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Will You Be the Next Virtual Real Estate Millionaire? By: David Isaacs: Copyright 2004 Dave Isaacs http://www.infinite-revenue.com Have you heard the term Virtual Real Estate? This is a buzz... and more willing to pay a higher price for each keyword so they can keep one step ahead of the competition. As a result... Real Estate Websites - Head Librarian Or Realtor? By: Bob Schwartz: If your real estate website has an IDX link, do you provide the full property address to Web surfers? If so, you may b... clients, to, either intentionally or unintentionally, waste your time.As a professional in this industry, your time is ... Profitable Real Estate Investing Blueprint By: Lothar: Just like most things real estate investing can be broken down into easy to learn step. Step One - Learn the basics: ... at every creative buying technique in the book. If you can't locate motivated sellers every week you just won't be able... "The Architect" Real Estate Development Design Professionals By: Colm Dillon: "The Architect" Real Estate Development Design ProfessionalsThose of you who are new to the real estate develo... and get the responses you want. . Ask to look at examples of projects they have done and talk to former clients. To get... Here Come The Real Estate Gurus - Hide The Children By: Lothar: I am stunned when I hear that many of the so called real estate gurus are charging from $3,000 to $15,000 for their se... doing... selling education to wanta-be investors. Most clubs are profit making ventures and each month they bring in a... Monaco Realtors In Last Chance Saloon Roger MunnsThe annual yacht show in Monaco always guarantees Europe’s second smallest country’s hotels are full, and this year will be no exception. The show has grown in popularity over the fifteen years since it began, and this year will see Monaco’s Port Hercules play host to over ninety of the world’s finest yachts and five hundred of the world’s best yachting companies. The luxury yachting market has tripled in the last eight years, and helped along by orders from Russia’s ‘nouveau riche’, the industry has seen an increase in orders of over a quarter in the last year alone. But while luxury and Monaco are often associated, poor sales and a possible drop in property prices haven’t been seen in the Prinicpality’s real estate sector for over a decade. Monaco Real Estate In contrast to the highly successful Yacht Show, property sales in Monaco have been unusually slow in 2005. Although only a square mile in size there are over a hundred estate agencies battling for buyers to choose their services, and at times it seems that every third or fourth retail unit has been commandeered by a property company in Monte Carlo, the best known and most sought after area of Monaco. According to Monte Carlo property specialist Henri Boulanger some estate agents are being squeezed, and are viewing the yacht show as the last opportunity to turn a dismal year into a good one. ‘The yacht show attracts a wealthy clientele in considerable numbers, and the type of person who might be buying a luxury yacht might well be thinking about buying a property in Monaco as well. While it wouldn’t be etiquette to actively pursue buyers, many estate agents in Monaco are desperately hoping to see their doors open and for one or two potential buyers to call into their offices. With good two bedroom apartments starting at over a million Euros, and penthouses with Mediterranean views often over five million and some of them over ten million, it can take just one sale to turn a bad year into a good one.’ Monaco’s property price inflation has often risen by over ten per cent a year in the last decade, but a combination of events have conspired this year with a possible stagnation in prices for 2005, and potentially even a fall. The passing earlier this year of the popular Prince Rainier, Europe’s longest reigning monarch, cast a cloud over the area which it is just emerging from, but economic factors have also played a significant role in the downturn of the real estate market. ‘The strength of the Euro against the American dollar has led many of our potential buyers from the US to delay their viewing visit from this year to next, and earlier this year another source of important buyers from the UK held back until after the election to see what the outcome would be’, explains Henri, adding ‘and now with the uncertainty of the economy after the recent tragedy of Hurricane Katrina it is quite possible that some US buyers will delay their visit even more, or possibly to cancel buying in Monaco altogether’. Monaco Grand Prix No surprise then that while the tourists will be in Monaco in the same and possibly increased numbers than last year, the prospect of several dozen potential property buyers descending upon Monaco and staying in her best hotels over a few days is seen as an opportunity not to be missed by the realtors. But what is surprising perhaps is that the Yacht Show is viewed as a better opportunity than the Monaco Grand Prix for her realtors. ‘The Grand Prix attracts tens of thousands of people to Monaco every May’, explains Henri, ‘And every April we get a lot of new enquiries for property in Monaco, with the buyers asking to view apartments in Monte Carlo with views of the race circuit during the Monaco Grand Prix weekend. But what they don’t realise is that many of the apartments for sale have been rented out for the weekend, and viewing is impossible. Even if an apartment hasn’t been rented out for corporate hospitality it would take all day to get from one apartment to another. The Grand Prix is a great tourist event for Monaco, and some of the estate agents go away for a few days. They won’t be doing that during the Yacht Show!’ The fifteenth annual Monaco Yacht Show is being held this year from September 21 to 24. Full details can be found at www.monacoyachtshow.com and Monaco hotel details http://www.yourmonaco.com/hotels Details of Monaco Real Estate can be sent upon request at www.monacoproperty.net About the Author: YourMonaco.com is a new online guide to Monaco and Monte Carlo, and offers information on Monaco hotels, the Monaco Grand Prix, map and the weather in Monaco. http://www.yourmonaco.com - For a guide including a Monaco map, Monaco weather, direct contact details for hotels in Monaco including the Hotel de Paris and Columbus hotels and the Monaco Grand Prix can be found at http://www.yourmonaco.com
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