Archive for the ‘Africa’ Category

Come to A Place in the Sun Live and meet Primelocation

Wednesday, March 9th, 2011

This Friday the Channel 4 TV show A Place in the Sun begins its three day tenancy at Earls Court in London and Primelocation International will be there, along with 160 companies offering overseas properties for sale and homebuying services.

Headlining the event will the show’s three most famous presenters – Amanda Lamb (who presents the show’s video, below), Jonnie Irwin and Jasmine Harman – who will be appearing on stage to give advice about buying foreign property and answer questions about their work as TV presenters and signing copies of A Place in the Sun magazine. But they will also be joined by other experts including LBC radio presenter, property investment guru and Apprentice TV show contestant James Maxx.

VIDEO: Watch Amanda Lamb introduce this year’s A Place in Sun Live show

Primelocation International’s property analyst Nigel Lewis will also speaking every day at the show on the main stage, revealing ‘ten things you didn’t know about overseas property’ including which country has the easiest buying/conveyancing process; which town the Spanish holiday home revolution started in, which country offers the best quality of life and which day was the best financially to buy a property in Europe over the past year. Catch him during the show at 11.45am on Friday, 12.30pm on Saturday and 2pm on Sunday.

And if you want a free ticket to attend the show – follow this link to claim yours.

Honky Tonk interior design? Jagger’s Moroccan villas

Wednesday, September 15th, 2010

Marrakech_property_Jade_Jagger
The city of Marrakech in Morroco has pulled in the A-list crowd for over seven decades now starting with clothes designer Yves St Laurent in the 1960s  – who owned a villa there – through to the Beckhams, who holidayed at its Amanjena luxury resort  in 2004.

But the latest hot name to be associated with the city’s brand of boho, sandals-and-souk chic is fashion bad girl Jade Jagger. She has recently designed the interiors of 15 villas being built at a luxury five-star boutique resort outside Marrkech, not far from the airport road famous for the battered, crazily driven yellow taxis that ferry tourists into the city from its recently-completed international airport.

The villas at the Baglioni Marrkech resort are being constructed by global design firm Yoo which Jagger has also designed for elsewhere including in New York, Dubai, the Cotswolds and Manchester and which in the past has also signed up Phillip Starck and Sophie Conran to design interiors.

Jade’s Marrkech properties include four and five bedroom villas between 665m2 and 815m2 which come with secure parking, large gardens, terrace, swimming pool and the interiors, as you might expect, have been given a strong Moroccan flavour by Jagger, who works with her design partner and up-and-coming architect, Tom Bartlett.

The 34-acre resort in which the villas sit includes 72-room boutique hotel, a spa and fitness club, restaurant as well as the villas.

Pooled resources: the terrace swimming area at one of the villas

Pooled resources: the terrace swimming area at one of the villas

And owners of the Residences, as the resort prefers to call the properties, will get more than just Jagger’s taste in interiors. On tap will be all the services that guests staying at the resort would enjoy so no need to cook despite the villa’s gorgeous kitchens (there’s an in-house cook) or worry about  stocking your cupboards (there’s a shopping service), organise excursions (via a travel arranger) or drive anywhere (there will be chauffeurs on tap).

The Baglioni Group, which owns hotels and resorts all over the world including one in London, is banking on Morocco’s much predicted race up the tourist rankings – particularly as Marrkech is its most famous attraction.

In July this year the number of tourists rose by 10 percent compared to the same month last year, and Morocco is fast approaching the ambitious target of 10 million tourist visits a year set by its modernising king, Mohammed VI.

Why we’re behind the property world’s Oscars

Tuesday, August 24th, 2010

logo of the Bloomberg International Property Awards

Primelocation is sponsoring this year’s  International Property Awards in association with Bloomberg Television, the housing world’s answer to the Oscars with a red carpet event to be held on November 25th and 26th this year in central London. 

So could your next home end up with an international gong for its architecture, build quality or a range of other categories?

These awards may not offer the same glamour and stars as the yearly Oscars in Hollywood, but in many ways they are not far off with categories that include best golf development, international property, apartment and interior design.

The event began it began in 1994 and has developed into a global concern with regional heats held across the world during the build up to the final in London. This comes to a glamorous climax at an event attended by the leading lights of the property world and celebrities.

These in past years have included Rick Wakeman of 1970s supergroup Yes, BBC Royal Correspondent Jenny Bond, interiors expert Linda Barker and Location, Location, Location star Phil Spencer. And the awards have high profile sponsors too. As well as Primelocation.com these include newspaper The New York Times, Google, Bloomberg Television and Maserati.

But one thing that doesn’t change is the robust judging process. Every year the world’s industry experts gather to judge - including this time round Primelocation.com’s Nigel Lewis - whether the hundreds of entries from across the globe pass the quality test.

A wide range of residential and commercial properties are judged from grand villas in Dubai to office developments in Budapest, and previous winners have included UK agent Knight Frank, developer Berkeley Homes (for its Sugar House development in London) and the Dunas Douradas Beach Club on Portugal’s Algarve coast. But winners come from a wide range of countries including Panama, Brazil, India, Singapore, South Africa and Cape Verde.

Property clinic: Sales tax in Morocco

Thursday, April 16th, 2009

little girl knocking to a blue door - tunisia - africaQ. Having recently become benefactors of a family inheritance, we would like to buy a property abroad which we can visit as well as rent out during the summer months. We quite like Morocco. Can you tell us a little about the typical prices and sales taxes we might have to pay?

A. Morocco has a lot to offer tourists and investors alike – and, as a hotspot, is becoming a major attraction for those wishing to invest in holiday rental property due to its excellent climate and relative close proximity to mainland Europe. The topography of Morocco also lends itself perfectly to beach resorts which give excellent rental potential, with a number of high-end developments having been constructed in recent years.

The process for purchasing property in Morocco is fairly straightforward. The buyer, once an offer has been accepted, is usually required to pay a deposit of around 30% to secure the property and freeze the price. For property costing £100,000, expect to pay around £2,500 in transfer tax, roughly £1,000 in lawyer’s fees and a further £2,500-£3,000 for notary’s fees which include land registry and other certificates. My best advice is to do lots of research, visit your target area several times before buying – as well as talk to UK investors who have already bought property out there to find out the pitfalls. One of the key benefits of owning Moroccan property is that there is no inheritance tax.

The best worldwide golf destinations

Wednesday, December 17th, 2008

If you’re considering investing in a golf property, or buying a home near a golf course, it can be mind-boggling trying to decide where to choose, as there are so many top notch overseas golf courses these days. But inspiration is at hand, thanks to the International Association of Golf Tour Operators (IAGTO), who’ve recently assessed thousands of courses around the world and named the winners in their prestigious annual awards.

The annual IAGTO awards recognise the outstanding golf destinations in five regions of the world – Asia and Australasia, Africa, the Indian Ocean and the Gulf States, Latin America and the Caribbean, North America and Europe. In addition, the International Association of Golf Travel Writers, a sister organisation of IAGTO, which represents over 100 members in 27 countries, awards a prize for the Undiscovered Golf Destination of the Year.

The awards celebrate the destinations which are making waves in the golf tourism world and the results are invariably of interest to property investors, as they highlight areas where golfing properties may do well, either currently or in the future.

The results of the 2009 IAGTO Awards are in:

New Zealand picked up the award for the Golf Destination of the Year: Asia and Australasia.

The European award went to Andalucia, in Spain (no surprises here).

The Africa, Indian Ocean and Gulf States award was picked up by Dubai.

The Latin America and Caribbean award went to the Dominican Republic.

The North American prize went to South Carolina.

As for the Undiscovered Golf Destination of the Year, it went to Kenya, which was noted for having 40 golf courses across the county, located in very diverse areas and with wonderful wildlife in close proximity.

Five winter sun property hotspots

Monday, November 3rd, 2008

The clocks have gone back, frosty mornings have started and some places have even had snow already. Winter has arrived in the UK, but if you’d prefer to jet away to sunnier climes during the colder months, here’s a round-up of some of the top winter sun property destinations.

Cape Verde
Located 400 miles northwest of the coast of Africa, the Cape Verde archipelago of islands is a key property location that’s attracted a lot of interest in the last few years. An emerging property destination, it boasts a year round tropical climate and beautiful sandy beaches, so is the perfect getaway for winter sun seekers.

Barbados
Areas of the Caribbean, such as Barbados, bask in glorious sunshine all year round, so they’re a great favourite for winter property owners. In fact, a range of celebrities, including David and Victoria Beckham, Hugh Grant and Simon Cowell are amongst the owners of properties here. If you’re also considering renting out your home, then Barbados seems a good location for holiday lets.

The Canary Islands
A long-term favourite with Brits and attracting 10 million visitors a year, the Canary Islands are a popular choice for winter sun seekers, where the average annual temperature is 22°C. The largest of the islands, Tenerife, has a five-year building moratorium in place, so new developments are limited and existing properties are in demand.

Dubai
Home to a growing number of British expats working in the United Arab Emirates, the city of Dubai is blessed with a subtropical climate. There’s currently a lot of interest in property here and rental yields of about 8% plus can be achieved. As an added bonus, Dubai has favourable tax incentives and there’s no VAT or stamp duty on property purchases.

Brazil
The largest country in Latin America, Brazil has a year-round average temperature of 26°C and, together with an array of stunning beaches, it’s an ideal getaway for the winter months. Areas around the north east coast are currently appealing to both property buyers and tourists, and you’ll find plenty of new build and off-plan developments available.