Posts Tagged ‘property prices’

House Prices Rise Again In 2011

Chairman of Real Estate Indonesia (REI) Setyo Maharso admit, home prices tend to rise lately. Even according to him, did not rule this year again terkerek price rises. This step is taken to deal with rising prices of building materials, especially cement. “About 30 percent of the cost of house construction consumables to buy cement,” said Setyo, last weekend. General Manager of PT Metropolitan Land (Metland), did not dismiss Machpudin home prices will rise this year. He said the average house price increase of about 15 percent than last year’s price. “Normally we corrected the price of the house every month,” he added. For price increases had no impact on sales, Metland already prepared a number of promotional tricks, such as offering various attractive prizes. “This strategy is quite successful,” he said.

PT Ciputra Development Tbk also poised to raise the price of residential property. Tulus Santosa, Director Ciputra said the chances of the future will be no price increase. “The increase is no more than inflation,” said Tulus. Spike in the price range of building materials, like cement, steel and brick columns lately, have an impact on house prices. The survey conducted by Bank Indonesia (BI) said residential property prices in the fourth quarter of 2010 increased rapidly, especially small type house prices. Residential property price survey conducted in 14 cities this set residential property price index in the fourth quarter of 2010 at the level of 136.65. This index level is higher than the previous quarter. From the results of the BI survey revealed, triggering rising home prices are soaring building material prices, high wages and high costs of licensing. The survey results mentioned, the highest price increase occurred in Manado, amounting to 3.04 percent. In this region, the increase in price occurs in all types of buildings with the highest increase occurred in small type houses (0.96 percent). Read the rest of this entry »

Buying a Home Vacation in Spain

In Spain there are 3.3 million second homes and demand for holiday homes increased 3 percent per year over 10 years. The number of foreigners buying holiday homes in Spain is expected to overtake the number of buyers in Spanish from 2008. Due to dramatic growth in property prices in the UK, many Brits find that they can now afford to buy what was once considered a privilege of the rich.

It’s hard to imagine that just two hours away from the uncertain British climate and hectic pace of life, lie blue skies, sunshine and a relaxing lifestyle. Hold a holiday home in Spain has never been easier, and with a choice of daily flights from all UK and Ireland, popping in for a long weekend commuting is faster than the M25 round! You do not need to pack a suitcase – for your own holiday home means you can leave clothes, towels, and toiletries cozzies there ready for your arrival.

Most foreigners buying holiday homes in Spain choose Costas popular coastal areas – mainly Costa Blanca, Costa del Sol and Costa Calida recently. However, there are those who prefer the mountains, or a rural retreat in the village. For those people, there are still bargains to be had – but usually at a price. Even though you can still get a picturesque hideaway FINCA thousands of square meters of land, stunning scenery and natural lakes, you can not have running water or electricity. Many people can live in fresh water wells and generators – but not for everyone. Read the rest of this entry »

The way to affordable housing

Participation in a forced auction
+ Downside: only about ten percent
- Disadvantages: easements or conflicts with co owner, the problem may be the granting of loans

Overcoming bankruptcy administrator
+ Downside: only about ten percent
- Disadvantages: same as in the case of auction

Participation in the auction of new homes
+ Weaknesses: it is remarkable, and 120,000 crowns
- Disadvantages: not for developers that will be auctioned to sell a number of

Haggling about the price
+ Downside: 10 to 15 percent
- Disadvantages: there is no risk

Waiting for the last apartment on offer developers
+ Downside: 10 percent or more
- Disadvantages: property disposition may not be optimally dealt with or may have a less attractive appearance

Purchases of residential mortgage-load
+ Weakness: usually no or little
- Disadvantages: dealer refuses to provide discounts

Custom Search sale apartments
+ Downside: tens to hundreds of thousands of crowns
- Disadvantages: You pay for the printing of brochures, it takes time

Use of advertisements
+ Downside: tens to hundreds of thousands of crowns
- Cons: payment for advertising, take time

Without mediation Realtors
+ Downside: 3 to 5 percent of property prices
- Cons: payment for the purchase contract lawyer, notary to deposit the money and land for real estate listings, takes

Buying a house or flat before reconstruction
+ Weakness: 200-800 Crown
- Disadvantages: if you can not find the actual status of the property, repairs can be costly

6 Reasons For Investment Property

Property is one kind of asset that must be owned by everyone. This is not an option, because everyone needs a place to shelter. In addition, with a huge level of demand, there are also opportunities to invest in a period of property sectors. There are at least six reasons why you should have as an investment property, namely:

1. Property can be a Source of Passive Income
Investment property can be a source of passive income. Not only income derived from capital gains due to profit from the difference between the selling price minus the purchase price. But if the property you purchased, rented a store, boarding house, lodging house or residential, you will get passive income. With rental prices of the magnitude of about 7% – 9% of the sale value of your property, then you will obtain passive income that can continue to enjoy during your rental period.
2. Capital can be Adjusted
Investment in property is often done by large capital investment. That’s true, but the capital can also be adjusted, because the property prices of the relatively small to big, it’s all there. When a small capital be disallowed, you can start a 50 million capital investment in the property sector as in the simple type of housing or land-plots ready for construction. Property can be purchased on credit or pay in installments. Thus you can start a property investment even with relatively small capital.
3. Can be Used As Collateral Loan
Property can be used as collateral to obtain credit to the Bank. The Bank will be easier to process the release of funds if the property used as the value of collateral. Thus, the property can be used to gain additional leverage of the investment. Read the rest of this entry »

Residential Real Estate & Business Development of West Jakarta

Considerable amount of land around West Jakarta Mayor Office has been prepared for the construction of various properties. In West Jakarta, West New Primary Center (SPBB) or West Jakarta Central Business District (CBD) in Puri Indah wake up in the area with an area of approximately 134 hectares. Formation region is part of a regional spatial plan (RTRW) in 2010, which directs the growth of urban development to the east and west of Jakarta. These efforts are expected to limit the growth of urban development to the south, which is a water catchment area for Jakarta. West Jakarta property development still quite behind compared to other parts of Jakarta, South Jakarta, especially with the booming property development. So also when compared with or Kelapa Gading Serpong.

In other words, Puri Indah and surrounding areas is still a big potential to expand and the area is not “dead”. However, progress is not better compared Kelapa Gading Serpong and ivory. But, according to Principal Ray White Puri Indah, Jl Widiyanto, precisely property developments in Puri Indah more years the better. Virtually any property prices continue to climb. Impact on the state of new generation developers who have more advanced business innovation compared to its predecessor, will also provide new colors on the national property industry, and particularly in West Jakarta. In a smaller scale, Jakarta continued to clean up and decorate themselves with various developments, including development in the property sector, including in this community. Read the rest of this entry »




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