12 August 2008

A Taste of Spain

To survive as a restaurant in Spain in this day and age you need to be able to offer good quality food at reasonable prices, prepared consistently by skilled Chefs and presented to the clients by friendly staff with the minimum of delay.

Gone are the days when diners will accept poor standards especially as there are so many restaurants here from which to choose.

Living in Spain has given me the opportunity to try many restaurants, some very good and some dreadful. The dreadful do not survive for very long.

We recently visited the Punta Prima Restaurant, in the Punta Prima area of Costa Blanca South. Tucked away down a side road on the beach side of the N332 coast road, it was a pleasant surprise to see a delightful frontage of a well established restaurant. (There is no problem with parking, even at the height of the season). Large plant tubs either side of the doors that were wide open and welcoming you inside to a large lounge/ bar area smartly furnished. The smell of delicious food filled the air and the bar was lined with both hot and cold delicious Spanish Tapas.

As you walk through into the rear section, the area opens up to a large restaurant on the right hand side which can be enclosed by glass curtains, for the short winter period and a large open air section on the left hand side, sun protected and mainly for daytime use for clients to enjoy the fabulous selection of Tapas and drinks.

The whole rear of the restaurant has magnificent elevated views over the sea and surrounding coastline, which all diners can enjoy day or night. We were recommended to try this restaurant on a Friday evening as this is their Flamenco and modern dance show.

After being shown to our table by a smiling waiter, it was difficult to decide what to have from their extensive menu eventually we decided on the ‘Rape Cazuela’, (a stew of Monkfish and clams) and ‘Lenguado con Gambas en Cava. (Whole Sole with Prawns in Spanish Champagne Sauce) Both were delicious.

For dessert we decided to try the Soufflé, which is large and designed for two persons only. It contained fresh fruits and pockets of Ice Cream which was flambéed at the table - a delightful and very filling experience.

The Flamenco Show started at 10.00pm on a raised platform located on the rear patio so everyone had a good view. The show consisted of two Spanish female dancers and a male Singer who interacted with the audience by dancing and singing between the tables and down the aisle. It was lovely to see a large group of very small children dressed in traditional Spanish costumes standing directly in front of the stage emulating the artists. After a short break the music and dancing continued for another hour until 12.30pm and this time included two Spanish Guitarists. They finished the evening with a National Song from Andalucía that was performed by candlelight. The show was of a very high standard.

The cost of the whole evening was under €40 (approx £32) and definitely met all of the criteria that I mentioned above. The Punta Prima Restaurant has been trading for the past 38 years, which is an indictment of their sustained quality of service.

If you are in this part of Spain on holiday or perhaps live here permanently and haven’t yet been to The Restaurante Punta Prima, we highly recommend you try an evening at this restaurant, we intend to visit again, very soon!!

By Allen Cooper
World Properties and Land
Spanish Office







28 July 2008

The Spanish Moors and Christians Festival


Spain is renowned for its fiestas and none of them are more popular or spectacular than 'The Moors and Christians Festival'.

Each summer in many towns across Spain, Moors and Christians Festivals tak e place and are usually a week of festivities depicting the period in Spanish history when The Moors (North African Muslims) ruled Spain from the year 692AD until their final expulsion by the Christians in 1492, which is 800 years of history to be remembered and reinacted every year by the Spanish people.

On a very warm evening of 27th July 2008, I visited the town of Guadamar del Segura in Costa Blanca South, to watch the entrance of The Moors and Christians, which was the final parade that brought a week of festivities to an end. The spectacular parade started at around 9.00pm and continued non-stop until 11.30pm.


Row after row of men, women, children and babies in arms, all dressed in incredible and authentic Moors or Christian costumes, filed past the crowds arm in arm in a formation of up to12, spanning the streets from side to side, with each row looking more and more spectacular as the evening progressed and each followed by their own band consisting of large drums pulled along by slaves and a brass section playing dramatic marching music.

There were dancers, acrobats, horses, a caged tiger and a very large and I think, friendly Yellow Snake, all of which had the audience spellbound.

It was a wonderful evening, which finished with a fantastic firework display to music in the grounds of Guadamar Castle.

If you have ever thought of owning a holiday home abroad, then Spain should be top of your list. The South and South East of the country has a superb, all year round climate, very clean and safe Blue Flag Beaches and with the Property Market being in favour of the buyer at the moment, there has never been a better time to purchase your home in the sun and who knows, next year we may see you at one of Spain’s many festivals including The Moors and Christians?

By Allen Cooper
World Properties and Land

Spanish Office

Marrakech - The Ocre City

Marrakech is called the Ocre city thanks to the red colour of its buildings. By local law nobody is allowed to wash in other colour. The city has a strategic position in south of Morocco. Only two hours drive via the highway to Casablanca the industrial capital of the country and three hours to Rabat the official capital of Morocco. With the Atlantic Ocean only two hours drive toward the west where you can enjoy swimming the whole year round at Essawira the nearest beach – a moderate temperature town. At 35 kilometres south of the city there is the high Atlas mountain range covered with snow from November to May every year. There is a ski resort at 80 kilometres from the city. The Sahara with sand dunes is at about 8 hours drive south of Marrakech.

Marrakech is the unique ‘Palm Grove’ city with beautiful views of the Atlas Mountains. The first palm trees were planted when the city was founded in the 11th century by the Almoravide dynasty. These nomadic people had the nostalgia to the palm trees in the Saharan oasis they left behind them. They decided to create the same atmosphere by planting some of the palm trees. The 13,000 hectares Palm Grove has over 150,000 palm trees. They are protected trees by local law and nobody is allowed to cut any tree for which you pay a fine.

The weather here is quite different during summer 35-48 °C during the day and 28-35 °C at night during July and August, during winter 14-24 °C in the day and -5-6 °C at night from December to February.

The special weather is attracting lot of local and foreigners to come to live in the city. A city that is trendy that offers pure luxury plus a lot of constructions and developments whether real estate or commercial. The price of the square meter has risen up to 10 or 15 times more according to the districts.

With total population today over 1 million inhabitants, 700,000 are living in the new city founded by the French protectorate between 1912 and 1956. 300,000 live in the Medina which is the oldest town founded in the 11th century. There are 2 different worlds living together without conflicts but cohabitation and tolerance.

In the new city the main activity is tourism, administration and industry (mainly food industry of olive oil, canned olives, vegetables, fruits, marmalade, orange juice etc) that are partially shipped to Europe.

In Medina people remain manual and the main economic activity is handicraft. Here thousands of qualified and expert artisan and artists are manufacturing leather in the tanneries but also metal, wood, pottery, silver, copper etc., in the winding alleys of the old souks (markets) of the old city. The Moroccan art is also proud of the amazing labour of the women that are experts in embroidery, weaving carpets using wool and silk.

Famous western designers were so impressed by the quality and the cheap labour that they decided to buy a second house to be closer to order very complicated orders for their fashion exhibitions and also to keep close to the country of roses, spices and essences to extract new perfumes.

So why not visit Marrakech in the near future and discover the Ocre City.




By Mohammed Bennis
World Properties and Land - Marrakech

25 June 2008

Why business is so excited about emerging markets

Establishing a venture in an emerging economy is a serious undertaking, and there are risks. But with the growth that is occurring in many of these economies today, business is booming. You need to ask yourself if you can afford to wait until tomorrow to act.

In this show Stephen Philips, Chief Executive of the China-Britain Business Council, Ian Coleman, Partner, Head of Emerging Markets, PricewaterhouseCoopers UK, Oliver Massmann, Partner at Duane Morris Vietnam LLC, and Frederique Schillern, COO Asia Pacific, Equity Trust.

Tomorrow could be too late - watch this show now to find out what makes businesses so hot for emerging economies.



24 June 2008

Shared Ownership in Durban, South Africa


Own a piece of tranquility.

Sabuti is an exclusive development set within the Simbithi Eco-Estate approximately one hours drive from the centre of Durban.

Investment opportunities from as little as £9,999 and excellent returns on investment.

Click to view Sabuti portfolio

26 April 2008

Austria an investment location?

Austria is a well-developed country with a strong national economy and a high standard of living. Capital investments achieved a significant growth rate of +5.0%, with the principal stimulus coming from the construction industry. Austria has a thriving economy and is the 3rd wealthiest EU country as measured by per capita GDP, just behind Luxembourg and Ireland.

In addition unemployment is extremely low. The Austrian economy has been growing steadily in recent years with an estimated GDP growth is 3.3% (2006) Unemployment rate is only 4.9%. Austria’s real GDP will grow by 3.2% in 2007, by 2.7% in 2008 and by 2.3% in 2009. economic outlook of the Oesterreichische Nationalbank (OeNB). V.A.T-The standard V.A.T. rate in Austria is 20%.There is a reduced V.A.T. rate of 10%. The reduced VAT rate applies to tourism services, food and agriculture. The tourism and leisure industry accounts for over 16% of Austria's total gross domestic product and is one of Austria's key industries.

More information on Austria see worldpropertiesandland.com

Sources:
  1. http://www.anglogermantrade.com/countryinfo/austria_economy.htm
  2. http://www.indexmundi.com/austria/gdp_real_growth_rate.html
  3. https://www.cia.gov/library/publications/the-world-factbook/geos/au.html
  4. http://www.worldwide-tax.com/austria/austriataxes.asp
  5. http://www.channel4.com/4homes/ontv/place_in_the_sun/20_make_money-2.html

17 April 2008

Why invest in Brazil?

Probably one of the first questions we think about - Property Appreciation?

An overview of property appreciation in Brazil over the next 10 years:

New Mortgage Laws - These laws create a better environment for banks to loan money; the banks are able to make a safer investment when lending; In countries without sustainable mortgage products, there is very little domestic demand for property because purchasers are forced to pay in cash for property. This creates low property prices. By the end of 2008, wide-open mortgage packages will be available. Right now falling interest rates are making mortgages more common and due to the availability of mortgages, domestic demand for property is increasing.

New Ownership Laws protect the Buyer - These laws are some of the best in the Americas, designed to make ownership more appealing. Ownership is far more secure in Brazil than many other popular Latin American destinations in turn creating new international demand.

Easy Access from Europe and North America due to New Infrastructure - The Government is supporting tourism projects all across the coast by increasing the availability or utilities and infrastructure. The Government is financing the renovation of old airports and building new airports to meet the demand. For instance new Natal airport (the biggest cargo airport in Latin America) is being contructed. Currently Brazil has the 5th best infrastructure in the Americas.

Outstanding Currency Appreciation - Currency appreciation that has taken place with the Brazilian currency is outstanding. In 2002, Brazil's currency was almost 4 to 1 to the US dollar. Today it is 2 to 1. Its low was approximately 1.85 to 1 dollar July of 2007. If you had bought property in 2002, then you would have doubled your money with currency appreciation. In April 2007, the Brazilian reserve sat at $101 billion. As Brazil becomes more stable and builds up currency reserves, this appreciation will continue.

Undervalued Beach Property Compared to the Rest of the Americas - An acre of Beach Property in Florida goes for $10 million, in the Bahamas, an acre in accessible areas sells for $2 million and an acre of Beach property in Costa Rica sells for $100,000. However, in Brazil, there still are “non-developed places” where acres bought in quantity are as low as $5,000 to $15,000 or single acres on the ocean for less than $55,000 hence creating international demand and domestic demand.

Domestic population of almost 200 million people - Domestic population will embrace credit and mortgages and start buying houses and property. Costa Rica and Nicaragua have populations of roughly 5 million. These countries' real estate booms are not homegrown, but due to international speculation. This situation lacks long-term stability. Why buy a half acre on the ocean in Costa Rica for $1 million when you can buy it in Brazil for $35,000.

Currently the 10th Largest Economy in the World, Brazil will be the 5th Largest in 2050 as ranked by Goldman Sachs. When Brazil reaches its paramount in 2050, the beach property prices will be the same anywhere in the world. t is expected that beach property will continue to increase in value rapidly until 2050. This economic growth and stability creates international demand. It solidifies Brazil as a great place for real estate investors.

In Brazil, construction costs are half what they are in the United States and Europe. Currency is also 2 to 1 to the dollar and almost 3 to 1 to the Euro. This money goes a long way on everyday purchases. This bonus can lure property buyers seeking an affordable standard of living, will create international demand.

Interest Rates in Brazil are Dropping Fast - If you look at rates 18 months ago they were at 18%. Today they are under 12% and falling every few months. These rates are falling because Brazil has a huge trade surplus and account balance due to its raw material export driven economy. This surplus has assisted in Brazil have sufficient currency reserves and eliminate deficit spending. Further exports of sugarcane ethanol to Japan, United States and Europe will further Brazil's trade surplus and create a more stable economy allowing for interest rates to fall even lower.

Beautiful Beaches - Brazil is ranked for having some of the best beaches in the world. They feature white sand, warm water, warm climate and beautiful tall palm trees. Brazil has one of the longest tropical coast lines in the world.


Ideal buy-to-let investment in Prague


World Properties and Land are pleased to offer the best selected buy-to-let units in the up & coming suburb of Vysocany in Prague's 9th district, now being offered on an exclusive basis to investors.

With an expected annual capital growth of 12 - 14%, and with Prague 9 rapidly growing in popularity with the local market, t
his project fulfils all the criteria of an ideal buy-to-let investment- including strong demand from the local market (both on the rental and resale aspects).

The residents of Nad Rokytkou development will also be able to enjoy the new bicycle path which will wind along the creek bed and through the development, as well as from the project's proximity to the cultural and shopping center and both primary and grammar schools.

Apartment size: 44m2 - 155m2
Estimated completion: Q3 2009


Investment highlights:
  • Apartments starting from 2,188,000 CZK
  • Ideal buy-to-let investment
  • Good rental yields
  • Excellent resale ability.
  • Capital growth of 12-14%
  • Direct connections to the city center
Enquire about the Nad Rokytkou (Prague, CZ) project

10 April 2008

Morocco Pre-release Property in Marrakesh & Tangiers

An opportunity not to be missed!

We have just received the following pre-release properties. If you need more information contact us via our website : worldpropertiesandland.com and complete the online Investor Club registration. We will then send you the details.

Tamesna, Morocco
One, two & three bedroom apartments
From €56,700

Tangiers, Morocco
Two and three bed apartments and duplexes
From €179,115

Marrakesh, Morocco
Three bedroom Villas
From € 518,175

02 April 2008

Buy Land, then design and build your own villa in Altinkum, Turkey

Land in central Altinkum - 242m2 - priced at 110,000 YTL with planning permission for pool and detached villa.

The plot is next door to olive groves, close to a stables, the marina and beaches (the latter 2 less than 10 mins walk away) yet it is on the edge of the resort.

This land is both an excellent investment and is in the perfect area for permanent living and investment.

Now you have the opportunity to build your own dream home in Altinkum! Talk to us and we will assist you all the way....

The Trump Ocean Club

Another development from the Trump signature brand if you have a taste for luxury.

The Trump Ocean Club investment opportunity from USD$ 300,000.

FULLY FURNISHED Bay Loft Ocean Suites from USD$300,000.

One bedroom condos from USD$500,000
Two bedrooms condos from USD$600,000
Three bedrooms from USD$800,000

Situated on the Punta Pacifica peninsula, it is a mixed-use resort that allows you the opportunity to live, work, and play all under one roof. The ocean views make this the most exclusive location in all of Panama City and it is a hurricane free zone!

Advantages of having a unit in Panama.
Appreciation rates in vacation and retirement home markets have led many buyers to look abroad for more affordable alternatives. Prices in the traditional south-of-the-border retreats like Mexico, Costa Rica and the Caribbean have escalated to the point where they rival those along America's own beachfronts.
Want to know more please see Trump Ocean Club details.

TURKEY - DIDIM, ALTINKUM

New apartment building located in a popular residential area, approximately 50 metres from Didim’s Marina Road, approximately a 10 minute walk to Didim town centre and Saturday market and a 30 minute walk to Altinkum’s lovely beaches and resort centre.

It is very convenient for local amenities with nearby supermarkets, banks, bus routes, restaurants and bars.

The development offers quality two bedroom apartments, three and four bedroom duplex apartments, each with quality fitted kitchens and bathrooms. The development is set in an attractive area and has its own swimming pool and children’s splash pool.

Ideal holiday home purchase. View full details on Didim Apartments.

MARGARITA ISLAND

Hotel Apartments from £52,000

Apart-hotel development comprises of studio’s, one and two bedroom apartments, with 184 units in total and will operate as a hotel, but also offer all it’s facilities for those simply seeking a fabulous holiday home in the southern Caribbean sunshine.

Ideally located, just a 150m from the beach, the Marina Caribe apart-hotel offers everything from one of the best investments on the international property market, to the relaxed upmarket holiday in the year round sunshine.

The marina is but a 100m walk, and there are many wonderful bars and restaurants within easy walking distance.The Hilton Hotel is also just a short walk away, with it’s nightlife and casino.

Key Benefits:
  1. 10 Year Rental
  2. First 2 Years 8% Guaranteed Net
  3. Remaining 8 Years Profit Share with Hotelier
  4. Free Legal Fees
  5. Fully Furnished.