Archive for the Category "Buying Investment Property"

8 Easy Ways To Find Caribbean Investment Properties Nov 25

If you really want the best deals in investment properties in the Caribbean, you have to increase your odds by finding more deals.  Here  are 8 easy ways to do just that.

1. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven’t yet listed their property.

2. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.

more…

Warning: Avoid These 3 Real Estate Investing Mistakes Sep 26

1.    Don’t sell too soon. One of the most common mistakes made by real estate investors is that they turn over properties too soon.  It is completely natural to want to take advantage of a hot market. However, in an area where the market goes through fairly regular cycles, investors often generate more cash at the time of sale when they hold onto the property for a year or two in order to take advantage of tax benefits while waiting for the market to hit its true high point.  This is particularly advantageous when the property was purchased with non-traditional financing that requires minimal payments for the first several years of the loans.

more…

If You Don’t Follow These 6 Real Estate Investment Tips, You’ll Hate You’ll Hate Yourself Later Sep 23

Real estate investing is a topic that many people wonder about. The earning potential of a smart investor is extremely high, because unlike nearly every other type of investment, real estate does not typically decrease in value.  When you are looking for a way to ensure your security for the future, or to build a retirement portfolio, real estate is a good vehicle to use. Here are 6 things that you might want to know about real estate investing.

1.    Budget your time wisely. If your intention is to purchase a home and restore, repair or remodel it in a short period of time before re-selling the property, you need to pay attention to the time that the work on the property is taking.  The problem that many first time investors run into with house-flipping is that they did not expect the work to take so long.  When delays occur, and mortgage payments are accumulating in addition to the cost of materials and labor it can definitely make for a stressful situation.  Be realistic with estimates, and always have cash at the ready should you encounter an unexpected expense.

more…

3 Easy Tips To Keep In Mind About Caribbean Real Estate Investing Sep 19

If you are looking for a way to make some cash with a minimal investment, Caribbean real estate may be the answer you’ve been waiting for.

Caribbean real estate investments give you much more than just somewhere to ‘stash cash’; they give you the ability to continuously increase the value of your investments to an almost unlimited level. Before you get started, here are 3 things to keep in mind about Caribbean real estate investing:

Excellent Caribbean Real Estate Investment Opportunities

Excellent Caribbean Real Estate Investment Opportunities


1.    Research potential properties before purchasing them.
When buying a rental property, there are several key features that you should be looking for. The first is sustainability.  Is the property in solid condition and is it going to stay that way with minimal upkeep?  The second is the location.  Yes, location is extremely important for most rental properties.  You need to ensure that your tenants can get to where they need to go and that the property is near commonly used retailers and service providers.  The third is the average income of the area.  This is different from physical location, because you should keep in mind that a high rent area is definitely a better location than a low rent area. And, in high rent areas location is often less of a concern than in low rent areas.

more…

The Buyer’s Guide to A Caribbean Home Investment Sep 05

Many of us have dreamed of owning an overseas vacation home.  Today, however, it can be a reality for even people on average incomes.  House prices are falling, and while some analysts believe that they still have a long way to go, now is a buyer’s market, so if you’re looking for a long term investment, it is a good time to buy.

Making a Caribbean home investment  is not without pitfalls, but if you research carefully you can get a very good deal.  This article will look at some things you need to consider before you buy – in terms of legal concerns, the kind of house you should look for, and the places you could consider buying a vacation home.  If you plan your purchase carefully, “your home away from  home” in the islands should bring you joy for many years to come. more…

Financing Investment Properties In The Caribbean Aug 15

For those looking for mortgages to buy property abroad, you will find a broad range of possibilities for financing a Caribbean real estate investment on Curacao.  Local banks are eager to offer up to 70% financing to those who qualify.   Take a look  at the terms and conditions below.

TERMS:

  • Amortized for up to 15-20 years
  • Turnkey: 70% financing based on end valuation or purchase price whichever the lesser
  • New construction: 60% financing of construction cost
  • Land only: 50% of purchase price (maximum term of loan is 5 years)
  • Equity Release: 50% of the lesser value between (original) purchase price (if owned less than 2 years) or market value (if owned more than 3 years.
  • Variable interest for 3 and 6 months and 1 year.
  • Fixed terms available for 2 & 3 & 5 year options (Penalty for early repayment)
  • 1% closing fee
  • Mortgage currencies: USD / GBP / CAD / EURO

Please note that loans are fixed to US LIBOR/EURIBOR. US LIBOR/EURIBOR rates changes daily. more…

Buying Curacao Real Estate & The Role Of The Civil Notary Aug 12

The civil notary plays a central role in real estate transactions on Curacao.  A Civil Notary is a public officer that is appointed by the federal government until he or she reaches the age of 65.  As a public officer, the civil notary is obliged to perform services for everyone.  Therefore, in all transactions, the civil notary is neutral and must represent the best interests of the seller and the buyer. more…

Buying A Second Home On Curacao Aug 08

Buying luxury  vacation property overseas is one of largest financial decisions you’ll make in a lifetime. That’s why more than 90% of overseas home buyers use the services of a real estate professional when they look for a new place to live or for investment property.

RE/MAX International is the largest real estate organization in the world. RE/MAX stands for ‘outstanding agents, outstanding results’. As a RE/MAX real estate professional, we can assure you that we will provide the highest possible service, with complete discretion and efficiency.

Here is a brief list of the services we can provide as part of  the Curacao vacation  home buying process: more…

Puerto Oasis: Five Star Hotel, Spa & Condominiums Jul 15

If you are looking for a Vacation Spa Resort/Luxury Spa vacation, then Puerto Oasis is for you.  This five-star complex is the perfect way to indulge all your senses in elegance and luxury. Every part of Puerto Oasis exudes relaxation and rejuvenation. Packages are offered that will satisfy the wants and needs of everyone in your vacation party. more…