A lot of people say to me “I’m only going to be here for a few years, surely buying doesn’t make sense”? But what is the actual truth? If you have read my articles “Why is Property Such a Good Investment” and “How Buying Property Halves Your Rent” then you will understand what a great investment property is, but over what time period does it make sense to invest. One approach, and I...
Property leasing
So you think you’re a Property Investor, a Guru, the Jedi of Returns, the Master of Capital Appreciation. If you are buying with anything but as much debt as you can then you are still an amateur. Maybe you’re rich, obscenely wealthy, money is nothing to you – if you’re buying with cash you are mere beginner on the property scene, level one, I don’t care how big your portfolio is. Why? One...
So you are thinking about buying, but you are worried you might lose money on the deal. The market is unpredictable in the UAE and you can’t tell when or if it might change. If you have read my articles “How Buying Property Halves Your Rent” and “How Long Do You Have to Stay For Buying to Make Sense” you can see that buying property as an investor or an end user is one of the best investments...
A lot of people in the World own their own homes. Home ownership rates in Europe vary from Germany at 53% all the way to Romania at 96% (the USA is 65% and India is 86%). There are lots of reasons to own the place you live in, some people inherit, some people fall in love with it, others want to make their mark on the property by renovating, some people like to put their money into something they can...
One things was quite apparent at Abu Dhabi Cityscape 2018, that Dubai and Abu Dhabi sent quite different representatives. Representing Abu Dhabi were the Master Developers, Aldar, Tamouh, Baniyas, Al Fahid, Qudra, IMKAN, Maryah Island (Mubadala) and the list goes on. The only real Sub-Developer there was Bloom Holdings who have their own development Bloom Gardens but also two sub-development projects on...
A 99 year lease when you buy property in Abu Dhabi is neither unusual nor something to be concerned about. In Abu Dhabi expatriates (non GCC) acquire 99 year leases when they buy property and this is a concern for some people who only want freehold. It will not be an issue with people from the Common Law legal jurisdictions (like the UK) as these almost always only grant leasehold ownership rights to...