TIPS FOR FINDING A LUXURY INVESTMENT PROPERTY IN DUBAI
With the landscape uncertain in the UK , many high-net-worth individuals are inquisitive about the possibilities of investing overseas . Whether it ’ s a second home or a buy-to-let , holding property in your investment portfolio is one of the best ways to build financial security .
Predictable cash flows , tax savings , profile It ’ s no surprise then that it ’ s one of the top diversification and arguably the most luxury property destinations in the world . important , excellent returns ; these are only
a few of the benefits of property investing . Ben Stafford , a British national , co-founder and chief executive of INICIO Real Estate
There are places that those with a taste for has seen Dubai as his home for many years . the finer things in life will gravitate towards , Recent global events have given rise to and with the property market in mind , an influx of buyers from the UK , situating Dubai has become an enticing option for themselves at the top end of the market . So millionaire property buyers . Already home much so , that INICIO was created to meet to more than 67,000 millionaires , it presents the growing demand . a huge choice of uber luxurious homes and apartments boasting spectacular views of Ben has the following advice for anyone the city and beyond . Dubai offers low tax starting their search for a luxury investment rates for investors , including zero inheritance property in Dubai . tax and zero tax on rental and resell income ( personal circumstances taken into account ).
REASONS TO BUY IN DUBAI
The three cornerstones of finding a luxury investment property in Dubai are really the same as anywhere else in the world . It comes down to reputation ( that of both your real estate agent and the property developer ), location and brand .
Dubai is one of the best places to purchase a luxury investment , not only because of the exquisite finish and attention to detail you ’ ll always find here but , the price per square foot of quality property in Dubai is relatively low compared to other destinations . Investors will know this means there is excellent scope for long term asset appreciation . To give some context : Monaco , Singapore , San Francisco , London and Paris , all exceed Dubai with a higher price per square foot .
THE ART OF LUXURY Issue 58 2023