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All their laws and buying processes are still based heavily on the Portuguese legal system.

All contracts of purchase are drawn up in Portuguese and English making them easily understandable for English purchasers. Before instructing a client to sign their contracts they will have performed all the necessary checks to make sure that the developer a) owns the land b) has the necessary licences c) that the developer is sufficiently cash rich to be able to complete the project. In some cases the developers offer bank guarantees or payments can be made to a lawyers escrow account. So sufficient safeguards are in place for prospective purchasers to feel safe.

The figures I quoted are official same day loans new york government statistics for the years past since development hit the islands and their forcast for the future. I know it seems incredible that prices will rise by these amounts but the government are confident in this. Investment in Cape Verde is long term not short term as it has been in the past here in the Canary Islands.

Land too low - I agree with your comments to Investy, the islands are similar to the Canary Islands in that the landscape is different on each Island. Sal is very flat but has incredible beaches, Boavista 1 hour cash loans is similar although best payday loan lender there are a few higher parts but the beaches here are the best of the islands. Also as you point out Santiago is the capital and because of this has more culture. However Sao Vicente is one of my favourite islands, although it is a small island it has beautiful scenery and again beaches. The culture here is second to non and a great place to meet the locals and mix with them.

The airport in Sao Vicente is also very near to being completed to international status and they hope that sometime next year direct flights from the UK will arrive. We tend to promote the islands as the new Caribbean into the UK market because they are the best example, weather, beaches, sea and people all very similar. My wife and I have spent a lot of time in the islands over the past couple of years on business and I have to drag her back to the Canaries everytime kicking and screaming, she would move their tomorrow but unfortunatly for me and the business it is not viable.... We got married in the Caribbean on St Thomas and go their every year for our anniversary and she still prefers Cape Verde, mind you she hates flying so this could be one reason.

The problem is nothing in life is easy if you want to make money you have to work at it. PLEASE PLEASE CALL ME IF YOU HEAR OF LAND THERE FOR SALE. Forget the Kent flat, your too late, all the easy money has gone and the B2L market is seriously crowded. Furthermore you should know many lenders have stopped lending on B2L new build property as there is mass over supply leading to high repossession numbers (ie whole blocks come to market all seeking tenants so rents are driven down). UK property does not pay for its self as you imply - I know as Ive recently sold my B2Ls. Work out the cost 1 hour cash loans of your deposit (ie loss of potential savings interest or if you borrowed the deposit the cost of that borrowing),plus the mortgage cost plus your maiantainance, accountants fees, the odd repair or rat removal etc etc. The US venture has better prospects but you need to think like an investor. Holiday rents in Florida can be not worthwhile and I often hear the costs never end (pool stops working etc etc).

Better to buy in a US city such as Atlanta and get year round rent or Toronto (Canada) with underground lift access to avoid snow pile ups. Its 1 hour cash loans right on your doorstep and like London 15 years ago.

I was in Slovenia 3 years ago and was amazed at the hospitality of the people and the beauty of the landscape. On that experience alone, I would consider it but I know little about property matters there. As far as Asia goes, I think Kuala Lumpur (Malaysia) offers excellent value for money (I have an apartment there). There is strong demand for housing from the young, urbanising workforce. However, property prices are very low so when the country does stabilise I think property prices will multiply. Overall, I feel that property in North America, Europe and Australasia are overvalued and that stockmarkets are fully valued.

You have had some interesting responses which will no doubt result in you researching one or two more seriously. I tend to agree with Eastern European comments here. Was very intersted to hear that Sri Lanka interests you. I suggest that if either of us find anything interesting there we let the other know! I am interested by the couple comments about Sri Lanka. I am born instant cash payday loans and bred British but my parents are Sri Lankan and I go back often as we have a family home there ( Mount Lavinia).

I am going there on holiday in a couple days in fact and will no doubt do some property hunting. They are over inflated by the demand from the rich expat communities in England, Australia, Canada and the US.

Outside Colombo on the sea front is definitely the areas with potential and a lot of Germans abd Austrians have bought there. There may be restrictions in place n how far one can build houses from the sea front after the Tsunami struck. I also feel that the coastal regions, particularly in the south, have great potential. What I like about it is that even were an investment not to rise in value, the Sri Lankan people are warm and friendly, the climate is pleasant and the scenery is beautiful.

Is is not as crazy as it was 3-4 years ago, when people made 3-5 times their money, but... Is is not as crazy as it was 3-4 years ago, when people made 3-5 times their money, but... From what I have heard, the main debate there among people in the business is whether the market will be oversaturated by 2009 or 2010. Is is not as crazy as it was 3-4 years ago, when people made 3-5 times their money, but... I thought the native population of UAE was pretty small. Demand in UAE is always on high from last 3 years and as long as the tax free environment prevails , business will always boom with overseas companies keeping their eyes open to dubai market and jobs also will be simultaniously in plenty and as far as culture and lifestyle is concerned Dubai is one of the best cities in the world.

Its peaceful , infrastructure is on par with metro scheduled to complete in 4 to 5 years and new roads opening up , city getting spread , good rental returns , more malls and lots of entertainment avenues opening up.

I always feel Dubai is the best place to invest with attractive Home loan payment plans where you start paying only after handover and whether you are planning to rent or sell it you get loans tucson lowest personal loan az best deals more than you can imagine. The reason for this is that, the 1 hour cash loans property market recently opened up in Dubai a few years ago. Previously, expats were not allowed to own properties in Dubai. It has opened up and the demand for property is still a lot more than the supply. With the rent caps gone in Dubai, the mortgage market will grow, and End users will seek their own accomodation to reside in.


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It is worth noting that there will always be a shortfall in Supply, wheres as the government has given a target of 40,000 complete units per year, howver the labor ministry is approving 200,000 visas per year. Could you add some links to further sources where I can read more about that? Or perhaps a property report for UAE from a neutral source?

I still know very little about the region and would like to become more informed.

I am interested by the couple comments about Sri Lanka. I am born and bred British but my parents are Sri Lankan and I go back often as we have a family home there ( Mount Lavinia). I am going there on holiday in a couple days in fact and will no doubt do some property hunting. They are over inflated by the demand from the rich expat communities in England, Australia, Canada and the US. Outside Colombo on the sea front is definitely the areas with potential and a lot of short term 1 hour cash loans money Germans abd Austrians have bought there. There may be restrictions in place n how far one can build houses from the sea front after the Tsunami struck. Only a smattering of key touristic developments have been exempt from the tax. I get the feeling, however, that the vast majority of housing being built is targetting the super-rich As well the fact that all the gastarbeiters as you say rent the same houses but live together, sharing the accomodation... Putting all that apart, there a few world-known huge companies relocating head quarters here from the states, moreover, as someone said you should see how many residence visa approvals Immigration gives each month - you will get convinced that demand on property will exceed the supply at least for 4 years more... You just need to source the local newspapers like Gulf News and Property Weekly, and brouse the web for some different independant sources - and see it all yourself! I have bought several properties there and the capital appreciation is also good. Stay away from areas that are based on only tourism because the market tends to shoot downwards in a hurry once the trend in tourism goes elsewhere.