FREE Aston Martin to one fortunate buyer

One of our premier developers has been giving away free supercars in a series of fortnightly draws for new property buyers. The latest winner walked away with an Aston Martin!

The joint winners were Sven M. Reinicke and Alexander Gurny who bought properties in Park Towers, The Crescent, Tuscan and Lago Vista.

To be eligible for the draw buyers needed to spend just AED350,000 (~£50,000). It looks like these two investors got more than they bargained for!!!

There is one prize draw remaining, this one for a Bentley Continental. If you’re interested in Dubai property and want the chance to walk away with a new super-car into the bargain, contact me, Roshi, now through Cowshed Properties.

Property as a pension

For many people buy to let is becoming a mainstream alternative to traditional investments such as pensions and the stock market. Mintel reports that 3% of homeowners are considering buying another property to let by 2010, doubling the number of current landlords.

Despite the tax relief benefits of traditional pensions, many people today are exchanging their pension for property as a long term wealth strategy. With pensions not offering their previous returns and the real cost of living accelerating at an alarming rate, property investment continues to grow in popularity as an alternative investment vehicle which produces solid returns.

In the UK in 2006, buy to let accounted for 11% of all mortgage lending figures and the Council of Mortgage lenders (CML) revealed the buy-to-let sector turnover amounted to £38.4 billion of all mortgages processed. Mortgage lenders have grown more confident in the buy-to-let sector in the UK and abroad, and they are currently offering more attractive buy-to-let mortgage deals than ever.

Many investors are seeing the benefits of investing in bricks and mortar and good returns in the buy-to-let market continue to be achieved by the astute investor, as long as you manage your risks, and conduct thorough due diligence.

There is a lot more to Dubai than meets the eye

The Gulf News reports today as follows...

It has been suggested time and time again that the property market in Dubai is a huge bubble destined to burst. In my opinion, this is a long way from the truth. The reality is that Dubai has cleverly positioned itself as the gateway to the world for countries such as India and Pakistan...
... In attracting such a large number and wide range of corporations, it has already become an international commercial and economic hub and a leading tourist destination. With the plans that are in place, things will only get better...
... Dubai's Strategic Plan 2015 has one clear objective, which is: "To become the commercial, financial and recreational hub of the region." I have no doubt this objective will be realised... [read more].
Report by Ryan Mahoney, Special to Gulf News, August 30, 2007

Dubai, the "hot spot" of the overseas market

The delights of Dubai have been well documented by real estate professionals in the last twelve months. An important financial capital and the current ‘hot spot’ of the overseas property market, things are set to get even hotter in the emirate.

Some of the new luxury waterfront units from leading developers are netting up to 18% rental yields per year, reports one developer.

Dubai offers unparalleled luxury to visitors and is purpose built for pleasure. Rapid expansion is controlled by Government planning, ensuring properties are completed to exacting standards and in a timely fashion - all great news for overseas property investors.

Properties in desirable locations command high rental yields, making studios and apartments in popular complexes a solid investment opportunity. The annual visitor figure currently stands at five million but is set to swell in the next decade. This growth in visitors is matched by a burgeoning residential population, pegged at 3 million by 2010 according to demographic studies.

For those looking to cash in on the Dubai property boom I have a number of fantastic opportunities, with one of the regions top developers, to suit every budget from £60K (GPB) to £7m (GBP). There are ultra luxurious waterfront properties in marina locations, stunning one, two and three bedroom apartments all within breathtaking futuristic developments designed to cater to every need and desire. With all facilities and amenities these developments will command premium rental yields as a residential lets, as well as solid year on year capital growth.

I'm just receiving details in the next few hours and I'll post more details and photos right here in the next few days - remember to come back and look, or contact me at any time through Cowshed Properties.

Spanish economy cools on property slowdown

Rising interest rates and house prices have begun to cool the Spanish economy, according to figures released on Wednesday by The National Statistics Insititute, prompting independent investors to consider newer developing markets like Dubai.

The National Statistics Institute said on Wednesday second-quarter year-on-year growth in gross domestic product was 4 per cent, down from the 4.1 per cent re­corded in the first quarter. Construction, which accounts for nearly 20% of Spain's GDP, is the main laggard.

The new figures contrast sharply with annual growth rates of more than 15 per cent at the height of Spain's 10-year property boom. Time to start looking further afield for European property investors.

New residential and commercial investment properties in Dubai

My company Cowshed Properties in near Winchester, Hampshire, UK has just signed a deal to promote and sell some of the most desirable investment properties in Dubai.

The properties, built by a $20bn award-winning developer, range in price from £60k (GBP) to £7m (GBP), so whether you're a seasoned property investment professional or a first timer there's something to suit every budget.

I'm very excited about this deal because it complements my existing UK property location business. It offers my new and existing clients far greater scope in their investments, and the chance to take advantage of exceptional rental yields and great equity gains characteristic of the Middle Eastern market right now.

Remember to contact me for more details about the opportunities on offer.

Win one of five supercars - 1 every two weeks

I'm very excited to tell you about this amazing offer. You can win one of five supercars every fortnight when you invest in one of our Dubai properties.

Now isn't that a nice bonus?

Contact me through Cowshed Properties for more details.