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The exchange rate is very much in favor of foreign investors.

In areas where prices have dropped, sellers can get disheartened and accept low offers, taking large chunks off of the asking price. A huge plus is that there is political stability and very clear property ownership rights. The economy of the entire world is looking a little insecure right now, and worst case scenario, if there really is a world-wide economic meltdown (I hope not),real estate in the Unted States is a good place to ride it out. This said, recent news concerning record commodity prices is leading many to believe that the US Federal reserve will not be able to keep cutting interest rates aggressively. Do many tourists go there and is there much demand from local people? What rental yield do you achieve on your properties there? Yes the North is the Turkish side - Tourist numbers are not that great in the main mainland Turks.

However, rental market in Girne (Kyrenia) are good due to university students and casino workers.

North Cyprus has 7 universities and good knows how many casinos. But they both bring in about 80-90,000 people in a Country of about 200,000.

There is an issue regarding payday advance loan wells fargo land title but you will be issued one. Most property is built on former Greek Cypriot land but is viewed as safe as the Turkish government have said they will pay any claims and there is now a Property Commission that is being used by the Greek Cypriots - Current owners not involved in process and pay nothing to the Greeks. Moved to Turkey now which is also a great place to invest especially payday loans no credit check no employment verification direct lender Istanbul and some developments near to the PGA golf courses under construction. I have purchased a 500m2 lot of land (in august 2007) and price I paid was 20 000 euros. I have a local knowledge so I contacted the seller directly but the local agencies are taking no teletrack installment loans direct lenders appr.

Big difference in prices for flats houses and land are dependig of position (how far from the sea, seavew and lot of other things) but if you are luckie you can find what you want.


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The best money making there, is to buy some land, build the big house or as many small appartements you can and sell it than. There are many Russians and British buying the property now, so go to some websites about Montenegrian coast and think about it. The only reason i would be nervous in investing there is that i think it is due for a huge payday loans no credit check no employment verification direct lender payday loans no credit check no employment verification direct lender earthquake, at least i think its Istanbul. It may not happen for 100s of years but mabey it is something to consider? The only reason i would be nervous in investing there is that i think it is due for a huge earthquake, at least i think its Istanbul. It may not happen for 100s of years but mabey it is something to consider? 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 payday loans no credit check no employment verification direct lender are very low so when the country does stabilise psecu car repair loan 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 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.


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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 payday loans now 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 payday loans no credit check no employment verification direct lender 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 best deals more than you can imagine. The reason for this is that, the 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 guaranteed approval loans bad credit their payday loans no credit check no employment verification direct lender own accomodation to reside in.

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.


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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 Germans abd Austrians have bought payday loans no credit check no employment verification direct lender 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 quick loans today 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.