Follow on Google News News By Tag Industry News News By Location Country(s) Industry News
Follow on Google News | ![]() RDR? Further regulations are certainly no laughing matter for IFA’sThe Retail Distribution Review (RDR) could spell and end the commission based model for IFA's when it comes into effect in 2012. For many IFA's this could prove to be the last straw, however will property investment advice be the way forward?
By: Imperial Real Estate Currently approximately half of the UK’s IFA’s operate using a commission based model, leaving nearly 18,000 having to now consider charging up front fees for their services. For many of their clients, the idea of having to pay a fee for the services of an IFA will almost certainly result in lower budget clients shying away from professional financial advice, costing the industry dearly. However there are attractive alternatives available such as property investment, which for the time being at least, falls outside of the sphere of FSA regulation. Whilst it is unlikely that IFA’s will become estate agents themselves, it is conceivable that alliances will be forged with property developers with the IFA acting as a referral agent. Investment opportunities which concentrate on a reliable income rather dubious and unpredictable capital appreciation projections will be the most attractive options for anyone looking to get ahead of the game whilst the global property market corrects, stabilises and recovers. Hotel and leisure developments located in countries where there is a major drive to promote and boost tourism will be the most attractive options, enabling investors to achieve a steady income in the short to medium term, whilst the property appreciates. With the help of major hotel chains to look after the management and promotion of these resort complexes, a lot of the uncertainty regarding occupancy levels is removed, especially in locations with little rental competion. Morocco is a key area where there is genuine tourism growth, and provides an environment which encourages high income returns, with a solid medium to long term potential for capital appreciation. King Moghammed VI of Morocco is the real force behind the current boom in tourism, having introduced a major drive to improve facilities and create the infrastructure to enable tourism to swell to the giddy heights of 10 million visitors a year. To many this seemed a rather optimistic goal when announced back in 2001. However the Vision 2010 programme has already succeeded in raising visitors to nearly 8 million. This is naturally only the first phase of the plan, and now that much of the infrastructure has been completed, the road has quite literally been paved for further sustained growth. Regions such as Cabo Negro in Northern Morocco, just outside the historic city of Tétouan, offers investors an excellent opportunity. Rental accommodation and hotel rooms are limited and currently stretched, and with only 3 hotels in the area of a 4-star standard or above there is plenty of scope remaining for lucrative buy to let real estate. Cabo Negro offers miles of pristine golden sandy beaches with safe shallow water for children and quiet beaches perfect for relaxation. The ultra chic Marina Smir offers a wide range of water based activities with plenty of restaurants and boutiques. A little further up the coast you have a large new aquapark, and additional recreation options such as desert quad bike safaris, go-karting, or even camel treks. Cabo Negro is also one of the most beautiful locations in Morocco, with the backdrop of the Rif Mountians, the sparking clear water of the Mediterranean, an one of Moroccos finest golf courses, which all combine to make the area a terrific location for holidays, which is why so many visitors are drawn to the region and keep on returning year after year. If all of this sounds attractive, and you are keen on finding out more about one of the best resorts for investment on the market today, you can download further information from: http://www.mahabeach.com or by calling FREEPHONE 0800 027 5367 Do you have clients seeking solid opportunities or know someone who is looking into overseas property investment? Why not sign up to our introducer programme? Please register for further details http://www.imperialreg.com # # # Imperial Real Estate provides a complete Hotel & Leisure Management service programme for property investors, designed to innovate and automate the purchasing, managing, renting, leasing, and maintenance requirements of investment properties. End
Page Updated Last on: Aug 05, 2009
|
|