February 11, 2016
Designing stands for exhibitions in Barcelona has become a lucrative business in a city that has become one of the most attractive destinations on the Mediterranean for events. Plus, it’s definitely a city we should keep a watchful eye on, in terms of investing.
Despite its turbulent political situation, Barcelona has remain in the last year an attractive destination for events and 2016 seems to keep on that track.
It has been ranked number 12 by the Telegraph on the list of European cities with the best investment prospects in property. If you are looking for foreign investments this year, you might consider take a look to Barcelona.
Besides the events and huge summits like the Mobile Congress that will start in a couple of weeks, the city has grown strong in other areas like:
Home of famous international brands like Mango, Custo Barcelona or Desigual, the recent Barcelona fashion Week (080 fashion) demonstrated that fashion and textile industry is strong not only in the city bit in Spain.
Barcelona has struggle in recent years to become a leader on entrepreneurship and independent initiatives, and under that principles it struggled to attract a massive event such as the Mobile Congress.
Barcelona wants to be known internationally for more than tapas, Gaudí and soccer, it wants to be consider as one of the main tech hubs in the world like London or Silicon Valley, and so far it has succeeded attracting a different number of big startups to open offices in the city: Airbnb, Uber, Booking or Amazon are a few examples of big multinationals that have recently open offices in the city.
On 2015, Barcelona´s tech startups perceived 60% of the funding destined to these types of companies in Spain, making it the main technology hub in the country and an interesting destination for investors.
Barcelona´s startup ecosystem is composed mainly of e-commerce, videogames companies and classifieds that attracted only last year 44 venture capital funds, a reason to believe there is something going on on this sector.
Chinese and Russian tourists always include Barcelona on their routes, because is a city that has everything: culture, beautiful landscapes, soccer and shopping. Investing in luxury shopping in Barcelona might be very profitable considering the increasing interest the city is generating among Chinese tourists, the top global expenders according to a recent survey made by Business Insider.
La Roca Village, a luxury shopping mall located on the outskirts of the city, has arranged logistics that include a non-stop private bus that will take the buyers to the doors of the shopping mall and will bring them back for a 12 euro fee to the center of Barcelona.
Although a bit saturated, tourism is another possible way of investing your money in this city, which involves not only tourist operators or hotels but has also to do with luxury spas, accommodations and transportation.
If you are thinking on investing on real state on a foreign country the timing couldn´t be better. Real state prices are slowly starting to rise after the economic meltdown that almost finishes with Spain’s real state industry, and Barcelona offers new attractive projects in exclusive areas that you might consider.
, real estate
November 8, 2015
The business environment in most cases is extremely dynamic and fiercely competitive. It is not unusual for business to fold up even after making a great start. Many retail businesses need to keep on experimenting with location, and hence may be found to be closing down one store only to open up another one somewhere else. The reason for wanting to terminate commercial property leases can be varied; the business at that location could be bleeding money, or the demographics may have changed substantially, or the competition may have been too hot. Businesses need to enter into commercial leases for property all the time and may also need to foreclose them a lot many times too. Before walking out of the lease, you should carefully consider a number of things:
What Do You Really Want?
Closing a business at a particular location could often be the solution that is obvious but one that is not necessarily always right. Before even attempting to discuss the lease termination, be sure that you have considered every option available to you. If the reason for moving out is a need for more space, then your landlord could come to your rescue with offer for a fresh space and facilitate the lease termination. It is also important to evaluate if the necessity of terminating the lease is born out of personal circumstances rather than commercial ones. It is important for you to understand the real reasons for the change as this will give you a platform for effectively negotiating with the landlord.
Quantify Lease Termination Benefits
The option of terminating your lease can only be beneficial if the savings you get out of it is more than the compensation required to be paid to the landlord. The only way you can arrive at a rational decision is if you can quantify the value accruing to you so that you do not end up paying more than what you are benefiting by. One way of calculating the benefit is by finding the difference between the net profits expected to be delivered by the new location over the old one. If the reason for lease termination is to get time to attend to personal issues, then you would need to establish if the monetary loss on account of the termination is more than offset by what you are trying to achieve after you close down your business.
Identify the Landlord’s Financial Impact
To ensure that you are able to negotiate to good lease termination it is also necessary for you to establish the impact of the termination on the landlord. The most obvious is that he would lose out on the lease rentals till such time he can get a new tenant to occupy the space and start paying the rentals. If the business environment is down, then he may not get the same rental as what you had been paying, however the opposite could be equally true if the space is commercially attractive. Lease termination negotiation goes better of you can get an idea of the redeployment opportunities available to the landlord.
Compensate Your Landlord
Among the ways you can add value to the solving the landlord’s predicament is find creative solutions to what the landlord could do with the space becoming available. If you have been able to assess the location constraints that led to your business failing and how other business can thrive in the same property, you may be able to convince the landlord to change the usage of the space and get a better income stream. You could also tap the local real estate brokers for market information, including the duration that the landlord is likely to take to find a new tenant and the sort of rentals he can expect to derive out of his property. You could also try and identify a prospective tenant for him who can take over your lease. There are a number of internet resources that you can take the assistance of to locate a prospective lessee.
Nancy Mulligan is the senior business reporter at one of the top financial dailies. She periodically writes on trends in commercial real estate and financing. She also consults for leasequit.com.
, home loans
, real estate
October 16, 2015
Buying a property can serve many purposes and the most lucrative option is the investment point of view. If you have the right property at the right location, you might find your money double and triple in a couple of years without having to put in anything extra. What it depends on mainly is the location of your property. If you buy a house in one of the most developed areas of the country, the rate is very high and very few of us can actually afford it. In the under-developed areas, the rates are very less and yet there is no prospect of the principle amount multiplying from time to time.
Get a developing area and invest in the properties there. This gives you the advantage that the prices are considerably lesser and the fruitfulness of the investment is quite high. The outskirts of the cities like Mumbai and Pune are hosting a lot of properties which is ready to be taken. In MCHI Exhibition 2015 such properties are showcased as you might have seen. Opt for one of these and see how rapid the growth is.
A Property Trade Fair in Mumbai
Mumbai poses quite a lot of investment opportunities in terms of properties for people. While the main city hosts properties which are expensive, the outskirts and areas like Navi Mumbai offer growth like never before. A property expo in Mumbai is the thing you should visit if you are willing to make a profitable investment. Here ae showcased some of the best properties in all that area and from the house of some of the best builders which makes this opportunity very lucrative for buyers.
This real estate trade show which is called MCHI is housed by CREDAI which gives it permission to go ahead and celebrate the silver jubilee. This ensures that you will be exposed to only the best that this industry has seen. This in turn means that you have full opportunity to interact with all the influential decision makers and the real estate lords who will guide you towards your dream destination. In various property trade shows which are hosted by the private parties we find some new faces in this business who are not really trustworthy. Being accredited by the CREDAI has made the MCHI one of the most fool-proof exhibitions.
Make a list of whatever you are in doubt of before you go to this exhibition. Understand wherever you are having difficulty in and in such a massive exhibition there would be many people rushing to your help. Don’t forget to take the prospective buyer’s opinion as well, since you can have a better understanding of projects with their help.
, real estate
August 31, 2015
Real estate investing can provide benefits of monthly cash flow, equity growth, appreciation. Many investors believe that you have to have sufficient money to invest in a property. However it’s always not the case. In some situations, the investor avoiding any further complications and abundant money goes for full cash payment for the property. A clever group would choose conventional mortgage where 20% down payment is required which may extend to 25-30% according to the property dealers in Delhi. The rest is paid through house loans where a minimum interest rate is charged. The mortgage loans can be from banks, from brokers or from credit unions. Though in most of the cases the real estate brokers in Delhi acquire the money from some other governmental institution or any other source but the bank or the credit unions can provide the entire sum from their own pocket and hence are called portfolio lenders. Their loans are more flexible to the investor. Another option for financing in a real estate investment is through hard money i.e. money obtained from any private institution or individuals. This money can be obtained without any income verification and credit history checking but it costs a higher interest on loans and high fees for obtaining the loan. The hard money can be obtained within days and thus if there is immediate requirement of cash inflow, hard lenders are the only option available to the investors.
A few property dealers in Delhi are Anushree Realtors, Absolute Solutions, North India Realty and Atul Mishra and associates. A limited number of specifically designed shops lying next to the bustling Noida metro station are provided by the real estate brokers in Delhi. These air conditioned shops of different sizes are collaborated to form a mall in future where all types of goods would be available. This mall would have certain advantages such as Radisson hotel, Golf course and Kalindi Kunj Bridge in the near vicinity.
The Narang Property dealers in Delhi provide access to certain properties for the customers. A property located in Vikaspuri has 3 bedroom apartment costing about 1 crore. There are 3 bathrooms and 2 balconies with Rs 8,900 per square feet. Another property shown by the real estate brokers in Delhi is the 2BHK flat in Vikaspuri costing 65 lakhs with 2 bathrooms but no balcony.
The real estate brokers in Delhi provide access to buyers in the Gulshan Bellina in sector 16 of greater Noida. 2BHK apartments with 1100square feet of total carpet area available at a price of 35 lakhs whereas 3BHK flats with carpet area extending from 1300 to 1750 square feet at a price of 42 to 52 lakhs. The general amenities available are jogging park, basketball court, kids play area, Aerobic centre; massage room, unisex parlour (AC), and wheel chairs for sick or disabled member of the co-operative. The best facility is its 24*7 security customer care centre team guarding the house.
, real estate
July 28, 2015
Can you plan a dreamy honeymoon within budget? Is it possible to gift your partner the most cherished moments of his/her life even while counting your dough? If you are looking forward to your honeymoon any time soon, you might as well want to secure a few tips with the help of which it would be possible for you to save money on your honeymoon trip. Read on to find out more.
Tips to save on your honeymoon
For many couples, savings are the last thing on mind when they are honeymooning. However, it is not really sagacious on your part to embark on a dreamy trip without proper financial planning. The moment you start paying, you understand the kind of costs you might as well end up shelling out. Your expenditures might leave you drained if you are not planning properly. Here are a few tips with the help of which you can end up making substantial savings on your honeymoon. Read on find out more.
Utilize your reward points
Your honeymoon is the right time for you to cash in on the points in your credit card. Reduced or free airfares might as well come as a huge gift under these circumstances. However, if you do not really have enough miles to be covered you can always upgrade your coach in order to ensure that you are starting and wrapping up your honeymoon in style.
In fact, it would be even better if you are ditching the airfares in favor of a fulfilling road trip with your partner. Make sure you are leaving no stone unturned to ensure that this remains one of the most romantic journeys of your life, by introducing soft music while you’re on road and taking a small detour to a romantic getaway.
Make sure you are taking advantage of the shoulder season
It is always advisable that you are avoiding the peak season for travel. Hotel and airfares generally skyrocket at that point of time. The peak and low seasons might vary with different destinations. It is only natural for locals to charge you more on lodging and food if you are visiting at a time when everything is in demand.
Research research research!
Make sure you are investing proper time in researching on the travel deals. You are not really required to visit travel offices separately in a bid to compare these deals. Everything can be done online. Please make sure you are actually taking out time to conduct this comparison between rates offered by different travel agencies. You are not required to leave the comfort of your home in a bid to find this out. Make the most of this opportunity to secure an idea about the kind of money you will have to shell out. This is an important step to ensure that you are actually zeroing in on the most affordable deals in the market. Dig deeper to look out for coupon sites carrying exciting combo offers. There are sites which might as well give away gift cards and discount coupons from the same retailer. Bundle these offers together.
You necessarily are not really required to browse through the pages of complicated finance journals (discussing stock markets, Real Estate Pune or for that matter any other global financial trend) in order to learn how exactly you can end up saving on your honeymoon trip. It is all about following a few simple steps— like those mentioned above! Best of luck!
, financial planning
, money savings
, real estate