freehold http://www.artwoo.com Returned search results for freehold Copyright 2008 Sun, 23 Nov 2008 06:01:02 +0000 http://www.artwoo.com/rss/freehold Uae Property Guide, Part 1 Of 8 - The United Arab Emirates http://www.artwoo.com/article/uae-property-guide-part-1-of-8-the-united-arab-emirates http://www.artwoo.com/article/uae-property-guide-part-1-of-8-the-united-arab-emirates#comments Thu, 31 Jan 2008 10:30:00 +0000 sheikh mohammed bin rashidgulf cooperation councilunited arab emiratesras al khaimahmohammed bin rashidal maktoompersian gulf http://www.artwoo.com/article/uae-property-guide-part-1-of-8-the-united-arab-emirates United Arab Emirates (the UAE) is geographically situated in the Middle East on the , bordered by Saudi Arabia and Oman. The UAE consists of seven sovereign states called emirates, these are: Dubai, Abu Dhabi, Ajman, Fujairah, Ras al- Khaimah, Sharjah and Umm al- Quwain.

The UAE is a unique nation where you can see the best of many seemingly opposite influences and cultures balanced to produce a wonderful modern country with something for all. Modern cities with world-class hotels, facilities and wonderful shopping are balanced against the traditional Bedouin lifestyle, in a nation that supports both conservative Islamic and western liberal views equally.

The UAE has, through recent property booms due to the granting of freehold ownership rights to foreigners, become one of the worlds leading property investment hot spots. Freehold property ownership in the UAE was unavailable to expats prior to 2002; until that time only 99 year leaseholds or rental of property was allowed by law to non GCC () or UAE citizens. Dubai lead the introduction of freehold purchases to foreigners, starting in 2002 when a decree was issued by crown prince General of Dubai which allowed the purchase and ownership of free hold property in designated areas of Dubai. In 2006 Law 7 - Dubai's property law was passed, this law formally reinforced the ability of non GCC or UAE citizens to purchase freehold land; implemented the property registration office of Dubai Lands and Properties Department, set this departments jurisdiction and outlined the general rules, definitions etc of property ownership.

The opening of Dubai's property market in 2002 lead to a lot of interest in not only Dubai but the whole of the United Arab Emirates by investors; this interest has not been lost on the other Emirate States with being the first emirate after Dubai to allow foreign ownership. Ajman the smallest emirate has allowed foreign freehold ownership since 2004.

The remaining emirates allow various degrees of foreign ownership. Sharjah does not allow freehold ownership to expats but does allow 99 year leaseholds. Abu Dhabi has similar laws with 99 year leaseholds and 50 year renewable surface ownership agreements as the only options for foreign property investors. Conversely Umm al- Quwain does allow foreign property ownership although ownership of the land is prohibited.

Fujairah has only announced one development with freehold rights although they are currently drafting property legislation which is believed will allow foreign freehold ownership.

All of the freehold ownership in the UAE is in areas or individual developments that have been specifically designated by the governments of the individual emirates for possible foreign ownership; the emirates have not been opened to blanket foreign ownership as we are used to in the west.

Investors also need to be aware that ownership of a property in the United Arab Emirates does not automatically entitle the property owner to permanent residency visas, nor does it automatically entitle them to be able to work, although it is possible to work under the sponsorship of an employer. http://www.sandcastles-property.com/ Sandcastles Property offers for sale a wide range of property in the UAE from villas to hotel rooms. United Arab Emirates property is fast becoming one of the worlds premier investment opportunities. ]]> Buy Property in Dubai http://www.artwoo.com/article/buy-property-in-dubai http://www.artwoo.com/article/buy-property-in-dubai#comments Tue, 15 Jul 2008 20:01:13 +0000 burj al arabunited arab emiratestallest hotel in the worldemirates towerspalm islandsmarina businessdubais http://www.artwoo.com/article/buy-property-in-dubai United Arab Emirates. Not too long ago, this was once a peaceful town known for its coral-and-gypsum huts located in the Bedouin traders and the pearl divers. But today, Dubai is becoming even more popular because of its excellently engineered buildings. Dubai is considered as the most populated and second largest in the United Emirates. Because of its fast-paced rise to economic growth, Dubai properties are now a hot market around the globe.

The wealth in this city has attracted many businessmen and tourists worldwide. At the moment, Dubai properties like real state are a great and safe investment. Among the notable major projects in this amazing city are the , and The World. There are also many other projects like the Dubai Marina, Business Bay, Burj, Dubai Complex, Dubailand, and the Dubai Waterfront. Of course, Dubai would not be this popular if not for its innovative and ultra-modern architecture. This kind of one-of-a-kind architecture is known as the skeikh. The popular edifices that use this kind of constructions are the and the Burj al-Arab. The latter is known as the today and is found on the offshore property in the Persian Gulf.

Dubai's Business Bay is also considered as a very popular piece of property in the magnificent city of Dubai. This business district is where you can find hundreds of skyscraper buildings. The freehold policy of Dubai makes it an alluring place for investors and buyers from all parts of the world. This law is favorable to foreigners to own a freehold real estate in any part of Dubai. This kind of policy requires no stamp duty or any other tax which you can buy at a very competitive price. Since the introduction of this law in March 12, 2006, investors started pouring at Dubai. Also, the demand in real estate is relatively high and might short supply many off plan developments upon the day of its release.

Dubai Foreigners holds the right to lease or purchase any portion of land after the three master-developers, Al Nakheel, Dubai Properties and Emaar approve them. There are three kinds of ownership that a foreigner can acquire after all the necessary requirements are completed, the freehold, usufruct, and the common hold.

With the many attracted foreigners and investors in this city, Dubai is now an international hotspot for all Dubai properties and real estate which are for sale within your reach. The rear market specifically sets the standard for property development in all corners of the world. With the recent developments in this city, there is no doubt that the Dubai real estate market is the perfect place for all your investment. So, if you are looking for Dubai real estate and other properties, you can always find the best one that offers extreme satisfaction.Looking for Freehold Properties In Dubai or Dubai Property For Sale? Visit Us at: CasamiaStar.com]]> Wealth Creation, Real Estate And The Internet -- The Golden Triangle? http://www.artwoo.com/article/wealth-creation-real-estate-and-the-internet-the-golden-triangle http://www.artwoo.com/article/wealth-creation-real-estate-and-the-internet-the-golden-triangle#comments Mon, 18 Sep 2006 18:27:06 +0000 freehold propertiesunencumberedproperty portfoliocash flowinvestment propertyacquisitionmortgage http://www.artwoo.com/article/wealth-creation-real-estate-and-the-internet-the-golden-triangle cash flow positive property opportunities. That is, the 'gearing' level of debt () for the prospective must always leave my in a positive cash flow position having regard to potential rental income. (I will never negatively gear a property purchase.)

I naturally take into account the estimated maintenance expenditure and other outgoings in computing the equity that I will need to invest into the purchase to ensure the property will be cash flow positive.

Thus, each purchased, adds to my net annual income.

I only buy at wholesale prices (at least 20% less than market value) and usually find that after doing the sums; I need to put in another 25% of my own capital. Hence, the new acquisition is initially geared to a maximum of 55% of current resale value.

My system necessitates that I always purchase two properties in each individual "wealth cycle".

As soon as there is enough combined equity to do so -- due to a rise in property values and/or the reduction in the mortgage via the two rental incomes - I sell either one of the pair, which leaves the remaining property freehold.

Result: one more freehold () property added to my portfolio of .

I then consider that particular wealth cycle completed and immediately begin to look for another two acquisitions to repeat the process.

Sounds easy -- well it is easy and becomes more so with experience.

However, what is worth pondering over is the comparison of the net rental return of a freehold investment property, to the net return of a smaller income producing website.

My most recent wealth cycle completion left me with a freehold 2-bedroom apartment (we call them home-units here in Australia). The property is now worth about $120,000.00 and currently rents for $125.00 per week.

A smaller website, for example, one that receives on average three or four e-book sales a week and earns a modest income from Google Adsense, can also produce $125.00 a week. So, if the return is the same and the owner's input is negligible in both situations, why isn't the website worth $120,000.00 in comparison?

The website owner, of course, would be extremely lucky to receive 3 - 5% of $120,000.00.

I feel that this anomaly has been partly created from the result of the dot com boom and bust cycle and partly because, in spite of all the hype, the economics of the Internet is still in its infancy.

Can cyberspace be considered real estate? Or is a website merely at best a business proposition with some added intellectual property?

Whatever the answer, I feel that Adsense (and similar programs) have underpinned both the prospective and the potential value of website valuation.

The cash flow from a few websites, each with an average return of $125.00 per week has enormous wealth creation potential for the master wealth creator. I could foresee the linking of a pair of income producing websites with a higher geared property acquisition (purchased at wholesale price), so that the monetary effect would be as if the rents of three properties were now quickly paying off the mortgage of the new acquisition. In this example two of "the properties" are in cyberspace yet it is important to understand that the net monetary effect would be exactly the same.

A couple of websites is "no big deal" - yet if one considers that those same two websites can give you a freehold income producing property approximately every five years, then the values and economics of the internet will need to be rewritten. Charles Goodwin is the author of the highly rated book "The Secrets Of Wealth Creation Revealed" (available as a paperback or e-book.) Charles can be contacted at http://www.wealth-creators-club.com or his Blog "The Esoteric Charles Goodwin" at http://charlesgoodwin.blogspot.com/ ]]> Uae Property Guide, Part 5 Of 8 - Fujairah Property http://www.artwoo.com/article/uae-property-guide-part-5-of-8-fujairah-property http://www.artwoo.com/article/uae-property-guide-part-5-of-8-fujairah-property#comments Sun, 10 Feb 2008 14:25:00 +0000 gulf cooperation councilunited arab emiratesal jabarstraits of hormuzuae nationalsoverseas touristsunspoilt beaches http://www.artwoo.com/article/uae-property-guide-part-5-of-8-fujairah-property United Arab Emirates (the UAE); it has the second smallest population of any of the seven emirates - approximately 130,000 inhabitants. Fujairah is the only emirate with a seaport outside of the Persian Gulf; this port on the Arabian Sea is seen as a great strategic strong point for this emirate in the event of any naval or military action that may close the at the mouth of the Persian Gulf.

The geography of Fujairah is not what you would expect of one of the emirates of the UAE; it is rugged and mountainous with beautiful and numerous islands off the coast with coral reefs that attract divers from all over the world. This mountainous emirate has higher rainfall and lower average temperatures than the other emirates that are primarily desert, which makes it a prime tourist destination for both and .

Until 2002 freehold ownership of property in the UAE was limited to UAE and GCC () citizens; at this time the emirate of Dubai was the first of the emirates of the UAE to allow freehold property ownership to foreigners. Unlike several of the other emirates that followed Dubai's lead and opened certain areas up to freehold foreign ownership, Fujairah has taken a more conservative approach and has concentrated on tourism and industrial development.

Fujairah is in the process of considering a law (similar to that of Dubai's) to allow foreign freehold ownership of residential property. At the moment however the government of Fujairah has only allowed one development, the 43 story tower to be available for foreign freehold ownership. This tower, which is being developed by Al Jabel Contracting, will house showrooms, commercial shops and 270 residential apartments. The more traditional UAE custom of allowing foreigners to hold property under a 99-year lease is still the main option open to expats who wish to invest in the Fujairah residential property market.

Industrial development is booming in Fujairah, with the Fujairah Free Zone operating in a similar manner to free zones in the other emirates of the UAE, which allows the opportunity of fully foreign owned businesses. Recently a major announcement was made concerning the building of an oil pipeline from Abu Dhabi and a liquefied natural gas storage hub on the coast of Fujairah. The building of this strategic natural resources hub and storage centre on the Arabian Sea coast will require over two square kilometres of land to be reclaimed from the Arabian Sea.

The government's main development focus, other than industrial development, is tourism. Plans are currently underway to triple the present 1500 properties available to tourists by 2012. Some of these new properties will be in the recently announced Al Fujairah Paradise resort; this resort will house hotels and an estimated 1000 five star villas. The resort is scheduled to be completed in the next two years. Several other tourist resorts and hotels are rumoured to be in the planning stages for this emirate, as national and international tourism is projected to continue its strong growth in this unique, unspoilt emirate. Sandcastles Property offers for sale a wide range of property in Fujairah [ http://www.sandcastles-property.com/property/sale/fujairah.html ] and property for sale in Dubai. ]]> UAE Property Guide, Part 3 Of 8 - Ajman Property http://www.artwoo.com/article/uae-property-guide-part-3-of-8-ajman-property http://www.artwoo.com/article/uae-property-guide-part-3-of-8-ajman-property#comments Tue, 05 Feb 2008 15:35:00 +0000 united arab emiratesal ameerarashid al nuaimisharjah international airportprincess villagecommercial towerresidential towers http://www.artwoo.com/article/uae-property-guide-part-3-of-8-ajman-property United Arab Emirates (the UAE). Ajman is the smallest of the emirates with an area of only 260 square kilometres. The main city of the emirate of Ajman is also called Ajman or Ajman City to distinguish it from the emirate, and to avoid confusion. The emirate of Ajman is geographically located on the coast of the Persian Gulf between the emirates of Sharjah and Umm al=96Quwain.

Ajman was the third of the emirates of the UAE to allow foreign freehold ownership of property which has resulted in huge numbers of investors, both foreign and local, expressing interest in the emirate. This interest has, in turn seen the initiation of several property developments in the emirate to cater for this interest. Primary among them is an area known as New Ajman, an area of land along the Emirates Road. This area will contain many new developments and projects which have been envisioned by the ruler of the emirate Sheikh , with the chief development being The Emirates City. The New Ajman area and Ajman city in general is centrally located in the heart of the UAE, it is only a 30 minute drive to Dubai and a 20 minute drive to the .

The Emirates city development is a residential and commercial development consisting of 72 commercial and ranging from 20 to 50 floors. The development will be surrounded by two lakes and beautiful green parks as well as containing educational and medical facilities, mosques, five star hotels and a shopping district. Interest in the Emirates city development is huge, with several of the towers having already been fully sold.

Village (which is also known as the ), is another of the freehold commercial and residential developments being constructed along the Emirates Road in Ajman. This development will consist of a shopping mall, commercial areas, a , hotel apartments, as well as 41 residential buildings. The development will be fully landscaped with fountains, gardens, parks and a 500 metre long boardwalk. Al Ameera Village will house all of the amenities you would expect from a development of this standard including mosques, swimming pools, gymnasiums, just to name a few. The development also features ample parking and wide roads to make traveling and commuting around the village a pleasure. Al Ameera Village is expected to be fully completed by mid 2008.

The National Centre for Real Investment Development Company has also built, and is constructing several residential towers for freehold ownership in various areas of Ajman City. The Al Naeyiyah towers project which consists of thirteen towers built in two stages was the first freehold residential development in Ajman City. The developers followed with the Al Khor towers that are built close to the Ajman Khor Creek, which are identical to the Al Naeyiyah towers. The next offering from this developer was the Al Rashidiya Towers constructed in the Rashidiya area of Ajman, these towers look similar externally to their other offerings but have a different internal layout. Sandcastles Property offers for sale a wide range of property in Ajman [ http://www.sandcastles-property.com/property/sale/ajman.html ]from villas to hotel rooms. Ajman property, in the UAE, is becoming one of the worlds premier property investment opportunities. ]]> UAE Property Guide, Part 6 Of 8 - Ras Al-Khaimah Property http://www.artwoo.com/article/uae-property-guide-part-6-of-8-ras-al-khaimah-property http://www.artwoo.com/article/uae-property-guide-part-6-of-8-ras-al-khaimah-property#comments Mon, 11 Feb 2008 14:29:59 +0000 sharjah and fujairahunited arab emiratesras al khaimahsultanate of omanhole golf courseal hamra villageresidential dwellings http://www.artwoo.com/article/uae-property-guide-part-6-of-8-ras-al-khaimah-property United Arab Emirates. It is situated in the north of the Arabian Peninsula and is bordered by the emirates Umm al-Quwain, and the .

was the second emirate of the United Arab Emirates (the UAE) to allow foreign freehold property ownership, and was the first emirate to actually pass a law granting foreign nationals property rights. This early entry into the freehold market has meant that there are many exciting property developments constructed and under construction in Ras al Khaimah City.

The first freehold development built in Ras al-Khaimah is , a premium beachfront real estate and tourism precinct. The village is situated 40 minutes drive from Dubai International Airport. The development houses three hotels, over 1350 of various sizes and types, a shopping mall, 18 , marina and a 5 kilometre jogging track among other numerous features. The development is also home to a man made island that houses a 22 floor, 400 room, five star hotel; the island is linked to the main development by a bridge.

The Cove is the second freehold development to be built in the emirate of Ras al-Khaimah and is a beach resort of approximately 50 acres. It will include a five star beachfront hotel and over 130 Nubian style furnished chalets.

Currently due for completion is the Julfar Towers, a commercial and residential freehold development consisting of 40 story residential and commercial towers built over a three level podium of retail and food outlets. The commercial tower will house 468 office units of various sizes whilst the residential tower will offer accommodation ranging from a limited number of exclusive duplexes, and 349 apartments ranging from four bedroom deluxe flats to studios. The Julfar Tower complex development will offer a wide range of ameneties including a kindergarten, fitness centre, advanced business centre and parking for over 1500 cars, along with breathtaking views of the mountains, mangroves and creek.

There are two man-made island developments currently under construction in Ras al-Khaimah, these are Saraya Island and Al Marjan Island. Saraya Island is a tourist development that will include three man-made islands, onto which three luxury hotels, 200 villas and cultural and commercial venues will be placed.

The Al Marjan Island development is a series of five coral shaped islands that will extend two kilometres into the Arabian Gulf, 27 kilometres from the city centre. The development will include a water theme park, a marina and marina village, 10 major hotel sites and fifty large villa sites. The main development is due for completion by 2009. A sub development of the Al Marjan Island development, the Gateway, is a residential and commercial development that will house fifty thousand residents and is being constructed in five stages which have a completion date of 2012. La Hoya Bay is another development being built on Al Marjan Island, a residential, commercial and leisure project. The project will be built in six phases with the first phase scheduled for completion in March 2008. Sandcastles Property offers for sale a wide range ofproperty in Ras al-Khaimah [ http://www.sandcastles-property.com/property/sale/ras-al-khaimah.html ] and property in Dubai from villas to hotel rooms. ]]> A Guide To Land Banking http://www.artwoo.com/article/a-guide-to-land-banking http://www.artwoo.com/article/a-guide-to-land-banking#comments Sat, 15 Jul 2006 02:27:05 +0000 private investorsland parcelsland investmentfreeholdprofitsinvestment conceptinvestment company http://www.artwoo.com/article/a-guide-to-land-banking investment concept that allows smaller investors to own a piece of valuable land.

How does land banking work?

When large parcels of land are put up for sale, they are usually far too expensive for a single small investor. Land that's in a good place for residential or business development is usually either bought by a company or by a property developer. The owner then "banks" or holds onto the land until they are ready to sell it or develop it. During this time, they can parcel the land up into smaller, much more affordable section and sell these sections to . Each investor holds the to their land, and can sell at any time, although the best are usually realised when planning permission is granted for the site.

How much does it cost?

The cost of the land to small investors will depend upon the type of land, the potential for development and the size of the land. For as little as £5,000, investors can buy a good-sized piece of land in a prestigious location. You can, of course, choose to spend much more, and the are often graduated in size to accommodate a range of investors.

Is it complicated to buy?

Land is easier to buy than property. It is still a legal contract, though, so it's worth getting it checked by your solicitor. The straightforward nature of the purchase means that it can often be completed within 28 days.

Can I sell it?

In most, if not all cases, when you buy the land, you also acquire the freehold. This means that you can sell the land on at any time. Most people hold on to their property for between 2-8 years, to realise profits from the development of the site, but you can sell whenever you want or need to.

Where do I start?

If you're interested in land investment, then talk to a land agent. They will have a variety of sites on their books and have the experience and expertise to guide and advise you throughout the process. Nationwide specialises in land acquisition and sale across the UK. For more information or to download a brochure, click on http://www.nationwide-land-estates.co.uk ]]> Floating World - Mooring http://www.artwoo.com/article/floating-world-mooring http://www.artwoo.com/article/floating-world-mooring#comments Thu, 29 Nov 2007 05:30:01 +0000 residential mooringsresidential mooringwhich means thatowning a boatinland waterwaysfourteen dayscareful consideration http://www.artwoo.com/article/floating-world-mooring owning a boat and therefore needs some . There are about 3,000 miles of in England and Wales alone, including a wide range of mooring so it's important to fully understand the practicalities involved.

In this article we identify the most common types of moorings that you will come across and the associated costs involved. The information contained may be used as a guide to help you find and purchase the right mooring.

It is advisable to find a proper before you buy a boat or another option is to buy a boat that already has its own residential mooring. This is because you won't be able to get a licence for your boat until you have a mooring arranged. Moorings are also in short supply in many areas of the UK, so it's important that you should find one as soon as you can.

There most common types of mooring are:-

Long Lease/Freehold Moorings

These types of moorings are rare, in high demand and represent around 5% of moorings on the Thames. Due to this they tend to be more expensive and demand higher deposits-a minimum of 50% will be required. Many moorings are provided by private companies, typically in marinas.

Alternatively you may opt for continuous cruising you do not remain in one place for longer than or such longer period, as is reasonable in the circumstances. However this is not a sustainable existence as you will have to move your boat on and on again and again.

Premium

Residential moorings require planning consent and as there are often large waiting lists of applicants which can make finding a mooring tricky. The value and therefore the price of the mooring is generally calculated by the value of the boat and the mooring as two distinct items. The boat and the mooring will then be packaged up (usually with a mark up) to set an asking price. In this situation you purchase the boat and the right to moor only- Please note you will not own the mooring. Mooring fees will also have to be paid to the mooring owner.

Premium moorings can be on month to month or year to year arrangements however most moorings generally last for about 12 months. Security may be a concern and in order to secure your mooring 100% you would need to buy a long lease or freehold mooring which would inevitably add to the asking price. This would protect you from your mooring agreement being terminated at short notice. However there is a negligible chance the mooring will cease to exist as the mooring owner is effectively acting as a landlord by renting the mooring to you. Like long lease/freehold moorings a 50% deposit is usually required.

Life on the water follows the same 'location, location, location' principle as the bricks and mortar property market and is probably the most important consideration when buying and renting a mooring. For more information about buying a mooring, please visit experienced yacht brokers Inwards Marine, at http://www.inwardsmarine.com Based in Europe Inwards Marine have offices in the UK, Switzerland and Monaco. ]]> Real Estate Law: Damages For Breach Of Warranty Covenants By A Seller http://www.artwoo.com/article/real-estate-law-damages-for-breach-of-warranty-covenants-by-a-seller http://www.artwoo.com/article/real-estate-law-damages-for-breach-of-warranty-covenants-by-a-seller#comments Sun, 10 Jun 2007 13:29:51 +0000 breachcovenantgeneral warranty deedown real estateaccidentallyencumbrancesmortgage http://www.artwoo.com/article/real-estate-law-damages-for-breach-of-warranty-covenants-by-a-seller own real estate and sell it to a buyer under a , you can be liable to the buyer years later for some defect in the title that you didn't even know about at the time you sold him the real estate, and you could end up having to pay the buyer up to the amount that he originally paid for the real estate, or in some cases the value of the land if it is more than what the buyer actually paid. Here's how it could happen:

(1) If you the of Seisen or the covenant of the Right to Convey:

You can breach these by not having a freehold estate at the time you sold the real estate (you were only renting the property, for example), or by having a freehold estate that was illegal and didn't give you the right to sell it to anyone. You can't easily breach the first covenant , but it is possible to accidentally breach the second covenant. Damages will amount to the price the buyer paid for the property or whatever portion of it you failed to legally transfer to him. Some courts won't even require to transfer the property back to you when you pay him the purchase price.

(2) If you breach the Covenant Against

You can breach this one if there is a on the property, for example, at the time you sell him the property. It is, then, quite possible to breach this covenant accidentally because you breach it even if the mortgage was taken out by the guy who sold the property to you and even if you didn't know about it. Damages will amount to either the amount of money needed to remove the encumbrance (pay of the mortgage, for example), or the amount by which the market value of the real estate has been diminished on account of the encumbrance. In no case, though, will damages exceed the value of the land

(3) If you breach the Covenants of Warranty, Quiet Enjoyment, and/or Further Assurances

If your buyer ends up getting thrown off his property by someone who comes along with a superior claim to title to the real estate (you'd be surprised how easy it is for that to happen), you may have to pay the buyer back the amount he originally paid for the real estate (or a proportion of that if he's only been thrown off part of the property). "Real Estate Law in Plain English" is located at http://realpropertylaw.blogspot.com. See also http://realpropertylaw.blogspot.com/2007/05/warranty-deeds-six-covenants-th= at.html. ]]> UAE Property Guide, Part 7 Of 8 - Sharjah Property http://www.artwoo.com/article/uae-property-guide-part-7-of-8-sharjah-property http://www.artwoo.com/article/uae-property-guide-part-7-of-8-sharjah-property#comments Mon, 18 Feb 2008 02:25:02 +0000 gulf cooperation councilunited arab emiratesdecency lawswest coastsmanmade islandsgulf of omanlease system http://www.artwoo.com/article/uae-property-guide-part-7-of-8-sharjah-property United Arab Emirates (the UAE), and the only emirate to have coastline on both the east and of the UAE thanks to its enclaves which border the . The majority of the emirates of the United Arab Emirates are all surprisingly small with Sharjah having an area of just 2600 square kilometres, comprising 16 kilometres of shoreline along the Persian Gulf and extending 80 kilometres into the interior of the country. The emirate of Dubai and the emirate of Ajman both border Sharjah, and with the recent growth of these three emirates the urban areas have expanded to all but meet at the borders.

Sharjah maintains strict under which unmarried men and women are not allowed to mix, and enforces a conservative dress code for men and women. Sharjah is also the only emirate in the UAE in which the possession, consumption or sale of alcohol is banned.

Some emirates of the UAE have only recently started to allow foreign freehold ownership of property, before 2002 the only option available to foreign nationals was 99-year leasehold agreements. Sharjah has not passed any laws regarding freehold ownership by foreigners and the 99 year is still the only option available to non UAE or GCC () citizens who wish to purchase property in Sharjah.

Sharjah has commenced development of the Nujoom Islands which is to be the biggest tourism, residential and commercial project in Sharjah. The Nujoom Islands project will consist of 10 , and three areas of mainland; the development will increase the coastline of Sharjah by 30 kilometres. The development is situated near the town of Hamriya 15 kilometres from Sharjah city. Sharjah also being the name of the major city in the emirate of Sharjah.

The project will be aesthetically pleasing with a ratio of 40% development and 60% landscaped roads, gardens, parks, and beaches. The ten islands will be connected to both the mainland and each other by a series of bridges, and will be separated by a series of water channels. The Nujoom Islands project will house over 40,000 residents and will provide many services and amenities such as schools, banks, mosques, restaurants and clubs. The development will also have several centres spread throughout, including a large commercial centre and nine smaller commercial centres, six centres for light industry and two entertainment centres.

Residential and tourist accommodation for the project will consist of four hotels, two resorts, 145 apartment buildings, 40 high rise towers (for commercial and residential uses) and 1,400 villas set in either park side or waterside locations. The Completion date for the Nujoom Islands is 2010.

Developers have also built and are constructing several towers in Sharjah City including the ABBCO tower, Sharjah Gate, and two towers being developed by Tiger Real Estate, the Al Sandos tower and the Al Taawun Tower. The Tiger Real Estate Towers are being sold on a 99 year leasehold basis with an option to transfer to freehold ownership when, or if, the law permits. Sandcastles Property offers for sale a wide range of property for sale in Sharjah [ http://www.sandcastles-property.com/property/sale/sharjah.html ] and a large range property to buy in Dubai. ]]> Property in Ajman http://www.artwoo.com/article/property-in-ajman http://www.artwoo.com/article/property-in-ajman#comments Tue, 15 Jul 2008 18:36:16 +0000 city of dubaisquare kilometersfree operationsclose proximityeffective ratesajman propertiesarabian gulf http://www.artwoo.com/article/property-in-ajman Arabian Gulf. Among these emirates, Dubai and Abu Dhabi has rose to popularity overshadowing the little Ajman. But the recent developments have proved that this small emirate has something to offer after all. With a small area of 260 and a population of around 100,000, Ajman has continuously thrived to level with Dubai. Today, Ajman is showing its true potential and is being shaped to be one of the next investment hot spots not just in UAE but all over the world.

The main reason why Ajman has role to power is due to its strategic location. Its to the already developing makes Ajman as the second subject for development. Those who are tired with the city life in Dubai usually flock to Ajman to feel a more relaxed and serene way of living. Another why Ajman is being developed to be like Dubai is the affordable properties it offers. Dubai and Abu Dhabi, being the more commercialized now offer higher rates in real estates and other properties hence leaving Ajman to offer cost-. For this, many are attracted to settle to Ajman, having the more relaxed lifestyle as an added bonus.

But since major establishments and buildings are being constructed in Ajman, there has also been a sharp rise of rates in its real estates and other properties. Despite this situation, many are still interested in investing their hard-earned money in this area. There are even reports that indicate a continuos rise of by an approximate of 20%.

The government of Ajman is also the main reason why investors are interested in settle in this area. Their efforts in attracting investors have succeeded because of the many benefits its offers to the different investors that opt to put up their different businesses in Ajman. Among the notable developments that one can witness in Ajman are the Free Zone, which offers a 100% foreign ownership, 20 years tax , 100% repatriation of capital and profits and lastly, no personal income tax from the various levels of investors.

The many benefits that these investors can acquire is the main reason why Ajman is now following the footsteps of Dubai and other progressive places in the UAE. Projects including the new Emirates City caters an excellent array of to-die-for properties which are all competitively prices.

And as you witness today, individuals and investors alike can very well enjoy settling in Ajman. The location definitely serves as a great deviation from the harsh and busy life in Dubai city but still one can taste the very same luxury found in modern day Dubai. So, what are you waiting for? Visit Ajman now and who knows you might end up liking this place. You might even be tempted on buying new properties for your family or even business. Catch the next flight and fly to this wonderful place called Ajman.Buy Freehold Properties in Ajman by Dubai Real Estate]]> Dubai Property For Sale http://www.artwoo.com/article/dubai-property-for-sale http://www.artwoo.com/article/dubai-property-for-sale#comments Mon, 18 Aug 2008 10:50:31 +0000 lucrative industryinternal factorseurope africaafrica asiadeveloping businesstourism industrybloat http://www.artwoo.com/article/dubai-property-for-sale internal factors do not go well. However, your investment can rake in super profits with careful planning, lots of hard work, determination and passion.

There are many options to choose from when it comes to where you can invest your money. One however is real estate and surprisingly, Dubai is one of the top destinations for real estate.

While going around Dubai or even when you go online, the "Dubai Property for Sale" sign is already a common sight. This is mainly because Dubai is one of the fast- areas. Buildings and establishments are built left and right.

Why is Dubai experiencing such a rising development and why is its real estate industry booming?

Aside from being a developed area, Dubai has been rated by Interpol as one of the safest countries to live in. In addition, Dubai is strategically located in the middle of Europe, Africa, Asia and the rest of the Middle East.

This prestige and image makes Dubai an increasingly famous tourist destination and business development area. As years pass by, Dubai has enjoyed a 16% growth rate in the . In 2001, over 3.4 million tourists chose Dubai for their vacation and statistics reveal that this figure will to 6 million in four years, with an estimated 200,000 visitors a day! The tourism industry is developing so fast that supply of hotels, condominiums and other facilities will take up to a decade to catch up with the demand.

A hot Dubai property for sale would have to be condo hotels. Condo hotels allow the owners to own a vacation house in Dubai and yet earn profits when it is not in use. The concept allows owners to have the units rented when unoccupied. With the increasing demand for hotels and lodging in Dubai, condo hotels are being built and sold and these are good investments. To put your mind more at ease, real estate market researches show that investors can very well expect a return of a minimum of 30% on their properties. Investors can expect a rapid turnover in their capital.

Another hot Dubai property for sale is office buildings. With its strategic location and booming economy, commercial buildings are being built especially in the center of the city. Some say that almost 1/3 of the world's cranes are in Dubai for the construction of new buildings.

The economy of Dubai continues to grow and it is very well on its way to being one of the top commercial districts or business areas in the world. With more and more companies setting up offices in Dubai, rental or sale of office buildings is a very wise investment indeed.

Check the statistics. Check the real estate market. Then you may be convinced that investing in real estate in Dubai may be your ticket to wealth and financial security.Looking for Freehold Properties In Dubai or Dubai Property For Sale? Visit Us at: CasamiaStar.com]]> A Glossary of Terms for the Estate Agent http://www.artwoo.com/article/a-glossary-of-terms-for-the-estate-agent http://www.artwoo.com/article/a-glossary-of-terms-for-the-estate-agent#comments Mon, 27 Oct 2008 07:57:22 +0000 mortgage indemnityproperty exchangesecurity feebridging loanadditional securitysolicitorshome buyer http://www.artwoo.com/article/a-glossary-of-terms-for-the-estate-agent
The majority of homeowners are often befuddled when it comes to buying or selling property. This is because it is often a difficult process that requires a level of knowledge to fully understand it. Not only is the process difficult however but understanding exactly what the estate agent is saying is also not easy. This is because the terminology bandied around in estate agent circles is often a language of its own; hopefully the following article will go some of the way to decoding exactly what your estate agent is talking about.

In mortgages the term 'additional ' is often used. This usually refers to the sum that is paid in order to protect the lender. In some circles it is also called a ' premium'.

The term '' is also extensively used in property circles. It refers to the funding that can be given to a before the money from the sale of their house has come through. For many homeowners these are an essential part of funding a new property.

Almost certainly your estate agent will refer to the 'chain', this is not a piece of linked metal outside but instead refers to situation where one buyer needs to sell their house before buying another, often these chains can be rather long extending over a number of different parties. It is labelled as a chain because if one of the links fails often the whole chain will fail.

It is more than likely that your estate agent will mention 'Conveyancing charges', these are the payment for any legal fees that are involved with the property process, normally they are payable to . In addition the term 'contacts race' may be used to describe the situation where more than one party is competing for a particular property.

'Exchange of contracts' is another large part of estate agent terminology. Normally agents pursue this situation as this is the point where a seller has accepted the offer of a buyer and is willing to put the terms of sale in writing.

Two terms that often confuse homeowners are 'freehold' and 'leasehold'. Your estate agent should be able to explain however that the difference between the two is relatively simple. A freehold is property where the buyer purchases both the property and the land it sits upon, in contrast a leasehold property is only the bricks and mortar, and not the plot it rests upon.

'Gazumping' or 'gazundering' are both terms used by the estate agent. Both are negative and refer to the tactics of some buyers and sellers. The first refers to the tactic of sellers accepting higher offers after a verbal agreement has been reached with a buyer. The latter refers to buyers attempting to change the price just before the contracts are exchanged.

The 'structural survey' is something that should always be carried out before buying a property. Normally it will be performed by a chartered surveyor and attempts to find the any structural problems that could arise during ownership of the property, an example would be subsidence.

The 'title' and 'title deeds' are vitally important in the property process. It is only after these deeds have been obtained that legal ownership is guaranteed.

It is hoped that this article has been helpful in providing vital information on the terminology used by estate agents. Moving house is a stressful experience; hopefully with a glossary of terms it will be possible to make the process a little bit simpler and easier.Property Expert, Donald Donaldson, takes a look a glossary of terms for estate agents.]]> Must Have Real Estate Principles For New Real Estate Investors http://www.artwoo.com/article/must-have-real-estate-principles-for-new-real-estate-investors http://www.artwoo.com/article/must-have-real-estate-principles-for-new-real-estate-investors#comments Fri, 02 May 2008 12:18:31 +0000 informed investorfreehold estatesfreehold estateseveraltyreal estate investorsundetermined periodpreferred type http://www.artwoo.com/article/must-have-real-estate-principles-for-new-real-estate-investors Real Estate Investors to have an understanding of some of the basics of real estate so you can be a more-.

In real estate, there are two categories of property, real and personal. Real property is defined as the land and whatever is attached to it, known as improvements. Personal property is everything that is not attached to land or buildings. This is often known as chattel.

A fixture is an item of personal property that has been converted to real property by permanently attaching it. Two examples include chandeliers and cabinets. When they were at the store, they were personal property. Once they are attached to the property, they become real property.

A listing agreement and an agreement of sale specify what is considered as a fixture. If you are purchasing a property, you should carefully inspect this clause to see what you are getting and what you are not getting.

When you purchase real property, you get what are known as a "bundle of rights". These are the rights of ownership. They include the right to occupy, to use, to allow others to use, to rent, to restrict, to construct buildings, to keep others off, to leave and abandon, to convey ownership and to encumber.

A refers to an ownership interest in property for an of time. It is a form of ownership that you get when you purchase a property. There are various types of , with the most being called fee simple. It is the highest and most complete form of ownership possible. It gives you the full bundle of rights, including the right to pass your ownership interest on to your heirs when you die.

There are different forms of taking ownership to a property, and it is a good idea to understand each one and what it means. They are , tenancy by the entirety, joint tenancy and tenancy in common.

Ownership of real property can also be held in a trust. A trust is a legal instrument that is used to protect family ownership interests. A trust has three parties, a trustor, a trustee and a beneficiary. The trustor conveys ownership of the property into the trust, which is then held by the trustee. Based on some event according to the terms of the trust the property is eventually conveyed to the beneficiary.

Title is the right of ownership of property. There are five basic kinds of title - naked possession, color of title, right of possession, good title and complete good title. The purchase of title insurance will insure a "good" title. A title company, or abstract company, will do a complete title search to discover if there are any "clouds on the title".

A deed is a written document that conveys title of real property to an owner. The person who gives or grants the deed is called the grantor. The person who receives the deed is the grantee.

There is a difference between title and deed. Title is the right of ownership of property. A deed is a written document that conveys title to the property. Title is a right. A deed is a document. The two most basic types of deeds are the quitclaim deed and the warranty deed.

A general warranty deed provides a guarantee of good title not only by the seller, but back through the chain of title through all the previous owners of the property. It provides the strongest title protection to the grantee, or buyer.

It is important that every Real Estate Owner and Investor understands these basic principles before purchasing Real Estate. Chris Parks is an Entrepreneur and Real Estate Investor who created Real Estate Investing for Newbies to teach and assist new Real Estate Investors in a step-by-step and easy-to-understand manner. Get Your Free 7-Day E-Course Here: http://www.REIforNewbies.com (c)Copyright http://www.REIforNewbies.com ]]> Are You Looking For A Small Business Loan? http://www.artwoo.com/article/are-you-looking-for-a-small-business-loan http://www.artwoo.com/article/are-you-looking-for-a-small-business-loan#comments Mon, 29 Jan 2007 06:27:12 +0000 small business loanspersonal loans securedshort term loansvague definitionsmall business loanpayday loan companylifeblood http://www.artwoo.com/article/are-you-looking-for-a-small-business-loan
Loan market in the UK is swamped with enormous number of loan options. Different loans have been designed keeping in mind the diverse needs and expectations of the UK residents. A payday loan is lent out till the borrower receives his next paycheque.



Business loans are normally offered on Freehold and long Leasehold properties with Bricks and Mortar valuations required. Legal and valuation fees are payable by the client.

There are numerous reasons to use a . For starters, cash advance personal loans are short-term loans, thus you do not incur longstanding finance charges and fees.

Are you looking for a ?

A small business loan is designed for a wide range of UK small, medium and startup business needs including the purchase, refinance and expansion of a business.

Finance is the of a business. Without it you cannot grow.

are generally available from £50,000 to £1,500,000 at highly competitive interest rates from leading small loan lenders. A small business loan can be secured by all types of UK business property, small and residential properties.



Small Business Loans can offer up to 79% LTV (Loan to Valuation) with variable rates, depending on status and length of term.

Talk to your financial lenders about how you can go about qualifying for these types of loans and you will be well on your way to paying down debt and living a debt free, hassle free lifestyle.

Personal loans are loans taken by people for personal reasons. This might sound as a of personal loans.

Secured loan helps borrowers in making the best use of the equity stored in his or her property that helps him in borrowing a larger amount of loan and that too for a longer loan term.

Consolidation loans have loan terms ranging from 10 - 30 years. A good consolidation loan would be that which fits beautifully in your financial situation. Consolidation loans are advantageous to almost anyone because of the ease with which you can customize them to your financial stability and your choice.

Though these processes are time consuming, they are not superfluous. This explains the reason why fast loans carry a higher rate of interest. By diverting from the normal loan processes, the loan providers are creating a degree of risk involved.

Small business loans are normally offered on Freehold and long Leasehold properties with Bricks and Mortar valuations required. Legal and valuation fees are payable by the client. Small business loans are available for Self-Declaration with CCJ's and Mortgage Arrears.

Small Business Loans cover most types of UK property, including:

* Development property, new and redevelopment

* Country properties

* Retail / offices / factories / warehouses

* Investment and owner occupied

* Leisure buildings (Hotels / Pubs)

* Professional practice premises

You may freely reprint this information on your website provided the following caption remains intact. "This information courtesy of http://www.directonlineloans.co.uk Click here to see full range of loans "

A business loan is designed for a wide range of small, medium and startup business needs including the purchase, refinance, expansion of a business, development loans or any type of commercial investment.

Online processing of loans is of special help in making instant loans possible. Online processing of loans does not simply mean using a computer for sorting and arranging data.

Credit card debts can mount up and get out of control quickly, you can reduce them today! Shop for the best interest rates online and ask questions. Ask specific questions for a secured personal loan. The loan service is not confined to a group of people. Lenders in the UK aim to cater to the needs of each and every individual.

Typically the lender is the U.S. Department of Education rather than a bank or financial institution. The federal government provides four types of direct loan financing. Learn ways to reduce your debts today at http://www.reduce-debt.info ]]> Make More Money From Land http://www.artwoo.com/article/make-more-money-from-land http://www.artwoo.com/article/make-more-money-from-land#comments Tue, 18 Jul 2006 18:27:07 +0000 private investorsmake moneyparcelsinvestment companyplanning permissionprofitsland investment http://www.artwoo.com/article/make-more-money-from-land Land investment is increasing in popularity as it becomes more affordable for individual investors. The realisation that large areas of land are likely to be granted permission for housing developments in the future has encouraged people to add land to their investment portfolio.

How can you from land?

Whilst nothing is guaranteed, carefully chosen land can be an excellent investment. Here's how it works for :

• An researches land that's likely to be developed • The company buys a large piece of this type of land, currently without development permission • The land is sub-divided into smaller • Private investors buy parcels of land for as little as £5,000 • Purchase includes freehold ownership and the investor's name on the deeds • Investor can sell the land at any time • Land will probably increase in value over time • Land will substantially increase in value if is granted

The relative affordability of this land means that it is now a serious investment opportunity for private investors. The land is always bought without any planning permission, which is why it is cheaper, and although there are no guarantees about the to be made, the investment company has usually researched the area including the numbers of new houses needed and the availability of other land locally before choosing which land to buy. This means that the company will not buy land unless it is very sure that it will be granted development permission at some time in the future.

How can you make more money?

A prudent investor may put some of the money generated by their first "land deal" into new pieces of land. This is a medium-term investment, so returns can come in 5-10 years. This means that with careful planning, you could re-invest your profits into a number of different parcels of land, making more money when permissions are granted.

A good land agent can talk you through your first purchase and help you to identify plots of land that fall within your criteria. Strategic Land Investments offers a selection of investment land across the UK. For more information, visit their website by clicking http://www.strategiclandinvestments.co.uk ]]> Financial Terminology: Jargon Buster F-L http://www.artwoo.com/article/financial-terminology-jargon-buster-f-l http://www.artwoo.com/article/financial-terminology-jargon-buster-f-l#comments Wed, 12 Apr 2006 13:00:06 +0000 personal loanscar loansloan providersproperty surveyifashouseholdextra http://www.artwoo.com/article/financial-terminology-jargon-buster-f-l
1. Fraudulent application An application where false information has been used to illegally obtain a loan.

2. Flexible repayment Allows you to vary monthly payments to fit temporary changes in your circumstances. You can pay off some of the loan amount in months where you have excess cash (for example, as a result of a bonus or commission), or you can reduce payments, or even withdraw cash, when you need extra funds. Not common on dedicated .

3. Freehold Outright and full ownership of the property and land.



G

1. Gazumping When before the exchange of contracts a seller accepts a new offer on their house, having already accepted an initial offer.

2. Gross annual income Your Annual Income before any Tax deductions but excluding bonuses.

3. Ground rent An annual charge payable by leaseholders to the freeholder of the land - normally due for flats or apartments.

4. Guaranteed loan A term commonly used in direct marketing campaigns by . Essentially, loan providers conduct a credit score on their existing customer base before targeting these customers in a mailing campaign. The loan company then knows that all applicants targeted qualify before they apply. The customer also has the knowledge they will be approved. The aim is to improve take-up rates from direct mailing campaigns.

5. Guarantor A person who promises they will pay the borrower's debts if the borrower fails to.



H

1. Helpdesk A service provided by an organization to provide support during and after the application process.

2. Homebuyers report A aimed at providing more information than a mortgage valuation but less information than a full structural survey. It will help the borrower to decide whether to purchase and help the lender to decide how much to lend.

3. income The total income of all members of a household. It is used by loan providers in evaluating applications for joint .



I

1. Stands for Independent Financial Advisor. These advisors should be able to offer you the full range of products from all of the financial product providers or from a panel of provider that they believe to be the best. Can be one man bands up to multi-national companies. IFAs should carry out fact finds on you in order to help them recommend the best courses of action for your finances.

2. Interest only mortgage A mortgage where only interest is charged during the mortgage term. The capital will need to be repaid at the end of the term, usually from the proceeds of an investment plan such as an endowment policy.

3. Interest rate The percentage to be paid by you on the capital borrowed. Interest rates vary from loan provider to loan provider. A standard calculation of the total cost to you of borrowing money is presented as Annual Percentage Rate (APR) charge. You can use APR (or typical APR) to compare the cost of various loans.. The APR will include the interest rate charged, and any other charges that are associated with taking the loan.



J

1. Joint credit Credit issued to a couple based on the assets, income and credit history of both people. Both parties are responsible for making repayments according to the terms and conditions of the loan.



L

1. Land Registry Certificate Provides details of the property including a plan and, if the property is leasehold, a copy of the lease.

2. Land Registry fee A fee paid to the Land Registry to register ownership of a property.

3. Leasehold If you buy a lease holding, you own the property for a set number of years, after which the freeholder owns the property. Most flats in England are leasehold. Legislation has recently been brought in to enable leaseholders to club together to buy the freehold.

4. Life assurance An insurance policy that pays a lump sum on death, normally to cover the repayment of a mortgage if the borrower dies during the term.

5. Loan application form A form that must be completed by you to become a personal loan customer.

6. Loan provider A bank or other financial institution that offers personal loans.

7. Local authority search Questions to the local authority regarding plans for new road building, planning permission for any building work previously carried out, connection to the mains sewer, etc.

8. Lock-in period This is the number of years that you have agreed to stay with the lender. Depending on the deal, it could be as low as six months up to the whole of the term. Should you attempt too pay off the mortgage or remortgage during the lock-in period, you may be liable to pay redemption penalties. Always make sure you know how much you are locked in for with your mortgage.

9. Loan to Value (LTV) The size of a mortgage as a percentage of the value of the property (or its purchase price) About The Author: Richard can be found at: http://www.hallamfinance.com - Loans and Mortgages for People Who Are Different ]]> Free Advice On French Lease Back Property http://www.artwoo.com/article/free-advice-on-french-lease-back-property http://www.artwoo.com/article/free-advice-on-french-lease-back-property#comments Wed, 25 Apr 2007 22:50:00 +0000 french leaseback propertyproperty management companyascertainvat rebatesubstantial tax benefitse9income scheme http://www.artwoo.com/article/free-advice-on-french-lease-back-property French leaseback property, also known as LMNP, for lou= meubl=E9 non-professionel, was introduced in the early 1980's by the French government to increase the quantity of holiday accommodation available.

French leaseback investment property

French leaseback property is principally bought for investment purposes and is a relatively low-risk, hassle-free, long-term, steady rental income investment that receives . Put simply, it is a guaranteed rental .

Leaseback property, which is freehold, is `leased back' to a pre-selected for a fixed term, usually between nine and 11 years, but which can extend to 18 years from inception. The management company furnishes and lets the property, providing a guaranteed rental income. The guaranteed rental income tends to range between 2.5% and 6% per year depending on the property, its location and whether or not you will be taking holidays in it. Different management companies offer different rental incomes.

Buying property in France

When buying French leaseback property it is important to check the contract to the amount of personal usage allowable per year, as this can vary.

At the end of the initial fixed term and depending on the contract, you can either: exit the lease or renew it with the management company. At this point you should be able to negotiate your rents upwards. It is very important that you check the terms of the contract and the reputation of the management company.

Whilst capital appreciation can occur, leaseback should principally be viewed as a means for receiving a guaranteed rental income (yield).

French leaseback property tax advantages

French leaseback property attracts significant tax advantages. Under the terms of the scheme, leaseback property qualifies for a 19.6% , for example, if the price of your leaseback property is =80100,000, the VAT saving means that you only pay =8083,612. Additionally you can benefit from not having to pay any capital gains tax if you keep your property for 15 years.

Another major benefit for investors who do not take any personal usage is the possibility of it being placed within a SIPP (Self Invested Personal Pension). Whilst it is dependent on the SIPP manager whether or not they will accept the property, placing property within a SIPP attracts major tax advantages. See our SIPP property section for a further explanation of the associated tax benefits. Ewan McGarrie writes about French leaseback property and related items at http://www.propertyinvestment.co.uk/ ]]> Log Cabins For Christmas And Extra Income http://www.artwoo.com/article/log-cabins-for-christmas-and-extra-income http://www.artwoo.com/article/log-cabins-for-christmas-and-extra-income#comments Tue, 25 Mar 2008 23:19:57 +0000 christmas wish listlog cabin kitswindow shuttersdrill hammerdiy storeswindow boxeschristmas period http://www.artwoo.com/article/log-cabins-for-christmas-and-extra-income Christmas wish list, but if you have your parents, in-laws, aunts, uncles and numerous children descending on you over the , a log cabin used as a guest room could give you the extra space you need for your guests.

To determine what sort of log cabin will suit you, there are a few questions that need to be answered:

How much space do you have for a log cabin?

Unless you have a garden the size of a postage stamp, there should be a log cabin to suit you. Many log cabins are designed for smaller gardens where space is limited, and if space is not an issue, you could have a log cabin the size of a small house with two storeys.

Who will use your log cabin?

If young and old alike are to use your log cabin, it would be best to have a log cabin with a double door entrance so prams and wheelchairs can be easily accommodated.

What is your budget?

Small log cabins start at about =A3600 and can run into thousands for very large log cabins with all the extras =96 such as a veranda, double-glazing, , , etc. A good log cabin company will stock log cabins to suit all budgets.

Which type of log cabin should you choose?

Log cabins usually come in a high-quality DIY kit form. The come in a variety of wall thickness, ranging from 28mm to 45mm and are normally made from pre-cut, pre-notched, tongue and grooved kiln dried timbers for quick assembly. Shopping online is a good place to look for log cabins as they display a range of designs, provide details about each log cabin, and are often cheaper than garden centres or .

Who is going to build your log cabin?

For some people, the idea of erecting their own log cabin is met with delight and enthusiasm, and it can be a rewarding and satisfying experience. Most log cabins only require quality basic tools, for example: a drill, hammer, screwdrivers, and a level and good log cabins come with detailed building instructions to guide you all the way. For other people, the idea of erecting their own log cabin is, well, abhorrent! The best option would be to find a local builder, or the log cabin company could recommend one for you.

Once your log cabin is built, the only problem you'll have are your relatives fighting over who is going to stay in it!

When Christmas has been and gone, instead of leaving your log cabin empty, collecting spider webs and dust, it could earn you money as bed and breakfast accommodation. Who could resist staying overnight in a rustic yet modern accommodation? And tax-wise, a BandB can prove to be very beneficial as a home based business. However, before you start, you should check with your local planning authority, as you'll be changing your home from residential to business. If you think a BandB would be too much work, you could rent it out to a lodger, so you would have a steady income every week/month. If you own freehold property, you will need to inform your insurers about a lodger, and if you have a mortgage, you may need permission from your mortgage lender.

Log cabins may not be what most people would choose as a Christmas present, but there aren't many gifts that provide additional space for the home, and a way to earn extra income. For more information visit http://www.gardeningthoughts.co.uk/ ]]> Buying Property For Sale in Cyprus - The Essentials http://www.artwoo.com/article/buying-property-for-sale-in-cyprus-the-essentials http://www.artwoo.com/article/buying-property-for-sale-in-cyprus-the-essentials#comments Tue, 14 Oct 2008 16:08:23 +0000 self catering cyprus apartmentsproperty for sale in cyprusinitial purchase pricedoom and gloomcyprus holidaycyprus propertyworld crime http://www.artwoo.com/article/buying-property-for-sale-in-cyprus-the-essentials doom and gloom -- is it any surprise that buying is still popular? Despite the value of property falling in the UK, the market prices in Cyprus are holding steady and even increasing, making it still a great investment. For example properties like are sought after for holiday homes and also for rentals when not in use by their owners and buying a home and villa is making many buyers think about moving to the island permanently to enjoy stress free living in the sun.

Buying property for sale in Cyprus is easy and safe and many of the procedures will be familiar to UK home buyers. Buying off-plan is the most cost effective way to buy, it means that you purchase a on a development some time during the planning and construction phase. Buyers are guaranteed a lower compared to the finished value, with the greatest returns being gained from buying in the early stages. Payment terms are typically a 3,500 Euro reservation fee to take the property off the market with a 20% to 40% deposit being payable within 30 to 60 days of signing the sales contract. Flexible staged payments are then made until completion, with the final payment paid on delivery.

When buying property for sale in Cyprus the deposit paid guarantees the sale price and it also buys that specific plot of land which gives you maximum security on your purchase - the land will be registered against your name at the land registry and this will be attached to your contract of sale. Other than the deposit there are 2 other costs that are payable upfront. Firstly are the solicitor's costs, it is strongly suggested that you appoint a lawyer that is independent of the developer so there is no conflict of interest and the contract of sale is drawn up in your best interests. The costs are dependant on purchase price. The other payment that is required up front are for land registry stamps; this is a government charge that is payable for the official stamps on your contract. This is based on the purchase price and is charged at 0.0015% up to €170,858.40 and the remaining balance is charged at 0.002%, plus €6.83 for the actual stamp.

After buying property for sale in Cyprus and the development is completed the title deeds for the property are issued, a fee is payable to transfer the freehold ownership to the new owner. For a property bought in joint ownership the costs would be 3% up to €170,858, 5% between €170,860 and €341,720 and 8% over €341,720. This cost will be payable 3-5 years after completion, if the property is sold in the meantime the cost is transferred to the new owner. When the charge is calculated it will always be based on the original sales price.

Here are the basics of buying property for sale in Cyprus whether for self catering Cyprus apartments or buying a Cyprus holiday home and villa the procedures are simple and straight forward with built in security for buyers. Buying property for sale in Cyprus is a great investment and may even be life changing if you choose to come and join us in the sun permanently.Kate Deas-Smith is in the buying property for sale in Cyprus market. Here are basics to buying a Cyprus holiday home and villa.]]>