Can I Park my Airplane at Your House

Work, housework, cooking shopping, bills, noise - it's all getting to you, and you need a real break. On top of it all, as you sit in your office it starts to rain. You get out of work as soon as you can, pack a little weekend bag, hop in your car and drive it to the nearest airport. You taxi it around the take-off runway, unfold your car's wings and wait for permission to take off! 450 miles later you land your car just minutes from your property abroad. So you fold up your car's wings again and taxi out of the airport and quickly drive to your secnod home, park it in the garage and leave it there all weekend.

It is not quite possible yet, but maybe very soon. The company Terrafugia already has working prototype of the Terrafugia Transition. In fact on their website you can already pre order yours.

High Marks for Cape Verde

The Heritage Foundation (a Washington DC Think Tank) and WSJ Index of Economic Freedom Report for 2009 was released earlier this month. It came as no surprise that Cape Verde continues on the rise. Although its best mark was in the category of Monetary Freedom where Cape Verde scored a whopping 76.9, where it really did exceptionally well was in the category of Property Rights, scoring an awesome 70.00 points, where the overall (179 countries) average was 44.0. An added bonus is that Cape Verde came in ahead of some of its main competitors when it comes to attracting European investment in second homes abroad and residential tourism – Poland, Greece, Egypt and Tunisia.

An Investment for your Investment

Make sure you dont just have a second home abroad, but a LUXURY second home abroad - take a look at the must have!

The International Second Home Market

If you have read this blog often enough you will know that we consider places like Cape Verde “the next big thing” in the overseas property markets due to key factors that include a stable and long lasting government, booming economy (fuelled largely the tourism industry) and proper use of international funds allowing for huge structural developments in Cape Verde including health, education etc..

Today I am writing about the flip side of the industry – and the buzz word on everyone’s agenda right now - Russia! WSJ headlines “From Russia with Cash”, the BBC reports that “Russians snap up Australian luxury” and the Business Times Online asserts that “Russians …invest its oil billions abroad”. According to various estimates, assets belonging to Russian citizens in the West amount today to over €300bn and here is why they will keep investing abroad;

1 . Unreasonably high priced properties (expected to drop at some point) make real estate investment at home un-promising
2. Russian stock market is unstable and has in fact dropped significantly
3. Russia has “no reliable (if any) pension plan” so real estate investment abroad is considered for many the safety net.

“If I could I would buy Brazil”

Are the words of billionaire real estate guru Sam Zell. Brazil is one of the few countries which seems truly untouched by the world economic downturn with a Q3 GDP growth of 6.3%, not only in relation to the same period of time last year, but also in relation to to the current year’s first and second quarters.
Additionally, as an oil producing country now, Brazil shows absolutely no signs of slowing down any in 2009.

Added Value of Architecture in Real Estate

"…better design has a longer life span, appeals to the market, generates better returns and, of course, there are the issues involving sustainability. But there’s more to it than that - people want to be connected to art" - states renowned architect Daniel Libeskind, one of the most talked about contemporary architects, in an effort to dispel the myth that architecture is limited by the market. Among other projects all over the world Daniel Libeskind is the architect responsible for New York's Ground Zero.

Good News

With all the financial havoc dominating media today, I wanted to make sure our readers got some good news. It really was nt that hard to find. The United Nations Conference on Trade and Development recently launched their 2008 report on Trade and Development which stated that “for the first time we are seeing a worldwide crises which is focused in the heart of the wealthiest nations and has had very little impact on developing and emerging economies” World GNP is expected grow approximately 4.9%, a figure which is largely based on the prediction that emerging economies will maintain their average 7.0% growth and that Europe will see it’s growth rate in the 1.4%.
At Design Resorts, this is something we have known for a long a time :)

"The Amazing thing about Cape Verde is that it has not been discovered earlier”

Here are just a few of the statements which can be heard on Jo Sinnott's "Next Big Thing", series aired on U.K. Real Estate TV

· Caribbean style beaches, rich history, laidback lifestyle and vibrant cosmopolitan community
· For those looking to invest, Cape Verde is limitless
· Buying property is straightforward, with a strong legal system which protects property investors
· Quality and sustainability are key for the growth of Cape Verde.

Green Real Estate!

Keep your eyes peeled for the following terminology "green real estate", "eco brokerage" "sustainable real estate investment". With REITs (real estate investment trusts) announcing 7.5% increase in property value and 3% increase in rent values after having bought up half empty office buildings to give them fresh green starts, this has become the industry buzz . Insiders confirm that with demand growing, sustainable construction prices are noticebly falling and the world's leading top quality projects, both in the residential and office sectors are almost exclusively environmentally friendly.

Cape Verde

Cape Verde went to the red planet!
The new phoenix unmanned space lab is exploring an area near the promontory of Cape Verde in Mars.
Should we change our address to Ponta Bicuda, Cape Verde, Earth? (image from NASA, Houston, USA, Earth)

Growth Rate In Cape Verde Expected to Accelarate in 2008

Acording to the African Economic Outlook Report, produced annually by the OECD and the African Development Bank, a rapid increase in the rate of growth can be expected for Cape Verde this year. From 6.6% in 2007, to 7.6% in 2008 and an estimated 7.0% in 2009.

This rapid growth increase reflects a tremendous effort made by the Cape Verde government to comply with the public sector’s Investment Program, a substantial increase in internal credit (including private investment), and a large amount of direct foreign investment.

Cape Verde's market promise

Ponta Bicuda resort in the Santiago Island. Great for Vacation, Perfect to Live
"Much has been made of the growth in the property market in the Cape Verde islands. With prices growing, new developments rising up, tourist numbers increasing and infrastructure improvements to support this including a number of new airports served by new air routes, the place appears to be soaring..."

Source at "Assetz News"

First-time buyers 'going for emerging markets'

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"Emerging overseas property markets are being increasingly targeted by young first-time buyers in Britain, it has been suggested..."

Source at "Hot Property"

Property for sale in Cape Verde recommended

Invest your bonus wisely. Discover Ponta Bicuda! New resort in the Santiago Island.

"People who are considering buying a second home overseas have been advised to purchase property for sale in Cape Verde.
The west African archipelago was recommended by Jet-to-Let magazine, which said it offered attractions such as a tropical climate and affordable house prices..."

Source at "Real Estate TV"

Tax breaks in Cape Verde

Ponta Bicuda, new resort in the Santiago island. Great for vacation, perfect to live
Tourism in Cape Verde is "about to explode" and property investors could reap the benefits, one expert believes...

Source at "Holiday Lettings"

Cape Verde tourist market is growing

Ponta Bicuda Resort The smart investment for your bonus, guaranteed income!
"Cape Verde's tourist market is set to see further growth in the near future, a specialist publication has reported..."

Source at "Property Showrooms"

Cape Verde goes green

Invest your bonus wisely. Discover Ponta Bicuda! New resort in the Santiago Island.
"Strange as it may seem for an archipelago of sandy islands submerged in constant sunshine off the coast of Africa, Cape Verde – as its name suggests – is going green..."

Source at "Easier Property"

Overseas Property: Cape Verde Continues to Impress

Ponta Bicuda, new resort in the Santiago island. Great for vacation, perfect to live
"Over the last two years the islands of Cape Verde have become a hot spot for tourists and overseas property buyers..."

Source at "Finance Daily"

Cape Verde 'offers aquatic attractions'

Discover Ponta Bicuda! Outstanding capital appreciation.
"Visitors to Cape Verde have been advised to investigate some of its underwater and ocean-based attractions..."

Source at "Real Estate TV"

Invest in an archipelago - Cape Verde

Ponta Bicuda, new resort in the Santiago Island. Great for vacation, perfect to live.
"Cape Verde, the West African archipelago, is tipped as still having considerable property investment potential. The region is experiencing strong economic growth, with the International Monetary Fund predicting that the country’s gross domestic product will increase 7.7% in 2008..."

Source at "Home Move"