There has never been such a wide and varied supply of overseas property available to the UK market until now. 2004 saw the dramatic entrance of Dubai and its’ tax free investment opportunities, and more recently the ‘new market’ economies of the Baltic states and Slovakia.
Choice is one of the fantastic benefits that globalisation has been able to offer us. However, with this diverse supply and such a fast changing market long term investments have been extremely difficult to identify. Differentiating between these markets is not always easy, not least because of the breadth of choice, but also because of the rapidly changing dynamics of a particular region or country.
Residential property has been experiencing a synchronised boom around most of the world over the past decade. It has surpassed all previous records in terms of price growth. Substantial returns have been made from house purchase and housing generally is favourably treated tax-wise. Falling interest rates and financial innovation have made housing more affordable.
Inevitably, experience in specific countries differ with regional and local variations. Economically booming cities and regions and attractive coastal areas have generally seen the biggest house price growth. Identifying these key areas and more importantly developing products that are financially creative to maximise return, is what makes an investment a long term success.
Churchgate do not offer investment opportunities worldwide, but source key areas that offer a true and exclusive market, not yet available to the mass markets.
Seven years ago Churchgate identified Southern Cyprus as an emerging market, a rich environment for long term investment. Working with three of the largest banks on the island, a unique investment product was launched. Developments such as Pyla I and Majestic Gardens in the region of Larnaka, have proven extremely successful, with clients seeing a 15% – 20% return on investment on legal completion.
As the Cypriot market has matured, a new emerging market has been necessary to source. Kefalonia a somewhat unknown island lying off the western shores of mainland Greece, is a prime investment opportunity that fits the Churchgate profile.
A true market. A unique market. A market offering a steady growth bettering most worldwide.

