Bulgaria is a current property hot spot at the moment and with so many developments to choose from, Worldwide Investments recognise that we need something "unique" to make our product stand out, above our competitors.

Bulgaria has all the positive factors pointing including accession in to the EU in 2007. The resort of Bansko has been nominated to host the winter Olympics in 2014, has an ever increasing popular destination for winter sports people, has recently had £21million pounds worth of new ski lifts invested in the resort and is situated on a world natural heritage site.

We look for that certain "something" that will ensure our clients investments either have a good rental yield, or capital appreciation or both.

We recently launched a fantastic development in the up and coming ski resort of Bansko - Bulgaria. We secured total exclusivity for this development, and sold 43 of the 46 units within 48 hours! The development is going to be a 4 star resort, with swimming pool, spa, fitness, gym, tennis courts, restaurants and bars with a guaranteed rental for three years with a rental yield of 11% and only 500 metres from the Gondala.

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Miami - Great value for money.

Miami, Florida is becoming very popular with UK based investment buyers, with the Dollar so weak against the Pound investors are getting great value for money. The property market is seeing a continued capital appreciation of 20% per year, this means that the investor that buys off plan will see a profit by the time the property nears completion.

The investor also benefits from the option of selling the property just before completion, making it a high profit investment in a short space of time or completing on the property and renting it out. With high rental demand the investor will be able to find a tenant very quickly, unlike Orlando which is really aimed at the holiday rental market, many of the developments will only allow residential tenants.

Mortgages for UK buyers are easily available, some lenders will even offer a non status mortgage if the purchaser puts down a 25% deposit.

Many investment buyers feel safer buying in the established US market, rather than in Eastern Europe. With over 1000 people per day moving to Miami, and South Americans investing in the Miami property market rather than there own unstable economies, Miami is predicted to continue to see its current level of capitol appreciation.

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Hungary to receive more budget flights.

British no-frills airline Jet2 will launch daily flights between Budapest and Manchester, the company recently confirmed. According to a press release by Jet2, which is a trading name of Channel Express (Air Services) Ltd., the first Budapest flight will take off on Dec. 1, as the inaugural flight to the company’s new hub at Manchester. Tickets to Budapest – along with eight other new destinations, including Faro (Portugal), Valencia (Spain) and Venice – went on sale Sept. 29. Market rumours arose about Irish low-cost carrier Ryanair following Jet2, as Irish-owned Cape Clear Aviation Kft was last week announced as being about to rent Balaton West Airport.

The airline’s communications department declined to comment on the announcement, which was made by the local mayor. “Our route development scheme is in progress. Ryanair is in negotiations with several airports in several countries,” a communications executive of the company said. Cape Clear will rent the airport in question – located in Sármellék, near Lake Balaton – as of November, and they have plans to upgrade it into a fully functional airport by next summer, owners of the airport announced last week.

Related news-based NetJets Inc. has been reported as planning to expand its activities – private and corporate aircraft rental services – to Hungary in the near future.

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What’s so special about Hungary?

For those seeking culture there is a huge choice in Budapest including: 237 Monuments, 223 Museums and Galleries, 35 Theatres, 90 Cinemas, 2 Opera Houses, 12 Concert Halls.

Included in this selection are 2000 year old Roman Amphitheatres, 400 year old Turkish Baths and typically Hungarian style buildings from the 19th Century. With this wide selection, the only problem that one may encounter is choice!

The public transport system in Budapest is among one of the best in Europe. The underground railway was the first in Europe and has been running for over 100 years. Accompanying this railway is a tram system and bus service connecting all the different districts of the city.

With Hungary’s accession in to the EU in May of 2004 supported by further liberalisation, Budapest is on its way to becoming one of the biggest economic engines of Eastern Europe. With its architectural beauty and financial growth, it has become an ideal location for Investors.

There are currently 30,000 foreign owned companies operating in Hungary. This is expected to increase further fuelling the growth in the economy.

Hungarian Investors have experienced unprecedented growth in their property values in recent years. Typical levels of appreciation for properties in well-located areas have been seen at 10% up to 15% per annum, and coupled with an average rental yield of 6% - 8% for an Apartment; Hungary is an exciting investment to add to your portfolio.

Hungary is inhabited by 10,300,000 people; 2,000,000 of which are located in its Capital city of Budapest. The Climate of Hungary is Continental, with Mediterranean and Atlantic influences. Temperatures range from –15°C in the heart of winter, to 35°C during mid-summer. Hungarian is the national language, however on traveling to Hungary you will notice that most Hungarians have excellent fluency skills in English.

The capital city, Budapest, is also known as “Pearl of the Danube” – the river that separates the city but at the same time connects it. The Lánchíd or Chain Bridge was the first permanent bridge crossing the Danube unifying the two separate regions of Buda and Pest, which until then in 1873 had lived separate lives. This city has developed into the cosmopolitan metropolis that exists today and is a future jewel in the crown of the modern central Europe.

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Ten reasons why to invest in Miami.

1. The US Dollar is currently trading at an 11 year high encouraging investors in the UK to expand their property portfolios in the US. With Sterling/Dollar exchange rates at such a level, buyers are able to negotiate exceptionally good deals when buying in the US. The dollar weakness is a result of the US trade deficit which is at record highs. Financial information that can effect fluctuations in exchange rates, and aide purchasers to get the most competitive exchange rates possible.

As many purchases will be buying 'off plan' with stage payments, shrewd investors are securing favourable rates of exchange, before the money is actually required therefore protecting themselves against possible movements in interest rates. For further information on securing wholesale rates of currency exchange, advice and current financial data visit www.escapecurrency.com

2. The revival of Florida's premier oceanfront location has sparked unparalleled real estate appreciation, urban re-development and plans for breathtaking condominium buildings that offer the most prestigious living on Miami Beach.

3. Miami is packed with cafés, galleries, fashion houses, boutiques, artists’ studios, trendy nightclubs and some of the most expensive hotels in the United States. It's the tropical urban area and attracts the new economy entrepreneurs in software development, e-commerce, and entertainment.

4. Like few places in the world, Miami has international appeal; it is often referred to as a ‘playground for the wealthy’ and is not only the capital of the Latin world it is also where many sophisticated New Yorkers choose to spend weekends and holidays.

5. With fares from New York well under $200, the transport link between Miami Beach and the Big Apple is very accessible and affordable. This easy connection feeds a steady supply of motivated well positioned property hunters and has led to houses prices ranging from $350,000 to $20 million all in the same postal district.

6. Miami is geographically restricted. Land is in limited supply, therefore there is little or no risk of oversupply and demand will always remain high.

7. Existing and brand new luxury hotels and restaurants bring new visitors each day, many of whom are exploring possibilities of owning property in Miami.

8. New infrastructure including renovated bridges, thousands of new palm trees and plantings, new lighting and other ‘beautification programs’ are ongoing in the region creating a heightened aesthetic appeal.

9. New office buildings lead to more job creation and higher incomes, which leads to higher rents and market values.

10. Growth fuels more growth and Miami Beach is on a roll. Values here are much lower than New York and Palm Beach. Current property values are bang on and all factors point ever upwards.

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Why Choose Goa?

Trading Culture and Major Port
Goa takes great pride in the port of Mormugao - a major, modern and thriving port that offers a fantastic employment base for this intriguing region. In addition a new, massive outer harbour is on the drawing board and will boost the (already considerable) sea trade and affect the entire regions economic structure and continue their sea trading history.

Goa will receive 2.5 million tourists by 2005, both international and domestic and redevelopment projects in the pipeline for the region include:
• Software Technology Park.
• Integrated Infrastructure Development Scheme Park (IID).
• Film City.
• Growth Centres.
• ASIDE
• Food Park / Wine Park.
• Sky-bus project.
• A new Civil Airport in North Goa.

Friendly People, Healthy Environment
Goans are courteous, intelligent, diligent, honest and justifiably famous for their hospitality.

But did you also know that:
• Goa has one of the highest per capita income ratios in India.
• One of the highest literacy rates, 82.32%.
• The lowest birth rate, 18 per 1000 population.
• The lowest death rate, 7.47 per 1000 population.
• The highest road network density.
• The highest doctor-to-patient ratio.
• The highest hospital-bed-to-population ratio.
• The lowest crime rate.
• Harmonious industrial relations.

Electric Atmosphere
Goa's 'power base' is strong and well distributed. It's brightly lit bridges, roads and highways is illuminating testimony to this fact. Even the smallest hamlet in Goa is electrified.

Goa receives 394 MW from the Central Generating Stations besides 48 MW from Reliance Salgaoncar Power Co. Ltd. The maximum demand in Goa is of the order of 305 MW. There is thus more than adequate supply to meet the demands of uninterrupted power by the industrial sector.

For its future needs, the Power Grid Corporation of India has commissioned a 400 KV transmission system that will enable Goa to draw power to the extent of 500 MW in 2003.

Information Technology is fuelling both economic prosperity and human achievement. E-Governance will empower both the common man and entrepreneurs to eradicate red tape and ensure the formation of an effective, transparent and responsive administration.

Extensive Support Systems
Goa also is the one Indian state fully electrified. In Goa, there is tap water even in the smallest house, in the smallest village.

Goa abounds in educational facilities with Goa University as the premier centre of learning. The state boasts of several professional colleges, including engineering, polytechnics and ITIs. Management studies, law colleges Ayurvedic & homeopathic college and a catering institute form vital chapters in the education volume of Goa. The prestigious National Institute of Oceanography (NIO) is a leader in marine research in India. The Goa Medical College is among the oldest in Asia.

Well-connected to the rest of India through road, rail, air and sea, Goa also boasts of the highest per-capita-road-to-man ratio in the whole of India. Most of the national airlines have flights from Goa's airport. International carriers operate around 500 air charter flights between Goa and countries like the UK, Germany, Russia, Sweden, Switzerland, Finland and Norway.

The Konkan Railway (KRC) has facilitated the scope of trade and industry tremendously. The successfully tested super-fast Konkan Railway between Goa and Panvel will eventually enhance tourism and the economy. The Sky-bus project will be a boost to internal transportation.

Goa has an extensive telecom network too with optic-fibre technology, cellular phones, and high speed Internet.

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Time for a Magyar Mansion?

As the UK housing market stagnates; it’s time to look further a field for property bargains.

Hungary is the latest country to have attracted the attention of investors. Robin King of property consultant’s movewithus international explains the attractions of a home in Hungary.

'It’s generally accepted that the days of major gains in the UK property market are over – at least for the time being. Prices may creep up slowly but in the short and medium term they’re more likely to stand still or fall.

Property investors, therefore, need to look abroad for a return and, in Europe at least, it’s Hungary’s star that is shining brightly.

This is happening for a number of reasons. Since the end of Communism in 1989 the government has turned much more to the West for its inspiration, culminating in Hungary joining the EU this May. There has been an enormous amount of investment, both from the state and foreign companies and the country is now one of the most attractive emerging markets in Europe.

Budapest in particular is attracting a lot of attention. Since the two regions of Buda and Pest were unified in 1873, the resulting city has developed into the cosmopolitan metropolis of today. A cultural Mecca, Budapest offers a staggering 237 monuments, 223 museums and galleries, 35 theatres, 90 cinemas, 2 opera houses and 12 concert halls. The public transport system of underground, trams and buses is among the best in Europe.

From a British perspective, property prices are low, so there’s a great deal of room for capital growth and the rental market is also strong. Hungarians have a long history of renting their apartments from the government during Communism and whilst more people can afford to buy returns of 6-7% are still achievable.

As with any property purchase, however, location is everything. Budapest is conveniently broken down into numbered districts, each with its own flavour. Districts 5 and 6, which are central or the emerging neighbourhoods 9, 13, 14 and 16 are especially recommended. The latter have development potential and offer rental opportunities for the local Hungarian market.

A classical apartment in the centre of Budapest will set you back around £80 – 100,000, with a potential rental return of between £350 – 550 per month. In the suburbs, a studio apartment costs around £25-30,000 whilst commanding a rent of £120 per month.

Buying a property is relatively straightforward. Hungarians speak very good English and the country has a well-developed legal framework and a centralised Land Registry Office. It’s possible to buy either as a private investor (simpler) or by setting up a company (good if you’re looking to buy multiple properties). Private individual purchasers will have to apply for permission at the Administrative Office of Budapest, but this permission is easy to obtain.

All foreign investors will also have to use a reputable agency and a lawyer that is listed at the Budapest Chamber of Solicitors.

Getting to Hungary is easy. It only takes 2 ½ hours to fly to Budapest and most major airlines and low cost carriers such as Easyjet run services.

Overall, Budapest is a good medium term investment, i.e. around 5-8 years. In this time the Hungarian banking sector will undergo huge restructuring, low interest mortgages will be available for the majority, and Hungary will have joined the EURO. All these factors, plus development funding from the EU will have conspired to push up prices so that by around 2010 the market should start to flatten out.

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