Investing capital in a specific industry like property is a long-term way for individuals or families to obtain financial security for their present as well as future. As property values are rising in many countries, investors can achieve good capital growth.
Here are important points to consider about property investment:
1) The bottom line of property investment is to find an affordable property that can prove to be highly lucrative for the future. Anyone can invest in property and use any number of the many books and guides packed with helpful information that are available on the internet and at local bookstores and libraries.
2) Sometimes this huge amount of information can seem to be complicated and confusing. The best advice is to start from a primary level and then learn some tricks of the trade. If you are a beginner, you must look for a profitable property investment…so seek articles and tips on this.
3) Though the whole scenario of investments is always changing, property investment is still a viable means to enhance your financial portfolio. As time moves on, for example with newer media options of television and internet, new trends in property investment are appearing.
4) In the last decade, a common way to buy and sell property was to buy a house and / or to fix the existing problems. Prepare your property for resale and then sell the house quickly.
5) Residential property investment is the investment that can carry low risk and is not like investing in commercial property where investors have to worry about the conditions of businesses. Property investment loans are not as difficult to get as other types of loans and investing in residential properties can give investors a substantial financial boost.
Investors must consider the surrounding environment. For example, if you are buying residential properties then check whether there are sufficient numbers of schools, hospitals, main roads etc. to support our day-to-day existence.
Also check out the history of capital growth rate in the area in last at least 15 years. Make sure that property investment is worth the capital benefit. You must also consider the population growth rate of the locality.
Investors can also get property investment loans and attain about 106% of the purchase price. However, to qualify for such loans, your financial conditions must be able to sustain your current liabilities as well as the investment home loans. Lenders usually assess your assets, income and credit profile before financing your investments.
Investing in property extensive financial planning, but it also gives you some great tax benefits. Even though the market shifts all the time in the property sector, buying and selling property is always a good industry to be involved in.
If you are planning to invest in property, you need to take advice from experts or you can conduct research on the internet, attend seminars, interact with social groups and then read as much as possible regarding this matter to clear up all your investment doubts. The more you know about market, the better you will become at finding good property investments.
Slovenia property investment may not be as popular as many other well known property investment locations, but savvy investors are buying and making great capital gains, in one of the top markets for capital growth in the world.
With prices starting at just $50,000 and capital growth in excess of 30% per annum combined with the potential for significant rental income, it no wonder more investors than ever are looking at Slovenia property investment.
Capital growth potential
Investors in Slovenian property are currently enjoying capital gains of up to 30% per annum and this growth looks set to continue.
In the next decade capital growth was forecast at 278% by property specialist program “A place in the Sun” which has increased interest from property investors around the world.
Why Slovenia is hot
Since attaining independence from Yugoslavia and joining the EU, Slovenia has seen strong economic growth.
Tourism has been the fastest-growing sector of the economy and this has enabled it to produce the highest GDP of the new EU members.
Slovenia has become popular due to its variety of scenery; good infrastructure and a variety of airlines now offer cheap, frequent flights – making it easy and inexpensive to get to.
Slovenia is located between Austria, Italy, Hungary and Croatia and while a small country, it is beautiful and has something for everyone.
Slovenia features forests, vineyards, snow capped mountains, a beautiful stretch of Mediterranean coastline and some great baroque architecture.
Slovenia has a beautiful capital – Ljubljana.
The city has been described as a smaller and less crowed Prague and comes with stunning architecture.
A booming economy
Slovenia’s accession to the EU saw big changes in the economy, as Slovenia opened its doors to overseas property buyers.
Strong growth in GDP has been mirrored by growth in Slovenian property prices.
The capital Ljubljana offers the best returns on investment, with prices predicted to continue rising by around 30% per annum for many years to come.
The limited supply of housing and restrictions on land development are the main driving forces behind this growth.
The economic expansion in the capital which will see rentals soar – giving “buy to let” investors significant income, as well as capital growth potential.
Primorska on the Adriatic coast and the mountain district of Gorenjska are the next most expensive places to buy in Slovenia.
If you are interested in Slovenian property and cant afford these areas there are plenty more to choose from, as this is a market in its early stages of development and offers better risk to reward than the more mature markets that surround it.
Slovenia has a wide range of property investments to suit all tastes and budgets.
Property for sale in Slovenia with good capital growth potential can be bought from under $50,000 in many areas.
Arizona has long been the preferred vacation destination for northerners looking for a break from the bitter cold of winter. Some of these tourists even purchased a second home in Arizona for their part-time residence. But second homes in Arizona are not just for the average “snow bird”, and these second homes don’t have to be a typical retirement property.
More and more people are considering a second home for an investment property. In fact, sales of second homes accounts for a third of all real estate sales in the last year. Unlike the typical retiree property, many second home properties are used as rental properties for investment gain. These home owners realize income from the rental, as well as tax benefits and appreciation in value.
As the population ages, there is a significant increase in the number of people considering a second home for investment potential. Many people consider these second homes as short-term investments, and long-term retirement potential.
These second-homes aren’t necessarily small single-family properties or small apartment-like condominium. Instead these investment properties are often properties the investor can picture themselves living in long-term. This means the properties may offer amenities that are for more custom and appealing to a very active population. Investment properties are located close to golf courses and recreational properties, feature spectacular view, easy access to spas, and plenty of space for entertaining.
These properties don’t necessarily fall into one single category – the second home market can include small efficiency condominiums, or larger, more expansive properties. What they do have in common is the ability to meet the needs of the owner long-term.
These highly customized homes offer great rental potential. Arizona continues to attract many high-tech businesses. The right property in the right location can mean a steady stream of executive renters, and a great rental income. This second property can not only bring in income, but pay off the mortgage long before retirement.
Real estate investment is an excellent way to grow wealth. These second homes give owners a unique opportunity to accrue value. In Arizona, real estate prices have appreciated at a truly spectacular rate. While prices have cooled down from the lightening-hot rates of the past year, appreciation still remains extremely strong. When compared to other investment opportunities, it’s clear that real estate is a stable and profitable investment.
There are a number of mortgage options that are quite unique to the second home market. For investors that are would like to pursue a second home, a quality mortgage agent can show you a number of options that make the second home not only possible, but extremely profitable.
How long do you plan on owning the investment property? As with stocks and bonds, the value of your investment may change significantly during the time you own it. While most real estate will appreciate in value over time, there are frequent fluctuations in the short-term market. If you plan on selling your investment property after less than five years, be prepared to accept the investment risk inherent in a shorter time horizon. This is especially true if you bought your property in an overheated real estate market. If this is the case, you could find yourself losing money if the market has taken a temporary downturn, especially if you’ve had to make major repairs to the property.
If you plan on owning the property for the next twenty to twenty-five years, it’s almost certain that your investment property will appreciate in value. There’s also a good chance, however, that you’ll have to make major repairs like replacing the roof, wiring system, or major appliances like a water heater or refrigerator. Of course, these repairs will be offset by the fact that you’ve had/will have twenty plus years to recoup the cost. If on the other hand, you’re only planning on owning an investment property for the next five years, buying a “fixer up’er” can eat up all the profits you would have made during your shorter investment horizon.
If you want the best deal possible on an investment property, than there are some people you’ll want to be friends with. City hall clerks and bank employees may know what properties will be available on foreclosure and when they will go on the market. Real estate agents usually know everything real estate related within their respective territory. Some prospective landlords even run ads in local newspapers.
Many individuals interested in entering the investment property market may even join local landlord or investment property owners organizations. These types of organizations hold regular meetings where you can get the inside scoop on what’s for sale in your area. The National Real Estate Investors Association is an online organization that provides a wealth of information and resources to potential investment property owners.
Get your finances in order. The less debt you have when you walk into your local lending institution, the better loan you’ll get. This is common sense, but it’s even more true for those seeking financing for an investment property. This is because lenders know that people are much more likely to default on a rental property than on their own homes. This means that the bank will demand a larger down payment and higher interest rates that you may have expected. It’s also a good idea to have some extra cash left over to make unforeseen repairs should they arise.
By wisely choosing an investment property time horizon, making contacts in the investment property community, and preparing proper financial means, your investment may become a significant means of supplementing retirement and other savings accounts.
With prices in many areas rising at 30% per annum and forecast growth for the next 10 years to be almost 300%, Slovenian property has a lot to offer potential investors.
In this article we will look at the reasons you should consider buying property in Slovenia.
1. Geographical location
Slovenia is located to the right of the Trieste region of Italy, and also has borders with Croatia, Austria and Hungary.
While a beautiful country in itself with much to offer, it also makes a great base to explore a host of nearby attractions with cities such as Venice, Prague and Budapest close by.
For skiers, the slopes of Austria and Northern Italy are within easy reach, yet property is much cheaper here than in either country.
Slovenia may only be a small country, but it has a lot to offer in terms of scenery including:
Snow capped mountains, fairytale forests, rolling hills, stunning valleys with vineyards, as well as lakes, rivers and waterfalls.
In addition to this natural beauty, there are beautiful towns such as the capital Ljubljana, with its striking church spires, stunning baroque architecture and cosmopolitan atmosphere.
Popular areas to buy property outside the capital include:
Primorska with its Adriatic coastline, the lakeside resort of Bled, the ski resorts of, Bohinj and Kranska gora with easy access to the Julian Alps and the beautiful Soca Valley region.
Slovenia is diverse in what it offers to overseas property investors and there are many areas that offer stunning natural beauty and the potential to make some great capital growth to.
3. Economic stability
Slovenia’s geographical position and recent membership of the European Union (EC) which it joined in 2004, has seen foreign capital investment flow into the country and Slovenia now boasts the highest growth rate of any new EU member, which is running at around 5% per annum.
This strength in the economy, combined with an increase in tourism, is the driving force behind the boom in Slovenia property.
4. Housing shortage
In many areas there is a shortage of quality housing. The perfect example of this is the capital Ljubljana, where strict restrictions on land development are driving property prices higher.
Many of the major tourist destinations are also suffering a shortage, as the increasing influx of tourists puts pressure on local accommodation.
5. Growth in tourism
The government is committed to expanding revenue from tourism. Although the country does not have such a well developed tourism industry as some of its neighbours, this is all about to change and with the increase in low cost flights to the country; tourism will increase, as more people discover the delights of this beautiful country.
6. Capital gains & income
You can focus on capital gains or income or a mix of the two.
7. Its Still Affordable
It’s still highly affordable and Slovenia property prices still seem to have a long way to move to the upside. The trend has already started, but like most property booms it will last for decades and the potential to make solid capital gains for the foreseeable future is one of the reasons Slovenian property investment is so popular.
8. Ease of purchase
The buying process is straightforward and designed to protect both buyers and sellers. Unlike in many other destinations ownership is transparent finally; there are also local finance options available, for those wanting to raise capital. There are now several specialist Slovenia estate agents that specialize in helping foreign property investors find the right property in terms of, their budget and investment aims.
Add up all the facts
Slovenia property offers the potential to make great long term capital gains, combined with good rental income, combined with the potential for future growth, makes it an excellent investment in terms of risk to reward.
Discover buying property in Slovenia and you may be glad you did.
Over the last 15 years there has been a dramatic rise in the number of people who choose to invest in property for the purpose of renting. Buy to Let sales have become much more common. It is believed renting has become very popular among tenants due to the flexibility and freedom it offers, without the commitment of buying a home. For many, purchasing and letting property has become a very profitable investment. They provide a steady, reliable income as well as a steady rise in value of their property. The income from renting property should be enough to cover the landlords mortgage payments and make a profit.
Initially it appears that property investment and rental is a flawless way to a steady income and security but property management can be a complex area with its own set of risks and pitfalls but with the right knowledge and approach it can be very rewarding. Letting agents are a good way to have your property professionally managed for a small cost. They will generally take 10%-15% of your monthly rent, plus a one off management fee and will take care of all aspects of managing your property from arranging marketing, web site advertisements and property signboards, supervised viewings, credit checks, tenancy agreements and inventories, collection of rent, property inspections, and possibly a 24 hour emergency contact.
Reasons for Rental Popularity among Tenants.
For tenants, renting has become a more flexible and attractive alternative to buying. There are several benefits that property renting can offer tenants. With job insecurity, many people now fear having the commitment of mortgage payments in the event they are suddenly out of work. It allows co-habitation of couples without the difficulties of a mortgage if there is a split. Divorce rates have become much higher in recent years and with an ageing population where people are living longer, there is more demand for homes for people living alone. Getting onto the property ladder for first time buyers has become more difficult than ever, leaving some young buyers with no other option but to rent.
Reasons for Rental Popularity among Landlords.
For landlords, investing in property can provide a secure and steady income alongside an existing job or an alternative to other forms of savings and investment. Property rental in the UK has steadily become more accepted in the last few years, catching up with places with more established industries like Europe and the US. The demand for rental property is strong and with the guarantee that the landlord can have the property back at any time, as well as charge reasonable rent is very appealing. The option of Buy To Let mortgages has provided a profitable alternative to building societies, stocks and shares with far less chance of losing your money.
Many landlords start their property rental investment with one property as a sideline income while keeping another job. However, this has led many to take on more properties, with some eventually owning a full portfolio, which can support them financially. Another area of investment which is rapidly gaining popularity is commercial property. Property management and Buy To Let is generally associated with flats and homes but with towns and cities full of shops and offices, the opportunity for investment in these areas is also being noticed.
With property investment comes a level of risk. The risk with property however, compared to the reward is far lower than the stock market, with a higher return than savings and building societies.
2 bedroom property for sale near Varna, Bulgaria.
Property is resale and in need of major enovation.
This one-storey solidly built rural property can be transformed into an ideal holiday home after some refurbishment. Nicely located in a village STEFAN KARADJA. The house comprises of an entrance hall and two rooms all of 50 m2. Electricity and running water are available. The property is next to the small river and in the park area. The house is sold with 1160 m2 of regulated land which is big enough to build a swimming pool or arrange a recreational area. The village is big, well developed and it has shops, food stores, a local bar, a medical centre, a post office. Rural privacy can be enjoyed only 10 km(6 miles) away from the nearest municipal town of Valchi Dol and the highway can take you to the coastal city of Varna 50 km(30 miles) and its modern International Airport for less than 40 minutes drive. Regular bus transport from the nearby relatively large city is a convenience. Quite a few foreign settlers have made this village their new home. On sale by owner.
*Legal fees and taxes are NOT included in the price.
**Ready documents on reconstruction or a new building.