What Can I Buy For My Money Abroad?Posted on: 19 June 2008 by Gareth Hargreaves
Property overseas advisors Principal International research the best global markets to bring you the top investments.
Whether it’s purely for investment, or to include some personal use, if you buy property abroad you could benefit from both strong capital growth and a good rental income. Here's a snap shot of what you could buy for your money abroad.
Budget Of £50k
If you have a budget fo £50k, Flora Apartments in Turkey could be just up your street.
Surrounded by beautiful scenery and conveniently located only a few minutes from the busy centre of Dalaman, the apartments have easy access to the sandy beach of Sarigerme, the quaint port of Gocek and the history and activities of Dalyan.
Dalaman is rapidly becoming a popular location for European investors and is considered to be the best location in Turkey for high capital growth because it is enjoying a massive injection of government cash to build a new marina, two international standard golf courses, a number of 5 star hotels, and an exhibition centre.
Startling capital and rental prospects in Turkey's top tipped area.
Rental Income 5/5
Capital Investment 5/5
Overall Rating 5/5
Dalaman airport is now the third largest in Turkey and brings flights from the UK and other destinations all year round, so accessiblity is not a problem. Plus, the new road tunnel which was completed in 2006 has opened up the resorts to the west, significantly reducing travelling time. It now takes just 15 minutes away from the sailing paradise of Gocek with its 4 stunning marinas.
Already famous for its thermal lake with reputed healing properties, you can also go river rafting on the Dalaman River and do winter sports at Seki ski resort, a mere 45 minutes drive from Fethiye.
There are 36 apartments in total, available with either 2 or 3 bedrooms and 2 or 3 bathrooms. Facilities include a large communal swimming pool, communal car parking, set in landscaped gardens. The planned local golf courses and the mild winters mean that Flora Apartments will enjoy an extended holiday season.
Budget Of £100k
If sun, sea, spas, golf and tennis are your thing, this development in St Lucia could be right for you.
5 Star Facillities
The 500 acre Marquis Estate will feature an 18-hole championship golf course, a stunning marina, a range of boutiques, shops and restaurants. The marina will incorporate apartments and penthouses as well as the golf course villas and cabana houses. In addition there will be mountain side properties with sea views.
Below market value opportunity with the prospect of substantial capital appreciation coupled with a low deposit requirement.
Rental Income: 5/5
Capital Investment: 5/5
Overall Rating: 5/5
The island's Sanctuary and Spa is a separate segment of the resort surrouded by water and nestled amongst the white sand, like an inland Maldivian island retreat. Reached by private bridge the Island Sanctuary houses a number of exclusive villas, spa and restaurants.
Purchasers will have full use of the 5 star facililties on the development which will include several swimming pools, a casino, a fitness centre, white sandy beach, spa, retail outlets and full conference and banquetting facillities. The Equestrian Centre will include stabling and tracks through the surrounding landscape with trekking paths planned through the national park area.
Budget Of £150k+
£160k will buy you a property in a private community of 19 luxuriously appointed 2 and 3 bedroom properties in Cyprus.
Sea & Mountain Views
Nicoletta apartments are situated in the idyllic established area of Peyia village, with panoramic sea and mountain views, only minutes from the picturesque village centre, and a five minute drive to Coral Bay’s sandy beaches.
Great capital potential, great rental potential and close to all amenities. Perfect holiday location, especially if you know and love Cyprus.
Rental Income: 4/5
Capital Investment: 5/5
Overall Rating: 3/5
Court 19 is easily accessible, excellent leisure facilities are planned, with 3 swimming pools including a full size communal pool, jacuzzi, playground and barbecue area.
Cyprus is a real home-from-home with a distinct British influence, a large ex-pat community with English widely spoken. A typical Mediterranean climate and a low crime rate mean security isn't an issue.
The country has a low cost of living so your money goes further and there are a large number of flights to Cyprus each week so it's easy to reach and it is reported that low-cost airlines Easyjet and Ryanair will be offereing a regular service very soon.
Cyprus has undergone vast changes in recent years, commanding high returns on capital and rental returns, and is now considered one of the best countries to currently invest in.
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