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Overseas Property News
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US property market recovery in site
Country: United States
17 December 2008
An improvement in the US property market, key to a revival in the global economy, should start by next spring, according to property mogul Sam Zell.
Mr Zell said that demand for housing would increase on the back of a growing US population, while supply has slowed, with under 600,000 building starts in 2008, a million fewer than in each of the past 10 years.
Addressing an Israeli business conference this week, Zell, said: “I believe that in a country that continues to grow and where the population continues to grow, we will see the first signs of equilibrium in the housing market in the spring of 2009 and I will expect by spring 2010 the housing market in the US will look a lot better.”
He added that the US housing market upturn over the next 12 months should help stimulate growth in other global property markets, and believes the greatest capital growth will be achieved in a range of diverse countries such as Brazil, China, the Middle East, and parts of Eastern Europe. “They have growth, they have political stability, they have natural resources... and a relatively low cost of entry today,” he concluded.
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Price: £11,250
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Type: House
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Bedrooms: 8
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MORTGAGE OFFERED on this fully let high yield Income producing investment property consisting of 2 FULLY LET 4 BEDROOM DUPLEXES WITH SEPARATE STREET ENTRANCES,full purchase+Management service provided buy this property safely from any part of the
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Price: £12,500
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Type: House
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Bedrooms: 3
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$20,000 buys this High yield Income investment producing 28% annual return after fixed costs consisting of THREE RENTAL APARTMENTS, unbelievably low price full purchase+Management Service provided buy this property safely from any part of the world
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Price: £12,500
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Type: House
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Bedrooms: 4
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23% Net return after fixed running costs from this fully let investment consisting of two apartments in area of high rental demand a full purchase & management service provided, buy this property & have it managed from any part of the world Inquire
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Price: £12,500
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Type: House
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Bedrooms: 5
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$20,000 buys this High yield Income investment producing 35% annual return after fixed costs consisting of THREE RENTAL APARTMENTS at unbelievably low price full purchase+Management Service provided buy this property safely from any part of the
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Price: £13,564
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Type: House
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Bedrooms: 2
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GUARANTEED INCOME,22% net return instantly. Paid by the US Government via the section 8 program on this registered investment property.
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Price: £15,440
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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: £15,502
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Type: House
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Bedrooms: 3
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11218 Kenmoor Street, Detroit, MI 48205 comprises a 3 bedroom bungalow built in 1941 and recently refurbished to a high standard which has tenants moving in to generate a great genuine net yield of 22.24%.
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Price: £15,502
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Type: House
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Bedrooms: 3
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3 bedroom bungalow built in 1941 and recently refurbished to a high standard. It has just been refurbished to a high standard and has tenants moving in to generate a great genuine net yield of 22.24%.
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Price: £16,122
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Type: House
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Bedrooms: 3
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We are pleased to offer a selection of tenanted buy to let homes in Buffalo and Rochester, New York from just $25,000 with genuine net yields of 16% to 23%. Cash buyers should take advantage now.
Thjis property is just one example.
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Price: £16,250
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Type: House
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Bedrooms: 4
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High yield Income producing investment property producing 29% annual return after fixed running costs when fully let, consisting of 2x2 bed apartments situated in a good rental location of high demand, Full Purchase & Management Service, easy to
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