If plans to build the canal become a reality it could prove to be an enormous boost to the Turkish economy and the Istanbul property market in particular. It will be one of the largest construction projects in the world and would involve bringing in a number of building and contractor firms from around the world, all of whom would require some sort of accommodation, which is likely to be rented but could also be bought.

These firms will be employing enormous numbers of Turkish tradesmen, often on far better salaries than local firms could afford to pay, and this will lead to increased affluence so that more people will be able to move into their own properties, whether bought or rented.

A huge variety of accommodation will also become necessary, as project managers will require luxury homes, while more basic accommodation will be needed for lower-level workers.

Apparently there are plans for the canal to be completed by 2023, even though a start date has yet to be fixed. Feasibility studies are scheduled for April next year. This project will take many years to complete, providing a valuable boost to the property market for a very long time.

The concept of a canal linking the Black Sea with the Sea of Marmara is nothing new, as the idea has been put forward at least seven times in history.

The problem is that most people do not regard working on a building site as being a viable career choice, and think of it more as a stop gap until they get a proper job. There are initiatives to change this way of thinking with professional qualifications being instigated, but the issue cannot be solved as quickly as is necessary to meet the growing demand for housing, which may cause prices to rise even more.

These initiatives are currently being put in place by the construction industry but many believe that it should be the responsibility of the government to develop training programs and that national policy is needed to support the building industry.

They believe that a construction labour training programme should be implemented and incentives given to companies who choose to train their staff this way or to employ workers with these qualifications.

There is no question that Brazil’s economy is still growing even though market forecasts for GDP growth in 2011 have recently been revised from 4.6% to 4.5%. Industrial growth is forecast to increase by 5% this year.

While the construction industry may be essential to Brazil’s success, it is also due to the huge value of exports, with the farm sector accounting for a third of this trade as it has increased in value by 26.3% during the past year. This is partly due to the sharp rise in prices of food.

View Brazil property for sale

"Well, here we are again as another year draws to a close, and the world of overseas property prepares to move another year away from the dreadful crash. A crash, which has changed the world, with emerging markets now expected to lead the global recovery and established markets struggling to grow at all — of course there are some exceptions to this. This is heavily reflected in our investment picks for 2010, which contains only 1 established market, breaking up the 4 emerging markets."

The firm has named Brazil as the number one investment destination in the world, though according to McKenzie it was a "toss up" to choose between Brazil and Turkey, which came a close second. McKenzie explained:

"Both have been completely stabilised and reformed for the better by two terms of excellent governance, both now have stable and rapidly growing economies, and both are seeing growing affluence in the population cause demand for housing to outstrip supply by a large and increasing amount."

According to McKenzie the discovery of oil in Brazil and its winning the World Cup in 2014 and the Olympics in 2016 clinched it for the Latin American market.

The USA was in third, which comes as no surprise according to McKenzie.

The report highlights the massive problem of repossession in the US, with Florida being highlighted as a hotbed for investment because of its having one of the country’s highest foreclosure rates. Because of this, there are "opportunities to buy, not distressed or repossessed properties, but discounted new build properties on the open market at up to 60% below replacement costs," said the report.

Egypt was named the fourth hottest investment destination for 2011, according to the report: "Egypt fits the model of your typical emerging market investment."

"The formula is simple; low prices and high growth," said McKenzie. "On a comparative basis prices in Hurghada and Sharm el-Sheikh property prices are some of the lowest in the world," he added.

5th place went to Vietnam; the report said: "Data shows that Vietnam GDP grew 6.3% in 2008, 5.3% in 2009 and is on track for similar growth this year. The Asia Development Bank is forecasting 4.5% growth this year, the IMF is predicting 6.5% growth this year and 6.8% next year."

According to the report, this growth, the fact that it looks sustainable, and that Vietnam property is still priced comparatively low compared to its peers, is the reason why Vietnam will hot up in 2011.

"In emerging Europe, growth in economies that experienced the mildest downturns (Poland), and others that faced the crisis with relatively strong household and bank balance sheets (Turkey), is projected to continue gaining strength, helped by the normalization of global trade and capital flows," IMF report said.

According to Turkstat data, after coming out of recession with a 6.7% year on year GDP growth in the final quarter of last year — ending a year-long recession –, Turkish GDP was 11% higher in the middle of this year compared to last year. This was made up of 11.4% year on year growth for the first quarter and 10.3% year on year growth in the second quarter — matching that of China.

This rapid growth has made Turkey the fastest growing economy in Europe, and of all the member countries of the Organisation for Economic Cooperation and Development. According to the IMF Turkey will remain the fastest growing economy in Europe.

Reading between the lines of the IMF report you can see Turkey bridging the gap between rapid, emerging market growth, and developed, established market stability.

The IMF expects advanced (established) economies to grow by 2.7% this year and 2.2% next year, while emerging economies are to grow 7.1% and 6.4%. Turkey is therefore to see emerging market growth this year, and established market growth this year.

This is likely because the government of Prime Minister Recep Tayyip Erdogan is using this period of rapid growth to pay down debt, gain firm control of inflation, and solidify the economic future of the Turkish nation.

The fact that he is succeeding in these aims is making Turkey property increasingly popular with foreign buyers. It currently offers buyers great growth potential, and great stability and security in their purchase.

Big movers this month includes Egypt’s Premier Resort, the NEW 125% BuyBack Guarantee, Samra Bay – Malaki Club, which also provides investors with 8% Rental Guarantee for 8 years.

Tambaba Country Club Resort 20 miles South of João Pessoa, Brazil, with its new 7%, 3 year Rental Guarantee has held on to last month’s 3rd place.

You can click the picture or the name of the property in ‘red’ to find out more details; call us on: +44 (0) 207 100 23 93 or email: info@colordarcy.com.

We look forward to hearing from you.

1 La Vallée d Aulnes, Poitou Charentes, France NO MONEY DOWN DEAL 5.5% Rental Guarantee 100% Mortgage Prices from £126,284 2 Malaki Club, Hurghada, Egypt 8% Rental Guarantee for 8 Years Beachfront 5 Star Managed Resort Prices from £53,000 3 Tambaba Country Club Resort, Joao Pessoa, Brazil Over 60% Sold 30% Below Market Value Land or Villa Prices from £17,500 4 Halcyon Hills Resort, Samos, Greece Top Seller in May 2010 150% Buy-Back Guarantee 8% Rental Guarantee Prices from £22,000 5 Dr. Geraldo Furtado, Natal, Brazil RECORD BREAKING TOP SELLER! 6% Rental Guarantee for 4 Years 50% Projected Growth Pre-launch Prices from £53,000 6 Village at Town Centre, Davenport, Florida Tenants in Place 8% to 10% Net Yield FREE HOA Fees Prices from £34,000 7 La Floresta, Marbella, Spain Pre-Launch Offer Luxury Apartment Golf Course Prices from £154,000 8 Horizon Sky, Bodrum, Turkey 5 Star Resort 5% Rental Guarantee Easy Payment Plan Prices from £87,000 9 Coral Lake Resort, Fortaleza, Brazil Voted Best in Brazil Beachfront Land of Villa Pre-Launch Prices from £9,000 10 Royal Beach Resort, Hurghada, Egypt GUARANTEED 31.5% Rental Return Over 5 Years New – 7 Year Payment Plan Fully Managed 5 Star Resort Prices from £39,000

If you have not yet purchased and would like assistance in choosing the best units or have any further questions please send us an email, call us, or simply let us know a suitable time to call you back.

We look forward to the opportunity of assisting you invest securely and successfully.

Best regards

The Colordarcy Team

I have always believed that our VIP Members are some of the most well informed investors in the world and moments like these, confirm my belief. 

Within 1 week of releasing these luxury apartments in the exclusive Petropolis area of Natal, Brazil, 50% of the units are now SOLD.

When you consider that this project is still in the pre-launch stage, there is a strong possibility that Dr, Geraldo Furtado will make Colordarcy history; by becoming the first ever development that we have represented that has SOLD OUT before its official launch.

I bet the developers are now kicking themselves for pricing the development so low!

So Why Is The Dr. Geraldo Furtado Project So Special?

Just imagine purchasing a property in Notting Hill, Manhattan, Hong Kong, Madrid or Milan and you will start to get the picture of the type of location you will be purchasing your Brazil property.

Imagine not having to worry about managing your property and benefiting from a 6% Rental Guarantee for 4 years; effectively purchasing a hassle free property that pays for itself.

Brazil’s fast growing middle class professionals enjoy living in such a vibrant location and some will start out renting and some will purchase, so investors will have a robust exit strategy when they decide to sell their property.

It gets even better, because with this NEW PRE-LAUNCH OFFER, you will be purchasing a property in the outstanding DR. GERALDO FURTADO development for 20% below comparable market value.

Have You Read Gavin’s Story?

To get more information about the outstanding Dr. Geraldo Furtado, click here to read Gavin’s Story; A Little Mistake That Cost A Brazil Property Investor £20,000

Do not miss out on this HOT SELLER; for more information and to receive the latest “DR. GERALDO FURTADO BROCHURE”, Please Call: +44 (0) 207 100 2393 or Email: info@colordarcy.com Today.

6% Rental Guarantee

If a client takes up the 6% four-year rental guarantee option, the client will only be responsible to pay the IPTU Tax (Council Tax). Using current tax rates, this will be approximately 400 – 500 Brazilian Reais (£183) per year. 

All other running cost such as electric, Water, Service Charge, Rental Management and Maintenance will be the developer’s responsibility over the 4-year rental guarantee period.

You may ask, why is the developer paying for the majority of the associated running cost?

In a nutshell, the developer will be renting the property out and is likely to make approximately 10% to 12% gross rental return per annum. Therefore, there is a lot of profit available for the developer to use to cover running costs (clients can opt out of the rental guarantee program and rent their property on the open market).

For the additional security of a guarantee, clients are essentially giving up some of the income that is likely to be generated from the investment.

On top of this, with a Rental Guarantee in place, the developer will sell out at Dr. Geraldo Furtado a lot faster – which is exactly what is happening today (giving him better cash flow to construct).

After all, what savvy investor would not be prepared to purchase property in one of the world’s fastest growing emerging market that pays for itself and is hassle free to manage?

50% PROJECTED GROWTH

Property prices typically increase during the construction stage. Our experience of similar developments growth rate in Brazil has shown that 10% capital appreciation per annum is achievable.

Given that, Dr. Geraldo Furtado is already 20% below market value. We would estimate a 50% return on investment during the construction stages. Please Call: + (44) 207 100 2393 or Email: info@colordarcy.com to request a copy of the “Comparable Report”.

Therefore, if you were to purchase a £60,000 unit today, you would potentially be able to sell this property in 2013 for £90,000, MAKING YOU A PROFIT OF £30,000.

With the 2014 FIFA World Cup quickly approaching, we would expect a further boost to prices. The opening of South America’s largest airport in Natal, will also serve as a positive effect on growth rates.

The Future is Bright; The Future is Brazil

As you know, Brazil is one of the fastest growing emerging markets in the world. Super investors like Richard Branson, Bill Gates, Warren Buffett and Sam Zell have spotted the opportunity and are making significant investment in this dynamic country.

It is now your turn to take advantage of what is proving to be a lucrative property market. Brazil property prices are growing strongly and within a few years time you will be paying twice as much as you would pay today.

The Early Bird Catches the Worm

Will Dr. Geraldo Furtado create history and become the first project that we have represented to be SOLD OUT before official launch?

It certainly looks that way, I have no doubt that the prime sea view 2 Bed and 3 bed units will be all gone within the next 10 days.

Do not miss this amazing opportunity; it has taken us 4 years to find such great offer in the most luxurious postcode in Natal, Brazil. There are not many development sites available to build on in this exclusive location; therefore, it may take another 4 years to find another opportunity of the same magnitude. Are you prepared to wait that long?

Do Not Miss Out, Please call: +44 (0) 207 100 2393 or Email: info@colordarcy.com for more information and to receive the latest “DR. GERALDO FURTADO BROCHURE”,

You have a great day.

Loxley McKenzie

Managing Director

After going through 1000 things that we could do to stand out from the crowd – positive cash flow properties, technological breakthroughs, a consultant in every city in the world, mission statement, etc, we went back to the top of the list. At the top of the list – there it was scribbled in black ink: client, client, client! We had the answer from the first drop of ink.

At Colordarcy, we ensure that the client is at the heart of our business and we aim to consistently deliver the highest level of service to you at all times. Our passion, our goal and our success is centred on client satisfaction. It is exciting to receive this level of recognition for our high level of client focus, but if I am honest, we would do it anyway as it is what we believe in.

Every employee, every communication and every process within Colordarcy should delight you, our most important customer, by demonstrating our understanding of your needs and goals, and by going the extra mile to ensure you are happy and satisfied in all your interactions with us.

Colordarcy Shortlisted for Two Prestigious AIPP Awards 2010

We are delighted to inform our VIP Members that your international property investment partner, Colordarcy, has been shortlisted for two prestigious awards at the leading overseas property awards – AIPP Awards 2010 (Association of International Property Professionals – http://www.aipp.org.uk/aipp_news/aipp_awards_2010_shortlist_announced/73/news.html).

We are proud to have been shortlisted for the two most important awards:

Most Outstanding Example of Customer Service

Most Transparent Marketing Campaign

About AIPP Awards (Association of International Property Professionals)

The AIPP Awards are wholly owned and organised by the AIPP. They are an independent, not-for-profit initiative to reward customer service excellence in the international property sector.

As a consumer, when dealing with an AIPP approved company, you can be confident that you are receiving the highest level of service and professionalism.

Awards Ceremony

The AIPP Awards 2010 will be presented in front of a live audience of industry professionals and consumers at A Place in the Sun Live exhibition, in Earls Court London on Friday 26th March.

The presentation ceremony will start at 2pm on the main stage.

Colordarcy VIP Members who are attending the show, do come over and say hello, we would love to meet you. Colordarcy representatives that are attending show are:

Loxley McKenzie, Managing Director

Barry Ramsay, Marketing Manager

Rachel James, Client Support Manager

Matthew Francis, Senior Portfolio Consultant

Colordarcy in the News

Below you will find links to a couple of recent news articles featuring Colordarcy.

Daily Mail – Keys to Florida

Click here: http://www.dailymail.co.uk/property/article-1250294/Keys-Florida-Sunshine-sport-low-prices-make-state-retired.html

The Rio Times – Brazil Property – Real Estate Companies in Zona Sul

Click here: http://riotimesonline.com/news/rio-real-estate/real-estate-companies-in-zona-sul/

What A Fantastic Year We Have Ahead!

I would like to take this opportunity to thank our VIP Members for choosing Colordarcy to serve you in all your international investment property needs.

We will continue to provide you with outstanding client service, each year we strive to get that much better. We are never afraid of going the extra mile.

Over the next few weeks, we will be launching new projects in the following countries: Brazil, Egypt, Florida, Portugal, Spain, and Turkey.

We are working very hard to complete all the necessary due diligences. I believe that our VIP Members will have a selection of properties to choose from that will be second to none.

2010 is the year of opportunity!

Colordarcy…for more than just an investment.

Property investors from around the world are flocking to Brazilian shores with a view to snapping up real estate, in anticipation of future capital growth.

Brazil Property Specialist, Colordarcy have seen Brazilian property enquiries increase by 60%, since the Olympic announcement. The company has responded by launching a consultancy service to help clients to source the best real estate deals in Rio de Janeiro.

Loxley McKenzie, Chief Executive at Colordarcy – is predicting an annual increase of 20% per annum – carrying through to the Olympic. He said, “The time to purchase Brazil real estate is now, I have no doubt that we will see incredible growth over the next few years”.

Mortgages will soon be available to international buyers and this will create a further boost to Brazil’s property market.

Investment banking firm Goldman Sachs believes that Brazil’s economic growth could outstrip that of the other BRIC (Brazil, Russia, India and China) nations over the next few years.

Brazil’s economy is widely expected to become the fifth largest in the world by the time the Olympic Games kicks off in 2016, and yet property and land prices still remain a fraction of those found in more developed nations.

The Brazilian president Luiz Inacio Lula da Silva has already pledged to spend up to £11.5bn on building a million new homes in Brazil between now and 2011.

It is time to Samba all the way to Brazil.

Click here to view Brazil properties for sale:
http://www.colordarcy.com/brazil-properties.php

“We have seen broad improvement in home prices for most of the past six months,” says David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s.

The number of Brits investing in property in the US has risen over the past few months, with more UK buyers tempted to the country by improvements in the sterling and dollar exchange rate.

According to Deane Roe, from Moneycorp, the firm has seen a rise of 23 per cent in the number of Brits investing in homes in the US over the past half a year.

Florida overseas property specialist Colordarcy ? have seen a further surge in international buyers looking to take advantage of prices at the bottom of the market. Enquiries over the last quarter has increased by 60%.

The window of opportunity is starting to close and those who have been considering purchasing a property for sale in Florida, should now be looking to take advantage of a market that has clearly reached the bottom.

Click here to view discounted Florida properties for sale:
http://www.colordarcy.com/property/florida/latest_florida_property_for_sale.php

House prices in Florida have seen their first monthly rise since July 2006, up 0.5% between April and May, according to Standard & Poor?s Home Price Index. The National Association of Realtors (NAR) said house sales had seen a ?sustainable? gain of 3.8% over the second quarter of the year.

Florida home sales rose in July to their highest level for 2 years. Agreed sales have now risen for 6 consecutive months. Max James of Barclays has already seen the change, ?The US Florida market is definitely improving?. This is confirmed by figures from the National Association of Realtors (NAR) showing that 43,000 homes were sold in Florida in 2nd quarter this year, 8,000 more than the same time last year.

Here are some recent stats on sales in Orlando:

Members of the Orlando Regional REALTOR® Association in July sold 65.23 percent more homes than in August of last year, contributing to the area?s year-to-date sales increase of 49.40 percent.

The sales of apartments in the Orlando area increased by 259.48 percent in August when compared to August of last year.

Osceola County Property Sales: 111.75 percent above 2008 (3,551 homes sold to date in 2009 compared to 1,677 in 2008).

Don?t Miss the Boat

The window of opportunity is starting to close and we encourage our VIP Members to contact us today to discuss their investment goals and objectives. Our central database system gives us access to every single property for sale in Florida. Naturally, we are unable to display all the properties for sale in Florida on our website. So if you do not see what you are looking for, do contact us and we will send you a list of properties that matches your requirement.

Please visit http://www.colordarcy.com/property/florida/latest_florida_property_for_sale.php to view our portfolio of properties.

Kind regards

Loxley McKenzie
Managing Director