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Showing posts from August, 2006

A safe way to property investment in Spain

Problems arise when you start looking for property in Spain. There are so many companies with different offerings that it becomes almost impossible to settle for the best deal. Another problem is that large organisations offer a plethora of properties but the service you get is often rushed and impersonal. Van den Hout Enterprises claim to differ by offering personal hands-on real estate services using a large international property network. Sounds ideal but is it possible? CEO Paul van den Hout has been involved in Spanish and international property multinationals for over 18 years. He therefore recognises that it is crucial for a all round consultant to offer a broad range of services. Using a unique concept of a 'virtual office' Van Der Hout Enterprises provides a platform of external specialists in all aspects of the property market, including real estate search, sales promotions, mortgages and insurances. If the large agencies have let you down or you just want a more pe

UK indirect residential property ownership

If you want tax relief on a development investment you can now back a particular development. Publication of the Finance Act at the end of July confirmed that indirect residential property ownership is permitted within a SIPP . So investors looking for a hands-off approach to residential property investment can now find eligible investments for a self-invested personal pension ( SIPP ). Developing can be much more profitable than a straight investment in existing property. With most residential units sold off-plan, the risk to investors is reduced. Developer funding involves providing equity to a developer in addition to bank lending, to finance a scheme. A developer typically requires 10% to 30% of the total scheme cost in cash, with the rest provided by bank lending. It is common to find developers with more opportunities than cash, which presents an opportunity for investors to raise the capital required and receive a priority return. With the passing of the Finance Act a few days