First-time buyers are giving up on the idea of owning a UK property due to the high cost entry level and looking overseas instead. Bad weather has also encouraged people to buy homes in places where sunshine can be relied on and prices are a fraction of those in the UK.
United Kingdom property investors are emerging as the biggest market for Philippine Condotels
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.
Investing Your Self Directed IRA or 401K In Philippine Condotel Investment Real Estate
People are beginning to catch on. A year or so ago, few people realized that they could manage their IRA investment portfolios themselves, and even fewer knew that they could invest their IRA retirement money in something other than stocks and bonds
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