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Overseas Property News
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Potentially better times ahead for homes abroad
Country: United States
24 June 2009 There were more signs of improvement for property markets around the world this morning, after the Organisation for Economic Cooperation and Development (OECD) optimistically projected that the world recession was "nearing the bottom" following a sharp decline in the six months to March. The OECD projects that the world’s most affluent nations will see their economies contract by 4.1% in 2009, compared with a previous estimation of -4.3% in March. This is the first time since 2007 the OECD has revised upwards its estimation for the world’s economy. The USA property market may soon see better times, after the OECD, which represents the 30 richest industrialised countries, noticed signs of stronger economic growth in America, as well as China. The OECD believes that the global economic recovery will be “weak and fragile” in the short to medium term, with the world’s richest countries collectively expected to grow by 0.7% in 2010, which, although low, is better than the previous prediction of -0.1%. The OCED described the recession in the UK as “sharp”, and projects that the country’s economy will contract by 4.3% in 2009, which is worse than its previous estimation of a 3.7% fall, and lower than the average 4.1% economic decline for the world’s richest 30 nations.
See Also: Marc Da-Silva, USA
Some properties in United States
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Price: £8,515
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Type: House
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Bedrooms: 3
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HIGH YIELD INVESTMENT, Mortgage offered with a $13,625 Down payment, on this property, income producing investment property, Multi Family Home with two apartments fully let and income producing Full Purchase & Management Service
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View details | Enquire further
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Price: £8,515
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Type: House
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Bedrooms: 3
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HIGH YIELD INVESTMENT PROPERTY, Mortgage offered with a $13,625 Down payment, on this property, income producing investment property, Multi Family Home with two apartments fully let and income producing Full Purchase & Management Service PROVIDED
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View details | Enquire further
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Price: £9,419
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Type: House
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Bedrooms: 4
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This 4 Bedroom house features 3 covered garage spaces. Needs work but will rent for $800 per month upon completion of renovation.
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View details | Enquire further
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Price: £9,483
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Type: Apartment
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Bedrooms: 2
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More than double your money in just nine years with an investment Bond administered from the UK by an FSA regulated Trustee. 6, 8 & 10 year investment terms available. Averaged returns of 9% to 13% per annum over six to ten years
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View details | Enquire further
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Price: £10,967
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Type: House
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Bedrooms: 2
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Income from day one from this high yield Income producing investment property, 23% NETreturn after fixed running costs, fully let 2 bedroom house situated in Syracuse City, Full Purchase & Management Service provided priced 42% below assessed value.
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View details | Enquire further
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Price: £13,548
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Type: House
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Bedrooms: 4
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High yield Income producing investment property producing 44% annual return after fixed running costs * SEE COMMENTS IN THE DETAILS for sale at unbelievably low price, consisting of 2 fully let apartments, Purchase/Management Service,income from day
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View details | Enquire further
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Price: £15,741
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Type: House
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Bedrooms: 2
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This Property has long term tenants paying $500 per month.
It is Located in Rochester the Third Largest City in NY.
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Price: £15,805
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Type: Apartment
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Bedrooms: 3
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80% price drop & potential 16% net return makes this 3 bed/2 bath Condo with communal pool and easy access to Disneyland an ideal holiday home/investment property. Can be easily purchased & managed from any part of the world - contact us for details.
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Price: £17,385
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Type: House
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Bedrooms: 3
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Our fully refurbished & pre tenanted selection of quality homes are located in family friendly areas and are available with 50 % non status finance. We have the most competitive package in Detroit and offer a money back guarantee for peace of mind.
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Price: £17,419
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Type: House
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Bedrooms: 3
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26% Net annual return after fixed running costs $7,060 / £4,554 / €5,229 excellent condition throughout investment property consisting of TWO fully let apartments, excellent Location, Full Purchase & Management Service Provided, income from day one
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