Buy Hotel Rooms

Discussion in 'Press Releases' started by OwnerInvest, Aug 21, 2008.

  1. OwnerInvest

    OwnerInvest UKBF Newcomer Free Member

    19 0
    Top Ten Reason to Buy Hotel Rooms in Portugal

    If you’re considering making an investment in hotel rooms overseas or buying a holiday home in the sun, Portugal should be your top consideration – and here are ten reasons why we think buy to let investment in Portugal is the right choice.

    1. Golf in Portugal
    The Algarve, only a short flight away from most European capitals, has been a magnet to many discerning golfers for almost three decades. Golf tourism is growing four times faster than any other form of tourism and golf tourists spend far more than just your average holiday maker. The Algarve is well known for being the number one destination in Europe for golf with the main golf season from late autumn to late spring. Winters are mild and golfers from northern European countries can enjoy warm sunny days and keep their swings smooth at the same time. There are just under a quarter of a million golfers who holiday in Portugal every year and this means they contribute a substantial amount to the local economy and represent an affluent and growing base upon which an investor could base a property investment purchase decision in Portugal and from which an investor could draw down a decent income.

    2. Strong Tourist Demand
    Portugal is among the top 20 most visited destinations in the world and it is incredibly popular with the Brits. Eleven million visitors travelled to Portugal last year (figures taken from the World Travel and Tourism Council), and the tourism based growth will be in the region of at least 3% annually from now until 2017 which means anyone buying hotel rooms in Portugal on a buy to let scheme will see their ROI (return on investment) come to fruition very quickly.

    3. Property Prices
    The Algarve has seen prices double in the last ten years and the latest statistics suggest that prices increased by 6% in 2006 and up to 10% in 2007/2008. This is proving that Portugal properties still have a high buy to let demand. This is good to know as anyone joining the market can exit the market smoothly and efficiently.

    4. British Tourism & Expatriates Lifestyle
    Portugal has been a British favourite for years, it is only a two and a half hour journey by plane and almost a quarter of the tourism into Portugal comes from the UK. Portugal boasts excitement, passion and a history that is a fundamental part of the Portuguese way of life. Similar to the Spanish, the Portuguese have a slower pace of life, a sunny climate, excellent food and wine and with over three hundred days of sunshine a year – imagine that! Despite all the golf courses and the tourist attractions, Portugal also has wonderful beaches and for the more country folk - mountains for great walks, wildlife and natural beauty. All of these reasons are an advantage to why buy to let investments are rife in Portugal right now, making it cheaper to buy property in Portugal than it is in the UK.

    5. Buy to Let
    Portugal is a popular destination offering fantastic weather, stunning beaches, tourist attractions, activities for entertainment, sporting activities, great food, wine and a diverse way of life. The appeal of Portugal is huge and growing annually, making buy to let Portuguese property in very high demand. Buy to let offers the buyer a few weeks a year where you get to enjoy your purchase while the rest of the time you gain an instant income from holidaymakers, golfers, family and friends.

    Buying a hotel room in a country like Portugal is a fantastic opportunity as you are almost guaranteed returns on your investment instantly! The majority of the buy to let properties you buy will offer you some form of a management service or letting service so you can kick back, relax and generate your retirement income.
    Buy to let mortgages are available from UK banks for Britons, this process is well documented making it easy for Britons to invest in buy to let apartments.

    6. Portugal is easily accessible and affordable
    EasyJet, Ryanair, British Airways, Monarch, Jet2 are among some of the regular airlines that offer cheap, direct flights into Portugal from the UK.

    7. Portugal Politics
    Portugal was admitted to the European Economic Community (now EU) on January 1st, 1986 and on February 16th, 1986, Mario Soares became the country’s first civilian president in 60 years. Elected in 2005 under a strong reform mandate, Prime Minister Jose Socrates is undertaking ambitious measures to lower Portugal’s deficit and strengthen the economy, improve general conditions for population and they have been accepted internationally for having a strong and intelligent police force. As part of the country’s economic plan, Portugal will invest 10 billion Euros in infrastructure in the next 5 years, making use of the European Union’s structural and cohesion funds that are still available to them.

    8. High Level of Investment into Infrastructure Projects
    Portugal’s government is literally pouring billions of euros into the country’s infrastructure. This was not only because of the economic improvement due to the European integration, but also because the country received support in financing its infrastructure projects from the union’s funds. The expansion of additional roads, dams, ports, new international airport, new metro system, modernisation of the country’s railroad system and an upgrade of the natural gas pipeline systems are all part of Portugal’s attempt to improve their infrastructure. As a result, the country has a well developed transportation network with 59,100 Kilometres of paved roads. This is good news for anyone thinking of investing into buy to let schemes in Portugal.

    9. Tax Purposes
    Portugal has the lowest corporation tax in the whole of Western Europe, thus making it a popular destination for buy to let property. Portugal has policies in place that attract foreign investment such as offering attractive finance grants and additional tax breaks. Since the mid-1980s the country had become especially competitive in attracting foreign investment. These attractions included political stability and a hospitable investment climate that included EC investment subsidies, the lowest wage scale among the EC-12, and programs of economic deregulation and privatisation, as well as robust national economic and export growth.

    10. A Decent and Robust Economy
    Under the new leadership, Portugal’s economy has improved and is tipping around 1.6%. Over 200,000 of UK residents have already bought a property in Portugal for investment purposes, giving us another reason why buy to let property in Portugal is the investment of 2008.
     
    Posted: Aug 21, 2008 By: OwnerInvest Member since: Aug 19, 2008
    #1
  2. oldeagleeye

    oldeagleeye UKBF Newcomer Free Member

    3,979 1,218
    Dsn;t you just love this SCAM guys. It;s bit bit like time share, Yet iif 4 of you together and put £65K in you own the property.

    I have said it before and i'll say it again. There are certian overseas wannabe entreprenuers think that we in Britain are stupid.
     
    Posted: Aug 21, 2008 By: oldeagleeye Member since: Jul 16, 2008
    #2
  3. OwnerInvest

    OwnerInvest UKBF Newcomer Free Member

    19 0
    You should be very careful accusing companies of being SCAMS when you clearly know nothing about us, scam companies generally don't have search engine rankings because they don't plan on being around for very long, search for Owner Invest and you will see that we are NOT hiding!

    Do you really think the Telegraph or The Daily Express would feature our company in their newspaper if we were running a SCAM or does that mean the Telegraph are also a scam????
    Buy Hotel Rooms Press Releases

    We do NOT think British people are stupid or any other nation come to think of it and it is ludicrous that you think that we as a company would treat anybody in this manner - ridiculous!

    Let's see, Trump, Marriott, Hilton, all companies who endorse and embrace the condo-hotel concept or "buy hotel rooms" to us in the UK, or perhaps they don't know what they are talking about either and are scamming! Like real estate, it's all about location and demand, that's why you should invest in known established locations like the Costa del Sol, it's been there for 30 odd years and it'll still be there in the next 30. Rising fuel costs will make european destinations even more popular as long haul prices itself out of the market.

    If the company running the hotel goes bust, the creditors would have no claim against the freehold owners, if they did, no one would ever let business premises or office space out, or is that too difficult to understand as well - a scam perhaps?

    You're renting for a return from rental, capital appreciation is a nice bonus but is not normally included as part of any projections. If you want to dispose of your "share" in the business, then your price would be based on the anticipated returns and the ability to show a proven track record. Room prices WILL increase, it's called inflation and like capital appreciation, it's inevitable.


    Please, do your homework first before accusing companies of something they have not done. Not just for us but for other companies out there.
     
    Posted: Aug 22, 2008 By: OwnerInvest Member since: Aug 19, 2008
    #3
  4. oldeagleeye

    oldeagleeye UKBF Newcomer Free Member

    3,979 1,218
    Firstly I apologise as far as your own company is concerned quite openly for using the word scam but most timeshare is now regarded as just that and I'll tell you what worries me about your company.

    (1) It appears that you operate from a business park which presumably has an easy move in and out flexible lease. No problem in that we will be moving into a serviced office in a business park ourselves shortly because it will allow use to use business lounges in other centre around the country and training room - but and it is a big but we will not be asking customers to invest huge sums in what in my personal opinion is little different to timeshare .

    (2) Your reference to the national newspapers featuring your company is absolutely meaningless. Anyone that buys advertising space can get a complimentary write up and if you know your way around as your team do you know that you can even provide the copy for that yourselves. In any event to compare your company with the likes of Trump, Marriott, Hilton is what is ridiculous.

    (3) I could find nothing on your web site which tells me who your company are. It is all very well giving a glittering self appraisal of your chairman and managing director and the rest of the team but this implies that you are a limited company - where is your company registration number.. I would thought that any company wanting to gain the publics trust to fork out huge sums for holiday apartments let alone possible pension implications would have been more transparent.

    This forum is about open debate and personal opinion on all matters concerned with business and business models and as said I publicly withdraw my comments about scam but personally and having been in financial services for over 20 years I would not touch this with a barge pole for the lack of transparency and the business model itself.

    Robert
     
    Posted: Aug 22, 2008 By: oldeagleeye Member since: Jul 16, 2008
    #4
  5. OwnerInvest

    OwnerInvest UKBF Newcomer Free Member

    19 0
    Hi Robert

    Thanks for your reply.

    I agree that thuis forum is about open debate and we are all entitled to our opinions.

    And because of your opinion and your opennes to share it, it helps us to see how other people view our company.

    From your comments we can work on improving the points you have raised.
     
    Posted: Aug 22, 2008 By: OwnerInvest Member since: Aug 19, 2008
    #5
  6. oldeagleeye

    oldeagleeye UKBF Newcomer Free Member

    3,979 1,218
    I am pleased you took my concerns in good faith as they were meant so best of luck and be a bit wary of any advertsing offer that comes from LBC who have run a lot of promotions for off plan property developments recently. Some of the presenters however only get an audience of few 1,000. I checked it out one night and over a 4 hr stint where they were inviting callers to ring in which is what LBC are all about the presenters had to babble on most of the time waithing for the phone to ring. Make sure you check the numbers then and when they says that LBC is Londons biggest ear just remember they count both so half the listning figures. Rob
     
    Posted: Aug 22, 2008 By: oldeagleeye Member since: Jul 16, 2008
    #6
  7. OwnerInvest

    OwnerInvest UKBF Newcomer Free Member

    19 0
    Hi Robert

    Thanks again for your reply. I would like to cover some of the points raised previously.

    I would dispute the term “most” as those companies still involved in the timeshare industry are hugely successful and many have been operating for a long time now. The larger “holiday clubs” have invested massively in new developments as they have also realized that the majority of the money is not made in a “quick buck” scenario, but by ensuring that their resorts are fully utilized and that the tourist pound is spent in their own establishments.

    It’s very different to timeshare and presumably, having been in financial services for over 20 years, you have asked people to invest large sums of money in one form or another. Not sure what relevance the location of the business premises has, presumably, if it was a scam, we would have big, bright city centre offices to [/html]
    HTML:
    “lure”people in and show how successful we are, a bit like many solicitors and ifa’s.
    
    Fair comment on how to use the system, though that questions the integrity of the publication rather than our own. We have never compared ourselves to those mentioned, we merely point out that it has been a successful model for them for a number of years and there is no reason whatsoever to suggest it will not be successful throughout the rest of the world.
    
    Company reg. number 6346721, we welcome any questions about our “credibility”, much in the same way as say Northern Rock would have done about their Chief Executives, or Enron, or the Channel Tunnel!
    
    This is about personal opinion and that’s the great thing, however, referring back to your earlier point about investing, would you in hindsight have sold all those endowment policies years ago. What was the scenario? You give the insurance/investment company your money for years and they’ll look after it for you, 10 years later, the same people were approached and told “they haven’t done as well as expected, tell you what, why don’t you give them even more of your money”, “by the way, they’ve just announced record profits and bonuses for the chairman, but you still don’t have enough money to buy your house!” Or what about all those people advised to change their pensions and then told “sorry that was all crap, we’ll try and get you compensation”. As stated earlier the business model itself has a proven track record and people are not just investing in a property, but in a multi billion pound industry (tourism), one of the major economic factors in the countries concerned and one that has continued to grow WHATEVER the economic climate.  I would hate to cast aspersions upon your own profession as you do on ours, but history is littered with people being ripped-off by their “ trusted” advisors, there’s good and bad everywhere, that’s why we have due diligence.
     
    Posted: Aug 22, 2008 By: OwnerInvest Member since: Aug 19, 2008
    #7
  8. oldeagleeye

    oldeagleeye UKBF Newcomer Free Member

    3,979 1,218
    For one thing I have never advised clients to invest in anything and I do not believe in investing in units trust either. As for endowment policies I charged a fee because I did not believe that in general they were a good invvestment either. As for Nothern Rock. I was actiually offered the company when it was owned or part owned by a well know insurance company and i refused.

    All this is besides the point. I have tried to give you company the benefit of doubt oin this one and indeed aplogised to the use of the word scam. I take that apology back now. I will not post your company house records on this forum but it seems you have not filed any accounts of yet and you claim to be a major player in this field with experience. Don't make me laugh.
     
    Posted: Aug 22, 2008 By: oldeagleeye Member since: Jul 16, 2008
    #8