Bargain Barbados Properties from Property Abroad

Overseas Property Portal Property Abroad have announced the addition of some bargain properties in Barbados. They have Barbados properties, including apartments and villas starting from under £200,000.

Liam Bailey, chief market analyst for the portal said:
"These additions just go to show that the global financial situation is even bringing the possibility of snapping up bargain luxury properties in Caribbean markets like the crème-de-la- crème Barbados. When I first started working in this industry quarter acres of land were being sold for £225,000, on the coast in St Vincent, for Property Abroad to be listing 1 bedroom apartments in a luxury off-plan development with views of the beach on Barbados for just over £180,000 is amazing."

The development Liam was referring to is the Lakes village development, offering 1 bedroom apartments in Barbados' St Peter's for just £182,066. The Lakes village is situated on the high ground above mile & a quarter.

The village will be closed and become its own community, holding its own events while taking its own part in any regional events. The village, which also offers 2 and 3 bedroom apartments as well as detached 1, 2, and 3 bedroom villas, boasts a whole range of facilities and amenities including: a village hall, clubhouses, swimming pools, tennis courts, communal barbecues with gazebos, a wellness centre and a lakes centre with restaurant.

Another bargain Barbados property brought to you by Property Abroad is the 1 bedroom apartments offered within the Merricks Hotel Spa and Residence, located in the fantastic Merricks Cove and priced from just £225,000. Merricks Hotel, which also offers studios and 2 bedroom apartments, as well as cliff-top villas and Cabanas, is a particularly good buy because it has its own beach and a fantastic cliff top location in the stunning south east area of Barbados with only a 15 minute car journey to the International Airport and fantastic sea-views. The occupants receive the full benefits of all the 5* hotel and spa facilities, including spas, tennis-courts, swimming pools and much more.

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Brazil Property Market Best in Current Climate

Brazil Property Market Best in Current Climate

US billionaire Sam Snell has said that Brazil is “the best” market in the world for overseas investors.

Speaking at a business forum in New York December 2nd the chairman of Equity Group Investments explained that Brazil's vast resources and large pool of skilled professionals makes it an extremely attractive option, Reuters reports.

"If you look at all of the facts, I don't think there is a better environment in all the world than Brazil," he said.

Mr Zell added that Brazil has managed to escape the worst effects of the global credit crunch, with confidence remaining in the country's banking and housing sectors.

He revealed that malls owned by Equity Group in Brazil have experienced same-store growth of 12 per cent over the past year.

Liam Bailey, chief market analyst for overseas property portal Property Abroad concurred with Mr Zell’s viewpoint:

“Brazil has been a favourite of mine since late 2007, and the market has remained strong. Many major overseas property funds have invested massively in Brazil, and other sectors have also been invested in heavily -- including a major investment by UK bank Standard Life earlier this year. Brazil is currently one of the most popular countries to make an overseas property investment, both in terms of media coverage and hits/enquiries through Property Abroad, its continued popularity and media coverage will maintain Brazil’s status as a hot investment market, because people buying there will provide a strong resale market when today’s buyers sell up.”

Property Abroad have some fantastic properties in Brazil, including a fantastic beach-front off-plan development in Maracajau, Natal, offering 2 bedroom apartments from just £49,000. The apartments come fully furnished, and the resort-style development has a swimming pool, car-parking facilities, on site rental management and is just 1km from a world class golf-course.

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Australia Property Boosted by Rate Cut

The Reserve Bank of Australia (RBA), this week announced yet another interest-rate cut because of an expected fall in inflation. RBA cut its cash-rate, the equivalent of the Bank of England base rate, by 1%, taking it to 4.25%, its lowest rate since 2002. Liam Bailey, chief market analyst for overseas property portal Property Abroad gave his views on the rate-cut:

"You don't need to be a rocket scientist to know that an interest rate cut is good news for overseas property buyers, but at a time when more and more Britons are considering immigrating to OZ, this is welcome news indeed. The reason given for the rate cut is a healthy one; that Australia is keen to keep its excellent record on inflation, by keeping it between 2 and 3%. This interest rate cut will not only potentially make mortgages easier to obtain, but perhaps make emigrating to Australia achievable for more people, when it is difficult to sell UK homes, by making taking a second mortgage less taxing."

Property Abroad have some excellent properties in Australia. For those emigrating decent size resale properties start at no-less that £250k, off-plan properties however can be bought for as little as £170,000 in Queensland, which gives an indication of the immediate gains possible on off-plan properties in Australia.

One such property is the Zone development in the centre of Australia's tourism capital, the gold-coast, in the fantastic seaside resort of Mermaid Beach. A 2 bedroom luxury apartment on the five-star Zone Development costs just £170,000. Because of the low prices and their location these properties are capable of attracting rental yields of 10% and over, because of the strong tourism market in the area. And as stated above they have the potential to make an immediate capital gain of at least 30%.

Property Abroad have hundreds of Australian properties throughout all of Australia's most popular regions. Find out more by visiting the site.

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