It’s easy to see why Spain has become a favourite destination for foreign property investment.  The fantastic year-round climate, comparatively inexpensive cost of living and close proximity to the UK have all made Spain the ideal location for those looking to purchase property overseas.

The Dream Lifestyle

Legal foreign residents make up 2.8 million of Spain’s population, and tourism figures are ever-increasing (the current COVID blip notwithstanding).

Easily accessible from the UK, Spain has links to the majority of regional airports.  Also, you can get there in as little as two and a half hours.

Spanish property prices are still much lower than those back home.  This allows many people to afford the dream lifestyle of owning a holiday home or retiring early, who would not be able to afford such luxuries in the UK.

Flourishing Rental Market In Spain

Investing in a good property in Spain, in the right location, will give you substantial rental potential with excellent returns on your investment.

The right property could potentially be rented out for six months of the year to cover costs, with the accommodation available for your own use, free of charge, for the remainder of the year.

Get On The Property Ladder in Spain

Struggling to get your foot on the first rung of the property ladder in the UK?  Due to the relatively cheap property prices, there’s a recent trend amongst British under 30s to buy their first property in Spain.

It’s much easier to do than you’d think, as the path to buying Spanish property is well-trodden.  There’s lots of expert advice available, and as long as you use a decent, independent lawyer, it should all be fairly straightforward.

Right now, Spanish interest rates are low, and there will soon be a huge demand for rental accommodation following the imminent lifting of COVID restrictions.  All in all, that means that right now is the perfect time to make the intelligent decision to invest in Spanish property.

Off-Plan Investment in Spain

Buying off-plan means making the decision to purchase a property before building work has finished. Sometimes, this means that you will commit to buying before construction has even begun, but not always.  Whether it’s almost finished, or not started yet, it’s still technically known as an off-plan purchase.

Purchasing Early Means Lower Prices

As construction progresses, prices will steadily begin to rise.  Units sell much faster when buyers are able to view them.  It’s best to buy your property as soon as possible, during the earlier stages of development when prices are far lower.  Those people who make the decision to invest in a development early will always see the greatest return on that investment.

The first properties to be sold in any given development will always be the best units.  They offer the highest capital appreciation in the shortest time frame, and usually demand the highest rental incomes.  Penthouse apartments are a classic example of this.

Where To Buy Property In Spain

Arguably the best-known part of Spain amongst foreigners, the Costa del Sol has something for everyone.  A solid choice of location for property investment in Spain, it’s one of the most popular relocation spots in Europe, and the right property will give you a generous rental income.

The Costa del Sol has some of the best beaches in Spain, and has plenty of affordable property.  Many of our properties in the Costa del Sol are available off-plan right now.  The sooner you commit to a purchase, the greater the return on your investment will be.

Properties In The Costa del Sol

Benahavis

The community of Benahavis sits slightly inland from the Costa Del Sol coast, between the towns of Marbella and Estepona, and is one of the most sought-after locations for property investment in Spain.

Perfect for peace and quiet, the luxury properties in Benahavis are some of the most exclusive in the Costa del Sol.  Take a look at some of our properties located in Benahavis here.

If you’re quick, you’ll be able to buy them whilst they’re still off-plan, and at the lowest prices.

Estepona

Alternatively, between Marbella and Manilva lies one of the prettiest towns in Spain, Estepona.  Remaining true to its fishing village origins, you will fall in love with the white-washed houses, colourful geraniums and traditional Spanish seafront promenade.  Check out the beautiful properties located in Estepona here, most of which are available off-plan.

To talk to us about any of our properties in Spain, give us a call on 03333 034 767 or send us a message.

The post Property Investment In Spain appeared first on Lujo Investments Worldwide.

Although geographically in Asia, and surrounded by many Middle Eastern countries, Cyprus is politically a European country and a member of the European Union.

Acquiring property in Cyprus, either as an investment or as a second home, has always been a popular choice among foreign investors.

Cyprus Investment Incentives

To lift Cyprus from the economic decline it experienced prior to 2015, Cyprus’s government had to revitalise the nation’s general investment appeal. These investment schemes worked, and have made Cyprus one of the best places to invest in property in Europe.

Just a few of the government incentives to invest in property in Cyprus include:

• One of the lowest corporate taxes in the EU at just 12.5%
• Reduced residential and commercial property tax rates (VAT)
• Residential property only attracts a 5% VAT tax on the first 200 square meters of the primary permanent residence property.
• No inheritance or succession taxes
• Very attractive personal tax regime for international professionals and individuals not resident in Cyprus.
• Tax deductions to encourage investment into Cypriot startups.

These tax incentives, and far more besides, have contributed to establish Cyprus as a cosmopolitan business centre with many investment opportunities across a wide variety of sectors.

Where To Buy Property In Cyprus

Limassol and Paphos are two of the most popular places to invest in property in Cyprus.

Many Brits who emigrate to Cyprus choose the active and cosmopolitan city of Limassol, and it’s easy to see why.  The selection of international schools, along with many companies basing their offices there makes it a popular choice.

If you’re thinking of buying a property in Cyprus to rent out to tenants, Limassol is a great location, as rental properties are high in demand and short in supply.

Nearby Paphos has the second largest airport in Cyprus, and it’s generally considered to be cheaper to live there than in Limassol.  However, many people work in Limassol, and therefore often choose to commute from Paphos.

Properties In Limassol And Paphos

If you’re after a more laid back environment, or a private house, then Paphos is likely to be more to your taste.  If you’d rather invest in flats in a bustling city, you’ll find what you’re looking for in Limassol.

Take a look at some of our other properties in Cyprus here.  To talk to us about any of our properties, give us a call on 03333 034 767 or send us a message.

The post Cyprus Property Investment Opportunities appeared first on Lujo Investments Worldwide.

Now is the perfect time to invest in the state of fun and sun.

Retirees and investors alike have always favoured Florida, thanks to its low unemployment rate, growing population, and strong economy.

Investment Opportunities Await You in Florida

Topping the list for great investment opportunities is none other than Orlando; one of the most ideal places to invest in the property market.

The great popularity of Orlando is down to many reasons. Its location on the Sun Belt Region of America ensures it enjoys a wonderful climate.

Orlando also serves as the home to some of the world-famous amusement parks including Disney World, Sea World and Universal Studios.

For golf enthusiasts, there are dozens of stunning golf courses.

In addition, art-lovers can enjoy the Orlando Museum of Art and the Mennello Museum of American Art.

Tampa, one of Florida’s most dynamic cities, also offers investors lots of opportunities and choices. Its booming local economy, job development and growth make it a worthwhile place for investment.

Kissimmee, Orlando’s smaller neighbour to the south, also proves to be among the best areas to buy Floridian investment properties.

The location is an easy and short commute from Orlando and all its attractions, which means that Kissimmee is an extremely popular choice for families.

As more people flock to Jacksonville, it does not come as a surprise that it is also among the best cities for investments in Florida.

The region boasts a growing bioscience community.  Jacksonville has also been ranked third in the list of best US cities for jobs, which makes it a particularly good prospect for investors.

Exciting Activities to Do in the Entertainment Capital of the World

There is simply no shortage of things to do and try in Florida.

With its more than 240 days of sunshine per year, the residents of the state get to spend most of their time outside, trying everything from cultural experiences to water sports.

Some of the most popular water activities in the state include swimming, scuba diving, boating, fishing, and paddle boarding.

There are also several water sports centres offering water-skiing or jet skiing, or for a bigger adventure, there is the thrill of parasailing or sky diving.

There is so much more to offer than just being the world’s entertainment capital and the State’s number one tourist destination.

Indeed, the sunshine state of Florida offers a bright and fun future for everyone!

The post Florida – Here We Come appeared first on Lujo Investments Worldwide.

With the stark differences between the regions of the UK, choosing the best investment has become even more challenging than ever before.

For the longest time, higher overall returns were seen in investments in the South-East and London areas.

However, prices have become stagnant recently as more and more  buyers are being priced out of the market, while investors are struggling to find good yields.

Today, more and more investors look for fantastic property opportunities in the north of England that now enjoys the highest yields in the UK,

with house prices expected to grow even bigger in the near future.

However, where exactly can you find such exciting investment opportunities in the North?

Birmingham

With a regional economy worth £90 billion and a metropolitan population of 4.5 million,

Birmingham has enjoyed significant benefits from the latest infrastructural investments.

HS2’s latest development will cut down travel times from London to only 50 minutes, signalling a higher demand for Birmingham properties.

The chronic limitation of rental accommodation is further increasing property prices.

Birmingham Archives – Lujo Investments Worldwide

Liverpool

Liverpool is changing from a port city into a fantastic cosmopolitan city.

The city is currently enjoying significant benefits thanks to the public investment and large-scale job creation that make it the fastest growing economy in the UK.

The £5 billion-worth scheme of Liverpool Waters is one of these regeneration projects.

It is a brownfield site of 60-hectares to be developed into five brand new neighbourhoods.

There are some great opportunities to invest here and earn a net yield of up to 8%.

Liverpool Archives – Lujo Investments Worldwide

Manchester

Dubbed as the North’s unofficial capital, Manchester is now the fastest growing city in the United Kingdom outside of London.

The city currently has the highest yields in terms of rent per square foot –  almost double that being offered in London.

Manchester homes have an average price of £152,000, making it relatively cheaper to purchase here than the average price of a home in London and the south east

which currently costs around £500,000.

In addition, Manchester also boasts a sizable rental market.

The latest regeneration projects in this city have also led to a significant increase in property demand and these include the digital Northern Quarter and the Salford Quays complex.

Manchester Archives – Lujo Investments Worldwide

Sheffield

As one of the UK’s greenest cities, Sheffield is home to over 2 million trees and has more than 80 parks.

This makes it one of the most interesting places for investment in the North.

This is also where you can find two of the biggest universities in the UK.

However, most of these students don’t have access to the accommodation provided by these universities.

The current numbers are expected to increase further as the population of international students are expected to grow up to 15% to 20% in the coming five years or so.

It is easy to see that the North is poised for some significant growth in the near future, so don’t miss out on these exciting opportunities!

Sheffield Archives – Lujo Investments Worldwide

The post Fantastic Property Opportunities in the North of England appeared first on Lujo Investments Worldwide.

One of the reasons for this is the need for more space as, due to the Covid-19 pandemic, many more of us are having to work from home for the foreseeable future.  

As a result, there is high demand for these type of investments as companies and workers move out of capital cities.

Office blocks are now being converted into luxury apartments blocks.

Investing in property is still one of the best long-term investments, with guaranteed returns of 7%-8% net for anything up to 10 years on a “hands free” basis.  

It has always been acknowledged that there is a “North/South Divide”. 

However, this has never been more apparent than when it comes to getting the most value for money where property is concerned.

The North has always had the upper hand.  The reason for this is simple – it costs a lot less to buy any type of property in the North of England and, i

t goes without saying, this means that there are better opportunities to enjoy a great rental return on your investments.

For example:

The North of England

Bishopgate Gardens, Preston – Lujo Investments Worldwide

Preston, Lancashire

A two-bedroomed luxury apartment in Preston costing £170,000 to buy will give you a guaranteed rental return of at least 7% per annum. 

This equates to £991.00* per calendar month.

The Gas Works – York – Lujo Investments Worldwide

York, Yorkshire

A two-bedroomed luxury apartment in York costing £370,000 to buy will give you a guaranteed rental return of at least 7% per annum. 

This equates to £2,158.00* per calendar month.

*Both of these returns are paid net.

The South of England

St Barnabas, Finchley, London – Lujo Investments Worldwide

A two-bedroomed luxury apartment in Finchley, North London costing £750,000 to buy, will give you a rental return of £4,500 per calendar month paid gross.

It is easy, therefore, to see the fantastic advantages of buying an investment property in the North of England and the returns it will bring.

Added to this, in particular both Preston and York have great train services into London in as little as 2 ½ hours. 

Now may be the absolute best time to invest in the North of England.

For more information : call now on (+44) 033 3303 4767, or email sales@lujoinvestments.com; alternatively click here to complete a contact form and we will get back to you. 

The post The North / South Divide in the Property Investment Market appeared first on Lujo Investments Worldwide.