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 Investment Property Watch: January 2008

 

Thursday, January 24, 2008


Prime real estate in emerging locations was the flavor of the month in December on TheMoveChannel.com, with some unusual destinations dominating the top 10 list of hot investment properties on the site.

December’s top ten makes interesting reading, as it shows that prospective investors are fearlessly ignoring established markets like France and Spain, broadening their horizons and scouring far flung destinations for their next big property investment.

With Bulgaria’s newly anointed position as the world’s number one destination for house price growth (Global Property Guide), it is no surprise that December’s hottest property came from the ‘Land of the Roses’.  Indeed, Bulgaria’s position in TheMoveChannel’s Top of the Props chart for December also illustrates the popularity and staying power of this impressive investment market.

TheMoveChannel.com’s top ten hottest properties for December are as follows:

Rank

Property

Country

Company

1

‘Super Borovets’ Apartments

Bulgaria

Real World International

2

Land plot – Winsford, UK

England

Premier Land Strategies

3

Land Plot – Great Exuma

Bahamas

Lifestyle Investments Abroad

4

Manchester Distress Sales

England

Property Ladder International

5

Mandria Village

Cyprus

IPB Marketing Solutions Ltd

6

Alto Grande del Arte

Argentina

Movewithus

7

Paradise Gardens

Egypt

Property Revelation PPL

8

Mara Salam Beachfront

Egypt

TLC Overseas Properties

9

Dar Al Khalil Hotel

Saudi Arabia

Queen Anne's Property

10

Saturnia Hills

Italy

E-Quity.com

*Results are based on number of sales enquiries generated per month.

Julian Ramsden, Partner at Real World International, the company offering December’s top property opportunity, explained why the apartments in Borovets were such a great investment:

“The Super Borovets mega resort will expand one of Bulgaria's most popular skiing destinations, and is projected to support nineteen new ski tracks, lifts with capacity for 37,000 tourists, ski facilities and hotels. Super Borovets will DOUBLE the size of Borovets making it the leading Ski Resort in Bulgaria with 84 Ski Runs.

“This exciting resort will be developed into a destination primarily targeting Bulgarian year-round holiday-makers and European Tourists while also attracting many skiers and snowboarders from Bansko & Pamporovo due to its proximity to Sofia.

Mr Ramsden continued: “As the property is South-West facing, the developer has insisted that all property be fitted with Huge Floor to Ceiling Windows providing each property with maximum light all day long and stunning mountain views. There is no other resort of its kind offering this unique design, and as with all our resorts, we are very heavily focused on provided the best deal for our investors.

“To make things even better, owners and guests have Full Access to all The Hotel Facilities and Amenities including a modern Spa Center, Swimming Pools, Sports Facilities, Restaurants, Bars, Ski Storage, Games Room and a 24 Hour Managed Reception and Lobby. A luxury service for a luxury resort!”

Glenn Bishop of Premier Land Strategies, the company offering December’s second most popular investment opportunity, outlined why Winsford was the ideal place to invest:

“Winsford has a population of just under 30,000 and has been classified as a Tier 1 town, giving it priority for future housing projects. It is also unique, in that development is compromised on three sides, meaning it has consistently grown in one direction. Additionally, our site is perfectly positioned in the ‘Path of Development’, and has excellent access to all utilities and road infrastructure”.

Other notable performers

In a surprising twist to the results, three properties from the Middle-East made the top ten – two from Egypt and one from Saudi Arabia. Real Estate continues to be an increasingly focal investment sector in the Egyptian economy, and the introduction of mortgage finance in Egypt has undoubtedly opened up the property market, making it accessible to those who previously were unable to find a home there.

To keep track of TheMoveChannel’s hottest property investments throughout the month, please visit the investment property section of our website: http://investment-property.themovechannel.com/

 
 
     
     
 

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