Overseas Property Investment Consultancy & UK Property Investment Consultancy

Stock markets around the world have continued the upward trend that began back in March with the FTSE 100 breaking through the 5000 barrier for the first time since October 2008.

In defiance of many analysts expectations UK residential property prices have continued to increase over the last month. The country’s two largest mortgage lenders, the Halifax and Nationwide, have both reported house price growth in their monthly house price surveys. With increases of 0.8% and 1.6% respectively, both now show the average price of a UK home to be over £160,000.

After several months of static prices, the Hometrack survey has also reported an increase in prices for August, the first such increase in 2 years. At 0.1% the increase is small, but it does mark a turning point by moving into positive territory for the first time since July 2007.

With current affordability levels acting as a driving force for the property market, and with the most recent inflation report indicating that interest rate levels will need to remain low well into 2010, the upward trend in property prices looks set to continue.

In comments made to the Treasury Select Committee Mr King said “Following a precipitate fall in economic activity at the end of last year and the start of this, there are now signs that growth has resumed in the third quarter”. But he argued there were “headwinds” that could make the recovery “somewhat slower and more protracted that we might otherwise have thought”.

He said the UK relied to some extent on what was happening in the rest of the world. “We’ve had more encouraging news on that in the past couple of months, particularly in Asia,” he said.

The UK economy contracted by 0.7% between April and June, a significant improvement on the 2.4% fall in the first three months of the year. Many observers believe the economy will return to growth in the current quarter, marking an end to the recession.

On Monday, the European Commission forecast the UK economy to grow by 0.2% between July and September.

Located in the North Atlantic Ocean off the Western Coast of Africa, the Republic of Cape Verde is a collection of 10 islands and 5 islets. Blessed with a tropical climate and little variation in temperature from the 25 degree norm, this little country looks set to become a big name in the luxury tourism market.

Having gained its independence from Portugal in 1975, Cape Verde held its first free presidential elections in 1991. With very poor agricultural potential the government has embarked on a programme of far reaching economic reforms in an effort to attract foreign investment into the country with great success.

The country now enjoys a per capita income that is higher than many continental African nations and is actively working on closer economic ties with Portugal, the EU and the USA. One outcome of this is that the Cape Verde Escudo is now pegged directly to the Euro bringing much greater stability to the currency. Cape Verde’s banking institutions and procedures are undergoing full modernisation and the country has just been reclassified from a low income to middle income country.

Why invest in cape Verde?
With dramatic improvements over the last 15 years, the government is now turning its attention to sustainable economic growth. One major area of focus is the luxury tourist market and this is now being pursued with great vigour. The government has big plans to make Cape Verde one of the planets top luxury holiday destinations. In order to achieve this, infrastructure is being heavily developed with massive improvements to airports, sea ports, roads, water supply and sanitation.

Strict building controls have been implemented with regard to resort development including strict restrictions on building height and building density. As a result, resorts will be low rise and will benefit from spacious and open outdoor areas with buildings well spaced out. Resorts will be of very high standards making the most of the country’s beaches, climate and hospitality. It is estimated that visitor numbers will increase from 130,000 per year currently, to 500,000 by 2015 and continuing to grow year on year thereafter. With a great climate, short flying time from Europe and little jet lag, these beautiful islands may soon become strong competition for the Caribbean.

Cape Verde offers a rare opportunity to invest in a rapidly developing market at a very early stage. Because of this, investment returns look set to be quite exceptional. We have negotiated a stunning investment opportunity on the main island of Sal and will be launching this very soon. Keep an eye on your email for details.

Quite literally, for an investment of just £1000 of your own money this incredible investment will provide you with an income of £20,000 or more, every year for life. Without doubt, this has to be the best property investment opportunity in the world today and we would urge anyone with an interest in investing in property to take full advantage of this.

Interestingly, this unbelievable opportunity has now been extended to Brazil. With a growing middle class, rapidly expanding tourist sector and an economy widely expected to become one of the 5 largest by 2050, Brazil offers mouth watering investment potential.

Wednesday 23rd September – Gatwick
Thursday 1st October – London

Alternatively, if you cannot make one of these events call us on 01235 553569 to talk through the opportunity in detail.  You’ll be glad you did.