’ Category

Canadians Flocking to Costa Rica Along With Other Commonwealth Nations

Monday, January 11th, 2010

With the recent decline in the US dollar and the increase in other currencies such as the Euro and Canadian dollar, we are seeing an increase in traffic coming from countries like Canada, England, France, Germany and more. What’s the attraction?

The attraction seems to be the fact that when the home currency values high, their people tend to invest. Therefore while different currencies are strong, and the winter months are heading in to full swing, the interest in Costa Rica property seems to skyrocket. Who doesn’t dream of sitting on a tropical beach sipping a martini while back home your best mate is shoveling his driveway? With an average year long temperature of 24c, this makes for some of the best climates in the world where 5% of the worlds plant species thrive.

Costa Rica property has been popular with the US for almost 15 years now and with the current economic crunch there, we are seeing more Americans holding on to their cash and hunkering down to weather the economic storm. Maybe once the US manages to steer clear of economic turmoil, they will begin to start investing again however at this time, it’s our best guess that the US investment is down by some 30%.

This isn’t necessarily bad news. We are on the cusp of what appears to be the dawn of a “new” real estate industry. One of mixed cultures and backgrounds from all over the world. More of a shift in market target direction whereas the Costa Rica property market appeals to a broader spectrum of potential investors.

More and more everyday, we are seeing Canadian and European investors coming here where their home currency is strong and comparably speaking, the true value is in the quality of investment potential here compared to back home. Construction is possible for less than 65$ sq/ft. Your money goes further here.

Not dependent on the level of investment, Costa Rica offers value and opportunity straight across the board. From sub $50,000 foreclosure homes, to multi million dollar development projects, this is the time to buy. One quick glance across the internet will show you that it is a “buyers market” in Costa Rica.

So whether you are looking for investment property or simply want a place to relax at for three months of the year during winter, then might it not be worth considering taking a look? You know, we weren’t voted the “Happiest Place on Earth” for nothing.

Don G. Halbert is a professional marketing executive with the SellingCR Group and actively promotes businesses throughout Costa Rica via his specialized and proven, Costa Rica SEO strategies.

Costa Rica Property Site is a premium real estate site in Costa Rica specializing in properties throughout the country with emphasis on the Southern Pacific region.

How to Turn a Negative Real Estate Market Into a Positive

Monday, January 11th, 2010

If there is one thing that most Americans can agree on today, it’s the deplorable state of our economy. Though most of the market reports are saying that we’re stabilizing, and some companies are even beginning to report quarterly gains, most of us at home aren’t feeling the optimism.

The real estate market in particular has been threatening. Ever since the housing bubble “burst,” the reports of foreclosures, mortgage defaults, and short sales have been never ending. Though the media has almost stopped reporting on the horrible state of the real estate market, it doesn’t mean that the situation has improved much.

The one thing that we can always count on – regardless of the market – is that someone, somewhere will find a way to take advantage of other people’s hardships. It’s not surprising that the way people have found to take advantage of this situation is “house flipping.”

“House flipping” is a popular term for those that buy a dilapidated or foreclosed property, and perform general maintenance, repairs, and basic improvements in appearance before selling the house for a profit.

House flipping is not new. In fact, one of the most popular television programs of the 2000s – TLC’s “Flip That House” – chronicled the trials, tribulations, and eventual victories of people participating in this very business. But even before TLC started rolling the cameras, you can see from a simple search on Google, home income “gurus” were already well versed in this idea, and perhaps even more well versed in how to sell it to you.

Robert Allen (not associated with the Robert Allen furniture design store), John Alexander, Bill Bowen, all familiar faces on the late night infomercial circuit, promising that they will show you how to take advantage of this opportunity for a price. Fortunately, due to television shows like “Flip That House,” this concept has already been blown wide open.

AE already has a follow up show, “Flip This House.” HGTV has multiple shows that teach the tricks of “home staging” for a fast sell, and the whole DIY network is dedicated to “do-it-yourself” home improvements. And if taking notes in front of the TV set isn’t your thing, there is a magical place called “the library” where you can find books filled with knowledge.

Or, if you still refuse to go to that library because your son has a $30 fine from a book he lost, there’s always Old Reliable – Google. Home income “gurus” aside, there are hundreds of websites that will explain to you the difficulties of purchasing a foreclosed home, the most important steps you should take once you’ve purchase one, and the top ten things you should improve to get the best price on your house.

There are people who say that they enjoyed and learned from the programs being sold by Robert Allen, John Alexander, Bill Bowen, and the rest of them, but if you want to save that seminar money to put toward granite countertops in your new foreclosed home, then you certainly have that option.

For more info check out additional Robert Allen and Google Home Income reviews.

Paphos Property For You to Check Out

Monday, January 11th, 2010

There are some places in the world where the recession does not seem to have affected much, if one were to go by the prices of property and real estate in these places. These are places that are in great demand because of the fact that these represent great investment and capital or value appreciation potential. This is where Paphos property comes in handy as it is one of the most cherished and sought after property locations in Cyprus. In any case, Cyprus is quite famous around the world and a property there is much actively sought after by celebrities and common people alike.

When it comes to Paphos, it is a coastal city located in the southwest region of Cyprus, a gem of an island nation in the Mediterranean Sea. If we look at Greek mythology, it is said that Paphos was the birthplace of Aphrodite, the Greek goddess of beauty and love. It is also closely associated with the travels of Saint Paul in the first century A.D. With all its wonderful historical moorings, it is no wonder that Paphos is a magical and mystical place, which also establishes its identity as a place where Paphos property is of high value and cherished by people.

In the modern age, Paphos has established itself as a popular sea and tourist resort. It has quaint but delightful fishing harbor, which brings great joy and charm to those who chance to visit it. This is why there is a great deal of demand for Paphos property, because people realize its vast potential as a tourist location of choice. It also goes without saying that there are so many people who would love to get hold of a property here just because they can easily convert it into a resort or a holiday home and thereby make decent profits from a great number of tourists that throngs here every year.

If you want to look at Paphos property, do go online and look at the various options that are available. Do not be taken in just by the slick websites as that may not serve your purpose perfectly. Rather, it may be worth your while to look up various property options yourself and then see as to what suits your needs and budget to the largest extent. After all, when you are spending your hard earned dollars, it always makes immense sense to ensure that you get the very best deal.

Cyprus property makes a great investment. To locate or list Paphos property, visit the website below now: http://www.theplazatc.com

London’s High Net Worth Individuals Are Back

Monday, January 11th, 2010

The recession is over. Or is it? It seems that numerous headlines from newspapers, magazines and television news are all claiming different things. Some say that there is light at the end of the tunnel whilst others proclaim that the darkness is set to stay around for a while longer. High net worth individuals are back in full force and as we approach Christmas, spending sprees of cars, homes and luxury items are on the rise. And as we watch the market slowly rise, many are hoping that this is the end of a very low dip.

Bentley, one of the leading luxury car manufacturers announced earlier this week that they are going ahead and producing their Mulsanne model that will be available in the UK summer and this will definitely appeal to individuals who fall into the high net worth bracket. Bentley feels extremely confident with this decision and claim that the demand for this super exclusive car is high. They added that orders are streaming in as many high net worth individuals order their new motor vehicle for the summer season.

London’s elite are not only spending their cash on cars, but also forking out on luxurious London property, exquisite jewellery and one of a kind art pieces. Even yacht sales are up again. London houses are not being left behind as spending rises and there have recently been a number of homes being sold for above £10 million. Even though people are still hesitant, high net worth clients included, home sales are still being made and the numbers of homes sold are expected to increase.

The jewellery market is also recovering slowly but surely and wealthy people are spending thousands of pounds on gold and silver pieces as the year comes to a close.

It seems that this economic slump has not affected the high net worth individuals as much as many have expected. Researchers say that even though the ultra high net worth individuals have lost more percentage wise, they still have a large amount of funds, and the loss of additional funds have not made a big impact on their lifestyle.

It will still be a considerable amount of time before London and the rest of the UK return to pre-2007 economic levels. Even though the number of high net worth individuals does not seem to be rising at this present time, the amount of money they are beginning to spend is, as all the Bentleys, mansions and yachts being sold would imply.

Lauren Potgieter wrote this article for Douglas and Gordon Estate agents and their London Property

Lake Norman Waterfront Homes vs Waterview Homes

Monday, January 11th, 2010

Lake Norman is one of the premier destinations to live in the Southeast if not the entire U.S. Just North of Charlotte, NC, Lake Norman offers a lifestyle like no other. With professional sports, an International airport and a huge playground of water, homebuyers and sellers deserve the best Realtors they can find.

The real question about living near the lake is “what is actually good waterfront or good waterview”. You see there is a dilemma when defining ‘good’ Lake Norman waterfront or waterview.

First, lets analyse waterfront property. Lake Norman waterfront property is just that; property that exists on the water. However, not all waterfront is created equal. Some of the reasons are obvious and often times the price will tell us whether the home has a beautiful unabated view of the lake or exists in the back of cove.

For example, I found a gorgeous home on the water having a cost over 3 millions dollars with a deeded boat slip. What this means is that the home can not have it’s own dock because it does not meet one or more of the restrictions set forth by Duke Energy. Also some waterfront homes are in the back of coves with questionable water depth. In winter the depth of Lake Norman drops from 5-6 feet up to 10-12 feet. We end up calling some of these homes mud-fronts! So you can see waterfront property on Lake Norman is not all created equal and you need be careful when looking at listings online. If there are numerous pictures of the water then you can bet it really is good or adequate. If conspicuously there are few pictures of the lake then it is not the main selling point.

Second, waterview homes are even more difficult to ascertain. I was showing waterview property (as defined by the listing agent) one time and it was waterview as long as you walked to the end of the driveway and looked to your left. Also many listing agents will list a home as waterview AND waterfront which can skew the number of waterview homes coming up in search results. Then we have what we call seasonal waterview. This means when the leaves fall off the trees, you can actually see the water. Agents will not always list it this way but your buyers agent can help you determine if this is the case.

Lastly. Pay attention to the home if it has a deeded boat slip. You may really want that view, however without lake access, it is not worth nearly as much. You would be better off buying a home in boating community which offers a deeded boat slip with the home. You can still easily enjoy the lake and the value the boat slip ads will pay off when you sell.

All in all this can be frustrating. Your Realtor (buyers agent) should actually view pictures of the homes or better yet, preview the homes for you so you don’t have to walk to the end of the driveway to see the water. Lesson learned on my part! Bottom line is make sure you have a full understanding of this dilemma before you jump in the car to see homes!

Roby Robertson is the broker owner of Real Living In Style with offices surrounding Lake Norman. With years of experience with luxury home buying and selling, he is well equipped in helping those looking for Lake Norman property.

For additional information on homes for sale Lake Norman Communities.

Read more articles, visit Find Lake Norman Homes For sale.