The Very Latest Stories in the

Property World

Barbados real estate increased by 15.8%

When thinking about holiday destinations, many people will consider Barbados to be a place to visit. Barbados is an island located in the eastern Caribbean area. It is home to many wonderful attractions, including many beaches, botanical gardens and beautifully formed caves. What is more, there are many local traditions which you can enjoy, such as afternoon tea or watching the cricket (to name but a few). Of course, Barbados is a wonderful holiday destination, but it is also becoming a good place to buy a property. As of late, property investment in Barbados has improved. Let us, therefore, explore why one may wish to invest in a property located in Barbados.

Since 2018, investment in property in Barbados has improved by around 10%. This is largely due to improved market sentiment. The increased confidence in the market has led to greater amounts of investment and more economic growth in Barbados. This is particularly prevalent in the West and South coast where the sales of beach-house condos increased by 15.8% and 5.6% respectively.

It is relatively easy for foreign investors to buy property in Barbados; therefore, meaning that it is a good place to buy. Barbados seems to be relatively dependent on foreign investment, so it would be interesting to see how the housing market would be without such investment. Perhaps it would still be the place to buy due to the fact that mortgage rates are very steady.

In summary, these are just a few of the reasons why property investment in Barbados has improved and may continue to improve. In order to ensure that you are investing correctly, please do research before doing so. This will enable you to maximise your profits in places such as Barbados.

The future is in Zero Carbon smart Homes!

Sustainable zero carbon smart homes for the future!

The modern world is riddled with pollution. There are so many things which pollute the atmosphere, causing serious, long-term damage. A large amount of pollution is caused due to the building of new houses. Pollution is a really important issue which could drastically change life in the future, so it must be dealt with properly. That is why the invention of Verto Homes is so amazing. Verto Homes create sustainable zero carbon smart homes, which use and produce their own renewable energy. Investing in Verto Homes could change the future, so let us have a deeper look into the scheme.

Verto Homes produce homes by using sustainable materials. These materials are highly innovative and environmentally friendly, therefore meaning that they’ll have nothing but a positive impact on the environment. What is more, Verto Homes have implemented new home-automation technology, in order to provide their customers with some luxury features. We see, therefore, that Verto Homes have been able to be environmentally friendly whilst always providing their customers with the best.

It seems that investing in Verto Homes can not only be good for the environment, but it can also be good for your long-term financial standings. You will benefit in the long-term due to the sustainable nature of the houses built by Verto Homes. It is, in our opinion, a truly brilliant scheme to invest in. For more information on Verto Homes, you should check out their website. It will show you the wonderful investment opportunities that they have on offer, so don’t miss out!

If you are interesting in investing in Verto Homes, please register your details with our client Hunter Jones https://www.hjinvest.com here https://www.hnwgloballeads.com/hunterjones/bonds/7/

What makes student accommodation an attractive asset?

Jerald Solis, Director, Experience Invest

The UK stands out as a leading provider of higher education, accommodating some of the world’s top ranked universities.

The most recent 2019 QS World Rankings saw UK universities secure five of the top 20 places. What’s more, British universities also took first place in 13 out of 48 subject rankings, demonstrating the country’s expertise across a spectrum of disciplines.

It should come as no surprise then that undergraduate and post-graduate students from all around the world are readily flocking to UK universities. According to UCAS, over 500,000 international students study in the UK every year. Coupled with high numbers of domestic students, this means there is consistently high demand for suitable, term-time accommodation in university cities and towns.

Over the years, student accommodation has become a leading asset class for domestic and international property investors, yet for those who are unfamiliar with the market, student accommodation can seem overwhelming and complex. So, for buy-to-let investors keen to pursue new opportunities in this market, what are some of the factors to bear in mind?

What is PBSA?

Of the two most common forms of accommodation that students studying away from home might consider, Purpose-Built Student Accommodation (PBSA) might not be as familiar as traditional, private rented accommodation.

Unlike the latter, PBSA is built specifically to suit the particular needs of today’s students. It typically refers to one or more blocks of flats that are complete with other facilities to service the student tenants, such as laundrettes and catering.

In 2017, the UK PBSA market was estimated by Knight Frank to be worth £46 billion; but importantly, this number is growing. To meet the demand for bed spaces, the provision of PBSA is also on the rise – some 11,000 purpose-built student bedrooms are due to be delivered in the 2019/2020 academic year.

So how are investors responding to the flourishing market? According to a recent independent survey commissioned by Experience Invest, there is strong appetite for this type of property; in fact, almost one in four (24%) of the 500+ property investors polled said they were considering investing into student property in 2019.

What to consider when choosing to invest in a PBSA

For those considering investing in PBSA, there are a number of key factors to consider – namely, location, and the quality of amenities.

As with any property, the location is often key to a successful investment. And with student property, there are certainly a number of key hotspots that offer promising potential.

For one, investors should keep an eye on towns and cities boasting two or more well-regarded universities. Otherwise known as mature markets, these locations are typically home to a large student population.

Examples of mature markets include Liverpool and Newcastle, where investors can find opportunities like Aura Student Liverpool and Opto Student Newcastle. These contemporary new-build developments offer high-quality facilities that cater to the diverse needs of the modern student.

However, it’s not just the city or town itself that is important. The location of PBSA is also extremely significant. Not only should they be within close proximity to university grounds, they also need to cater to the lifestyle needs of students. This means having close access to things like bars, restaurants, cafes and parks.

We must remember that student demands for accommodation are not what they were 20, or even 10 years ago. As a result, PBSA need to house the facilities and amenities that reflect modern student demands.

Developments that offer residents contemporary living facilities like gyms, laundrettes, and even games rooms are likely to draw students looking for the convenience of on-site amenities. Particularly with a growing emphasis on maintaining a healthy lifestyle, many students will be looking for these ‘extras’. A survey of UK-based students by SPCE uncovered that the average spend on monthly gym memberships now far outstrips the money spent on alcohol. Furthermore, fast, reliable Wi-Fi is now a necessity in any student accommodation.

Finding a PBSA that appeals to the modern student does not need to be complicated if investors know where to look. Meanwhile, with a strong pipeline of developments in the works, the options for those considering investing in the student property market are steadily expanding, with some exciting opportunities on offer across the country.

Mallorca is the place to buy

Mallorca, also known as Majorca, is an island located in the Mediterranean. It is one of Spain’s best known Balearic islands and is also a wonderful holiday destination for all people. It has so many beautiful sights and experiences to offer, thus making it perfect for any individual looking to have a good time. As of late, people have been arguing that Mallorca is the best place to buy property. This argument can be supported from many different angles and so I’d like to briefly explain why I think that Mallorca may be a good place to buy property.

According to Mark Harvey, the head of the European Sales Network at Knight Frank, it seems that Mallorca is a good place to buy property because it is a good commuter option for people in Northern Europe. It offers people the chance to travel to places such as London or Stockholm with ease, therefore making it a perfect place for people to locate themselves.

What is more, Mallorca has attracted a lot of people because of the large amount of golf facilities. People attracted by these facilities have decided to buy second houses in Mallorca in order to make the most of the wonderful opportunities that they have there. As well as golf, people have the opportunity to experience the trendy and cosmopolitan lifestyle that Mallorca has to offer. All of the above factors make Mallorca a wonderful place to buy a house.

Finally, one could argue that it is quite easy to buy a property in Mallorca due to the excellent real estate agents working there. The aforementioned reasons make Mallorca a very popular place to buy a property, be it for permanent residence or simply as a holiday home. Whatever the case, I would conclude by saying that you should ensure that you’ve conducted adequate research before you try to purchase a property in Mallorca.