Be The First To Enjoy Mongolia With David Stanley Redfern Ltd

May 28, 2007 - PRLog -- Mongolia may seem like the unlikeliest of destinations for the property investor but the tiny nomadic nation is being tipped for success in the emerging markets by overseas investment specialist, David Stanley Redfern Ltd.

“Mongolia is already being heralded as the new Asian powerhouse,” said company director, David Redfern. “The huge depth of untapped natural resources has led some industry watchdogs to forecast economic growth for the next 70 years. The lucrative Chinese market has already begun to look towards Mongolia making it a very attractive prospect for canny property investors.”

With an influx of mining corporations, demand for high quality, western style rental accommodation is at an all-time high. At present there is only one luxury high rise building in construction in the capital city, Ulaanbaatar. Although it may be located off the tourist trail, capital growth is rising at approximately 13% per annum and rental yields are stable at around 18%.

The developer is currently constructing ninety-seven high quality western style apartments in the greenest and most prestigious area of Mongolia’s capital, Ulaanbaatar. The apartment complex offers one-four bedroom residences ranging from penthouse suites, stand alone apartments and serviced properties. Prices start at £60,000 when buying off plan and the development is due to complete in December 2007.

To view images, fly over the property with Google Maps and for full specifications, visit www.davidstanleyredfern.com

About David Stanley Redfern Ltd

David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. All properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.

Please direct all media queries, requests for press information and editorial details, to rebecca@davidstanleyredfern.com

Website: www.davidstanleyredfern.com