3/31/08

The Press Association - Bulgaria 'Best For Bargains' - Money


Bulgaria 'best for bargains' - The Press Association


Bulgaria 'best for bargains'
The Press Association - Mar 9, 2008
Britons bound for Bulgaria will get the best bargains, according to a value-for-money holiday survey. Visitors to the eastern European country can get a ...
Bulgaria 'best for bargains' - The Press Association

This Is Money - Will House Prices In Spain Fall Further? - House


Will house prices in Spain fall further? - This is Money

money.co.uk/i/pix/2008/03/spainvilla_203x150.jpg width=80 height=59 alt="" border=1>
This is Money

Will house prices in Spain fall further?
This is Money, UK - Mar 28, 2008
The changing of the clocks this weekend traditionally marks the beginning of the foreign buying season, when Britons trawl estate agents' websites, ...
Will house prices in Spain fall further? - This is Money
<strong>house</strong>,A row of terraced <strong>house</strong>s
According to the Spanish ministry of development, planning approvals fell by 25% in 2007. Don't miss our investigationsJoin the fightbackHow to reclaim mortgage feesThis is Money shows you exactly how to reclaim mortgage fees and other chargesEndowmentsFix your endowment messIf your stock market endowment has failed, don't despair. Fuerteventura and Lanzarote saw particularly big drops of up to 30% each.But another 14 locations have enjoyed rises. He says there have been problems in Spain, but they do not apply to every part of the country.'Spain as a whole has been one of the stronger performers in recent months. In other words the markets have more faith in the economies of Spain and Italy than they do in the United Kingdom. Its called catching a falling knife?- David, BarkerBudget airline will soon be a thing of the past. Now ain't that saying something!- Kat, BedsWhy buy now when the market is heading downward. On this basis, today's reduced asking prices represent real bargains � and potential gains if prices bounce back again.Golden rule number three is that you shouldn't simply look at bottom line prices, but should calculate a property's cost per square metre. Our Spanish property dream is in ruins Buying property abroad: Austria Overseas property hotspots for 2008 MOVING MONEY ABROAD There's a cheaper alternative to banks when moving money abroad. Residential prices, for example, rose by almost 5% during 2007,' he says. So choose carefully.- Tony, Dartford, KentWe have just sold our villa in Spain for 28,000.00 Euros less than we paid for it 3 yrs ago. The exchange rate has moved around 11% since August. The worry is whether the Spanish market is at its lowest ebb or whether there are more price falls on the horizon.The uncertainty is forcing buyers to think more carefully about what they want, where they buy it and for how much. There is no doubt that the Spanish property market has turned sharply. They say many of these have well-developed facilities and usually attract high values. This means a British buyer will pay around £8,000 more for a property worth £80,000,' says Peter Ellis of Foreign Currency Direct, a foreign exchange firm.On the upside, it is easier to buy your dream home in Spain at a good price. WANT TO KNOW MORE?Property abroad: SpainA Spanish property dream in ruinsPart-ex deals for Spanish homes'My Costa catastrophe'Don't miss: The European house price boom 'is over' OTHER STORIES The European house price boom 'is over' Can I reclaim credit card villa deposit? We answer the question on everyone's lipsInvestigationBeware of property seminarsThey claim buy-to-let is a sure road to riches. We know a lot of people who have returned (18 couples in last 6 mths). What will happen to house prices in 2008? Will house prices in Spain fall further?

- Naked Britons Ski In Bulgaria's Borovets Winter Resort - Flat


Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg


Naked Britons Ski in Bulgaria's Borovets Winter Resort
Hовини.bg, Bulgaria - Mar 15, 2008
UK citizens from a British ski club had ski naked on a ski run in Borovets mountain resort in Bulgaria. They stated that thanks to their strange action they ...
Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg

Sofia News Agency - Bulgaria's Mountain Resort Bansko Boasts Strong Winter Season - Establish A Business


Bulgaria's Mountain Resort Bansko Boasts Strong Winter Season - Sofia News Agency


Bulgaria's Mountain Resort Bansko Boasts Strong Winter Season
Sofia News Agency, Bulgaria - 8 hours ago
Bulgaria: More than 600 000 tourists have visited Bulgaria's hotspot mountain resort of Bansko since the start of the winter season, the mayor said. Britons ...
Bulgaria's Mountain Resort Bansko Boasts Strong Winter Season - Sofia News Agency
According to him Bansko's skiing conditions in 2008 were better than those during the previous year. Britons and Russians account for the bigger part of the tourist flow into the resort, which welcomed for the first time holidaymakers from Greece coming mostly for the weekend, Bansko mayor Alexander Kravarov told Darik radio. Get your derrieres down here, pronto.Bulgaria's Mountain Resort Bansko Boasts Strong Winter Seasonview initial storyAuthor: Rollingstoned31 Mar 2008 23:35:01Hey Mat,Kowabunga! Glad to hear you're enjoying the "cracking snow". Photo by Yuliana Nikolova (Sofia Photo Agency)| buy photo |More than 600 000 tourists have visited Bulgaria's hotspot mountain resort of Bansko since the start of the winter season, the mayor said. Shame it's not "powder" but isn't it time for that, to get "blown" away, anyway?

3/30/08

Daily Mail - Foreign Workers Take Almost Nine In 10 New British Jobs, According ... - British Citizens


Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail


Daily Mail

Foreign workers take almost nine in 10 new British jobs, according ...
Daily Mail, UK - Mar 4, 2008
The manufacturing trade has seen a drop of 1.4million Britons in employment and an increase of 113000 foreign-born workers. Shadow Home Secretary David ...
Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail
But the scale of immigration has proved to be 15 times greater.In 2007, another 214,510 eastern Europeans registered to work in Britain, equal to 600 arrivals a day. Eastern European immigrants can claim benefits after working here for 12 months - including child benefit for children who have stayed with relatives back in their home countries. In the last 12 months, the cost of paying benefits to the newcomers has more than doubled to an estimated £170million a year, with 145,000 immigrants now claiming state handouts. Local authorities in some areas have warned that public services such as schools are coming under intense strain. Mr Davis said the arrival of so many immigrants meant that "our housing and public service infrastructure have come under severe pressure with local authorities and council tax payers having to shoulder the burden". That is the question on the lips of many after rumours spread that Brad and Angelina had marriedVoice from heaven, family from hell ... The dangerous world that singer Duffy left behindShe's being hailed as the new Dusty Springfield. The Government predicted 13,000 arrivals a year when opting to open Britain's labour markets to millions of new EU citizens - while most other countries imposed restrictions. The Home Office acknowledges that benefits claims are increasing but insists they "remain low". The numbers in receipt of benefits more than doubled last year, rising by 109 per cent in 12 months to 145,000. UK business leaders said employers will continue to welcome the new arrivals because their work ethic is "so much better than domestic workers" who suffer from a "skills shortage and increasing welfare dependency". Why not be the first to send us your thoughts?

Kissed Florida Dream Fell Apart - - Property In Florida: How The Sun - Money


Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk


Property in Florida: How the sun-kissed Florida dream fell apart
Telegraph.co.uk, United Kingdom - Mar 7, 2008
Now hundreds of Britons who have bought in Florida are left out of pocket. Catherine Moye investigates Turn the clock back four or five years to Florida's ...
Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk
As cautionary tales go, his takes some beating - and it offers a salutory lesson to anyone tempted to invest in the latest "property hotspot", whether in the US or anywhere else. At the height of the 2004 boom, he found himself in Florida and decided that it was the place to invest. At the end of January, David Weiker and Larry Maloney, a former president and board member of Platinum Properties, were arrested and charged with organised fraud and other offences. Back then, Britons returning from Orlando were just as likely to have bought a holiday home as a Mickey Mouse corkscrew. Boom and bust: the attractions of Florida in the days when all seemed rosyDevelopers' flags flew in such abundance along all the main tributaries of Interstate 4 that drivers felt like victorious emperors returning from battle. Catherine Moye investigates Property overseas homepage Telegraph Homes Abroad: Free overseas property seminars Turn the clock back four or five years to Florida's boom years in 2003 and 2004. He bought a three-bedroom, Mediterranean-style villa at Winslow Estates, a development that a company called Platinum Properties was selling off-plan.The company's name conjures up the prospect of gorgeous mansions with shimmering swimming pools. His Floridian villa does not exist, nor is it ever likely to. Hundreds of British investors have lost millions of dollars and are now trapped in litigation of Byzantine complexity.A serious criminal investigation is now under way. In 1994, he persuaded investors to part with money for a "themed" $25million residential community he was to build on 1,200 acres of undeveloped land. Maloney, who was removed from the board in October 2005, made the accusations in a 2006 lawsuit filed in Lake County Court against Platinum. Nor are any of the 600 homes Platinum Properties sold off-plan to largely British investors at its Winslow Estates, Millbrook Manor and Citrus Gardens sites. Not that there appears to have been a lot for them to do. Now hundreds of Britons who have bought in Florida are left out of pocket. Platinum Properties stood for nothing but three wastelands used for waste-tipping by local builders who were constructing houses nearby. Take Paul Ream, from Fleet in Hampshire. The $24million of down payments paid to Platinum, whose boss is former time-share salesman, David N. The community was never built, much of investors' money went on business expenses, and the company was later dissolved. The queue to purchase at developments within the mythical 15-minute drive from Walt Disney World surpassed that at the playground's Space Mountain ride. There's just no truth to it." Maloney has not commented.The two men have links that go back a long way. Weiker spent a further $2.5million in employee salaries, appointing both his wife, Irene Weiker, and his son, David Weiker Jnr, to Platinum's board. Weiker denied the allegations and Maloney later worked for the company again, as a partner. Weiker has described the charges as "bogus": "None of it is true. Weiker, who has recently filed for personal bankruptcy for the third time, has a history of irregular business dealings.

Retire To The Sun - Property Buyers Purchase All Over The World - House


Property buyers purchase all over the world - Retire to the Sun


Property buyers purchase all over the world
Retire to the Sun, UK - Mar 4, 2008
The Association of International Property Professionals (AIPP) revealed that during 2007, more than a quarter of Britons who purchased abroad bought a house ...
Property buyers purchase all over the world - Retire to the Sun

Mortgage Solutions - Foreign Affairs - House


Foreign affairs - Mortgage Solutions


Foreign affairs
Mortgage Solutions, UK - Mar 25, 2008
In the past decade, an increasing number of Britons have turned their attentions overseas and have invested in property, not only in popular European ...
Foreign affairs - Mortgage Solutions
Although France is not far behind (27%), with Italy and Portugal next in line. As in the UK, the best approach is to use a reputable local architect and builder to oversee such projects.Many people also buy new build properties off-plan. Banks in Spain will not lend on property without an Escritura, so it pays for clients to use the services of a professional local lawyer. Building permits are granted at the local town hall. But most of us in the UK do not understand the language or taxes of a foreign market. Buying off-plan differs from buying an existing property and there are a number of factors the client will need to consider. Even the Baltic States, which have seen house prices soar by 200% between 2000 and 2006, saw early-year price rises wiped out in 2007, especially in Estonia and Latvia.Potential opportunitiesHowever, as with all housing markets, there are opportunities as well as risks. Fines for unregulated building work have risen to a level that acts as a serious deterrent. For example, a common trap has been for cash buyers not to obtain a full title deed, or Escritura, and then discover they do not own quite as much land as they thought they did. Halifax's latest monthly survey shows that prices fell across the UK again in February, taking the annual rate of house price inflation down from 4.5% to 4.3%. Historically, the Spanish have paid scant regard to planning regulations, but this has changed. In Cyprus, for example, the maximum loan-to-value is usually between 60% and 80%, whereas in Bulgaria, Turkey and Switzerland it is 75%. Jacobides Professor of Strategic and International Management London Business School Mortgage Funding – achallenging market! Many thousands of investors bitten by the buy-to-let bug in the past 10 years have decided to cast their nets further and look for better returns and stronger capital growth overseas. More recently, Eastern block countries such as Poland have also started to rise in popularity.The reason for this foreign exodus happened well before the current situation of stagnating UK house prices and a slowing economy. Once a property has been purchased, the client might want to make alterations, such as building a swimming pool – 75% of potential Spanish property buyers consider swimming pools an essential extra. The client will only own the property once it has been completed. The greater availability and reduced cost of short-haul flights has also fuelled interest in foreign property ownership. The ideal solution for most clients is to have legal representation in the country in which they are purchasing property, but finding a reputable solicitor can be a problem when they have nothing to go on.What sort of legal problems can arise? There are also issues such as local tax laws and CGT to be considered.The key issue for financial advisers is that owning a property abroad remains an ambition for thousands of UK homeowners and therefore represents a potentially lucrative market. This has been a particular problem in the Valencia region.The Escritura legally defines the bounds of a property and the size of buildings on it, and specifies the sale value, which governs the amount of CGT to be paid when the property is eventually sold.

The Press Association - Bulgaria 'Best For Bargains' - Money


Bulgaria 'best for bargains' - The Press Association


Bulgaria 'best for bargains'
The Press Association - Mar 9, 2008
Britons bound for Bulgaria will get the best bargains, according to a value-for-money holiday survey. Visitors to the eastern European country can get a ...
Bulgaria 'best for bargains' - The Press Association

- Naked Britons Ski In Bulgaria's Borovets Winter Resort - Doing Business


Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg


Naked Britons Ski in Bulgaria's Borovets Winter Resort
Hовини.bg, Bulgaria - Mar 15, 2008
UK citizens from a British ski club had ski naked on a ski run in Borovets mountain resort in Bulgaria. They stated that thanks to their strange action they ...
Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg

This Is Money - Will House Prices In Spain Fall Further? - House


Will house prices in Spain fall further? - This is Money

money.co.uk/i/pix/2008/03/spainvilla_203x150.jpg width=80 height=59 alt="" border=1>
This is Money

Will house prices in Spain fall further?
This is Money, UK - Mar 28, 2008
The changing of the clocks this weekend traditionally marks the beginning of the foreign buying season, when Britons trawl estate agents' websites, ...
Will house prices in Spain fall further? - This is Money
<strong>house</strong>,A row of terraced <strong>house</strong>s
According to the Spanish ministry of development, planning approvals fell by 25% in 2007. Don't miss our investigationsJoin the fightbackHow to reclaim mortgage feesThis is Money shows you exactly how to reclaim mortgage fees and other chargesEndowmentsFix your endowment messIf your stock market endowment has failed, don't despair. Fuerteventura and Lanzarote saw particularly big drops of up to 30% each.But another 14 locations have enjoyed rises. He says there have been problems in Spain, but they do not apply to every part of the country.'Spain as a whole has been one of the stronger performers in recent months. In other words the markets have more faith in the economies of Spain and Italy than they do in the United Kingdom. Its called catching a falling knife?- David, BarkerBudget airline will soon be a thing of the past. Now ain't that saying something!- Kat, BedsWhy buy now when the market is heading downward. On this basis, today's reduced asking prices represent real bargains � and potential gains if prices bounce back again.Golden rule number three is that you shouldn't simply look at bottom line prices, but should calculate a property's cost per square metre. Our Spanish property dream is in ruins Buying property abroad: Austria Overseas property hotspots for 2008 MOVING MONEY ABROAD There's a cheaper alternative to banks when moving money abroad. Residential prices, for example, rose by almost 5% during 2007,' he says. The exchange rate has moved around 11% since August. The worry is whether the Spanish market is at its lowest ebb or whether there are more price falls on the horizon.The uncertainty is forcing buyers to think more carefully about what they want, where they buy it and for how much. There is no doubt that the Spanish property market has turned sharply. They say many of these have well-developed facilities and usually attract high values. This means a British buyer will pay around £8,000 more for a property worth £80,000,' says Peter Ellis of Foreign Currency Direct, a foreign exchange firm.On the upside, it is easier to buy your dream home in Spain at a good price. WANT TO KNOW MORE?Property abroad: SpainA Spanish property dream in ruinsPart-ex deals for Spanish homes'My Costa catastrophe'Don't miss: The European house price boom 'is over' OTHER STORIES The European house price boom 'is over' Can I reclaim credit card villa deposit? We answer the question on everyone's lipsInvestigationBeware of property seminarsThey claim buy-to-let is a sure road to riches. We know a lot of people who have returned (18 couples in last 6 mths). What will happen to house prices in 2008? Will house prices in Spain fall further?

3/29/08

Country Life - Billions Spent On Houses Abroad - House


Billions spent on houses abroad - Country Life


Billions spent on houses abroad
Country Life, UK - Mar 3, 2008
... bumping Bulgaria down a spot. ‘Some might be surprised to hear that Spain still is number one as the primary destination for Britons buying abroad as ...
Billions spent on houses abroad - Country Life
British buyers obtained more than 240,000 homes, an increase of 21% on 2006, says a new report. For more information, please refer to the social bookmarking websites. Publishing only verified numbers makes this report the most reliable source of information in the industry, claims the AIPP. Search for prime property for sale abroadThe figures reveal the enduring appeal of established destinations with 25.4% of British property purchases abroad in Spain, followed by France, slightly down at 17%. Social bookmarking allows you to easily share things you find on the web with other Internet users. Some of these services may require you to have an account in order to post a link. The figures in this report are for completed property transactions only and not for deposits paid. These are links to social bookmarking and community websites.

Kissed Florida Dream Fell Apart - - Property In Florida: How The Sun - Money


Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk


Property in Florida: How the sun-kissed Florida dream fell apart
Telegraph.co.uk, United Kingdom - Mar 7, 2008
Now hundreds of Britons who have bought in Florida are left out of pocket. Catherine Moye investigates Turn the clock back four or five years to Florida's ...
Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk
As cautionary tales go, his takes some beating - and it offers a salutory lesson to anyone tempted to invest in the latest "property hotspot", whether in the US or anywhere else. At the height of the 2004 boom, he found himself in Florida and decided that it was the place to invest. At the end of January, David Weiker and Larry Maloney, a former president and board member of Platinum Properties, were arrested and charged with organised fraud and other offences. Back then, Britons returning from Orlando were just as likely to have bought a holiday home as a Mickey Mouse corkscrew. Boom and bust: the attractions of Florida in the days when all seemed rosyDevelopers' flags flew in such abundance along all the main tributaries of Interstate 4 that drivers felt like victorious emperors returning from battle. Catherine Moye investigates Property overseas homepage Telegraph Homes Abroad: Free overseas property seminars Turn the clock back four or five years to Florida's boom years in 2003 and 2004. He bought a three-bedroom, Mediterranean-style villa at Winslow Estates, a development that a company called Platinum Properties was selling off-plan.The company's name conjures up the prospect of gorgeous mansions with shimmering swimming pools. His Floridian villa does not exist, nor is it ever likely to. Hundreds of British investors have lost millions of dollars and are now trapped in litigation of Byzantine complexity.A serious criminal investigation is now under way. In 1994, he persuaded investors to part with money for a "themed" $25million residential community he was to build on 1,200 acres of undeveloped land. Maloney, who was removed from the board in October 2005, made the accusations in a 2006 lawsuit filed in Lake County Court against Platinum. Nor are any of the 600 homes Platinum Properties sold off-plan to largely British investors at its Winslow Estates, Millbrook Manor and Citrus Gardens sites. Not that there appears to have been a lot for them to do. Now hundreds of Britons who have bought in Florida are left out of pocket. Platinum Properties stood for nothing but three wastelands used for waste-tipping by local builders who were constructing houses nearby. Take Paul Ream, from Fleet in Hampshire. The $24million of down payments paid to Platinum, whose boss is former time-share salesman, David N. The community was never built, much of investors' money went on business expenses, and the company was later dissolved. The queue to purchase at developments within the mythical 15-minute drive from Walt Disney World surpassed that at the playground's Space Mountain ride. There's just no truth to it." Maloney has not commented.The two men have links that go back a long way. Weiker spent a further $2.5million in employee salaries, appointing both his wife, Irene Weiker, and his son, David Weiker Jnr, to Platinum's board. Weiker denied the allegations and Maloney later worked for the company again, as a partner. Weiker has described the charges as "bogus": "None of it is true. Weiker, who has recently filed for personal bankruptcy for the third time, has a history of irregular business dealings.

Retire To The Sun - Property Buyers Purchase All Over The World - House


Property buyers purchase all over the world - Retire to the Sun


Property buyers purchase all over the world
Retire to the Sun, UK - Mar 4, 2008
The Association of International Property Professionals (AIPP) revealed that during 2007, more than a quarter of Britons who purchased abroad bought a house ...
Property buyers purchase all over the world - Retire to the Sun

Mortgage Solutions - Foreign Affairs - House


Foreign affairs - Mortgage Solutions


Foreign affairs
Mortgage Solutions, UK - Mar 25, 2008
In the past decade, an increasing number of Britons have turned their attentions overseas and have invested in property, not only in popular European ...
Foreign affairs - Mortgage Solutions
Although France is not far behind (27%), with Italy and Portugal next in line. As in the UK, the best approach is to use a reputable local architect and builder to oversee such projects.Many people also buy new build properties off-plan. Banks in Spain will not lend on property without an Escritura, so it pays for clients to use the services of a professional local lawyer. Building permits are granted at the local town hall. But most of us in the UK do not understand the language or taxes of a foreign market. Buying off-plan differs from buying an existing property and there are a number of factors the client will need to consider. Even the Baltic States, which have seen house prices soar by 200% between 2000 and 2006, saw early-year price rises wiped out in 2007, especially in Estonia and Latvia.Potential opportunitiesHowever, as with all housing markets, there are opportunities as well as risks. Fines for unregulated building work have risen to a level that acts as a serious deterrent. For example, a common trap has been for cash buyers not to obtain a full title deed, or Escritura, and then discover they do not own quite as much land as they thought they did. Halifax's latest monthly survey shows that prices fell across the UK again in February, taking the annual rate of house price inflation down from 4.5% to 4.3%. Historically, the Spanish have paid scant regard to planning regulations, but this has changed. In Cyprus, for example, the maximum loan-to-value is usually between 60% and 80%, whereas in Bulgaria, Turkey and Switzerland it is 75%. Jacobides Professor of Strategic and International Management London Business School Mortgage Funding – achallenging market! Many thousands of investors bitten by the buy-to-let bug in the past 10 years have decided to cast their nets further and look for better returns and stronger capital growth overseas. More recently, Eastern block countries such as Poland have also started to rise in popularity.The reason for this foreign exodus happened well before the current situation of stagnating UK house prices and a slowing economy. Once a property has been purchased, the client might want to make alterations, such as building a swimming pool – 75% of potential Spanish property buyers consider swimming pools an essential extra. The client will only own the property once it has been completed. The greater availability and reduced cost of short-haul flights has also fuelled interest in foreign property ownership. The ideal solution for most clients is to have legal representation in the country in which they are purchasing property, but finding a reputable solicitor can be a problem when they have nothing to go on.What sort of legal problems can arise? There are also issues such as local tax laws and CGT to be considered.The key issue for financial advisers is that owning a property abroad remains an ambition for thousands of UK homeowners and therefore represents a potentially lucrative market. This has been a particular problem in the Valencia region.The Escritura legally defines the bounds of a property and the size of buildings on it, and specifies the sale value, which governs the amount of CGT to be paid when the property is eventually sold.

The Press Association - Bulgaria 'Best For Bargains' - Money


Bulgaria 'best for bargains' - The Press Association


Bulgaria 'best for bargains'
The Press Association - Mar 9, 2008
Britons bound for Bulgaria will get the best bargains, according to a value-for-money holiday survey. Visitors to the eastern European country can get a ...
Bulgaria 'best for bargains' - The Press Association

- Naked Britons Ski In Bulgaria's Borovets Winter Resort - Nightlife


Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg


Naked Britons Ski in Bulgaria's Borovets Winter Resort
Hовини.bg, Bulgaria - Mar 15, 2008
UK citizens from a British ski club had ski naked on a ski run in Borovets mountain resort in Bulgaria. They stated that thanks to their strange action they ...
Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg

This Is Money - Will House Prices In Spain Fall Further? - House


Will house prices in Spain fall further? - This is Money

money.co.uk/i/pix/2008/03/spainvilla_203x150.jpg width=80 height=59 alt="" border=1>
This is Money

Will house prices in Spain fall further?
This is Money, UK - Mar 28, 2008
The changing of the clocks this weekend traditionally marks the beginning of the foreign buying season, when Britons trawl estate agents' websites, ...
Will house prices in Spain fall further? - This is Money
<strong>house</strong>,A row of terraced <strong>house</strong>s
According to the Spanish ministry of development, planning approvals fell by 25% in 2007. Don't miss our investigationsJoin the fightbackHow to reclaim mortgage feesThis is Money shows you exactly how to reclaim mortgage fees and other chargesEndowmentsFix your endowment messIf your stock market endowment has failed, don't despair. Fuerteventura and Lanzarote saw particularly big drops of up to 30% each.But another 14 locations have enjoyed rises. He says there have been problems in Spain, but they do not apply to every part of the country.'Spain as a whole has been one of the stronger performers in recent months. In other words the markets have more faith in the economies of Spain and Italy than they do in the United Kingdom. Its called catching a falling knife?- David, BarkerBudget airline will soon be a thing of the past. Now ain't that saying something!- Kat, BedsWhy buy now when the market is heading downward. On this basis, today's reduced asking prices represent real bargains � and potential gains if prices bounce back again.Golden rule number three is that you shouldn't simply look at bottom line prices, but should calculate a property's cost per square metre. Our Spanish property dream is in ruins Buying property abroad: Austria Overseas property hotspots for 2008 MOVING MONEY ABROAD There's a cheaper alternative to banks when moving money abroad. Residential prices, for example, rose by almost 5% during 2007,' he says. The exchange rate has moved around 11% since August. The worry is whether the Spanish market is at its lowest ebb or whether there are more price falls on the horizon.The uncertainty is forcing buyers to think more carefully about what they want, where they buy it and for how much. There is no doubt that the Spanish property market has turned sharply. They say many of these have well-developed facilities and usually attract high values. This means a British buyer will pay around £8,000 more for a property worth £80,000,' says Peter Ellis of Foreign Currency Direct, a foreign exchange firm.On the upside, it is easier to buy your dream home in Spain at a good price. WANT TO KNOW MORE?Property abroad: SpainA Spanish property dream in ruinsPart-ex deals for Spanish homes'My Costa catastrophe'Don't miss: The European house price boom 'is over' OTHER STORIES The European house price boom 'is over' Can I reclaim credit card villa deposit? We answer the question on everyone's lipsInvestigationBeware of property seminarsThey claim buy-to-let is a sure road to riches. What will happen to house prices in 2008? Will house prices in Spain fall further?

3/28/08

Daily Mail - Foreign Workers Take Almost Nine In 10 New British Jobs, According ... - Money


Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail


Daily Mail

Foreign workers take almost nine in 10 new British jobs, according ...
Daily Mail, UK - Mar 4, 2008
The manufacturing trade has seen a drop of 1.4million Britons in employment and an increase of 113000 foreign-born workers. Shadow Home Secretary David ...
Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail
But despite her success in Hollywood Naomie Harris is still barely recognised in BritainHow I dismissed therapy as hokum ... But now he's in hiding, amid claims of mislaid money, heroin in church ... But she wasn't the only one attracting attention after one of her husband's female ministers flashed too much cleavage at dinner with the Queen� My wonderful Carla didn't put me in the shade, says an emotional president � Ou est Gordon? But the scale of immigration has proved to be 15 times greater.In 2007, another 214,510 eastern Europeans registered to work in Britain, equal to 600 arrivals a day. Eastern European immigrants can claim benefits after working here for 12 months - including child benefit for children who have stayed with relatives back in their home countries. How other celebrities will look with Amy's scabby skinThe state of her skin is shocking. In the last 12 months, the cost of paying benefits to the newcomers has more than doubled to an estimated £170million a year, with 145,000 immigrants now claiming state handouts. Local authorities in some areas have warned that public services such as schools are coming under intense strain. Moss has a late-night wardrobe malfunctionKate ventured out with Jamie in a striped tunic that looked superstylish from the front... Mr Davis said the arrival of so many immigrants meant that "our housing and public service infrastructure have come under severe pressure with local authorities and council tax payers having to shoulder the burden". The Government predicted 13,000 arrivals a year when opting to open Britain's labour markets to millions of new EU citizens - while most other countries imposed restrictions. The Home Office acknowledges that benefits claims are increasing but insists they "remain low". The numbers in receipt of benefits more than doubled last year, rising by 109 per cent in 12 months to 145,000. UK business leaders said employers will continue to welcome the new arrivals because their work ethic is "so much better than domestic workers" who suffer from a "skills shortage and increasing welfare dependency". Why not be the first to send us your thoughts?

Country Life - Billions Spent On Houses Abroad - House


Billions spent on houses abroad - Country Life


Billions spent on houses abroad
Country Life, UK - Mar 3, 2008
... bumping Bulgaria down a spot. ‘Some might be surprised to hear that Spain still is number one as the primary destination for Britons buying abroad as ...
Billions spent on houses abroad - Country Life
British buyers obtained more than 240,000 homes, an increase of 21% on 2006, says a new report. For more information, please refer to the social bookmarking websites. Publishing only verified numbers makes this report the most reliable source of information in the industry, claims the AIPP. Search for prime property for sale abroadThe figures reveal the enduring appeal of established destinations with 25.4% of British property purchases abroad in Spain, followed by France, slightly down at 17%. Social bookmarking allows you to easily share things you find on the web with other Internet users. Some of these services may require you to have an account in order to post a link. The figures in this report are for completed property transactions only and not for deposits paid. These are links to social bookmarking and community websites.

Kissed Florida Dream Fell Apart - - Property In Florida: How The Sun - Money


Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk


Property in Florida: How the sun-kissed Florida dream fell apart
Telegraph.co.uk, United Kingdom - Mar 7, 2008
Now hundreds of Britons who have bought in Florida are left out of pocket. Catherine Moye investigates Turn the clock back four or five years to Florida's ...
Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk
As cautionary tales go, his takes some beating - and it offers a salutory lesson to anyone tempted to invest in the latest "property hotspot", whether in the US or anywhere else. At the height of the 2004 boom, he found himself in Florida and decided that it was the place to invest. At the end of January, David Weiker and Larry Maloney, a former president and board member of Platinum Properties, were arrested and charged with organised fraud and other offences. Back then, Britons returning from Orlando were just as likely to have bought a holiday home as a Mickey Mouse corkscrew. Boom and bust: the attractions of Florida in the days when all seemed rosyDevelopers' flags flew in such abundance along all the main tributaries of Interstate 4 that drivers felt like victorious emperors returning from battle. Catherine Moye investigates Property overseas homepage Telegraph Homes Abroad: Free overseas property seminars Turn the clock back four or five years to Florida's boom years in 2003 and 2004. He bought a three-bedroom, Mediterranean-style villa at Winslow Estates, a development that a company called Platinum Properties was selling off-plan.The company's name conjures up the prospect of gorgeous mansions with shimmering swimming pools. His Floridian villa does not exist, nor is it ever likely to. Hundreds of British investors have lost millions of dollars and are now trapped in litigation of Byzantine complexity.A serious criminal investigation is now under way. In 1994, he persuaded investors to part with money for a "themed" $25million residential community he was to build on 1,200 acres of undeveloped land. Maloney, who was removed from the board in October 2005, made the accusations in a 2006 lawsuit filed in Lake County Court against Platinum. Nor are any of the 600 homes Platinum Properties sold off-plan to largely British investors at its Winslow Estates, Millbrook Manor and Citrus Gardens sites. Not that there appears to have been a lot for them to do. Now hundreds of Britons who have bought in Florida are left out of pocket. Platinum Properties stood for nothing but three wastelands used for waste-tipping by local builders who were constructing houses nearby. Take Paul Ream, from Fleet in Hampshire. The $24million of down payments paid to Platinum, whose boss is former time-share salesman, David N. The community was never built, much of investors' money went on business expenses, and the company was later dissolved. The queue to purchase at developments within the mythical 15-minute drive from Walt Disney World surpassed that at the playground's Space Mountain ride. There's just no truth to it." Maloney has not commented.The two men have links that go back a long way. Weiker spent a further $2.5million in employee salaries, appointing both his wife, Irene Weiker, and his son, David Weiker Jnr, to Platinum's board. Weiker denied the allegations and Maloney later worked for the company again, as a partner. Weiker has described the charges as "bogus": "None of it is true. Weiker, who has recently filed for personal bankruptcy for the third time, has a history of irregular business dealings.

Retire To The Sun - Property Buyers Purchase All Over The World - House


Property buyers purchase all over the world - Retire to the Sun


Property buyers purchase all over the world
Retire to the Sun, UK - Mar 4, 2008
The Association of International Property Professionals (AIPP) revealed that during 2007, more than a quarter of Britons who purchased abroad bought a house ...
Property buyers purchase all over the world - Retire to the Sun

The Press Association - Bulgaria 'Best For Bargains' - Money


Bulgaria 'best for bargains' - The Press Association


Bulgaria 'best for bargains'
The Press Association - Mar 9, 2008
Britons bound for Bulgaria will get the best bargains, according to a value-for-money holiday survey. Visitors to the eastern European country can get a ...
Bulgaria 'best for bargains' - The Press Association

Mortgage Solutions - Foreign Affairs - House


Foreign affairs - Mortgage Solutions


Foreign affairs
Mortgage Solutions, UK - Mar 25, 2008
In the past decade, an increasing number of Britons have turned their attentions overseas and have invested in property, not only in popular European ...
Foreign affairs - Mortgage Solutions
Although France is not far behind (27%), with Italy and Portugal next in line. As in the UK, the best approach is to use a reputable local architect and builder to oversee such projects.Many people also buy new build properties off-plan. Banks in Spain will not lend on property without an Escritura, so it pays for clients to use the services of a professional local lawyer. Building permits are granted at the local town hall. But most of us in the UK do not understand the language or taxes of a foreign market. Buying off-plan differs from buying an existing property and there are a number of factors the client will need to consider. Even the Baltic States, which have seen house prices soar by 200% between 2000 and 2006, saw early-year price rises wiped out in 2007, especially in Estonia and Latvia.Potential opportunitiesHowever, as with all housing markets, there are opportunities as well as risks. Fines for unregulated building work have risen to a level that acts as a serious deterrent. For example, a common trap has been for cash buyers not to obtain a full title deed, or Escritura, and then discover they do not own quite as much land as they thought they did. Halifax's latest monthly survey shows that prices fell across the UK again in February, taking the annual rate of house price inflation down from 4.5% to 4.3%. Historically, the Spanish have paid scant regard to planning regulations, but this has changed. In Cyprus, for example, the maximum loan-to-value is usually between 60% and 80%, whereas in Bulgaria, Turkey and Switzerland it is 75%. Jacobides Professor of Strategic and International Management London Business School Mortgage Funding – achallenging market! Many thousands of investors bitten by the buy-to-let bug in the past 10 years have decided to cast their nets further and look for better returns and stronger capital growth overseas. More recently, Eastern block countries such as Poland have also started to rise in popularity.The reason for this foreign exodus happened well before the current situation of stagnating UK house prices and a slowing economy. Once a property has been purchased, the client might want to make alterations, such as building a swimming pool – 75% of potential Spanish property buyers consider swimming pools an essential extra. The client will only own the property once it has been completed. The greater availability and reduced cost of short-haul flights has also fuelled interest in foreign property ownership. The ideal solution for most clients is to have legal representation in the country in which they are purchasing property, but finding a reputable solicitor can be a problem when they have nothing to go on.What sort of legal problems can arise? There are also issues such as local tax laws and CGT to be considered.The key issue for financial advisers is that owning a property abroad remains an ambition for thousands of UK homeowners and therefore represents a potentially lucrative market. This has been a particular problem in the Valencia region.The Escritura legally defines the bounds of a property and the size of buildings on it, and specifies the sale value, which governs the amount of CGT to be paid when the property is eventually sold.

- Naked Britons Ski In Bulgaria's Borovets Winter Resort - Guide


Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg


Naked Britons Ski in Bulgaria's Borovets Winter Resort
Hовини.bg, Bulgaria - Mar 15, 2008
UK citizens from a British ski club had ski naked on a ski run in Borovets mountain resort in Bulgaria. They stated that thanks to their strange action they ...
Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg

3/27/08

Daily Mail - Foreign Workers Take Almost Nine In 10 New British Jobs, According ... - Buying Property


Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail


Daily Mail

Foreign workers take almost nine in 10 new British jobs, according ...
Daily Mail, UK - Mar 4, 2008
The manufacturing trade has seen a drop of 1.4million Britons in employment and an increase of 113000 foreign-born workers. Shadow Home Secretary David ...
Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail
But can a 'real' woman carry off the look with such confidence and aplomb? But the scale of immigration has proved to be 15 times greater.In 2007, another 214,510 eastern Europeans registered to work in Britain, equal to 600 arrivals a day. Eastern European immigrants can claim benefits after working here for 12 months - including child benefit for children who have stayed with relatives back in their home countries. How a polite Serb father-of-two living in Corby is accused of being a barbaric war criminalTo his neighbours in the Midlands town of Corby, he was a simple family man who went to church every Sunday. In the last 12 months, the cost of paying benefits to the newcomers has more than doubled to an estimated £170million a year, with 145,000 immigrants now claiming state handouts. Local authorities in some areas have warned that public services such as schools are coming under intense strain. Mr Davis said the arrival of so many immigrants meant that "our housing and public service infrastructure have come under severe pressure with local authorities and council tax payers having to shoulder the burden". Poor Camilla looked like a pheasant crash-landed on her headDemure as a virgin bride, Mrs Sarkoxy arrived in Britain with an oh-so-chic hat perched on her gently curling hair. The Government predicted 13,000 arrivals a year when opting to open Britain's labour markets to millions of new EU citizens - while most other countries imposed restrictions. The Home Office acknowledges that benefits claims are increasing but insists they "remain low". The numbers in receipt of benefits more than doubled last year, rising by 109 per cent in 12 months to 145,000. UK business leaders said employers will continue to welcome the new arrivals because their work ethic is "so much better than domestic workers" who suffer from a "skills shortage and increasing welfare dependency". Why not be the first to send us your thoughts? You should see the ones I didn't publish, says photographerSelf-styled snob who claimed his only failure in life was a B-grade GCSE is first to be fired from The ApprenticeHe boasted that his only failure in life had been getting a B-grade in one of his GCSEs.

Country Life - Billions Spent On Houses Abroad - House


Billions spent on houses abroad - Country Life


Billions spent on houses abroad
Country Life, UK - Mar 3, 2008
... bumping Bulgaria down a spot. ‘Some might be surprised to hear that Spain still is number one as the primary destination for Britons buying abroad as ...
Billions spent on houses abroad - Country Life
British buyers obtained more than 240,000 homes, an increase of 21% on 2006, says a new report. For more information, please refer to the social bookmarking websites. Publishing only verified numbers makes this report the most reliable source of information in the industry, claims the AIPP. Search for prime property for sale abroadThe figures reveal the enduring appeal of established destinations with 25.4% of British property purchases abroad in Spain, followed by France, slightly down at 17%. Social bookmarking allows you to easily share things you find on the web with other Internet users. Some of these services may require you to have an account in order to post a link. The figures in this report are for completed property transactions only and not for deposits paid. These are links to social bookmarking and community websites.

Kissed Florida Dream Fell Apart - - Property In Florida: How The Sun - Money


Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk


Property in Florida: How the sun-kissed Florida dream fell apart
Telegraph.co.uk, United Kingdom - Mar 7, 2008
Now hundreds of Britons who have bought in Florida are left out of pocket. Catherine Moye investigates Turn the clock back four or five years to Florida's ...
Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk
As cautionary tales go, his takes some beating - and it offers a salutory lesson to anyone tempted to invest in the latest "property hotspot", whether in the US or anywhere else. At the height of the 2004 boom, he found himself in Florida and decided that it was the place to invest. At the end of January, David Weiker and Larry Maloney, a former president and board member of Platinum Properties, were arrested and charged with organised fraud and other offences. Back then, Britons returning from Orlando were just as likely to have bought a holiday home as a Mickey Mouse corkscrew. Boom and bust: the attractions of Florida in the days when all seemed rosyDevelopers' flags flew in such abundance along all the main tributaries of Interstate 4 that drivers felt like victorious emperors returning from battle. Catherine Moye investigates Property overseas homepage Telegraph Homes Abroad: Free overseas property seminars Turn the clock back four or five years to Florida's boom years in 2003 and 2004. FEATURESThe new Diana?Will Carla Bruni become France's Queen of Hearts?PROPERTYPimp your home 50 ways to improve your home, from the property experts. He bought a three-bedroom, Mediterranean-style villa at Winslow Estates, a development that a company called Platinum Properties was selling off-plan.The company's name conjures up the prospect of gorgeous mansions with shimmering swimming pools. His Floridian villa does not exist, nor is it ever likely to. Hundreds of British investors have lost millions of dollars and are now trapped in litigation of Byzantine complexity.A serious criminal investigation is now under way. In 1994, he persuaded investors to part with money for a "themed" $25million residential community he was to build on 1,200 acres of undeveloped land. Maloney, who was removed from the board in October 2005, made the accusations in a 2006 lawsuit filed in Lake County Court against Platinum. Nor are any of the 600 homes Platinum Properties sold off-plan to largely British investors at its Winslow Estates, Millbrook Manor and Citrus Gardens sites. Not that there appears to have been a lot for them to do. Now hundreds of Britons who have bought in Florida are left out of pocket. Platinum Properties stood for nothing but three wastelands used for waste-tipping by local builders who were constructing houses nearby. Take Paul Ream, from Fleet in Hampshire. The $24million of down payments paid to Platinum, whose boss is former time-share salesman, David N. The community was never built, much of investors' money went on business expenses, and the company was later dissolved. The queue to purchase at developments within the mythical 15-minute drive from Walt Disney World surpassed that at the playground's Space Mountain ride. There's just no truth to it." Maloney has not commented.The two men have links that go back a long way. Weiker spent a further $2.5million in employee salaries, appointing both his wife, Irene Weiker, and his son, David Weiker Jnr, to Platinum's board. Weiker denied the allegations and Maloney later worked for the company again, as a partner. Weiker has described the charges as "bogus": "None of it is true. Weiker, who has recently filed for personal bankruptcy for the third time, has a history of irregular business dealings.

Retire To The Sun - Property Buyers Purchase All Over The World - House


Property buyers purchase all over the world - Retire to the Sun


Property buyers purchase all over the world
Retire to the Sun, UK - Mar 4, 2008
The Association of International Property Professionals (AIPP) revealed that during 2007, more than a quarter of Britons who purchased abroad bought a house ...
Property buyers purchase all over the world - Retire to the Sun

The Press Association - Bulgaria 'Best For Bargains' - Money


Bulgaria 'best for bargains' - The Press Association


Bulgaria 'best for bargains'
The Press Association - Mar 9, 2008
Britons bound for Bulgaria will get the best bargains, according to a value-for-money holiday survey. Visitors to the eastern European country can get a ...
Bulgaria 'best for bargains' - The Press Association

Mortgage Solutions - Foreign Affairs - House


Foreign affairs - Mortgage Solutions


Foreign affairs
Mortgage Solutions, UK - Mar 25, 2008
In the past decade, an increasing number of Britons have turned their attentions overseas and have invested in property, not only in popular European ...
Foreign affairs - Mortgage Solutions
Although France is not far behind (27%), with Italy and Portugal next in line. As in the UK, the best approach is to use a reputable local architect and builder to oversee such projects.Many people also buy new build properties off-plan. Banks in Spain will not lend on property without an Escritura, so it pays for clients to use the services of a professional local lawyer. Building permits are granted at the local town hall. But most of us in the UK do not understand the language or taxes of a foreign market. Buying off-plan differs from buying an existing property and there are a number of factors the client will need to consider. Even the Baltic States, which have seen house prices soar by 200% between 2000 and 2006, saw early-year price rises wiped out in 2007, especially in Estonia and Latvia.Potential opportunitiesHowever, as with all housing markets, there are opportunities as well as risks. Fines for unregulated building work have risen to a level that acts as a serious deterrent. For example, a common trap has been for cash buyers not to obtain a full title deed, or Escritura, and then discover they do not own quite as much land as they thought they did. Halifax's latest monthly survey shows that prices fell across the UK again in February, taking the annual rate of house price inflation down from 4.5% to 4.3%. Historically, the Spanish have paid scant regard to planning regulations, but this has changed. In Cyprus, for example, the maximum loan-to-value is usually between 60% and 80%, whereas in Bulgaria, Turkey and Switzerland it is 75%. Jacobides Professor of Strategic and International Management London Business School Mortgage Funding – achallenging market! Many thousands of investors bitten by the buy-to-let bug in the past 10 years have decided to cast their nets further and look for better returns and stronger capital growth overseas. More recently, Eastern block countries such as Poland have also started to rise in popularity.The reason for this foreign exodus happened well before the current situation of stagnating UK house prices and a slowing economy. Once a property has been purchased, the client might want to make alterations, such as building a swimming pool – 75% of potential Spanish property buyers consider swimming pools an essential extra. The client will only own the property once it has been completed. The greater availability and reduced cost of short-haul flights has also fuelled interest in foreign property ownership. The ideal solution for most clients is to have legal representation in the country in which they are purchasing property, but finding a reputable solicitor can be a problem when they have nothing to go on.What sort of legal problems can arise? There are also issues such as local tax laws and CGT to be considered.The key issue for financial advisers is that owning a property abroad remains an ambition for thousands of UK homeowners and therefore represents a potentially lucrative market. This has been a particular problem in the Valencia region.The Escritura legally defines the bounds of a property and the size of buildings on it, and specifies the sale value, which governs the amount of CGT to be paid when the property is eventually sold.

- Naked Britons Ski In Bulgaria's Borovets Winter Resort - British Citizens


Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg


Naked Britons Ski in Bulgaria's Borovets Winter Resort
Hовини.bg, Bulgaria - Mar 15, 2008
UK citizens from a British ski club had ski naked on a ski run in Borovets mountain resort in Bulgaria. They stated that thanks to their strange action they ...
Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg

3/25/08

Labour Restrictions - Debate Europe :: View Topic - Flat

Debate Europe :: View topic - Labour restrictions


After 35 years she'll have earned €672 000. And I agree with mdv_32, the Rumanains and Bulgarians head west to live off our taxes. But sometimes the differences are even starker than this. But this is precisely what is happening today to around half of all working people in Europe.Allow me to explain. Dont exist EQUAL treatment for every EU citizen ! For example, the idea that someone can be cheated out of enough money, quite literally, to buy a car or even a flat. For example-Bulgaria,one country with rich 13 centuries history and culture..one state who is from date 681y. Germany) is going to pay the import tariffs for if they can get for cheaper e.g. I have a personal interest in such action - especially since I now know that the financial shortfall for women, over a whole career, can be a small fortune. Impossible to be calculate-by this reason you dont have data there?Or reality there is so terrible? Leaving the EU is not just devastating for businesses including small and medium sized ones for the reasons I already mentioned both in this forum and in the "Future of Europe" forum, but also for the rotterdam habour. Ok,hmmm....he is Commissioner of Employment...or this is just some good paid honorary title?Where is the activity to this "new" part of EU?? On average, women in Europe earn 15% less than men. Only the UK, Sweden and Ireland had an open door policy for the A8, so now we (in the UK) have been swamped by Poles, Bulgarians and Rumanians. Over the same period, the earnings of her male colleague working as storekeeper in the same super market, 15% higher every month, will amount to €772 800 – a difference of €100 800. Really you have problems in your countries where you lived?Admit that dont exist equal treatment!And blind people look and understand this.Only stupid,deluded and dishonest persons can to reject this reality! Recently, out of interest, I sat down and worked out what this means in concrete terms. Take a shop assistant earning a net monthly salary of €1 000, which goes up by €200 every five years. There are many reasons for this, and we address some of them in our latest paper on pay differentials between the sexes, issued on 18 July last. They have nothing to offer except crimal gangs and and beggars.Most sensible countires in the EU closed their borders to the A8, so we got them all, all 2 million plus of them. This will easily buy our shop assistant a nice little flat somewhere or a luxury car............Of course, this is just a simplified example – reality is far more complex. What is the Netherlands going to do with an empty harbour for which no other country (e.g. Why you welcome Bulgaria,Romania..other post communistic country then?! Yes,such things make many people in described situation really mad...(They dont can to calculate this terrible loses for all us in this new EU part...

Real Estate Investment. Buy Sale Cheap ... RE/MAX Bulgaria Property - Sofia

RE/MAX Bulgaria Property Real Estate Investment. Buy sale cheap ...


Association ?f International Property Professionals (AIPP), said ?f Bulgaria: "A lot ?f people have already brought there. Britain in particular, you don't feel like you ?r? Bulgaria's capital, Sofia, with their dog Peluche in 2004.Mrs Goodall said they intend staying."Bulgarian people ?r? Federation ?f Overseas Property Developers, advised caution ?b?ut buying in Romania, after it w?s portrayed ?s ? I w?s gobsmacked wh?n I first went there," he added. In beach resortIn fishing areaIn hunting areaIn mountainIn ski resortIn spa resortIn the countrysideIn townNear beach resortNear golf areaNear spa resortNear the seaNear the ski resortOn the sea Country ... It is absolutely stunningGraham RobinsonHe said ? Mrs Goodall said: "It means security. RE/MAX Bulgaria Property Real Estate Investment.

Building Plot In Banj - Banj - Special Bulgarian Properties - House

Special Bulgarian Properties - Building Plot in Banj - Banj


Most of the British tourists prefer to come to Bulgaria for spending their holiday. Read More 450,000 Britons Enjoy BulgariaAbout 450,000 UK nationals visit Bulgaria every year, Kingdom's Ambassador Jeremy Hill said, cited by 24 chasa daily. Read More EasyJet in BulgariaBritish no frills airline EasyJet, which is considered to be the second-biggest low fare airline company after Ryanair, will start flights from Sofia to London this autumn. Read More Gardens Group to invest 440 mln euro in 5 housing projects in Bulgaria21 September 2007, FridayGardens Group has announced plans to pump 440 mln euro into five residential developments in Bulgaria.Local subsidiary Bistritza Gardens Ltd. The plot itself has mineral water and only 4 km. Thursday broke ground for the group's second residential compound of the same name estimated to cost 9.2 mln euro. Wonderful view to the lake, the city and the forest from above.View DetailsIt is traditional Bulgarian house situated near the mountains in Dlajka Poliana, 15 km away from Omurtag and about 10 km away from the main road Sofia – Varna.

New British Citizens Take Vow On St ... Pembrokeshire County Council - Buying Property

Pembrokeshire County Council, New British Citizens take vow on St ...


Caption Pictured are the new citizens and invited dignitaries, together with Superintendent Registrar Barbara Eynon, Council Chairman Councillor Bill Roberts, and Mrs Caroline Roberts. The pupils then entertained the guests to a very high standard with various musical items, and led the singing of the Welsh and British National Anthems.� Local dignitaries, representing the communities where the new citizens live, were also invited.

Holiday Apartment For Sale, Burgas ... Studio Open Plan Apartment - Move

Studio Open plan apartment Holiday apartment For sale, Burgas ...


A person must be at least 23 years old to be considered eligible and the age plus the loan period shouldn't exceed 65 years. After it equal monthly installments during the loan term are paid. Afterwards we will arrange for you the viewing of properties you may be interested in at any time convenient to you. Bathroom and WC - faience and terracotta tiles.The room is for sale completely furnished - double and single bed, TV, refrigerator, air-conditioner, etc. Finishing works: Laminated flooring in the room. For the first year the interest rate is 1.5% or 5.9% for the first 3 years. However, if the acquired property is a plot, a local citizen should acquire a property. III.In the old Art.22 there was an obligation for foreigners, who have acquired land by inheritance, to alienate it within 3 years of the acquisition. In case of overdue payments the bank charges a penalty interest rate. In view of this aim, the Commission shall present a report before the Council. Mirela Real Estate agency has a partnership with leading Bulgarian Banks based on a licensed contract, by the force of which we represent them, a sign of respect and trust. Mirela Real Estate Agency is in partnership with companies that offer complete line of furnishing services including ready set furniture packages that meet the requirements of the rental management companies. Our credit specialists offer consulting services to our foreign clients and this service is free. Such citizens and legal entities can acquire ownership of land by virtue of an international treaty, ratified, promulgated and entered into force for the Republic of Bulgaria. The applicant's income should be 1.50 times the monthly installments. The application fee is Eur 50 and the management fee is 2%. The bank has an application fee of BGN 20 and an administration fee of 0.5%. The maximum term is 240 months with a loan purpose - acquisition of a real estate.There is an option of a period when the borrower pays only interest which may be up to 12, 24 or 36 months. The minimum amount of the credit is Eur 7500, the maximum is Eur 250 000 for a period of up to 20 years. The prepayment fee is 5%.First Investment bank Every able local or foreign citizen is considered an eligible borrower. The regulation, however, still exists in Art.29, para.2 of the Ownership Act. The time period of this limitation is 5 years, i.e. Thepremise comprises a room, a bathroom and WC and a balcony. There are no limits concerning the maximum loan amount. There is a standard interest rate for the rest of the loan period which is 6.5%. This limitation is planned to be cancelled with the changes in the Ownership Act, and thus a restriction will remain only in relation to the acquisition of agricultural land and forests. This regulation is valid as of 01.01.2007 and there is no hypothesis for amendment within a certain time period. We, at Mirela Real Estate agency will be more than happy to organize your viewing trip to Bulgaria.Before you come to Bulgaria we can organize or recommend a number of hotels providing accommodation.On arrival you will be greeted by a friendly and highly trained representative. You can read more on the fees and charges on their website.

Of Sofia, In Borovo, Blvd Bulgaria Office For Rent, City - House

Office For rent, city of Sofia, in Borovo, Blvd Bulgaria


A limited company must file an annual report by the 31 March. All other real estate transactions are subject to VAT at the uniform rate of 20% (will be changed after Nulgaria joins to EU). However, you still must submit company accounts to the Companies' House Register in Bulgaria every year to satisfy the authorities that the company was not trading. If you are investing in Bulgaria, as a non-resident property owner, you can be liable for the following taxes: Property Purchase TaxThe purchased property will be subject to a notary and a municipal tax. If you incorporated a limited company to purchase a house or land, then there will be no tax liability, as the company was not trading. If you own a company in Bulgaria, note that in January 2005 the rate of income tax for a corporation in Bulgaria was reduced from 19.5% to 15%. In addition to this tax, owners also pay a waste-collection tax. In addition, 2% of the market value of the property is paid as a municipal tax. Only Bulgarian-resident individuals and entities can acquire title to land, while non-residents may acquire only buildings and limited rights (e.g., leasehold and construction rights) to land. Rates vary and are typically less than 1%. The amount of tax payable is usually about GBP30 per year for rural property and about GBP100 per year for apartments in city centers.Tax On Rental IncomeThis is subject to a 15% withholding tax after deducting allowable expenses such as mortgage interest etc. The buyer/lessee is entitled to a VAT refund, provided it is registered for VAT purposes.Corporation TaxAs some property interests in Bulgaria cannot be held directly by foreigners, buying through a local Bulgarian company is recommended. The current annual tax rate for a house is 0.15% of the tax evaluation ( the value of the property as estimated by the state body) of the property. The notary tax is paid on the higher of the market price or the book value of the property. The rate depends on the location and size of the dwelling. The tax year in Bulgaria ends on the 31 December. This money goes to the municipality in which the property is situated. You pay these taxes after you have signed the notary deed.Annual Property TaxAll property owners in Bulgaria pay an annual property tax.

Template Design | Elque 2007