Is Now A Good Time To Invest In Spanish Property?

Is Now A Good Time To Invest In Spanish Property?

According to the latest statistics September’s fall in Spanish property prices was similar to the one seen in August (Source: IMIE General Index). QB Group.eu highlight that this represents a fall of 32.9% since December 2007.

However despite this latest gloomy news, Don Stevens, Managing Director of
QB GROUP.eu commented, “I would like to allay some of those fears about investing in Spanish property and say that now is quite possibly the best time to take a leap and invest, while others who are less brave are just happy to watch from the sidelines.

Now this is not to say that I am expecting a sudden increase in Spanish property prices and a reversal of the destructive declines in value we have seen since 2007. It just isn’t going to happen in the short term.

In the long term however, investing at today’s prices means that investors are likely to see the value of their investment grow when the market recovers and they can also benefit from 100% finance and other incentives put forward by developers to tempt buyers.”

According to QB Group.eu , if investors are considering Spain at the moment, they might be wondering if this market has further to fall. There are of course no guarantees that there will not be further falls through the autumn and winter months, however as soon as the oversupply of property has been absorbed it is a safe bet that stability will return.

Ratings agency Standard and Poors have just dealt Spain another heavy blow by downgrading its bonds by another two notches to BBB- which is just above a junk-debt ratings.

Stevens added, “The property market in Spain is literally on its knees. Sellers are willing to accept the cheeky offers they would not have even considered back in the boom years. This is the case even in popular resorts like Marbella where developers are offering properties at 70% below launch prices with 100% finance.

This makes Spanish property less of a risk than it has ever been. Investors can use very little of their own money and benefit from falling prices and the falling Euro. Even if the Euro plummets or the worst happens and Spain leaves the Euro, (and this is unlikely) the value of mortgage debt will also be reduced.

Overseas mortgage specialist, Conti saw a 33% rise in enquiries from people looking to invest in a home abroad in September, with Spain still featuring in the list of hot spots. According to
QB Group.eu, this goes some way to confirming that there are plenty of people who are still willing to take a leap and risk investing in Spanish property.

Notes to the editor:

QB Group.eu is a leading property investment company that specialises in finding positive cash flow investment properties worldwide. Their aim is to provide their clients with properties that offer the unique combination of strong growth returns and cash flow positive income.

Investing in positive cash flow property significantly reduces the risk because the property will pay for itself regardless of market conditions, employment status or other financial commitments.

QB Group.eu provides complete support before, during and after a sale, including finding tenants, financial assistance, viewing trips and currency services. Colordarcy are proud members of the ‘Association of International Property Professionals’ (AIPP), and abide by its code of conduct, one established to protect the buyer, by ensuring members follow professional guidelines and procedures.

QB Group.eu (QBinvest.co.uk) investment property portfolio includes some of the best properties for sale in Brazil, Florida, Turkey and the United Kingdom.

For more information, supporting pictures or logo artwork, please contact:

Brett Williams
PR Manager
Tel: +44 (0) 8454 636 856
Email: info@qbinvest.co.uk
Web: http://www.qbinvest.co.uk/

Property Hotspots: Cashing In On Festival and Event Rentals

Our series on finding property hotspots has explored a variety of different ways in which an area can become ‘hot’ and a key attractor of tenants, such as being located near major transport links, large employers or universities. Here’s a new idea to consider – the benefits of cashing in on owning property near festival or event sites.

Many people think of the festival season as kicking off in the summer, when large popular music festivals, such as Glastonbury or Reading, take place. But there are actually a large number of festivals and annual events taking place throughout the calendar year, spanning interests such as literature, music, art, gardening, racing and sailing, in many areas of the UK. Think Cheltenham Festival, Edinburgh International Festival, Goodwood, Chelsea Flower Show, Wimbledon, The Proms, Isle of Wight Festival or Henley Regatta.

Accommodation near each of the venues, especially the large events, is often in demand in the run-up to the events, when organisers are setting up, to during the festivals, when stall holders, attendees and the media are at the events and need somewhere to stay for short or long periods of time. With many of the events only running for a short period, it may seem unlikely that you can make much money from renting property, but actually there are benefits to be had.

In prime locations, the cost of renting a property for a week is substantial. A week of a house rental to coincide with a major music festival can command prices of £5,000, £6,000 or more, depending on the size and exact location. The closer to the venues, the better, but even those close to good direct transport links can be valuable too.

If you have holiday investment rental properties and are located near a festival then you may already be cashing in on the benefits of your location. For those looking to invest in new properties, areas around such events are well worth considering, if the figures add up for you.
To discover whether any of your properties could be festival hotspots, or areas which you could consider buying in, here are some useful links to explore:

Puerto Rico Home Rentals

Puerto Rico Home Rentals

There are many great reasons to consider Puerto Rico home rentals, from the beautiful exotic location, to the amazing prices, it is a tropical paradise like no other. If you have been thinking of moving to Puerto Rico, you probably already know how difficult it can be to purchase a home there, while living in another country. House rental in Puerto Rico allows you to move to your dream location quickly, without the complicated process of trying to find the perfect house to purchase.


While it may take many trips back and forth to Puerto Rico to find and purchase a house, it is entirely possible to find a great house to rent within a single weekend trip. This drastically cuts back on both the costs and the time involved in the moving process. That means you could literally be living in your new tropical dream home in as little as a few weeks!


In addition to being easier to move into, Puerto Rico home rentals offer all of the fabulous benefits of an island retreat, right in your own home. The lush and exotic landscape brings the magic of the tropics right to your front door. In addition, many house rentals in Puerto Rico offer immaculate architecture in a wide range of styles, such as Spanish colonial, neo-classical, and baroque. In fact, Puerto Rico is known for having some of the most impressive and interesting architecture in all of the Caribbean.


There are many rent to own properties as well, which means that your house rental in Puerto Rico could actually be a great long-term investment. This is also a great option if you do not have the good credit you need to purchase a house. By renting to own, you can rebuild your credit, while putting money down on the actual house you want to buy.


Renting can definitely be a great option, however living in an apartment complex is not ideal for many people. House rental in Puerto Rico gives you a chance to rent or lease, while still living in a house of your own, offering the privacy and space that many people desire. One of the best parts, is that the property manager will still take care of all the maintenance responsibilities, so you can rest easy while someone else takes care of the property!


If you are interested in living in Puerto Rico, but you do not have the best credit, or you simply cannot afford the lengthy home buying process, you should seriously consider Puerto Rico home rentals. You get all of the benefits of having your own home, without a lot of the troubles associated with buying a house. And just think, you could be living in your new tropical paradise in just a few weeks!

Land For Sale In Puerto Rico

Land For Sale In Puerto Rico

Nearly everyone has fantasized about living in a beautiful tropical location at least once in their lives, but most people don't realize it is actually possible. In general, tropical destinations are over populated and over priced, not to mention buying property abroad can be risky business. Puerto Rico offers all the luxurious benefits with none of the shortcomings: land for sale in Puerto Rico is far more reasonable than other exotic islands, plus you are protected by strict real estate transaction laws to keep your money safe. Buy land for sale in Puerto Rico also gives you a lot more options – you could build a home to live in, a commercial property to earn you money, or even just have a wonderful place to go camping on vacation.


The real estate industry is booming, yet prices are still very affordable. There are many different types of land for sale in Puerto Rico, from beaches to mountains, lakes to rain forests – it has home to many exotic plants and wildlife. With average temperatures around 82 degrees Fahrenheit, and very little variance from one season to the next, it is a very comfortable place to live.


One of the most important things to consider when purchasing any property, is resale value. Right now, the prices on land for sale in Puerto Rico are very low, yet the economy is now booming and rising quickly. This means you have the chance to purchase tropical lush property for far less than it is worth, making it an amazing investment opportunity. And you can rest easy knowing your money is safe, since Puerto Rico is an unincorporated territory of the United States, and has similarly strict real estate transaction laws and property rights.


Since English is taught as a second language in public school in Puerto Rico, is is much easier to communicate with a real estate broker than it would be in other parts of the world. This is a huge advantage to buying land for sale in Puerto Rico – real estate transactions can be quite complicated, and having a communication barrier could make it nearly impossible. Because of this, it may be wise to meet with a few brokers to see which one you will be able to speak with the easiest.


All in all, purchasing land for sale in Puerto Rico can be an amazing opportunity. For anyone looking for a new place to call home, somewhere to start a new business or some lucrative real estate to invest in, Puerto Rico is full of incredible possibilities. Right now is the perfect time to invest in one of the greatest locations available on the planet, and anyone in real estate will tell you, location is everything!

Puerto Rico Commercial Real Estate

Puerto Rico Commercial Real Estate

Tourism is a multi-billion dollar industry, with a large majority of that money going to the tropical locations of the world. This is an amazing opportunity for anyone looking to start a new business or purchase an existing profitable business. However, since most tropical locations have limited real estate transaction laws and property rights, it can be a risky endeavor. That is one of the many great reasons to consider Puerto Rico commercial real estate – it is an unincorporated U.S. Territory, so your transactions and property will be completely protected by very strict laws. This means you get all the benefits of a tropical tourist location, without many of the financial risks!


There are many different types of Puerto Rico commercial real estate available, from office buildings and restaurants to resorts and amusements. This means that you have your choice of many different lucrative investment opportunities, so you can find one that not only has a lot of profit potential, but is actually of personal interest to you. Right now, property prices are very low, yet the economy is steadily rising, which makes this the perfect time to buy property in Puerto Rico. You can get in now while the price is still low, and cash in on the millions of tourists visiting the island every year.


Before you start looking for Puerto Rico commercial real estate opportunities, you need to ask yourself a few things: What is your budget? What type of business do you want to run? How soon would you like to begin? Do you want to start your own business or buy one that's already profitable? When you are able to answer all of these questions, you are ready to speak with a qualified local real estate broker in Puerto Rico. Having a good idea about what you are looking for will help them find the perfect commercial property for you.


While the tourism industry brings in roughly two billion dollars a year in Puerto Rico, it is by no means the only profitable sector. In recent years, the petrochemical, pharmaceuticals, and technology industries have been growing at a dramatic rate, and have helped Puerto Rico become classified as a “High Income Country” by the World Bank. This means there is a lot more money being spent regularly by locals than in most other tropical tourist locations. In addition, many industries receive generous tax incentives from the United States, making business even more profitable.


If you are looking to start a profitable business in a beautiful tropical location while still being protected by strict real estate transaction laws, then you should really look into Puerto Rico commercial real estate. With a booming tourism industry, a profitable technology sector and incredible property prices, it is truly an island of opportunity.

Homes For Sale In Puerto Rico

Homes For Sale In Puerto Rico

Are you looking for a big change in your life? Are you sick and tired of being surrounded by a concrete jungle, cars and smog? Are you sick of paying tons of money every month to live in a small apartment or house? Perhaps it is time for you to look at some homes for sale in Puerto Rico - the Island of Enchantment is a beautiful and peaceful place to call home.


Since Puerto Rico is an unincorporated territory of the United States, American citizens are allowed to travel there without obtaining a passport or visa. In addition, English is taught as a second language in public schools, so most citizens of Puerto Rico are able to speak English quite well. However, when making important business decisions, such as buying homes for sale in Puerto Rico, you should make sure you use a local real-estate broker who is very fluent in English to avoid any miscommunication.


There are many different types of homes for sale in Puerto Rico, from small efficient one bedroom homes all the way up to massive multi-million dollar luxury mansions overlooking the ocean. Due to the tropical atmosphere, lush exotic landscaping surrounds most of the homes for sale in Puerto Rico, helping to bring that luxurious vacation feel right to your home, year round. Best of all, the prices are extremely reasonable, allowing buyers to get a lot more home for their dollar then they could in other parts of the world. Since Puerto Rico is still a U.S. Territory, there are many laws and regulations to protect your real estate transactions as well as your property rights, which is very important, especially when buying a home that you must relocate to.


Another great option, is to look at Puerto Rico condos for sale. When living in a condo, you are not responsible for maintaining the premises – a staff of trained professionals handles all the usual chores, such as landscaping and trash removal. This way, you can kick back, relax, and enjoy your free time, while someone else takes care of the boring and time-consuming chores. In addition, there are many Puerto Rico condos for sale with immaculate landscaping, swimming pools, jacuzzis and more, making condo life seem like a vacation that never ends. Basically, you get all the benefits of living in a luxury apartment, but all the investment benefits of owning your own property.


Whether you look at homes for sale in Puerto Rico, or decide to check out the Puerto Rico condos for sale, you are sure to find some amazing investment opportunities in one of the most beautiful places on Earth. Property prices are at an all-time low, but the economy is stable and on the rise. That makes right now the perfect time to invest in property in Puerto Rico for any reason, be it for financial gain, a new family home, or just an amazing vacation spot to visit anytime you want.

Find Puerto Rico Real Estate

Find Puerto Rico Real Estate

Puerto Rico real estate has become a very lucrative market in the past few years. It is the perfect place for anyone who wants to live in a tropical location, while still having their real estate transaction and property rights protected. Puerto Rico is now considered a “non-incorporated territory” of the United States, and has very similar real estate laws, making it an excellent investment opportunity.


Real estate prices have dropped some in the past few years, but have stabilized making this the perfect time to invest in real estate in Puerto Rico. In addition to having your real estate transactions be protected, there are some local incentives and tax credits available to motivate new buyers, especially in the tourism sector. Since there are very strict laws and regulations, it is wise to hire a local real estate broker. If you do not speak Spanish, make sure you find one that can speak English fluently. While many residents speak English, it generally is not adequate to handle serious business transactions, such as property sales.


Puerto Rico is a place like no other, and has been nicknamed “Isla del Encanto,” which means “The Island of Enchantment,” in English. There are many fun and exciting activities available, such as rock climbing, snorkeling, diving, mountain biking, kayaking, hang gliding and more, ensuring there is never a dull moment. Buying real estate in Puerto Rico is like sending yourself on vacation, for the rest of your life!


Real estate in Puerto Rico is not limited to just homes – in fact there are many lucrative commercial opportunities available as well. In the past few decades, there has been a big shift towards industrial production in Puerto Rico, and there are many factories and industrial spaces available – many of which are active, profitable companies. In addition, there are a lot of commercial properties and office spaces for sale for just a fraction of what they would cost in the U.S. Since English is taught as a second language in schools in Puerto Rico, managing a business here is possible, even if you cannot speak Spanish fluently.


Whether you are looking to start a new business, take control of an existing one, or you just want to live in a tropical paradise, do yourself a favor and look at some real estate in Puerto Rico. With unbelievably reasonable prices and a beautiful location, Puerto Rico real estate is an amazing opportunity for anyone looking for a change.