| Investors in Cyprus told to head north
Property investors in Cyprus need to look to the north of the island rather than the south, Investors Provident have advised.The small but beautiful country in the eastern Mediterranean is becoming a boom area for investment in the overseas buy-to-let market, offering the benefits of EU membership, warm weather, sunshine and beaches, high inland mountains offering winter skiing and an immensely rich heritage influenced by various civilizations over thousands of years.Yet all these benefits have brought a problem, according to Investors Provident. The market in the south of the country has become "saturated", says director Hetal Shah, who states that properties in locations such as Paphos that were worth around 25-30,000 two years ago now cost around 50-55,000. With the popularity of the south having caused prices to soar as development booms the best opportunities are elsewhere, or, to be precise, in the north.Of course, in Cyprus, north and south means something like east and west used to in Germany.
Property market in Cyprus is still a European favourite for UK ...
Colonial links with the UK make Cyprus a popular choice for British investors when seeking property abroad for a second home or for a safe investment opportunity. The southern shores of Cyprus are being favoured over the ever popular locations of France and in some cases Spain say Principal International, a leading overseas property investment company. With English being widely spoken on the Island and tourism numbers growing every year, numbers are expected to double in 2007, Cyprus is a mature market offering property that is still cheaper to buy than in the UK. Principal International currently have a number of apartments and villas for sale, and with prices starting from under 100,000 for a 1 bedroom apartment in Paphos, the price of property here remains a primary reason to invest, see their website for details; http://www.principalinternational.co.uk.
Low-cost flights swell numbers to euro-haven
Cyprus is a British favourite and development is proceeding apace. However, some believe that the essential quality of the island could be compromised. Ben West reports In pictures: Apartments and villas in the most popular resorts in Cyprus Agents and developers in the south of Cyprus - the Greek sector - have been trumpeting the fact that budget airline Monarch is about to launch low-cost flights from Britain to the island. The new flights, from Luton to Larnaca, begin on Monday and cost from just £69.99 one way, including taxes, with some introductory seats at £39.99. .
CHAMROUSSE 1750: the re-emergence of an Olympic Village
/24-7PressRelease/ - PAPHOS, CYPRUS, March 17, 2007 - 1. There has been a moratorium in place for many years on new building at the top of Chamrousse 1750. But with a recent surge in tourist demand for small, intimate high altitude ski resorts - and rental demand outstripping the number of available beds - the leading French Constructors are fighting and bidding against each other to secure the new ski-in-ski-out building plots. The prime plots backing onto the piste at Chamrousse 1750 have just been released this Winter. 2. Chamrousse 1750 is a snow-sure, high altitude ski resort. Its 92km of pistes are tree-lined, and the panoramas from this high part of the village are some of the most dramatic and magical you will find in the Alps. The original Chalets and apartment buildings are undergoing renovation and a complete village makeover has just started.
London property investment still hot, says Arlington
Speculative development is picking up in the central London office sector, which is outperforming all other areas of the UK property market, but is not yet able to match demand, according to property investment management firm Arlington Securities. However UK commercial property returns as a whole have slowed over the last six months. The total return for the IPD annual index over 2007 is projected to be 10% compared to the 2006 annual return figure of 17.9%. Arlington UK fund of funds manager Richard Gale said: ‘The surge in rental growth was initially led by the West End, but the City has also seen a sharp improvement in the last six months. However rental levels in the West End, when viewed in relation to City rental levels, remain almost as high as ever. ‘The sharp increase in rents in central London has been driven by increasingly fierce competition for available space.
Take-Two Regains Nasdaq Compliance - Quick Facts
(RTTNews) - Take-Two Interactive Software, Inc. (TTWO | charts | news | PowerRating) said Tuesday that it has regained compliance with Nasdaq's listing requirements. As a result, the company's common stock will continue to be listed on The Nasdaq Global Select Market. Ben Feder, Take-Two's Chief Executive Officer, said, "We are pleased to put this issue behind us. The new management team and Board of Directors intend to resolve all outstanding regulatory issues as quickly and effectively as possible." Copyright(c) 2007 RealTimeTraders.com, Inc. All Rights Reserved .
Common Cents: A deal too good to be true usually is
Whether it is a high interest trust deed, sub-prime loans, or just a loan to a relative, beware. There are unscrupulous individuals who would love to get your hard-earned money. You say it can’t happen. Not here, or not to me? Don’t be so sure.Most investment rip-offs appeal to our own character flaws. A flaw like greed. "I can beat the system" or a "something for nothing" mentality is often the motivation to take a chance on an investment that we know is risky or at least makes us feel a little uncomfortable.I’m not saying that all risk is bad. Without venture capital and without the entrepreneurs who start companies with the help of friends, relatives and those willing to believe in a dream, our country and certainly our economic system would be the lesser. I’m all for this process.
VIEW: The land of no army —Saleem H Ali
Every year when I visit Costa Rica to lead a seminar on environmental conflict resolution, I encounter students from all over the world at the University for Peace who marvel at the ability of this nation to live without an army. Last year, there were three Pakistani students in attendance at the University who wistfully wondered if such a situation was ever possible in our own country
As archaeologists delve into the past to unearth the earliest indications of human civilisation, they usually search for weapons. Since time immemorial, human societies all over the world appear to have a natural proclivity for warfare and hence the need for armies and weapons. Such implements have not been used for subsistence hunting alone but rather for attacks. In his notable book Constant Battles, Steven LeBlanc has dispelled any vestigial notion of a noble savage by describing human pugnacity through the ages.
SHIMMER WOMENS WRESTLING IN BERWYN, IL LIVE REPORT: ALLISON DANGER ...
I attended last night's SHIMMER Volume 9 taping in Berwyn, IL. First let me say that I have only seen part of the Volume 7 DVD and some of the ladies on a few ROH shows. I only watched part of Volume 7 to get an idea of things while still being able to have more of a first impression mentality last night.
Bad news upon arriving. A sign was posted that Jazz was unable to make it. They also announced it prior to the start of the show. Refunds were offered if anyone wanted one. If people got them one couldn't tell, the place was packed.
I got there right before show started and found that all front row seats, which I had paid for, were filled and they didn't get them numbered beforehand so there was no way to tell who had my seat
without checking everyone around the front row.
Football Roils England as Hicks, Glazer, Abramovich Seize Teams
April 3 (Bloomberg) -- David Moores, chairman of Liverpool Football Club, sits in the Marriott Hotel in London, mulling whether to sell the team his family has controlled for the past 50 years. Flanked by fellow Liverpool FC board members and a coterie of accountants and lawyers, Moores, 61, is weighing two offers for his 51.6 percent stake. One is from a pair of U.S. sports tycoons and another from the emirate of Dubai. ``It was obviously incredibly emotional for him,'' says Colin Gillespie, a PricewaterhouseCoopers LLP partner and Liverpool FC adviser who attended the meeting on Jan. 30. ``It's a difficult decision to sell the family home because you don't have the money to renovate.'' One week later, the deal is done. The new owners are Americans George Gillett, who owns Vail, Colorado-based Booth Creek Ski Holdings Inc.
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