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dsouvann, by the way I am working for an Australian employer and only last month he acquired a 4-bedroom apartment in Sharm El Sheikh (Egypt) from http://www.egyptventure.co.uk. Maybe it will also be helpful to you.
You mean you have to pay the total price of the property within 6 years without gaining the interest? Do you think there would be no problems in your agreement? Consult a property advisor regarding your concerns; documents and written agreement of both sides must be carefully studied.
It appears that Dubai's property market is suffering just as badly from the global credit crisis as everybody else.
Secondary prices in Dubai and Abu Dhabi fell 4 to 5%, with Dubai's advertised villa prices falling by 19 percent month-on-month in October after several banks tightened lending conditions in August and September. It also says that, Apartments in the Dubai International Financial Centre, the nexus of the banking and investment sector, fell as much as 30 percent.
A sales agent was quoted as saying that property prices had fallen 30-35% in Dubai since September. The downturn has meant that major developers in the Emirate such as Nakheel, Emaar and Damac are either cutting jobs or at least reassessing employment numbers.
You can acquire freehold property in Asia specifically Philippines, Malaysia, and Thailand. They have lots of properties to offer particularly condominium units, resorts, apartments, etc. As long as you will be purchasing the property in a legal manner, you will not encounter any problems. Contact a reputable IP regarding this.
Housing depreciates at roughly 2.5% per year while net of maintenance housing depreciate at approximately 2%.
Acquiring property off plan today is securing the price of that property at today's prices. By the time the property is completed it may be very well have risen in value thus making you a significant return on your investment immediately.
In business planning, there are many things to consider first and as I was browsing the net I found this:
How To Find A Good InvestmentFills a Need – Make sure that the business actually does something that someone will always want.
Is Run Well – Find out about the people running the business. Make sure that they actually care about filling the need. Just remember, if the business isn’t filling the need, it’ll disappear.Has a High Barrier of Entry – The business should be hard to replicate. If it ends up making a lot of money and it’s easy to duplicate, pretty soon, there will be thousands of businesses just like it! People aren’t. If people trust the company, and the product is working just fine for them, it’ll be awfully hard to get them to switch.
Is Underpriced – Let’s face it. We want to make money, so we’re looking for something cheap. Now, that doesn’t mean we’re ripping the other people off. It’s cheap for a reason.Of course, the more promising you think the business is, the more you can pay for it. Just keep in mind though that there’s potential everywhere while good results are hard to come by.
