2007/02/16

The Only Sports City in the World Makes Good Business Sense

IMOINVEST are now pleased to bring to the market Champions Tower III in Dubai Sports City. This is a first class investment opportunity ideal for the buy to let market in what will be the world’s first Sports City and will be host to numerous world events and home too many sporting professionals.
Dubai Sports City is a phenomenal development; it will cover some 50 million square feet and will be home to 4 stadiums and many wide open areas incorporating a variety of sports. The state of the art stadiums will host cricket, football, rugby, athletics, hockey, tennis and many others besides, along with a signature Ernie Els Golf course. The city will also boast world class academies welcoming athletes of all ages and skill levels with the best coaches and programmes available all in one location. Already tipped as the favourite for the 2016 Olympics, the city will offer every convenience and will be self sufficient. With Manchester United already signed up to be the first permanent soccer training school and The International Cricket Council moving its headquarters from London to Sports City this truly will become a ‘Mecca’ for sports enthusiasts and professionals alike.

Julien Lu Regional Director for IMOINVEST says, “As investment opportunities go this has to rank as one of the best ever. Dubai Sports City will be host to numerous world sporting events attracting untold numbers of regular visitors and will undoubtedly become home to many athletes who will be keen to take advantage of these unparalleled facilities. One must remember that this is a living and working city with excellent schools, shopping centres, health and medical centres along with internationally renowned cuisine and superb nightlife all within its own gated perimeter. At this off plan stage investors will be able to realise high capital appreciation as Dubai Sports City evolves and once completed they will further benefit from potentially one of the best rental markets ever.”

Champions Tower III is an impressive and intimate private residence built to a luxury standard. Located in the heart of the city there is a choice of studio, one and two bedroom apartment’s to choose from. Each offers spacious accommodation and far reaching views. The development will offer luxury finishing throughout and many amenities including high speed elevators, roof top health club, marble floored lobby area, 24 hour security, underground parking facilities and an in house maintenance team.

Prices start from just £60,620 for a studio apartment offering guaranteed rental yields which are excellent at 8% of the purchase price for the first 3 years of ownership and up to 70% - 80% loan to value developer financing over 5 years.
Investment in Dubai is reaching a never seen before level of excitement. The Dubai property market is setting standards for property development throughout the world and with landmark developments such as Sports City, Dubailand, The World, and The Palm, it will remain the future of overseas real estate investment for years to come.
As as special bonus, IMOINVEST International works with developers in these areas that offer incredible incentives to investors that reserve a property and have invested their initial 30% equity by 2nd February 2007:

  • Studio or one bedroom apartment – A jaguar X type or £8,500
  • Two bedroom apartment – A Jaguar S type or £12,000
  • Penthouse – A Jaguar XJR or £35,000

In addition to this with every apartment purchased you will be entered into a grand prize draw where you can win a private jet!

For a complete list of Dubai properties available through IMOINVEST International click HERE.

(PHOTO CAPTION:Champions Tower III in Dubai Sports City available through IMOINVEST)

2007/02/06

Investor Sells UK Property to Capitalise on the Burgeoning Bulgarian Property Market

Steve Corkhill and his partner Lisa Marshall recently invested in a two bedroom apartment on the Black Sea coast after seeing a TV programme highlighting Bulgaria as one of the best overseas hotspots to invest in.

Steve says, “We had recently been fortunate enough to sell a UK property which had given us significant capital appreciation. Keen to invest it wisely for the future we were undecided as to the best way forward, however we kept noticing lots of media coverage on Bulgaria. One programme in particular highlighted Bulgaria as being in the top 3 places to invest in property in the world. It was this coverage that then led us to search for a professional property company that could then talk us through the different stages of buying.

Steve continues, “We decided upon Sunny Day II a modern development on the Black Sea coast. We took into account all of its services and nearby amenities before deciding to buy as this would be pivotal in renting the property out. Our two bedroom apartment cost just £29,000 and because of its location, capital growth is expected to be high over the next few years. After successfully completing on the property we have now visited the apartment twice for holidays but now we are now in the process of arranging to rent it out by the on site management company. We have been overjoyed with our investment to date and are so impressed with Bulgaria as a country and because of its investment capabilities that we are now considering investing into another apartment.”

IMOINVEST now have pleasure in bringing to the market Sunny Day V. Only 6km from the ancient town of Nessebar and just 35km from Burgas International Airport Sunny Day V is a slightly different concept to the previous Sunny Day developments. It is set back from the main resort in an area that is developing into a villa zone. This is similar to the regions that have shown the best capital growth in Spain. Sunny Day V offers 300 apartments set in grounds of some 10,000m2 with each apartment being finished to a high standard and offering air conditioning as standard. It offers a whole host of facilities including swimming pool, bar, restaurant, shops, children’s playground, green areas and ample parking. Its location also benefits from the fact that the new golf course which is only 20 minutes away will be completed at the same time as Sunny Day V making this a viable buy to let opportunity. The golf course will also incorporate a racecourse, polo centre, sports stadium, with tennis and a new casino.

Julien Lu Regional Director of IMOINVEST says, “Sunny Day V is an ideal investment opportunity which comes highly recommended after the successes of the previous Sunny Days developments. Prices here start from an incredible £8,757 for a studio apartment rising up to £28,294 for a premier two bedroom apartment. Sunny Day V is a strong investment opportunity and is expected to offer up to 20% capital growth.”

For a complete list of Bulgarian Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Steve Corkhill who invested in Sunny Day II in Bulgaria)

2007/02/05

British Investor Chooses Berlin Property Market Because of Attractive Rental Yields

Alan Jackson is a civil engineer, who resides in Abu Dhabi with his wife and has recently invested into the Berlin property market because he was attracted by the high rental yields which are now achievable in this burgeoning market.

Alan says, “We decided to invest into property as this seemed the best form of investment for the future. After deciding against the inflated UK market we decided upon buying an investment property overseas. After studying various locations throughout the world we decided upon Germany and in particularly Berlin as this seemed to have all the right ingredients to become one of the most successful European markets ever. Germany has been renowned as having one of the lowest home ownership levels in Europe with nearly 50% of the population renting property rather than investing. However times are changing and with better financial packages available and a strong influx of foreign investors recently, the market now looks set to prosper.”

Alan has invested in a two bedroom apartment in Uthmannstrasse for £39,970 (60,000 Euros). It is a turn of the century apartment which is ideally placed in a vibrant suburb of Neukollen which is host to many wide open spaces including the 90 acre Britzer gardens. There are excellent services and shopping facilities nearby and it is an area that is now extremely sought after.

Julien Lu Regional Director for IMOINVEST says, “Germany has been on the bottom rung of the ladder in the European investment arena since its 1990 reunification. However, now that they have got to grips with this and with German banks starting to introduce investor friendly mortgages the market is changing quickly. One of the main pointers that has led to increased speculation about the German market is that many private equity funds have invested billions into the market. This is the clearest indication yet that the market will rise significantly over the next few years.”

Rental prices in Uthmannstrasse are expected to achieve up to 10.92%, so for individual investors such as Alan Jackson they are assured of a bright future whilst all the time their property will be gaining significant capital appreciation.

For a complete list of Berlin Properties available through IMOINVEST please click HERE.

(PHOTO CAPTION: Alan Jackson)