“Property prices in Crete have


remained relatively stable. £200,000 will buy you a 2 bedroom detached home plus a 1 bedroom detached property, which is tremendous value. As the UK gradually comes out of recession it’s a great time to invest, as property prices in Crete will rise over the near future due to the advent of better access. EasyJet are now fl ying from the UK into both Heraklion and Chania Airports, making the island even more accessible and generating ever more visitors. Historically this means increased demand will drive property prices higher.” Pauline Saunders, Snobby Homes


“This depends on what I was buying for. Buying for my own personal holiday use now is very different from buying to live retire or invest somewhere. Having said that I was born in Spain and have chosen to work with Spain so would fi nd it strange to buy anywhere else, with the possible exception of France, which I visit on a regular basis!” Peter Esders, Chebsey & Co


“For me it’s Turkey - an emerging property market hot-on-the-lips of many investors, as well as an excellent holiday destination. Turkey offers property at competitive prices, ideal for those who can no longer afford traditional holiday areas.


Turkey boasts one of the world’s fastest-growing economies, with


infl ation being at its lowest for over 37 years. Those who have bought property in Turkey are already seeing


good returns; conservative estimators say 10-


15% increases year-on-year. EU accession talks began in October 2005 and many property investors see this as a potential long-term benefi t. Whilst the current economy worries affected the market, Turkey seems to have ridden the recession well, and it’s a great time to take advantage of the huge number of affordable properties on offer.” Sue Gardiner, Romance of Turkey


“That would go a long way in Brazil! The fi rst £20,000 I’d spend on a 500m² freehold plot at Shamballa Resort in São Miguel do Gostoso. This famous kitesurfi ng town has seen substantial growth recently and to me this is a surefi re investment. The remainder


I’d plough into property destined for Natal’s local middle class market. I could pick up three


apartments in a privileged city hotspot and either sell at a profi t or take regular rental income of around 10% net pa.”


Samantha Gore, UV10


“My best buys right now are two countries which still have unpolluted cost lines: Croatia, or for the more adventurous, Albania, which is a glorious and safe country which is not yet fully developed.” Bernard Ellis,


Croatia Acquisitions


“For me there’s a simple answer to this question – this is the time to invest in a French leaseback property. You receive an instant rebate of the 19.6% VAT charged on new build French property because the government is keen to encourage more holiday accommodation. You can get close to 100% mortgages because the banks regard the VAT as part of your personal contribution, and your rental income is


guaranteed regardless of void periods for at least 9 years and is infl ation linked. The management company does all the work of cleaning, repairs and maintenance and also pays the insurance, the taxe d’habitation (council tax equivalent) and the utility bills, plus you get free or heavily subsidised holidays as part of the deal. France is one of the safest countries in the world and, if long haul travel ever becomes prohibitively expensive as it surely will, you can get there by train and ferry as well as by short haul fl ight. In terms of where to invest, France is a big country but I would focus on Paris, the Alps or the south coast for maximum long term capital growth.” Graham Rowan, Leaseback


AIPP CONSUMER GUIDE 33


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60