This interview runs through a couple of emerging European condo markets - Bulgaria, for example.
The markets highlighted in the interview have predominantly generated sales out of Western Europe, and increasingly from Russia, but I do believe that for the more adventurous US buyer, a trip to Eastern Europe would generate a lot of opportunities - please let me know what you think.
mri_dev_sp
Tags: Podcasts · Uncategorized
The Turkish condo market offers numerous emerging market opportunities for US condo buyers.
This is another of my early interviews, so it is a little raw at the beginning, but I believe that the context would indicate that the Turkish condo market is offering favorable price discounts - between 30 - 40%!
Key domestic markets: Ismir, Bodrum and Istanbul
Emerging golf resort sector - only one way well placed golfing condo communities can go as far as I am concerned
70% LTV’s available - this developers pricing runs at about $200 - 250 per square foot (EU 400/500 per square meter.
Here is the interview: turkish_condo_market


Tags: Podcasts

A recorded interview with Alistair Auty - his project, the Bella Maya Resort is in Belize - specifically the Placencia Peninsula, a beautiful, 18 mile long isthmus in southern Belize.
bella_maya_interview_belize
Belize City International Airport is just a short non-stop flight away from many North American cities.
American Airlines fly up to twice a day from Miami as well as regular flights from Dallas. Continental fly up to twice a day from Houston. TACA also fly daily from Houston. Delta fly daily in season from Atlanta, as do US Air from Charlotte.
Continental also offer a weekly flight from New York, and Signature vacations currently offer a weekly flight from Toronto. There are also daily flights from Belize to other countries in Central America.
Price: Starting from US$345,000
Selling Point: No Capital Gains Tax!!!

Tags: Uncategorized
This is one of my first recorded interview, so I aplogise for the quality. Linda Gray however is an expert on the Costa Rican market and provides listeners with sound advice on which markets are worth your attention and which projects set themselves apart from others.
costa_rica_guanacaste

Tags: Uncategorized
Location: Isla Margarita, Venezuela
Starting From: $117,000
Selling Point: Guaranteed minimum 7% per annum net rental return for 10 years
The following interview is from Mark Andrew a Venezuelan developer who provides some insight on the Caracola condo hotel resort and the Venezuelan market. Enjoy!
mark_andrew_on_caracola-resort_venezuela-2008-08-21-at-1057

Tags: Podcasts
It is no secret that the Brazilian economy has exploded.
So - here is a great interview to start getting you familiarized with the Brazilian condo market, and in particular, an exciting condo-resort in Natal:
part-1
part-2
As you will hear, we discuss 3 Brazilian condo markets that deserve particular attention include: Sao Paolo, Bahia and Natal
This is definitely worth a look at if you are a golfer.
Prices are in the $330+ per square foot range.

Tags: Podcasts

Portugal, the western-most country in Europe, offers many investment and real estate opportunities for families and tycoons alike. Its Mediterranean climate attracts tourists to its secluded sandy beaches, while its diverse geography brings sight seers from afar. Portugal is split into seven primary regions, which are subdivided into 30 sub-regions. The Alentjo and Algarve regions attract much attention because of their natural beauty and rich culture.
Geographically, the mainland of Portugal is split by the Tagus River. The northern section is very mountainous, while the Southern region, known as the Alentjo Region offers rolling plains and milder weather. If you visit Alentjo, don’t miss the chance to explore the peaceful castles and villages. Alentjo is also a great place to take a safari ride, explore beaches and come face to face with history. If you are planning a trip to Alentejo from the United States, it is best to fly into Libson and then drive the rest of the way.
If you travel further south of the Alentjo region, you will reach the Algarve region which has a climate similar to Spain’s. Algarve is Portugal’s southernmost coastline where the sea is calm and clear. Algarve is a bustling hub in Portugal that has something to offer everyone. From small idyllic fishing towns, to world renown beaches, to over 30 gold courses Algarve is sure to provide visitors with a great time. When flying to Algarve from the United States,
first fly into Libson and then Faro. For more information on Portugal and its booming property markets, listen to the podcast on www.condoblog.com.
Tags: Celebrities · Condo.com General Blog · Investor Updates and Opinions · Market Data
August 20th, 2008 · 1 Comment
FOR IMMEDIATE RELEASE
Contact: Wendy Croquet
954-294-6467
wendy@athena-marketing.com
August 13, 2008 (Miami, FL) - Condo.com, the world’s largest condo marketplace, recently released it’s much anticipated Condo Market Intelligence (CMI) data for several key Florida markets including Miami, Fort Lauderdale, Palm Beach and Orlando. This data provides information on the number of multi-family home sales in these key markets as well as Average Sales Price and Average Price Per Square Foot. The number of listings for sale and rent by market is also a key component of the CMI. While overall the data confirms expected declines, there are some positive and stable markets indicating that all is not doom and gloom.
“We are excited to be able to release this new data which gives the industry good, reliable numbers on what is happening in the condo marketplace,” says Richard Swerdlow, CEO of Condo.com. “We know the industry is hungry for this information and we have put an infrastructure into place to capture valuable data we release on a periodic basis,” he added.
Some of the market trends identified through Condo.com CMI are:
Number of multi-family home sales for the 2nd quarter ‘08 increased in all markets from the prior quarter including Fort Lauderdale, Miami, Palm Beach and Orlando. The Orlando market leads the pack with the highest increase over last quarter of 45% with Palm Beach coming in with a 30% increase and Miami and Fort Lauderdale with increases of 22% and 17% respectively.
Not surprisingly, average sales prices went down in all markets except Palm Beach which experienced a 9% increase over the previous quarter. Orlando showed the biggest decrease in average sales price of 15% while Miami had a 6% decrease and Fort Lauderdale experienced a slight 1% fall in sales price.
Perhaps the most valuable statistic to compare markets is average price per square foot: Orlando’s average sales price per square foot dropped 15% to $128. The average sales price per square foot in Fort Lauderdale dropped 2% to $154; Palm Beach’s average sales price per square foot stayed the same as last quarter at $146 while the Miami market dropped 1% to $301.
The Condo.com CMI Report also includes data on the number of listings for sale and rent.
For-Sale Listing Data by Metro area as of August 1st, 2008:
Miami - 23,611 for-sale listings (3% decrease from July ‘08)
Avg Price/SqFt = $316 (2% decrease from July ‘08)
Fort Lauderdale - 18,020 listings (1% decrease from July ‘08)
Avg Price/SqFt = $209 (2% decrease from July ‘08)
Palm Beach - 13,627 listings (2% decrease from July ‘08)
Avg Price/SqFt = $192 (2% decrease from July ‘08)
Orlando - 6,252 listings (2% decrease from July ‘08)
Avg Price/SqFt = $157 (3% decrease from July ‘08)
For-Rent Listing Data by Metro area as of August 1st, 2008:
Miami - 6464 Rental Listings (3.36% increase from July ‘08)
Avg Rent/SqFt $1.95 (.5% increase from July ‘08)
Fort Lauderdale - 2693 Rental Listings (5% increase over July ‘08)
Avg Rent/SqFt = $1.36 (No change from July ‘08)
Palm Beach - 3,138 Rental Listings (8% increase from July ‘08)
Avg Rent/SqFt = $1.68 (1% increase from July ‘08)
Orlando - 680 Rental Listings (11% increase from July ‘08)
Avg Rent/SqFt = $1.02 (1% increase from July ‘08)
About Condo.com
Condo.com (http://www.condo.com) is the world’s largest condominium marketplace with over 600,000 listings valued in excess of $150 billion. The site receives over 1 million visitors monthly and is dedicated to the evolution and prosperity of the condominium real estate market. Condo.com improves and simplifies the way people buy, rent, sell, manage, market and enjoy the condo lifestyle. Condo.com lists condos for sale and for rent in the United States and 70+ countries around the world and cost-effectively delivers exposure and qualified leads to developers, brokers and for-sale-by-owners through the seamless distribution of its listings to a global network of real estate websites visited by over 15 million viewers per month. Condo.com is privately held and headquartered in Miami, Florida. For more information visit http://www.condo.com.
Tags: Condo News · Condo.com General Blog · Market Data
While taking
a relaxing vacation to unwind from the pressures of everyday life sounds
good…partying is even better. Lots of cities around the world are now being
known for their night life and club scenes.
11. Budapest, Hungary

Being the
largest city in Hungary, Budapest is sprawling
with luxury hotels and casinos. World famous DJ’s travel to Budapest to spin at the newest, most modern
clubs every year. If you are going out in Budapest,
plan on staying out until the wee hours of the morning.
10. Athens, Greece

Athens
is a party city year round, but if you visit between June and September you can
also participate in the Athens
festival. In Athens
you’ll be submersed in dancing, music and theater- after all, the Greeks do
know a thing or two about hedonistic pleasures. Clubs in Athens are indoor and outdoor so you can
enjoy the Mediterranean climate and breath taking views.
9. Las Vegas, Nevada

What would a
list of party cities be without Sin
City? Vegas is known to
be a ‘theme park’ of a city that’s filled with casinos and adult entertainment
venues. Don’t forget about the quick-hitch places either, if you’ve dreamed of getting married by Elvis, it is
possible in Vegas. Just don’t always believe that “What happens in Vegas stays
in Vegas”.
8. Barcelona, Spain

Barcelona is a party
central because it is one of Europe’s most
popular city-breaks. Here you will find beautiful beaches, world famous
architecture, and an amazingly free-spirited night life. Another fun aspect of Barcelona is that each
section and neighborhood is unique from food to music. One thing they all have
in common though, is that they like to party.
7. Berlin, Germany

Berlin is the
birth place of the adrenaline rushing, heart pumping techno music that we have
all grown to love. The only thing Berlin
may be more famous before than its clubs is the Berlin Love Parade. This summer
party attracts an estimated one
and a half million ravers to the streets of Berlin for one almighty celebration of
love and hedonism.
6. New York, NY

This party city lives up to its nickname as the “city that never sleeps”.
Packed with world famous monuments and landmarks, New Yorkers rage it up day
and night. Its diverse neighborhoods guarantee any partier a good time whether
you like hole in the wall bars, comedy clubs, or raves. Add to that the fact
that NYC is a cultural melting pot and you have yourself our number six party
city.
5. Manchester, UK

When you visit the clubbing capital of the world be prepared to stay out
until dawn- at least. The city streets are lined with over 50 energized clubs. Manchester also offers more than 30 styles of foreign
cuisine, with distinctive Chinese
and Asian
areas of specialty. It has 80 golf courses,
more theatres
than any other city outside London,
and two Premier League football teams. Since the mid-1980s, Manchester
popular music has dominated music charts so it is no wonder why the
clubs are always packed.
4.
Amsterdam, Holland

When you think of Amsterdam
the first thing that probably comes to mind are their world famous ‘cafes’.
Don’t forget about their Red Light District and vibrant night life either, Amsterdam is a lead party
city for sure. Amsterdam
is also known for their festivals such as the cannabis cup. Since marijuana is
decriminalized and legal in most parts of the Netherlands,
Amsterdam is a
calm party city compared to the other rowdy spots on our list. There are
designated pot cafes and smoking areas making Amsterdam a great city to relax.
3. Rio De Janeiro, Brazil

Rio De
Janeiro is noted for their parades and huge parties.
Here, partiers love to dress in costumes and through street side masquerade
balls. If you visit in February and March you will get to party at the festival
of carnival. This is an infamous party that involved parades, night life,
famous clubs and celebrity visitors.
2. Goa, India

Goa is home to
festivals, festivals and more festivals! Goa is a very colorful city and is one
of India’s
most developed states. It is located on India’s west coast so the best time
to visit is in the winter. When you’re there you will have plenty of fun between
secret beach parties to huge holiday bashes.
1. Ibiza, Spain

Ibiza is number
one on our list because this hedonistic city hasn’t stopped partying in over 30
years. It is in a prime location right off the coast of Spain in the Mediterranean
Sea. During the day you can lounge pool side and explore the
beaches. Just make sure to save your energy for the night, clubs are open from
11pm to 12pm the next day! Ibiza has more than
just the usual dance clubs, it thinks outside of the box when it comes to
partying. Espuma, which is Spanish for foam, is a club that pumps gallons of
foam onto the dance floor until it can reach up to your neck!
Tags: Condo.com General Blog · Uncategorized
Just recorded a fascinating interview with Ewa Petersson from the Vigia Group in Portugal - US buyers need to start looking at this part of the world - Portugal is a lot closer than we think, and the real estate this company deliver looks incredible. Please listen to where the hot markets are and what the Portugese buying process is.
vigia_group_portugal
Tags: Podcasts