![]() |
![]() |
|
| |
Apres-Ski
European tax haven Andorra enjoys the same fiscal benefits as better known Monaco, adding to property demand from those looking for residency in a tax shelter as well as traditional ski chalet buyers who flock to the country between December and April each year. With the end of the ski season last month many ski resorts in Europe have closed up shop until early December with overseas property owners having little prospect of rental income in the summer months. But tiny Andorra, nestled between France and Spain in the Pyrenees and the sixteenth smallest country in the world, is increasingly attracting out of season tourists and property owners are seeing a rise in overall occupancy levels and return on their investment. Cycling, pony trekking and hillwalking are some of the pursuits attracting tourists and potential property owners heading for the mountains outside of Andorra's ski season. Andorra's capital la Vella is full of duty free shops, restaurants, clubs and bars. Coupled with the mountain scenery and lakes Andorra has seen a rise in the number of out of season tourists in recent years, and the letting season extend from just the winter months to include the spring and summer. For a country with a population of 77,000 Andorra attracted a surprising 9 million tourists last year, and with more visitors in the summer months predictions are that this will rise to ten million this year. Ryanair and easyJet are two of the low cost carriers flying to Barcelona and Girona airports from major European cities, the onward journey time to Andorra's capital la Vella is two and a half hours by coach or car. Andorra Property News at http://www.propertyandorra.com offer a free 28 page guide covering banking, applying for residency and the towns and villages of Andorra to those considering moving there plus details of apartments and chalets for sale, with prices starting from 157,000 Euros for a furnished one bedroom apartment in Els Cortals ten minutes from the ski slopes. Andorra Property News is able upon request to e-mail details of over 40 properties for sale in Andorra by visiting http://www.propertyandorra.com
MORE RESOURCES: There is something emotionally charged about the buying and selling of New York high-end real estate. How else to explain the juggernaut of reality TV shows about high-end brokers? After 30 years of marriage, Sharon and Michael Newman decided it was finally time to move from the Catskills to New York City. On blocks near Kissena Park streets are quiet, houses are small, and the electricity that charges the atmosphere in downtown Flushing is nowhere to be found. A five-story, seven-bedroom house in Brooklyn Heights has sweeping views of New York Harbor and the Manhattan skyline. Demand is so intense that there are waiting lists in some buildings, and a few landlords report that eager renters are even bidding up rents. Sales at the very high end of the market barely missed a beat in the recession. But that prosperity hasn’t yet trickled down. More borrowers are opting for fixed-rate loans with terms other than the standard 30 or 15 years, especially when it comes to refinancings. Insurance coverage for a co-op unit; when a tenant is ‘blacklisted’; a co-op is smaller than estimated. A shaky real estate market means more sellers are providing buyer concessions, from gift cards to help with paying property taxes. The settlement reached last week over questionable mortgage practices by major American banks hardly cracks the iceberg that is the foreclosure mess. Under the settlement, nearly two million Americans could benefit from mortgage relief from the nation’s biggest banks. A cold war-era satellite relay station is for sale in California after a Silicon Valley mogul gave up on plans to turn it into a weekend home. Court hearings meant to protect New York homeowners from foreclosure are hopelessly slowed by endless paperwork and requests for additional information. The Bay Area and Silicon Valley expect the windfall from the Facebook stock offering to make their in-demand region even hotter. Trinity Church is the largest landlord in Hudson Square and is part of the effort to rezone the area to residential from manufacturing. Rising oil prices and a boom in shale exploration are leading companies to add office space in the Houston area, most notably Exxon Mobil. Ms. de França is the president and chief executive of Douglas Elliman Development Marketing, which focuses on new residential developments. Meet the real estate broker’s interns: an ambitious group willing to do anything, earn nothing and wake up early on a Sunday to fluff the couch cushions at open houses. Plants that light up the winter garden can be found at Broken Arrow Nursery in Connecticut, which has long been a favorite of gardening geeks. A sister in need drew the painter Beverly McIver back home to North Carolina, unaware that a new beginning was in store for both of them. Timothy Sakamoto and Jochen Repolust are part of the small but growing niche making mobile apps focused on specific works of architecture. To promote an auction of 20th- and 21st-century design, the interior designer Stephen Sills has created a preview exhibition in an apartment at the Apthorp. Fishs Eddy now sells plates acquired from the archives of the now-defunct Syracuse China Corporation, many more than 100 years old. The designer Russell Greenberg creates custom baby rattles with ends shaped like profiles of mom and dad. |
RELATED ARTICLES
![]() |
| home       | site map |       Disclaimer |       Privacy Policy |
| © 2006 |