June 27, 2007
Fractional ownership in Florida
A new development in Charlotte County, Florida is going to allow investors the opportunity to purchase one-quarter of a five-star villa. The scheme is different to “timeshare” programmes as each investor will own the Title (freehold) to the Florida property.
The furnished villas are located in the Golf of Mexico and are marketed by Florida Gold Homes. Each comes with a private heated pool and fitted kitchen appliances. Runnings costs are shared and maintenance and management will be in-house. The main benefit for those who purchase the property is the ability to sell it in the Florida property market in the future and enjoy the possibility of capital appreciation.
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Posted on: Florida
June 26, 2007
Portuguese property market news
Oceânico Group is the first company in Portugal to offer the new mortgage facility on its Stepping Stones properties in the Algarve. The new fractional mortgages are arranged by FOC Finance, part of The Fractional Ownership Consultancy Limited. It will allow all buyers, including first-time buyers and investors, who prefer not to borrow against their UK home the opportunity to get a foot on the Portuguese property market ladder.
Posted on: Portugal
June 15, 2007
Turkey ‘presenting good opportunities’
According to a recent report by Amberland, a foreign investment guide, Turkey has potential for both growth of property prices and growth in demand for rental property.
Rhiannon Williamson, Amberlamb director, says Turkey is “a better market” for investors from Britain than some others that have recently proved popular. The region “certainly has more going for it in terms of potential for growth in terms of prices and demand for rental accommodation”. However, the director also reminds potential investors to practice caution in buying Turkish property.
Posted on: Turkey
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