Malaysia Beach Properties Real Estate
Beach properties anywhere in the world are hot and no, it is not because of the weather. When it comes to Malaysia, the beach properties become a little too hotter. It is the best chance especially for foreign investors to reap five star luxuries at two star prices. Though a rapidly growing real estate market of South East Asia beach resorts in Malaysia are still low cost option, not to forget that the beaches of Malaysia are some of the best in the world. Add to this the impeccable service available on most Malaysian beaches, the friendly locals, the high standard of living which is on par with that of any European city, it is little doubt that Malaysian beach resorts have gained the repute of favoured tourist destination.
For years now Thailand and Malaysia have been popular tourist destinations but it is only recently that Malaysia is being taken seriously as real estate hotspot as it is safe from the "ring of fire" that leads to natural disasters like volcanic eruptions, earthquakes and tsunamis. Malaysian beach properties not only hold lesser risk but with the government actively encouraging investments from foreign quarters these are providing greater rewards. The government has introduced new property laws that are buyer friendly, providing tax incentives for better foreign investments and also fast tracking approvals of licenses so that the government and international developers can mutually benefit from the booming real estate market.
Author/Copyright: Ahmed Dawn
With numerous beaches Malaysia offers plenty of opportunities to invest in real estate. The West coast has luxury island retreats, the east coast happens to be the ultimate diving destination, Sarawak and Sabah states in Bornea has an eco-friendly appeal, Sepang not only has the F1 grand prix circuit attraction but coined as the "Gold Coast" it is the weekend getaway resort for many people, Port Dickson is a holiday home to many Singaporeans and with its high profile projects is also a favourite with other international developers.
But what is it that makes beach properties in Malaysia a better deal than elsewhere or as compared to past? The government recently abolished the capital gains tax on property purchase in Malaysia thus the investor can save in a major by investing in real estate in Malaysia. Over 15 years foreigners investing in Malaysian properties can get 70% mortgages. Foreign buyers will not have any restrictions on renewing leases after 99 years. Foreigners owning property in Malaysia will automatically get residency permit. So what more could one be asking for.
Currently Malaysia is offering the best investment opportunity as far as global property market is concerned. There are many factors that are encouraging this rapid development. These are rental yields, capital growth rate, government policies that are investment friendly, spurt in investments by corporate companies. This combined with increase in tourism and creation of newer better equipped luxury resorts all are heating up the property investment market of Malaysia. Intelligent investors will surely not want to be left behind as low cost opportunities especially in real estate industry don’t really last for too long