Monthly Archives: June 2019

Condominium Of The New Age

What made condominiums popular in the Philippines? According to many Filipinos, condominiums are some of the most popular types of housing in the Philippines today. What made these types of residential Philippines properties for sale popular among many Filipinos, particularly in today’s rapidly changing lifestyles, is its location.

Because of today’s modern trends, Filipinos sought for new types of housing which can provide them with everything they need. And because condominiums were known for its location, which is similar to that of many apartment buildings at that time, condominiums rapidly grew popular in the market.

However, other than its location, a number of new condominiums have been introduced in the market which is also known for its location, but in the city. These new residential Philippines properties for sale are known as condominium complexes.

A new condo in the market Condominium complexes are types of condominiums which is similar to townhouse complexes, which are types of popular townhouses in many Asian countries such as in Hong Kong. Condominium complexes, like townhouse complexes, became popular because of its location, which is found in the heart of some of the most peaceful locations found in the Philippines, such in the outskirts or even in provincial areas.

The difference of condominium complexes from typical condominiums found in the city is not only with its location, but also because of its family-oriented environment, which is very different from that of the city. Compared to condominiums in the city, these types of Philippines properties for sale are far more popular among many Filipino families, and because of its locations, parents can rest assure that their children will remain safe while inside the compound.

However, there is one disadvantage of condominiums, which is also with its location. Because most of these are found in the outskirts or even in provincial areas, many residents may find it hard to get back to the city where they mostly work, particularly because of rush hour. But there is a benefit in which residents can get from living in a condominium complex. This is with its amenities.

Compared to condominiums in the city, these types of Philippines properties for sale are known for their amenities which is similar to that of townhouse complexes. These amenities include swimming pools, gyms, recreational parks, as well as playgrounds.

Condominium complexes in the city Other than in the outskirts, a number of condominium complexes are also found near cities such as those found around Ortigas, Pasig City. However, compared to condominium complexes in the outskirts, these are usually more expensive. For more information visit to our site at http://www.ayalalandpremier.com

Building a Home Gym The Right Way

Building your own home gym can help save you a lot of time, money and frustration. What you need to know is your desire fitness goal which will help you get the right equipment that will help you reach your results ultimately. This article provides things you need to know when purchasing the right gym equipment for your home.

It is very important to realize your fitness goal when considering buying home gym equipment. After you know what your goal is, it will be much easier for you to decide the right equipment that will help you reach that results. No single person has the same goals. Some want to lose extra weight or get rid of excess fat or stay healthy or build muscle mass. If your fitness goal is to build your muscle mass, one of the best equipment that does the trick is strength-training benches. Normally, the benches come with everything you need to build yourself a nice muscle mass. Some type of benches can be adjusted to allow you to work on both entire upper body and lower body. There are, however, some people whose fitness goal is nothing to do with weight loss or fat burning or bodybuilding. Rather, some want to gain more weight. Thus, when buying gym equipment for your home, it is very important to realize your fitness goal and your ultimate results.

You may want to consider buying a basic home gym and fitness DVD set, to start your fitness journey. You may find that some DVD sets not only offer workout DVDs but also fitness equipment, workout guide, diet plan and exercise chart as well. The advantage of these type of DVD set is you are provided with equipment that you can use along with it. If you are serious about staying fit, you may need to consider buying a full home fitness system which offers DVDs, paper guides and fitness accessories such as med balls, straps and fitness mats. They may come with special gadgets such as heart rate monitor or pedometer to help you keep track of your health.

Your home space and your existing health problems need to be taken into consideration when considering buying gym equipment. It is not a good idea to find out later that the equipment you just purchased does not fit your home or may be harmful to your health. Thus, if you have pending health issues, do consult with your doctor in advance of buying any gym equipment.

You will find that some home gym equipment are costly. The good news is you can find products with deep discounts easily online. All you have to do is hop over several online stores to do a comparison of different equipment and prices. It is a good idea to check product reviews from trusted sources before pulling your credit card out from your wallet.

No matter what your fitness goal is, to achieve that result, you need the right gym equipment, strong commitment and actionable workout schedule. There is no point to find out later that the equipment you just purchased is not suitable for your health conditions or too big for your home space.

If you are unclear on the kinds of home gym equipment that can help you achieve your fitness goal, stop by home gym reviews for more info on the best home gym equipment available today.

Condominium & HOA Management – Association Management

How a condo is managed can quickly determine its success or failure. While many small condominiums can be self-managed, it is almost a necessity for medium to large-sized condos to hire an outside HOA management company to handle the responsibilities. Cost and time are the two most influential factors all associations will consider when deciding upon the style of HOA management, whether it be through HOA property management or self-management.

The number of units in the condominium will be the main determinant of the cost for what style of management will be implemented. Generally speaking, the majority of professional property management companies will not manage a building with fewer than twenty units because it is simply not cost-effective for them. It is also not cost-effective for a small building because they generally have limited operating budgets.

A positive aspect of HOA management companies is their solid relationships with vendors and legal firms in the event an issue with HOA laws arises. These relationships mean that vendors and law firms will make every effort to provide great service. The vendors know they will be paid on time by a stable management firm, and this will translate to repeat business. A self-managed condo association typically does not have that kind of pull with service providers.

When condos choose self-management, however, things do tend to get accomplished just as well as when handled by professional homeowners association management. When the owners have a personal stake in the success of the association, things tend to function well. Self-management of a condo also creates a sense of community for the owners. It is quite possible for owners to work together effectively when operating procedures are established and duties are delegated in a fair and consistent manner. Subsequently, a strong sense of accomplishment will be felt among the members when the tasks are accomplished through a concerted team effort.

Self-management should only be entertained when there are owners available who have not only plenty of time available to them, but also the broad range of knowledge required to address a variety of condo management issues all the way from finances to maintenance issues. The cost of correcting errors made due to poor management skills can quickly exceed the cost of simply allowing a professional to perform the job.

Of course, HOA property management companies can also be quite expensive, and a company may not always choose the most cost effective methods of getting something done. The vast majority of homeowners association management companies are conscientious about adhering to high standards of quality, but they will generally not be as particular about decision-making as the owners will be since they have no personal vested interest in the property. Furthermore, outside HOA property management may not be as receptive to concerns or observant of problems when they arise, and they may very well ignore certain issues that an owner would catch.

The benefits of using an experienced mortgage broker

Foreign nationals now have a choice of mortgage products and with help from an experienced mortgage broker they do not have to worry about the additional rules, restrictions and stipulations imposed by lenders.

If you have been working in the UK for at least a year and seek to purchase your first property, you may want to consider a foreign national mortgage. Rather than continue paying exorbitant amounts as rent, it is always prudent to seek the services of an experienced mortgage broker who will be able to identify the most suitable lender.

The risks of approaching lenders on your own

Many foreign nationals may approach their existing bank only to be turned down. In most cases, this is because they do not present their application in the appropriate manner. Therefore, it is wise to have an experienced broker guide you through the process even if you plan to start a large buy to let portfolio. Some lenders accept applicants who have at least two years remaining prior to the expiry of their visa. This restricts the borrowing limit while most lenders fail to recognise the visa process that permits an individual to be considered for indefinite leave to remain in the UK permanently after their visa term is complete.

Guarantee better rates with a mortgage broker

However, there are mortgage brokers that have the skills and resources to procure foreign national mortgage from specific lenders. One of the major benefits is you can have access to a range of mortgage products that do not attract any set-up fee. In addition, depending on your situation, you may be able to find lenders willing to loan as much as 90% and reduce your immediate financial burden to just a 10% deposit. It would be prudent to opt for an existing house or flat rather than build a new one. This increases the potential to borrow more since several lenders perceive any plan for new construction as a greater risk and restrict their borrowing limit.

Mortgage brokers enjoy a better rapport with lenders

Other major factors to consider are the source of the deposit and the costs involved. Lenders are wary about the origin of deposits especially when they come from abroad. Policies differ from lender to lender especially when it comes to anti-money laundering measures. However, your mortgage broker will be able to ease their concerns and reach an appropriate solution. For the most part, there are no initial costs involved since reliable mortgage brokers do not charge an upfront fee for their service. The percentage of deposit owed to the lender is the only major cost involved.

Reliable mortgage brokers are transparent when it comes to fees, costs and rates. Their service fee is applicable only if your loan has been approved. Whether you wish to build a large buy to let portfolio or are a foreigner seeking a mortgage, you can always count on an experienced mortgage broker for help. Visa applicants can have access to the Best Buy 90% mortgages. This includes Tier 1 and Tier 2 visa holders, first time and second time buyers, remortgages as well as employed, self employed individuals and contract workers in the UK.

Author is associated with a Loan providing company in London. They are able to arrange short term and long term property loan to fulfill your need; Here, He keen to provide detailed information on foreign national mortgage along with large buy to let portfolio to choose best mortgage provider that suits your need.

Thai Real Estate Investment Soared On Back Of Property Fund Activity

KTAM Aims to Become Thailand’s Leading Property Fund,Increasing Assets Under Management to 11.3 Billion

The Bangkok Post reported on Thursday, 22 February that real estate investment in Thailand soared by 81.8 percent to $2 billion (1.3 billion)in 2012, nearly double the $1.1 billion (720 million) in 2011, as property funds markedly increased their investment activity.

According to property consultant DTZ, Thailand’s real estate market was boosted by the listing of major property funds and a high number of acquisitions, particularly in the office and hotel sectors. Some $1.1 billion (720 million), or 55 percent of total real estate investment, came from transactions by real estate funds or public funds for public offerings (PFPOs).

Investment activity received a major boost from the listing of Tesco Lotus Retail Growth Freehold and Leasehold (TLGF) in the beginning of January 2012, which proved to bethe largest property fund listing for the year. The $594-million (389 million) fund purchased 17 Tesco Lotus shopping malls in prime locations across Thailand in a deal which by itself exceeded half of the real estate investments in the country in 2011.

Other notable property fund investments in 2012 included the purchase during the first quarter of three serviced apartment complexesand residences for $106 million (69 million) by the listed Land and Houses Freehold and Leasehold Property Fund (LHPF). Additionally, the Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) bought three Centre Point serviced apartments in the third quarter, for some $107 million (70 million).

KTAM Eyes Real Estate Market

Krung Thai Asset Management (KTAM) has the ambition to lead the market in property funds and,more specifically, to increase its assets under management by 20 percent in 2013 to 516 billion baht (11.3 billion), said chief executive officer Somchai Boonnamsiri, citing the positive overall investment climate.

The Bangkok Post reports that Thai billionaire Charoen Sirivadhanabhakdi plans to raise funds through the funds managed by KTAM, with the subsequent capital increase being dedicated to turning KTAM into the global leader of this type of fund.

KTAM is considering entering new markets including Mexico, Brazil and some European countries. Annualised return for short-term investments in these regions is forecast at 3.5 percent or about one percent higher than returns in the Thai domestic market.

The Thai fund intends to boost the capital of property funds under the direction Sirivadhanabhakdi’s TCC group to as high as 50 billion baht (1.1 billion) this year. The fund also plans to launch ETFs on the Stock Exchange of Thailand in sectors such as food, energy, ICT and the commercial sector.

2013 will be the last year in which Thailand’s Securities and Exchange Commission will allow investments in what has been known as property type 1, with introduction a new type of property fund, the internationally recognised real estate investment trust, set to replace the old structure.

Hire The Best Real Estate Consultants For Buying A Property

If you are interested in buying a property, with the help of real estate consultants you can do the job seamlessly. These professionals with their years of experience in the industry are expert in offering reliable services for booking, investments, documentation, transfers, property survey, sale purchase of residential and commercial plots, villas, bungalows, flats, independent floors, offices, shops, etc. Under the guidance of these professionals you can purchase any kind of property that suits your budget as well as taste. These professionals are expert in offering the reliable consultancy services and make sure that you get the perfect property of your choice.

When it comes to buying the property many of you will agree on the fact that it is considered as one of the most arduous tasks. Thus, you need someone who is an expert of this field and give you proper guidance. And in that respect these consulting firms with their sole purpose provide honest and professional services to its valued customers. The customers or we can say potential buyers can count on them for all property related requirements whether small and big and they serve their customers with enthusiasm.

These reliable firms cater to all the needs and requirements of their clients under one roof be it sale or purchase of the property, relocation services, investment, advice, property management services and many more. These firms are holding years of experience in sale and purchase of residential, commercial as well as industrial lands. By understanding and recognizing the needs of their clients and person who want to live enjoy, these firms assist them in finding a best property which suits their requirement and budget the most. This is the reason that these firms are highly in demand these days and many potential buyers as well as sellers are showing their keen interest in order take professional advice.

No matter what kind of services you are looking for these firms with their team of professional consultant provide you all the relevant answers of your questions. As these professionals have years of experience in the industry thus it is easy for them to understand your needs and search for a best property that compliments your lifestyle as well as budget. Hence, at the end it can be concluded that whenever you are on a property search consult these experienced firms as these are the only reliable option that can solve all your problems.

Rent Back Your Sold Condominium Unit

People these days usually rent apartments or preferably purchase their own property but another alternative would be living in a condominium. Living in a condominium has become a trend at the present time in addition to the usual rental options. Not only is it being cost-efficient, having a condominium is convenient. Compared to a typical family home which usually includes lawn care and other time consuming maintenance, a condominium does not have any of those. This proves to be an advantage when the owner is the type who travels a lot. A condominium also has better security and offers more privacy. A good example would be those who have 24 hour security personnel and or surveillance cameras.

It also encourages interaction with those who live in the same condominium. There will be occasions wherein the community holds parties or gatherings to establish good relationship towards one another. Furthermore, living in a condominium offers the opportunity to enjoy state-of-the-art amenities and other forms of recreation which will of interest to you. Such examples would be fitness centers, game rooms and even business centers which may also include wi-fi service. More often than not, occupants of a condominium are around their early twenties and or as much as in their late forties. They usually are young professionals who prefer a sophisticated and simple lifestyle or may just be a small family who wants a quiet life. If there would be a drawback in living in one, it would be the high deposit required before one can settle in.

The locations of condominiums are commonly found in downtown areas or within its vicinity, giving the tenant accessibility to most of the establishments which people commonly go to. To sum it all up, moving in a condominium is convenient and financially manageable and residing in one will definitely open up numerous possibilities and points of interests.

If for example you have sold your own condominium unit, there is still a chance for you to live by its comfort. Go for rent back schemes and your life will be easier. One good practice is to look for reliable companies that will allow you to rent back your properties. It gives you numerous benefits aside from the high hopes it can bring with regard to owning it again. So even if you think that you have no choice but to look for another place, talk to real estate agents that can help you deal with this.

Ottawa Neighborhood Tips When Purchasing Real Estate For Investment

It is important for you to investigate the city neighborhoods when you have made up your mind to invest in a property. Ask yourself this question: ‘Will investing in a swanky neighborhood be cost-effective as a form of investment?’ Generally homes in an expensive part of town will cost too much and are not worth your money. While you may be able to find rare gems and bargains once in a while, it is safer to purchase a home in a less classy Ottawa neighborhood.

At the same time, you should not focus on real estate in a low class neighborhood either. Some homeowners don’t take proper care of their property in these areas. Not only are the properties more difficult to rent, it may also be challenging to sell them in the future.

Be cautious of communities where there are too many homes for sale. There could be an underlying reason for this situation. Perhaps everyone is leaving the town for greener pastures elsewhere since they do not feel safe living there any longer. You do not want to come in and take over such a property.

Visit the local police to ask for crime statistics of the neighborhood to determine if it is a safe place to reside. If you take a look at the multiple listing service or MLS, you can also assess recent property sales in the area. Make an appointment with a real estate evaluator to check for the price averages in recent years and ask if that neighborhood is a good place to invest in property.

Network with fellow real estate investors and get a feel for the value of certain neighborhoods. Ask for recent trends of a given Ottawa area and find out its future potential value.

Overall, you need to look for gems in Ottawa neighborhoods that are not too luxurious but at the same time are not low-value areas. If an area appeals to you, evaluate its market value as a community and start looking for a property. Remember, the better the area, the better your chances are for landing a great investment deal.

Has Upswing Begun In Residential Property Prices

It is true that the upswing has begun in residential property prices in India. In fact, the real estate market in India has gone through a downward trend in the immediate past. The market has witnessed a slump. Property prices have gone down. In the metro centres of India like Mumbai, Delhi, Chennai and Calcutta, during the recession period property prices on an average property rates went down by 33 percent. This has adversely affected the real estate industry and several investment companies as well as infrastructural development companies have suffered losses. Many institutional as well as individual investors found it hard to sustain. However, the grip of the slump became less and less severe as the days and months elapsed. Now the industry is back in the saddle and reportedly the upswing in property prices has begun.

Of late, there is an upswing in the residential property prices in India. Across India, in the prime urban locations during the previous quarterly period the property industry has witnessed an average 10 per cent appreciation in property value. As a matter of fact, this growth in property value is not confined to residential property alone. The growth is discernible in the commercial property as well. However, the growth rate in the residential property segment is much more noticeable than that of the commercial, property sector. In the commercial property sector during the corresponding period the value appreciation is below 5 per cent. There is reportedly an unprecedented demand for middle-level income type of residential units. This upswing in the middle-income level residential property is due to the revised pay scale for government employees and a better paying private sector.

Across India there has begun an upswing at the prices of residential property in India . It is reported that in the property market in the major South Indian cities independent residential houses show better value appreciation than apartment units or flats. This may be due to the higher affordability of the corporate sector clientele in Bangalore, Hyderabad and Chennai. In Delhi and Calcutta the residential property sector shows an average 10 per cent growth in the previous quarter and the trend is expected to continue in the remaining part of the year. In the suburban centres in India, the demand for independent floors and villas is on the increase. A major market trend witnessed in the prime locations across India is that the demand for single and double bedroom housing units is on the increase. Market experts are of the view that there is a price increase of about 15 percent during the current fiscal for the middle-income level residential units and the trend is expected to continue inn the coming years.

Emergis Capital Group Launches Aspire Panama Real Estate Service For High Net Worth Individuals.

Emergis Capital Group launches Aspire Panama Real Estate Service for High Net Worth Individuals.

Panama, Rep. of Panama, Aug. 4th, 2008 Emergis Capital Group, a financial and real estate services firm based in Panama City, launched Aspire Panama Real Estate service. The service is geared towards owners and purchasers of high-end, luxury real estate properties in beachside and mountainside resort towns in Panama. The service is part of Emergis Capital Groups Real Estate Practice and complements other services that the company offers to high-net- worth individuals including Corporate Finance and Advisory services to majority stockholders and board members of companies in Latin America.

The properties showcased by the Aspire service are added to the Emergis database after close consultation with the property owners. A consultative approach is taken towards the sale and purchase of high end real estate in Panama. The service was created by Emergis as this market niche is underserved by traditional real estate brokers in Panama. Many traditional real estate companies in Panama are not professional, their brokers do not speak English and they do not provide value added services. The Aspire service is all about providing the customer with peace of mind that their real estate transaction will be handled professionally. An Aspire representative will handle all of the legal, title and insurance related transactions through its partnerships with service providers in Panama. Additionally, if the purchaser of the property is from the United States, Canada or the United Kingdom, Aspire will facilitate the financing of the property at attractive terms that allow the borrower to make payments in their home country.

Emergis has direct contact with top luxury real estate developers in Panama and can negotiate on behalf of its customers to obtain the best terms on a property purchase. Aspire also maintains a database of interested buyers of luxury high end Panama real estate that it can effectively shop its unique property offerings to.

Panama is a growing market for retirees and people from overseas purchasing a second or vacation home. Emergis seeks to serve the needs of finding and financing that perfect residence for this market through its Aspire service.