Real estate in greece

Villa For Sale in Greece - LUXURY VILLA FOR SALE TO ALEPOHORI - MEGARA ATTIKIS :: IT IS IDEAL AS PERMINENT OR A VACATION HOME .THE LAND IS 4.025 SQ METERS AND THE HOUSE IS 200 SQ METERSTHERE IS SWIMMING POOL .45 MINUTES BY CAR FROM THE EL. VENIZELOS INTERNATIONAL AIRPORT.THE VILLA IS SPREAD ON TWO STOREYS, IS SITUATED ON A HILL SIDE 350 METERS FROM THE BEACH, WITH A FANTASTIC ...Villa For Sale in Greece - For SALE : Gorgeous Villa of 340 m2 on a plot of 6.200 m2, only 130m from one of the most beautiful beaches on Crete. :: An appealing Villa of 342 m2 on 3 Levels on a plot of 6.200 m2, located at the village of Koutsounari, at the outskirts of Ierapetra just 7 km away from the town, Eastern Crete.From the main entry you will enter a hall with seperate WC. Accomodation comprises an open-plan:modern fitted kitchen, living ...Lots/Land For Sale in Greece - A wonderful opportunity :: This superb piece of land with panoramic views is set in unspoilt forest five minutes from the tranquil sea in North Evia .The property comprises of 25000 square metres of practically flat land .and would accomodate any suitable development. Planning permission is readily available Utilities are ...Lots/Land For Sale in Greece - Amazing Land 11,850 sq.meters on Cape Atheras - Cefallonia Island :: We are selling a fabulous land on cape Atheras in the beautiful and presitigious Greek Island of Cefalonia. The isalnd is very nice with amazing people and sandy beaches. Our land is on the cape Atheras one of the most well known capes in Cefalonia as of the historical meaning. Our land is the most distinctive ...Apartment For Rent or Vacation Rental in Greece - 3/4 Bedroom Furnished Apt. with Parking & A/C :: A very large 2nd floor (corner) furnished apartment of 155m2 to let. Close to Downtown Athens, as well as Glyfada/Paleo Faliron and the wonderful beaches of the South Athens suburbs. A Tranquil location in the heart of a metropolis.Offered fully furnished. Accomodation consists of :3 Double ...Villa For Sale in Greece - Waterfront Houses On Aegina Island :: POSEIDON Seaside Resort MOMENTUM –a real estate development company- has developed and completed (June 2005) the construction of a beautiful seaside resort consisting of 10 houses. POSEIDON is situated on a unique beachfront plot of land directly on the north coast of the island of Aegina. The ...House For Sale in Greece - 4 New Houses for Sale in Galaxidi/ Ferienhaeuser zu verkaufen in Galaxidi,Griechenland ::Apartment For Vacation Rental in Greece - Luxury duplex penthouse vacation rental in Central Athens - sleeps 2 - 9 :: Now you can have the best of both worlds in Central Athens - A luxury penthouse apartment in the heart of the city, yet high enough above the hustle and bustle of the city to relax and enjoy the private verandas and terraces of these truly first class accommodations. Greek Vacation Rentals offers you .. is a village located 200 km west of Athens (about two and a half hours drive from Athens airport). Although Galaxidi is not a tourist destination, it is still one of the most picturesque/traditional ...Lots/Land For Sale in Greece - Greek Dream House Or Vacation Property By The Sea :: There are many old stone houses, large plots of land, historical houses, package deals in Greece that can become your dream house that you have been wanting for a long time. Let us help you achieve your goal. We can make it an interesting and fun project instead of an ordeal. We will help you buy and...Villa For Sale in Greece - two villas close to beach :: At the country village of Loutra, just 2 k.m. from the beach of northern Crete and 7 km from the marvelous Rethimnon. These villas have a wonderfull combination of country view and sea. Both villas are 87.3 sq m. total in a seperate 300 sq.m. plot at the bargain price of 150.000 euro for each villa. ..this is 5,000 sq. meters of olive grove with a fabulous view of the sea and surrounding islands. electric and water available and is 5 min. walk to town and beaches. No traffic and perfect for that dream house to be built on Real Estate in Greece focused at first time on commercial and industrial property, but over the years the company has expanded into every aspect of properties.It is that approach that enables us to direct clients to optimum investment opportunities.For the last ten years, Real Estate in Greece has been providing information and decision support tools for consumers looking for home and real estate-related information on the Internet. Visitors Real Estate in Greece have access to the most comprehensive selection of existing homes for sale, new homes, apartments for rent and senior housing.The types of property that people might purchase using a commercial mortgage in greek islands could be anything from hotels, restaurants, shops and takeaways to office buildings, factories, warehouses and farms. real estate in greece,Sometimes people might buy the business and property at the same time if the two are intrinsically linked, such as a hotel or restaurant. When properties are purchased to be used as business premises, the mortgage is known as a commercial owner-occupier mortgage,real estate in greece,. Alternatively,real estate in greece, a commercial mortgage in greek islands could be used for refinancing. People might want to unlock capital from their existing business property in greece, to expand or improve their premises or facilities, or to raise cash for any other business purpose. There are many other uses for a commercial mortgage real estate in greece, , such as buy-to-let mortgages, where people purchase a property (perhaps residential) as an investment and let it out, or commercial development mortgages, where people purchase a property to develop it and sell it on for a profit. Why real estate in greece, purchase premises rather than rent? Taking on a commercial mortgage is a major leap for your business and must be carefully considered before entering into the commitment.in greek islands However, it can be an excellent investment and owning the business premises that you occupy can bring many advantages to your business: In most circumstances the proceeds of the loan are not considered to be taxable income and the interest payments are tax deductible. You’ll have a clear repayment plan, with terms and rates tailored to suit your needs. (See below for more details on this.) This means that you can manage your cash flow more easily. Mortgage,property in greece, repayments can be cheaper than rent. Any property purchase is an investment. Your asset could appreciate a great deal in value, thereby increasing your capital. You have the potential to make money by subletting. For example, you might have space in greek islands that you don’t currently need, and could make money on it by letting it out to another business until you need it to expand your own business. Why real estate in greece,use a commercial mortgage to raise capital? If you already own business property and need cash for your business for any reason, unlocking the capital in your property by refinancing or remortgaging is an effective solution.,property in greece, Think of it as a loan that could be used for any business purpose – not just expanding or improving your premises.in greek islands There are many benefits in doing this: Commercial mortgages can be easier to obtain than business loans, especially for small businesses, as the property provides security to the lender. Unlike many business loans,real estate in greece, which tend to have a short repayment term, commercial mortgages cover a long period – anything from 15 to 25 years, depending on the lender and the financial circumstances of your business. ,property in greece,In most circumstances the proceeds of the loan are not considered to be taxable income and the interest payments are tax deductible. There are two ways in which you might use a commercial mortgage to raise capital for your business: 1. Refinance your current commercial mortgage in greek islands to include the loan amount that you wish to borrow. 2. Release the equity that has accumulated in your current property in greece, i.e. the current value of the property minus any outstanding mortgages or debts tied to it. What are the costs and repayment options for commercial mortgages? Repayment plans tend to be similar to residential mortgages. The main options are either fixed rate or variable rate repayment mortgages or interest only/endowment mortgages. Unlike residential mortgages,real estate in greece, however, the interest rates for commercial mortgages tend to be higher as business lending is perceived as more of a risk. The rates will vary depending on the circumstances of your business, but generally speaking,,property in greece, the higher the risk, the higher the interest rate in greek islands. For the same reason repayment terms also tend to be shorter than residential mortgages – typically 15-20 years. It’s likely that you’ll also need to raise a deposit, as most lenders won’t provide 100% loan-to-value mortgages – i.e. they won’t provide a mortgage for the full purchase amount and will expect a down payment from you as a form of security (typically 20-30% of the purchase price,,property in greece, although some lenders accept as little as 5%, but with a higher interest rate for repayment). Other expenses to consider are the setup costs in greek islands involved in arranging a commercial mortgage, such as legal charges, surveys and broker fees. real estate in greece,In terms of responsibility for repaying the mortgage, this depends on the type of business. If you’re a sole trader the responsibility will lie with you and you may also be personally liable should you default on the repayments – meaning that you could lose personal assets as well as the commercial property that is mortgaged.,property in greece, If you’re in a partnership, the responsibility and liability apply to all partners. If it’s a limited company, the responsibility and liability belong to the business, although personal security may be required to approve the mortgage depending on the profitability of the business in greek islands. How do you obtain a commercial mortgage?,property in greece, When applying for a commercial mortgage, you’ll need to do your homework and build a strong business case to demonstrate your company’s ability to repay the mortgage. Be prepared to undergo a thorough examination of your finances, including: business history of your company:real estate in greece, financial statements, profit and loss accounts, balance sheets, past and current cash flow, all certified by an accountant future projections for your company: long-term business plan, intended use of the property in greek islands, earnings potential, projected cash flow personal finances: the financial histories of yourself and all other key stakeholders in the business, such as credit worthiness and past earnings All of these factors will determine the lender’s perceived degree of risk in lending you the money, which will in turn determine the term and interest rate of the loan that they are willing to give you. The obvious first step to many people applying for a commercial mortgage is to approach their bank or business lender, with whom they already have an established relationship. However, for this very reason it’s unlikely that you’ll receive a competitive deal,property in greece,. The best way to get a commercial mortgage is to use the services of a specialist independent mortgage broker, who can help you get a good package to suit your needs whatever your circumstances. Even if your credit isn’t great, it doesn’t mean that you won’t qualify for a commercial mortgage in greek islands. Having a broker to represent you will really strengthen your case. They have access to a wide range of lenders and understand their criteria for lending, as well as your specific needs,property in greece,. They can therefore undertake a targeted search, increasing your chances of finding a suitable loan. In fact, the broker may even be able to obtain several different options from various interested lenders,real estate in greece, which provides the scope to negotiate a fantastic deal for you. Money isn’t all that you’ll save. Imagine if you tried to apply to several lenders yourself – think of the time taken to complete all the applications,property in greece,and the time wasted in applying to unsuitable lenders in greek islands. The independent advice and specialist knowledge that a broker provides are invaluable real estate in greece,.

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Important Tips For Home Buyers

Part I Home Buyer Terms and Definitions

Part II Home Buyer Terms and Definitions

Part III Home Buyer Terms and Definitions

Tips For First Time Homebuyers

Finance Your Real Estate Investment Properties

by Peter Dobler

Copyright 2005 Peter Dobler

Unlike traditional residential real estate mortgages, real estate investment financing is way more creative and offers more options than you think. The golden rule in real estate investment is OPM (Other People’s Money).

I have enough money; shouldn’t I buy my real estate investment for cash? No, I absolutely advice against investing large sums of cash into a single real estate investment. There are two reasons why not. First, you give away most of your profits by not leveraging your real estate investment. Second, it is far too risky to put every egg into one basket.

Let me explain the leverage issue for a moment. I will give you an example of a $100,000 investment property that typically increases its value (appreciates) by 7% average a year. Maybe more, maybe less depending where you live. Paying all cash for this property will yield in a 7% appreciation profit plus the net profit from renting the place. Now you’re looking at roughly 15% of returns.

If you’re conservative with your investments you might be satisfied with this kind of a return. These days you might get equal or better returns with other conservative investments minus the hassle of being a landlord. But you don’t mind being a landlord, because you understand and utilize the leveraging method with financing your real estate investment.

With the example above you will make roughly $15,000 a year in profits from your investment. Now let’s take a closer look at what leveraging can do for you. Today a typical real estate investor can get financing as high as 95% - 97% of the purchase price. Occasionally 100% financing is available as well. But this would be totally unfair in this example to compare this with all cash purchasing.

15% return sounds like a lot, but wait till you see this. Let’s assume that the rental income will cover all your expenses including the mortgage payments. Taking the same example from before your net return would be the 7% appreciation profits of your property. This would translate into a $7,000 a year profit. With a 95% financing in place you would get $7,000 return on $5,000 (your 5% down payment) invested. This is a whopping 140%
return on investment.

With the same $100,000 you can go out there and get 20 investment properties, finance 95% of it and make an amazing $140,000 profit a year. This beats the projected $15,000 profits with an all cash transaction any day.

Of course you will have a lot of trouble to get financing for 20 properties in a single year. Typically 5-6 new rental property mortgages are the maximum lenders will allow these days. This is the signal to get creative with your financing structures.

In this case sellers financing would be your key to achieve your goal of maximum leverage of your investment dollars. Despite the message from all these late night infomercials, seller financing is harder to get than they want you to make believe it is.

It all depends on the seller’s ability to offer seller financing and the seller’s motivation. Only about 1 out of 20 properties for sale are able to get seller financing. That means that there’s no mortgage balance on the property. From this narrow selection the seller must be motivated to sell under these conditions. This could be tax reasons, time constraints, personal reasons and many more.

As you can see this translates into a lot of work to achieve your goals. But let me tell you one thing. This separates the tire kicker real estate investors from the real go-getters. Wouldn’t you agree that a little bit of hard work and determination is well worth it to build a real estate empire?

I think it is well worth the trouble and hard work. At the end of the day you keep building your real estate investment portfolio and sooner than later you will be able to cash in.

Sincerely,
Peter Dobler
(c) 2005
Peter Dobler is a 20+ year veteran in the IT business. He is an active Real Estate Investor and a successful Internet business owner. Learn more about real estate investments at http://www.suncoastrenttoown.com or send a blank email to mailto:suncoastrenttoown@getresponse.com

Part II: Home Buyer Terms and Definitions
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Buying a Home is the American Dream. It is more than a place you put your hat at the end of the day. It defines you, protects you, and prospers with you. Yes, Home Ownership is a noble pursuit, but it always starts with this first, important...

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