Are you unaware of the TDS? Or in dispute with tenants? Plus - Sofia, Warsaw and Macedonia

Are you unaware of the TDS? Or in dispute with tenants? Plus - Sofia, Warsaw and Macedonia

An open invitation to all Property Secrets members...

Tuesday 20th November sees the return of our highly popular Investor Evenings and I'd like to invite all Property Secrets members along.

Briefly, the evening will encompass some of the subjects we planned to cover at the Members' Conference, alongside others, including:

  • 2008 property price forecast revealed and where in the world to invest
  • The Credit Crunch explored - what does it mean for Property Investors today?
  • How Property Secrets get the best deals possible - what makes a great deal?
  • Introducing Property Secrets latest deals - and the opportunity to register early

You should have already received your invitation via email and there are limited places so be sure you book your place now.

To book and for more information, click here.

We really hope to see you there.

That's all from me this week. Happy Investing!

Cheers

Chief Executive Officer
Property Secrets


UK Property Investment // CEE Property Investment
Investment Property // Books & Reports // Online
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Is Macedonia the next Bulgaria? Massive economic restructuring suggests the potential for a property market getting ready to take off
There are many similarities between the Macedonian and Bulgarian property markets - and the Macedonian market seems to be following Bulgaria's development pattern.
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Portfolio Development: Martin Grainger takes a look at the site of one of our forthcoming deals in Warsaw.
Target market - Sofia's new high earning middle class is increasingly willing to use credit power to buy property
High end jobs are creating a cash rich, sophisticated middle class in Sofia, which is increasingly prepared to use finance to jump the 20% price difference between old panelak homes and new builds.
NEPTUNE TOWERS
Gdansk, Poland
Neptune Towers Investment Report » Prices starting from £57,254

» Average 12% discount off market price according to independent valuation

» Payments terms of 20/80 with long completion time in up to 31 months

» 25,000 sqm Arkońska Business Park currently under construction within walking distance of the site. The business park will employ approximately 2,500 people

» Close to the new Baltic Arena, one of the host stadiums for the Euro 2012 football championships. This will bring close connections to a major new motorway network

» Low cost airline easyJet has just started (October 2007) operating flights from UK airports in London, Edinburgh and Belfast to Gdańsk. A sure sign of economic prosperity

Neptune Tower offers investors a rare opportunity to enter into the market of a major second tier city in Poland at a significant discount of 12% below market value.

After a period of high capital growth, the market in Poland’s cities is beginning to cool down in a natural re-adjustment that will prevent overheating in the long term. The focus, therefore, is turning to lesser known markets in second tier cities like Gdańsk, where growth has been more steady than spectacular recently.

A key attraction of this deal is the excellent payment terms of 20/80 secured for Property Secrets clients. These terms eliminate the indexation or staged payments of 5, 15, 15, 20, 20, 15 and 10 currently commonplace on the local market. The benefit of this, in simple terms, is to eliminate the link to the inflation of construction costs with each successive payment. Property Secrets clients will benefit from a built in discount with completion due in 23 months (estimated). Add the 12% discount off the market value, and the prospects for a significant return on investment, in both the short and medium term, are excellent.

The developments location eliminates the need to navigate the city’s busy commuter routes. Neptune Towers’ position in the Przymorze District lies at the epicentre of Gdańsk’s Business District. Close to green areas of the city and with supermarkets, a university, entertainment parks and the 25,000 sqm Arkońska Business Park all within a 2 km radius.

The all-new Warsaw Property Market Profile

  • The largest and the most developed market in Poland
  • All components for sustained growth are in place, but the purchasing power of locals is decreasing
  • The market is stabilising after rapid price growth in the last two years
  • Price growth has temporarily slowed down to around 10% to 15% per year which is expected to continue for the next 18 months
  • Strengthening rental market
  • Choosing the right investment is key - middle class projects marketed as luxury developments should be avoided
  • Developing mortgage market
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