Manhattan, New York real estate, one of the world's best investments. Buying the right condo, renting out to tenants and eventually selling. By Weimin Tan, top Manhattan agent with media interviews by CNBC, CNN, New York Times, WSJ. Ex-Citibanker, originally from Malaysia, Manhattan resident since 1999, fitness enthusiast. tan@castle-avenue.com
Friday, August 14, 2015
Why Buy Manhattan Property As Investment
Successful entrepreneurs and professionals from around the world have been investing in Manhattan apartments for a long time.
We are very familiar with the reasons clients invest in Manhattan, New York because this segment is our focus. The basic drivers are as follows:
Capital Preservation
New York property is regarded as a safe investment against inflation, economic uncertainty, political instability and even theft in their home country. High net worth investors work very hard to accumulate wealth and they work hard at preserving it as well.
Labels:
investment,
New York,
Property,
Wei Min Tan,
why buy Manhattan
Location:
New York, NY, USA
Tuesday, August 4, 2015
Tips On Buying International Real Estate
JULY
31, 2015
A strong U.S. dollar isn’t just making vacations overseasmore affordable; a brawny
buck puts foreign real estate on sale, too.
Jason Kumpf, real estate expert at USForex,
says their clients are “absolutely” using dollar strength to justify buying
international real estate, particularly in continental Europe and the U.K. Even
Canada is attracting more Americans now that the loonie is at about a 20%
discount to its U.S. counterpart, says Kumpf.
Wei Min Tan, a residential condominium
specialist at Rutenberg Realty’s Castle Avenue, says select buyers will always
want to invest in a top-tier city like London, but a wave of buyers is also
favoring countries with lower costs of living, including Malaysia, Thailand,
and Costa Rica.
“They may see it as a place to retire in the
future. Here [retirement] can cost so much, there it’s a fraction,” Tan says.
Labels:
international,
Property,
real estate,
the ticker tape,
Wei Min Tan
Location:
New York, NY, USA
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