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Over the last 4 years we have seen property prices in the UK more than double.  There may be some more room for capital growth but the growth will be at best modest.  The reason for this is due to the market correcting.  Property used to be cheap!  As an accountant using various asset valuation tools I was able to spot this undervaluation in the market.  I was not, however, able to spot how quickly this correction would happen!  With hindsight the real reason why prices have rocketed is due to every lender in the UK now offering a buy-to-let mortgage.  Since the banks allowed us to fund second, third, fourth and even more properties (in my case especially!) with the rent received from the tenant it was a simple case of supply and demand – buyers exceeded properties.

 

Now with yields below 5%, property in most of the UK look very unattractive.  Especially with rates rising and borrowing rates in excess of 5% novice investors are finding that there is a shortfall between the rent received and the mortgage payment.  Novice investors are having to contribute out of their own pocket to meet the mortgage payment.  For the wise investor he has been forced to abstain from the market or to travel all around the UK to find a suitable area to offer a decent return on his money.  These few areas left will dry up without a doubt.  This is why this book has been written.  If you wish to carry on investing in property you need to go INTERNATIONAL!

 

I would rather not invest abroad if there are suitable investments in the UK.  You have the barriers such as distance, language, tax and legal differences and these have to be all managed.  However, I challenge any expert to present to me a better investment than property.  Property is a sure way to wealth.  It is the only investment that you can gear up to 85% Loan To Value, be funded by someone else (i.e. the tenant) and requires little effort from yourself.  You can duplicate the process as many times as you like without restriction.  So the barriers are worth overcoming as there is no other asset investment that can compete with property.

 

The hotspots I have chosen give you a good spread of the world.  It makes an enjoyable read purely from a general knowledge point of view.  If you read deeper in to each hotspot you can see that each hotspot is worth a visit based on the financial fundamentals.  It would make a great trip based on any fundamentals!  Each section of the template is valid and I would suggest you use the internet to gain further knowledge of each hotspot.  If possible invest in a few overseas phone calls to agents out there.  You can gauge a lot from just speaking to the locals.

 

Well I hope you enjoy the book.  It will certainly make you feel like going on holiday – that’s for sure.  If you wish to make contact with me then visit www.buytolethotspots.com or email me at ajay@propertyhotspots.net.

 

Good Luck.

 

 

 

Ajay Ahuja

 

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With all sorts of useful, relevant and often overlooked yet vital information, we have come up with the best 27 areas to invest in around the globe. Look at this example and see if you can spot where it is. Better still, use your head and register today so you can spend more time on where your next investment is going to be!

 

 

[City] XXXX, [Country] YYYY

 

 

C

O

U

N

T

R

Y

 

D

A

T

A

Population

7.71 million persons

PopulationGrowth

-1.140%

Land Area

110,550 sq km

Currency & exchange rate

????

GDP-PPP Method

35,820.0 millions of US dollars

GDP Growth

5.20%

GDP Per Head

4,647.0 Thousands of US Dollars Per Person

Financial

Interest Rate

Inflation Rate

3.31%

5.80%

National Bank

????

Political

YYYY is a parliamentary republic ruled by a democratically elected government. The members are elected for a maximum of four-terms by proportional representation. The assembly elects a council of ministers with a prime minister. They assist the President of the republic who is elected for a five-year period.

Following the years after the collapse of the communist regime, YYYY suffered through a series of governments. The elected YYYY Socialist Party in 1994 were not effective in taking action against corruption, organised crime and much needed economic reforms.

In 1997 this party gave way for the centre–right…SUBSCRIBE NOW to read on

Social Security

Yes

Languages

YYYY, various others

Customaries

Usual courtesies should be observed and handshaking is the normal form of greeting. Dress should be conservative but casual. If invited to the home, a small souvenir from one’s homeland is an acceptable gift. Do not give money. Remember that a nod of the head means ‘No’ and a shake means ‘Yes’.

For a complete list of special events, contact the National Tourist Information Centre or the Embassy.

Ethnic Make-up

YYYY

83.0%

ZZZZ

9.0%

VVVV

6.0%

SSSS

3.0%

Tax

Income Tax

Capital Gains Tax

 

Taxable income

Tax on lower amount

Rate on excess

Exceeding

Not exceeding

 

%

0

110

0

0

110

140

0

18

120

400

5.4

24

400

1,000

67.8

28

1,000

-

235.8

29

 

Inheritance tax is levied on all property in YYYY, but no indication of capital gains tax.

Description

YYYY has had a strong agricultural history, with the main predicts being maize, wheat, sugar, barley, grapes and tobacco. However, it has experienced some decline with the major industries now being Chemicals, machine building and metalworking, food processing, construction materials, ferrous and non-ferrous metals and power generation including nuclear.

The country is also known for its export of wine and perfumeries. The major trading partners are Russia, Germany, Italy, Greece, turkey and the US.

YYYY has made significant economic advances in the last few years but has in the last decade or so suffered the usual problems experienced by centrally planned economies adjusting to market condition and unemployment is still quite high, floating around the 15% mark.

The key challenges for the government are to attract greater foreign investment and to complete the privatisation process. A transparent and predictable business climate needs to be created by tackling corruption and promoting institution building and public sector reform.

 

 

 

 

L

O

C

A

L

 

D

A

T

A

Investor Profile:

Cash & Equity Investor, Pension Investor, Downshifter Investor, Business Investor

Category:

Bronze

 

Population:

Total

British

310,000

1,000

Climate:

Hours of Sunshine Per Day in Summer

Days of Rain Per Year

January

July

Average

Water Temp.

10

35

8C

26C

21C

Proximity to:

Airport

Beach

Nearest City

17km

????

????

Restaurants and bars:

There are numerous lively discos and bars, a variety of folk taverns and restaurants. There are numerous restaurants that are cheap, good and offer friendly service in addition to English menus!

There are hundreds of places to go for a night out, you will notice that YYYY and XXXX have an Italian Style Cafe culture. Davidoff cafes are an institution there. Something you may not notice is the large numbers of live music venues that are usually tucked a way in basements.

Sports and leisure facilities:

Tennis courts, mini golf, horse riding, jet skis, paragliding, sailing and motor boats, windsurfing, yacht club, water-skiing, banana rides, cycling, bowling and diving

Transport:

Public Transport

Roads

Good links around the city and regular bus services to beach resorts. Cheap taxis available on the streets.

The roads offer good links to other cities throughout YYYY.

Crime rate:

Low, but be on guard for the usual pickpocket at a tourist destination.

Main types of employment

Mainly tourism and service. XXXX is one of the biggest science centres in YYYY and there are five institutions of higher education in XXXX. XXXX is also involved in busy shipping, shipbuilding and ship repairing activities.

Future plans:

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Yield range

7 – 10%

Type of property

Entry Price

Rent-

Peak

Rent-

Off Peak

Average Annual Yield

2 bed apartment

£11,000

£110

£70

9.8%

3 bed apartment

£20,000

£160

£140

9%

3 bed townhouse

£21,000

£180

£130

8.5%

Detached

£26,000

£220

£130

7.3%

Demand for letting

Peak

Off peak

Fairly High

Moderate

Finance and leisure scores:

Total (out of 10)

Financial (out of 5)

Leisure (out of 5)

6

3

3

 

Flights scheduled from:

London, Bradford, Manchester, Glasgow, Leeds

Typical cost of flights:

Peak

Off Peak

400GBP

169 – 200 GBP

Operators:

British Airways, Hemus Air, Malev Airways, Britannia, Thomson, YYYY Air, Balkan Holidays Air

Description:

Apart from being a beach resort, XXXX rivals the great cities of ???? and ????, in its offering of cultural attractions and historical buildings, museums and art galleries. It also provides access to some of the quieter scenic spots along the coast, including the nature reserve of ????

What I like about this area is the only way is up! You can enter the property market with a little bit more than a few grand, get okay yields and if it all goes belly up you then haven’t broke the bank. I expect that the capital gains will be spectacular as this area is being talked up a lot. Whether the gains are genuine or all hype is unsure. I would set yourself an exit target of doubling your money. That is to say if you buy something for £20,000 then sell at £40,000.If this doesn’t happen in 3 years then… SUBSCRIBE NOW to read on

Hot Website:

????

 

Estate Agents:

Name

Address

Tel

Web

 

 

SUBSCRIBE NOW to view complete details

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Letting Agents:

Name

Address

Tel

Web

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Can you guess where this hotspot is? Well, we've given you enough clues! There's no need to waste your time, so sign up today to recieve the full report on over 25 hotspots including this one!

 

Want to know where to the best cities, towns, resorts and countryside regions to invest in around the world?

 

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