According to a recent survey by Barclays Bank plc, there are over 2.2 million overseas property owners in the UK with the survey suggesting that this number will double by 2010. When you consider these facts along with aging population, increased property wealth, Self-Invested Pension Plans and leisure lifestyle aspirations of the populous it is easy to see why many shrewd property investors are looking for better lifestyle and hassle free overseas ownership and why many advisors are looking aside from the traditional UK buy to let and Spanish holiday let for property options for Condotel Investments in the Philippines.
Luxury Condotels Planned in Cebu Philippines
PLC International together with UK based Investors, announce New Condo Hotel developments planned in Cebu, Philippines
Condo Hotels in the Philippines: The Hottest Niche in the Philippine Investment Property market
Condo hotels have quietly become one of the hottest areas of the real estate market in the Philippines. The condotel concept provides buyers the benefit by owning a property in a hotel environment that they can use for themselves, and take advantage of the amenities not normally found in typical residential condominium developments
Happy Birthday Buy To let
This summer marks the tenth anniversary of the buy-to-let mortgage. In July 1996 Mortgage Express (part of the Bradford & Bingley group) were the first to trial a dedicated buy-to-let mortgage product. However could the growth in this sector herald the decline of the first time buyer.