Property investors in popular holiday destinations are set to benefit from increased demand for tourist accommodation.

According to MyHoliday.com, the popularity of self-catering holidays has grown significantly in the last few years, particularly in countries such as Spain.

This means that a Spanish rental property could be a sound investment, as demand to stay in one during the summer is so strong that people are reserving them well in advance.

We see a clear trend - people have started to book their holiday rentals homes before January to make sure they have the select of the best holiday flats available.

He added that there was still a "great need" for more rental properties in popular locations, since people were being forced to snap them up early to avoid disappointment.

This comes after the Association of British Travel Agents said that areas such as the Costa del Sol would attract large amounts of Christmas holidaymakers, as many would choose to spend the festive season in their Spanish property.

Cheers!

Viva Las Vegas!!!

Hi guys! I just arrived from one of the most amazing cities Ive visited in my whole life…

Have you ever been to Las Vegas? Oh my goodness! If the answer is NO, My answer is: GO!

Do not doubt, go to Nevada and enjoy this amazing world built for you and your dreams.

I didnt ask there about investment there, but I think it really worth it.

Buying a couple of flats or a whole building its not a bad idea… Lets go guys! its AWSOME!

Cheers mates!

People who are planning to retire to Spain have been told of the importance of long-term financial planning.

Age Concern said that those who were considering overseas retirement had to research issues such as the cost of living and how residing in another country may affect their income.

The dream of a sun-soaked retirement spurs many older people to move abroad.

However, retiring to another country is very different from holidaying there.

She added that the key to a successful move was knowing what to expect, as this would enable people to prepared for certain circumstances.

For example, people were advised to consider healthcare and what would happen to them if they fell ill while abroad, especially in a non-English speaking country.

According to a survey by Saga, Spain is the most popular location among Britons who are thinking of retiring overseas and buy a second property as flats or houses.

Cheers!

Spain's property market has recently been the subject of many conflicting headlines, leading to much confusion among experts about whether it actually represents a good investment.

Some of the media coverage has centred around the impact of the US sub-prime crisis, while other reports have suggested that the Spanish market has peaked.

Meanwhile, aspiring investors have been bombarded with information on cheaper flats & houses market elsewhere that offer high returns in a short space of time.

But despite all this, overseas buyers are still heavily leaning towards Spain.

The continuing popularity of the country as a haven for investors suggests that the market can hardly be floundering as much as some naysayers would like us to believe.

Only last week, the country was found to be the most popular destination among prospective overseas buyers.

Research by Yorkshire Bank showed that two-thirds of those who were considering a foreign purchase were attracted by the guarantee of sunny weather, while half were tempted by the dream of achieving a more relaxed lifestyle.

Cheers and keep investing!

The eagerly awaited Apple iPhone has finally hit the Indian market. But there are a number of challenges that it may face in the market. Not just Apple, but its Indian Retail partners—Bharti Airtel and Vodafone—will have to play their roles to perfection for their customers to enjoy the iPhone. India is amongst the few markets where the partner telcos are spending huge sums training thousands of their employees to activate the iPhone. This because, unlike their western counterparts, Indian customers cannot be expected to activate the phone online. Low internet and PC penetration is a roadblock here and even amongst those in metros and large cities who own PCs, only a small minority has Apple’s iTunes on their systems. The other catch is slow internet speeds which can frustrate users attempting to download the iTunes.

“We have trained over 3,000 employees across 41 locations and 400 stores in the top 45 cities to help activate the iPhone. We have also trained a large number of our call centre executives who will help our customers activate the iPhone,” explains Bharti Airtel president for mobility Sanjay Kapoor. Mr Kapoor added that it would take customers about five minutes to activate the iPhone at Bharti’s retail outlets. Ditto to Vodafone, which has gone a step further and even given appointments at its retail outlets to its customers who have booked the iPhone to help them activate and use the device.

Click 4 Flats wish you the best of the days! Cheeeeeeeeeeeeeers!

Overseas property investors in Spain could benefit from a UK-style transport network, it has emerged.

A delegation from the Andalusian government recently visited London as part of their research on public transport, in particular the Tube Network.

Authorities in the province hope to develop a similar system in order to provide improved access between major cities such as Seville, Malaga and Granada.

This should make it much easier for holidaymakers to explore the region, potentially making it a more attractive destination for foreign flats & houses buyers as well.

The government said it was inspired to follow a model similar to that of the London Underground because it was a long-established and cost-effective means of transportation.

Furthermore, it stated that reform of the public transport network would also help to reduce the number of cars on the roads.

London's Tube network currently transports approximately three million passengers each day.

Cheers mates!!!

The property prices of prime locations in Punjab have shot up by 40-55% in the last two years. The cash-strapped state, which desperately needs to push the growth of industrialisation, is facing shortage of land, which has pushed the flats prices upwards. Property prices in Mohali, Jalandhar, Bathinda, Amritsar, and Ludhiana are scaling new heights. We have been fetching more price than the reserved cost from our previous auctions. A maximum price has been fetched from Ludhiana as it is an industrial belt. Now we have kept a reserve price of Rs 165 crore for the forthcoming auction of a 5 acre site scheduled to be held on August 26 in Amritsar.

The state government recently acquired 300 acres for the proposed Mohali international airport for which the government paid compensation of Rs 1.5 crore per acre to farmers whose land was possessed. This was the highest ever compensation paid for acquisition by the state government to farmers which has certainly set a benchmark. Lately Greater Mohali Area Development Authority (GMADA), a one kanal seven Marla plot in sector 69 fetched a whopping Rs 3.11 crore against its reserve price of Rs 2.3 crore. The reason this plot went for such high prices could be that Mohali is all set to develop a state-of-the-art town centre in Sector 62, which is near Sector 69. Real estate experts have projected that with the upcoming international airport, Knowledge City and the rapid development in Mohali will keep the reality prices upward only.

Apart from this, the much-talked Trident group’s land acquisition deal was settled only when the group paid 102 cheques of worth Rs 8 crore of the enhanced 70 % price to the original cost to the farmers of the three villages of Sanghera, Dhaula and Fatehgarh Channa in Barnala. It may be recalled the group had acquired 376 acres for expansion plans. The real estate developers in Punjab are extremely happy with the trend.

Cheers mates!!!

Many overseas investors in Spain could be encountering avoidable problems because they do not speak the local language.

The majority of Britons do not speak a language other than English, while most of those that do speak French.

This is despite Spain being one of the most popular destinations for British holidaymakers and overseas property investors.

The organisation stated that nine out of ten people were unable to ask for general directions in Spanish, while a similar proportion were unable to comprehend basic instructions such as left and right.

It is important to learn the basic language skills.

A lack of linguistic awareness could prove to be a problem for people who are considering relocating to Spain on a permanent basis.

Tips:

Flats: pisos Homes: casas Thanks: gracias Youre welcome: de nada Up to you: tu mismo

Cheers!!! Hasta luego!!!

Commonwealth Bank is considering not increasing its standard variable lending rate so it can snare extra market share after the rush of rises from its rivals.

The nation's largest lender is believed to be unlikely to follow the moves of National Australia Bank, ANZ and Westpac in the short term.

It is believed that CBA decided to remain on hold to boost market share, especially after ANZ admitted it would take a reputational hit, particularly on business banking, after the Opes Prime and Lift Capital crises.

ANZ is still mired in the Opes Prime fallout and revealed yesterday that it remained stuck with a stake above 5% in 22 predominantly illiquid, small capitalised stocks.

Commonwealth Bank could be priming itself to expand aggressively into business banking, particularly if ANZ's book started to struggle.

Wholesale short-term funding costs for Australian banks remain well above historical highs, despite moves by the Reserve Bank to pump liquidity into the financial system.

The Reserve Bank was active in domestic money markets yesterday, buying $445 million worth of government and quasi-government bonds and $471 million worth of ADI-securities.

The activity follows surprise trading last week when the RBA moved in to buy (flats & houses) residential mortgage-backed securities, which sparked some concern a lender could be in trouble.

The 90-day bank bill - the main source of short-term funding for trading banks in Australia - remains elevated at 7.79%, 54 basis points above the official cash rate.

The next rate move is expected to come from St George, the fifth-largest bank in Australia, which has the smallest retail deposit base and is suffering the greatest margin squeeze of the majors.

Take it easy buddies & invest!

The Costa Blanca region is the most popular domestic holiday spot with Spanish nationals, official statistics have shown.

The area has overtaken the Costa del Sol as the first-choice holiday option for the country's residents.

The news provider added that the number of Spanish tourists staying in hotels in Costa Blanca was higher than the amount that had booked in both Barcelona and Madrid combined.

This could represent good news for overseas property investors, as they could offer flats, houses, villas, etc to holidaymakers.

Furthermore, the region was also said to be highly popular with British tourists, as the Typically Spanish website highlighted a "recovery" in the number of people coming from the UK.

Specifically, the figures showed that more Britons were visiting the Costa Blanca out of season.

Cheers mates!