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by OP-Mall on Tuesday, February 24th, 2009 in Billionaire Homes, Buying Property, London Property, Luxury Property, Monaco Property, Moscow Property, Mumbai Property, New York Property, Property in Paris, Rome Property, Singapore Property, Tokyo Property
Provided you have the spare cash-flow and fancy a spot of sea change, then you might like to invest into a second home somewhere more exciting and away from home. But with investment usually comes cost and lifestyle change and we wonder, if it is really worth it?
Only those who have taken the plunge know this with certainty, for all others you can dream on by looking at the world’s most expensive cities to own a home. Compiled by the guys from Global Property Guide.
by OP-Mall on Thursday, September 18th, 2008 in Belgium Property, Italy Property
It’s been a while since we posted a Property Grand Prix post here. We lost track of time and in the meantime so much has happened, including the amazing win of Germany’s Vettel as the youngest driver ever to grace the podium.
To recap what we missed out on let’s start with the Belgium Grand Prix. As the seasons thirteenth race, the race started out on a drying track before late rain caused chaos. Brit Hamilton finished first after a he overtook Kimi Raikkonen only two laps from the finish line. To make matters worse for the Fin, he crashed his car shortly after. Ironically, Hamilton received a drive-through penalty for cutting a chicane (which was changed to a 25 second penalty because it occurred in the last five laps of the race).
by Overseas Property Mall on Monday, December 24th, 2007 in Condominiums, French Property, Hong Kong Property, Italy Property, Japan Property, London Property, Moscow Property, New York Property
Price per square foot can be an interesting approach to pricing real estate and we though it would be interesting to compare luxury condominium prices around the world to other types of space for sale. How much space in a luxury condominium would you get for £100,000? These prices are based on Knight Frank’s annual wealth report 2007 and may have changed slightly since then. These are the top ten contenders.
London currently tops the list. £100,000 buys you 43.5 square feet. Coincidentally, this is exactly the same footprint as the Ford Escape, an American SUV. So you can rest assured you will be able to park the car at this price.
by Overseas Property Mall on Thursday, July 19th, 2007 in Guides and Tips, Holiday Property, Italy Property
Panzano in Chianti, Tuscany [Photo credits to Cinnamon Bun on Flickr]
Value for money in Tuscany and neighbouring Umbria seems more problematic than in most residential overseas property markets. Favoured by climate, landscape and history, these regions of Italy are well and truly discovered. So ready-for-occupation/letting properties are not cheap and nor is the process of buying in skills and materials to renovate properties. There is little new building going on as this type of property doesn’t have the allure of authentic Tuscany (but see this new build apartment in Tuscany).
Apart from possessing the skills needed for renovation, the only other way to increase what you get for your euros is to look beyond the core region around Florence and Siena. However, the tide of expat property investors has steadily been pushing out the boundaries of Tuscany’s second home market. So that, whereas bargains could be found in the hinterland of Lucca, in the west, or Grosseto, in the south, in 2005, this year the Lunigiana district is becoming the focus of attention. From here, Florence is almost as distant as Milan.
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