IPD - International Property Consultants by Paul Fissenden

International Property Consultants

IPD

INTERNATIONAL PROPERTY

International Luxury Property Lifestyles From Grenada to Cyprus

Investments Buy To Let Guaranteed Rentals

2011 - Operational since 2003

FRANCE

IPD

INTERNATIONAL PROPERTY

Contact IPD for more details : info@internationalpropertydevelopers.com

IPD

March 2011

IPD - Luxury International Investment and Lifestyle Properties IPD work in partnership with worldwide luxury property developers who provide top-rated residential, commercial and retail properties for sale as investments or for personal / corporate use. We operate in well established to the emerging markets, and have a network of international agents that work together to enable IPD’s clients to gain access to up-to-date market information that will give them a competitive advantage to purchase unique and luxury lifestyle properties and investment opportunities with confidence and peace of mind. IPD can provide the best prices and best locations from around the world and our policies provide a secure and safe method of purchasing. Key advantages of International Property Directory • Free service to buyers • Ever expanding network of developers, funders and investors - all linked into one source - International Property Directory • Transparency of service • In depth product information available on request • Emphasis on both long standing investment markets as well as new emerging markets • We are directly contracted with the developers we represent – not sub-agents • National and International markets covered • Established 2003

IPD work in partnership with worldwide luxury property developers

A few key factors to look for when thinking of investing • • • • • • • • • • • • •

Location Population growth Infrastructure Natural factors Cost to expected value Tourism levels Economic stability of country Land title status Re-assignable contracts Fund Security Build quality guarantees Political outlook Long term outlook

With us you can be sure that when you use our services you will reach the right people.

Contents

4 Contents

IPD

IPD 1673 Richmond Street, Suite 305 London, Ontario N6G 2N3 CANADA

Introduction

Snowbirds

Southern Italy

Telephone: North America : (+1) 519 200 7004 International : 00 (1) 519 204 0274 sales@internationalpropertydirectory.com

5 Star luxury in Cyprus

International Fax : 00 (1) 519 204 0274

SIPP Investment for UK pension owners

Grenada Spice’s it all up

Sales agent locations: North America Canada, USA, Mexico

Sal Island bucks the trend

Turkey outpaces the competition

Hotels and Resorts

Consultants

USA beats all the odds for in a vote

Buying process tips

Egypt’s strong fundamentals

Location Location

Life’s a beach

Award winners

Overseas Mortgages

Currency Exchange

Contact IPD

Join Our Team

Become a member of the ‘IPD Investor Network’ register online to benefit from: • Access to pre-release developments and offers • Access investment specifics to make confident decisions • Free consultations with advisors - no obligation

South America Brazil - Portuguese / English / Spanish spoken Europe Spain, Italy, Turkey, UK - Arabic and French spoken Middle East Dubai, Egypt - Arabic Spoken Africa South Africa, Egypt - Arabic spoken Central America Panama, Costa Rica - Spanish spoken Caribbean Barbados, St Lucia, Dominican Republic, Grenada

As an introducer IPD (International Property Directory) supplies our services to buyers and investors free of charge. All monies are passed directly between seller and buyer. We go to great lengths to supply information in as accurate form as possible but we cannot hold any responsibility as relates to any transaction that takes place. We recommend that buyers / investors or buyers carry out their own due diligence procedures prior to making any financial commitment. IPD provides inspections tours and will make arrangements for accommodation and flights in conjunction with sellers. IPD also has the ability to provide assisted tours depending on location and dates required.

Up to

30%

Off

Listed in the TOP 10 Golf Resorts of The World

Up to 30% + Benefit from IPDâ&#x20AC;&#x2122;s Cash Back Offer Contact us today for more details info@internationalpropertydevelopers.com

Cyprus IPD

INTERNATIONAL PROPERTY

Florida USA

A guide for Snowbirds The term Snowbird is given as a nickname to those Canadians who reside for extended periods south of the border. A Snowbird is more than likely a property owner in the States and almost surely residing in Florida - the number one destination in the world. Snowbirds who own property in Florida or elsewhere in the US should be aware of a few key factors when looking at Tax implications and profits depending on the length of time spent in the States. These rules are easy to follow and should not put off anyone thinking of buying a property to own or rent out. Any Canadian seeking to remain in the vacation property in the U.S. for long periods of time should also seek tax advice about the "substantial presence" rules as U.S. tax laws could consider the owner as a U.S. resident and tax accordingly. Canadian rental income from a property south of the border is subject to a flat 30% tax before any deductions for expenses incurred in earning this income. The tenant must withhold and remit this tax to the IRS, with the Canadian landlord not having to file a U.S. personal income tax return for that year, provided the taxes are remitted. If a Canadian Snowbird wishes to benefit from the deductions for your rental property expenses he or she must elect to be taxed within the U.S. on a net basis. Before making this election, you should be aware that you must rent the property for a minimum length of 15 days per year, or the deductions will not be allowed. For a full range of options in South Florida from $150,000 USD contact IPD info@internationalpropertydevelopers.com

IPD

Calabria Italy 2011

South Italian Splendour When it comes to property markets that have a legendary appeal, competing with Italy is nearly impossible. From its beautiful Mediterranean coastline and Alpine vistas to the incredible sights of Rome where Cleopatra, Caesar and Nero once walked, the history, culture and wonders of Italy make it appeal to investors, holidaymakers and expats alike. Italy is very accessible for EU citizens and visitors from all over the world. The ease of entry and access makes this country very attractive for investors looking at buy-to-let and resale potential. Access means holidaymakers can get here with ease and inspecting property is not a huge burden for buyers either. Although the cost of living in Italy is higher than in many other investment and holidaymaking hotspots in nearby Eastern Europe for example, it tends to compare quite well with its western neighbours. This is especially the case for expats and retirees who learn to shop where the locals do. The southern regions are generally much less expensive than the bigger cities. The lower living costs tend to appeal to second home buyers and expats and retirees looking at buy-to-let or purchase potential. This, of course, keeps the door open for investors using several different strategies to enjoy returns from the Italian property market.

Calabria Awaits Investors If you are looking for a very attractive buy-to-let project in Southern Italy with suoerb exit potential when you decide re sell we have a range of projects available both built and off-plan. Full brochures, entry and exit details and a range of finance options are supplied with every enquiry.

Italyâ&#x20AC;&#x2122;s economy might not be booming, but it is very stable. It is considered the eighth largest economy in the industrialised world. The country enjoys a EUR 1,854 billion GDP with a steady annual growth rate of just under 2%. For more information on Southern Italy contact us on info@internationalpropertydevelopers.com

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INTERNATIONAL PROPERTY

Southern Cyprus

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5 Star Resort in Cyprus Cyprus Real Estate Investing Cyprus Real Estate For Sale - Cyprus the third largest island in the Mediterranean. The Cyprus economy enjoys strong tourism, education, health and construction industries and the economy is expected to return to a modest growth in 2011 which will strengthen the property market further. Southern Cyprus is favored by retirees because of its hot, dry summers and mild winters ñ not to mention its preferential 5% tax rate on pensions and with English widely spoken this island makes for an ideal location from many aspects. Cyprus remains one of the most popular destinations for Europeans and other nationals that seek to invest in a holiday, a retirement or an investment home. In terms of risk, Cyprus is at the lower end of the spectrum and has some of the best tax breaks in the EU (if not the best), lower cost of living compared to mainland Europe, excellent weather, rich heritage and culture, superb medical facilities and infrastructure.

space is left for further construction projects to take place which in turn strengthens the market. The location of the island is also favorable for investing as it is strategically located at the crossroads of three continents. Cyprus is also a member of the European Union offering investors one of the lowest corporate tax rates in the EU. There are many economic reasons for investing in Cyprus: the islandís clement weather, surpassing beauty and the governmentís active marketing of the island as a place to invest. Cyprus is one of the world's most popular tourist destinations making an this an ideal long term investment location. Cyprus has the lure of year-round sun translating well for rental fees and investment demand year-round. And even beyond the beaches visitors come to Cyprus for water sports, for history, culture, cuisine and a quieter pace of life and if an investor knows which market to tap in to they can do very well in the form of rental yields annually.

Additionally, the discovery of oil and natural gas in the islandís seabed areas is likely to give further boost to the Cyprus economy. As such, Cyprus real estate and construction industries are likely to boom once more despite the poorer performance of the past two years. Cyprus has limited land space these predictions are quite likely to play out as larger portions of the nation are developed and less

Ask us about our unique IPD Cash Back Offer

Celebrities from all around the world enjoy the comforts of Cyprus

Ideal for expats in the Middle East looking for a European destination close by

Sal Island

IPD

INTERNATIONAL PROPERTY

IPD

SIPP Investment in 2011 for UK Pension Holders

Using a SIPP to invest in property SIPP Property Investment : Investing in a resort property has never been easier and now you can fund your purchase with your pension using a SIPP (Self Invested Personal Pension). This not only offers incredible tax advantages but also puts you in control of how your pension is invested for the future. And the process is much easier than you may think! We have partnered with some of the UK’s leading developers pension and investment experts to give you the help and information you need to guide you through your options. They will assess your current funds and then deal with transferring any ’frozen‘ pensions from previous employment, businesses and/or funds from other personal pensions. All you have to do is select the property you want in your pension fund. You can

also ‘club’ together with other investors to jointly purchase one, or several, of our properties. Contributions into a SIPP attract relief at an individual‘s highest rate of tax. If a higher rate taxpayer wished to invest £100,000, it would only cost them £60,000 after receiving all of their tax relief. A SIPP is also able to borrow money against its assets. As much as 50% of the net value of a SIPP can be borrowed to increase the funds for your property investment. So, as an example, a fund that has a value of £150,000 can be increased by 50% or £75,000 to make a total fund of £225,000 available to invest in property. To find out more about investing in property through a Self Invested Personal Pension contact us and we will arrange for an independent pensions expert to provide an initial assessment at no cost to you based on your chosen resort. The adviser is authorised by the Financial Services Authority to discuss in detail any aspect of using a SIPP to invest in property. All investors should seek relevant advice to their circumstances before proceeding. Email info@internationalpropertydevelopers.com for more details.

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INTERNATIONAL PROPERTY

Grenada - The Caribbean’s Spice Island

Grenada’s Spicy Offer Southern Caribbean - Nestled between rainforest covered mountainsand the turquoise Caribbean Sea, Bacolet Bay is blessed with a location to rival the worldís most exclusive resorts. The position and topography of the site afford Bacolet Bay an enviable seclusion and some of the most spectacular vistas imaginable. From the terrace of the resort reception and speciality restaurant, panoramic views stretch from east to west in a sweep of vivid colour and raw natural beauty. Life at Bacolet Bay is inextricably linked to the precious eco-systems that envelop it. Within the resortís secure and private boundaries,each spacious and sumptuously appointed property has been painstakingly created to blend seamlessly with the surrounding habitat,allowing the private tropical grounds to preserve the sense of the exotic which is native to the island. SPICE ISLAND - At the heart of the West Indies lies Grenada, the exotic Spice Island.Its coastline is laced with pristine white sand beaches and azure bays, whilst the inland comprises swathes of green tropical forest,cascading waterfalls and spectacularnational parks.Grenadaís landscape boasts everything from dormant volcanic peaks to spectacular crater lakes and brightly coloured tropical reefs.Grenadian culture is vibrant and colourful;characterised by the rich tones of Calypso music and Caribb soul. Living meanwhile, is laid back and easy with locals sharing an infectious,happy go lucky attitude. Main features • 5 star resort set in 41 acres of tropical gardens • Up to 70% Completion finance will be available enabling investments from £106,000 plus legal costs. • Luxury hotel management company - manage and promote the resort • Retaining high net yields

• 4 weeks personal use a year • Annualised return forecast to be 65% Why purchase • Accessibility - many direct flights • Carefully planned and government backed development strategy • Lower prices than other islands • Increasing tourists numbers • Lowest Crime Rate in Caribbean • Demand for 5 star out ways Supply! Benefits of the market • • • • • • • • •

First to Complete Superb Location Highest Quality Partners Finest Hotel Operator Best Property Construction Lowest Comparable Price Per m2 Excellent & Qualified Property Yields High Scope for Capital Growth Property Tax Concessions

Ariel View

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Guaranteed 10% Net Returns Per Annum for 5 YEARS!

Grenada

INVEST THROUGH IPD FROM $50,000 USD

Grenada - Hotel Cottages (SOLD OUT), 2 bed apartments, one bed villas, 2 bed villas available

Investment Highlights ■ Invest from just $50,000 (£32,258*) for a luxury 1,349 sq ft Villa ■ Guaranteed 10% net returns pa for 5 years, starting immediately ■ 10 year investment with defined exit and flexible personal use options ■ Total profit from $100,000 (£64,000*) over 10 years ■ 17% discount to RICS valuation ■ 5* residences with private pools & luxury furnishing included ■ Operated by one of the world‘s most renowned hoteliers ■ Facilities include secluded beach, luxury spa & fine dining ■ Located on Grenada‘s southern shore with breathtaking Caribbean views ■ Limited time offer - prices set to rise imminently ■ Guaranteed 10% Net Returns ■ Take advantage of this unique opportunity to invest in one of Grenada’s most prestigious resorts from a total price of just $50,000. *All figures are based upon the calculation of £1 GBP = US $1.55

■ Priced 17% below current independent RICS valuation allows investors to acquire instant equity as well as generate 10% net returns for 5 years guaranteed and excellent capital appreciation. ■ Flexible personal usage options are available and uniquely, for an investment of this type, your exit strategy is provided through the sale of the property into the investment or lifestyle market after10 years.

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INTERNATIONAL PROPERTY

Cape Verde The new global property and holiday hotspot

Why purchase

Benefits of the market

Leading Partner

• • • •

• Use a Self Invested Personal Pension (SIPP) to purchase your property - a SIPP offers considerable tax advantages • Island with occupancy at 95% • Expedia's Number 1 Choice • Unique 'pooled rental income' programme • Billions being spent on infrastructure developments

• Sol Melia is the largest resort hotel group in the world with over 50 years experience, more than 300 hotels in 28 countries on four continents and over 35,000 employees. The company’ system receives over 4.5 million hits every month and can maximise room occupancy throughout the year.

Earn 18% Growth for 7 Years Shared ownership 50% 5% completion Discount Guaranteed Mortgages on 30% completion balance • Instantly earn 6% p.a. on deposits during the construction cycle. • Prices range from 99,950 Euros to 1,000,000 Euros

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INTERNATIONAL PROPERTY

IPD

Cape Verde 2011

Sal Island bucks the trend Cape Verde resort is bucking the trend with soaring off-plan property sales Bucking the trend in many overseas property markets, IPD’s partners The Resort Group Plc has sold off-plan more than three-quarters of the 1,205 fully-furnished villas, apartments, studios and hotel suites planned for its flagship five-star development in Cape Verde, it was announced today.

start at 129,950 Euros for a studio rising to 449,950 Euros for a three-bedroom villa. For more details on The Resort Group Plc and what IPD can offer investors contact one of our sales agents today. info@internationalpropertydevelopers.com

The Dunas Beach Resort and Spa - to be managed by the world’s largest resort hotel group, Sol Meli· – is under construction on the west coast of Sal Island where work is advanced on the first properties scheduled for completion next summer. Seven spacious single-storey, detached fivebedroom, four-bathroom beachfront villas – already snapped up by investors – form part of the first development phase of 54 villas, 80 apartments and a Meli Gabi Club, a sophisticated bar and grill located right on the beach, with a pool, day beds and sun-loungers. Pension investors Commenting on The Resort Group’s soaring sales, marketing director Adam Ellis reveals that many purchasers on Dunas Beach Resort and Spa are pension investors buying through a SIPP (Self Invested Personal Pension). He says: “They have been attracted by our confident prediction – backed by global real estate services provider Savills – of annual capital growth of up to nine per cent over the next five years and double digit rental yields. All this means we only have a small number of our first phase properties still available.” Current prices of the properties at Dunas Beach Resort and Spa, which vary with size and location,

Looking for a Hotel Suite Investment? Then look no further Contact us today for more details info@internationalpropertydevelopers.com

Turkey into 2011

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Turkey outpaces everyone Turkey's favorable climate, archaeological sites and beautiful beaches make it a popular tourist destination, attracting around 20 million visitors per annum. As the Turkish economy continue to expand the possible membership of the European Union will further lift the economy. Ongoing government reforms are being introduced and the period of co-operation with business and overseas investors continues to develop to facilitate an ever increasing property market in Turkey. It is estimated that Turkey needs approximately 400.000 new residences each year. Turkey Investment Property gains momentum as the Turkish economy grew an annual 10.3 percent in the second quarter as record-low interest rates helped push output above the level it reached before the 2008 collapse of Lehman Brothers Holdings Inc. The increase, which matched Chinaâ&#x20AC;&#x2122;s as the fastest expansion in the period among the Group of 20 major economies, followed growth of 11.7 percent in the first quarter, the state statistics agency in Ankara said today on its website. The median estimate of seven economists surveyed by Bloomberg was 9 percent. The economy grew 3.7 percent from the previous quarter after seasonal adjustment. Turkish consumers are driving a recovery from last yearâ&#x20AC;&#x2122;s 4.7 percent slump. Bank loans for cars, homes and other purchases have risen every week since January, and consumer confidence rose to the highest for more than two years in the second

quarter. To ensure the rebound continues, central bank Governor Durmus Yilmaz has held the key interest rate at 7 percent for nine months.

The Turkish finance minister calls on Kuwaiti businessmen to invest in Turkey. The Turkish finance minister Wednesday called on Kuwaiti businessmen to invest in Turkey. Turkey's Finance Minister Mehmet Simsek invited Kuwaiti businessmen to invest in several projects in Turkey, including 5 billion USD of health campus projects. Simsek visited the Kuwait Chamber of Commerce and Industry on the sidelines of his visit to this country, and said Turkish businessmen could also take part in Kuwaiti projects. "If we can bring the Kuwaiti capital together with dynamic Turkish companies, we can do successful things," Simsek also said. Also, Kuwaiti chamber's chairman Ali Mohammed Thunayan Al-Ghanim said Kuwaiti businessmen had invested over 10 billion USD in Turkey in recent years and that figure had to be raised.

Luxurious resort only 20 km to Dalaman Airport - near Fethiye An acclaimed destination for local and overseas alike, Gocek Bay now enjoys a tourism complex of supreme quality only 20 minutes drive to Dalaman International Airport: Swissotel Gocek Marina Resort designed to fulfil all expectations of not only the seafaring circles, but also those who wish to spend their vacation relaxing without forsaking fun.

Gocek Luxury in Turkey with all the trimmings Type of villas

Benefits of the market

Main resort features

• 5 main types of villas, ranging in size from 115 to 350 m2 meeting every demand. You may purchase a villa with 2 rooms or 5 according to your requirements. • The resort extends to a total of 46.000 m2. • Prices are $700,000 USD

• Over 27 million tourists went to Turkey in 2008 (growing over 300 % in last 8 years) 30 million tourists in 2009. • Minimum capital growth in Turkey is 20% • According to the World Trade Organisation, Turkey is among the most dynamic 20 countries in the world with a 7.46% average growth rate for the last 5 years.

• Swissotel Gocek Marina Resort with 130 villas accessible by boat • Yachts will be serviced by world famous Camper & Nicholsons • Designed by American architectural firm, WAT&G

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Southern Florida’s Premier Property Developer

Southern

Florida

INVEST OR BUY TO OWN FROM $150,000 USD CONTACT US TODAY!

Why purchase • 200 awards of distinction for excellence in planning, design and architecture from industry experts. • Management team provides its customers with over 50 years of combined experience. • Three warranties to cover every home • 10 year warranty on major structural defects. Main features • Leading developer with range of master planned projects across Florida • Coastal, Intercoastal and Resort type communities • Miami provides a range of communities inside and outside of the city limits providing a range of lifestyle and investment options • Orlando provides a range of rental income opportunities Benefits of the market

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INTERNATIONAL PROPERTY

• Over 70 million tourists visit Florida yearly • 1,000 people move to Florida daily • Miami is one of the leading cities of the world with High Tech, Finance and Health Care industries expanding • Orlando remains the number one destination for vacationers period!

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Hotels and Consultants

Hotels and Resorts IPD provide a wide range of unique opportunities both residential and commercial. Featured opposite a sample list of some of the types of hotels and resorts projects we have been involved with - this list changes constantly and those shown are to reflect some of the markets and products we work in. If you are looking for hotel and resort investment options please contact us and we shall review your request within 48 hours. We are able to provide access to specialist hotel and resort investment market products and we request a confidential and professional approach to all enquiries. In the first instance please contact us to highlight your interests.

International Property Consultants IPD are consultants for investors and private buyers looking to purchase property within resorts, gated communities and hotel orientated complexes. As well as multiple unit type resorts we can also provide access to luxury one off homes such as estate properties and island retreats. We partner with leading international developers and leading property consultants to bring together a range of luxury projects to our valued client base at amazingly low prices. We have key team consultants located around the world in different time zones to serve the international marketplace -- all who act in a professional and discreet manner. Our clients have confidence in knowing they are

speaking directly to our consultant team and the decision makers -- and are therefore able to feel confident about the information and opportunities being provided. Start an enquiry today regarding one of our luxury resorts or gated communities and experience a first class service from start to finish. Visit and View - IPD's VIP client treatment The IPD policy is to offer all of our clients the opportunity to visit and view the projects we work on. Some of the inspection tours are heavily discounted, free or partly free. We offer these trips in direct conjuction with our partners and usually clients are met at the airport by a consultant and transferred to accommodation either within or near the property being inspected. As well as accommodation free golf rounds, food and spa treatments can be included. Professional International Property Consultant Team IPD will provide information in a timely fashion based upon knowing our clients exact requirements. All enquiries are treated in a professional and confidential manner.

We have key team consultants located around the world in different time zones to serve the international marketplace -all who act in a professional and discreet manner.

Investors Comment for 2011

IPD

Foreign property investors rank U.S. No. 1 NEW YORK - Foreign investors overwhelmingly ranked the U.S. commercial real estate market as their No. 1 choice for investment this year and viewed it as the best opportunity for price appreciation, according to a survey of foreign real estate investors.

of real estate globally, including US$265-billion in the United States. About 72% of the respondents said they plan to increase investment in the United States in 2011.

When ranked among countries targeted for real estate investment in 2011, the United States drew four times as many votes as the second-ranked Britain, according to an annual survey by the Association of Foreign Investors in Real Estate (AFIRE).

"They really are focused on New York and Washington and not the entire U.S.," Mr. Fetgatter said. "They're not hitting a lot of the market yet."

About 65% of the survey respondents said the United States offered the best opportunity for price appreciation, far outstripping the 10% who ranked China as No. 2. During the overheated market in 2006, only 23% put the United States as No. 1. "As the fear of a double-dip recession has faded, investors are becoming more enthusiastic about the prospects for the U.S. economy and are taking aim at real estate investment opportunities in the U.S.," said James Fetgatter, AFIRE chief executive. But the selection of property types also shows that investors are not optimistic about a near-term recovery of U.S. employment. Foreign investors ranked apartments as No. 1, retail as No. 2, and hotel as No. 3. Office, a typical favorite among institutional investors was fourth, and industrial brought up the rear. "You talk to economists, and they're saying that we're going to have 9% or 8% unemployment for the next several years. That doesn't bode well for offices," Mr. Fetgatter said. The survey respondents hold more than US$627-billion

"The increase in the interest and perception of the U.S. was a surprise," Mr. Fetgatter said. For about the past year, U.S. investors have focused their investment in very select, stable, physically constrained markets, and foreign investors seem to have the same sentiment, according to the survey. New York and Washington scored almost four times higher than third place Boston.

Rounding out the rankings of countries for investment, Germany came in third. China moved up to No. 4 from No. 5 last year. France dropped to No. 5 from a tie for third place with Germany last year.

Among emerging markets, Brazil displaced China as the No. 1 choice. China came in second, displacing India. Vietnam, which was unranked last year, came in fourth, displacing Mexico, which dropped to No. 5, according to the survey. Russia, which had been among the top five emerging markets in the last two years, dropped to 10th place. Read more on the Financial Post

Fly and Buy When thinking of buying an overseas property the best method is to fly to the location and take a look for yourself. We have a range of locations where you can either benefit from a subsidised fly-to-buy visit or in some cases free depending on if you purchase while there. Ask us for details on our fly-to-buy locations.

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INTERNATIONAL PROPERTY

Buying a Property Internationally

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Tips on The Buying Process 1.Contracts Never sign a contract that you do not understand (e.g.if it ’s in a foreign language). If two versions are provided, i.e. English & local language, ask your solicitor to confirm the English version is a true translation. Always read the contract! Ensure you are fully conversant with the terms and conditions you are about to agree to. Specific points to be clear about include: • What deposit is required?Is it refundable and under what circumstances? • For new properties,what stage payments are required and when? • What is included in the price and what is the cost of the extras? • Check the due completion date 2.Arranging Finance If you require mortgage finance, obtain an ‘Agreement in Principle ’for your mortgage before agreeing to purchase the property, or before signing any contracts and paying a deposit. If you are arranging finance on the property, ensure that this is stated in any contract and,where possible, seek an ‘opt-out clause ’if the loan is not agreed (which will ensure any deposit paid is refunded). Remember your mortgage will probably be in the local currency and you must consider the impact of fluctuations in exchange rates. However, if the intention is to receive rental income from the property, this may be in the local currency. 3. Specialist Advice Always ensure that you seek specialist advice from independent solicitors, valuers, architects and surveyors before considering a purchase overseas. They should be proficient in your chosen country’s laws and processes and also know the specifics involved in buying a property there. It is essential they confirm to you that all required permissions, licences and planning consents have been obtained. 4.Valuation Before proceeding with the purchase (especially with a resale property,regardless of age), ensure an independent valuation of the property is carried out, which should point out any problems with the property – e..g. subsidence, damp, wiring defects - and could also highlight any possible boundary disputes.

example, if the developer has borrowed money to build the development and this amount has been allocated against each plot as additional security to the developer’s bank. 7.Location, Location, Location Conduct thorough research about local facilities and transport. People gravitate to locations with a nearby airport,especially if it ’s served by a budget airline. But remember there are no guarantees that cheap flights will continue indefinitely in one location. Proximity to basic facilities like restaurants, shops and a beach are also important. Talk to people who already live/own property in the area you like to get a better understanding of what it ’s like to live there. And consider the property off-season - many resorts (beach and ski) are seasonal and practically shut down when the tourists return home. 8.Local Money Open a bank account in your chosen country and, where relevant, ensure you obtain a Certificate of Importation for the money you bring in from your home country. Set up standing orders in your local bank account to meet local bills and taxes. Failure to pay your taxes in some countries such as France, Portugal and Spain, could lead to action by the authorities. 9.Extras Bear in mind that bills don’t end at the asking price. Lawyer’s fees, IVA, local and national taxes, insurance, etc must all be met in your host country and can often add at least a further 10% to your cost of acquisition. Ensure you are, therefore, aware of the costs charged by the legal and government authorities for purchasing a property in your chosen country. 10.Tax Check the inheritance and capital gains tax laws of the country where you are buying. For example,in France your children automatically inherit rights to your house; your estate may not automatically pass to your spouse and you may, therefore, need to compile a separate will. If you take a mortgage out on a property in France or Spain,it may reduce your inheritance tax liability as there is a debt on the property. If you rent out your property you will be liable for income tax.

5. New Build If buying from a developer, what ’s their track record and how long have they been trading? Are references available from previous buyers? Check comparable properties in the area and any re-sales offered on the same development. If the developer mentions ‘rental returns ’, what are these based on? Check they ’re feasible and have been achieved in the past. Before making any commitment, try to give yourself a `cooling off` period if you see a `must-have ’property and are tempted to put down a deposit there and then. You must be sure that you ’re making the right choice.

Conclusion Remember - remain clear about your objectives. You must be sure about why you ’re buying and what you’re hoping to achieve. Is it for retirement purposes, purely for holidays, or an investment? You may be undecided, e.g. had planned to buy in Spain for holidays and eventual retirement, but now have decided to go for an emerging market like Montenegro, where you hope to profit from the investment. Can you really afford the risk associated with this change of decision?

6.Title/Property Ownership Does the developer or seller have full title to the land or property? Ensure you do not inherit a debt on the property before you purchase, which your solicitor should also be able to check. For

If you are looking for a property overseas it is wise to get pre approved. Our partners offer mortgages in 45 countries and have a range of products available. Ask IPD for details.

Egypt 15 TOP DEVELOPERS BUILDING FOR YOU

Why purchase with IPD

Location Location Location

• 15 leading world-class developers to choose from • Guaranteed Rental Options • Leading Hotel Chain partners • Mortgages available • Huge untapped young Egyptian population requiring living accommodation • Prices range from £40,000 for quality build property

• • • • • • •

Cairo New Cairo 6th October City Hurghada, Red Sea El Gouna, Red Sea Gamsha Bay, Red Sea Top Rated Egyptian Developers in the Cairo area • The Best Lifestyle and Investment Location available!

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Buying a Property in Egypt

IPD

Egypt - a strong investment potential and always great lifestyle location Overseas property investors benefit from continued interest in the Egyptian property market as Egypt is very popular with buyers in western European countries such as France, Italy and the UK as well as North America. The demand for property in Egypt will remain high due to it strategic location making this area a strong investment proposition. The tourist market will see continued growth as Egypt has an eternal attraction and the climate together with historical locations and easy access to the ever popular Red Sea will only build on the strength of the property market from an investor or lifestyle aspect. Egyptian Developers are making headway with improving

standards in one of the world's top tourist destinations. Egypt is the land of pyramids and ancient civilizations, sun-drenched beaches and superb diving, comfortable climatic conditions and spectacular clear water. A land with quintessential mix of the old and new, extending from its architecture to its arts and beyond. A land truly bustling with life, beauty and excitement. Visiting Egypt would be the dream of a lifetime. Property for sale in Egypt is fast becoming a haven for investors and private buyers alike - this is a great market to consider.

The Lifestyle

France IPD

INTERNATIONAL PROPERTY

■ ■ ■ ■ ■ ■ ■ ■ ■ ■

Majestic French chateau Golf course, world-class spa Children’s adventure zone Grounds for outdoor pursuits Well stocked fishing lakes 9 Hole golf course, French spa Children's indoor adventure zone Pools, restaurants, bars, activities 1, 2 and 3 Bedroom luxury apartments Viewing trips from just £100pp

The Investment ■ ■ ■ ■ ■

50% Profit guaranteed exit strategy Rental guaranteed at 6% for 5 years 5% Cash-back paid on deposit 70% Non-Status finance available Viewing trips available from £100pp

Should you wish to sell your property back to us five years after completion, we guarantee to buy it back from you at 150% of the price that you paid for it Full Ownership from £195,000 Fractional Ownership from £56,000

IPD

Location

Looking for a property in a prime location If you are looking for the best prime locations in a range of international markets it is not always the easiest task to undertake. To be confident it is wise to use some of the ways outlined below to get the information or access you need to make those important decisions. Use professional level companies who have connections with the best developers or agents in the country or countries you are interested in. There are 1,000's of ways of accessing these prime location sources and while it is important to consider using a local agent the most assured way of knowing the type of products available is to use a property developer with a good repuation. This way you can build confidence in the fact that the developer has done some research into local demand and buying trends as their financial upfront input is not going to be actioned lightly.

Use an consultancy with either a Brokerage who is a partner or a Consultant that has its own internal Brokerage Division as with IPD as an example. Property Developers will also select the best or prime location plots and lands for their building or development as without selecting the best areas it is unlikley that buyers will purchase and the possibility of a failed project increases without this consideration. Location Location Location is an often used term in the media but it does have its point when coming to purchase a property especially if this becomes a re-sale situation as what you may be looking at as acceptable might to others be the reverse. So consider all the options when looking at location and selecting a property in a prime spot even if more expensive might be your best option in the long term.

Lifeâ&#x20AC;&#x2122;s one long Beach in Turkey Turkey has hidden arcs of sand, pretty shingle bays and unspoilt villages with simple restaurants opening out on to the beach. Cirali Beach, Turkey - Olympos beach, 3km sweep of beach flanked by two huge mountains, the whole area around Cirali is dramatically beautiful, while the village behind offers simple restaurants and pensions, with a pleasingly hippyish atmosphere. Ovabuku beach, Turkey is the prettiest in a chain of three bays, along with Hayitbuku and Kizilbuk. The beach is a relatively small stretch of creamy shingle, backed by a cluster of small restaurants and pensions, while the countryside around has a lush beauty; pine forests mixed with oak, myrtle and carob trees. Butterfly beach, Turkey - most visitors access the beach by boat from Olu Deniz or Fethiye, but for adventurous trekkers there is a rocky path that leads down from the road (around 40 mins down and an hour back up). Amos - Hidden between the resorts of Turunc and Kumlubuk on the Bozburun peninsula, Amos is a small cove tucked between two headlands. It's a bit rough and ready and the pebbles are scattered with ancient wooden loungers, but there is an unspoilt beauty that makes a stark contrast to the bling and bright lights of Marmaris, which lies across the bay. Gemiler - It's hard to believe that Gemiler lies just a short way away from Olu Deniz beach; it's rarely crowded and reached by boat or bus ride from Hisaronu, through the fertile Kaya valley, past tobacco and wheat fields and out to the very tip of the Fethiye peninsula.

Kaputas Beach, Turkey - is a popular beach with locals, which gives it a very different feel to many of Turkey's more accessible stretches of coastline. Dolmuses (minibuses) between Kalkan and Kas stop off at Patara, and if you go on a windy day there are fabulous waves. Hisaronu Bay Hisaronu beach, Turkey has two small beaches that look out towards the Datca peninsula. The beaches are popular with windsurfers as there's a permanent breeze and if you fancy a change of scene, the equally unspoilt beaches at Selimiye and Orhaniye are a short dolmus-ride away. Ortakent beach, Turkey Lying mid-way along the Bodrum peninsula, Ortakent is not exactly a secret, but its delightful beach, backed by market gardens and the agreeable quiet bustle of a rural village. Ortakent is a great option for a family holiday with older kids in tow, as the beach offers a range of watersports, from wake-boarding to kayaking and sailing. Avoid Gunluklu - hidden down a long track from the Fethiye-Gocek road, surrounded by pine forests and sweet gum trees. Gunluklu is an ideal option if you want a feeling of total escape with Fethiye just a short drive away. Kabak - there is nothing on the beach, and only a few secluded campsites behind it; if you're looking for a back-to-basics beach experience this is the perfect spot. Most of these beaches can only be reached by car or boat, meaning they are rarely busy, even in the height of summer.

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Samos

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Greek Island Luxury Resort Living The Lifestyle ■ 5 Star beachfront spa resort ■ 35 berth private marina ■ Panoramic sea views ■ 1200m2 Spa, two beaches ■ Restaurants, bars and shops ■ Stunning Beachfront Spa Resort ■ Superb range of facilities The Investment ■ 140% Buy-back guarantee ■ 15% return prior to completion ■ Up to 70% non-status finance ■ SIPP Compliant investment ■ 8% Rental Guarantee for 2 years ■ Returns exempt from capital gains tax ■ Protected from company funds

Guarantee your pension fund to grow by a minimum of 8% per annum for two years postcompletion, plus substantial capital appreciation and high anticipated rental returns thereafter

ATTENTION COMPANY DIRECTORS: The scheme can invest in areas of personal interest to the director including property both residential and commercial, private companies, equities, gilts, tracker bonds, deposits, investment funds, etc. The involvement of the director in the management of the SSAS, SAP or SIPP depends entirely on the level of personal interest. It can be a hands-on or hands-off arrangement. Investment expertise is not necessary. Halcyon Hills Luxury Hotel Spa Resort complies with all regulations relating to being held in a SSAS, SAP or SIPP.

IPD

Southern Florida

Multi Award winning SH Communities now with IPD SH Communities Keeps Building on Its AwardWinning Reputation Our partners in Florida continue to be an award-winning homes builder with in-house design by Southern Architectural Group with communities to be found in Homestead, Davie, Miramar, Boynton Beach, Estero, and Melbourne. While celebrated homebuilders Jerry Aguirre and Hector Garcia are duly impressed with the countless design and planning awards their company has earned over the past 25 years, they take the greatest pleasure in their growing family of satisfied homeowners residing in the 50-plus SH Communities sprinkled throughout Florida. That sentiment is amplified by their company slogan, “We’re Building Something Special for You.” It‘s a slogan that recognizes success hinges on a constancy to purpose and a commitment to excellence. “Our reputation is built on the satisfaction of our homeowners and affirmed by industry experts who’ve honored us with over 200 planning and design awards,” said Aguirre, noting SH Communities has earned the most awards of any builder in Florida’s BEST Awards over the past five years. “We don’t develop projects, we create communities that have a sense of place and neighborhood,” said Aguirre. “And within our communities we build homes not houses – homes with heart and soul and lifestyles that are a careful blend of imagination, inspiration and architectural artistry.” “The future is Florida and we’ve been building it for 25 years,” said Aguirre, noting the company’s seven active communities are: ■ Woodbridge Ranches, a community planned for 66 upscale, estate homes on 60 pastoral acres with access to more than 100 miles of equestrian trails at Broward Countyís in the Town of Davie. Six homes with up to 6,100 sq. ft. of living area are available in 19 floor plan designs and four distinctive architectural styles with ‘all the bells and whistles’ at prices from the high $700s to over $2 million.

■ The Village at Miramar, a gated community of 2-story Mediterranean-style townhomes and townvillas and a pair of neighborhood parks, tot lot and a community clubhouse with pool, sundeck and cabana baths. Two- and 3-bedroom townvillas from the $190s offer up to 1,502 sq. ft. of living area, while 3- and 4-bedroom townhomes from the $250s offer up to 1,973 sq. ft. of living space. ■ Boardwalk, a family-oriented community of Mediterranean-style, 2-story townvillas in Miramar. A trio of 3-bedroom plans from the mid-$200s with up to 1,478 sq. ft. of living area, plus clubhouse and pool, children’s playground, and Somerset Academy, a neighborhood pre-K thru 8 charter school. ■ Waterside, a gated community of Mediterranean-style 2and 3-story townhomes, plus 3-story clubhouse and 20 private boat slips and mechanical lifts on the Intracoastal Waterway in Boynton Beach. A total of 12 three- and 4bedroom plans with up to 2,981 sq. ft. of living area are priced from the $400s to $1.9 million. ■ Ventanas Del Sol, a gated, lakeside community of upscale single-family homes in the heart of Homesteadís historic district, offers an attractive selection of nine plans with up 3,122 sq. ft. of living space and as many as six bedrooms and four full baths at prices from the mid-$200s. ■ Wickham Place, a parkside community of 1- and 2-story single-family homes offering nine plans with up to five bedrooms and 3,041 sq. ft. of living area are priced from the upper $170s. ■ Copper Oaks, a gated, lakeside community of luxury 3- and 4-bedroom townhomes in Estero, Florida, just north of Naples. Two- and 3-story townhomes offer up to 1,921 sq. ft. of living area at prices from the upper $180s. “The homes and communities weíve built are our real trophies, offering lifestyles unsurpassed in luxury and homes unequaled in design,” said Aguirre. Lower Prices - Not Lower Standards Our view at IPD is that we like to offer quality property that is built to last and is ideally suited to the quality lifestyle seeker and investor. Buying into a community means more than buying a property. For more information about SH Communities and some unique buying opportunities contact IPD on info@internationalpropertydevelopers.com

Mortgages

IPD

Overseas Mortgage Services IPD offer a reliable and solid service with leading overseas mortgage specialists. If you are looking for a place in the sun as a holiday home or an investment, we can now help you to get a mortgage on your overseas property. Buying a property in another country can be a daunting prospect, but with our services you donâ&#x20AC;&#x2122;t have to worry about dealing with foreign lenders and the legal complexities involved. Working closely with our overseas mortgage partner we will take care of everything and make the whole process as safe, simple and stress-free as possible for you. Whether you have started house hunting or are thinking about investing for the future, our overseas mortgage partner can get the best deal for you Ăą one that meets your individual requirements and personal circumstances Ăą at the best rate. Before you spend time travelling around your favourite country searching for your dream home or commit to an inspection trip, why not get your finance preapproved? Our overseas mortgage partner offers a FREE Approval in Principle certificate, which puts you in a stronger position with your seller and gives you a head start on your mortgage application. What is more if you already own a property abroad, our overseas mortgage partner offers a remortgage service for residential properties in France, Spain, Portugal, the USA and lots more countries. So we can help you to get a cheaper mortgage or release the

Many of the developments we offer are available with built-in guaranteed mortgages and finance availability. equity within your overseas home to reduce your outgoings or buy another property. Whatever stage you are at, you can rely on us to guide you every step of the way right through to completion. Let us help you take the first step towards realising your dream. Contact us today and let us make it easy for you.

FREE Approval Our overseas mortgage partner offers a FREE Approval in Principle certificate, which puts you in a stronger position with your seller and gives you a head start on your mortgage application.

IPD

Currency

Currency Exchange Foreign Exchange Rates for real estate and overseas travel. Buying a property abroad is often the realisation of a personal dream and probably represents one of the greatest expenses of your life. As part of the purchase process, you will inevitably need to transfer a sum of money via a currency exchange into another currency in order to pay for your property. This vital element of the purchase process - one that is often overlooked - can make a huge difference to the price, in sterling, that you will have to pay for your dream home. Exchange rates change constantly and 10% fluctuations in a relatively short space of time are not uncommon. This could effectively increase, by 10% or more, the sterling amount that you will have to pay. There are various organisations that can convert your sterling into whichever currency you need. Specialist currency dealers will normally offer you a better rate of exchange than your bank and provide a more personalised service. Foreign exchange companies like Moneycorp often offer a pro active service to their clients, using their expertise to monitor exchange rates on the clients' behalf in order to achieve the best possible rate of exchange. If you ask your bank to send the money you should expect them to charge you for doing so. The local bank may also make a substantial charge for receiving the money. A reputable currency trader may well be able to reduce those overseas charges substantially by

sending the money via a cheaper route. Your currency can be delivered any time within two years at an exchange rate fixed at the time of purchase. This is called 'forward buying' and it will help you secure an exchange rate at an advantageous level even if you do not have all your sterling available to transfer at the time of purchase. Forward buying removes the risk of adverse currency movements that could lead to the currency value of your overseas property increasing between the time of signing and the contract and the actual payment. International Property Directory can offer through its partner Moneycorp. Moneycorp can help you achieve the best exchange rates making your money go further. They can also offer a range of services that will help protect you against adverse currency fluctuations.

'forward buying' help you secure an exchange rate at an advantageous level even if you do not have all your funds available to transfer at the time of purchase.

Contacts

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IPD Policies This Policy covers our treatment of personally identifiable information that you provide when you register and use International Property Directory and any associated service.

IPD 1673 Richmond Street, Suite 305 London, Ontario N6G 2N3 CANADA Telephone: North America : (+1) 519 200 7004 International : 00 (1) 519 204 0274 sales@internationalpropertydirectory.com International Fax : 00 (1) 519 204 0274 Sales agent locations: North America Canada, USA, Mexico South America Brazil - Portuguese / English / Spanish spoken Europe Spain, Italy, Turkey, UK - Arabic and French spoken Middle East Dubai, Egypt - Arabic Spoken Africa South Africa, Egypt - Arabic spoken Central America Panama, Costa Rica - Spanish spoken Caribbean Barbados, St Lucia, Dominican Republic, Grenada

International Property Directory data collection, use of and disclosure procedures as follows. In order to provide you with our services, better understand your needs, and offer you related services, International Property Directory collect and use information about you when you use International Property Directory. Your personal information will not be sold or leased and will not be provided to third parties for marketing purposes. Your personal information may only be provided to those parties from which you are seeking a product or service and such information is only to provide back the services or product in question - primarily real estate. When providing such details about yourself you agree to be bound by our privacy act. Your security and confidentiality is important to us. International Property Directory are committed to protecting the security of your information and keeping it confidential. Data is stored in controlled facilities, protected from unauthorized access and kept only as long as it is reasonably required. You may choose not to receive marketing material or offers from International Property Directory and if so please email us or contact one of our representatives if you do not wish to receive this information. Upon request, you may view the personal information about you that International Property Directory hold's. Personal information collected for and by International Property Directory may be stored and processed in Canada or the United States and may be subject to the legal jurisdiction of these countries. If you have any questions or concerns about your privacy relating to the International Property Directory services please contact us. As an introducer International Property Directory supplies our services to buyers and investors free of charge. All monies are passed directly between seller and buyer. We go to great lengths to supply information in as accurate form as possible but we cannot hold any responsibility as relates to any transaction that takes place. We recommend that buyers / investors or buyers carry out their own due diligence procedures prior to making any financial commitment. IPD provides inspections tours and will make arrangements for accommodation and flights in conjunction with sellers. IPD also has the ability to provide assisted tours depending on location and dates required.

IPD Referral Program - Refer and Earn Your opportunity to ‘Refer and Earn’ by introducing buyers looking for International Residential and Commercial Property Contact us for more information.

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