The European real estate industry is performing well.
In the UK and in particularly London, one of the most expensive property market, the prices hit record high(since Brexit the growth is noticeably slowing down but still went up by +3.5% last April).
In the South and especially in Portugal, the total amount of investments could overtake 3000 million euros by the end of 2017 according to CBRE report. In 2016, the home sales jumped by 30% and the house prices rose by 15% in Lisboa. In Berlin, after an increase of 55% of the house prices since 2012, the real estate market has now slowed down and is stable, which is a sign of reassurance for foreign investors.
In France, the total amount of property transactions has reached almost 900.000 according to Se Loger. The price per square meter in Paris is on average 9004€.
Europe remains a very dynamic market; therefore, we can only be tempted to invest from any part of the world as an expat.
It is in that context that Jean-Baptiste Bellier from Socrate decided to position himself and accompany expats willing to invest on the property market in Europe. He chose to bring his expertise in French real estate development to international investors.
His company Socrate provides turnkey and tailored solutions for Hong Kong based investors who want to invest in the European real estate.
Socrate helps its clients to find very specific assets in Europe owing to its network and provides a full range of services concerning administrative and technical issues.
It includes :
- Project definition (location, type of asset, budget, funding plan, type of investment)
- Market study
- Asset sourcing and inspections (presentation of the asset, analysis of documents of the co-ownership association, adivce on potential improvements, recommendation on the bid to make)
- Project structuring (Funding Plan, Creation of investment funds)
- Administrative and financial set up (Deed, Administrative procedures…)
- Follow-up of fit-out works and furnishings (weekly report of fit-out work, advice on furnishings, administrative support)
Thanks to partners (notaries, banks, real estate developers, estate agencies, project managers, family officers…) based in France, Spain, Belgium and in Hong Kong, the company can thoroughly advise its clients on their real estate investment projects.
There are several reasons why you could want to consult Socrate on your projects :
- To build your property portfolio durably
- To diversify your portfolio with assets from Europe
- To invest in high yield assets on an established market
- To secure a complementary income for the long term
- To benefit from an access to European properties which are often « off market »
If you need more infos you can go on the website : Socrate
Contact information :
Jean-Baptiste Bellier
HK: +852 5595 6228
FR: +33 6 1844 5666
jbbellier@socratehk.com
