MALAYSIA
Malaysia is in south East Asia and is located between 2 and 7 degrees north of the equator. To the north is Thailand and to the south Singapore. Multiculturalism has not only made Malaysia a gastronomical paradise, it has also made Malaysia home to hundreds of colourful festivals. It's no wonder that we love celebrating and socialising. As a people, Malaysians are very laid back, warm and friendly. One of Malaysia's key attractions is its extreme contrasts. Towering skyscrapers look down upon wooden houses built on stilts, and five-star hotels sit several metres away from ancient reefs.
Who It Suits
This is a capital appreciation opportunity and a passive income one at the moment. Water homes for example attract higher occupancy than other accommodation. Investors looking for quality markets with good quality homes.
The Pros
Prices are excellent value even in a beautiful water home location like this. Year round sunshine giving you a rental market for 12 months. 60% mortgages available from the developer. Beachfront, oceanfront and private pool with each (hard to beat that). No capital gains tax locally Guaranteed rents on development plus own usage
The Cons
It is a long journey if you were hoping to combine investment with a holiday home. Interest Rates locally are fairly high at circa 8% but then rents are also.
If you have any enquiries regarding Malaysia or would like further information on developments in Malaysia or any other country, please contact us on 01-6275798 or catherine@makemerich.ie
THE FACT'S
LOCATION: MALAY PENINSULA - SOUTHEAST ASIA
AREA: 329,876 SQ KM'S
COASTLINE: 4675 KM'S - SOUTH CHINA SEA
CAPITAL: KUALA LUMPUR
CURRENCY: RINGGIT (RM)
TIME ZONE: GMT + 7
POPULATION: 26,572,000
GOVERNMENT: FEDERAL CONSTITUTIONAL MONARCHY
RELIGION: MAINLY MUSLIM
OFFICIAL LANGUAGE: MALAY
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