The Resort Group

The Resort Group Enhanced Security Fund PCC PLC.

The principles of international property development

An international property development is simply a packaged business transaction where land is acquired, developed and sold. In the case of residential developments it normally takes the form of villas, apartments, hotels and leisure facilities. A local community is often set up to take responsibility for continuing management and maintenance, in which the developer takes no ongoing interest.

Developments can be located anywhere. They will be based on full topographical studies, investment appraisals and marketing analysis. The developer is responsible for all of this, together with ongoing management of the construction and sale of the properties and infrastructure.

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" Until 2000, UK buyers bought well over 80 per cent of their foreign properties in just five countries (Spain, Portugal, France,Italy and the US) but these nations now represent just 62% - with more far-flung destinations favoured "
Source: The Independent
IPD Annual Total Returns to Dec 06