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Lahore Real Estate Forum: Property News & Community Talk : ,

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   AB
Saturday, September 15, 2012 05:00 AM 
Reply: >
Dear All,



I have just secured a mortage for a property in Dubai.


Wanted to let you know that the property market is slowly recovering in Dubai and now banks are open to mortgage to non-residents.


If you can afford 50% of the payment, then you do not need to pay more as the rental money will take care of the mortgage payment.


Good Inflation free earning.....
jk replied on Saturday, September 15, 2012 05:20 AM 

totally disagreed, Why to invest in a place where you are not allowed to live and work but spend a retire life. I doubt see real estate has a good future in Dubai.
LHE Airport replied on Saturday, September 15, 2012 08:36 AM 

Few years before , many Overseas ( Included Pakistanis ) were deported from Dubai and many Gulf Countries, they were having many Investments at Dubai Even few were Owner of Big Villa’s at Palm Jumairah and Arabian Ranched etc etc

But all were in Lost and they are now in Pakistan, looking for alternatives, so better to always Keep in Mind that Earn from Out Side the Beloved Country , but always Invest at your Own Country and to Invest in Pakistan the best is Real State or Install any Good Earning Product Making Factory , there are Lot of Business Scope in Pakistan ,

here you all no Need Kafeel Kafeel Kafeel ,

The Overseas Brothers will understand , who is Kafeel , so here you are the Owner and you are Kafeel for your all Papers and for your all Bank Balance and Even Land is yours , all is yours in Pakistan , so Love Pakistan and Invest in Pakistan

Together we Boost the Economy of Pakistan , Inshallah
MJM Dammam replied on Saturday, September 15, 2012 08:51 AM 

Well said by LHE Airport and it has appealed me a lot. I know very well what Kafeel (sponsor) is??? Throughout my life outside Pakistan for 35 years, I have invested in Pakistan. I love my country where I was brought up although it has some drawbacks, but never mind. Motherland is motherland!!! Moreover, I never used any channel other than legal banking channel for transfer of money. Long live Pakistan!
Irfan replied on Saturday, September 15, 2012 09:39 AM 

It is not necessary for one to be living in Dubai to be able to invest or buy sell only, it is easy to get visit visas, and Dubai I feel is a good medium term option, until and unless if in Pakistan one can get more than 20% return, here is how

Histroic currency devaluation against UAE Dhs or USD = 12%
Dubai current rental return is approx. 6 to 8 %

add that up gives u 20% return,

and if you get any captial gains that's bonus.
AB replied on Saturday, September 15, 2012 10:42 AM 

I respect all of your point of view and would like to put this in your attention that one can get a residency permit if they have AED 1M worth of residential property.

I agree with Irfan bhai, you can get upto 20% return due to currency decline and if you follow dubai, you will realize that prices in the liveable areas are growting.


Chances of capital gains are high, because there will be not further appartment delivery from 2014 onwards.
jk replied on Saturday, September 15, 2012 11:23 AM 

jungal mai more nacha kis ne dakha,

I can under-stand to go abroad for earning but to invest out side.
I don't know why we blame Zardari Nawaz and rest of the politicians. If Pakistan has groom us to be successful in any part of the world

How and what we can give in return ???? These Arab will never accept you even you live there for centuries and one day you will realize if not today.
AB replied on Saturday, September 15, 2012 11:38 AM 

Mr JK,


In return i give vote and then enjoy the show :)


Lets agree to disagree here
AB replied on Saturday, September 15, 2012 11:38 AM 

Mr JK,


In return i give vote and then enjoy the show :)


Lets agree to disagree here
Paki replied on Saturday, September 15, 2012 11:42 AM 

Maray bhai AB ww pakistanis really have short memory. we forget 2008 dont forget Iran and US issue still there and every body knows about its fall nacks
and maray dosto Dubai is like heavrn ob earth till when no one knows open eyes and bhai 8% rent milta hay to mainranace 3 hote and other things dont misguide one more point Dubai and UAE are moving fadt for outsourcing ro in houses main koon rahay ga lets bet here it will collaps man
LHE Airport replied on Saturday, September 15, 2012 02:06 PM 

Dubai Defination :
Extra Money Holders / Black Money Holder ( Monkey Business Earners ) are Only in Dubai , no any Real Life there , I personally visited all Gulf , the Charm of Life is only Office to Home to Office , no any Social Life all in only Infrastructure there , big big Buildings and Apartments there , but no residence , as all Investor from Out Side Dubai , they only Once or Twice Year and Stay and Enjoy the Hot Weather of 35 C to 45 C , especially Europeans and then back to School.
So we must think about our Own Country and Investment must be inside our Country , let us Earn from outside and bring back to Pakistan , like Indian’s done few year back , the Currency of Riyal / Dirhams were equal to us Indian Rupees and Pakistani Rupees were close to each other like
1 Riyal or Dirham = 15 to 18 Pak or Indian Rupees, but now the Indian Rupees is still at same Situation and Rate ,
1 Riyal = 15 Indian Rupees , but our Pakistan Rupees is 25 , so its means we are going Back and Back in Economical Ways
Now many products are for Sale from India in Gulf Market , same as its being before were Imported from China , now most of the Products / Daily Wears / Shoes etc etc are being imported from India , we Pakistani only able to Import Yet Fans from Gujranwala or Gujrat and Few Importers of Rice, so better think about Investment for Pakistan
Suggestions for all Over Seas Brother , earn Out Side , Invest Inside
Thanks
shahid khan london replied on Saturday, September 15, 2012 02:54 PM 

for investment purposes istanbul(turkey) is 10 time better than uae. where on investment of hundred thousands dollars not only give u the permanent residency of turkey but also allow u to work in turkey. ur investment is 100% secure not like gulf estates where situation is uncertain.in istanbul sirkegee area one bed flat is available less than the above mentioned amount and its rent is nearly 600/700 dollars per months.this is my suggestion rest all upto ur plan
Paki replied on Saturday, September 15, 2012 03:34 PM 

Brother Shahid Khan London :

the Investment of Approx at Istabul of 100,000 Dollars is about 9,468,000 PKR ( As per Today Rate ) so if we buy a House Today with this Amount at DHA Phase 3 , 4 or 5 , it can easily be Rented 60,000 to 80,000 ( Approx ) but it will be a house not Appartment, i think yet Pakistan Investment in Real State is Yet Best Option for all my Brothers ( Over Seas ) but you also Suggest us best Deal in Turkey , its really informative , thanks for your kind info
shahid khan london replied on Saturday, September 15, 2012 09:26 PM 

at dha u cannot get any residency of europeon country.turkey is now knocking the doors of europeon union and understandbly he might join them nearly 2015.so its mean u would be automatically europeon citizen.the situation of pakistan is uncertain and no one knows what would be in future keeping in view the current territorial position.
uae replied on Sunday, September 16, 2012 04:12 AM 

@ Paki
bhai jan if you have a house in phase 3, 4 or 5 for 94 laks please sell it to me. a rent of 60 to 80 thousand mean that the house must be 1 kanal. One kanal plot is more than 120 laks in these phases.
All this talk of investing in pakistan is good, but there is a big danger of losing all your money due to dishonest people that you will be dealing with in pakistan.
AB replied on Sunday, September 16, 2012 04:37 AM 

Shaid Bhai, Kindly share the link where i can understand more about this turkey thing.


Baqi hazraaat jooo Pakistan main invest karna chatay hain, main unn kooo salam karta hooon. kaaa woh mulk saaa mohabat kartay hain.


Main bhee mulk saa mohabat karta hoon, magar mujh koo logon nay bohat "thuk" lagai hai... isss lia main abb shekon kee gulamee karna chata hoon.


chaloo chaloo dubai chaloo
aussie_expat replied on Sunday, September 16, 2012 05:36 AM 

Oh come on Turkey can never be part of European Union. If you cant give anyone good advice then at least don't misguide them. This is called fitna.
LRE Hot Topics replied on Sunday, September 16, 2012 07:39 AM 

Post added to useful posts list. View MORE Useful Posts Click on >>> LRE Hot Topics
shahid khan london replied on Sunday, September 16, 2012 01:58 PM 

dear ab
kindly note the link as follows:-
www.investment in turkey.com
hopefully u will find some more better option,as i bought a one bedroom flat in istanbul in march 2009@ $-68000 and now its value is nearly 93000 us dollars.
Paki replied on Sunday, September 16, 2012 09:51 PM 

Good information, but for your kind info Mr. Shahid khan London,

i baugth a Plot at Lahore in 2008 by One Lac Riyals , now the Value is of 4 Lac Riyals ( Offer in Hand ) since the Riyal and Dollars Rate is Fixed 3.75 , its means from 2008 to 2012 ( 4 Years ) we invested In Pakistan and Gained a Profit about 25000 Per Year if we compare in Riyals and Dollars , same point , i think better yet Pakistan Real State and Investment , So Earn from Out Side and Invest in Pakistan ,
Thanks
Ahmed replied on Monday, September 17, 2012 06:19 AM 

Please also note that in Turkey you can face the same problems as in Pakistan i.e. Qabza Group, fake documents and difficulties to exit i.e. cumbersome process of tax systems.
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