Overseas Property News
Malaysia
Malaysia Best for U.K. Property Investors
For U.K. buyers in search of a holiday home or investment property in the sun: Malaysia is perhaps the best country to make an overseas property investment in. For a start it is one of the only exotic destinations with a tropical climate that you can get finance on your purchase, 70% Loan to Value to be precise. But that is a benefit to everyone, Malaysia's law system is what makes it best for U.K. buyers.
Left over from the British colonial era, Malaysia's property buying process will be easiest for U.K. buyers because it is almost exactly the same as buying in the U.K, even the contracts and all documentation is in English.
On top of that there are absolutely no restrictions on foreign ownership, in fact foreigners are granted automatic residency. There is no inheritance or gift tax and Capital Gains tax on property sales was recently abolished.
Malaysia's emergence has been tied to its incredibly strong tourism market, and the rapid expansion thereof. Take Sabah for instance, on Malaysia's beautiful coastline where tourism is growing by 20% year on year.
DSR have a property in Sabah, and it is one of the best property investment opportunities on the global market without a shadow of a doubt. The property is under the management of the five star Nexus Resort Hotel, right on Sabah beach. The hotel is not only already open and at maximum occupancy, but has won 17 awards in its 8 years of operation, including the Virgin Gold award. A good catchphrase for the resort is "tranquil tropical paradise, but only half an hour away from Kota Kinabalu airport.
1-2 bedroom villas on the Nexus Resort , aka the Nexus Residencies start from £115,000. You get 7% of that back each year for the first five years as a guaranteed rental yield, under the expert management of the Nexus resort. The villas are also serviced and taken care of by the resort staff, so you can rest easy.
The 7% rental yield could be taken to the bank, and I don't mean metaphorically, I mean to put against buy-to-let finance, or used to pay off whatever finance you did use to pay for the property. Capital appreciation for almost the whole of Asia, including Malaysia is strong between 20% and 25%, which means by the time your five year guaranteed yield ends your property is worth twice what you paid for it.
Find out more about Malaysian investment property at:
http://www.davidstanleyredfern.com/investment-property/malaysia/
Contact DSR
For more information on the properties available with DSR please make an enquiry on a particular property of choice or alternatively contact us using our contact details.
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