2006 (c) creditplushealth.com
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China
Property Investment - Where there's Noise, there's Money! |
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Experienced
overseas property buyers all know the positive
benefits a new airport can have on a region. Some
analysts state that property prices can rise by as
much as 25% when a location becomes more accessible.
Imagine as an investor how you would feel buying
property in an emerging market that has poor
communications. The news of the construction or
expansion of the airports would have you jumping for
joy. That is exactly what is taking place in China
today.
China is about to make property investors very happy people. According to the China Aviation Administration China (CAAC) Chinese airports handled 240 million passengers in 2004. This is a rise of 38.8% from the previous year. The CAAC estimate that by 2010 Chinas airports will handle 500 million passengers. China airports are set to handle this rise in capacity with a series of expansion projects already underway. Beijing Capital International Airport is expanding with a third passenger terminal. The brand new terminal will be finished before the 2008 Olympics and will be able to handle 60 million passengers. Baiyun International Airport has already received the Chinese expansion treatment. Shanghai's Pudong airport is receiving a second terminal with more planned in the future. The Xianyang International Airport in Shaanxi has ambitious plans for a new runway and terminal. China investment property Those who are considering investment in the region must surely view these infrastructure improvements in a positive light. The Chinese real estate industry is about to boom. Foreign investors are encouraged to invest in China and are protected by law. The costs associated with buying property in China are low at only 4.5%, much lower than many European countries. Personal assets and properties are recognised and protected by new Chinese law. So where's there is noise there is money!
By Nicholas Marr Nicholas Marr is clearly an observer of life and front row spectator of the events in the overseas property market. His articles dare to challenge trend of thought in this industry which is besieged by the big boys. A lifetime property investor his UK based company Marr International owns one of the fastest growing overseas property websites in Europe. His articles are informative and sometimes a bit uncomfortable for some in his industry to read. What ever the subject they will always be informative and will hold your interest. Bravo to freedom of speech. Buying property, selling property we have thousands of homes for sale worldwide at http://www.homesgofast.com
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Credit Plus Health By Sean Toh All rights reserved.
