Investment opportunities abroad are particularly alluring due to the property prices typically being much lower than here in the UK.  Also, countries such as Spain, France, Cyprus and Turkey offer coveted culture, cuisine and climate.

Better Yields From Overseas Property

If you’ve researched your market thoroughly and chosen your property wisely, you should be able to secure a good income from overseas property investment.  Eager holidaymakers will always be willing to pay good money to rent out the right property in the right location.

Property Investment in Emerging Markets

Tax advantages and capital growth opportunities can be found in several emerging markets.

Whilst holiday home rental markets in the UK can be profitable, it’s much easier to build capital gains by investing in a country with an up-and-coming economy.

Because of this, you should not only look at the usual places for overseas investment.  Also bear in mind countries that will soon be boasting improvements to their infrastructure and facilities, for an even bigger return on your investment.

Expert Overseas Property Investment Solutions

With good professional guidance, careful research and preparation, you stand the best chance of making a success of your overseas property purchase.

It’s important to be aware that every country will have different legalities, costs and procedures when it comes to buying property.  You should start by familiarising yourself with these before looking at properties.

We also strongly recommend that you enlist the help of a local lawyer and translator.  They’ll be able to help you through the paperwork and ensure that everything goes smoothly.

Overseas Investment Properties Available Now

As leading UK and overseas property investment specialists, Lujo Investments Worldwide offer suggestions and support to our clients, helping them to achieve their investment objectives.

Take a look at just some of our many overseas investment opportunities below.

Oasis 325, La Resina Golf, Estepona

Enjoy the Mediterranean lifestyle by investing in Oasis 325 in Estepona.

The 127 exclusive homes are all south facing with large terraces, ensuring optimal use of sunlight. Choose from two or three-bedroom homes, all of which have a garage and storage room included.

Diamond Apartments, Turkey

Property buyers in Bodrum will have everything on their doorstep, from shopping facilities to nightlife.

Diamond Apartments are located beside a boutique marketplace which includes a supermarket.  The apartments themselves house a spa, fitness centre, and three swimming pools.

Villa Angelo, Benalmádena Alto

This beautiful villa in Benalmádena Alto offers a perfect location.  It’s close to Malaga and its airport, as well as the relaxed lifestyle of Benalmádena port.

There are three bedrooms, and the villa is southeast facing with picturesque sea views.

Pegeia Golden View Villas, Paphos

Pegeia Golden View Villas is a stunning residential development comprising 19 villas, situated in the central area of Pegeia, Paphos.

The three-bedroom villas feature a contemporary design, and each has its own private swimming pool.  The roof terraces all have amazing views of the sea.

If you are seeking to buy or sell overseas property, contact our investment team today to discuss how Lujo Investments Worldwide can help you.

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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.

However, knowing where to start in property investment can seem quite daunting when you’re a complete beginner.

We’ve published this easy to follow guide, which will explain everything you need to know when buying your first buy-to-let property.

Property Investment For Beginners: Where To Start

Property is generally considered to be one of the safest investment options you can make.  It’s a great way to build a new or additional income and to ‘put something away’ for future generations.

Having said that, it’s important to note that no investment comes without a degree of risk.  Here are some things to take into account, to ensure that you start off on the right foot with property investment.

How You’ll Finance Your Property Investment

Obviously, the first thing to consider is how you’re going to finance your purchase.

For a buy-to-let mortgage, you’re going to need a good deposit.  The majority of buy-to-let mortgages require that you put down at least 25 percent as a deposit.  So if you want to buy a £100,000 property, you’d need a deposit of £25,000.

On top of the purchase price, here are the things you’ll need to factor into your budget:

• Solicitor’s fees
• Survey costs
• Insurance costs
• Stamp duty – note that you will pay an additional 2% surcharge on top of regular stamp duty rates for a buy-to-let property

In April 2021, the pre-COVID stamp duty rates will come back into effect.  This will mean that you’ll pay stamp duty on anything over £125,000.  Obviously, that means that the ideal time to buy is right now, if you can.

Which Property Should I Buy?

There are several things to consider when deciding which property you should invest in.  One of the most important decisions you will make is the location.

You’ll need to think about:

• Property prices in the area
• Average rents in the vicinity
• Any investment or regeneration that is planned locally
• Employment and transport links
• Who are your target tenants?

Where Can I Invest In Property In 2021?

We have many investment opportunities available across the UK.  In particular, with a population of over 550,000 we recommend Manchester.  Manchester homes currently have an average price of £152,000.  This makes it much cheaper to buy a property here than in London.

Property Investment In Manchester

Investing in a buy-to-let property in Manchester is a great plan, as there is a increasing demand for quality rental properties to house the city’s many workers, students and graduates.

With several train and tram stations, along with the M62, M61, M56 and M60 motorways, not to mention a major airport, it’s seriously well connected.

Thriving business, a buzzing social scene and world-class leisure facilities provide a fantastic lifestyle for young professionals and young families.

For any further advice on investing in property, or to talk to us about any of our properties, give us a call on 03333 034 767 or send us a message today.

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