Overseas Property With Liz O'Kane
Wednesday, 17 October 2007
Over 200,000 Irish people own property around the globe and we're still spending outside the country. Today we look at exotic destinations at affordable prices.
Overseas Property is everyone's favourite when it comes to property markets. Just about everyone has that dream of owning a home in the sun or perhaps in the snow for that matter! So this week we're having a look at some exotic destinations and all under €300k. Some people simply want an investment that they can sit on for a while and then 'flip' on, whereas others really and truly want that home overseas to escape to when they can or take early retirement to.
Liz O'Kane - Property Expert
Liz is best known to viewers since 2004 as the enthusiastic, energetic expert and presenter on RTE's, House Hunters and House Hunters in the Sun series, where she lends her advice and expertise to property hunting participants.
This is Liz's second season as the property pundit for The Afternoon Show, where her main challenge is to find property gem's and bargains around Ireland as well as commenting on the current market.
Liz has also written a weekly property column for The Evening Herald as well as submitting regularly to other publications including the House Hunters in the Sun magazine. She is also a regular commentator on radio and press and is known for her 'matter of fact' attitude and uncomplicated manner of explaining things.
Liz runs her home finding business www.get-sorted.ie is married to Rory an architect and has two children, Rossa aged 8 and Ellie aged 5 and a half.
THE PROPERTIES . . .
AGRIAS AEDON APARTMENTS
Fairways and Blue Water resort
1 and 2 bedroomed apartments on the beautiful tropical island of Borocay in the Philippines
Rental guarantee for owners of a minimum of $10,600 dollars per annum base don 65% occupancy and after all services have been paid
Golf membership comes with the property
Two magnificant beachces are with 200 yards of the resort
Prices from €77,580 for the 1 bed and €127,279 for the two bed.
Completion August '07
901 FERNIE, BRITISH COLUMBIA, CANADA
Fernie, British Colombia - named by Rolling Stone magazine as 'the coolest city in north america'
Stunning, Ski and mountain resort in the heart of the Rocky mountains
Restoration of 1908 school and grounds of only forty-four 1 - 3 bedroomed apartments and penthouses
From 1993 - 2005 capital appreciation in Fernie increased by 15% each year
Flights to Calgary daily from the UK
Fernie will be used for pre season training and some competitions in the 2010 Winter Olympics
One, two and three bedroom apartments and penthouses from €279,000
With its roots planted in the coal mining industry, Fernie is now a four season paradise for the outdoor enthusiast. Reaching 1,925m the renowned Fernie Alpine ski resort, just a short drive from 901 Fernie, has 220kms of trails that traverse some of the steepest inbound terrain in North America.
Fernie is situated in the East Kootenay region of British Columbia, which is now home to 22 impressive golfing establishments, including the fantastic courses available around Fernie itself. British Columbia was voted by the International Association of Golf Tour Operators as 2007's North American Golf Destination of the Year, underlining the area's year round appeal.
Set to become the new 'hot' destination and sometimes referred to as the 'new' Canary Islands
A real African / Portuguese culture and flavour as was a Portuguese colony
Stunning white sandy beaches.....if you're into water sports you're in heaven....windsurfers paradise!
Flights from Gatwick and Manchester year round
Good investment potential and as flights become more frequent and facilities imporve, so too will your investment!
Priced at €145k for 1 bed
0044 800 5999420
The International Property Awards voted this the best marina development for 2006
Tax incentives - no capital gains or inheritance tax for 10 years for buyers
20 mins from Punta Cava airport the international airport with flight directly from London and Paris
Stunning beaches and room for a boat!
1 bed-roomed large luxury apartments @ €145,700 and 2 bed-roomed villas on the golf course @ €203,500
The Dominican Republic is one of the fastest growing economies in the world. As well as strong capital growth potential, buying a property in Punta Perla is also an income generating opportunity offering investors a net guaranteed rental return of 8% per annum for up to 10 years. There are also tax incentives such as no capital gains, inheritance, income and purchasing tax for 10 years for buyers.
The resort will have three signature golf courses the first one by Colin Montgomerie. There will also be a large marina the largest in the Dominican Republic.
Punta Perla is only 20 minutes from the Punta Cana airport. This is an international airport running direct flights worldwide including Paris and London. The quickest and cheapest route for Irish clients to get to the Dominican is Ireland - Paris - Punta Cana.