Margarita Island: Bargain Property in the Caribbean
It is also one of the few Caribbean islands not on the hurricane belt so investors can be safe in the knowledge that their property will remain safe in their absence.
Yet it is not just the high capital appreciation that is attracting investors. The island's dramatic mountainous terrain rises up to over 1000 meters above sea level, lined with lush vegetation, flora and fauna and framed by 72 golden white sandy beaches. With 8 or more hours of sunshine a day and temperatures ranging from 23-32C it is the perfect place to holiday in and to make substantial rental income from; Margarita property easily achieves rental yields of 8-12 percent.
Getting there is easy too. Direct flights operate from Gatwick and Manchester, and an additional 18 indirect flights from other UK airports, mostly going via Caracas in Venezuela.
David Stanley Redfern currently has four properties in Margarita, and as all their properties are Condominiums they will be exempt from any laws imposed by the Venezuelan government on Venezuelan and Margarita property.
The Apartment Margarita Plaza is available for just 55,000 and is located in Porlamar - the largest commercial centre on the island filled with restaurants, bars and cafes all within easy walking distance of the beach. The 2 double bedroom, 2 bathroom apartment with fully fitted kitchen, breakfast bar and separate dining room is just 30 seconds walk from the beach, but owners don't have to walk that far if they want to use the swimming pool or Jacuzzi.
Then there's the Caracola Beach and Spa Resort overlooking the stunning Caracola beach. Each apartment will have a fully fitted kitchen (including white goods), climate control air systems and furniture. All bathrooms will be fitted with Roca or equivalent sanitary ware, and the development has plenty of semi-covered parking. The building is an eco-sensitive design with a thermally efficient environment and has a 10 year guarantee. Apartments range in size from 58.3m2 to 125.8m2 and prices start from 63,000.
Yet it is not just the high capital appreciation that is attracting investors. The island's dramatic mountainous terrain rises up to over 1000 meters above sea level, lined with lush vegetation, flora and fauna and framed by 72 golden white sandy beaches. With 8 or more hours of sunshine a day and temperatures ranging from 23-32C it is the perfect place to holiday in and to make substantial rental income from; Margarita property easily achieves rental yields of 8-12 percent.
Getting there is easy too. Direct flights operate from Gatwick and Manchester, and an additional 18 indirect flights from other UK airports, mostly going via Caracas in Venezuela.
David Stanley Redfern currently has four properties in Margarita, and as all their properties are Condominiums they will be exempt from any laws imposed by the Venezuelan government on Venezuelan and Margarita property.
The Apartment Margarita Plaza is available for just 55,000 and is located in Porlamar - the largest commercial centre on the island filled with restaurants, bars and cafes all within easy walking distance of the beach. The 2 double bedroom, 2 bathroom apartment with fully fitted kitchen, breakfast bar and separate dining room is just 30 seconds walk from the beach, but owners don't have to walk that far if they want to use the swimming pool or Jacuzzi.
Then there's the Caracola Beach and Spa Resort overlooking the stunning Caracola beach. Each apartment will have a fully fitted kitchen (including white goods), climate control air systems and furniture. All bathrooms will be fitted with Roca or equivalent sanitary ware, and the development has plenty of semi-covered parking. The building is an eco-sensitive design with a thermally efficient environment and has a 10 year guarantee. Apartments range in size from 58.3m2 to 125.8m2 and prices start from 63,000.
French Property Specialist FrenchEntree launches Châteaux Property Finder website
FrenchEntree are pleased to announce the launch of their specialist property finding website "French Chateaux for sale". The website specializes in providing users with information about available Chateaux, and through their premier partners, FrenchEntree can offer their visitors a service too, by arranging viewings and guiding them if they wish through the entire purchasing process.
There are many Chateaux available on the French property market from smaller manor houses to enormous stately homes, as well as grand royal and secular palaces. Such properties can be found in all regions across France, from Poitou Charentes to the Midi-Pyrenees.
At FrenchEntree we have a great range of Chateaux for sale. Whether you are choosing a Chateau for permanent residence or for a business opportunity, the search weblet can help visitors narrow their French property search down, by allowing them the option to look in a specific area and within a certain price range in order to find Chateaux which match their requirements.
Please contact FrenchEntree and let us help you find your dream French Chateau.
There are many Chateaux available on the French property market from smaller manor houses to enormous stately homes, as well as grand royal and secular palaces. Such properties can be found in all regions across France, from Poitou Charentes to the Midi-Pyrenees.
At FrenchEntree we have a great range of Chateaux for sale. Whether you are choosing a Chateau for permanent residence or for a business opportunity, the search weblet can help visitors narrow their French property search down, by allowing them the option to look in a specific area and within a certain price range in order to find Chateaux which match their requirements.
Please contact FrenchEntree and let us help you find your dream French Chateau.
UApply Announces More Free Online Services on How to Become Debt Free & Raise Credit Score.
UApply Inc. today announced the launch of UApply.Com's new free safe and secure online applications with no registration required for their clients. UApply is now offering much more free services for their client's financial needs today. President of the company, Mr. Fleishour applies his expertise to show clients how to use an easy online, free and effective solution for getting out of debt.
UApply is the leading online lending and informational service exchange that helps consumers. Whether UApply's clients are looking for loans, insurance services, credit cards, credit repair, a free credit report, debt consolidation, a Realtor, or a new home, UApply can help their clients every want and need.
UApply is the trusted financial partner that offers a no-nonsense self-help guide to becoming debt free and repairing one's credit. From getting back on track after declaring bankruptcy , to protecting oneself against identity theft, which can cause terrible financial and credit rating damage.
By using UApply's free online applications and tools, clients learn a simple step-by-step action to improve one's credit rating and keep good credit. UApply is a solid resourceful website, with practical, "must-know" advice. A consumer guide list of consumer protection agencies, a "how to" on getting a free credit report , with just a simple step by step process, upon subscription of UApply's newsletter visitors will receive an enhanced personal testimony of Mr. Fleishour's personal experience of foolishly sinking into debt when he was younger, and learning the hard way how to dig himself out of debt and structure his financial life with solid discipline; highly recommended.
UApply is the leading online lending and informational service exchange that helps consumers. Whether UApply's clients are looking for loans, insurance services, credit cards, credit repair, a free credit report, debt consolidation, a Realtor, or a new home, UApply can help their clients every want and need.
UApply is the trusted financial partner that offers a no-nonsense self-help guide to becoming debt free and repairing one's credit. From getting back on track after declaring bankruptcy , to protecting oneself against identity theft, which can cause terrible financial and credit rating damage.
By using UApply's free online applications and tools, clients learn a simple step-by-step action to improve one's credit rating and keep good credit. UApply is a solid resourceful website, with practical, "must-know" advice. A consumer guide list of consumer protection agencies, a "how to" on getting a free credit report , with just a simple step by step process, upon subscription of UApply's newsletter visitors will receive an enhanced personal testimony of Mr. Fleishour's personal experience of foolishly sinking into debt when he was younger, and learning the hard way how to dig himself out of debt and structure his financial life with solid discipline; highly recommended.
U.S. INVESTMENT IN AJMAN PROPERTIES ON THE RISE
Some of the world's most famous celebrities are developing properties in the Emirates. Real estate tycoon Donald Trump has partnered with a developer to build a tulip-shaped hotel in Dubai and Brad Pitt is in the process of designing and endorsing an environmentally-friendly, five-star Dubai hotel with an incredible 800 rooms.
Over the past few years, Dubai, and its surrounding Emirates, has attracted investors thanks to the potential offered by this booming country and a "can do attitude" from the government, which welcomes overseas investors. Dubai is the fastest growing economy in the world with a GDP growth of over 13%, mainly concentrated in real estate.
Since the introduction of freehold property, the real estate market has become a huge success story. Many investors have seen as much as 200% appreciation on their real estate investment. Recent studies suggest that the demand for residential and commercial property is likely to continue for the foreseeable future.
The surge in real estate prices has been the result of Dubai's rapidly growing population, which has created huge demand for residential properties. The Emirates has seen its population grow by almost 75% in the past decade, creating a demand that outpaces supply.
Dubai's population was estimated at 1.2 million people in 2005—almost twice the number recorded in 1993, according to GlobalPropertyGuide.com. Only 7 percent of the city's inhabitants are local "Emiratis." The population is expected to double again during the next decade, according to an article in "The Business" last December.
With demand for property in Dubai at a high, coupled with soaring prices, buyers are now turning their attention to Ajman, the smallest of the seven Emirate states. In 2004, Ajman was the second Emirate after Dubai to introduce freehold property.
Over the past few years, Dubai, and its surrounding Emirates, has attracted investors thanks to the potential offered by this booming country and a "can do attitude" from the government, which welcomes overseas investors. Dubai is the fastest growing economy in the world with a GDP growth of over 13%, mainly concentrated in real estate.
Since the introduction of freehold property, the real estate market has become a huge success story. Many investors have seen as much as 200% appreciation on their real estate investment. Recent studies suggest that the demand for residential and commercial property is likely to continue for the foreseeable future.
The surge in real estate prices has been the result of Dubai's rapidly growing population, which has created huge demand for residential properties. The Emirates has seen its population grow by almost 75% in the past decade, creating a demand that outpaces supply.
Dubai's population was estimated at 1.2 million people in 2005—almost twice the number recorded in 1993, according to GlobalPropertyGuide.com. Only 7 percent of the city's inhabitants are local "Emiratis." The population is expected to double again during the next decade, according to an article in "The Business" last December.
With demand for property in Dubai at a high, coupled with soaring prices, buyers are now turning their attention to Ajman, the smallest of the seven Emirate states. In 2004, Ajman was the second Emirate after Dubai to introduce freehold property.
French Property Specialist FrenchEntree launches Apartments Finder websites
FrenchEntree are pleased to announce the launch of their specialist property finding websites for "Cannes Apartments" and "Nice Apartments". It is for all those looking for luxury apartments in these popular and chic locations in the south of France.
Through their premier partners, FrenchEntree can offer their visitors a service too, by arranging viewings and guiding them if they wish through the entire purchasing process.
The kinds of apartments on the market range from studios to maisonettes, in new build complexes to town houses. Some of the typical style apartments that feature have sea views, pool facilities, balconies and terraces. Away from the town centre, buyers can get even larger properties for their money.
The apartment's property search weblets can help visitors narrow their French property search down, by allowing them the option to look in a specific area and within a certain price range in order to find an apartment, which matches their requirements.
Whether buyers are planning to spend 170,000 to 1,000,000, they should contact FrenchEntree to find the perfect apartment in and around Cannes or Nice!
FrenchEntree are a complete online guide to Property, Living and Holidays in France. Visit http://www.frenchentree.com
Through their premier partners, FrenchEntree can offer their visitors a service too, by arranging viewings and guiding them if they wish through the entire purchasing process.
The kinds of apartments on the market range from studios to maisonettes, in new build complexes to town houses. Some of the typical style apartments that feature have sea views, pool facilities, balconies and terraces. Away from the town centre, buyers can get even larger properties for their money.
The apartment's property search weblets can help visitors narrow their French property search down, by allowing them the option to look in a specific area and within a certain price range in order to find an apartment, which matches their requirements.
Whether buyers are planning to spend 170,000 to 1,000,000, they should contact FrenchEntree to find the perfect apartment in and around Cannes or Nice!
FrenchEntree are a complete online guide to Property, Living and Holidays in France. Visit http://www.frenchentree.com
Investors remain confident in real estate returns
Almost $20bn ( 10.2bn) of real estate funds are to be launched this week as equity raising for property investment shows no sign of slowing.
Most of the money is going to emerging economy countries where value is to be had, in particular Asian and eastern European markets.
Liam Bailey, head of international research for overseas property specialists David Stanley Redfern Ltd said:
"This is yet more proof that the credit crunch is having a positive effect on emerging markets and on property investment therein. The credit crunch tightening company purse strings is intensifying growth in business sectors in emerging markets, both from businesses relocating to more cost effective emerging market locations, and consumables being bought cheaper from suppliers in emerging markets. Emerging market tourism may well also be boosted if the credit crunch worsens, as people look for ever-more-affordable holidays."
"That said," continued Bailey "it is little wonder confidence is not falling in real estate investment in emerging markets, because as research and possibility turns into fact, confidence is actually growing."
David Stanley Redfern Ltd are emerging market property specialists. As part of their portfolio the company has property in eastern European countries such as Albania and Montenegro; Asian property hotspots such as Cambodia, Malaysia, and the Philippines; South American markets such as Nicaragua, Panama and Costa Rica; as well as other emerging markets in the Caribbean and more established markets where value is still to be had.
The company's business model is built on their clients' success and David Stanley Redfern Ltd only sells property that is capable of making substantial returns, be it over the short term, or the mid-long term.
To join the real estate funds and big-time property investors making money from emerging markets, visit http://www.davidstanleyredfern.com
Most of the money is going to emerging economy countries where value is to be had, in particular Asian and eastern European markets.
Liam Bailey, head of international research for overseas property specialists David Stanley Redfern Ltd said:
"This is yet more proof that the credit crunch is having a positive effect on emerging markets and on property investment therein. The credit crunch tightening company purse strings is intensifying growth in business sectors in emerging markets, both from businesses relocating to more cost effective emerging market locations, and consumables being bought cheaper from suppliers in emerging markets. Emerging market tourism may well also be boosted if the credit crunch worsens, as people look for ever-more-affordable holidays."
"That said," continued Bailey "it is little wonder confidence is not falling in real estate investment in emerging markets, because as research and possibility turns into fact, confidence is actually growing."
David Stanley Redfern Ltd are emerging market property specialists. As part of their portfolio the company has property in eastern European countries such as Albania and Montenegro; Asian property hotspots such as Cambodia, Malaysia, and the Philippines; South American markets such as Nicaragua, Panama and Costa Rica; as well as other emerging markets in the Caribbean and more established markets where value is still to be had.
The company's business model is built on their clients' success and David Stanley Redfern Ltd only sells property that is capable of making substantial returns, be it over the short term, or the mid-long term.
To join the real estate funds and big-time property investors making money from emerging markets, visit http://www.davidstanleyredfern.com
Office Suites at Westcott House, 35 Portland Place
MERJS are delighted to announce the successful let of the recently refurbished period style office suites at Westcott House, 35 Portland Place, London W1. The commercial property agency acted on behalf of City and Provincial (Equity Partners 3) Limited, the office let encompassing the Ground, 1st and Mezzanine floors with a total of approximately 3,510 square feet. For further information visit http://www.merjs-agency.co.uk or call +44 20 7079 3976.
Westcott House, W1, occupies a prominent position on the west side of Portland Place, in between the junctions of New Cavendish Street and Weymouth Street. Underground Stations connecting to seven different underground lines are all within convenient walking distance of the commercial property.
Colin Becker, Equity Director of MERJS spoke very highly of the London W1 commercial property. "This period commercial property is a beautiful example of a converted Victorian building. The refurbished office suites have retained a large number of period features and have high ceilings which make the offices a very pleasant workplace. In addition, the commercial property benefits from good natural light, a passenger lift and even an outside terrace area which is a real bonus in such a central London location. I'm sure the new commercial property tenants will be very happy there."
Westcott House, W1, occupies a prominent position on the west side of Portland Place, in between the junctions of New Cavendish Street and Weymouth Street. Underground Stations connecting to seven different underground lines are all within convenient walking distance of the commercial property.
Colin Becker, Equity Director of MERJS spoke very highly of the London W1 commercial property. "This period commercial property is a beautiful example of a converted Victorian building. The refurbished office suites have retained a large number of period features and have high ceilings which make the offices a very pleasant workplace. In addition, the commercial property benefits from good natural light, a passenger lift and even an outside terrace area which is a real bonus in such a central London location. I'm sure the new commercial property tenants will be very happy there."
Green Auto Insurance for Commercial Fleets Launched by Fireman’s Fund Insurance Company
Fireman’s Fund Insurance Company has introduced new vehicle replacement coverage for commercial fleets – insuring the full replacement cost of vehicles that are total losses for up to their first three model years. In addition, a hybrid upgrade endorsement is available, enabling business’ fleets to “go green.”
Most commercial auto insurance policies pay “actual cash value” (cost of the vehicle when purchased new minus depreciation) if a commercial auto is damaged beyond repair or stolen. This doesn’t account for the extra cost a commercial business would have to pay to purchase a new vehicle, often costing thousands of dollars more. Fireman’s Fund differentiates by offering full replacement coverage including increased cost to replace with a new vehicle.
Commercial vehicles will be replaced with the most current make and model available, including similar equipment and options. There is no depreciation reduction, but rather the increased cost to replace with a new vehicle is covered.
In addition, Fireman’s Fund now offers an upgrade to green with a hybrid endorsement. This enables policyholders to upgrade to a hybrid model (or its equivalent) during the first three model-years in the event of a total loss. This is an attractive choice for those businesses that want to protect the value of their assets, reduce their energy costs, and protect the environment.
Both of these coverage enhancements apply without a deductible. The coverage also includes Rental Reimbursement coverage up to $3500 in the event of a total loss.
Most commercial auto insurance policies pay “actual cash value” (cost of the vehicle when purchased new minus depreciation) if a commercial auto is damaged beyond repair or stolen. This doesn’t account for the extra cost a commercial business would have to pay to purchase a new vehicle, often costing thousands of dollars more. Fireman’s Fund differentiates by offering full replacement coverage including increased cost to replace with a new vehicle.
Commercial vehicles will be replaced with the most current make and model available, including similar equipment and options. There is no depreciation reduction, but rather the increased cost to replace with a new vehicle is covered.
In addition, Fireman’s Fund now offers an upgrade to green with a hybrid endorsement. This enables policyholders to upgrade to a hybrid model (or its equivalent) during the first three model-years in the event of a total loss. This is an attractive choice for those businesses that want to protect the value of their assets, reduce their energy costs, and protect the environment.
Both of these coverage enhancements apply without a deductible. The coverage also includes Rental Reimbursement coverage up to $3500 in the event of a total loss.
Prudential Real Estate Launches New Advertising Campaign
Prudential Real Estate Affiliates, Inc., a Prudential Financial, Inc. (NYSE: PRU) company, today launched a new advertising campaign directing consumers to new tools and resources available at the company’s popular Web site, www.prudential.com/realestate.
Television advertisements, created in high definition by Prudential Advertising, underscore that real estate consumers will find the resources and information needed for their property searches at Prudential.com. The campaign slogan: “Prudential.com … the shortest distance between you and home” positions Prudential Real Estate as the trusted source for useful real estate information, and directs consumers to Prudential.com and to affiliate listings.
“You can click on to our site and quickly get an Environmental Profile, a Value Range Estimate and a Property Profile on any domestic property, free of charge,” said Laurie Keenan, president, Prudential Real Estate Affiliates, Inc. “Of course, you can also search more than 3.5 million listings and reach out to your nearest Prudential Real Estate affiliate for the consultation and services you need to complete prudent real estate transactions.
“Our message is a simple one,” Keenan continued. “Real estate consumers can find everything they need at one address, prudential.com.”
Advertisements, which premiered today on ABC’s Good Morning America, will run in prime time on network television stations, and during ABC’s streaming broadcasts online. The campaign also will include print and online display/banner advertising.
Prudential Real Estate and Relocation Services, Inc. is Prudential’s integrated real estate brokerage franchise and relocation services business. Prudential Real Estate franchises are independently owned and operated. Companies are selected based upon outstanding performance records, high levels of customer service and shared business values with those of Prudential. Prudential Real Estate provides franchises with business strategies using Operation Reviews as well as numerous benefits, including access to Prudential.
Television advertisements, created in high definition by Prudential Advertising, underscore that real estate consumers will find the resources and information needed for their property searches at Prudential.com. The campaign slogan: “Prudential.com … the shortest distance between you and home” positions Prudential Real Estate as the trusted source for useful real estate information, and directs consumers to Prudential.com and to affiliate listings.
“You can click on to our site and quickly get an Environmental Profile, a Value Range Estimate and a Property Profile on any domestic property, free of charge,” said Laurie Keenan, president, Prudential Real Estate Affiliates, Inc. “Of course, you can also search more than 3.5 million listings and reach out to your nearest Prudential Real Estate affiliate for the consultation and services you need to complete prudent real estate transactions.
“Our message is a simple one,” Keenan continued. “Real estate consumers can find everything they need at one address, prudential.com.”
Advertisements, which premiered today on ABC’s Good Morning America, will run in prime time on network television stations, and during ABC’s streaming broadcasts online. The campaign also will include print and online display/banner advertising.
Prudential Real Estate and Relocation Services, Inc. is Prudential’s integrated real estate brokerage franchise and relocation services business. Prudential Real Estate franchises are independently owned and operated. Companies are selected based upon outstanding performance records, high levels of customer service and shared business values with those of Prudential. Prudential Real Estate provides franchises with business strategies using Operation Reviews as well as numerous benefits, including access to Prudential.
Citi Capital Strategies Advises ProLogic Incorporated on Its Acquisition by Ultra Electronics Holdings plc
ProLogic Incorporated (“ProLogic” or the “Company”) has been acquired by U.K.-based defense and aerospace firm, Ultra Electronics Holdings plc (“Ultra”). The transaction is subject to regulatory approval.
Citi Capital Strategies, a division of Citigroup Global Markets Inc. and a leading provider of investment banking services to privately held businesses, served as the exclusive financial advisor to ProLogic. The Citi Capital Strategies M&A team consisted of Ted Polk, Managing Director (Chicago, Illinois), Matt De La O, Director (Washington, D.C.) and Frantz Casseus, Associate (Washington, D.C.). As part of the transaction, Ultra paid initial cash consideration of $50 million. In addition, Ultra will pay $5 million as a retention incentive for key staff and a further sum of up to $8 million will be paid to the selling shareholders if certain growth targets are met over the next three years. On a pro-forma basis, ProLogic’s revenue on a full-year basis for 2007 would have been about $50 million with an EBIT margin of about 10%.
ProLogic provides specialized products and solutions for mission-critical enterprise IT, tactical data communication systems and intelligence processing infrastructures, as well as independent IT consulting services to US government customers. ProLogic’s core competencies are systems engineering and integration, software development and enterprise engineering & operations.
Citi Capital Strategies, a division of Citigroup Global Markets Inc. and a leading provider of investment banking services to privately held businesses, served as the exclusive financial advisor to ProLogic. The Citi Capital Strategies M&A team consisted of Ted Polk, Managing Director (Chicago, Illinois), Matt De La O, Director (Washington, D.C.) and Frantz Casseus, Associate (Washington, D.C.). As part of the transaction, Ultra paid initial cash consideration of $50 million. In addition, Ultra will pay $5 million as a retention incentive for key staff and a further sum of up to $8 million will be paid to the selling shareholders if certain growth targets are met over the next three years. On a pro-forma basis, ProLogic’s revenue on a full-year basis for 2007 would have been about $50 million with an EBIT margin of about 10%.
ProLogic provides specialized products and solutions for mission-critical enterprise IT, tactical data communication systems and intelligence processing infrastructures, as well as independent IT consulting services to US government customers. ProLogic’s core competencies are systems engineering and integration, software development and enterprise engineering & operations.
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