Phuket Property - A Real Estate First for Phuket

Phuket Airpark have recently opened the first private airstrip in Phuket and released a limited number of hangar lots and 'pilot village' condominiums for sale.

Located in Pa Khlok on the east coast of Phuket, The Airpark has a 500m runway and occupies a site of 116 Rai (185,600m2). The Airpark caters for small private planes and is an ideal location for pilots and light aircraft enthusiasts who need somewhere to park their wings. Facilities at the Airpark include a club house, restaurant and a small number of bamboo bungalows.

Adrian Held, Director of Phuket Airpark and himself a keen pilot, said in a recent interview ''the idea is that people want to have their house and their hangar just next to the house, that's an airpark.''

''At the moment we have a 550m strip but we have already purchased land to extend it to 700m and we may extend to 1000m in the future. We don't want to restrict the aircraft here we want to be open to everybody, that's the idea of aviation, no borders.''

It is now common to see private planes arriving in Phuket, a direct result of the increase in the supply of luxury property on the island. Four years ago you could count the annual number of private plane arrivals on one hand but now they number between four and five hundred per year.

Hangar lots at Phuket Airpark can be purchased from 6,000,000 Baht and 'pilot village' condominiums are available from 5,000,000 Baht.

The Best Real Estate Markets in Mexico

The Best Real Estate Markets en Mexico?

Real estate investment in Mexico. mexico.vg considered each region based on affordability, cultural and natural attractions, infrastructure, economy, proximity to U.S. and a number of other factors contributing to overall appeal to tourists, retirees and, therefore, investors.

The Best Mexican Real Estate Markets are:

1. Loreto, Baja California Sur
2. Merida, Yucatan
3. Guadalajara, Jalisco
4. Puerto Vallarta, Jalisco
5. Oaxaca, Oaxaca

There are many myths about purchasing real estate in Mexico, and the process can be complicated and risky. Many investors never even reach that point, as the challenge of finding a suitable location often proves too difficult. This works to the advantage of savvy and tenacious investors who can navigate the process successfully. As demand increases for Latin American and Mexican real estate, more investors should take advantage of the deals out there while they exist, which is why NuWire published this list. Each region’s market has its own unique qualities, attractions and drawbacks. Interested investors can use one or more of these cities as starting points or as destinations when seeking the location most appropriate for them.

More Vo Real Estate for Sale: Memorial Mansion with Multiples

As recently as last Friday, the home owned by State Rep. Hubert Vo and his wife in Memorial’s Rivercrest subdivision was listed on HAR as “Option Pending.” Then — by yesterday — it was back on the market. Did something happen to disrupt a potential sale?

The new, 23,000-sq.-ft. “awesome Mediterranean estate” at 31 W. Rivercrest has been listed at the same price for 21 months.

What’s the story? A comment posted to HAIF last November offers some clues:

That house is a disaster. I believe, it was, initially being built for Rep. Vo, but when the budget quickly ran out and then they realized it wasn’t worth what was spent on it, it has been a mess trying to get rid of the thing.

I met with an agent that was showing the house privately about a year and a half ago just before I started a project down the street and she eluded that it was initially being offered, still incomplete, for 7.5mm. So far as I know, it is STILL incomplete and has dropped a lot. Eventually, they will have to liquidate it. I wouldn’t be surprised if it is a tear down with as hideous as the house is.

The actual $4.7 million asking price has in fact held steady. For $200K less than Vo’s other real-estate offering, you get a 2.66-acre lot, an enormous brick home with 5 stairways, 2 attached garages holding a total of 8 cars, plus a separate guest house. And it’s all almost complete!

But this isn’t just your typical Memorial mansion for column-and-arch-crazed empty-nesters! Everything about this home — from its 8 bedrooms, 9 full baths, and 2 half baths, to its dual Master Bedroom suites — is tailor made for occupancy by large numbers of people!

Real Estate Foreclosure

The good news for first time home buyers is that as long as they are willing to out up with a maybe “not quite perfect” real estate foreclosure property, The real state foreclosure people looking for their first property and he looking to build a large real state foreclosure there is the possibility of developing what is referred to as “sweat equity”. Sweat simply equity, or increased value, created by the willingness of a new owner to do the clean-up and repairs many distressed properties require. Each state in the United States has its own procedures for how a lender can foreclose on a loan in default. These procedures are determined by state law and although the procedures and timeframes can vary widely, there are common characteristics to all of them. The biggest difference in the foreclosure process between states is the use of either judicial or non-judicial foreclosure, which simply means the foreclosure will be handled through the courts or handled outside the courts by advertisement and publication (non-judicial). There are also three phases to the foreclosure process that need to be discussed, the default phase, the auction phase and the REO (foreclosure) phase. Most everyone will agree real estate markets that have had huge price increases for many years in a row cannot keep rising in price at the same pace as in the past. Other real estate markets have seen appreciation, but at a more moderate pace. A slowly appreciating market is far less likely to suffer a “bubble burst” than a market that has seen huge gains in just a few years time Understanding the type of foreclosure process, Foreclosures occur when payments aren’t on a loan that is secured by real estate, and the lender takes the security (real estate) because those payments have not been made. Understanding the process, and what steps you need to take at different parts of the process, is essential to successful investing in distressed property.

RS&H - Commercial - Real Estate Service Group

RS&H Commercial Realty, Inc. provides comprehensive services tailored to the needs of corporate, commercial and industrial clients with real estate or facility siting, planning, design or construction administration requirements.

RS&H Commercial Realty is a licensed brokerage subsidiary that adds value to its clients by assisting in the site selection, due diligence, demographic research and acquisition of sites.  The added service allows a client to be proactive in the site selection process, thus saving time and money

Real Estate Blogging

Recently, I've noticed an increase in home builders and real estate companies reaching out to Compendium for an easy blog software to help combat these difficult economic times. It's no secret that the housing market is a major catalyst in the downturn of the economy.

Because few people are buying new homes, and the ones who are now do far greater research before buying, real estate companies are rethinking how they put themselves in front of their market. $500,000 newspaper advertisements that are ignored throughout the year will not sustain many of these companies.

That is why search marketing and blogging for SEO is a much better avenue for these companies to commit their limited resources; both time and money. A multi user blog software allows agents, corporate marketing offices, and other real estate employees to help with content creation, which will drive the online visibility. By putting the properties and messages in front of this immense online traffic, real estate companies can stop suffering and be ready when the buyer seeks them out.

Plus, Compendium's blogging platform is so simple to use, anyone can join in the effort. Our client success team will help track the ROI so that the company has more control in these unstable times. It's time for these companies to re-think marketing strategies if they want to weather the storm.