Property Agency

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Dubai property Is Over – Hardly

Saturday, October 21st, 2017

It seems that every time I tell someone what I do, I get the same reply. It goes something like this

“Dubai property is over, yesterdays news”

“Really?” I say,

“Absolutely, it was booming a few years ago but not anymore”,

“According to whom?” I ask


Good news all round

It seems that the property developers don’t share these concerns as billions of dollars have been invested into projects newly announced this year. The largest project announced in Dubai to date was announced this year. Capital values haven’t stopped increasing and concurrently neither have rental values.

The finance market is on the up and starting to mature. A broader range of finance products have been announced by existing banks offering more sophisticated and developed options as well as many newer banks moving in and presenting their spectrum of products.

There are also an endless number of articles by financial advisers which sing the praises of investing in Dubai property. These cover topics such as the new property laws that have been introduced which have supported international investment in Dubai through to anecdotes about 25% of the world’s cranes being located in Dubai.

It is hard to believe that so many large organisations that have invested billions in Dubai have not done their due diligence beforehand.

No news is bad news

It seems that the concerns of the naysayer arose not from negative reports of Dubai but rather a lack of positive ones. All this information is not filtering through to the public at large, at least not in the UK. Dubai is no longer mainstream news as it was five years ago. The novelty of giant artificial islands or an entire brand new city made from the ground up in the desert has worn off. In order to find new information, specialist news services on the Middle East or international economy and property have to be read.

As a result people are not as excited about Dubai property as they were five years ago when it could be argued that it is now a more exciting time. Emirate Ventures Ltd, a UK based Dubai property agency, has seen a healthy level of inquiries and sales continue despite this change in perception.

Everyone is an expert apparently, but the real experts agree that Dubai is not over by any means. It has matured and continuing to grow at a very healthy pace.

Renting Waterfront Property – 3 Tips To Locate Suitable Property

Thursday, October 19th, 2017

Most people prefer taking a vacation near or on a waterfront property. In the current days, waterfront areas are becoming very popular making it not very easy to locate rentals, especially in your desirable location. With less than a bit of research, you would find a lot of options for waterfront rentals in your required location. Even before you start your research, you would be at your vacationing destination.

1. Check for the Signs

A time-honored and a traditional method to look out for rentals is to visit the location you are planning to vacation at and then looking around to search a home that suits you best. In quite many resort towns, waterfront rentals have signs and hoardings in front of the property; either with the manager’s or owner’s number and name being displayed. At times in such places signs are very discretely positioned as the owners are concerned about the property appearance. This would require you to search a bit. Also, the property owners may put the sign only when they find vacancies within their schedule. The drawback of this is that one would perhaps not see more than the outside scenario of the potential waterfront rentals. It would say that you would not know the amenities such as the cable, the internet connections, the number of bedrooms etc. This would suggest you to call the concerned home owner or the property manager for information. Conversely, if this turns out to be less than what you expect, then your entire process gets replicated.

2. Office – real estate agent

Going to a real estate associate’s office or any property management firm on site would help you right with the search. These businesses are often on or near the main street of the town. Most frequently such firms would display pictures and other information on rentals etc on bulletin boards inside or even the windows outside. If you drop within, the employees would be glad to provide you with a flip through album about rentals. This would apparently have pictures of exteriors and interiors mentioning the floating costs of specific areas. It is implied that you go on an on-site visit to waterfront property agencies so that you get an idea on various ranges of rentals helping you to make spot decisions.

3. Internet is an option

If your vacationing destination is located quite far from your place of stay, then you would not have enough time to check the place. This is exactly when you can browse the internet for your search. Property managing agencies have good presence in various sites over the internet. It is equivalent to checking it in person as you would know the look of the property in and out with all other vital information. These firms would know the resort locations in their extensive databases. It would list all the facilities of the waterfront area helping you get idea on your expected vacation. Many sites dealing with resort rentals would have provisions to book online therefore saving time with personal visits and phone calls. Subsequently during your vacation, you can decide about where to visit next, considering the stack of information you would have.

Once you are aware about where to search, looking for a waterfront property rental could be essentially fun. On the balance, the pleasure of every vacation is in its anticipation. Locating the consecutive waterfront rentals would then make you more enthusiastic.

I Dream Of A Majorca Property

Tuesday, October 17th, 2017

It was around the end of May of this year that I had decided to resign from my job in London as a counsellor and take a nice weeklong holiday to Majorca, Spain. This was a starting point in me hunting for a new place to live, check out Majorca property prices and drink loads of Sangria on the beach! It would be my first trip to Spain and I have long since had my heart set on owning a property in Spain one day. Now was my chance to begin my research.

I made sure that I was packed up to the brim of my suitcase with plenty of mini-skirts, vests, flip-flops and a whole range of bikinis. Of course, I could not leave without the odd high heels and very important cocktail dresses. I had also cleverly packed a guide on Majorca and kept in mind to visit the property agencies in Palma De Mallorca, for my search for a Majorca property.

On Arrival

As soon as I arrived at the airport, I could not wait a single moment to get to Santa Ponsa (a resort in South-West Majorca). My reaction was as expected when I got to the beach! I was mesmerised by the deep blue sea and the warm white sand that tickled in between my toes. This was my first beach holiday, every bit of Majorca was so fascinating that I was like a child walking into a sweet shop. The first thing I wanted to do was swim in the salty sea and experience the waves pulling me back and forth.

Of course, I had not forgotten about my main purpose, of researching Majorca property prices. I had noticed that the properties appeared spacious, bright and airy. Some houses were large, all of them with balconies (overlooking a beautiful view of the beach) and often with exotic trees standing over the roof. Children were free to roam the streets, and were so impressively polite to passers-by. I was beginning to fall in love with this place after only 24 hours.

Santa Ponsa, comprised of many tourist bars and Irish pubs, but it also contained many of the original traditions of Spain. This particular part of Majorca catered mainly for the Irish tourists, hence the numerous Irish themed pubs. I was expecting more tourists than Spanish locals in this area, but I was surprised to see that there were many Spanish people living locally in this area speaking their native Catalan tongue.

Property searching

I caught a bus up to Palma, a very cosmopolitan, vibrant and modern city. One of Palma’s major landmarks is the large Gothic Cathedral that overlooks the sea. As soon as I arrived at the bus depot, it was not hard to spot the magnificent building intricately designed by Antoni Gaudi in the late 1800’s. I was becoming even surer of my decision to purchase a property on this island.

The main city centre was busy, but it was not like the hustle and bustle of London Oxford Circus. People looked relaxed, no one looked like they were in a hurry and best of all people were smiling. I decided to visit a very swish looking property estate agent; they were very polite to me, sat me down and offered me a cool beverage while I waited for an agent to come out.

The agent was a rather friendly middle-aged man, very well tanned, dressed in a short-sleeved shirt with the top button of his collar undone, approaching me in a friendly relaxed manner and a big smile. We chatted for a short while, he explained that properties in Majorca have risen by 18% since 2004 with the average price being 750000 Euros; depending on the area one chooses to live in, you could buy a flat for 150000 Euros.

While the agent was explaining the finer details of buying a property in Spain, I could not help but notice that his approach was unlike any other agent I had come across. He was not trying to sell the company’s services; I guess he felt that there was no need to place emphasis on making a sale on my dream Majorca property, I was sold on the idea even before I stepped into the office!

With all of the information he had given me, I decided to plan my days exploring the island, talking to locals and comparing prices with different agencies. The only thing I was disappointed with was that the properties did not come with a hunky male Spanish helper!