Investors seek 'far flung profits'
Investors should look outside Europe to make profits in 2008, claims David Stanley Redfern Ltd…
Overseas property investment specialists David Stanley Redfern Ltd have compiled an overall review from the flurry of assessments, expectations and promises held for 2008, which reveals that the Americas and emerging European and Asian markets are amongst the most opportune focal points.
The 5 most talked about investment hot-spots on the marketplace today are Albania, Panama, Canada, Thailand and India. So, just why are assertive investors focusing their sights on these locations? David Stanley Redfern relayed some key points for consideration regarding each location.
Albania: “When you combine the benefits of no capital gains tax, transfer tax or VAT with escalating tourism and rental yields that are sure to become more far more attractive when Albania joins NATO this year, and soon the EU too, it’s clear why Albania’s causing quite a commotion amongst investorsâ€.
Panama: “Panama holds similar appeal to that of Albania. Its strong and stable economy is noteworthy, but perhaps more eye-catching is the escalating property pricing that’s come along with the expansion of the Panama Canal. Now is certainly the right time to buy into the Panama property market in order to reap its full rewards, before they diminish and become somewhat defunct as investment increasesâ€.
Canada: “Like property in Canada, the typical Canadian lifestyle is not only attractive but affordable too. Last year, Canada saw foreign investment rocket and in light of the continuing interest in the region, it’s set to go from strength to strength. Our current portfolio offers some prime, fast selling Canadian property in Rouge Riverâ€.
Thailand:†The thing I like about Thailand is the sheer class and ever escalating value of the property on offer there. There’s little taxation on property purchases too and it’s pleasing to hear from our clients who buy into Thailand and thank us for all we’ve done. But its there for the taking for anybody, so we’re thankful for those people who commit and go on to reap their own rewardsâ€.
India: “India saw high property value appreciation a couple of years ago, something like 30% I believe, and it still proves itself in today’s market where its rising retail and IT profile are helping to attract investors from all around the worldâ€