Newsletter March 2011

Can you find high yielding property investments in Florida?

Perspectives on the Investment Property Market in Florida

A view from a Yield Investor on the market in Orlando

When planning our annual family holiday, my long-suffering wife has to balance her needs for good weather / shopping with my interest in going to somewhere with a yielding property market. This has resulted in a lot of Scottish holidays in the early years of our marriage, followed up by Germany and eastern Europe for the last few years. I have to say, my wife has compromised heavily on holiday weather on occasion. I am not sure how I got away with so many Leipzig ‘holidays’ in the last few February half-terms, having family fun in minus 20 conditions. I am still unclear why my wife stays with me, she is 10 years in now, I am sure she has her reasons. So it was a pleasant diversion for the family (in particular my wife) this year to go to balmy Florida for Easter for holiday, from where this rambling “postcard” comes.

For the past 20 years Florida has been a part of the world that is very familiar to us to be fair, my brother and sister have lived there since the 1990s and so have my mum and dad on and off (until my dad fell out of a tree, another story). And so, we have visited many times to visit family, and seen the journey my family and friends have had in property over this time and have some perspective on the market. Why I am tapping this away from a cramped economy return seat on Virgin Atlantic is to jot some ideas down, hopefully for some interest to investors looking at the market or just looking how property markets develop in general. I have watched with keen interest the market develop from a relative affordable base in the mid 1990s, through rapid growth each time I revisited until 2006. And this is my 3rd trip back during this financial crises. But the real raison d’etre for looking more deeply into this market was provided by a cockney fellow I overheard on the telephone , apparently to his wife. It was day 2 of the recent London Property Exhibition, and it seems he had made an acquisition:

“You sittin’ down luv? Well me and Dave popped into some property thing after going to the body builder show” [The London Excel was hosting 2 exhibitions thus weekend, for what you thought was a mutually exclusive audience]

“Well, guess what I bought today? You’re never going to guess…”

Read on…

Welcome to this German property investment update. Another busy month for the team, with some great new investments coming to market.

As ever, if you require any more information on any of our articles or stock, please don’t hesitate to contact us – we are always happy to help.

Kind regards,

Mat & The ProVenture Team

 

Positive Quarter in Upswing Germany

The green shoots of recovery are being grasped at by many, but the Germany economny continues to lead Europe with continued growth. Despite the impact on industry from the Japanese earthquake, Germans enjoyed a positive month. We have 2 article links below providing more information.


Germany’s New Manufacturing Boom

Guardian Money

Bundesbank reports Positive Q2

Reuters


IFO Update

Despite considerable risks at the international level, the situation of companies in Germany remains excellent.



Latest German Property Offers

PV199 – Investment Property-Centre East Leipzig


395,000€ | Leipzig
Potential Yield: 12.12%

Type: Residential
Approx. Size: 972 sqm

This is a purely residential offer comprising one apartment blocks lying around 2km to the east of Leipzig City Centre. Whilst being a walkable distance to the centre, the property also enjoys good access to public transportation with a tram line and bus routes serving around 200m of the property. The property is set over 5 levels with 19 apartments and is being offered with 5 apartments left to rent.



PV338 – 1M Euro Investment in Leipzig Property


1,035,000€ | Leipzig
Potential Yield: 8.11%
Type: Residential

Approx. Size: 1056 sqm

An excellent mixed type property investment opportunity in the very heart of Leipzig. This property would suit an individual that is looking for a prime investment opportunity in the centre of Leipzig, and is
looking to maximise the leverage of their capital.



PV296 – Kleinzschocher – 11+% yield


490,000€ Now Reduced by 35k€
Potential Yield: 11.46%

Type: Residential
Approx. Size: 1191 sqm

11.46% YIELD. Benefiting from the rapidly growing tenant demand from top Leipzig residential areas, this property presents an opportunity to invest in an excellent location at a superb price per sqm of 440 sqm.


PV342 – Premier Location Investment in Leipzig


620,000€ | Leipzig
Potential Yield: 9.8%

Type: Residential
Approx. Size: 1150 sqm

This offer is located superbly in the highly favoured district of Markkleeberg, a wealthy district around 10km
south of the city centre of Leipzig. The offer should attract finance in the range of 60-75% loan to value range, depending on investor status.



PV307 – Small Multi family house-great yield


179,000€ | Leipzig
Potential Yield: 11.06%
Type: Residential
Approx. Size: 393 sqm

This property, located in Alt Lindenau, is a fully rented mix of commercial and residential property. It was completely renovated in 1996, and has been very well maintained. It is situated in an extremely convenient location for local amenities, such as shops, extensive recreation areas, doctors and public schools. Priced at an attractive 455 € per sqm metre, this property currently yields over 10%.


PV324 – Not marketed on our website – Please contact us for more details


1,3M€ | Leipzig
Potential Yield: 9%
Type: Residential

Approx. Size: 1992 sqm

An excellent mixed type property investment opportunity in the very heart of Leipzig. This property would suit an individual that is looking for a prime investment opportunity in the centre of Leipzig, and is
looking to maximise the leverage of their capital.



PV330 – This property is not marketed on our website – Please contact us for details


300,000€ | Leipzig
Potential Yield: 10%
Type: Residential

Approx. Size: 561 sqm

Completely refurbished multifamily house. Strong yield, and quick access into the city centre.


PV173 – This property is not marketed on our website – Please contact us for details


350,000€ | Leipzig
Potential Yield: 9.2%
Type: Residential

Approx. Size: 513 sqm

Highly desirable location, currently fully let and with massive potential.



enquiry@proventureproperty.com UK:+44 (0)115 7142820 or DE +49 341 248 6810 | © 2011 ProVenture Property

If you dont want to hear from ProVenture via these updates please remove yourself from our mailing list