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Berlin is providing investors with older properties that provide superb rental opportunities. Berlin housing market is great for investors as many Berliners prefer to rent than buy keeping demand for rental property high. Berlin does not seem a place to make a quick buck it appears to me a market that needs 5 years property ownership to reap the capital appreciation benefits.
An increasing number of people are living in the heart of the city, rather than the suburbs. This has led to a dearth of larger apartments and homes, and the older properties are filling the need. Larger lofts and converted apartments are becoming more and more popular, and developers are looking for opportunities to create these spaces for residents.
Many old Berlin factories are being turned into residential properties, according to a recent article in the International Herald Tribune, and lofts are the designer’s choice. One of the largest conversions in the city has been the Paul-Lincke-Höfe project. This is taking an old factory in Kreuzberg, right in the heart of the city, and converting it into 116 lofts ranging from 80 square meters to 250 square meters.
The Canada Mortgage and Housing Corporation, which serves as the country’s national housing agency, is predicting an 8% increase in home prices for the metro Vancouver area. That’s in comparison to an 11% increase for all of 2007, and will still leave the city with the highest prices in the country. “What we're expecting is a bit of moderation,” said Robyn Adamache, senior market analyst with the Canada Mortgage and Housing Corporation. “Prices are going to continue to increase, but at a slower pace than we've seen over the past couple of years.” Adamche was quoted in a recent International
As United States and some Canadian real estate markets have been hit by the slowdown in housing sales, Vancouver continues to shine. While things might look to slow a little, prices will still increase and the city in western Canada expects to be doing a brisk business throughout this year and into the foreseeable future.
The Canada Mortgage and Housing Corporation, which serves as the country’s national housing agency, is predicting an 8% increase in home prices for the metro Vancouver area. That’s in comparison to an 11% increase for all of 2007, and will still leave the city with the highest prices in the country. “What we're expecting is a bit of moderation,” said Robyn Adamache, senior market analyst with the Canada Mortgage and Housing Corporation. “Prices are going to continue to increase, but at a slower pace than we've seen over the past couple of years.” Adamche was quoted in a recent International
As United States and some Canadian real estate markets have been hit by the slowdown in housing sales, Vancouver continues to shine. While things might look to slow a little, prices will still increase and the city in western Canada expects to be doing a brisk business throughout this year and into the foreseeable future.
Real estate in Vancouver seems immune to the slowdown and effects of the global credit squeeze. The Canadian city could be the best place to buy Canadian property for relocation and or investment. According to the Canada Mortgage and Housing Corporation, which serves as the country’s national housing agency, is predicting an 8% increase in home prices for the metro Vancouver area. That’s in comparison to an 11% increase for all of 2007, and will still leave the city with the highest prices in the country. "What we’re expecting is a bit of moderation," said Robyn Adamache, senior market analyst with the Canada Mortgage and Housing Corporation. "Prices are going to continue to increase, but at a slower pace than we’ve seen over the past couple of years." Adamche was quoted in a recent International Herald Tribune article on Vancouver.
The central Bulgarian city of Plovdiv is becoming a popular tourist site in one of Eastern Europe’s most popular countries. International visitors and second home purchasers are looking for more and more homes and destinations in this country. In 2007, Bulgaria experienced one of the highest growth rates of tourism in the world, according to Clement Wong, travel and tourism manager for Euromonitor International, a global market research firm. With some of the oldest sites and ruins anywhere in the world, Plovidv has gained a reputation as a history buff’s dream location.
Located 150 kilometers southeast of Sofia, Plovdiz has a population of almost 350,000 residents. It ranks as the second Bulgarian city in population, size and significance, after the capital of Sofia. In addition to being an important cultural, historic and tourist centre, Plovdiv is a regional administrative centre. The location in the center of the country makes it convenient to get to any other part of Bulgaria, all within a half a day’s drive
A rise in tourism and international airline flights has helped to increase the sales of property in Thailand, according to a new report. Real estate firm CB Richard Ellis, the nation’s largest international provider, notes that soaring investment in Thai property is, in large part, attributable the popularity of the country as a tourism destination
