Studio Flats London

London and Monaco are Europeâ??s most expensive cities for residential property buyers. Prices in the Baltics have risen to the same level as capitals such as Copenhagen, Berlin, Munich, Stockholm, Vienna, and Frankfurt.

High rewards await property investors in some parts of Europe, according to the Global Property Guide, a residential real estate research organization (www.globalpropertyguide.com). Rental yields for apartments in several Eastern European capitals are above 10%.

Rental apartments in Moldovaâ??s capital city Chisinau can be expected to yield annual rental returns of around 14.13%; in Polandâ??s capital Warsaw, 13.28%; in Bulgariaâ??s capital Sofia, 10.56%; and in Slovakiaâ??s capital Bratislava, 10.06%. The higher risks of Eastern Europe may be a factor in these returns (corruption, political instability, etc).

But risks are not the only factor. The Global Property Guide believes that the relatively recent arrival of the market economy, high interest rates, and relatively undeveloped mortgage markets, largely explain the low prices in the east. To illustrate, it would surely be hard to label the historic city of Bratislava, Slovakia, as a high-risk location, yet the rental income returns are excellent.

Western Europe generally suffers from another, different disadvantage: High taxation. There are high rental income returns to be earned in Amsterdam and Paris (8.25% in both), in Munich (7.80%) and Brussels (7.53%). But all four cities are high tax environments (but so too is Poland).

Property in Prime Central London returns surprisingly high rental yields, at 7.13%. Note that this â??Primeâ? category encompasses relatively a narrow group of super-luxury apartments in absolutely prime areas (Belgravia, Chelsea, and Knightsbridge). The high returns in these select super-central locations contrast with the significantly lower rental yields (5.79%) available in Central Londonâ??s other luxury areas (Kensington, Bayswater, Notting Hill Gate, St Johns Wood, Highgate, Islington, Highbury, and Primrose Hill). Europeâ??s most expensive cities

The tiny principality of Monaco is the most expensive location to buy an apartment in Europe at around â?¬24,900 per square metre (sq. m.).

Closely on its tail is Prime Central London, where 120 sq. m. super-luxury apartments can cost £1,170,000 (â?¬1,742,656) or £9,750 (â?¬14,522) per sq. m. Apartments of 120 sq. m. in other luxury areas of Central London are likely to cost £580,000 or £4,833 per sq. m. (â?¬863,880 or â?¬7,199). The large difference is explained by Londonâ??s highly segmented top-end market, with super-luxury apartments in absolutely prime areas commanding considerable premiums.

Paris and Amsterdam follow London. A 120 sq. m. apartment in either of these cities has an average purchase price of â?¬800,000 (â?¬6,667 per sq. m.).

Moscow is Europeâ??s sixth most expensive capital for buyers of residential property. And though apartments in Moscow can be rather rewarding for buyers in terms of rental income returns, investors should be aware of the high risks (purchases are cash-based, and the authorities can suddenly turn hostile).

Dublin makes an appearance among Europeâ??s most expensive cities in 10th place, with a high end 120 sq. m. apartment on average costing around â?¬600,000.

The Baltics, till recently Europeâ??s hottest residential investment destination, are now expensive. A high-end apartment in Central Vilnius, Lithuania will cost on average around â?¬3,792 per sq. m (â?¬455,000 for 120 sq. m.).

Latvia follows closely with high-end apartments in Central Riga costing an average of â?¬3,020 pr sq. m. Rental yields in the Baltics have also dropped to very low levels.

There are still some very inexpensive capitals in Europe. Berlin, in particular (â?¬3,167 per sq. m.), is now experiencing inflows of foreign money in response to its relatively low prices.

Even less expensive are:

Slovakiaâ??s Bratislava (â?¬1,292 per sq. m.)

Polandâ??s Warsaw (â?¬1,175 per sq. m.)

Macedoniaâ??s Skopje (â?¬1,125 per sq. m.)

Moldovaâ??s Chisinau (â?¬917 per sq. m.) Rental returns cannot fall forever

As 2007 dawns, rental returns are lower in most locations than they have been for 20 or more years.

Nowhere in Europe are rents keeping pace with the continued strong rise in property prices. Residential real estate prices are at historical peaks in almost all countries in Europe, except Germany and Switzerland.

This is cause for concern. At the Global Property Guide, we informally consider a danger signal to be rental returns of around 4% or below.

Several European capitals offer rental income yields around or below this 4% level. In example is Madrid, where rental returns are now at only 3.15%. Rental yields in Monaco are the lowest in Europe at around 2.43%. See tables at:http://globalpropertyguide.com//articleread.php?article_id=82&cid=

London and Monaco are Europeâ??s most expensive cities for residential property buyers. Prices in the Baltics have risen to the same level as capitals such as Copenhagen, Berlin, Munich, Stockholm, Vienna, and Frankfurt.

High rewards await property investors in some parts of Europe, according to the Global Property Guide, a residential real estate research organization (www.globalpropertyguide.com). Rental yields for apartments in several Eastern European capitals are above 10%.

Rental apartments in Moldovaâ??s capital city Chisinau can be expected to yield annual rental returns of around 14.13%; in Polandâ??s capital Warsaw, 13.28%; in Bulgariaâ??s capital Sofia, 10.56%; and in Slovakiaâ??s capital Bratislava, 10.06%. The higher risks of Eastern Europe may be a factor in these returns (corruption, political instability, etc).

But risks are not the only factor. The Global Property Guide believes that the relatively recent arrival of the market economy, high interest rates, and relatively undeveloped mortgage markets, largely explain the low prices in the east. To illustrate, it would surely be hard to label the historic city of Bratislava, Slovakia, as a high-risk location, yet the rental income returns are excellent.

Western Europe generally suffers from another, different disadvantage: High taxation. There are high rental income returns to be earned in Amsterdam and Paris (8.25% in both), in Munich (7.80%) and Brussels (7.53%). But all four cities are high tax environments (but so too is Poland).

Property in Prime Central London returns surprisingly high rental yields, at 7.13%. Note that this â??Primeâ? category encompasses relatively a narrow group of super-luxury apartments in absolutely prime areas (Belgravia, Chelsea, and Knightsbridge). The high returns in these select super-central locations contrast with the significantly lower rental yields (5.79%) available in Central Londonâ??s other luxury areas (Kensington, Bayswater, Notting Hill Gate, St Johns Wood, Highgate, Islington, Highbury, and Primrose Hill). Europeâ??s most expensive cities

The tiny principality of Monaco is the most expensive location to buy an apartment in Europe at around â?¬24,900 per square metre (sq. m.).

Closely on its tail is Prime Central London, where 120 sq. m. super-luxury apartments can cost £1,170,000 (â?¬1,742,656) or £9,750 (â?¬14,522) per sq. m. Apartments of 120 sq. m. in other luxury areas of Central London are likely to cost £580,000 or £4,833 per sq. m. (â?¬863,880 or â?¬7,199). The large difference is explained by Londonâ??s highly segmented top-end market, with super-luxury apartments in absolutely prime areas commanding considerable premiums.

Paris and Amsterdam follow London. A 120 sq. m. apartment in either of these cities has an average purchase price of â?¬800,000 (â?¬6,667 per sq. m.).

Moscow is Europeâ??s sixth most expensive capital for buyers of residential property. And though apartments in Moscow can be rather rewarding for buyers in terms of rental income returns, investors should be aware of the high risks (purchases are cash-based, and the authorities can suddenly turn hostile).

Dublin makes an appearance among Europeâ??s most expensive cities in 10th place, with a high end 120 sq. m. apartment on average costing around â?¬600,000.

The Baltics, till recently Europeâ??s hottest residential investment destination, are now expensive. A high-end apartment in Central Vilnius, Lithuania will cost on average around â?¬3,792 per sq. m (â?¬455,000 for 120 sq. m.).

Latvia follows closely with high-end apartments in Central Riga costing an average of â?¬3,020 pr sq. m. Rental yields in the Baltics have also dropped to very low levels.

There are still some very inexpensive capitals in Europe. Berlin, in particular (â?¬3,167 per sq. m.), is now experiencing inflows of foreign money in response to its relatively low prices.

Even less expensive are:

Slovakiaâ??s Bratislava (â?¬1,292 per sq. m.)

Polandâ??s Warsaw (â?¬1,175 per sq. m.)

Macedoniaâ??s Skopje (â?¬1,125 per sq. m.)

Moldovaâ??s Chisinau (â?¬917 per sq. m.) Rental returns cannot fall forever

As 2007 dawns, rental returns are lower in most locations than they have been for 20 or more years.

Nowhere in Europe are rents keeping pace with the continued strong rise in property prices. Residential real estate prices are at historical peaks in almost all countries in Europe, except Germany and Switzerland.

This is cause for concern. At the Global Property Guide, we informally consider a danger signal to be rental returns of around 4% or below.

Several European capitals offer rental income yields around or below this 4% level. In example is Madrid, where rental returns are now at only 3.15%. Rental yields in Monaco are the lowest in Europe at around 2.43%. See tables at:http://globalpropertyguide.com//articleread.php?article_id=82&cid=

In the end of 2005, the employees of Moscow’s real estate agency Penny Lane Realty encountered the unexpected problem. Daily people called company with the question : “I want to purchase an apartment and immediately rent it out to clients, who I can talk to?” The answer was not easy, because sales and rent in Penny Lane Realty are responsibilities of two different departments. As a result for people involved in this type of situation company gave out a special phone number, which did not stop ringing the entire following year. Penny Lane Realty employees they were very proud of the way they resolved this problem, but suddenly bells ceased.

Number of people who desired to become private investors in real estate nowadays are very limited, and many of those, who were involved in this business past years, are now parting with the last properties they own, because the apartments in Moscow for rent are no longer bringing huge and stunning income gains in tens of percent annually as it used to before. Last week for the first time investments into real estate yielded in the plan of profitableness to long-term deposits into the banks.

Real estate market huslers depart, prices of real estate in Moscow are reducing – even if it just a little, but for a few months in a row. It seemed this was the desired results for Russian government, that this was what most of the Russian middle class wanted, which in had no way to allow themselves to purchase new apartments, after the last year’s jump of prices. But real estate experts are calm – in their unanimous opinion, the only consequence of present “stagnation” will be the clearer price separation of the apartments in Moscow into the elite and of the economy-class. The latter will fall in price, but not too much. There was no bubble, therefore, it won’t burst. It turns out, “valid” price on the real estate, which is not influenced by the investors, who purchase entire houses, but only by demands of future tenants and the proposal of builders – is not too differed from “invalid”, black market price. As one of the salesmen of real estate cynically noted, “Moscow still lags on the average price of the apartments behind New York or London”. Principally situation will change only, if many new houses appear on the market – but there are no prerequisites for this.

For more info please visit my website at www.eng.realtor.ru

Dubai… A great place to live and property investment!

The Dubai Properties and Real Estate Blog is a resource center for international property investors. Being the commercial hub of the Arab world, Dubai saw property boom since 2002 when the government had permitted foreigners to invest in Dubai properties in order to boost Dubai and as well as the whole UAE real estate market.. For a few years now, some have been saying that the Dubai property bubble was about to burst and that a property crash was just around the corner. Yet, prices kept increasing and such doom mongering proved unfounded. The Dubai property market is unique in many ways, and as such doesn’t follow the general rules of other property markets around the globe and other Middle East property markets. The current rate of return on UAE property investments is in the region of 10 – 15 percent per annum, with this rate expected to continue for the foreseeable future, and rental yields in excess of 10% are further evidence of strength in the property market. The growth in the tourism industry of Dubai has been phenomenal with the 3.4 million visitors in 2001 expected to rise to over 6 million in 2010 – from a standing start the area is becoming a magnet for overseas visitors. Many of Dubai’s property developments set out to emulate the most prestigious residential addresses in the world. However, the less glamorous middle-income gulf or Middle East real estate market is increasingly drawing the attention of savvy investors. Dubai Properties is one of the biggest and has said it will deliver 5,000 units to the freehold market in 2008 which is not nearly enough to meet surging demand. Abu Dhabi property market will not deliver a single new real estate unit this year, and deliveries will only start late in 2009, and that creates additional demand in Dubai.

The Mediterranean island of Malta has recorded the strongest growth in property prices from countries in the European Union, and recent news could help see property inflation in double figures for the next few years. Malta is not only a tax efficient location with beautiful costal properties for sale or rental, but its warm climate, beautiful sea and days full of sun will help you relax and retire in a friendly and safe environment for Mediterranean property investment. Sustained property inflation at levels seen in Malta are rarely seen in other countries, but new economic activity on the island could see property demand at good levels for some years to come. The introduction of low cost flights to Malta from the UK will open up the possibility of more international real estate investors looking at the island for holiday homes that could be used for long weekends, and the Malta hotels industry could reap the benefits of the 3 and 4-day tourist seeing the island as a viable place to visit. After some years of wondering how Malta property market would fit into the modern world, property agents, hotel owners and the Malta holidays industry are beginning to see the future with some optimism.

Due to the gains in housing equity in the past 20 years, more people have been seeking to invest in housing, rather than other forms of investment. In the UK there has been a rise in the number of private buy to let investors. Similar to an increase in the buy to let sector, there has also been an increase in demand for houses from oversees property buyers. This has had a significant effect in boosting real estate demand, especially in London. In terms of land mass the UK is an incredibly small country yet it attracts amongst the highest levels of immigration in the world. the supply of property is always restricted in the UK and that exaggerates price swings and ensures a recovery. Those more patient buyers from Arabia will find themselves well rewarded.