openPR Logo
Press release

Property Frontiers' International Real Estate Outlook for 2007

01-03-2007 08:44 AM CET | Industry, Real Estate & Construction

Press release from: Property Frontiers

Property Frontiers

Property Frontiers

2006 has been another formative year for property investment markets, with the likes of Bulgaria and Dubai dominating media coverage and experiencing phenomenal popularity. However, as they edge ever closer to their saturation peaks and 2006 draws to a close, investors are setting their sights on new property markets. With the number of budget airlines escalating, an increasingly wealthy ageing population and an escalating number of first time buyers attempting to get their foot on the ladder abroad, sales and growth in international property investment are likely to soar in 2007. Property Frontiers expect that 2007 will also see the market segment between lifestyle and pure investment purchases.

As previously mentioned, we predict that next year may pose substantial risks to the popular locations of 2006. The final quarter of next year will see a large proportion of Dubai’s off-plan properties complete, adding substantial stock to Dubai’s rental market. The current imbalance with limited supply and extensive demand may begin to equalise or even reverse. Much depends on the Emirate’s ability to continue attracting expatriate workers and other visitors over the next year. It is possible that the market will absorb the increase in property stock, but equally, the Dubai dream may begin to falter. Investors considering buying in this Arab Emirate should therefore be especially prudent before purchasing.

Similarly, Bulgaria’s exclusivity has been somewhat exhausted in the last 12 months. According to A Place in the Sun’s Hot Property Index, Bulgaria is now the number one place to invest ahead of both Spain and France. However, questions must be raised about whether Bulgaria has been overdeveloped and how much longer its investment bubble can withstand the market’s mounting pressure. We seriously question the market fundamentals in Bulgaria as prices have been pushed excessively high over the last 6 months of 2006. 2007 could well be the year in which a substantial and painful correction occurs.

The investment fever which swamped Bulgaria has however highlighted a region which continues to promise great investment potential - Eastern Europe. Its relative underdevelopment, low property prices, rapid GDP growth and increasing employment figures mean property values in countries such as Poland are set to rise rapidly over the next few years. Since joining the EU in 2004, FDI in Polish cities has risen continually and a palpable urbanisation ensued. The country currently attracts $6.5 bn of foreign investment per year and, as a result, is now ranked 5th in the World FDI Confidence Index. The rise in FDI is indicative of the country’s growing popularity, the confidence investors have in the market and intimates the future strength of Poland’s investment market.

Similar trends are likely to occur in Slovakia, Slovenia and the Baltic states. Slovakia, ideally located in Central Europe has one of the fastest-growing economies in the region and was nominated by the World Bank in 2004 as having the most rapidly improving investment climate globally. Real Estate investments in the capital Bratislava are stable and predictable and growth and demand are greater than the national and regional averages. Equally, the Tatras mountain regions offer excellent conditions for growth although at present the letting market is limited to ski resorts. Demand is set to stay higher than supply due to Slovakia’s strict protection rules for national park areas which cover much of the country’s ski zones

Another area likely to gain increased credibility as an investment hub is Asia. China’s status as one of the World’s fastest growing economy (economic growth is expected to grow at around 10% per year in the near future) is having a huge knock on affect on various countries around it – namely Thailand and Malaysia with their rapidly growing middle classes. New areas to watch include Japan which is set to continue on its expansion voyage due to increased investment from small firms which should result in job growth, despite lagging consumption and Vietnam. Vietnam is considered by some to be the new ‘emerging China’ and will join the WTO on the 11th January next year.

As the third largest economy in the world we expect foreign investment in Germany to flourish next year. Relatively few Germans are home owners and as a result, consistently high rental yields can be counted on especially in the major cities. The full growth potential of the German economy may soon be realised as structural reforms such as Hartz IV are implemented. Germany’s GDP should reach 2.5% this year and the OECD estimates that this economic rebound will continue well into 2008 making Germany one of Europe’s hottest long-term investment hotspots.

Home to Panama, Costa Rica and Brazil, Central America boasts more of the world’s key emerging markets. Brazil especially is of significant interest for investors looking to take advantage of a relatively young market. Goldman Sachs predicts that it will be the world’ s fifth largest economy by 2035 and with increasingly frequent direct flights and extensive coastland available for development, Brazil is a very promising investment destination. What is more, the country, now home to a million millionaires, clearly has an increasingly affluent population which is another fact which should appeal to potential investors.

A short journey north from Central America takes us to another large growth market – The Caribbean. Seen by many as the ultimate lifestyle second home destination, the spice islands are also an exciting investment hotspot with numerous new 5-star hotel and villa complexes being built on previously undeveloped islands such as Grenada and St Lucia.

Despite the complexities and considerations that must be taken into account when investing abroad, the number of opportunities continue to increase. And if investment is all about timing, then this greater choice means that 2007 will offer many opportunities to get your timing just right.

View the full press release here -

Property Frontiers - expert advice on investing in overseas property. New Developments and off plan Investment property in Dubai, Shanghai, Bulgaria, Turkey and in other emerging markets.

- Property Frontiers -
- 102-104 St Aldates Oxford OX1 1BT United Kingdom
- Emma Holifield
- email - eholifield (at)

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Property Frontiers' International Real Estate Outlook for 2007 here

News-ID: 14144 • Views: 1926

More Releases from Property Frontiers

Seminar Shows How to Profit from Bamboo Investments
Award-winning property & alternative investment consultancy Property Frontiers is holding a seminar dedicated to the rapidly growing alternative investment product, namely Bamboo investment. Bamboo investments are predicted to be among the biggest returning investments on the global market in the coming years, with predictions of over 800% in 10 years being the norm. In the seminar at the Hilton Metropole, London on Tuesday the 10th May, Property Frontiers will educate
The World’s Top Property Hotspots for 2009
Oxford 26 January 2009 - International real estate investment specialists Property Frontiers have named their top six property investment hotspots for 2009 – and the list contains some surprises. Panama, the Central American republic tops the list due to a strong economy, a favourable tax regime and offshore banking attracting businesses from across the globe. Investors can choose a variety of different options, from hotels enjoying high occupancy rates,
Investment Property Guide in Bulgaria
At present, Bulgaria is one of the least populated European states. Although approximately the size of England, Bulgaria has a population of eight million people. As well as eleven blue flag beaches, Bulgaria has 354 km of Black Sea Coastline, 37,000 km of hiking paths in the mountains and a series of almost unpublicised Roman, Greek and Thracian historical attractions, including nine UNESCO world heritage sites. Investing in Bulgarian Property As one
International Property Investment Opportunities In 2006
Real estate markets are much like any other market; they operate in cycles experiencing growth, stagnation and even decline. In the case of property, these cycles tend to be slower than in other types of market, but timing is still the key. With this in mind, the question on every potential international property investor’s mind is; which countries will provide the best property investment opportunities in 2006? The full answer to

All 5 Releases

More Releases for Bulgaria

Bulgaria Agriculture Market, Bulgaria Agriculture Industry, Bulgaria Agriculture …
Agriculture sector plays a crucial role in the Bulgarian economy. Agriculture includes hunting, forestry, and fishing, as well as cultivation of crops and livestock production. The agriculture sector has the potential to be a vital source of foreign exchange earnings and can also produce huge amount of quality food for domestic population. Most significant advantage of this sector is the presence of well-established food research & development institutions. Bulgaria enjoys tremendous
Study in Bulgaria In English
Over the most recent few years Bulgaria is consistently turning into an interesting area for youthful daring voyagers, Europeans anxious to migrate to a tranquil and inviting state with safeguarded nature, wonderful ocean, captivating mountains and to wrap things up amazingly moderate average cost for basic items. It is stunning how Bulgaria, the most established state in Europe, has figured out how to keep its name and domain for more than
Agrochemicals Market in Bulgaria
ReportsWorldwide has announced the addition of a new report title Bulgaria: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “Bulgaria: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A
SEO Conference 2013 Bulgaria
On March 22, over 400 people are expected to arrive at the Inter Expo Center Sofia in Bulgaria for the SEO Conference 2013. As noted on the SEO Conference Bulgaria – official site, the event, which will take place from 9 a.m. to 7 p.m., is the country’s main conference that focuses on search engine optimization and marketing. It is also an outstanding meeting place for customers, optimizers and representatives
Construction market in Bulgaria 2009
The economic slowdown, a less substantial inflow of foreign capital, limitations on mortgage lending and a weaker economic climate among construction companies will cause the construction market in Bulgaria to start to decelerate in 2009. Civil engineering, which will continue to grow slightly in 2009, will not fully redress the decline in residential and non-residential construction. After impressive growth between 2005 and 2007, in H2 2008 the construction market in Bulgaria
CSA Bulgaria provides speakers for the Marketing Forum in Bulgaria
Sahar Hashemi and Jay Conrad Levinson will be among the key-note speakers at the Second Marketing Forum in Bulgaria, organized “Capital” business weekly. Both key-note speakers are provided by CSA Celebrity Speakers Bulgaria, who officially opened its Bulgaria office in Nov. 2007 Sofia, Bulgaria – Sahar Hashemi – co-founder of Coffee Republic and Jay Conrad Levinson - the father of Guerilla Marketing will both participate with keynote speeches at