Archive for September, 2009

Investing Real Estate In Dubai

Tuesday, September 22nd, 2009

The Dubai real estate market has experienced tremendous growth over recent years, and this is all the more notable considering that the traditional real estate fundamentals are not what this particular market operates on. Many people are therefore wondering about the explanation for the bust that the Dubai real estate market is set for. Population growth may be a sound explanation, considering that Dubai’s population is about three or four times bigger than that of other developing countries all over the world.

Many investors are attracted by the opportunities that the Dubai real estate market provides. Shortstay renting is probably the most profitable way of producing money from Dubai real estate, because the rather high average rates that Dubai hotels charge per night have determined tourists to start looking for other options, such as a Dubai apartment or villa. Probably the best thing about the Dubai real estate market is that there is no tax on property transactions. In fact only the ones subjected to taxes are the oil industry, the banking sector, and the cigarette manufacturers. Under these circumstances, it’s only understandable why many investors want to have their own share of Dubai property.

Being the owner of Dubai property comes with a series of advantages, such as being able to apply for residency. Furthermore, foreigners who want to purchase Dubai property are not required to have a bank account in this emirate. The transaction itself is far from being complicated, but you should definitely consider seeking legal counsel before the transaction, and legal representation during it, given the vague nature of Dubai property transactions.

All in all, long-term profit form the Dubai real estate market is possible, but it comes with certain conditions. Although this market is hardly similar to traditional and more conventional real estate markets, there is one aspect that is true for all real estate markets alike, including the Dubai one: profit from property purchase requires thorough research prior to the actual investment. Those interested in purchasing Dubai property will definitely benefit from using the information available online about the Dubai real estate market.

Greece Beach Estate For Sale

Tuesday, September 22nd, 2009

Greece is known to be one of the most beautiful tourist place in the world and it has got amazing luxuries to offer like beautiful sandy beaches, great scenic islands, eye catching water falls etc. All the beaches of Greece have a unique charm which can make you fall in love with them. The luxury of lying under a palm tree on a beach is what one cannot have everyday, but if you own a property in Greece you can surely have that luxury all your life.

Some beaches are well organized and offer many luxuries, while others are very secluded and isolated, and that’s how some people like it. Some offer clear water, some perfectly soft sand, while others are framed by incredible landscape. Because of the abundance of the scenic beaches in Greece, the government has started to sell these beaches to a private buyer for some price and with a contract to keep it maintained. They do not really sell the beach but transfer it to the buyers name at lease for a certain period of time. The people who come first time to Greece are touched by the country’s grandeur and beauty.

Vacationing in Greece is really very cheap than other European countries. A rich and an interested party can also have the privilege of having a whole island to himself and to his pleasure. Having a whole island to oneself can sooth the persons mind and make it stress free from his day to day activities. There is also a lot to explore in Greece which can be done by hiking and other traditional methods. The warm waters of the Aegean and the pristine white beaches make them the perfect places for holiday, property or as a place to escape it all and relocate.