Tribune2

Tribune2

The Day The Phones Stopped Ringing…

In recent years London and Monaco have both held the title of the most expensive property in the world, with Monaco recently outstripping London’s most exclusive areas to top the list of the world’s most expensive real estate. And as well as having the most expensive property in the world, Monaco can claim to have [...]

Monte Carlo Rocks The Property World

Amazing figures are being banded around of just how valuable property is in Monte Carlo, with one report indicating a 30 per cent in value while other leading areas such as London and New York’s residential property markets stall during the credit crunch. There is no doubt that property in Monte Carlo is valuable, and [...]

Holiday Home Owners Could Face Ruin

Buying a holiday home for many people from the 1980′s onwards seemed to make a lot of sense – it was a new appreciating asset that would bring not just revenue but happiness too as they holidayed in their own home, which friends and family used too, as well as unknowns who paid rental fees. [...]

Airline Industry Suffers In Economic Slow Down

The rising fuel prices have affected the majority of airplane manufacturers worldwide. Some of the largest airplane manufacturing companies are showing significant drops from once record sales. This is evidence of how the fuel crisis is influencing the flight industry worldwide. The problems of this industry aren’t limited to the manufacturing industry. Four of the [...]

Most Expensive Street In The World

A survey by a highly placed and respected European banking internet site has just concluded a survey showing where the most expensive roads are in the world for property – and the top one is Avenue Princess Grace in Monte Carlo, Monaco. The bankers’ internet site suggest that four bedroom apartments are selling for over [...]

Good Time for Foreigners to Invest in Lanzarote

The formerly red-hot property market on the island of Lanzarote appears to be cooling somewhat. This may indicate a slight downturn in the island’s economy. It may also mean that now is a good time for foreigners to invest in Lanzarote property. Tourism officials and economists have certainly not written the island paradise off in [...]

How Your Canary Islands Vacation Can Make You Money

Buying vacation properties in exotic locations is nothing new. Vacationers have been snapping up in the world’s most beautiful getaways for as long as anyone can remember. Today, some of the hottest vacation destinations are in the Canary Islands. Seven major islands, one minor island, and various islets make up the Canary Islands. The archipelago [...]

Cheap Flights Slows Majorca Property Drop

Majorca has long been one of the favourite holiday destinations for Europeans, especially British and German tourists. And enough have liked the island in the past to buy a second home for holidays, or to buy an apartment or villa to retire to the sunshine island. But with property values declining in important markets like [...]

Lanzarote Real Estate Defies 2008 Market Conditions

Overseas property investors and second home buyers are helping the Lanzarote real estate industry avoid total meltdown as nervous buyers adopt a wait and see policy elsewhere in Spain. In today’s economic climate, why is Lanzarote doing better than some other Spanish islands? The answer is investment property – the return on capital and rental [...]

Island Lights In Real Estate Darkness

At times of poor economies property prices more often than not fall, and the property market in itself is sometimes enough to cause a recession in the rest of the economy as home owners see their top asset slashed in value, and cut back on spending as a direct result of feeling less wealthy. 2008 [...]