British First time consumers turn to Overseas Property

Beth Collingz, PLC International Marketing Director for Pacific Concord Properties Inc's Lancaster Brand of Apart-Hotels or Condotels within the Philippines said a new study published by UK National Savings & Investments found 84 % of 18-to 30-year-olds think buying property abroad is a more viable alternative than

buying in Britain.

Young people letting in Britain and buying abroad are and will remain a growing phenomenon. They often look at spending less than 200,000. This occurs the back-of recent reports by Barclays Bank that revealed the number of Britons willing to get property abroad has doubled to 18,000 in-a year.

When you consider these facts alongside aging population, improved property success, Self-Invested Pension Plans and leisure lifestyle aspirations of the populous it is easy to understand why many intelligent property investors are looking for better lifestyle and straight forward international ownership and why many experts are looking regardless of the traditional UK buy-to let and Spanish trip let for property choices for Condotel Investments in the Philippines. My phone has been very busy with customers from the UK interested in buying investment attributes and vacation homes within the Philippines, collingz said: Since the Dollar value decreased and UK Pound Sterling hit 96:1 on the Philippine Peso.

Plenty of this interest has been driven by relatively inexpensive market prices in the Philippines in comparison to Europe, especially UK Housing prices, and easy payment possibilities for our Condotel Developments, but you'll find other factors, also. Overseas Property Investors, Foreign seniors in addition to international Filipinos, are looking for ways to maximise their return on investments as they approach retirement, and so are buying second houses, especially Condotel Investments where they can use the Condo for trips and lease it out through In-House Management when perhaps not using the unit thereby getting rental incomes that on todays purchase costs, provide a projected ROI on their investments of some 8-16% based upon the method of payment for the unit.

Collingz, who also goes PLC Worldwide Pinoy, an internet based marketing community specializing in Condotel Investments, mentioned over 857 of all sales in Metro Manila were to international customers. These global buyers know its a buyers market in the Philippines right now - there are always a lot of homes available and less local buyers, Collingz said. Im working with clients who are buying their second house with me. We also have referrals from many of our previous clients and new customers who've found us through our Internet sites, plcglobalpinoy.com and lancastersuites.com such as a special section for international customers.

Another main driving factor in overseas property assets from the United Kingdom is UK Tax Payers using tax incentives and Investing their Self-Invested Pension Plan [SIPP] In Philippine Condotel Investment Real-estate for Rental Income and Retirement said Collingz.

A Self Invested Pension Plan [SIPP] is a personal pension plan but with one very important difference: government is distinct from investment information, providing the plan owner freedom to change the opportunities within it and choose for herself. The long-awaited rules on which savers range from within their private pension plans were revealed in April 2006 by HM Revenue & Customs. The Guidance Notes confirm that the Chancellor is permitting Self Invested Pension Plan [SIPP] cases to take a position in accommodations such as the Lancaster Model of Condo Hotels in the Philippines. The only stipulation is that SIPP members may not stay in their rooms. With an increase of nights readily available for paying guests, this not surprisingly increases the space owners' returns. It is estimated nowadays there are more than 70,000 strategies keeping over 14bn.

A couple of years ago, few people in the UK realized that they could handle their Pension Plan portfolios themselves, and even fewer knew that they could spend their SIPP retirement money in homes in the sun which now prove to be one of the most popular potential opportunities to incorporate in a SIPP

There are a few excellent reasons that you should pick your retirement portfolio to be driven by Philippine Condotel Investment real estate into high profit margins, if youre considering using your SIPP to buy real estate. Must be SIPP could establish title to some home in a country whose legal framework recognizes trusts and a SIPP is simply another form of trust the Philippines is ideal for this type of investment.

Investing in international real estate is neither as risky or as complicated being a lot of people would have you imagine. While property and land prices within the U.K. have jumped astronomically before decade, the world housing market is just a much different story. If you think you know anything at all, you will perhaps need to study about check this out. Their still possible to purchase a preconstruction Condotel room at Lancaster The Atrium situated in Metro Manila, Philippines, for under GBP 25,000.00

The wonder of holding property in the Philippines is the low cost-of maintenance and property taxes. For supplementary information, please consider checking out: click here for. A GBP 25,000 Condotel suite will simply be GBP 10-0 in property taxes annually, and maintenance costs are equally low. When you add in the tax-protected status of purchases made in your SIPP, annual off plan home appreciation and the 8-16% results through rental revenue through the Condotel advantage, you've an incredible ROI on a purchase of Philippine Condotel investment real estate enthused Collingz.

With pre-construction house in the Philippines admiring at some 20% per annum not merely do real-estate assets look great but the rental revenue return in the Country is more than what many Pension Plans offer for the same or similar investment.

Many new investors are seeking to replace failed pension plans and other potential protecting plans with a strong investment in Property. Clients are looking for investments that will give them money for retirement instead to conventional private pension plans that have failed. Many company pension plans are insufficient as are Government Pensions. Bank rates for Savings accounts have reached record levels. Experienced buyers are now looking for a more reliable investment with potential for regular income. Condotels within the Philippines fit the bill.

Collingz explained this potential, high rates of rental returns from Condo Hotel Investments, up to 16-story per annum, opens up an enormous market maybe not typically looked at by Real Estate Professionals and Brokers whom all frequently run around looking for normal residential account consumers without looking at the by far problem of assets, investing and retirement. 'Were here to assist our clients and advise them of growing investment opportunities in the Philippines. We discovered chiropractor palmdale ca by browsing Bing. Lancaster Condotels and self-invested Pension Plans, match this bill exactly.

Pacific Concord Properties, Inc., Flagship Lancaster Condo Hotel [Manila] devel-opment found along Shaw Boulevard, Mandaluyong City, Metro Manila, happens to be one of the hottest Condotel Investments in the Philippines. Lancaster - The Atrium is accepting Reservations for Studio, One, Two & Three Bedroom Suites using International Standard Escrow Trust Account Buyer Safe Easy Secure Payment Plans with 6 year interest free payment terms or as much as 1-2 year 'In-House' money available, complete residence title and minimum monthly maintenance charges, you should take a moment to check out this Philippine Condotel Investment Opportunity motivated Collingz.

Further info regarding Condotel Investments in the Philippines, Lancaster Suites currently available fits, price and terms-of cost can be found around the firms site.. Advertiser contains more about why to ponder this idea.AV Chiropractic Health Center
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