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Monaco – Defying The Recession
The Monaco Grand Prix held at the end of the May shows Monaco in her full glory to the world for a Sunday afternoon, and this year was no exception as Lewis Hamilton won the race for the first time.
Monaco is known the world over not just for the best Grand Prix of the F1 [...]
Holiday Home Owners In Spain Could Do Best In the Recession
When the economy is good and people are taking two or three holidays a year, letting out an overseas property and getting good occupancy levels isn’t that difficult.
And with low interest rates, the rentals will cover the mortgage and often leave enough for a profit, and at the end of the mortgage the property is [...]
Exchange Rates Affect Holiday Plans
An exchange rate is simply the price of one country’s currency expressed in another country’s currency. The exchange rate is the rate at which currencies can be exchanged.
A good example is that of the dollar vs. the euro. In April 2008, one dollar could be exchanged for 0.63 euros. The dollar is currently weak in [...]
Alarm Bells Ring For Spanish Property
Buying a property in Spain has been an aspiration for many Europeans in the last twenty years, with Germany and the UK providing most buyers.
But the Spanish real estate market has hit some turbulence recently, with the Costa del Sol dropping from the favourite area to buy to least popular in just two years, leaving [...]