Colour Investments Property Investment

Turkey has maintained stability during the financial crisis and is in the throes of a well-regulated property boom, according to Standard and Poor’s.

For Turkey to receive a credit rating upgrade amongst almost 100 downgrades from Standard & Poor’s is something to be proud of. Careful Government policy has steered Turkey calmly through a turbulent 2009 and decreased its debt levels.

The nation can be confident of a solid financial sector, in spite of external pressures, and according to Standard & Poor’s credit analyst “Turkey’s banking system will be one of the strongest and least-leveraged in Eastern Europe.” The agency even expects to upgrade the country again over the next one to two years should it continue to weather the global turmoil and reduce its dependence on external funding.

Spain meanwhile is the last large world economy to find itself still mired in recession. Its GDP continues to shrink prompting Standard & Poor’s to put the country on a negative outlook in December last year. The agency has little confidence in Spain reducing its Government deficit from 11.4% of GDP to the eurozone limit of 3% and could even apply further downward pressure to its ratings should the authorities not take aggressive action to tackle its weak economic growth and near 20% unemployment.

Daniel Dias for developer Signature International, commented: “At the moment Turkey is certainly in good shape and all of this bodes well for Turkey’s constant endeavour to become part of the EU.”

Source: www.signatureinternational.co.uk       www.themovechannel.com

Overseas Property Portfolio Manager – Equiv £50,000 pa.

We are an established and exciting global property investment company. We have offices in Canary Wharf and Reading and are currently enjoying a 100% month on month growth in sales. This is a unique and exceptional opportunity available for self-driven and highly successful individuals looking to build a long term challenging and rewarding career.

Overseas Property Portfolio Manager (CI-PM) – COLOUR INVESTMENTS
Salary – £36k OTE self employed. Equivalent to circa £50k employed.

Job Description:
The role focuses on building quality, long-lasting relationships with clients by really getting to know their property needs. Based within a fast-paced, positive sales environment this role also involves meeting clients face to face so that the relationship can be strengthened further. The majority of the time you will be based from home and will be selling to clients over the phone. Your own phone and computer are required.

At least 6 months previous success in a sales environment is essential, a good understanding of the property industry would be beneficial as well as a strong desire to succeed. You must be a fast learner who is able to build up an impressive client portfolio within the company. You must also have the resilience, enthusiasm and dedication to fit into this successful team, whilst most importantly being a highly motivated individual being able to successfully work from.

We will provide all leads, sales brochures and marketing materials allowing you to concentrate on sales and earning a much larger OTE than stated above.

Responsibilities:
· Being well informed about the current overseas property industry.
· Generating new business & proactively canvassing potential clients in a target orientated sales environment.
· Build relationships with clients and assist them with structuring their property portfolios, focusing sales in our overseas locations.
· Attending and participating in sales meetings, product seminars and trade shows when required.
· Preparing development specific details and price quotations for potential investors.
· Responding to client enquiries in a timely and effective manor.
· Will work closely with management to guarantee full coverage of his/her customer base.
· Attend a weekly sales meeting in the south east to update the team on your pipeline and sales progress.

Specific Skills (not essential):
· Sales/account management experience in a property related industry, ideally but not essential e.g. estate agency, mortgage company e.t.c.
· Ability to manage a pipeline of multiple property investment clients at any given time.
· Proven success prospecting and lead generation, building a pipeline, moving opportunities through the sales cycle; proposing, presenting and discussing investments with investors.

Required Skills:
· A superior sales track record – able to demonstrate impressive sales achievement and progression 
with evidence of showing initiative, creativity and motivation to surpass challenging performance goals.
· Self starter who is highly motivated
· Able to build successful business relationships with clients and investors.
· Willingness to Travel to meet clients
· Opportunity for very flexible working hours
· Must be a team player
· Honest & hard working with a strong desire to succeed.
· Highly ethical core values

Job ref: CI-PM
Contact: Nick Wallwork
E-mail: careers@colourinvestments.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Telephone: 08450 944 559

Property asking prices in the UK went up by an average of £7,137 in February and average asking prices in London are now at a record high of £427,987.

The increase of 3.2% was the largest monthly climb in asking prices since the property boom-times of April 2007 and search activity on Rightmove has been at a record high in the past month.

source: Rightmove newsletter

I thought readers might be interested in this link to the Ministry of Egypt:

www.investment.gov.eg

It is a website which gives a lot of information about the inward investment Egypt is receiving from other countries and why it is perfectly positioned to provide a solid platform for investment in the future. High growth in most sectors is expected in 2010 with property being one of the main areas of growth. I predict that 2010/11 will be the biggest growth years in Egypt’s property market history to date.

Kind Regards
Nick

Having just got back from a visit to Turkey I have to say I am very impressed with what they are doing there in terms of tourism.  I have heard that Turkey now receives more UK visitors than Spain and I can see why…  Even though it was during the winter it was still a compelling place. My first surprise was on the fantastic drive from Milas-Bodrum airport to Altinkum, where I passed a fantastic lake and mountains – which reminded me of Scotland!…  This wasn’t what I expected of Turkey at all.  Then you pass the Temple of Apollo and come to the  beach resort of Altinkum, much larger and more developed than I had expected.  The bay of Akbuk is stunning and no brochure can do its tranquility justice, I just cannot wait to go back in the summer!

On the investment front I met the governor of Didim and the mayor of Akbuk to find out what they had planned in terms of commercial and touristic investment and it was great to hear that they appreciate (without my prompting) that it is not just about building apartments and hotels.  They grasp the concept of growing their towns into tourist hubs whilst maintaining the essence of peace and natural beauty.  Some great ideas were put forward in terms of what they want to do and I am staying in touch with them personally to see how it pans out….

Buy-to-let tourist rentals in Turkey are thriving thanks to a surge of British visitors caused by the favourable exchange rate, an investor has noted.

Libby Garside told the Daily Mail that she and her husband Ted rent out their villa in the Mediterranean coastal resort of Kalkan when they are not holidaying there with their daughters.

Observing a rise in demand from Britons for its use, she said: “More consumers seem to be looking to Turkey as a holiday destination due to rising costs in more traditional European resorts and also because of the terrible sterling to euro exchange rate.”

The paper stated that foreign exchange firms have also seen a rise in the trading of sterling for Turkish lira and Egyptian pounds as tourists look for cheaper alternatives to the eurozone.

In contrast, it observed, the poor return on UK pounds converted into euros is making travel to many traditional destinations more expensive.

Turkish lira could be even less expensive soon as the value is expected to drop with an anticipated cut in the country’s interest rates, overseas investor magazine BuyAssociation has noted.

It said this could effectively make Turkish homes seven per cent cheaper.

Source: Propertyshowrooms.com

A conservative mortgage market has shielded Egypt from the worst excesses that led to the global economic downturn and left the country’s real estate market in a prime position to move forward in 2010, it is claimed.

Egypt will be one of the most attractive destinations for real estate investors in 2010, delegates were told at the first Global Trade Matters Real Estate Egypt Conference which included panelists from the top ranks of government, the private sector and academia.

They also heard there is still plenty of opportunity for expansion in Egypt as GDP and demographic growth continues.

Iman Ismail, managing director of EMRC, said conservative lending was the main reason that Egypt did not experience the kid of catastrophic collapse seen in the US real estate market. ‘Egypt’s small mortgage market only started to develop over the past six years so we have been shielded from the global real estate crisis,’ said Ismail.

A good economic outlook will boost the property sector according to Zaki El-Guiziri, vice president of the Talaat Moustafa Group. He predicted that the country’s growth rate will be above 4% in 2009 despite the global crisis.

‘If this growth continues, as is expected, there will be many benefits for the real estate industry. A large part of the population is marriageable age or below. This will ensure demand for years to come,’ he added.

The fact that Egyptians like investing in property means that the industry does not rely as much on foreign investment as other emerging property markets, according to Hala Bassiouni, managing director of the Egyptian Finance Housing Company. ‘Egypt has a culture that loves fixed assets. People feel it is very important for young couples to have a house bought before they get married. They buy houses for when their children get married or for investment,’ he explained.

Source: Property Community

Hi readers,

Introducing our amazing new development on the Red Sea Coast, Egypt – Fancy a different lifestyle?

Take a look in more detail on our website: www.colourinvestments.com/red-sea-egypt/introduction

And let one of our team know if you would like any more information or an up to date pricelist…

Kind Regards
Nick

Hi all,

Please check out our video below and let us know what you think using the comments link below?

More videos to follow over the coming months too!

Thanks and enjoy
Nick

Prime country property in the UK rose 2.3% in the final quarter of 2009 and has seen an incredible performance in a tough market in the last 12 months, according to a new report.

The price of prime country properties in now increasing across the country as the recovery that started in London during spring 2009 continues to spread further into the regions, says the latest Prime Country House Index from Knight Frank.

‘Prices are now just 2.6% lower than they were at the beginning of the year. An incredible performance considering the general mood of economic gloom that followed the collapse of Lehman’s little more than a year ago,’ said Andrew Shirley, Knight Frank’s head of rural property research.

Property prices in the Home Counties have shown particular resilience, ending the year 1.4% higher. The north of England and Scotland are recovering more slowly with prices down 11% on an annual basis, but up 0.5% in the last three months of the year, the report also shows.

‘There are a number of reasons for this upturn in property prices, but the overriding factor is an imbalance between supply and demand. What we are seeing is an increasing number of people competing for s diminishing pool of properties,’ explained Shirley. Across Knight Frank’s network of country offices the number of new potential buyers registering increased 50% last year and the number of sales grew 28%. At the same time, however, the volume of available property fell by almost a third.

Shirley said that potential purchasers are more confident because they feel prices have reached the bottom and are no longer worried about buying into a falling market. The cost of borrowing remains low and credit availability is gradually improving, adding to the optimism.
‘Around London we are also seeing an increasing number of overseas buyers returning to the market with demand for properties over £5 million growing significantly towards the end of the year,’ Shirley added.

Source: Property Wire