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Duquesa Village - 65 per cent discounts
Costa Del Sol - Spain Duquesa Village UP TO 65% DISCOUNT AND UP TO 100% FINANCE!! We are pleased to offer 2 and 3 bedroom apartments in thi ...
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Posted On: 30/06/2009
Overseas Property: Sales, Regulation and OptimismStand-first - Azure Overseas director Frank Crowley talks to Liam Bailey about the overseas property industry.LB: How long have you been involved in the property industry?FC: I first became involved in overseas property in 2004 when I bought my first property in Sunny Beach Bulgaria. Having spent time researching the internet I actually bought "off plan" on a front line development.FC: Having gone on an inspection trip I was happy with what I saw and decided to buy.FC: During my trip I saw the way some companies treated clients; pressurising them to sign on the dotted line during their inspection trip. It was at that point that I felt there needed to be a change to these aggressive sales tactics. LB: Have you always concentrated on overseas property? FC: Yes, my wife has been an estate agent for the last 15 years so I leave the UK property market to her.LB: What changes have you seen during that time?FC: The most interesting change I have noticed over recent years is the amount of research done via the internet. This means people are able to obtain valuable information anonymously and without being put under pressure to buy. LB: Do you think industry regulatory bodies like the NAEA and AIPP have had the positive effect intended?FC: Having spent 18 years working in the highly regulated financial services sector then I welcome any form of regulation as it ensures client protection and means that the industry continually strives to improve standards.FC: We made the decision to join the National Association of Estate Agents Overseas as we felt this organisation was a very established organisation that only accepts members after interviewing each company wishing to join the organisation.LB: Are you predicting capital growth in any countries in 2009?FC: The trend over the last 12 month has been an increasing amount of interest in both Turkey and Egypt. With budget airlines such as EasyJet now offering cheap flights to both counties then this is further fuelling both demand a indeed price increases. I personally invested in Turkey 4 years ago and have seen a steady return on my investment. I certainly see both Egypt and Turkey offering capital growth potential of 10% for 2009.LB: What property type and where are you recommending for pure investors today?FC: For the pure investor then I would recommend our Marlin Inn Beach Resort in Hurghada Egypt. This development is available for immediate occupancy and with the 6% rental guarantee for 2 years then this will your investment starts earning for you straight way.FC: With the miserable returns offered currently from UK banks then this arguably is a credible alternative investment opportunity for your money.LB: What property type and where are you recommending for holiday home investors today?FC: For a holiday home I would recommend the Apollon Holiday Village in Altinkum Turkey. This development offers excellent value for money with 1 bed apartments available for under £25,000. The developer is an established British developer based in Turkey who we have worked with successfully for over 3 years.FC: With its extensive range of onsite facilities and comprehensive after-sales service the Apollon Holiday Village provides clients with security and peace of mind.LB: How much did your sales drop off towards the end of last year? And how much if any have they picked back up in the past two months?FC: It's fair to say we noticed a reduction in enquiries in November and December last year. However we have had an excellent start to the year. We are having an increasing number of clients telling us they are disillusioned with what banks are offering them on their hard earned saving and are now looking at investing in overseas properties as an alternative form of investment.LB: What is your most memorable good experience?FC: For me it is all about client satisfaction. If we help clients find what they are looking for then we have done our job. Thankfully we have a lot of experience in this and some of the kind comments on the testimonial section of our website bear this out.LB: And your most memorable bad experience?FC: When a client comes back to you to reserve a property that has been sold since your initial conversation with them isn’t something that I enjoy.
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