Philippines: Exclusive Opportunity, 15 percent NET Returns
Principal International are delighted to advise our clients of this exceptional opportunity in Mactan, Philippines.A new release of just 30 hotel suites in the Blue Coral Beach Resort have just been announced.Prices start at just £52,000 with 60% non status finance available.
The Deal
Cash Input required from £20,800. The deposit will be insured to protect the investor.The investor then receives a guaranteed return of 80% occupancy at a daily room rate of $60 on a 5 year renewable contract.Based on a purchase of £52,000, this gives a return of £17,520 per annum which equates to a gross return of around 21% dependant on currency fluctuationsAfter maintenance charges and finance costs have been deducted from the room income the hotel suites still deliver a 15% net return.As mentioned, availability is strictly limited on this excellent exclusive investment opportunity, so request a brochure and/or register for further information.or contact us on 0800 038 0000 / +44 1483 748629 and we will be delighted to discuss the details of this fantastic deal with you.
7 for 7 - New Deal on the Golden Palm Villas, Sepang Gold Coast, Malaysia
Principal International wish to advise our readers of a new investment package which has just been launched for the Golden Palm Villas on the Sepang Gold Coast, Malaysia.
This iconic project is due to complete at the end of this year and will be managed by international hotel operator Swiss Bel Hotel and now offers a 7% per annum rental guarantee for 7 years from completion .
With latest prices starting at MYR 741,000 (£127,452*) and 70% LTV mortgages available (subject to status), investors can see NET annual returns from MYR 51,870 (£8,921*) on a deposit of just MYR 222,300 (£38,236*),
which equates to a Return On Investment of over 23% per year
In addition, investors will benefit from:
- Free Legal fees for Sales & Purchase Agreement
- Free Legal fees for Loan Agreement
- Free 14 days personal use per year
For further details on this development, please visit: Golden Palm Villas.
*Currency conversion based on 1 MYR = 0.172 GBP
Minimum Returns Of 12.4% (Philippines Property Investment)
Principal International are delighted to announce the launch of our latest investment in the Philippines:
Continent Fairways Resort, Boracay Island, Philippines
Set on the stunning island of Boracay this superb development of just 56 suites will be situated on an established championship golf course. A comprehensive rental programme is offered with a guaranteed occupancy and room rate, which provides investors, after running costs have been deducted, with minimum net returns of 12.4% to 14.2%.
Investors are able to take advantage of the non status finance available on this project offered at 60% LTV.
The island is a recognised holiday destination both to the domestic market of the Philippines and also to the markets of Korea and Australia , in addition to growing numbers of visitors from areas such as the UK and other parts of the world.
There is the option of the personal use for the purchaser should they wish, with each owner and their dependants, enjoying corporate membership within the Fairways and Blue Water Resort & Country club, that allows full use of the golf course and the clubs amenities.
The Philippines have achieved a GDP growth of 11.6% in 2008 and denotes a seasonally adjusted GDP now in its 31st quarter of positive growth. The growth is expected to be maintained during 2009, with the first quarter 2009 showing a growth of 4.8% based on the same period as 2008*.
You can reserve for just £2000 or €3000 with a cash input required from only $44,014.16, this is a limited development of just 56 suites and we would recommend that clients call promptly to avoid disappointment.
For more information on this project click here.
* source National Statistical Cooodination Board www.nscb.gov.ph
New Launch in the Philippines
Principal International are delightedPrincipal International are delighted to advise their clients of the launch today of this excellent project of just 145 units with guaranteed rental returns (annual yields predicted 16.7-19.5%) and non status finance in the Philippines.
Mactan Beach Resort and SpaGiven the small number of units on this development and the excellent projected returns
we urge our clients to act fast to avoid disappointment.
Brief Outline of the project
Located on the highly regarded eastern side of Mactan Island, this delightful resort and spa offers beauty & tranquillity, set within the pearl of the orient and just 20 minutes from Cebu International Airport. Covering 10,000 sqm with its own private beach, this stunning development boasts views of the Bohol Straits and Cordova Island.This is a select development of just 195 rooms and with only 95 studio suites, 25 two bedroom suites, 10 two bedroom and 10 three bedroom pool villas available for private ownership with a condominium title. This is complimented by 26 Spa treatment rooms, swimming pools, play areas, restro bar, conference facilities, play area, shopping ,watersport facilities including a diving centre and a superb professional gymnasium.The rental guarantee for this development is offered by the developer and clearly defined in the legally binding Sales and Purchase contract for the property.
Investment projections are available on request.There is also non status finance available of 60% LTV.The location is key and the
ease of transport will appeal to the established Korean and Australian tourism market.For further details see:
Mactan Beach Resort and Spa
Malaysia Golden Palm: Additional Units Released
The beautiful concept development of the Palm Tree stretching majestically 1.2 kilometres out into the Straits of Malacca, housing properties sympathetically designed - fusing the best of the traditional water villas look with high specification building techniques and luxuriously designed interiors. Part of the new eco friendly tourism concept and yet conveniently situated within easy access of Kuala Lumpur International Airport.
Last Opportunity To Acquire a Unit in this Iconic Development
Situated on the exotic west coast of Malaysia in the Sepang Gold Coast region is an investment hot spot in the making. Amidst golden sands, azure blue seas and soaring temperatures is an exciting development that is making a big hit with many wise investors.Louise Hoade, Director of Principal International is quoted as saying, “This development is truly special in its iconic design and will become instantly recognisable being the third palm of the world, the only palm outside of Dubai.”And goes on to say, “This development in the last year has out performed capital appreciation for Malaysia. Tourism arrivals for 2006 were 17.4 million and rose 20.9 million in 2007 and in addition to the government investment in the area Principal International believe that the potential for the Golden Palm development is exceptional.”Principal International are happy to advise clients of the location of the best remaining units available.Within the exciting Sepang Gold Coast, Principal International are pleased to announce a further project by this excellent developer.
Pre-Release: Tropical Cluster Village
At the Coastal tip of the Palm and still within the much vaunted Golden Triangle is a Tropical Cluster Village with all of the same exciting specification and breathtaking attributes due to be released to the open market imminently.With rocketing year on year increases in tourism to the region and reported net rental returns of between 10 and 20% - Mortgage finance deals on offer of 70% of market valuation - And capital gains being zero rated for tax purposes, these properties surely represent a solid value for money investment for anyones property portfolio.For further details on this pre-release, contact Principal International on +44 1483 748629.
Tourist Figures Up As Airport Completes - Pattaya, Thailand
Pattaya is a self-governing municipal city of Thailand. Located along the eastern seaboard on the east coast of the Gulf of Thailand, 165 km from the bustling business capital, Bangkok.
In 2007, Pattaya was the premier Thailand destination for tourists. With nearly six million tourist/visitors a year it is an increasingly popular location with visitors from the former Soviet Republic and emerging Eastern Asia. The newly completed International Airport at Suvarnabhami, makes the city even easier for international and domestic visitors to access.
This thriving city has had a reputation in the past for good time girls and night bars, fine if that’s your thing, but more and more recently Pattaya is gaining recognition for its fine food restaurants, great beaches, sea sports, five star hotels and well constructed luxury condos for rent or for sale.
There have been large increases in land and property prices across Thailand in general in recent times, some of which can’t realistically be sustainable. However, the increases in Pattaya have been more gradual and based on key economic pointers. This bodes well for future sustained growth.
Potential investors should be aware that there are restrictions on foreign ownership of land and property, but this does not extend to the ownership of the many luxury condos which are in demand from both domestic and international investors, looking for holiday homes or unusual rental property. There does therefore seem to be some leeway for sustained medium term growth in this fun city.
Principal International are pleased to announce our development in the exclusive Pratamanak Hill area of Pattaya. A turnkey investment offering a two year 8% rental guarantee within walking distance to the beach and local amenities. You can view further details from the link: Thailand Apartments
Investors are returning to Thailand
The coup in Thailand and the recent declaration of martial law in 2006 has undoubtably affected investors confidence in the property market, says Sarah Heywood of Principal International, one of the UK’s leading overseas property investment experts, however, there are strong signs that the buyers are returning.
According to Principal International, some of the local property agents are investing huge amounts of time and effort in order to entice British buyers in particular, in an effort to show that the property market, especially in the up and coming holiday resorts, will not be ignored and that property in Thailand is still a good investment.
Evidence is available to show that despite the political and economical unrest which has been well documented, the property market is definitely picking up again and sales of luxury apartments and villas are increasing. Principal International say that for investors the good news is that prices are stable so it’s definitely a buyers market and still excellent value for money. Thailand is still appealing to the vast tourist industry, and with numbers of visitors in the millions it still shows that the holidaymakers have not been put off by the recent events and therefore it follws that there are still opportunities to buy investment accomodation.
We can offer studio apartments in Pattaya from as little as £32,000 and one bedroom apartments from £45,000.
The economic growth in Thailand is expected to be 4.6% in 2008 which is slightly higher than originally forecast, and with the planned elections in December of this year, the economic stability of the country will no doubt return giving investors renewed confidence.
Asia’s property market on the mend
Property prices in Asia are starting to show a healthy return and the housing market is beginning to rise according to a major bank in Hong Kong. British banks are not as optimistic as prices are still some distance from previous peaks but there is no forecast of a large property bubble looming on the horizon.
Principal International say that investors are still keen to buy in Asia particularly Thailand as prices there are still cheap and tourism is booming, making the rental market very profitable. Fundamentally, Thailand is a strong market for tourism and that attracts investors says Simon Ryeland, Director of Principal International, “we are selling property in Pattaya and Koh Chang every month and, with prices starting as low as £32,000 together with millions of tourists going to Thailand every year, our investors are reaping the rewards despite the unforeseen slump in the market”
Principal International says that where there’s a budget airline operating there’s usually a good investment opportunity, and Thailand is no exception. Malaysia Airlines has just launched a new route in April with its budget airline Firefly and will fly four local routes and two destinations in neighbouring Thailand.
Principal International have a number of properties for sale in Koh Chang, located on the eastern side of the country. Koh Chang is surrounded by beautiful mountainous jungles, waterfalls and unspoilt beaches. With the current height and volume restrictions in place and the topography of the resort, development in the area is expected to be limited and property will eventually become available only at a premium.
Aside from the year round tropical climate, miles of sandy beaches and a low cost of living, Thailand is home to world class medical facilities and this is an important factor when considering holidays or retirement.
Thai property and tourist market on the road to recovery
The newly elected government in Thailand is pulling out all the stops to encourage the tourists back and in so doing re-liven the property market for investors. Airlines are being encouraged to open up more routes and increase frequency in an attempt to win back the confidence of the many millions of potential holidaymakers and visitors.
The economy has suffered badly due to political unrest, but experts say that the economic growth in 2008 is still expected to be somewhere in the region of 4.5%. The difficult challenges it will face are the high oil prices, maintaining the stability of its government, keeping the baht strong and ensuring the strength of its domestic recovery. Growth is expected to come mainly in the second quarter of the year and with it the prices of property will start to recover. Now is a good time to invest while confidences are being built.
Despite these challenges Sarah Heywood of Principal International says “our customers remain undeterred. There are strong signs that the market in Thailand as a whole is on the road to recovery, the newly elected government are already restoring faith by showing their commitment to large scale projects. All this is good news for our investors as prices remain competitive, and whilst there is no inheritance or gift tax, long term investment in the property market will remain a favourite for our clients.”
With at least a third of all Thailand’s visitors travelling to Phuket, the 5 million tourists passing through its resorts make it a popular destination. The Tourism Authority of Thailand is quoting a massive 14.8 million visitors that it expects to welcome to the country this year, and with occupancy rates exceeding 75%, the rental market in Thailand is still one of Asia’s most popular destinations. Principal International are able to offer a number of opportunities to invest in a luxury 5 star resort on the coastline and investors should act quickly to reserve units.
Thailand continues to draw overseas investors
Despite some of the bad press it has received in recent months, and the major setbacks from the legacy left behind by the Tsunami, Thailand continues to draw the shrewd investors. The resort of Pattaya which is located 147 kilometres southeast of Bangkok, and faces the Gulf of Thailand, is undoubtedly Asias premier beach resort, and caters with equal appeal to the relaxing tropical ambience you would expect from an exotic Asian resort, and is synonymous with every ingredient for a memorable holiday.
Principal International a leading overseas property investment company in the UK say that with prices for studio apartments starting as low as £32,000, serious investors can see huge opportunities in this authentic international beach resort.
Pattaya has much to offer apart from the much talked about golden beaches, it has a wealth of amusement parks, offbeat museums and lush botanical gardens which offer numerous forms of leisure activities and cultural entertainment for all family members. Not only this, Pattaya offers all of the allure and magic of a vibrant nightlife and a spectacular variety of restaurants, night clubs, bars and cocktail lounges.
Its sub tropical climate means that this is a year round resort, opening up huge rental opportunities for the discerning investor. With 49% of the 461 million dollars spent on beachfront apartments last year coming from Pattaya, its no wonder it’s fast becoming one of Asia’s most popular investment locations.
Principal International said that the setbacks from the recently announced foreign investment restrictions on Thailand property purchase has not put off investors and they are still selling apartments in Pattaya and Koh Chang.
Thailand markets recover once more
Despite the tough times it has had, Thailand is set to recover from the many challenges set before it. In the wake of the major disasters that have befallen it , property prices are rocketing once more and the stock market has bounced back. Following substantial reconstruction throughout the country and the creation of a wealth of jobs by the recovering businesses, the economy in this once failing land is set to rise once more.
The cutting down on public spending and imports has helped to stabilise the country again and this has helped to improved the investors confidence as property property prices have started to rise and therefore have made Thailand’s property market a much less vulnerable proposition.
So too has the recent announcement that the overseas investor will be exempt from the new Baht regulations imposed by the Bank of Thailand . This means that there is no requirement for any potential Euopean or International investors to deposit funds into the Bank for a period of 12months prior to buying property for investment or otherwise.
The Finance Minister announced on TV last week that the restrictions were seen to be unfair on the overseas investors and has removed the confusion and doubt by publicly confirming that over seas investors will be exempt from the new rules, and that foreigners would be able to trade equities without the restrictions on short term fund inflows.
This is great news for the UK investor and restores this exotic Asian destination to its rightful place amongst the top investment opportunities for 2007.