Rimontgó informs about the benefits of investing in Real Estate in the United States

In the conference for investors organized by the company in Madrid.

The decrease of property prices in the US and the strength of the Euro allow investors to find attractive products on the market

Valencia (09.07.08).- The juncture of international markets, the situation the US Real Estate market is going through in the last few years and the euro-dollar exchange rate make now more interesting than ever real estate investments in the US, informed Rimontgó’s Director, Mr. José Ribes Bas, in the conference organized by this Spanish Real Estate Company in Madrid this week.
The meeting, addressed to promote private and commercial property investments in the United States, was graced by the presence of two of the most prestigious experts in the US Real Estate Market, Mrs. Diane Ramirez, founder and President of Halstead Property, and Mrs. Michael Saunders, founder and President of Michael Saunders and Company.

José Ribes Bas emphasized the opportunity for both enterprises and private investors of entering now the US property market and acquiring high quality properties for less due to the drop of the luxury estate prices. Ribes Bas also pointed out signs of recovery in the US housing market with a sales record registered this year and the freezing of prices since 2005. “Because of this – Ribes stressed- this is the most suitable moment to invest in the US.”

“In moments like this is when the best informed international players take advantage of the situation. Those who take the first step will be in the pole position when the other ones react. When the global economy takes off and the US Real Estate investing market grows, Euro investments will turn into excellent US Dollar disinvestments”, José Ribes explained.

Diane Ramirez and Michael Saunders presented to the exclusive audience the advantages and benefits which the US real estate market offers right now. Xavier Ruiz, Director of Garrigues in New York, an important tax and legal services provider, explained the tax and legal key factors of Real Estate investments in the US.

Dennis Dahm, Director of Michael Saunders’ commercial division, presented also a new and really interesting product for private investors and enterprises: the most profitable investment portfolio in the US with a global value of $800 million. The portfolio is divided into 130 units with an average cost per unit of $6 million.

Leader in Luxury Real Estate

Rimontgó is a family-run Real- Estate company founded in 1959 which has become one of the longest-established agencies of its kind. Rimontgó is member of the most important luxury Real Estate networks such as Luxury Portfolio, Leading Real Estate Companies of the World and Luxury Real Estate. Rimontgó has also been selected by Christie’s Great Estates to be their exclusive affiliate in Valencia. The enterprise was recently honoured with Most Influential Global Luxury Real Estate Leader award.

Rimontgó offers private investors and enterprises the possibility of buying the most exclusive properties in Spain, the rest of Europe and also in the United States. Its Real Estate luxury Portfolio includes 1000 properties in Manhattan, 700 in New York, 600 in Florida and 700 in Europe. All the information is available on Rimontgó website, which is updated twice a day. Rimontgó provides also offers services for commercial investments. Clients take advantage from full tax and legal assessment.

See United States properties and real estate for sale by Rimontgó.

New post on at Friday, 11 July, 2008, 9:57 am and is archived in International News, Luxury, News about Spain, Places of Interest. Subscribe to answers with RSS 2.0 feed. You can post a comment, or make a trackback from your web.