Posts tagged with paris


12 January, 2013 No Comments

This is the birth of the micro-hotel concept. These small cabins can be rented by the hour and are located in airports, train stations or shopping centers among others.

The “sleep boxes” are 2×1 meters, or 4×2,30 meters.
They were born as resting oasis for passengers in transit, who have suffered delays or flight cancellations, without having to travel to hotels outside of the airports that are usually more expensive.

In the airport terminal you get the electronic key that allows you to access these cabins for the amount of time that you purchase, which can range from 15 minutes to several hours.
The architecture and design firm “Arch-Russian Group”, included a small bed with an automatic mechanism that changes sheets from user to user, a ventilation system, lighting using LEDs, alarm, tv, wi-fi, and a platform to work.

Although I personally prefer larger spaces, this can be a resting alternative in airports; gives you the opportunity to read, sleep, charge an electronic device, or just working quietly in the time between flights.

This system is currently running, and very well received by the public, at airports such as Moscow, Paris, and Munich.

Where to buy a property in the foreign market

28 August, 2011 No Comments

Know the reasons why you want to buy and have a list of priorities… these are the most important factors to determine the best places to buy your property

It is not the same to buy a vacation home than to buy a home only for investment purposes …… Due to globalization it is less uncommon to buy a house in foreign territories, especially because purchase prices are usually more affordable than in Spain, or Europe in general. The good climate of Spain made it, for many years, one of the main countries in the Mediterranean chosen by French, English, German, Dutch and Belgians as a retirement destination and also as a place for their second home. Nowadays, due to a stronger €, the Spanish people are those who invest in emerging countries where house prices are still cheap in comparison to the prices that have been paying here in recent years.

1 – In the case of purchasing a vacation home the idea seems relatively simple; to find a sunny place where we can escape to relax. But we must go further and think realistically …. How many times a year and for how long am I going to go?…. Do I need to rent the house when I’m away to cover the maintenance costs? If so, how many months per year should I rent it to break even? It is therefore important to carefully study the climate of the area, with its seasonal cycles, rainfall, hurricanes, etc.
One should know what’s the available budget and the total cost that entails. For example the distance is more important than one might think, because in the long run travel costs add up (shoot numbers if you are thinking about a family…), and can end up being much more expensive. Suppose you choose to invest in Malaysia, where it is relatively cheap to buy a house by the beach. If the trip is expensive or airlines do not have direct flights, then you must make some flight connections, the trip is usually expensive and uncomfortable.

2 – In the case of purchasing a property as an investment purpose, or perhaps to enjoy from time to time, it is crucial to consider which areas are suitable for a capital disbursement and study how the resale market behaves. We must also take into account currency variations and the risk that it adds into the transaction.

If the purchase is solely for an investment purpose, then the distance between the place of residence and country of destination is irrelevant. What’s relevant is to evaluate whether they are regions with a high demand by both nationals and tourists. Finally, you should have the strategy to sell in order to be ready when the time to sell arrives: it is preferable to buy in an area where not only local buyers are active, but an area that has a strong local and international market, which would make a possible sale faster and easier. Such examples may be: Tenerife, Laco di Como (Italy), Orlando (Usa), and cities like Paris or Barcelona, ​​as they are locations with a high demand for vacation rentals. Riskier investors could check out opportunities in countries farther east.

3 – If the purchase is intended to settle/ retire and live permanently in the new country, decisions are perhaps simpler, with valuations such as the climate, cost of living, taxes and quality of life (if so, you must also study the job market or how to meet the needs of a family). You have to see the difference between buying a vacation home or a first residence. Tourist areas have a high demand for a few months out of a year, but the remaining months are almost dead with fewer services that supply the area. You must also assess what kind of winters does the area have.

The Mediterranean coast of Europe, combines a good climate with great communications and accessibility. Traditionally, the most popular countries are Spain, Turkey and Cyprus.

Basic ideas to consider before making a purchase:

* If possible, execute your own market research “in situ”. Ask questions, see different options and look for multiple information sources.

* If rental is important, bear in mind that demand for rentals may differ throughout the year.

* Realize that mortgage conditions, if necessary for the purchase of this particular home, vary widely from country to country.

* Finally, as I previously mentioned, know exactly what’s the purpose of your purchase; this will facilitate what kind of country or property best suits you.

(1) L’Immobilier à Paris, flambe…malgré la crise ou à cause d’elle.

2 August, 2011 No Comments

It is surprising to read that in the U.S. the housing slump raises fears of another recession (talks are of a W-shaped recovery with fall backs and improvements until getting out of the recession, triggered by a credit bubble).

SPANISH real estate sector is also in a terrible or worse situation due to the lack of tax incentives and the financial sector, among other reasons, widely discussed in previous posts.


The real estate market in France, especially in the principal cities like Paris, Bordeaux or Lyon, in recent months has been characterized by rising prices with an increase in demand faced with a shortage of product for sale. Buyers want to take advantage of low fees and the role offered by the housing market as a safe-haven.

This is mainly due to four factors:

1 – The low amount of properties for sale, to this day, in the housing market: even though for a person who owns a property it is the best time to sell, the ones that do not need to sell, choose to wait an maintain high prices because they know they will have a buyer and a price that increases each month. So they decide to seat and wait to get a higher profit (prices of flats have risen 9.3% in the last 6 months, and professionals predict a total of 15% increase since June 09) .. average prices are around  7,080 € / m2

2 – Low interest rates: Public notaries responsible for the legal aspects of real estate transactions confirm that the fact that banks have started to lend funds again, along with low interest rates have helped to restart the French real estate market. However, a full recovery will depend on the stability of the economy in France and its labor market.

3 – Government aids, which have always existed for the real estate sector, seemed to decrease beyond 2011. Thus, it is no longer possible to fully benefit from these assistance. An example of aid being cut, is the “loi Scellier de defiscalisation immobiliére” active since December ’08, which allows that, if a new property is purchased in Scellier, and is put up for rent from 9 to 15 years the owner gets a tax deduction of 25 to 37% of the purchase price of the new building up to 300,000 €, which can add up to a deduction of 75,000 € divided by 9 or € 111,000 over 15 years (for more info check http:/ / In addition to this tax benefit, do not leave aside the gains from the subsequent sale, the result = Jackpot!!

4 – Surprisingly the housing crisis strengthens the real estate sector as a safe-haven (same as gold). When the economy becomes uncertain, French people begin to buy real estate considering real estate properties a safe haven. The best-selling buildings are medium size flats to put them for rent and get an steady income. Otherwise, what could they do with the money during these troubled times? There is no incentive to invest in the stock market, banks lack investors confidence after the bankruptcy of Lehman Brothers that rose doubts about the solvency of financial institutions and its savings strategies. Thus, buying a real estate asset is something that becomes a property, which in the long run creates wealth.