When investing overseas there are specific rules and guidelines that one should follow, to ensure that the project that you are venturing into becomes profitable and a reality to the dreams that you have.
(prHWY.com) May 3, 2012 - Ireland, Ireland -- When investing overseas there are specific rules and guidelines that one should follow, to ensure that the project that you are venturing into becomes profitable and a reality to the dreams that you have. One often wonders how other people do it, we all know colleagues or friends that have invested into property it always seems to be at the right time, or was it actually they we're willing to seek the opportunity and take the risk. There is always risk associated with investments, whether they be in the stocks and shares on the stock market or the bricks and mortar kind such as Ciaran Maguire Group develop. The Ciaran Maguire Group when venturing into their next project have already carried out due diligence in the country that they will be developing in before they have purchased the land. Independent Reports into the Economic climate of the country, stability religiously and politically and the details of these reports are viewed by the analysts that work with the company to ensure that their Resorts will be profitable not only for the company but most importantly for all. Palm View Resorts have been a brand of the company started by the Chairman and President Ciaran Maguire and the Resorts namely Palm View Resort, Boa Vista Cape Verde, Palm View Golf & Spa Resort St Lucia and Palm View Beach Bequia will be completed in 2012/2013.
The investor who takes an interest investing abroad should follow 5 guidelines to achieve a successful outcome.
Don't fall blindly in love with a country or property if this is for your retirement then a sprawling villa with too much space but become in appropriate in the future.
Rental income for properties vary, seeking out a Sale & Leaseback agreement will ensure that your investment is well looked after and will avoid times on non tenancy
Try and borrow as much as you can for the initial purchase, this will ensure that your money stays put in while the risk is taken by the banks for the loan.
Gradually as the investment matures you could repay any loans and reduce the amount of interest payable.
Choose a developer who has enough experience, developers in this day and age that are still building have definitely been through the bad times, it's this experience and commitment to their profession that will deliver an apartment or villa.
Make sure that you receive legal advice in the country of purchase, most developers will have a list of solicitors which have been familiarized with the development which may also cut down on the legal costs at the end of completion.
Palm View Resorts Developments have been launched this year in St Lucia and Bequia in the Caribbean, Ciaran Maguire is an experienced developer his three resorts Palm View Resort, Boa Vista Cape Verde, Palm View Golf & Spa Resort St Lucia and Palm View Beach Bequia have all details on the website
www.ciaranmaguiregroup.co.uk giving all the construction updates with accompany photographs of the build.
Check out
http://ciaranmaguiregroup.co.uk for more information!
Contact Details:
Ciaran Maguire Group Ltd.
Castle Baggot House,
Baldonnell,
Dublin 22, Ireland
Phone: +353 1 625 1542
Phone: +353 1 625 1544
email Id: helenwork655@gmail.com
###