Max Dalziel

Jim Brooks shares some great local insight.

Key Points:

MGM Signature - 60 - 65% price drop Year-On-Year - 6% discount asking price to sales price (bid - ask spread)

Panorama Towers - 10% disc discount asking price to sales price (bid - ask spread)

Topics local brokers are talking about:

1. Foreclosures inc. 62%
2. Short Sales
3. Financing

I really enjoyed this interview - this developer is building in some very exciting markets.

Case in point: Vietnam - where else can you get virgin beach front for between $250 - 400!

The units they are building span in size from 1,500 - 8,000 square feet.

$20K reservation - OPPORTUNITY IS KNOCKING... Please listen

New podcast: Kite Surfing

The Cypriot president and the Turkish Cypriot leader have agreed to resume talks on reunifying the island today.

This interview was held with one of the country's largest developers. Click Here

Insightful Interview. CLICK HERE

Phuket has long been recognized as the preferred tourist destination in Southeast Asia.

There are over 100 homes (inc. condos) in various stages of development that are listed at $1M+

Kata Beach, located on the prestigious west side of Phuket Island, is one of the most pristine beaches on the island. Kata Beach is in close proximity to the nightlife of Patong Beach, the shopping conveniences of Phuket Town, and the spectacular sunsets of Laem Promthep.

Toronto Condo Market Interview

Audio Interview

The Turkish condo market offers numerous emerging market opportunities for US condo buyers.

This is another of my early interviews, so it is a little raw at the beginning, but I believe that the context would indicate that the Turkish condo market is offering favorable price discounts - between 30 - 40%!

Key domestic markets: Ismir, Bodrum and Istanbul

Emerging golf resort sector - only one way well placed golfing condo communities can go as far as I am concerned

70% LTV’s available - this developers pricing runs at about $200 - 250 per square foot (EU 400/500 per square meter.

LISTEN to the INTERVIEW

Belize is undoubtedly the least known out of the popular Central American second home condo markets.

This condo hotel is being sold on a fractional basis (1/12th) - hotel revenue is split 50/50 with the operator.

Learn more by listening to my interview with the developer: Belize Interview

This is one of my first recorded interview, so I aplogise for the quality. Linda Gray however is an expert on the Costa Rican market and provides listeners with sound advice on which markets are worth your attention and which projects set themselves apart from others.

Costa Rican Market Podcast

Location: Isla Margarita, Venezuela

Starting From: $117,000

Selling Point: Guaranteed minimum 7% per annum net rental return for 10 years

The following interview is from Mark Andrew a Venezuelan developer who provides some insight on the Caracola condo hotel resort and the Venezuelan market.  Enjoy!

Please listen to the podcast: Caracola Podcast

Can you really go wrong with this market - remember - real estate is a long term investment!!

Enjoy the interview: http://www.condoblog.com/?p=153

Check out what Ewa Petersson has to share on the her Portugese condo projects: http://www.condoblog.com/?p=131

Will the price of gas spur condo sales?

My friend lives in Kendall, which is a 30 minute drive from downtown Miami. The commute is 20 miles and he drives a Jeep.

Time Incentive: 1 hour per day =  20 hours per month =  240  hours per year.

If my friend earned $20 per hour, he could save $4,800

Gas Incentive: 40 miles per day = 800 miles per month = 9,600 miles per year.

His Jeep gets 17 miles per gallon - gas costs $4.00 per gallon - he could save $2,300

Add them together = $7,000

$7,000 per year finances approx $100,000 (6% Interest, 30 year fixed)

Time to look at condo living??