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  • Offshore property markets

    Has anyone on this forum seriosly researched overseas property investment lately.Its something thats been bouncing around in my mind. If the Auckland market has currently peaked Sydney is proberly 1 year earlier in its cycle were are the good deals at? I read that Bob Jones is looking in north America to take advantage of exchange rate correction ,sounds good ,can Kiwis buy property in the states? I thought they had protection laws its hard enough to get a work permit there.Ive just started browsing the international sections of this forum for answers but thought others might have knowlage on the subject.
    Regards Brendon

  • #2
    G'day. I've researched the States. Very hard to do successfullly from here.
    Oz is totally cash flow negative so flipping is the main go there. Again very hard to do from here. NZ is the easiest place to invest in when you live here so suggest you persevere here. Re Bob Jones, if you're looking at several hundred million dollars as he is then yes USA, China, Hong Kong and Israel all have fantastic opportunities at the moment

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    • #3
      I am a kiwi who lives in the UK and have residential IPs in NZ and the US we have been in the US for just under 1 year now and you really and i mean really have to work hard on the people on the ground, Americans like to make a buck so be ready to stand firm against things like maintenance costs, in my experience property managers their look for 2 revenue streams; Rental management charge and Maintenance charges 1 is black and white the other not so. in my opinion the offshore aspect must account for at least 10 percentage points in yield more than you can get in your own market otherwise the risk is too high
      Kia kaha

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      • #4
        We have looked at Europe. Having lived in Scotland, we know it well and when a property finder suggests a property there we have some understanding of its value.

        Coatbridge, an area of Glasgow, increased 35% last year. We are looking for the next Coatbridge.

        Cash flow properties are still possible to find and you can borrow in the UK at their lower than NZ interest rates.

        But Eastern Europe probably holds the most promise. It is less than a year since 12 Eastern European countries joined the EC and the impact this is having on their economies is clear.

        Again, a property finder is your best route.

        When I was in the UK over Xmas news broke that the UK airports company had bought a controlling share in the main Hungarian airport.

        The significance of this is that airports like Heathrow derive about 75% of their income from renting retail and services accomodation in and around the airport. The other 25% comes from selling services directly eg: servicing planes.

        In Hungary, the reverse is true. It is pretty obvious that the UK company will seek to commercialise land in and around Hungary's main airport to a much greater extent than previously. If I knew how to buy some of this land, I would.

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        • #5
          Articles will help you

          Hi DontPanic,

          We created PropertyTalk.com for the very purpose of providing a meeting place for investors to discuss their property investments regionally and globally. In time our discussion forums in the other regions (outside of NZ) will be as popular. What we have currently is articles in the various regions that tell the story on what's going on in property investment.

          A great way to start is to do a 'search' of the site (not the forum) and the 'search tab' is just under the PropertyTalk.com logo. Type your criteria in there and a list of articles will be presented.

          An example search is - 'spain'

          Search Keyword: Any words All words Exact phrase Ordering: Newest firstOldest firstMost popularAlphabeticalSection/Category Search Keyword spain returned 26 matches
          Tax Haven Raises 2006 Entry Price (Europe/European Articles) ...operty purchases from January 1, 2006 - bringing the tax haven more in line with neighbouring France and Spain.Demand for property in Andorra and Monaco is unlikely to be affected by the recent increa … 11 January, 2006 “How to avoid …… in Spain” (Europe/European Articles) ...inspection flight, which, in any event, even if you don’t buy an apartment is a bargain weekend in Spain. You arrive at the chosen destination and it all seems to stack up – you are ready … 04 January, 2006 British View - Property Investment - USA & Sth America (USA/American Articles) ...o reduce the risk profile of the investment.In our view that limits your potential for superior returns. Spain is currently peaking and in some areas the market is falling. Take a look at property com … 29 December, 2005 SIPPS – SELF INVESTED PERSONAL PENSIONS EXPLAINED (United Kingdom/UK Articles) ...ting overseas property investment through SIPPS particularly in popular destinations such as Florida and Spain.Benefits and PitfallsWhilst SIPPS and property investment may seem like an attractive, qu … 07 December, 2005 Languedoc, France? Never heard of it ! (Europe/European Articles) ...ered. • The main TGV currently runs on existing tracks from East of Nimes to Spain. A new route for a dedicated track has been proposed, and is under discussion. &bull … 29 November, 2005 Euro Property Prices To Drop In 2006 (Europe/European Articles) ...of a property slow down, and even the reverse of sharp gains in holiday home prices over recent years in Spain and Portugal.With owners unable to sell their property likely to drop their asking prices … 24 November, 2005 SIPPS and Property Investing (United Kingdom/UK Articles) ...ting overseas property investment through SIPPS particularly in popular destinations such as Florida and Spain.Benefits and PitfallsWhilst SIPPS and property investment may seem like an attractive, qu … 09 November, 2005 500,000 buy aboard (Europe/European Articles) ...home overseas and, according to a survey by Nat West, 23 per cent of people have future plans to buy one.Spain remains the most popular purchasing destination.‘In countries such as Turkey, Dubai … 21 October, 2005 Property Investment in Estonia (Blogs/Alan's Blog) ...mplemented reforms.” Just to give an idea of where some established countries finished – Spain are 30th, France 44th, and Italy 70th!! Does this mean anything? Well alongside the fa … 04 October, 2005 Economics and Property Investment (United Kingdom/UK Articles) ...flow of Foreign Direct Investment. Further, their property markets are not as mature as in the UK, Spain and Portugal, attracting what Keynes called a substitution effect. Investors and ho … 20 September, 2005 Understanding Opportunity Cost (Blogs/Alan's Blog) ...n a property in for example Wales, the opportunity cost would be what he could have made by investing in Spain, Ireland or Dubai. Or similarly if an investor decides to keep equity of 50k in a propert … 16 September, 2005 Dubai attracts British Buyers (United Kingdom/UK Articles) ...www.findarticles.com Author: The IndependentMost Britons buying property abroad choose Spain or France, with the more daring opting for Florida, Portugal or Cyprus. Visitors to any p … 12 September, 2005 69 pc land owned by a few people (United Kingdom/UK Articles) ...ntly, 158,000 families own 41 million acres of land while 24 million families live on four million acres.Spain (where 70 per cent of the land is owned by 0.2 per cent of the population) is the only ot … 12 September, 2005 Property Prices Wilt in Euro Drought (Europe/European Articles) ...ope’s worst drought in living memory has particularly affected the popular holiday destinations of Spain and Portugal. But this could bring reductions in the prices of second homes, and th … 11 September, 2005 International Property Tax Q&A (United Kingdom/UK Articles) ... tax in the country where the property is situated. So for example if you have an investment property in Spain then you will be liable to pay tax in Spain.It is important to note that you will also be … 18 August, 2005 Holiday homeowners set for lower Spanish tax (United Kingdom/News) Source: http://www.themovechannel.comHoliday homeowners and non-resident ex-pats in Spain are set to see a substantial saving in capital gains tax when they sell their Spanish property.The curre … 12 August, 2005 Factor 50 for property buying Britons (United Kingdom/News) ...ing for a taste of the ‘village life’ that is still abundant in countries such as France and Spain but which is becoming rarer in the UK."A significant 59% of those polled considered … 10 August, 2005 The new kids on the Eastern Bloc (Europe/European Articles) ...r amenities as well as plans to expand the airport next year. The market here is very similar to that in Spain in the 1970s before the country really began to boom with British buyers. As with all ove … 05 August, 2005 Europe property IPO fest to double market by 2011 (United Kingdom/News) ...f which the UK made up 49 percent, the Netherlands 15 percent, France 10 percent, Scandinavia 7 percent, Spain 6 percent and Germany 3 percent.EPRA projects that by 2011 the listed property sector wil … 30 July, 2005 Don’t overlook Spain for investment (United Kingdom/News) ... London next month.The developers hotly dispute recent reports that high levels of house price growth in Spain mean that the property market is set to follow the downward trend as seen in the UK marke … 30 July, 2005 Are Spanish properties overvalued? (Europe/News) Source: http://www.propertyinvesting.netEstimates from the Bank of Spain state that house prices in Spain were overvalued by as much as 35 per cent last year, issuing warnings that the property … 29 July, 2005 Europe grows (Europe/European Articles) ...s for the first time.The 155-page report found housing markets across Europe strengthening, with France, Spain and Ireland all seeing property values growing by more than ten per cent."The UK alo … 22 July, 2005 An emerging divide at auctions (Australia/Australian Articles) ...rvey of developed countries. Similar increases have occurred in Ireland, Britain, The Netherlands, Spain and Sweden. Falling inflation, low interest rates, and the dot.com crash reaction agains … 20 July, 2005 Britons snapped up 75,000 properties (United Kingdom/UK Articles) Last year, Britons snapped up 75,000 properties in Spain, but has the ship sailed for investors looking for a bargain on the Iberian peninsula? SONIA SPEEDY investigates.INVESTMENT When it comes to bu … 20 June, 2005 Buying Real Estate in Spain (Europe/European Articles) ... realestategates.com Author: Cameron LindblomGeneral Facts The Kingdom of Spain is the country located in South-Western Europe occupying 85% of the Pyrenean Peninsula. T … 20 June, 2005 European Property Market Strengthens (Europe/News) ...ortgages and housebuilding have been pointing to strong growth. According to the report, France, Spain and Ireland all maintained double-digit house price inflation rates. The report goes … 10 June, 2005 Total 26 results found. Search for spain with
          [ Back ]

          As we are a property investment site - you just need to put in the 'country' or 'region' to get relevant articles.

          Hope this has been of help to your research.

          Cheers,

          Donna
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          • #6
            Thanks for all the tips what an awsome tool this forum is 1000 years of experince on my desk top!USA property sounds hard, I guess If you were going to invest overseas you would idealy spend some time there get intimate with the market and focus on it.Otherwise you risk your returns getting scalped by all the agents and middlemen taking advantage of your distance from the asset.Come to think of it one of the reasons we got into PI was to have maximum control of our investments.
            Regards Brendon

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            • #7
              I've been doing some research and the hotspots I have identified from a recent trip to Europe where I talked to many property investing companies are: 1. Dubai (also Abu Dhabi and Qatar in the UAE), some parts of Spain and Portugal, Slovenia and Croatia. I also read recently that China is a good tip. South Africa may be worth a look at as well.

              You must be careful to ensure that you buy in the right location. The same goes for property overseas as here - handy to schools, workplaces, motorways, beaches, parkes, etc. It may pay to take a "working" holiday to some of these places.

              My recommendation would be Dubai at the moment due to the unprecendented growth (immigration especially from the west), the re-location of many companies (like US media giants) because of no company tax, and the fact that no tax (income, stamp duty, capital gains) is payable by property investors.

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              • #8
                [/Quote]
                My recommendation would be Dubai at the moment due to the unprecendented growth (immigration especially from the west), the re-location of many companies (like US media giants) because of no company tax, and the fact that no tax (income, stamp duty, capital gains) is payable by property investors.[/QUOTE]

                yeah looks to be a hot spot, they dont need tax as the Government/Rulers are the largest owners of property in Dubai. commercial and residential, rent is their form of Tax.
                Kia kaha

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