Global property market to surge by end of year

Worldwide property markets will be surging by the end of the year as investor confidence returns according to global agency Jones Lang LaSalle.

The firm’s latest report said that economic turmoil hasn’t hindered the international housing markets, with a recovery continuing in the second quarter, oversupply disappearing and rents pushing up.

Jeremy Kelly from Jones Lang LaSalle’s global research team told OPP: “There is no doubt that investors are more cautious than three months ago as demand on both sides has been tempered by mounting concerns over sovereign debt and by the pace of future global economic expansion.”

“Nonetheless, we believe that barring significant economic setbacks, the current lull in real-estate sentiment is likely to be temporary and global markets will return to a more confident stride in the final months of 2011.”

Direct global investment is also up by more than a half on last year. “In the second quarter, we saw direct global investment rise by 50 per cent from the $68.8 billion transacted in 2010 to $103.5 billion this year,” said Arthur de Haast, head of the International Capital Group at Jones Lang LaSalle. “This activity has supported continued growth in capital values on prime assets.”

Source OPP 15 August 2011

What is Fractional Ownership?

You will see when you look at our investments section that for many of the property opportunities that we offer, clients have the option to either purchase a property in full or to purchase a fraction of a property at a greatly reduced cost. We are frequently contacted by investors who are attracted by the cost of fractional ownership but want to understand in greater detail what they are getting for their money.

Fractional ownership originated in America and is now quickly gaining popularity in overseas destinations popular with British holidaymakers and investors.

In short, fractional ownership means that you are buying a share of a property with other like-minded investors and sharing all the costs associated with the purchase and maintenance. A major benefit is the financial reassurance of a smaller capital outlay for a share of the property.

There are a number of ways in which a fractional ownership structure can be set up. One common method is to create a company in which the property is held. This company will then have a number of shares and owners can choose to buy one or more of these shares.This is unlike timeshare where you only own the usage time, with fractional ownership you actually co-own the title deeds.

When you sell your fraction you will make profit on any capital growth that has occurred and this can be closely monitored by the other property values within your project.

For more information on Fractional ownership and the opportunities that we are currently offering contact Steve Plumb.

Storepod, a guaranteed investment opportunity

Platinum Bay Ventures are proud to announce that it has been appointed as a master agent by Storefirst self storage, to promote a new investment concept within the U.K. commercial property sector.

The opportunity which has been tried and tested in the U.S.A. for many years, gives investors the opportunity to own their very own storage unit within one of Storefirsts storage centres, which are situated in various locations in the U.K. The units come in various sizes, with prices starting from just £3750.

This U.K.’s self storage companies have seen the highest growth and highest yield returns within the commercial property sector over the last decade and we anticipate strong demand for this offer.

This opportunity is also available for promotion through our network of U.K. agents.

Find Out More

Your SIPP Allowance- Use it or Lose it!

With the financial year soon drawing to a close, now is your last chance to take advantage of this year’s SIPP allowance. A SIPP is a Self Invested Personal Pension. It offers a wider investment choice than most traditional pensions but the same tax benefits, making it one of the most tax efficient ways to save for your retirement.

When you contribute to a SIPP, the government adds basic rate tax relief to your contribution. Specifically, the government adds £200 to every £800 you pay into your pension. If you are a higher rate tax payer, you can also claim up to a further £200 via your tax return. This means that a £1,000 contribution could cost you from as little as £600.

You can normally pay up to 100% of your earnings into SIPP or up to £3,600 a year if you are a non earner (£2,800 before tax relief is added). The Princess Project Panama is approved by a wide variety of UK SIPP trustees, including some of the largest in the country. If you don’t invest by the end of the tax year (midnight on the 5th April) you will lose this year’s allowance.

Remember, the more you use your allowances and exemptions, the less tax you will pay overall. The information given here has been taken from www.ft.com, http://www.h-l.co.uk/news/feature-articles/archive/end-of-tax-year-checklist, http://www.tdwaterhouse.co.uk/typesofaccount/sipp2.cfm.

This news feature does not constitute tax advice in any form.