F.A.Q:

The Diamond Experience is here to help its members in any way possible and to ensure our members receive the best answers to any questions they may have. Below is a small list of the common questions asked by our members, please read through these at your leisure,

Q: Rental Guarantee

Guaranteed Rental income is paid by the Diamond Experience, only if an agreement has been included in their purchase contract


Q: Rentals

Rentals are arranged via an established management company, with income based on occupancy per night. The management fee usually ranges from between 25% to 30% of the rental income. Owners are also responsible for paying electricity and water supply bills. When the market demands it, TDE will set up and run a rental programme, all members will be notified when this is in place.


Q: How much does TDE charge for management services?

TDE do not charge any fee for management, we simply act on your behalf by introducing you and communicating with a reputable management company.


Q: When does the snagging take place?

TDE are able to carry out a snag list and by passing on the information of any faults to the developer and chasing them with your legal team are able to get it rectified on your behalf, however, we cannot guarantee a time scale.


Q: Is it possible to arrange pick-ups and drop-offs?

It is no problem to arrange pick-ups and drop-offs but we will need at least two weeks advance notice


Q: How can I be up-dated on the progress of the property?

All the members will be updated with photos and information on a regular basis on the TDE Members web page or by email.



ITALY

Q. Why should I choose to buy in Italy?

The Italian property market is still relatively unknown territory to investors and offers excellent investment opportunities. The industry is currently in its infancy but growing fast, with investors looking towards many previously undiscovered regions such as Calabria.


Q. How accessible is Italy?

Italy is served by a large selection of scheduled and low cost airlines such as Ryanair fly from most major UK and Irish cities. The direct flying time from London is approximately 2.5 hours.


Q. What is the political and economic climate in Italy?

Italy has a strong economy and as a member of the EU has close ties with the rest of Europe. It is also a member of the G8 countries and NATO. European integration is one of the main objectives of Italy’s political agenda.



MOROCCO

Q. Why should I choose Morocco?

Morocco is currently undergoing modernisation with many projects underway with extensive investment in infrastructure and tourism. The King of Morocco has implemented the ambitious ‘Vision 2010’ project designed to increase the number of tourist per annum to 10 million. Construction is currently underway, creating not only implementing the necessary infrastructure but also a number of a luxury beach and golf resorts.


Q. Is Morocco easily accessible?

Morocco has signed an ‘open skies’ agreement allowing direct budget airlines to fly into Morocco’s international airports. Rynair will be introducing 20 new routes to Morocco in this year alone. Other airlines serving Morocco are Easy Jet, Air France, Alitalia, British Airways, KLM, Lufthansa and Swiss Airlines. Direct flights from the UK take approximately 3 hours. If traveling from southern Spain it also possible to take advantage of the quick ferry crossing.


Q. What is the economic and political situation in Morocco?

King Mohammed VI is the head of Morocco’s constitutional monarchy and is a leading force in Parliament and policy making. Morocco is a moderate Arab state, eager to maintain and build closer links with Europe and the USA. It is also a member of the United Nations. The King’s progressive policies have resulted in stable economy enjoying steady growth.


Q. Do I need a visa to enter Morocco?

No visa is required. EU citizens are able to stay for up to 90 days, traveling on a full 10 year passport.



PORTUGAL

Q. Why should I choose to buy in Portugal?

Portugal is ideal for those looking for an established market, as it provides safe medium to long-term investment opportunities. Portugal provides healthy capital growth and strong year round rental returns, as it is a favourite destination for second homes, retirees, holidays and golfers. The temperate year round climate and the solid economic climate offer ideal investment conditions.


Q. What is the political and economic situation?

Portugal is a long standing member of the EU and NATO, offering a stable environment for investment. The tourist industry has undergone extensive development which now accounts for up to 5% of the Portuguese economy.


Q. How accessible is Portugal?

The major scheduled and low cost airlines including BA, Easy Jet, Flytap, First Choice and Monarch fly to Faro (serving the Algarve) from most European cities with a flying of just over 2.5 hours from London.



EGYPT

Q. Why should I choose Egypt?

Millions of visitors each year are attracted to Egypt’s rich history and culture. However, it is only recently that the region has caught the eye of property investors. The economy is stable and prices are low compared to more established property markets, offering fantastic capital gains and strong rental returns.


Q. What is the economic and political situation?

Egypt is a democratic republic with a stable economy, which is looking for closer ties towards Europe and the USA, which already supplies financial support enabling the country to move towards greater prosperity. It is an emerging property market with an established tourist industry and the government is eager to promote further foreign investments via political and economic reforms.


Q. Are there regular flights to Egypt?

There are a number of scheduled and low cost airlines serving Egypt from the UK, with new routes constantly being announced. British Airways, Egyptair, Excel, First Choice, Thomas Cook, Sudan Airways, GB Airways, Thomson Fly each fly direct to Egypt, with an average flying time of 5 hours from London.


Q. Do I need a Visa to enter Egypt?

Yes, EU passport holders need a visa to enter Egypt which can be obtained on arrival.



CAPE VERDE

Q. Why should I choose Cape Verde?

Cape Verde is now one of the top investment hotspots for overseas property. It offers a second chance for investors who missed out on the Caribbean to invest in property in an emerging market with huge capital gains and strong year round rental potential. The government is keen to encourage foreign investment by tax incentives and extensive government investment in the infrastructure.


Q. What's the economic and political situation?

Heavy investment in the tourism and infrastructure is good news for the Cape Verde economy, promoting a growing tourist industry, which is the main driving force behind the economic development and foreign property investment. Cape Verde is one of Africa’s most stable democratic governments, supported by the IMF and World Bank. The United Nations Development Programme reported that Cape Verde is a middle income country with the forth highest Human Development Index, only behind Seychelles, Mauritius and Tunisia.


Q. How accessible is Cape verde?

It is possible to travel from most European cities via Lisbon. However since 2006 there are several airlines flying direct from the UK and with a flying time of only 5.5hours, it is a much closer prospect than the Caribbean and the ‘open-skies’ policy will encourage further low cost airlines to follow suite.


Q. Is a Visa required to enter Cape Verde?

Yes, EU passport holders do need visa in order to enter Cape Verde. You an apply for a single or multiple entry visa which are both valid for 180 days from the issue date and is granted for a maximum 90 days stay in the country. Application forms are available from the Cape Verdean Embassy or you can apply on arrival at Sal international airport. The process is simple and you will need; a valid passport, 2 x photos, copy of reservation of return flight, copy of reservation for accommodation.



BULGARIA

Q. Why should I choose Bulgaria?

Situated in south Eastern Europe, Bulgaria is easily accessed via most European airports. Bulgaria, a member of the EU since January 2007, is blessed with a warm climate, a rich historical and cultural heritage and stunning scenery ranging from ski resorts amidst snow capped mountains to glorious sandy beaches. There potential for capital growth is high and the booming buy to let market is proving to be a lucrative investment.


Q. What is the political and economic situation?

Bulgaria is virtually unrecognisable as the same country it was under its dark communist days. It has seen incredible advancements in its economy, politics and infrastructures, which were necessary in order to become a member of the EU in January 2007. Early investors will reap the benefits, as the recent EU membership is set to cause huge price rises.


Q. How long is the season in the Black Sea coast?

The season lasts from May to September


Q: How long is the Ski Season in Bansko?

In Bansko the lifts are open in the winter season from December to April.


Q. How long is the journey from Sofia to Bansko?

The infrastructure already in place in this region includes a new road covering this route. The journey can take between 1.5 hours and 2 hours. Travel time from Sofia to Bansko, can take up three hours depending on the weather.


Q. Is Bulgaria easily accessible?

Many low cost airlines operate routes to the Black Sea Coast airports of Bourgas and Varna, and British Airways has now introduced a regular route to Varna. The central region ski resorts of Bansko and Pamparovo are served by Sofia and Ploudiv airports.


Q. What is the direct time flying from the Uk direct to Bulgaria?

Flying from the UK direct to Bulgaria takes approximately 2.5 to 3 hours.


Q. Do I need a Visa to enter Bulgaria?

No, EU members do not need a visa to enter Bulgaria.

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News Item 1:

Bulgaria - Sofia in Bulgaria has been named as one of the most attractive capital cities of Europe in terms of property investment, it has been advised.

 

News Item 2:

Cape Verde - Salinas Sand, a fantastic frontline beach investment oppotunity.

 

News Item 3:

Bulgaria - Bulgaria's accession to the European Union has ensured that the country's property market is far more secure for investors, one expert has claimed. Justin Figgins, head of RightmoveOverseas, claimed that demand for property is expected to increase as the country experiences high levels of foreign investment following its membership to the union.

 

News Item 4:

Bulgaria - Bulgaria's accession to the European Union has ensured that the country's property market is far more secure for investors, one expert has claimed. Justin Figgins, head of RightmoveOverseas, claimed that demand for property is expected to increase as the country experiences high levels of foreign investment following its membership to the union.

 

News Item 5:

Bulgaria - Bansko to build new gondola lift and expand the skiin g area.

 

News Item 6:

Bulgaria - Bulgaria's accession to the European Union has ensured that the country's property market is far more secure for investors, one expert has claimed. Justin Figgins, head of RightmoveOverseas, claimed that demand for property is expected to increase as the country experiences high levels of foreign investment following its membership to the union.

 

News Item 7:

Bulgaria - Bansko to build new gondola lift and expand the skiin g area.

 

News Item 8:

Bulgaria - The Bulgarian mortgage market is becoming increasingly active with interest from European investors, research has found. Published by the Sofia Echo, a survey by MKB Unionbank claimed to reveal growing interest ithe Bulgarian real estate market from UK citizens, in addition to rising demand from European countries such as Germany and Spain.

 

News Item 9:

Bulgaria - The Bulgarian mortgage market is becoming increasingly active with interest from European investors, research has found. Published by the Sofia Echo, a survey by MKB Unionbank claimed to reveal growing interest ithe Bulgarian real estate market from UK citizens, in addition to rising demand from European countries such as Germany and Spain.

 

News Item 10:

Bulgaria - The Bulgarian mortgage market is becoming increasingly active with interest from European investors, research has found. Published by the Sofia Echo, a survey by MKB Unionbank claimed to reveal growing interest ithe Bulgarian real estate market from UK citizens, in addition to rising demand from European countries such as Germany and Spain.

 

News Item 11:

Morroco - With an increasing number of tourists visiting Morocco's holiday destinations, one expert has suggested that the country could become the "new Spain". Rob Shaw, marketing and operations manager at Morocco Properties, said that Morocco has "matured" in recent years and now property investors are likely to find a great deal of potential in the country's market.

 

News Item 12:

Bulgaria - The Bulgarian mortgage market is becoming increasingly active with interest from European investors, research has found. Published by the Sofia Echo, a survey by MKB Unionbank claimed to reveal growing interest ithe Bulgarian real estate market from UK citizens, in addition to rising demand from European countries such as Germany and Spain.

 

News Item 13:

Bulgaria - The Bulgarian mortgage market is becoming increasingly active with interest from European investors, research has found. Published by the Sofia Echo, a survey by MKB Unionbank claimed to reveal growing interest ithe Bulgarian real estate market from UK citizens, in addition to rising demand from European countries such as Germany and Spain.

 

News Item 14:

Bulgaria - Sofia in Bulgaria has been named as one of the most attractive capital cities of Europe in terms of property investment, it has been advised.