Latest News
24-Nov-2008
Rental Market Booms in Brazil’s North East
The north east region of Brazil is not only seeing a remarkable boom in new housing, but it is also experiencing a large increase in the home rental market, according to an article printed in one of the region’s leading newspapers.
Award-winning Property Investment Ticks All the Boxes
Overseas property investment specialist, Obelisk, has a passion for excellence and the company's determination to offer superior standards and high professionalism at all stages of property investment has reaped its rewards: Obelisk has received the high accolade of International Property Specialist of the Year 2008, awarded by Business Britain Magazine.
Business Britain Magazine, a bi-monthly executive guide to business, is due to present their annual awards in September, covering 10 key business areas including a dedicated property category. The International Property Specialist of the Year award is bestowed according to 7 rigorous criteria, covering a number of different areas pertinent to the overseas property investment industry.
These criteria include the range of investment portfolio and locations offered as investments, client relations (ongoing support offered in terms of additional services to assist the buyer), return on investment (ROI) offered to the client and proven knowledge of the marketplace(s).
Fundamental to the Obelisk way of thinking is total commitment to clients' requirements and wishes and the company's absolute priority is to ensure that clients receive tailor-made investments. Regular market research carried out among Obelisk clients guarantees continually up-dated information about investors' needs and wishes.
Current projects within the Obelisk overseas property investment portfolio cover a range of locations - Romania, Slovakia, Bulgaria and Northern Cyprus - all selected for their ability to create wealth through property investment.
Part and parcel to Obelisk's high standards is the obtaining of in-depth and thoroughly researched information about investment destinations. Obelisk's comprehensive research includes country economies, national property markets, tourist industry trends and financial developments such as mortgage products and tax regulations, all essential elements to property investment.
Obelisk firmly believes that only after comprehensive research should an investment decision be made. All in-house research is available free of charge to the general public in the form of Obelisk's Absolute Guide Series, whose guides cover over 25 overseas property investment destinations. This exhaustive research fulfills the proven knowledge of the marketplace criteria set by Business Britain.
Criteria for the International Property Specialist of the Year award also placed high value on ROI offered to clients. Obelisk investment projects always present exceptional investment potential and both high capital gains and high rental yields are essential parts of investment in overseas property with Obelisk. Examples of ROI in the latest additions to the Obelisk portfolio are 242% in 5 years (Fontana Residence, Cluj-Napoca, Romania), 177% over 5 years (Capital 68, Sofia, Bulgaria) and 192% after 2 years rental (Central 22, Bratislava, Slovakia). These estimated ROIs offer evidence of why Obelisk has ticked this particular box in the Business Britain award criteria.
Client relations are essential to Obelisk and to this end, investors are allocated a Personal Investment Consultant and have access to a dedicated customer services department. In addition to these bespoke client services, Obelisk is part of the Obelisk Group whose companies provide additional services to the overseas property investor. These include interior design and furniture packs provided by Obelisk Interiors and independent financial advice offered by Obelisk Private Finance.
On behalf of their clients and employees, Obelisk are proud to be the recipients of the International Property Specialist of the Year 2008 award and will continue to strive to offer excellence and the highest quality in their overseas property investments.
Rental Market Booms in Brazil’s North East
The north east region of Brazil is not only seeing a remarkable boom in new housing, but it is also experiencing a large increase in the home rental market, according to an article printed in one of the region’s leading newspapers.
Locating the Property Hot Spots
Although many property markets are stagnating, there are some areas which still have great potential for investment.
No Sign of the Credit Crunch in São Paolo
This weekend the world’s leaders got together in Washington at the G20 summit in a global attempt to solve the so-called global credit crunch.
A New Way to Invest in Spanish Property
Spain is a well-established overseas destination to invest in property and a prime favourite with investors from the UK – the Foreign and Commonwealth Office estimates that around 1 million Britons own a property in Spain.
Bank of England’s Massive Rate Cut
It was generally agreed that it was only a matter of time before bank lending interest rates fell even further, but most financial analysts were caught off guard by the Bank of England’s massive cut in rates last week.
Romania’s Economy Continues to Grow
At a time when many European Union economies are moving towards recession, others, like Romania, are doing considerably better.
Macedonia Property Hitting Investors’ Radar
Rugged and strikingly beautiful, Macedonia has been slow to reach the radar of international property investors. However, there have been signals lately that this might be changing.
St Lucia: Cheaper than You Think
When many people think of the Caribbean, the word “expensive” often comes to mind. However, there are still some corners of the Caribbean that offer excellent value for the money and St. Lucia is one of them.
4 Times Olympic Gold Medallist, Chris Hoy, Teams Up With Obelisk To Launch Its Laguna Beach Project
Chris Hoy, Great Britain’s triple gold medal cyclist at the 2008 Beijing Olympic Games and in the 2004 Athens Games, will be joining the team of investors at award-winning Obelisk as they launch their latest project, Laguna Beach in Brazil
Malaysia Reviews Rules for Foreign Investment
In an attempt to protect the country’s lucrative property market, the government of Malaysia has agreed to review the rules governing foreign investment.

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