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It seems that if any US superstar worth their salt has got or is considering buying a place they can call home in the United Kingdom.
Michael Jackson.The latest to arrive is Michael Jackson who is residing with his family in the West country of England. I wonder what he and his brothers feel right now of the English summer, with below average temperatures and plenty of rain its enough to make them think of home I am sure.
P Diddy Some time ago estate agents got really excited about Hip-hop artist Sean "P. Diddy" he checked out a £25 million (about $45.5 million) house in London’s Holland Park area. Thats one big commission check!
Gwyneth Paltrow is seen quite happily walking dogs and babies out in full view in north London’s leafy suburbs. Its just not cool to run up to her and ask for an autograph in this part of London.
Angelina Jolie . Brad Pitts wife and true ‘A’ list film star has had to move from her house in Fulmer, Buckinghamshire owing to the press discovering her address. She sold her English farmhouse there earlier this year but still lives somewhere in England she could be someones neighbour and they would not even know it now.
Madonna. The marriage to English film producer Guy Richie has seen Madonna live in England for so long journalists report of her English accent is developing along the way.
It seems that marriages, movies and a hankering for anonymity have all motivated many A-listers to buy luxury property in England, house prices it appears are not an influence. It is said the credit crunch does not affect those with millions in their bank accounts only us mortals who need finance for house purchases.
[ Posted in Celebrity Real Estate, Luxury Homes, Overseas Property Investment News, Overseas property for sale, UK Property on July 20th, 2008 ] Author Information: Admin1closeAuthor: Admin1Name: Nick Marr Email: nick@homesgofast.com Site: About: Homesgofast.com is an overseas property portal promoting real estate on behalf of propertty developers real estate agents and those selling real estate themselves. We have thousands of visitors each day many of which are investors seeking the best international investment.See Authors Posts (36)
Have you ever wondered what you can get for your million bucks in different parts of the world well here is the answer. We have selected our top eight millionaire homes all suitable for ‘A’ List Hollywood Stars or celebrities who may have eye luxury real estate abroad. Each home selected has its own unique quality that puts it in the magic zone of a Millionaire home. One consistent feature that makes these homes very expensive places to buy is not the features i.e pools or saunas or the marble floors its all about the location.
Luxury Homes From Around The Globe
Italy
Portugal
England
EUR 2,800,000
EUR 6,500,000
GBP 5,000,000
Italian villa renovated to a high standard
Luxury villa of majestic proportions.
9 Beds all with bathrooms secluded rural setting
France
Dubai
USA
EUR 2,200,000
GBP 5,742,266
USD 14,999,999
1860 French Château on 6.5 acres with pool.
Toscana luxury Huge Villa at Dubai Lifestyle City.
3 story 6 Bed Villa, waterfront home
Queensland, Australia
Barbados
EUR 1,740,270
GBP £3,000,000
Huge 1900m2 homes situated in Coolum
Unobstructed views of the Caribbean Sea
How To Buid a Million Dollar Real Estate portfolio
The technique only works in areas where house prices are rising fast and opportunities exist to purchase off-plan properties, where discounts of up to 15% are not uncommon.
Investors begin by purchasing one or two off-plan properties. These are properties that are not yet fully developed or have only just received planning permission. Developers tend to offer larger discounts to people who are prepared to buy properties at this stage of the build.
On completion, the investor will refinance the properties. A combination of rising house prices and the discounts gained at purchase, ensure that the property is refinanced at a higher figure than the original purchase price. The extra money gained through refinancing is then be used as a deposit for another two properties.
This cycle will be repeated a number of times by the investor until they have built up a strong portfolio of investment properties, with a combined value of more than a million pounds.
Further advice
Before deciding to use this property investment technique, it is essential to get further advice on the legal, tax and financial issues.
A number of property investment companies exist to help advise their members on these very speculative investments, but be wary of the less scrupulous companies that charge their members £1,000s to attend seminars or build portfolios on their behalf.
Source: Don Suter is Managing Editor of the UK Property Portal http://www.ukpropertyportal.co.uk, an on line directory and magazine for UK property sales, rental, surveyors, mortgages, conveyancing, property insurance, removals, news, investment and development
[ Posted in Buying Overseas Property, Overseas Property Investment News, Overseas property for sale, Portugal Property on July 18th, 2008 ] Author Information: Admin1closeAuthor: Admin1Name: Nick Marr Email: nick@homesgofast.com Site: About: Homesgofast.com is an overseas property portal promoting real estate on behalf of propertty developers real estate agents and those selling real estate themselves. We have thousands of visitors each day many of which are investors seeking the best international investment.See Authors Posts (36)
Selling very fast are The Oriente development of studios, 1, 2 & 3 bedroom apartments which has been specifically designed & built to satisfy the high demand for student, and young family, accommodation in the Academy / University area of Porto.
It seems investors see this as important as the area attracts 28,000 students on 3 or 4 year degree courses, plus the 3500 academics required to lecture them! In addition, the local hospital employs 10,000 staff, all needing an Oriente type apartment
40% of the apartments have already been sold!
learn more about this opportunity
Apart Hotels also known as Condo hotel or even condotel seem to becoming more and more popular with overseas property investors in a credit crunch. So what is making this type of investment so attractive to seasoned investors?
Apart Hotels are typically a three-star or higher hotel property with a management company that takes care of all the hassles typically associated with ownership, including maintenance and finding hotel users or renters. They offer the investor to own a city hotel room that will give in many cases guaranteed return on investment.
Much of the Apart Hotels available are ready for purchase off plan or pre construction. This element alone can be instant equity once the hotel or apartment block is finished. Apart hotels offer a
The vast majority of buyers want condo hotel units primarily as investments and are focused on the potential for appreciation with the side benefit of hassle-free ownership. They see the ability to actually use their condo hotel unit as a vacation home as important but secondary to their goal of investment diversification.
The speed with which these properties sell out is often as surprising to buyers as it is to the developers themselves. For example, the MGM Grand in Las Vegas, a 576-unit condo hotel, was expected to sell out in two years. It sold out in two months! The Platinum, a 255-unit property in Las Vegas, also sold out in just a matter of a couple months. Its clear that the armchair investor feels secure in this type of development and one that appears to look after itself
CHOOSE WISELY. According to financial planner Alan Locke of Locke Financial Services in Palatine, Ill., the hotel’s amenities could be a good barometer for appreciation. "It’s better to invest in a hotel that offers something valuable and long-lasting, like a great ocean view or a PGA championship golf course," says Locke. "For the same reason, getting a place right on the Las Vegas strip is a good idea because that strip is always going to have the best casinos."
Choosing a premium property managed by a recognizable brand can also improve a unit’s chances of increasing in value