Archive for September, 2006
September 29, 2006 at 3:12 pm
· Filed under Design
I hope Building Design won’t mind me quoting at length from architect Andrew Waugh’s report on 35 Ramsgate Street in Dalston. It’s a mixed use development - some affordable housing, some office space, and the brief demanded that renewable…
Original post by articles and PropertyMagnate.com
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September 29, 2006 at 9:59 am
· Filed under Press Releases
Where on Earth Ltd, a specialist overseas property sourcing/consultancy company is pleased to announce a fantastic 100% finance opportunity in Sophia the capital of Bulgaria “One of the most frequent requests we get from buyers is for deals where they can get high levels of borrowing. However, one of the disadvantages when investing overseas with a view to BTL is that, normally, you are required to put down a minimum deposit of 30 per cent. This deal in an emerging market offers up to 100 per cent non-status finance.†says Nick Shinner, Director of Where on earth LTD.. In addition to 100 per cent non-status finance, houses are pre-let to corporate tenants at approx. 10 per cent yield per annum.
The Developer will only be building brand new two-, three- and four-bedroom, detached, high-specification, freehold houses for sale in popular suburbs of Sofia. The main reason is clear – there is a large demand for houses available for rental to corporate clients engaging in business in preparation for the entry of Bulgaria to the EU (2007) and beyond. At present, there are just not enough rental properties of a suitable standard available. 2- bedroom houses from only €95,000.
Key Attractions
• 100% non-status finance available, which gives buyers the option of a low risk investment in the Buy to Let market.
• The houses will be let upon completion to waiting corporate tenants on a 12-month renewable contract. Gross yields will be approximately 10 per cent per annum.
• The development consists of two-, three- and four- bedroom, detached, high specification, fully-furnished houses with private gardens and garage.
• While the apartment market has plenty of supply in Sofia, the supply of high-quality houses is very low, and demand from locals and the rental market far outweigh this.
• The houses are sold with freehold ownership
Why Invest in Sofia and Bulgaria
• A rapidly growing more affluent local population coupled with foreign companies opening offices in Sofia has led to a severe housing shortage in Sofia. Many large multinational companies are basing themselves in Sofia and their workforce will need year-round, good quality accommodation.
• International companies including GE Capital, Ernst & Young, Citibank, Coca Cola, Nokia and Siemens have set up offices in Sofia, showing the confidence these companies have in the region.
• The mortgage market has only opened up to locals and investors over the last two years. This clearly will have a dramatic impact on house prices and demand, supporting the fact that there is a strong local market for re-sales.
• Capital growth in Sofia is expected to achieve 10 – 20 per cent per annum over the next five years.
• Bulgaria is set to join EU in 2007
• Prices are far cheaper in Sofia than most European capital cities, which will ensure strong yields
• Bulgaria Air has announced that they are launching additional services between Sofia and Prague, Brussels, Paris, Amsterdam and Barcelona. They have also started daily flights from London.
Tags
Press Releases
Original post by articles and PropertyMagnate.com
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September 29, 2006 at 9:40 am
· Filed under Design
And it’s about time, isn’t it? I don’t know about you… but the time my cleaners waste cleaning the champagne from my chandeliers. Time which could so easily be better spent spit-polishing my spats. Anyway, the chandelier’s by US specialists…
Original post by articles and PropertyMagnate.com
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September 28, 2006 at 6:52 pm
· Filed under Miscellaneous
The Telegraph has done a good job of tracking down homeowners who’ve bagged property bargains by putting up with a bit of extraneous noise, and properties currently for sale which offer more in the way of facilities, if you’re…
Original post by articles and PropertyMagnate.com
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September 28, 2006 at 6:27 pm
· Filed under House prices
Ten reasons why the Fool says it’s all going to end in tears: We overspend. Our bills are soaring. Mortgage debt is up. Unsecured debt is up. Mortgage equity withdrawal is up. Wages aren’t keeping pace with debt. Savings are…
Original post by articles and PropertyMagnate.com
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September 28, 2006 at 8:32 am
· Filed under House prices
It’s a rise of 1.3% in September, bringing the annual rate of house price inflation to 8.2%. Which was enough to make Nationwide’s Fionnuala Early come over all lyrical. “Just like the weather, the housing market was unseasonably warm in…
Original post by articles and PropertyMagnate.com
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September 27, 2006 at 11:48 pm
· Filed under Real Estate Marketing
What would happen if you could get rich information from Realtors just like yourself, that are succeeding online?
What if you could get inside information and insights into the way they think, deal, and operate?
What if you could see the future of online and offline real estate?
That is what we have in store for you at:Real Estate Expert Interviews
Simply scroll down, click sign in, put in your email address and you will get a password emailed for your entrance.
The first Interview is from a newer agent who averages 2-6 deals a month. All generated from his website.
Listen in as I fire off the questions you wish you could ask. And pay attention as he answers with precision and incredible wisdom.
Who is this Chicago Wiz Kid?
Find out here:http://www.interviewswithrealestateexperts.com/
Original post by noemail@noemail.org (Tim O’Keefe) and PropertyMagnate.com
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September 27, 2006 at 7:44 pm
· Filed under Linkage
On the road with the property finders [Independent] Weak mortgage approvals data for August suggest rate rise biting [Reuters] Blimey - house prices to rise 40% over next five years - the Mirror’s big bulls [Mirror] Unexpected US home sale…
Original post by articles and PropertyMagnate.com
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September 27, 2006 at 5:28 pm
· Filed under Real Estate Marketing, Real Estate News
Who is selling all that property? With all the doom and gloom out there, did you know that 2006 is on pace to be the third highest transactional year.National Association of Realtors (NAR), 2006 is on pace to be the…
Original post by noemail@noemail.org (Tim O’Keefe) and PropertyMagnate.com
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September 27, 2006 at 11:49 am
· Filed under Letting
New licensing rules designed to curb the activities of rogue landlords are resulting in a mass withdrawal from the multiple occupancy sector and the early signs of a shortage of affordable housing. Apparently, the RICS report that almost a third…
Original post by articles and PropertyMagnate.com
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September 27, 2006 at 10:11 am
· Filed under Celebrity homes
If you’re Sven Goran Eriksson and you’re still being paid £13,000 a day by the FA to keep your hands of doom off the English game, then you can afford a holiday villa on the island of Koh Samui. According…
Original post by articles and PropertyMagnate.com
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September 27, 2006 at 12:37 am
· Filed under Online Marketing Statistics
However, the survey does seem to make the suggestion that the faster you get to being human with a prospect, the faster you will create more sales. Maybe those old sales trainings that nothing happens until you are Belly to Belly have merit. Its also why I implore Realtors to use forced opt-in for their IDX VOW Real Estate sites.
Original post by noemail@noemail.org (Tim O’Keefe) and PropertyMagnate.com
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September 26, 2006 at 3:17 pm
· Filed under Uncategorized
That’s what the RICS predicts. More here….
Original post by articles and PropertyMagnate.com
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September 26, 2006 at 11:39 am
· Filed under Linkage
Halifax call for inheritance threshold to rise to £430,000 [Reuters] Gordon Brown’s speech - even more insultingly banal when written down [Guardian] Rate rise considered at BofE’s September meeting [Forbes] Third of homeowners expect to work into retirement to pay…
Original post by articles and PropertyMagnate.com
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September 25, 2006 at 6:21 pm
· Filed under Estate agents
Congratulations and kudos to Urban Spaces - Green & Co.’s hip home specialists who have officially achieved “Cool Brand Status”. They were voted cool by a panel of judges (designers, media-commentators, blah blah) who didn’t make any special effort to…
Original post by articles and PropertyMagnate.com
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September 25, 2006 at 4:41 pm
· Filed under Real Estate Marketing
ERA Real Estate has agreed to feed as a test about 76,000 ERA represented property listings with Trulia Real Estate Search Engine. At what point does the other majors like Remax, C21, Prudential and others use engines like this? And…
Original post by noemail@noemail.org (Tim O’Keefe) and PropertyMagnate.com
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September 25, 2006 at 4:34 pm
· Filed under Real Estate Marketing
It has been said that the same strategies of persuasion were used by Hitler that were used by King, Kennedy Ghandi. But it has also said that you cannot get someone to do something against their will. But you can…
Original post by noemail@noemail.org (Tim O’Keefe) and PropertyMagnate.com
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September 25, 2006 at 4:34 pm
· Filed under Real Estate Marketing
It has been said that the same strategies of persuasion were used by Hitler that were used by King, Kennedy Ghandi. But it has also said that you cannot get someone to do something against their will. But you can…
Original post by noemail@noemail.org (Tim O’Keefe) and PropertyMagnate.com
Related Articles:Persuasion & InfluenceIt has been said that the same strategies of persuasion were used by Hitler that were used by King, Kennedy Ghandi. But it has also...... click title for details
Peruasion & InfluenceIt has been said that the same strategies of persuasion were used by Hitler that were used by King, Kennedy Ghandi. As well as Hitler....... click title for details
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September 25, 2006 at 2:53 pm
· Filed under Design
Property group Minerva - damaged by the bankruptcy of the Allders chain - has dropped plans to build the City’s biggest skyscraper at St Botolph’s House. The company secured planning permission in April 2004 for a 50-storey, 1 million square…
Original post by articles and PropertyMagnate.com
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September 25, 2006 at 10:26 am
· Filed under Uncategorized
In Islington, “half the people are very rich and the other half are on benefits, and there’s no one in between”, says our neighbour, a senior executive at the borough council. He exaggerates, but not by much. Islington goes under…
Original post by articles and PropertyMagnate.com
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