Property News Currently in the Headlines

"Bag a hot property in Mexico"

For Caribbean style on the cheap, head to sizzling Central America, says Liz Rowlinson of the Daily Mail, UK

Think of Mexico and tequila-totoing bandits or Mel Gibson's epic Apocalypto might spring to mind

Less well known is that Brits are flocking there to buy a second home

Why? It's less speculative that Brazil, more exotic than Florida, and cheaper than the Caribbean. And as well as a sub-tropical climate and vibrant beaches , Mexico is rich in culture, and it's a much more mainstream destination that it used to be.

But there are pitfalls, Non-Mexicans cannot own a coastal property directly, they must do so with a bank trust called a fideicomiso, however these are not difficult to put in place and can give added peace of mind and increased confidence. It is also worth bearing mind that flights from the UK are not as frequent as with other destinations.

Opposing this though is the popularity of Mexico with American tourists which had led to some resorts having an 85% occupancy rate for rental properties and coupled with increases in property prices of up to 20 per year in coastal areas Mexico ceratinly worth a second look.

Why not take a look at the amazing resort of Xcalcoco Beach at Playa Del Carmen which currently being sold in US Dollars is giving added value to your purchase

If you would like further information on this developmnent then please click here.

"Cape Verde popularity growing daily"

It certainly seems like the taste for our nearest Tropical Islands is gathering pace and with the launch of the Sao pedro Village front line promotion it is apparent that cape Verde is on the thoughts of many looking to purchase an overseas property.

But why Cape Verde which, until recently was relatively unheard of? That's the easy bit, beaches, nightlife, music, warm winds and excellent diving are just some of these islands charms and with a healthy climate and efficient healthcare its popularity is growing rapidly.

My Choice Villas has has secured access to the Sao pedro Village a beach village promotion situated in a beautiful bay on the island of San Vicente. The frontline units which make up the first phase of the promotion are currently 10% cheaper than the remainder of the promotion, so we would suggest that you contact us now in order to benefit from this offer.

This extraordinary village style development is located on the front line of the beautiful bay of San Pedro and will also offer an inland beach area of 90m by 40m, around which will be tremendous dining and shopping facilities. All efforts are being made to recreate an idyllic village feel and the build quality of this promotion is simply astonishing.

This is the perfect opportunity to invest in the earliest phase of this prestigious beach village development before prices rise, as they surely will.

If you would like further information on this developmnent then please click here.

"Overseas Property Investment at record Levels"

45% more Brits climb the foreign property ladder - MINTEL

As the nights draw in and the Summer of 2006 becomes a distant memory, latest research from MINTEL finds around 800,000 British households (3%) now enjoy the benefits of owning a second residence abroad. Over the last two years the number of overseas property owners has increased by a staggering 45%, with 250,000 more households now owning an overseas property than in June 2004.

What is more, a further 3% of households intend to buy a second property overseas in the future and 5% intend to sell up here and move abroad. This suggests that potentially the dream of owning a property abroad could be a reality for a further 2 million households. Meanwhile, many people see the Lottery as their only means of escape, with as many as one in five (22%) or 5.5 million households planning to buy a foreign property if their ship comes in.

Amongst those who own, would like to own or have use of a property abroad, Spain proves the most popular destination, with as many as two in five (43%) choosing Spain as a preferred location for a property abroad. The next most popular destination is France, attracting 26% of people, followed by Australia (22%), Italy (21%) and the US (17%). By contrast, only one in 15 (7%) chose Eastern Europe as a preferred location.

If you would like to know more about our developments please click here