Author Archive
Monaco - Defying The Recession
The Monaco Grand Prix held at the end of the May shows Monaco in her full glory to the world for a Sunday afternoon, and this year was no exception as Lewis Hamilton won the race for the first time.
Monaco is known the world over not just for the best Grand Prix of the F1 […]
Holiday Home Owners In Spain Could Do Best In the Recession
When the economy is good and people are taking two or three holidays a year, letting out an overseas property and getting good occupancy levels isn’t that difficult.
And with low interest rates, the rentals will cover the mortgage and often leave enough for a profit, and at the end of the mortgage the property is […]
Exchange Rates Affect Holiday Plans
An exchange rate is simply the price of one country’s currency expressed in another country’s currency. The exchange rate is the rate at which currencies can be exchanged.
A good example is that of the dollar vs. the euro. In April 2008, one dollar could be exchanged for 0.63 euros. The dollar is currently weak in […]
Alarm Bells Ring For Spanish Property
Buying a property in Spain has been an aspiration for many Europeans in the last twenty years, with Germany and the UK providing most buyers.
But the Spanish real estate market has hit some turbulence recently, with the Costa del Sol dropping from the favourite area to buy to least popular in just two years, leaving […]
Tenerife’s Upmarket Real Estate
Seven large islands and a number of smaller islets comprise the Canary Islands. Tenerife is the largest of the Canary Islands. It is located off the coast of Africa and has fewer than a million permanent residents.
However, due to the surge in tourism in recent years, Tenerife is quickly becoming a good potential place to […]
Strong Real Estate Market in Lanzarote
Real estate investors world wide are looking at buying property on Lanzarote.
Why would so many people, under such financial turmoil, look at buying property on an island?
The answer is simple. Investment property - or even better, the return on investment they’re sure to see years in the future. Buying inexpensive property on one of […]
Malta Properties Snub 2008 European Downturn
Property prices on Mediterranean coastlines are still increasing in the first months of 2008 despite nervous markets elsewhere in Europe.
A recent agreement between France, Italy, Morocco and Malta is possibly helping the latest surge in real estate prices in the Mediterranean. The agreement to stop building properties within 100 meters of the coastline means no […]
More Frequent Flights Boost Majorca Property Market
The Balearic Islands of Majorca and Menorca are very popular award-winning holiday destinations. A mere hop, skip and a jump from France and Spain, Majorca is now even more easily accessible. The UK’s leading low cost airline based at London’s Luton Airport now offers less expensive, more frequent flights from nearly anywhere in Europe to […]
Ultimate New York And Monaco Real Estate In Demand
As homeowners on both sides of the Atlantic watch to see if their property’s value takes a dive, two prime areas of real estate where the super-rich choose to live have seen price increases, showing there is still money in the system, albeit for a niche market.
Real estate watchers will know that top end London […]
Dream Locations for Your Vacation Home
If you are looking for a second or vacation home, you may be surprised that prices for homes on Spain’s Canary Islands are looking good for investors in 2008.
The newest statistics show that prices on the islands of Tenerife and Gran Canaria have never been more appealing for those seeking a permanent home or just […]
