Mar 17 2015
In This Article
Dubai Silicon Oasis Authority
Opportunities to diversify property portfolio
Citizenship by investment available
Capital value growth or yield options
Leisure and lifestyle destinations
A range of properties from $200,00 to $20 million
Bahrain, 17 March, 2015: Leading international real estate consultancy,
Cluttons
is bringing a unique global real estate exhibition to Bahrain this weekend, providing investors and homebuyers with the chance to view a selection of attractive international investment opportunities to suit a range of budgets and needs.
This first one of a kind event will feature different types of properties from around the world that have been carefully selected by
Cluttons
‘ residential experts to appeal to investors and homebuyers in the Middle East. They include apartments near Hyde Park Central London, prime New York real estate, high yield apartments in fast growing Manchester, gated villas in Dubai, Sharjah’s first masterplanned development, luxury villas next to a championship golf course in Spain, luxury residences in Turkey, Brazil, Miami and citizenship by investment and visa free travel for purchases in St Kitts, West Indies.
Visitors to the exhibition can pre-book appointments or attend the roadshow at their convenience to speak with advisors from around the world. An exclusive Global Property Seminar for Capital Club members will kick-start the four day event on 18th March 2015 where
Cluttons
will discuss new research on the drivers of demand, and impact of global economics on property markets. The roadshow will then move to the Intercontinental Hotel on 19th and 20th March, before going on display at City Centre Bahrain on 21st March, for people to browse at their leisure.
Joanna Leverett, head of international residential markets at
Cluttons
, said: “Following the fluctuation in global real estate markets, there are now major opportunities for Middle East buyers to look at international diversification of their property portfolios.Over the past year, we’ve recorded strong Middle East investor interest in mature and stable markets as a safe haven for funds, while there is also significant interest in markets offering price growth opportunities, now that markets such as Dubai have stabilised. Such purchases can offer good rental yields while also acting as an additional home for personal use. Markets such as London are relatively risk free and have a track record of providing strong capital value, while Manchester offers affordability with properties around USD$200,000 with high returns and yields of around 6 to 8%, in a fast growing market.
“The benefits of investing internationally can vary from country to country but one area of interest to many Middle East buyers is citizenship by investment. Our event will feature Kitittian Hill in St Kitts for example, where the purchase of a property worth over US$400,000 qualifies the investor and their family for citizenship of St Kitts. This enables visa free travel to over 120 countries around the world. Rental yields on properties in St Kitts currently stand at approximately 4% and it is certainly a destination that we believe Middle East investors would be very interested to find out more about”, adds Leverett.
The properties being showcased range from exclusive New York residences such as the United Nations Plaza building in New York. This is the first residential tower in the United States designed by world renowned Foster + Partners. The project is being developed by Zeckendorf Development with Global Holdings.
Commenting on this unique event William L. Zeckendorf, co-chairman of Zeckendorf Development, said, “We’re excited to bring our exclusive investment opportunity to Bahrain. With a location facing one of the most famous and important buildings in the world, 50 United Nations Plaza will attract considerable interest from buyers in the Middle East who recognise there is no other opportunity in New York City to own a home created by one of today’s great architects. The collaboration has set new standards for luxury living and creates one of the most memorable residential buildings in the world, which will fit securely and independently among New York’s iconic towers.”
Other properties that will be showcased during the event include Macka Residences managed by Kempinski interior designed by Armani/Casa, Turkey, The Residences at Mandarin Oriental, Bodrum, Kitittian Hill, St Kitts, PGA Catalunya, Spain, London, Axis Tower, Manchester and Albury Park, UK.
Cluttons
head of Bahrain, Harry Goodson-Wickes said, “With a presence in the Middle East for more than forty years, we understand the requirements of investors and buyers in Bahrain and the wider region. For this event, we have put together a portfolio of international real estate that we believe will attract their interest. In the coming years, we expect an increase in the amount of transactions from Middle East investors in second homes and buy to let investments, and this event will be a platform for investors to explore a variety of options all under one roof.”
For more information on the event or to make an appointment for the roadshow, please contact Ctuttons at Almoayyed Tower in Seef District on +973 1756 2860 or via email on devolta.stroup@cluttons.com
About
Cluttons
Cluttons
is a global real estate services company, with a presence in over 50 countries. We provide a wide range of commercial and residential property and facilities management, valuation, agency, telecoms and consultancy services. 2015 sees
Cluttons
celebrate its 250th anniversary, making it the oldest firm of chartered surveyors in the world.
Our clients range from international corporates and institutional investors, to private individuals and families. Founded in 1765, we now employ over 600 staff worldwide and have a fast-growing international platform, including a network of offices in the UK, Europe, Middle East, Asia Pacific, India and South Africa.
We are the trusted market leader in the Middle East where we have grown our presence and established a strong track record over the last 40 years.
For further information, please see: www.cluttons.com
© Press Release 2015
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