Europe's most expensive real estate Monaco

Monaco is a country in Western Europe located along the French Riviera between the Mediterranean Sea and France. It is one of six microstates located in Europe. Monaco is one of the most expensive places on Earth. As of February 2007, Monaco had Europe's most expensive real estate, ahead of even London. The principality is often regarded as a tax heaven, and most of its inhabitants are millionaires from other countries. Het Vorstendom Monaco grenst aan Frankrijk en de Middellandse Zee. Het dwergstaatje heeft een oppervlakte van 1,96 km² en telt 32.671 (2007) inwoners. Daarmee is dit het dichtstbevolkte land ter wereld. Hoewel Monaco ingeklemd wordt door de Europese Unie is het land geen lid van de EU. Het dwergstaatje staat internationaal bekend als een mondaine badplaats en belastingparadijs met veel casino's, high society en een jaarlijkse Grand Prix in het Formule 1-autoracen. Het heeft naast het nationale voetbalelftal ook een eigen voetbalclub, AS Monaco die in de Franse competitie speelt. 

sources: http://www.flickr.com

Most Expensive Hotel

Russian billionaire Telman Ismailov opened a hotel this month that is being widely proclaimed as the most expensive hotel in Europe. As it’s situated along the Mediterranean Sea in transcontinental state of Turkey, there seems to be some confusion surrounding the hotel’s continental status.

That didn’t stop a gaggle of A-list celebrities—including Sharon Stone, Mariah Carey and Richard Gere—from attending Mardan Palace in Antalya’s grand opening. The £1billion-plus (over US $1.6 billion) hotel was inaugurated with a bang as Tom Jones opened for Carey, Paris Hilton made an obligatory appearance and one prominent actress stumbled over the name of neighboring country Azerbaijan.

Housed in this veritable temple of decadence, you’ll find a spa with real snow in one of its rooms, gold-plated mirrors on the floors of the bathrooms, 23,000 square meters of Italian marble, remote controlled toilets and the centerpiece—a pool and sunken aquarium that must be crossed by gondola.

As to the question of geography, the coastal province of Antalya is actually located on the Asian side of the Turkish Straits, the conventional border between Europe and Asia.

Suites at this most luxurious hotel can cost over $18,000 per night—certainly enough to keep the riff-raff out.

sources:  ttp://most-expensive.net/

Real estate in London

The housing boom, which spread across many of the world's finest luxury destinations, is finally tailing off. Still, prices in London, Monaco, Manhattan, and in famous European beach resorts and ski resorts continued to climb last year, as the pool of wealthy buyers from places like China, India, and Russia grew. Price growth is slowing even in Russia with its growing population of oil millionaires. A 35% increase last year in home prices in prime locations of Moscow might sound impressive. But prices had jumped about 75% in 2006.

In the following slides, the price per square foot is an average for prime residential properties in selected luxury locations around the world. The annual price change compares the fourth quarter of 2007 with the fourth quarter of 2006.

Source: Knight Frank

London Most Expensive Luxury Real Estate Market

Price: $6,191 per sq. ft., A housing boom began in Central London in September, 2005, and continued through 2007, as wealthy buyers flowed in from around the world. The annualized growth for prime real estate is slowing this year and is expected to weaken further. But the super-luxury segment remains incredibly strong. Sales for £10 million-plus homes in Belgravia, Chelsea, Knightsbridge, and Mayfair increased by 190% in the six months ending January, 2008, compared with the same period a year earlier.

* The annual price change compares the fourth quarter of 2007 with the fourth quarter of 2006.

sources: http://finance.yahoo.com

Most Expensive Real Estate in Europe

a real estate research firm, recently issued a report ranking the most expensive flats in Europe. Currently, property value is on the rise throughout much of Europe, and real estate in locations such as the Baltic region are seeing an increase in value. Rental yields (profit yields) in several European cities are above 10%. The extremely small and distinguished principality of Monaco currently wears the crown for most expensive real estate in the Europe.

Monaco has an average price of €24,900 per sq meter, making the principality the most expensive real estate in Europe, but profit yields are low at 2.4%. A 35 sq. meter apartment of this expensive real estate yields an average return of 2.12%, while a 195 sq. meter apartment yields an average return of 2.64%.

Real estate in Central London’s exclusive neighborhoods is also quite expensive, averaging €14,522 per sq. meter and claiming the location of the second most expensive real estate in Europe. Paris and Amsterdam were both noted as having some of Europe’s most expensive real estate. Monaco still has them topped, by a wide margin actually. It makes sense that such a small wealthy geographical location would have the most expensive real estate in Europe. This makes Monaco extremely exclusive and its property in high demand for those able enough to afford it. Property prices in Monaco have steadily risen over 10% a year in the last decade.

Some of the most sought after property in Monaco is located in the area known as Carre D’Or (Square of Gold), located close to the world famous Place Du Casino. Most of the available properties in Monaco are expensive apartments. Other expensive real estate include penthouses overlooking the harbor and Formula 1 circuit. There are a number of villas and townhouses located on the hills that also boast extremely high property values.

Monaco has recently unveiled its plans to expand its borders by adding 25 acres of expensive real estate into the ocean through the construction a platform, using the same technology that off-shore oil rigs utilize. The new district will boast upmarket shops and reportedly about €3.7 billion ($4.9 billion) worth of luxury residences.

sources:  http://most-expensive.net

Investment in Germany real estate

A most lucrative investment 

opportunity! This fully let Apartment block, consisting of four houses in the borough of Pankow , situated in the booming 

disctrict Prenzlauer Berg close to the city centre. The annual yield is 7.23%. Please contact me for more information. 

sources: www.4321.co.il

Real Estate Opportunity in in Leipzig

The site has 48 apartments including 52 parking spaces for cars and mobile homes. All apartments are fully tenanted and long standing rental agreements are in place with financially strong tenants. The property has been managed by a local property management company since it was built. It further has an adventure play ground and a BBQ area. All apartments have balconies, terraces or are maisonette (two floors) apartments.This newly built closed and secured residential complex is located within the recreational suburbans of Leipzig. BMW, Porsche, DHL, Amazon and the Leipzig International Airport are only 8 minutes drive away. 
d and a BBQ area. All apartments have balconies, terraces or are maisonette (two floors) apartments.This newly built closed and secured residential complex is located within the recreational suburbans of Leipzig. BMW, Porsche, DHL, Amazon and the Leipzig International Airport are only 8 minutes drive away. 
 

sources:  www.4321.co.il

Marmara Forum,

Officials included the Minister of culture and tourism, Ertuðrul Günay, Minister of public works and settlement, Mustafa Demir, the Governor of Istanbul, Muammer Güler, along with Chairman of Multi Turkmall, Nico Veldhuis and CEO of Multi Turkmall, Levent Eyüboðlu. Multi Turkmall employees also took part in the ceremony.

Minister of Culture and Tourism Ertuğrul Günay said, “I know all Multi projects in Turkey and I am also one of the customers of Forum Ankara. In period of world economic crisis; making such a big investment shows us not only Multi’s power but also finding a value of a new investment in Turkey. I am very glad to participate in Marmara Forum’s groundbreaking ceremony. I would like to thank Multi Turkmall.”

Marmara Forum Shopping Centre is located on the European side of İstanbul near the Merter exit on the E5 motorway linking the city center of Istanbul with the airport and the western suburbs. Marmara Forum’s design will create the quality of a contemporary urban experience with its inner courts and galleries. By creating public space for social activities, Marmara Forum will offer all of its visitors a shopping and entertainment experience to make it 'the place to be'.

Marmara Forum’s unique garden office project also provides up to 30,000 m² of efficient, sustainable office space with green Atriums, in Istanbul’s most accessible office location.

The center concept is designed by Tabanlioglu. Marmara Forum is planned for completion in the first quarter of 2011.

sources: www.europe-re.com

Life in Europe

After the 2nd World War we are told that it remained much the same, but began to encompass the Balearic Islands, then Spain, then Tangiers.  With the end of the cold war, the half of Europe that had been behind the so-called Iron Curtain opened up, and the race was on.  Which spot provides the most ambiance at the least expense, which spots appealed to 'super stars' and rock stars, which were best suited as retirement havens?  Europe has a lot to offer. More culture, with a greater degree of disparity than any other region of the world. What you pay for what you get requires much consideration, but what you get is unbeatable. The process of moving to another nation is slightly more complicated than moving from Detroit to Seattle, but no exceedingly so.  What is required is information, which is precisely what these reports provide. Our website has thousands of articles, and they are useful, but when it comes to international relocation one wants more than anecdotal facts. These reports will supply you with the information you need, they'll save you money, time and frustration. . . . at a very reasonable cost, we might add. 

The EscapeArtist.com International Relocation Reference Library pages for Europe. We have been publishing international relocation articles & reports for over a decade. If you are considering relocating to Europe, on these pages you will find a library of information on the subject. -

 sources:  www.escapeartist.com