Having a villa fronting a beach or the tranquil waters of a lake or river never fails to make it to the top of the list as the preferred home that often remains a dream. And once you’ve achieved a muscled financial independence, don’t end up getting a condominium unit in the heart of the city which can be quite useful for daily work. But never lose sight of the dream. Nothing really beats a waterfront property as an investment or a place you can retire in. But to be fully satisfied in what you’re getting, here are few things to consider:
? Know where you want your waterfront property to be. This is often better answered when you also have a clear grasp of what your want to do. Do you want to go for a swim most of the time, go fishing, boating, or host outdoor parties. A beachfront party facing the beach of the Atlantic if you leave is the east coast or the Pacific if you live in Hawaii or California is tops on the list. Swimming, boating and hosting beach parties can be just a few walks away. It’s also a good thing to consider whether you want a rustic suburban setting which is more secluded or an urban setting where the commercial malls are just a few minutes’ ride away. A lakefront property is another option, whether natural or artificially made like the Table Rock Lake in Missouri. You won’t get sand beaches there, but fishing is great.
? Do some research on your own about federal and state proper laws governing waterfront property ownership. Your real estate broker should know or have colleagues in the state or town where you want to purchase your property. But it’s always a diligent thing to have some knowledge about it. If you plan on building a boat house on a lake, check with local ordinances as there may be restrictions in doing so.
? Like with any property, you should have an ocular inspection of what you are getting. Bear in them in mind the waterfront properties are often the most expensive given the same lot and house size. Be especially wary of cheap too-good-to-be-true deals on waterfront property as they could suffer flooding problems when the waters are at its high tide conditions. Or the waters could be so polluted as to make swimming or fishing impossible. You will have problems insuring the house if the water levels have seasonal variation to threaten flooding. Do talk with neighbors and local officials to verify this as the broker will hardly divulge these things.
? The clearer the waters, the better but that also makes the prices higher. Properties fronting clear rivers and lakes are the most expensive with all things equal.
So there you have it, a few simple and resourceful tips for you if you are looking to get a good waterfront property without going through the wrong steps and possibly regretting your decision later.
Look up a suitable waterfront property sale on our waterfront property listings
While the world struggles with the economic downturn, it might be thought that the market for luxury property investment is somewhat slower than it once was. But with recent news that Germany and France are out of recession, things are beginning to look up. And many people involved in this industry would also say that the market for luxury property investment is one that remains buoyant because the kind of people who invest in this do not simply disappear overnight, even in a recession.
But if you do have the kind of capital required to invest in this kind of field, where do you begin? Well, you’ll be well advised to pool your resources with other like-minded investors. In many cases, the best advice might be to find a company that specialises in sourcing and organising luxury property investments.
These companies focus their efforts on compiling a wide range of properties, so that there is something for a wide range of investors; both in terms of cash available as well the type of investments. As one of the most popular destinations in the world, it will be unsurprising to learn that a great deal of luxury property investment takes place in France. There are also a substantial number of properties available in Spain too. Due to their climates perhaps the UK and Germany have fewer of these sorts of properties.
In more specific terms, you may well find that a lot of these developments take place in the French Alps, or on the French Rivera. These kinds of places have always been extremely popular among the very, very rich. Having access to beautiful mountains and of course skiing or snowboard runs, makes for a very attractive activity centred property investment.
Similarly, the French Rivera is the place to be seen, where millionaires can spend some quality time with other millionaires – perhaps enjoying the coastline of this area via the use of luxury yachts or doing other water sports.
There are a great many aspects of luxury property investment that can seem somewhat daunting for this reason many people considering making an investment of this nature decide to go to a company that organises the entire process. There are a range of firms that make it their business to find out about suitable investment opportunities in this sector. As European economies begin to come out of recession, it seems that many high net worth investors.
Gino Hitshopi is highly experienced in the realm of real estate investments, having worked in the luxury property investment sector for many years. For more information please visit: http://www.millionaire-investments.com/
Are you relocating to Austin? Are you worried about where you will stay because the property prices in this city are somewhat high? Do not worry, all you have to do is go to the right real estate agent and you will be able to find a house or apartment at the right price.
There are primarily two disadvantages of trying to look for property without a good real estate agent. The first disadvantage is that you will require a very long time to find people who are willing to sell or let out property if you do not take the help of an agent or broker. However, even if you have some distant relative or a friend of friend who is willing to sell a house, you will not be able to determine the right price of the property without the help of an experienced agent.
Actually rising property prices is a good sign and it is a good idea to purchase property in a place like Austin where there aren’t too many good houses that are yet to be sold. Many of the software giants are setting up shop in this city and therefore a large number of people are coming to stay in this city. Not only do these people need to stay somewhere, they also have the money to part with handsome sums to purchase or hire upscale properties.
There are several factors that determine the price of a property. If you are relocating to Austin, you may consider investing in a property in the city because the value of the house is likely to increase over a period of time. Only experienced real estate agents are capable of understanding why the prices of properties in certain parts of the city are likely to increase and why the prices of properties in other parts of the city are not likely to increase in the future. As a newcomer to the city, you will naturally want to purchase a property which is going to yield returns in the long run.
Finding a good broker is indeed a difficult task if you are relocating to Austin. Go to Austin Discount Realty for advice from an experienced and honest broker.