Condo hotels offer a means of investing in Dubai, the fastest growing cities in the world
Have you ever been to himself: "If I just purchased a Disney land in Orlando before?" Or how would "I wish I had a piece of the Las Vegas Strip?" Imagine where you want to be today, if we had the future of these exciting cities have anticipated.
Now not to buy. It's not too late for any real estate investment opportunities. The trick is simply to find Orlando or Las Vegas to invest and buy another.
DUBAI, THE CENTER shining starEAST
And where is now the best chance? It 'an unfamiliar city, which is rapidly becoming one of the bright stars in the Middle East - Dubai.
Dubai is one of the seven United Arab Emirates, and is the fastest growing city in the world established. In fact, it has the makings of a success of epic proportions. Here are some accomplishments and ongoing projects that will help the city be put on the map:
· Burj Al-Arab - The only seven-starHotels in the World
· Burj Dubai - the tallest tower in the world
· Mall of Arabia - the largest shopping center in the world
· Palm Jebel Ali - Two largest manmade islands, with actions
and entertainment near the coast of Dubai
· Dubai Land - A collection of six ultra-modern theme parks including 45 mega projects and 200 entertainment projects in development designed to create a tourist site about three times greater than allWalt Disney World Resort in Orlando.
· Jebel Ali Port - the largest artificial harbor in the world
· Sky-walk - the world's longest pedestrian bridge
· Events world-class sport - Dubai World Cup (the world's richest race horse), Dubai Desert Classic (Golf) and Dubai Rugby Sevens
· Dubai International Financial Centre (DIFC) - Proposed financial hub for the entire Middle East
· Dubai's Airport - Expansion underway in order to be able to manage45 million passengers a year by the 2018th
Tax incentives · Consultant - 100% tax-free environment
WHAT is in you?
You can participate in Dubai. To invest in one of his to-be-built, five star condo hotel is now. Opportunities for pre-construction condominium units to purchase hotel in Dubai. And the Americans, Europeans and Asians are all skipping the event.
They are essentially buying a suite of a luxury hotel(Studio, one, two or three bedrooms), and not as an owner built the hotel units will share in all revenue.
How much revenue? Now some developers in Dubai are in fact with a guaranteed minimum return of 8% or 60% of revenues generated unit, whichever is greater, for the first three years. After the third year, you are also entitled to 60% of revenues, but there is no guarantee.
Will be 60% of the income of meaning? Of course, no one can predictthe future. But consider these facts. Dubai has the highest employment rate hotels around the world! In 2005 it was increased by 86% and was constant. It also has the highest revenue per available hotel room in the world, beating the world-class city like New York and Paris.
Condo Hotel OLD
As the owner of a condominium hotel is located, you can make your condo hotel as long as you want. Use it as a get-away-from-it-all home for the holidays, if desired. If youdo not want in your portfolio, you can sell, probably at a very precious, and keep 100% profit.
And 'this is a good time to buy in Dubai? After all, this country is not an established tourist destination such as Las Vegas or Florida. But in reality, this is the reason to buy now.
The real estate sector in Dubai is only a few years. First steps on the ground floor of a new real estate market has its advantages. Remember, these arePremium property in a new country with unimaginable possibilities. The prices of these five-star condo hotel are very reasonable, so much space for the recognition possible.
Compare, for example, the Trump International in Ft Lauderdale, Florida, where he studied condo hotel unit of 612 square meters would cost you now have $ 800,000 or Cosmopolitan, Las Vegas, where 600 square meters at a studio run $ 750,000.
comparable studies in condo hotels in Dubaistarting under $ 150,000. In fact, at these prices, you can purchase a unit on hand three bedrooms in Dubai with enough to buy her new Mercedes and her to start and a corresponding pair of camels on the left!
Because Dubai is so popular?
Dubai is located on the southeast coast of the Persian Gulf, strategically at the crossroads between Europe, Africa, Middle East and Asia. This makes it a goal to more than 1.5 billion consumers.
With its central location, Dubai is rapidlythe most important in the region. Over the past ten years the number of visitors to Dubai has increased 1080000-5400000, which means an annual growth of 16%. This growth rate is more than triple the rate of growth in global tourism over the same period. In fact, over the past five years has seen 54% growth in the number of tourists to Dubai.
Forecasting 200,000 visitors a day is to win in Dubai and designed to accommodate 15 million visitors a year2010. All this bodes well for owners of condo hotel units.
Be a part of growth spurt in Dubai
What caused the sudden growth of Dubai? In May 2002, Sheikh Mohammed bin Rashid al-Maktoum, in an attempt to reduce economic dependence on oil to Dubai, has issued a decree for the first time allow foreigners to buy and sell property.
The race was on. Investors all over the world leaped with both feet, recognizing the potential of Dubai with its stableEconomy, secure political scene, zero property and income taxes, and quality of life.
The result? Today, Dubai is the number one emerging market. An estimated $ 80000000000 building projects, including the five star condo hotel in this are now underway in Dubai.
So if you still will not connect to itself to some of those Florida orange groves and cattle pastures, who eventually bought a Disney or invested in this business in the desertThis was in Las Vegas, here's another way to make his mark in the sand - Dubai!
To learn more about opportunities for condominium hotel properties in Dubai, visit http://www.CondoHotelsDubai.com
