Malaysia property has been relatively unscathed in the global investment property according to the independent Global Property Guide for 2009 which shows the region is 9th out of 91 territories, currently yielding average rental incomes of over nine per cent. Described as Malaysia’s best kept secret, Langkawi is the largest of 99 archipelago islands situated [...]
Construction costs in the Philippines are expected to increase by more than 35 percent this year due to record oil, steel, cement and global shipping prices on the back of US Dollar devaluation. Nearly all construction materials used in the development of Philippine high-rise buildings are imported. With the strong depreciation of the US Dollar [...]
Montenegro airlines have started a scheduled service from Gatwick. This bodes well for the country’s booming tourism industry and is great news for property investors. Instead of having to fly chartered or via Croatia to enter Montenegro, British visitors can now take affordable scheduled flights from an accessible UK airport. The World Travel and Tourism [...]
From January-May 2008 foreign arrivals to Costa Rica increased 16 percent from the same period in 2007, according to the Ministry of Tourism in San José. The upswing represented an additional 133,000 foreign visitors over the period, taking the total to 987,000 arrivals. The US remains the main country of origin, accounting for 54 percent [...]
A new trend is currently sweeping Asia’s property investment scene: branded condo-hotels, where investors are paying more than the market value for the safety and marketing power of global corporation branding. David Stanley Redfern have not been left behind, having just added two such developments in the Philippines to their books, but with one key [...]
Dominican Republic property is attracting masses of media attention at the moment along with several other Caribbean islands and sun-drenched coastal locations around the world that offer similarly affordable properties. A recent David Stanley Redfern release announced that the Dominican Republic had retaken the top spot of having the most affordable Caribbean properties, and focussed [...]
According to independent investment analysis, the Dominican Republic is the most affordable market out of 20 Caribbean countries assessed: Bermuda, was the most expensive at $7,861 per square metre, compared with Dominican Republic’s $1,324 per square metre. Tourism arrivals to the Dominican Republic in the first four months of 2008 have also grown by 5.6 [...]
Visitor numbers to the Dominican Republic grew by 84,000 in the first four months of 2008 compared to the same period last year. The total number of visitors was 1.6million in four months – very impressive. People who have long been avid lovers of the Dominican Republic referred to it as the Caribbean’s best kept [...]
This is the third part in a four part series, parts I and II revealed the top 5 locations for short-term investment based on David Stanley Redfern research since the beginning of 2008, namely, the Philippines, Koh Samui (Thai island), Isla Margarita, Fiji and Cambodia, in that order, and this and part IIII will reveal [...]
Capital appreciation is around 8-10 percent in the Canary Islands, not bad for an established tourist destination where rental yields can reach up to 12 percent and will always be above the 6 percent mark. The Islands economy is primarily based on tourism; around 10 million tourists visit the Canaries each year and tourism makes [...]