by John Everitt
Ireland is an island with almost 2,000 miles of coastline in Western Europe.
Ireland is divided into two parts: the independent Republic of Ireland and Northern Ireland, a territory of the United Kingdom.
The Irish are renowned for their warm welcome. This, together with the natural beauty and history of the island, make Ireland an unforgettable place to visit.
Population 4 million
Area - 70,300km²
Climate - Ireland is known as the Emerald Isle because of its lush countryside. It has a temperate climate and is cold and damp much of the year. Summer (May to September) is the warmest and driest season and is the best time to visit, though attractions can get crowded in July and August.
Getting There - Travelling to Ireland couldn't be easier with a wide range of ferry and airline connections. Ireland is served by 4 major airports and 3 ports of arrival for those wishing to travel by sea (ideal for visitors wishing to use their own car.
Living There - Citizens of the EU do not need a work permit to get a job in Ireland. Non EU citizens will need to enquire about work permit requirements for Ireland. Employment rates are high, earnings are above the EU average and the Irish economy continues to grow.
Property Market - Ireland has recently experienced a growth in the number of investors buying holiday homes in some of the country's most scenic areas.
Most British buyers are investing in a property to use as a holiday home.
Ireland has become a very desirable place to live, which means that property prices are quite high.
However, although property in Ireland is not cheap, it is still possible to find good value properties which could provide a reliable rental return.
One of the problems is the shortage of properties on the market in the most scenic locations.
All of Ireland is beautiful - but some of Ireland is under populated and less fashionable. These are the areas where real estate prices are still on the low side, where bargains are still possible and remain a valuable investment.
Popular Areas - Property prices in many of the tourist hotspots rose last year between 8-9%. Dublin and Cork in particular are still very popular with overseas buyers.
For those who want to invest in a holiday home to let when not in use, the letting potential of properties located in areas such as West Cork, Kerry, Connemara or quaint port towns such as Killibegs, is good.
A four bed roomed house with good sea views could expect to take in 1000euros per week in the summer season.
These guidelines are meant for guidance only and describe a straightforward purchase scenarios. However this information is not meant to replace proper legal advice, which we always insist you take.
About the Author
John Everitt is a consultant to Globespan European property portal. Please visit our estate agents directory and this Ireland property buyer's guide
Wednesday, August 22, 2007
Thursday, August 16, 2007
Cyprus - The Perfect Holiday Isle
by John Philips
Combining a wondrous blend of romance and ancient history, Cyprus is an island of varying inheritance, entertainment, and cosmopolitan cities in addition to a contemporary infrastructure. With a supreme climate, varying seasons, fresh air, welcoming people, and a sensitivity of custom in addition to history, it is a safe and breathtaking island.
The community are welcoming; they drive on the left and because of the island's protracted association with the British and considering that Cyprus is within the EU, mean that English is observed in all places. Brits may live, find employment and own property in Cyprus freely within the southern part. It has transformed into one of the incomparably fashionable destinations within the med.
A significant number of major commercial airlines link up Cyprus to the world through the international airports of Paphos and Larnaca. Larnaca Airport is busiest during May to November and has one terminal, while Paphos International Airport which serves the close by resorts of Limassol and Coral Bay, is positioned in the west of the island.
Due to the particular location of the island in the med the two Airports are always very busy. Suitably outfitted and organised both airports can contend with the tourist travel, especially when handling a really huge amount of daily and hourly flights throughout the summer.
Notwithstanding the brief autumn and spring seasons and gentle winters the prolonged summers are hot and dry with close to 300 days of sunshine a year ensuring the island basks in an enjoyable and healthy Mediterranean climate. Shifting seasons enhance the picturesque vistas and, with fresh air, welcoming people who have a perception of community and antiquity, plentiful, all year round sunshine and minor rainfall, Cyprus is a safe and friendly island.
From mid-May to mid-September the sun shines on a daily normal of around 11 hours and the coastal areas enjoy a balance to the hot, dry Mediterranean clime. Open coastal areas plus areas at high elevation can sometimes be beset by strong winds, but gales are, however, rare over Cyprus.
The island has many attractions, but, along with its colourful history, it is well known for the classical archaeological sites and countless churches, monasteries and mosques. All tastes are catered for with outstanding amusements, shopping, and water sports as well the many historic and mythological sites. The unspoilt country and numerous historic sites make a visit worthwhile. Experiencing these historic sites help visitors and tourists to gain a sense for the real Cyprus and the history that gives it its unique charm.
Ever since the European Community granted Cyprus full membership in May 2004, the island has rapidly achieved a status as popular choice of island to live on. Incidents of crime are very low and statically it is one of the securest, law abiding countries in Europe. Attributable to the mild and safe clime, Cyprus is not merely the ideal holiday site but also a commendable refuge to live. Cyprus is decidedly becoming the region to purchase real estate for vacations, retirement or investment with its temperate Mediterranean climate and high comfortable living standards.
About the Author
Find out more {a href="http://http://www.cyprus-travel-guide.com/all_inclusive_hotels_in_cyprus_article.html"}about Cyprus by visiting Cyprus-Travel-Guide.com where you will find related advice, tips and advice about this holiday paradise
Combining a wondrous blend of romance and ancient history, Cyprus is an island of varying inheritance, entertainment, and cosmopolitan cities in addition to a contemporary infrastructure. With a supreme climate, varying seasons, fresh air, welcoming people, and a sensitivity of custom in addition to history, it is a safe and breathtaking island.
The community are welcoming; they drive on the left and because of the island's protracted association with the British and considering that Cyprus is within the EU, mean that English is observed in all places. Brits may live, find employment and own property in Cyprus freely within the southern part. It has transformed into one of the incomparably fashionable destinations within the med.
A significant number of major commercial airlines link up Cyprus to the world through the international airports of Paphos and Larnaca. Larnaca Airport is busiest during May to November and has one terminal, while Paphos International Airport which serves the close by resorts of Limassol and Coral Bay, is positioned in the west of the island.
Due to the particular location of the island in the med the two Airports are always very busy. Suitably outfitted and organised both airports can contend with the tourist travel, especially when handling a really huge amount of daily and hourly flights throughout the summer.
Notwithstanding the brief autumn and spring seasons and gentle winters the prolonged summers are hot and dry with close to 300 days of sunshine a year ensuring the island basks in an enjoyable and healthy Mediterranean climate. Shifting seasons enhance the picturesque vistas and, with fresh air, welcoming people who have a perception of community and antiquity, plentiful, all year round sunshine and minor rainfall, Cyprus is a safe and friendly island.
From mid-May to mid-September the sun shines on a daily normal of around 11 hours and the coastal areas enjoy a balance to the hot, dry Mediterranean clime. Open coastal areas plus areas at high elevation can sometimes be beset by strong winds, but gales are, however, rare over Cyprus.
The island has many attractions, but, along with its colourful history, it is well known for the classical archaeological sites and countless churches, monasteries and mosques. All tastes are catered for with outstanding amusements, shopping, and water sports as well the many historic and mythological sites. The unspoilt country and numerous historic sites make a visit worthwhile. Experiencing these historic sites help visitors and tourists to gain a sense for the real Cyprus and the history that gives it its unique charm.
Ever since the European Community granted Cyprus full membership in May 2004, the island has rapidly achieved a status as popular choice of island to live on. Incidents of crime are very low and statically it is one of the securest, law abiding countries in Europe. Attributable to the mild and safe clime, Cyprus is not merely the ideal holiday site but also a commendable refuge to live. Cyprus is decidedly becoming the region to purchase real estate for vacations, retirement or investment with its temperate Mediterranean climate and high comfortable living standards.
About the Author
Find out more {a href="http://http://www.cyprus-travel-guide.com/all_inclusive_hotels_in_cyprus_article.html"}about Cyprus by visiting Cyprus-Travel-Guide.com where you will find related advice, tips and advice about this holiday paradise
Wednesday, August 8, 2007
A Second Home In Torrevieja Spain
By: Johnathan Bakers
Many people visit Torrevieja in the Alicante Region of Spain every year. Some of those people fall so in love with the destination they want to make it a permanent part of their life, and buy a property in the area. If you are considering the purchase of a Torrevieja property, the first thing to do is some on-foot research. Tour through the area and look at the various properties that are available for purchase and what benefits they offer.
Finding Torrevieja Property
Before you decide to buy a property you should make sure that you would really want to be in the area quite often. That means not just traveling in the best seasons of the year, but also visit the area in the off times. See if you still love it as much as you did in the better times of the year.
When you are planning those varied visits, don’t stay in a hotel. Instead rent an apartment and get a feeling for what it is really like to live in the city among the other residents. If you know of a few areas you are considering purchasing the property you should make a list and each time rent an apartment in one of those areas. You will get to see the various neighborhoods and possibly find some you like, and some you know you would not want to live in. Make notes of your findings. Talk to residents who are already in the area. They know what it is like to be there day after day.
Considerations Before Purchasing a Torrevieja Property
This is not something to jump into. A property purchase is a large decision that should not be taken on lightly. It may take months or even years to do all the research necessary to know exactly what you want. It’s worth it. It’s better to do too much research and have just what you want at the end, instead of purchasing a property and then realizing it is not everything you had hoped for.
While often when people consider a property purchase they think about what they want right then, you also need to look ahead. A property purchase is a long-term decision. Think about what you will need in the future. Make sure you are comfortable with the location’s proximity to shops, restaurants, and any other amenities that are important to you.
What shape is the property in? This is another major consideration when purchasing a property. Some are like new; others are going to need a lot of work before they will be a home you would be proud of. While you may be able to get a great deal on a home that needs a lot of tender loving care, are you really willing to do the work? If you would hire someone to do it, how much would that cost? The deal may not be as good in the end when these things are taken into consideration.
Focusing on latest news in Spain, Johnathan Bakers published largely for www.alicante-spain.com . His comments on Torrevieja property are published on his website .
Many people visit Torrevieja in the Alicante Region of Spain every year. Some of those people fall so in love with the destination they want to make it a permanent part of their life, and buy a property in the area. If you are considering the purchase of a Torrevieja property, the first thing to do is some on-foot research. Tour through the area and look at the various properties that are available for purchase and what benefits they offer.
Finding Torrevieja Property
Before you decide to buy a property you should make sure that you would really want to be in the area quite often. That means not just traveling in the best seasons of the year, but also visit the area in the off times. See if you still love it as much as you did in the better times of the year.
When you are planning those varied visits, don’t stay in a hotel. Instead rent an apartment and get a feeling for what it is really like to live in the city among the other residents. If you know of a few areas you are considering purchasing the property you should make a list and each time rent an apartment in one of those areas. You will get to see the various neighborhoods and possibly find some you like, and some you know you would not want to live in. Make notes of your findings. Talk to residents who are already in the area. They know what it is like to be there day after day.
Considerations Before Purchasing a Torrevieja Property
This is not something to jump into. A property purchase is a large decision that should not be taken on lightly. It may take months or even years to do all the research necessary to know exactly what you want. It’s worth it. It’s better to do too much research and have just what you want at the end, instead of purchasing a property and then realizing it is not everything you had hoped for.
While often when people consider a property purchase they think about what they want right then, you also need to look ahead. A property purchase is a long-term decision. Think about what you will need in the future. Make sure you are comfortable with the location’s proximity to shops, restaurants, and any other amenities that are important to you.
What shape is the property in? This is another major consideration when purchasing a property. Some are like new; others are going to need a lot of work before they will be a home you would be proud of. While you may be able to get a great deal on a home that needs a lot of tender loving care, are you really willing to do the work? If you would hire someone to do it, how much would that cost? The deal may not be as good in the end when these things are taken into consideration.
Focusing on latest news in Spain, Johnathan Bakers published largely for www.alicante-spain.com . His comments on Torrevieja property are published on his website .
Monday, August 6, 2007
Monte Carlo Tops Euro Real Estate Prices
by Henri Boulanger
Top end London property prices have risen again, and have overtaken Monte Carlo's property prices, according to recent reports.
While the future of London property prices remain good, there are some doubts if the increases can be sustained, and Monte Carlo remains the most expensive real estate for property that is priced in Euros.
Interest rates in the UK have been rising recently, and there is a danger of UK property prices generally falling, which could have an impact on the top end London market.
But Monte Carlo property prices are almost certain to rise in the short and medium term according to a Monte Carlo travel guide, and possibly to the level where the cost per square foot will exceed that of London.
'Three years ago there were around six hundred properties to rent or buy in Monte Carlo - that has declined since then to two hundred - but demand is as high as ever, pushing prices up more.', explain the travel guide.
With property prices in Monte Carlo the second highest in Europe and highest of all the countries that price their properties in Euros with one bedroom apartments after closing costs starting at around a million Euros, longer term the shortage of property in Monaco will be helped a new island being built off Monte Carlo, which will include new Monte Carlo hotels.
It's thought unlikely that the new island will reduce prices much overall though, despite the increase in the number of property units available as Monte Carlo is always in demand.
Monte Carlo property specialists believe that most new apartments will be sold to investors off plan well in advance of any building work starting.
'The problem with property in Monte Carlo is not the lack of buyers', they say, 'but more the lack of good properties for buyers to choose from. Hopefully the new island will address that. Everyone in Monaco is aware of how important the environment is thanks to Prince Albert's initiatives in pushing it up the political agenda, and any new developments will be low rise. With the good weather in Monaco expect to see plenty of solar panels on the roofs to make the buildings energy efficient'.
It is possible that the new island will be incorporated into future Monaco Grand Prix, which could give more overtaking opportunities.
One Monte Carlo property company reports that new enquiries are running at a high rate, with many buyers keen to buy now in case prices go up more, either for residency, or more commonly than before for investment.
In recent years the UK market has accounted for much of Monte Carlo's property price rises, as the number of buyers has increased to 40 per cent of the total market, but in recent months buyers from other European countries and from further afield, Australia and Canada in particular have been noticeable as an increasing trend towards Monte Carlo.
About the Author
A guide for Monte Carlo and Monaco, icluding typical property prices and hotels bookable via Expedia can be found at YourMonaco.com
Information about property and apartments for sale in Monaco can be found at monacoproperty.net
Top end London property prices have risen again, and have overtaken Monte Carlo's property prices, according to recent reports.
While the future of London property prices remain good, there are some doubts if the increases can be sustained, and Monte Carlo remains the most expensive real estate for property that is priced in Euros.
Interest rates in the UK have been rising recently, and there is a danger of UK property prices generally falling, which could have an impact on the top end London market.
But Monte Carlo property prices are almost certain to rise in the short and medium term according to a Monte Carlo travel guide, and possibly to the level where the cost per square foot will exceed that of London.
'Three years ago there were around six hundred properties to rent or buy in Monte Carlo - that has declined since then to two hundred - but demand is as high as ever, pushing prices up more.', explain the travel guide.
With property prices in Monte Carlo the second highest in Europe and highest of all the countries that price their properties in Euros with one bedroom apartments after closing costs starting at around a million Euros, longer term the shortage of property in Monaco will be helped a new island being built off Monte Carlo, which will include new Monte Carlo hotels.
It's thought unlikely that the new island will reduce prices much overall though, despite the increase in the number of property units available as Monte Carlo is always in demand.
Monte Carlo property specialists believe that most new apartments will be sold to investors off plan well in advance of any building work starting.
'The problem with property in Monte Carlo is not the lack of buyers', they say, 'but more the lack of good properties for buyers to choose from. Hopefully the new island will address that. Everyone in Monaco is aware of how important the environment is thanks to Prince Albert's initiatives in pushing it up the political agenda, and any new developments will be low rise. With the good weather in Monaco expect to see plenty of solar panels on the roofs to make the buildings energy efficient'.
It is possible that the new island will be incorporated into future Monaco Grand Prix, which could give more overtaking opportunities.
One Monte Carlo property company reports that new enquiries are running at a high rate, with many buyers keen to buy now in case prices go up more, either for residency, or more commonly than before for investment.
In recent years the UK market has accounted for much of Monte Carlo's property price rises, as the number of buyers has increased to 40 per cent of the total market, but in recent months buyers from other European countries and from further afield, Australia and Canada in particular have been noticeable as an increasing trend towards Monte Carlo.
About the Author
A guide for Monte Carlo and Monaco, icluding typical property prices and hotels bookable via Expedia can be found at YourMonaco.com
Information about property and apartments for sale in Monaco can be found at monacoproperty.net
Friday, August 3, 2007
Reasons to Undertake Advanced Career TrainingBy
Roy Thomsitt
At first thought, undergoing advanced career training has one obvious, and maybe only, reason: to further your current career. Whether you are considering advanced real estate career training, medical career training, or advanced training for any other occupation, the likelihood is that furthering your current career is the motivation behind your move.
However, furthering your current career need not be the sole reason you may consider advanced career training. Furthermore, there may be good reasons for undertaking such training you have not even thought of. In fact, there are both positive (offensive) and negative (defensive) reasons for considering, and undertaking, advanced career training. All of these are discussed in this article.
Positive Reasons For Taking Advanced Career Training
When one thinks of advanced career training, then it is the positive reasons for such training that are mostly likely to come to mind, such as:
1. To increase chances of promotion by taking training courses that prepare you for the next level, such as office manager in a real estate business or extra medical training to become a surgeon.
2. To keep up to date with developments in your area of expertise, to enable you to do a better job and, for example, treat customer or patients better.
3. Specialist training in a part of your current career that will enable you to specialise in that particular aspect of your work.
4. Completing training courses successfully in your field can look good on your resume, if the training is relevant and in demand.
5. You may want to have a career change for which particular training is necessary in preparation.
Negative Reasons For Taking Advanced Career Training
One could argue that any career training is positive, and in a way that is true. Growth in knowledge and skills is always a positive development of self. However, in the context of long term career, training can have a defensive element which could be construed as a negative reason to undergo advanced training.
Here are some of the reasons advanced career training may help you defensively.
1. If you take the initiative to train in and acquire in demand or rare skills, then if there is any constriction in the employee numbers with your current employer, then you are less likely to face redundancy.
2. If ever you are made redundant, then your increased skill base, coming from your advanced training, should improve your chances of getting a job quickly.
3. The better and more up to date and in demand your skills and, knowledge and training, the better equipped you are to become freelance, start your own business and take more risks in taking a leap forward in your career.
It is wise to see advanced career training as an integral part of career development and continuing education. When you reach key points in your career, you will then always be better prepared for whatever may come along. Those who do not develop themselves over the years, are the most vulnerable to long term or even permanent unemployment.
This advanced career training article was written by Roy Thomsitt, owner and part author of the Routes To Self Improvement website.
NU U, an exciting devlopment in ezines. Our new Self improvement ezine in audio. Sign up now for regular audios on subjects such as meditation, self esteem, shyness and many more self improvement topics.
At first thought, undergoing advanced career training has one obvious, and maybe only, reason: to further your current career. Whether you are considering advanced real estate career training, medical career training, or advanced training for any other occupation, the likelihood is that furthering your current career is the motivation behind your move.
However, furthering your current career need not be the sole reason you may consider advanced career training. Furthermore, there may be good reasons for undertaking such training you have not even thought of. In fact, there are both positive (offensive) and negative (defensive) reasons for considering, and undertaking, advanced career training. All of these are discussed in this article.
Positive Reasons For Taking Advanced Career Training
When one thinks of advanced career training, then it is the positive reasons for such training that are mostly likely to come to mind, such as:
1. To increase chances of promotion by taking training courses that prepare you for the next level, such as office manager in a real estate business or extra medical training to become a surgeon.
2. To keep up to date with developments in your area of expertise, to enable you to do a better job and, for example, treat customer or patients better.
3. Specialist training in a part of your current career that will enable you to specialise in that particular aspect of your work.
4. Completing training courses successfully in your field can look good on your resume, if the training is relevant and in demand.
5. You may want to have a career change for which particular training is necessary in preparation.
Negative Reasons For Taking Advanced Career Training
One could argue that any career training is positive, and in a way that is true. Growth in knowledge and skills is always a positive development of self. However, in the context of long term career, training can have a defensive element which could be construed as a negative reason to undergo advanced training.
Here are some of the reasons advanced career training may help you defensively.
1. If you take the initiative to train in and acquire in demand or rare skills, then if there is any constriction in the employee numbers with your current employer, then you are less likely to face redundancy.
2. If ever you are made redundant, then your increased skill base, coming from your advanced training, should improve your chances of getting a job quickly.
3. The better and more up to date and in demand your skills and, knowledge and training, the better equipped you are to become freelance, start your own business and take more risks in taking a leap forward in your career.
It is wise to see advanced career training as an integral part of career development and continuing education. When you reach key points in your career, you will then always be better prepared for whatever may come along. Those who do not develop themselves over the years, are the most vulnerable to long term or even permanent unemployment.
This advanced career training article was written by Roy Thomsitt, owner and part author of the Routes To Self Improvement website.
NU U, an exciting devlopment in ezines. Our new Self improvement ezine in audio. Sign up now for regular audios on subjects such as meditation, self esteem, shyness and many more self improvement topics.
Tuesday, July 17, 2007
Monaco Studio Breaks The Million Euro Level
by Roger Munns
While much of Europe could be on the edge of a property price recession, Monaco it seems knows no limits for her prices.
Prices have risen consistently in recent years, to the point where it overtook London early in 2007 to become the most expensive location in the world for real estate, with London overtaking Monaco again recently.
The studio is just 43m2 in size with a 15m2 terrace, and located in Jardin Exotique, an area of Monaco that becomes behind better known Monte Carlo and Fontvieille in popularity for potential Monaco property buyers.
Monte Carlo has traditionally been the first area most people ask for as it is so well known, while Fontvieille, which has its own harbour and hosts the annual Monaco Yacht Show is popular among business people as the heliport is based there.
Jardin Exotique is the highest area in Monaco, and most apartments enjoy good Mediterranean views.
Monaco is due to invest heavily in Jardin Exotique's infrastructure in the near future, making property there attractive to investors looking for property appreciation. Overall, it is possible that Monaco property prices could overtake London again in the coming months.
Monaco property prices are almost certain to rise in the short and medium term according to a Monaco travel guide, and possibly to the level where the cost per square foot will exceed that of London.
'Three years ago there were around six hundred properties to rent or buy in Monaco - that has declined since then to two hundred - but demand is as high as ever, pushing prices up more.', explain the travel guide.
With property prices in Monaco the second highest in Europe and one bedroom apartments after closing costs starting at around a million Euros, longer term the shortage of property in Monaco will be helped a new island being built off Monte Carlo.
It's thought unlikely that the new island will reduce prices much overall though, despite the increase in the number of property units available as Monaco property is always in demand.
Monaco property specialists believe that most new apartments will be sold to investors off plan well in advance of any building work starting.
'The problem with property in Monaco is not the lack of buyers', they say, 'but more the lack of good properties for buyers to choose from. Hopefully the new island will address that. Everyone in Monaco is aware of how important the environment is thanks to Prince Albert's initiatives in pushing it up the political agenda, and any new developments will be low rise. With the good weather in Monaco expect to see plenty of solar panels on the roofs to make the buildings energy efficient'.
It is possible that the new island will be incorporated into future Monaco Grand Prix, which could give more overtaking opportunities.
One Monaco property company reports that new enquiries are running at a high rate, with many buyers keen to buy now in case prices go up more, either for residency, or more commonly than before for investment.
In recent years the UK market has accounted for much of Monaco's property price rises, as the number of buyers has increased to 40 per cent of the total market, but in recent months buyers from other European countries and from further afield, Australia and Canada in particular have been noticeable.
About the Author
Monte Carlo and Monaco Real Estate are available at MonacoProperty.net
More information about Monaco and Monte Carlo which borders France including how to learn French are at YourMonaco.com
While much of Europe could be on the edge of a property price recession, Monaco it seems knows no limits for her prices.
Prices have risen consistently in recent years, to the point where it overtook London early in 2007 to become the most expensive location in the world for real estate, with London overtaking Monaco again recently.
The studio is just 43m2 in size with a 15m2 terrace, and located in Jardin Exotique, an area of Monaco that becomes behind better known Monte Carlo and Fontvieille in popularity for potential Monaco property buyers.
Monte Carlo has traditionally been the first area most people ask for as it is so well known, while Fontvieille, which has its own harbour and hosts the annual Monaco Yacht Show is popular among business people as the heliport is based there.
Jardin Exotique is the highest area in Monaco, and most apartments enjoy good Mediterranean views.
Monaco is due to invest heavily in Jardin Exotique's infrastructure in the near future, making property there attractive to investors looking for property appreciation. Overall, it is possible that Monaco property prices could overtake London again in the coming months.
Monaco property prices are almost certain to rise in the short and medium term according to a Monaco travel guide, and possibly to the level where the cost per square foot will exceed that of London.
'Three years ago there were around six hundred properties to rent or buy in Monaco - that has declined since then to two hundred - but demand is as high as ever, pushing prices up more.', explain the travel guide.
With property prices in Monaco the second highest in Europe and one bedroom apartments after closing costs starting at around a million Euros, longer term the shortage of property in Monaco will be helped a new island being built off Monte Carlo.
It's thought unlikely that the new island will reduce prices much overall though, despite the increase in the number of property units available as Monaco property is always in demand.
Monaco property specialists believe that most new apartments will be sold to investors off plan well in advance of any building work starting.
'The problem with property in Monaco is not the lack of buyers', they say, 'but more the lack of good properties for buyers to choose from. Hopefully the new island will address that. Everyone in Monaco is aware of how important the environment is thanks to Prince Albert's initiatives in pushing it up the political agenda, and any new developments will be low rise. With the good weather in Monaco expect to see plenty of solar panels on the roofs to make the buildings energy efficient'.
It is possible that the new island will be incorporated into future Monaco Grand Prix, which could give more overtaking opportunities.
One Monaco property company reports that new enquiries are running at a high rate, with many buyers keen to buy now in case prices go up more, either for residency, or more commonly than before for investment.
In recent years the UK market has accounted for much of Monaco's property price rises, as the number of buyers has increased to 40 per cent of the total market, but in recent months buyers from other European countries and from further afield, Australia and Canada in particular have been noticeable.
About the Author
Monte Carlo and Monaco Real Estate are available at MonacoProperty.net
More information about Monaco and Monte Carlo which borders France including how to learn French are at YourMonaco.com
Friday, July 6, 2007
Andorra Real Estate 2007 Gets Tax Haven Boost
by Paul la Vella
More demand for residency in the European tax haven of Andorra has increased significantly in recent years, as rival tax haven Monaco has seen her property prices rise significantly.
And while property prices in Andorra have increased significantly as well, particularly in the last three years, it started from a much lower base than Monaco, and a property in Andorra still costs less than a quarter of that of Monaco.
The lowest price property in Andorra is currently a 38m2 studio apartment at 145,000 Euros, while in Monaco a 30m2 studio with a 7m2 balcony is on the market for 720,000 Euros.
Similarly, a three bedroom two bathroom 100m2 apartment in Andorra's prime ski village of Soldeu is being marketed at 395,000 Euros, while in Monaco 2,500,000 Euros is being asked for a slightly larger 108m2 two bedroom apartment in the Fontvieille district of the principality.
As well as lower cost property, Andorra has the added advantage over Monaco of lower closing costs - while Monaco is in double digits Andorra's is around six per cent.
One of the reasons for Monaco's soaring property prices has been the lack of new buildings and properties in recent years. Although some new building is currently taking place, the apartments will be for Monaco citizens rather than incoming residents, ensuring key workers can live as well as work in their home country.
A new island is planned to be built off Monte Carlo which will add housing stock for new residents, but this could be as much as ten year before it is ready.
The tax benefits of Andorra compare very well Monaco, with private banking, income and inheritance tax at zero, security and privacy achieved for high net worth individuals in both.
Buying a property in Andorra is often seen as a route to residency, which entitles people to live in Andorra and benefit from her tax haven status. Many potential buyers stay in one of the hotels in Andorra while on a property inspection trip.
To obtain residency in Andorra, applications need to be submitted in Catalan. A notarised copy of the applicants passport, birth certificate and a certificate of good conduct from the home country are submitted at the same time. According to local travel guide YourAndorra.com residency normally takes between three and six months to be approved.
Once residency is granted, residents are supposed to spend six months a year in Andorra, but this isn't policed.
One of the drawbacks for those looking to become a resident in a tax haven when considering Andorra has been that the country has no airport of its own, and is unlikely to have ine future given that it is located in the Pyrenees. The nearest airports are Barcelona and Toulouse.
Recent improvements in the road from Barcelona to Andorra though have cut the travelling time by some thirty minutes to two hours fifteen minutes from Barcelona airport to Andorra's capital, Andorra la Vella.
About the Author
More details about property for sale in Andorra can be found at YourAndorra.com
Andorra is a well known European ski area, and as well as property the guide has Crystal Ski holiday news, with reviews of the new blackjack ski run, a map of Andorra and the weather for the ski resorts.
More demand for residency in the European tax haven of Andorra has increased significantly in recent years, as rival tax haven Monaco has seen her property prices rise significantly.
And while property prices in Andorra have increased significantly as well, particularly in the last three years, it started from a much lower base than Monaco, and a property in Andorra still costs less than a quarter of that of Monaco.
The lowest price property in Andorra is currently a 38m2 studio apartment at 145,000 Euros, while in Monaco a 30m2 studio with a 7m2 balcony is on the market for 720,000 Euros.
Similarly, a three bedroom two bathroom 100m2 apartment in Andorra's prime ski village of Soldeu is being marketed at 395,000 Euros, while in Monaco 2,500,000 Euros is being asked for a slightly larger 108m2 two bedroom apartment in the Fontvieille district of the principality.
As well as lower cost property, Andorra has the added advantage over Monaco of lower closing costs - while Monaco is in double digits Andorra's is around six per cent.
One of the reasons for Monaco's soaring property prices has been the lack of new buildings and properties in recent years. Although some new building is currently taking place, the apartments will be for Monaco citizens rather than incoming residents, ensuring key workers can live as well as work in their home country.
A new island is planned to be built off Monte Carlo which will add housing stock for new residents, but this could be as much as ten year before it is ready.
The tax benefits of Andorra compare very well Monaco, with private banking, income and inheritance tax at zero, security and privacy achieved for high net worth individuals in both.
Buying a property in Andorra is often seen as a route to residency, which entitles people to live in Andorra and benefit from her tax haven status. Many potential buyers stay in one of the hotels in Andorra while on a property inspection trip.
To obtain residency in Andorra, applications need to be submitted in Catalan. A notarised copy of the applicants passport, birth certificate and a certificate of good conduct from the home country are submitted at the same time. According to local travel guide YourAndorra.com residency normally takes between three and six months to be approved.
Once residency is granted, residents are supposed to spend six months a year in Andorra, but this isn't policed.
One of the drawbacks for those looking to become a resident in a tax haven when considering Andorra has been that the country has no airport of its own, and is unlikely to have ine future given that it is located in the Pyrenees. The nearest airports are Barcelona and Toulouse.
Recent improvements in the road from Barcelona to Andorra though have cut the travelling time by some thirty minutes to two hours fifteen minutes from Barcelona airport to Andorra's capital, Andorra la Vella.
About the Author
More details about property for sale in Andorra can be found at YourAndorra.com
Andorra is a well known European ski area, and as well as property the guide has Crystal Ski holiday news, with reviews of the new blackjack ski run, a map of Andorra and the weather for the ski resorts.
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