SDB Finance Information

Finance information for you

Posts Tagged property

TRIS Rating credit rating new debt “The Quality House” at the “A-”.

Feb 22

Posted by admin in Real Estate

TRIS Rating Co., Ltd. announced that its credit rating unsecured bond set in the amount not exceeding Baht 2,000 million, of Quality House Co., Ltd. at “A-” while still credit unsecured corporate bonds, and the current set of Company at the “A-” like the Bond series of the new replacement bond unsecured in the amount outstanding to 1,000 million, the firm has announced the credit to on May 10, 2010 The ratings reflect the work long in the property development business.

As well as a strong presence in the residential housing market and the low price levels. And recurring revenue from a variety of sources including Marble rental apartments and Office building The ratings also consider taking into account the financial flexibility of holding money. Investment in associate with these strengths, however, was partially offset by political uncertainty. Nature of the property development business is up and down cycles. And its ratio of loans is quite high when compared with other operators.

Rating Outlook “Stable” or “Fixed” reflects the effect of the increase of demand from new housing increased TRIS company is expected to maintain its leadership in the residential housing market prices. continue to be high as well as to maintain the proportion of housing products to be balanced to support. Changes in customer demand. The company’s debt issues have to be careful that the plan to expand the project should not affect the effort to build. Strength to the company’s balance sheet.

TRIS Rating reported The Quality House is one of the leaders in the Thai real estate market, which is famous. Market acceptance of the low housing prices. Founded in 2526 by Land & Houses Public Company Limited (), the largest shareholder of the company at the end of 2010, comprised of Land and House with family Asavabhokhin (25%) and The Government of Singapore Investment Corporation Pte. Ltd. (11%) of the company’s competitive advantage comes from having a strong presence in the market. Housing prices. In addition, the exact source of income from rental property with the quality. The service includes Centrepoint Apartment and Office Building, Q. House.

It also has moderately priced housing Casa Ville and Casa City, which is known more. Company had a revenue recognition from the housing and apartment about 93% of total revenue during the first 9 months of the year 2010, while rental income from the project offices and serviced apartments out with about 7% price Average sales per residential unit in all of its projects in 2010 stood at 7-8 million baht steady decline ever since over 10 million in 2549, which shows the strategies that focus on customer revenue. more moderate at the end of September 2010 the Company had the land and construction projects in hand worth about 20,524 million Baht.

When compared to competitors. TRIS Rating said The Quality House is the type of assets that differ by 1 / 4 of total assets as rental property and investments in associates. In addition to real estate for rent by creating recurring revenue and cash of course but also enhance liquidity to the company because the company can sell real estate. Property were granted to real estate funds also investments in associated companies, 3 of which 2 of the securities traded on the Stock Exchange of Thailand and also one of the plans listed on the Stock Exchange, the company had income from cash dividends of approximately 300 – 400 million per year, which is funding the other hand. It also added liquidity to the company in the long term.

Read the rest of this entry »

Tags: , , , , , , ,

No Comments

3 Reasons to Own Rental Properties in College Communities – Part 2

Feb 4

Posted by admin in Real Estate

Having personally experienced the pleasure of owning rental properties in a college (university) town, there is a wealth of reasons to locate one’s properties in a community that houses a center of higher education. Listed below are just three of the myriad reasons a rental property owner should add college-town rental properties to their portfolio.

* This article is part two of a two-part series

4.) Good Tenants - Of course there are exceptions to this rule, but most college-town tenants are excellent tenants. They pay their rent (and utilities if required) on time, take care of the property, and are often very courteous to the property owner. From personal experience, pharmacy, legal, and engineering students are often the best tenants because they are constantly bogged-down with complicated homework; leaving them little time or want to party (they are also the most driven to succeed which also indicates a lack of partying).

5.) High Tenant Turnover - Is this author kidding? Since when is high tenant turnover a good thing? Welcome to the world of rental property management in a college town. In this atmosphere, high turnover is a key to one’s rental success. First, every year there is a plentiful supply of new tenants, making it relatively easy to re-rent a property. Having tenants leave every one to three years gives the property manager the opportune time to slightly raise the rent, thus increasing the property’s income. Often, the new tenant doesn’t even realize the rent has been raised.

6.) Inflated Property Values - This benefit is a double-edged sword. Property values in college and university towns are almost always higher the surrounding areas because of the increased demand for property within the town. This is good once one owns the property and begins experiencing the power of equity, but it is before one owns the property that it can be very dangerous. DO NOT over pay for a rental property in a college town. Run some numbers (often a net income evaluation) and make sure that the property will produce income at the given purchase price. If one over pays for a property, they have already destroyed their cash flow potential, so be careful.

College towns are great towns for rental properties, but a few precautions should be taken before jumping in. First, investigate the town to make sure that there are enough tenants to go around and that the school is growing; not shrinking. Secondly, colleges and universities that have excellent graduate programs are more preferable, because they get older students that almost always live OFF campus. After satisfying the above two precautions, one is ready to enter the lucrative niche that this article’s title describes.

Tags: , , , , ,

No Comments

The Most Exciting Property Market in Europe

Feb 1

Posted by admin in Real Estate

Montenegro, poised on the brink of EU accession acceptance, is undoubtedly the most exciting country in Europe for property investors today.

The wealth of potential in the market stems from the fact that real estate in Montenegro is massively undervalued, it is growing in demand from those seeking an affordable holiday home in the sun, Montenegro is growing in popularity as a holiday destination, the country is aligned for EU acceptance and the local economic reforms entered into by the government of Montenegro are resulting in strong and sustainable levels of foreign direct investment.

The climate in the property market in Montenegro right now is therefore incredibly ripe and it is attracting real estate investors from around the world.

Immediate gains can be realised from the rental of suitable coastal properties to the fledgling but burgeoning tourism market, with longer term rental income likely from well appointed and located apartments in the main towns in this tiny gem of a European country.

Medium to long term the property market in Montenegro is likely to reward a patient investor with substantial capital growth because as the local economy is boosted by inward foreign direct investment, so the numbers of companies relocating to Montenegro increases and so the demand for properties to purchase goes up. Furthermore as the local economy is strengthened and the local people become wealthier in real terms, they will present an investor with a second tier to the market to target over the medium to longer term.

Montenegro was once a country frequented by the European glitterati, the famous, the beautiful, the royals and the rich, but many years of strife resulted in the oppression and depression of a nation and its people. Thankfully gone are the days when Montenegro suffered at the hands of the war hungry and Montenegro and its neighbouring countries have settled down so much that they are all either fully fledged members of the European Union or poised on the brink of entry. The years during which the country suffered are over and the unrivalled wealth of stunning architectural and geographical beauty that Montenegro is home to is once again drawing the crowds from across Europe.

Montenegro is truly a beautiful gem of a nation and one that is beginning to shine and sparkle once again making it the perfect place for property investors seeking substantial potential for profits and gains.

Tags: , , , , , ,

No Comments

Costa Rica Property for Sale – Prices up 300% in 10 Years, and more to come

Jan 26

Posted by admin in Real Estate

If you’re looking to buy property as an investment, then the property for sale in Costa Rica offers you the chance to make substantial gains in the coming years – with low risk.

Buying Costa Rican property is inexpensive and easy – and prices are on the move.

Here we look at Costa Rica property for sale, and the importance of location – which will help you make even bigger capital gains on your investment.

So, when you’re looking at the Costa Rican property that’s for sale, what do you need to consider for making the big capital gains?

The Last 10 years have Shown 300% Growth

The biggest change in the Costa Rica property for sale during the past decade is that prices have doubled, or tripled in many locations ? and the good news is – it’s still cheap!

Costa Rican property prices range considerably:

. 1/4-acre beachfront home sites ranges from $50,000 to upwards of $200,000.

. Beachfront homes range from $165,000 upwards.

. Seaside condominiums range from $55,000 to $250,000 – depending on size and geographical location.

. Just inland – maybe a 10-minute walk to the beach, two-bedroom, two-bathroom, homes start at $40,000 – and single-family building lots start at $6,500

. Less expensive deals can be found in more remote areas – such as the northern Osa Peninsula in Costa Rica’s southern region.

Popular Places

Most realtors agree that the best turnover, and fastest-selling properties are generally located in the Central Valley, and along the Pacific coast – and it’s here that you can get the best capital gain on your investment.

Although the Central Valley covers just five percent of Costa Rica, it contains the vast majority of the country’s population. Therefore, property prices around the greater metropolitan area (including San Jos?, Alajuela, Heredia and Escaz?) – where many of the country’s businesses and services are located, tend to be among the highest in Costa Rica.

Generally, the farther away from town you go, the lower the prices of property for sale will be. The exception to this rule is the central and northern Pacific coast – where a number of major developments are underway.

Property for Sale in Costa Rica – the Secret of Big Returns

Here you need to get out your map of Costa Rica, and look at areas set to increase in value – simply watch for changes in the infrastructure that will boost property prices.

Buying property that’s for sale in Costa Rica can give you great returns – but if you build in advance of important building projects that will enhance local amenities – and the quality of life, will make you even more money.

So, what sort of changes in the infrastructure are we referring to? Let’s look at three projects currently underway that look set to increase property prices in adjacent areas:

New Freeway: Scheduled to be completed shortly. The freeway will link the largest cities to the Pacific Coast – generating an increased flow of traffic and buying interest in areas with easy access to the freeway.

New Marina: The largest marina in Costa Rica will be completed shortly in Quepos.

New Airport: A new international airport is coming to the town of Orotina in the near future.

When buying property for sale in Costa Rica, being in ahead of the crowd – before an important part of the infrastructure is completed, will enable you to take advantage of the increased demand for real estate in the areas that these changes will benefit.

Buying Property that’s for Sale in Costa Rica is Straightforward

The government encourages investors ? they place no restrictions on foreigners. In fact, foreigners are entitled to the same ownership rights as Costa Rican citizens. When you factor in low costs, and no capital gains tax, overseas buyers will continue to buy the property that’s available in Costa Rica.

Property for sale in Costa Rica as an investment

Buying property currently for sale in Costa Rica can be a rewarding experience. The future looks bright – as the big fluctuations in property prices that you see in the United States, doesn’t happen in Costa Rica.

Based on past history, prices either go up by at least 10 percent per year – or at worst, stay the same. When the real estate market is in a downturn, properties don’t tend to go down in value – they stay static – making this a low risk way to invest.

Currently, the chances of a downturn in the market now look slim ? due to the rising number of investment property buyers.

If you want to double or triple your money in the next few years, think about the Costa Rican real estate market – and buy some building lots or property.

Tags: , , , , , , , ,

No Comments

Santa Barbara Real Estate Comparison of this Year vs Last for Carpinteria/Summerland Thru December

Jan 11

Posted by admin in Real Estate

In the Carpinteria/Summerland Real Estate area of Santa Barbara Real Estate for the Condo Market the number of total listings for ?05 versus what was on the market last year at this time is up by 18 for a total of 146 properties currently listed and the New Listings that came on this year are up by 21 for a 17% increase. The number of sales however is down by 34 for a -30% decrease. Even though sales are off pretty dramatically for the area the Average Sales Price continues to rise. Last year at this time it was $608,347 and this year it’s up to $656,683 for an increase of 7%.

In the Single Family Home market for the Santa Barbara Real Estate area of there are 10 more properties on the market right now as opposed to last year for a total of 171,Summerland/Carpinteria Real Estate and there are more new listings this year with 136 for last year vs. 151 for this year. The sales just like Condos are down pretty dramatically with 71 this year vs. 107 last year for a -33% decrease. But the Average Sales Price is up dramatically from $1,749,261 last year to $2,306,259 this year for a 31% increase.

In the Planned Unit Development Market of the Santa Barbara Real Estate area of Carpinteria Real Estate/Summerrland Real Estate there is 1 less property on the market right now as opposed to last year for a total of 6, but there are exactly the same number of new listing this year with 6 for last year vs. 6 for this year. The sales just like Condos are down with 4 this year vs. 5 last year for a -20% decrease. And the Average Sales Price is down from $1,064,980 last year to $891,000 this year for a -16% decrease.

Tags: , , , ,

No Comments

Is Your Property Tax Assessment Outrageous

Dec 26

Posted by admin in Real Estate

When you receive your property tax bill, you need to go over it very closely. You need to look at the fair market value and the assessed value. These two different things have two different meaning when figuring your property tax liability. Many people have complaints about how the assessment of homes or properties is done. The county assessor does not enter your home or property, they look at the outside for a description of the property to compare to other similar properties in the area to determine your assessed value. This is common practice and may not always be the true assessed value of your property.

Now this assessed value does not take into consideration bad roofs, cracking interior walls, bad foundations, windows that are falling apart or anything else wrong with the house. They also do not see if you have done any repairs or behind the scenes remodeling so to say. All the assessor sees is the outside of the property. If you know your assessed value is outrageous because of deteriorating conditions, you can appeal the property tax assessed value. You would do this to have the assessed value of the home lowered, thus reducing your overall tax liability.

If your home is assessed at $100,000 and you need a new roof, which includes trusses and some structural preservation that is going to cost $50,000, then you might think the assessed value of your property is over exaggerated. If this has happened to you, you can seek a property tax lawyer or a consultant to give you some advice on the appeals process. You do not want to pay taxes on a property that is half of the assessed value than what it should be at this specific time. If you wait until the next year, it may be to late to have anything done.

You need to take some steps to protect yourself when filing an appeal of property taxes, which a lawyer can point out to you. If you property is in that much need of repair, the city may deem it necessary to condemn the property until repairs are made. This is all a part of the system. If your repairs are not life threatening, but more so they lower the value of the property, then a property tax lawyer can argue this point for you.

You can see how important it is to check your property tax bill to see exactly what is said about your property. Many people just get the bill and pay it without really giving it any thought. If you go to sell the property and find out that the assessed value is to high and you are selling for less than that, you will find out, you have been paying taxes that are exaggerated.

At this time, you have no recourse to recoup any of that money. It is better to check the bill and decide if you feel comfortable about the new assessed value of your property.

Tags: , , , , , ,

No Comments

How to Get First Home Loan That Is Right For You

Dec 15

Posted by admin in Loans, Real Estate

When you want to buy or build a house and you lack finances, a credit is probably the only solution if you can quality for it. Well, in case you contract the first home loan, then there are a few things to consider. First of all getting a loan requires planning, research and time, as we are talking about a pretty complex process. However, if you are organized, you will be able to perform the necessary tasks to get your first home loan.

Therefore, think about a plan and follow it. The first step is to find out how much you can borrow. Depending on this amount, you’ll be able to find a suitable house. Another important stage is the choice of the loan as such, since it has to match your needs in particular. Then you will have to get the pre-approval, search for the property and finally proceed with the buying process.

The interest rate is closely connected with the applicant’s credit history: make sure to clear your files and get a good credit score. You might need to start planning about a year out. You will have to start improving your credit by making sure that you pay all your debts and bills on time.

A long and good history of paying back your debts has an enormous importance since even a small debt ($500 to 1,000) paid on time will get you a better credit rating. When you are getting closer to a sale it is always better to contact a bank you already have a relationship with first as many banks’ policies are to offer points or discounts to their clients – they already know your history. And believe me, you will want all possible discounts you can obtain.

Getting a smaller interest on the first home loan counts enormously for your budget. In addition, many lenders will prefer having you as an ongoing client because of the long term monitoring and the fact that they know your financial situation.

Moreover, a cutting back of the costs may be possible through federal loan programs that prove advantageous for a first home loan. Unfortunately many people do not know about the existence of these programs. Whether the federal option suits you or you find some other alternative, always think what is in your best interest.

Tags: , , , , , , ,

No Comments