Greek Property Promotion

Archive for April, 2014

Thinking of Buying a Vacation/Retirement Home? Why Wait?

The sales of vacation homesskyrocketed last year. A recent studyalso revealed that 25% of those surveyed said they’d likely buy a second home, such as a vacation or beach house, to use during retirement. For many Baby Boomers, the idea of finally purchasing that vacation home (that they may eventually use in retirement) makes more and more sense as the economy improves and the housing market recovers.

If your family is thinking about purchasing that second home, now may be the perfect time. Prices are still great. If you decide to lease the property until you’re ready to occupy it full time, the rental market in most areas is very strong. And you can still get a great mortgage interest rate.

But current mortgage rates won’t last forever…

According to FreddieMac, the interest rate for a 30 year fixed rate mortgage at the beginning of April was 4.4%. However, FreddieMac predicts that mortgage rates will steadily climb over the next six quarters.

Let’s assume you want to purchase a home for $500,000 with a 20% down payment ($100,000). That would leave you with a $400,000 mortgage. What happens if you wait to buy this dream house?

Prices are projected to increase over the next year and a half. However, for this example, let’s assume prices remain the same. Your mortgage payment will still increase as mortgage rates climb to more historically normal levels.

This table shows how a principal and interest payment is impacted by a rise in interest rates:

Cost of Waiting $400K

If you are a real estate professional and want a deeper understanding of how market conditions will impact buyers this spring, please join us Thursday at 2PM ET for a free webinar entitled: Spring Ahead in 2014: KCM’s Action Plan for Dominating the Spring Buyers’ Season

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International Coalition of Tourism Parnters

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The International Coalition of Tourism Partners (ICTP) is very pleased to release the second edition of “e-Futures” with greenearth.travel and Urban Green Energy. This quarterly newsletter presents case studies, inspiring innovations, and other technological advances in renewable energies applied to the “travelism” (travel&tourism) sector.

 ICTP supports e-Futures – as it spotlights first movers and pioneer projects in clean energies and inspires the travel&tourism sector to embark on the green growth transformation. It is a good example of the typical support services you`ll get for free as an ICTP member. To discover the ICTP hub – expertise in green growth&travelism, promotion&global outreach, impact investment, climate change&renewable energies, vision for sustainable tourism, Chinese visitors, and community events support – and join ICTP, go to http://www.ictp.travel now!

ZHANG YUE – THE MISSION OF ARCHITECTS

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The Chinese entrepreneur, Zhang Yue plans to build the largest and most sustainable building in the world in the middle of the Chinese province Hunan, in only seven months. He aims to totally revolutionise the building industry, which evidently would have an effect on all sectors involved.

In the framework of his keynote visionary speech at the 65th edition of the FIABCI World Congress which will take place from 20 to 22 May 2014 in Luxembourg, Zhang Yue will show what role in particular architects play in these times of an economic U-turn.

Sustainable, five-times more energy-efficient buildings that also save land and materials, and are thus low-cost – are the objectives of BROAD Group, a Chinese prefab building company chaired by founder Zhang Yue, a 54-year-old Chinese with a college degree in fine arts. The man, who is a passionate creative thinker, has already obtained a multitude of patents for his inventions, such as the pressure-free hot water boiler, the direct-fired chiller for non-electric air conditioning and a revolutionary air purification technology with an electrostatic cleaner. His most recent completed project however, the T30, a 30-storey hotel built in only 15 days, has made him, as well as the company itself, internationally popular. The secret of how to build such a huge building in such a short time span is as easy as it is clever: BROAD buildings are based on standardised pre-manufactured plates which only have to be assembled on-site. This technique, in contrast to traditional construction which is – according to Zhang Yue – too time-consuming and generates unnecessarily high amounts of waste, is much more cost-efficient, time-saving and mainly environmentally friendlier. But if that is not enough, the Chinese revolutionary wants to go even further with his probably most highly debated plan: SkyCity, an 868-metre high tower which will house more than 30,000 people as well as offices, schools, a hospital, recreation and sports centres, a giant shopping mall and even an organic farm. In addition, there will be also up to 10 km of walking streets within the building. The theory is that as people do not have to leave the building anymore to go to the hospital or grocery shopping, they will not have to use cars – enabling a tremendous reduction in CO emissions.

Zhang Yue, with his revolutionary plans, could not be a more appropriate key person at the FIABCI 65thWorld Congress, especially for the first half of the second congress day on 21 May, 2014, being devoted to the topic ‘Cities and Technology’ and bringing the sector’s top decision-makers together for conferences, debates and workshop sessions. The day’s opening speech will be given by Aimé Shyirambere (Senior Project Manager at Solum Real Estate). Another highlight: the debate of the World Council of Managers includes, besides Zhang Yue, Rüdiger Fritsch (Lawyer at Krall, Kalkum&Partner Gbr), Adrian Joyce (Secretary General of EuroACE), Wolfgang Feist (Founder of Passivhaus Institute) and Martin von Hauff (President of FIABCI World Council of Managers) for discussions on the latest developments within the sector. This fine selection of important speakers makes the Luxembourg congress – dedicated to real estate professionals worldwide – an event not to be missed.

Is Your Hotel Website Responsive to Meet Google Requirements and Boost SEO?

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When Google talks, hotel marketers need to listen, especially when it comes to responsive website design. With mobile traffic gaining market share month after month, hotels need to ensure their desktop versions of their websites are optimized for smaller screens and deliver fast loading times. Lodging Interactive, the interactive and social media marketing agency exclusively servicing the hospitality industry and winner of numerous prestigious awards for its website design services, says the more responsive a hotel website, the higher its SEO rankings on Google, and the easier it will be to maintain.
“SEO is a core component of any business’ digital marketing strategy, and as such Google has gone so far as to call responsive web design an industry best practice,” said DJ Vallauri, Lodging Interactive Founder and President. “For hotels, this means keeping content on one website and one URL, making it much easier for travelers to share, interact with, and link to than content that lives on a separate mobile site. Some hotels have learned quickly that trying to build separate sites for mobile and tablet environments  is exhaustive for staff, and it presents potential duplicate content issues with Google which negatively effects organic search engine results.”

 Responsive websites turn visitors into customers. According to a study conducted by Sterling Research and SmithGeiger for Google:

· 96% of consumers say they’ve encountered sites that were clearly not designed for mobile devices

· 75% of users prefer a mobile-friendly site

· 67% of users are more likely to buy from a mobile-friendly site

· 61% of consumers say that they’d quickly move onto another site if they didn’t find what they were looking for right away on a mobile site.

· 52% of users said that a bad mobile experience made them less likely to engage with a company

· 50% of people said that even if they like a business, they will use them less often if the website isn’t mobile-friendly

· 48% of users say they feel frustrated and annoyed when they get to a site that’s not mobile-friendly
and if the site didn’t work well on their smartphones, it made them feel like the company didn’t care about their business
“This research confirms that mobile users actively seek out and prefer to engage with mobile-friendly, responsive sites,” Vallauri said. “Travelers attitudes about your hotel can quickly and easily be shaped by mobile site experiences. Having a great mobile site is no longer just about making a few reservations; it’s become a critical component of building a strong brand image, nurturing customer loyalty, and making the hotel’s mobile strategy work for the property and the brand.”

Source:-Lodging Interactive

The Third Industrial Revolution

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The Third Industrial Revolution
The convergence of the internet and energy is slowly taking place: connected buildings and self-sufficient in energy, with new models where consumers become the energy producer. Real-estate technology buildings are flourishing, with a bright future ahead. Whether they be specialised in data collection or wind-system power management, our needs are multiplying in terms of progress made by the sector .

About 1,000 decision-makers from 60 countries will meet up in Luxembourg in May to discover what Luxembourg has to offer in terms of IT, financial, real estate and lifestyle solutions. It will enable professionals to learn more about the latest trends in these fields. When talking about IT and real estate, there are two guest speakers not to be missed: Jeremy Rifkin, economist and thinker, author of the book ‘The Third Industrial Revolution’ and Zhang Yue, a Chinese billionaire at the origins of the Sky City Project – the future highest tower in the world. He is also known for building high-end and hyper-technological buildings including one which has 30 storeys and which was built in only 15 days.

For the first time in 65 years, the FIABCI World Congress will be held in Luxembourg and we are proud to welcome these renowned speakers.
FIABCI is one of the oldest real estate federations and the choice of where to hold its international summit is often competitive. Each year it chooses another capital, in another continent and in 2014, it will return to Europe. Luxembourg won against…Rome.

The main part of the event will be held in the New Conference Center Kirchberg, but also at the Rockhal, Cercle Cité, Cercle Münster and the closing evening is being held at Goodbye Monopol. This is truly an event which you cannot afford to miss.

Luxembourg has chosen the topic ‘Building humanity’.  If you want to find out what you can expect to experience at the event, but also why hotels are about to be fully booked from 19 to 22  May in your  capital this year, visit this website !

“Ανοιξε” η σεζόν με πτήσεις EasyJet & Ryanair στη Ζάκυνθο

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Από την Μεγάλη Εβδομάδα ξεκίνησαν οι πρώτες πτήσεις τσάρτερ για τη Ζάκυνθο με τουρίστες από χώρες της βόρειας και κεντρικής Ευρώπης.

Με αυτές τις πτήσεις εγκαινιάζεται ουσιαστικά και η φετινή τουριστική περίοδος με μαζικό τουρισμό, που σύμφωνα με τις εκτιμήσεις των πρακτόρων του νησιού, αναμένεται να έχει πολύ θετικούς ρυθμούς σε σχέση με την περυσινή χρονιά η οποία ωστόσο ήταν εξίσου καλή χρονιά για το νησί.

Οι πρώτες πτήσεις έρχονται από την Ολλανδία και θα συνεχιστούν με αφίξεις από τη Μεγάλη Βρετανία και την Πολωνία.

Παράλληλα σε εξέλιξη βρίσκονται τακτικές πτήσεις από διάφορες πόλεις της βόρειας Ευρώπης από τις αποκαλούμενες εταιρείες χαμηλού κόστους οι οποίες μεταφέρουν μεμονωμένους τουρίστες που επιλεγούν να κάνουν διακοπές έξω από τα προγράμματα των μεγάλων tour operators.

Η Easy Jet ξεκίνησε τις πτήσεις κάθε Κυριακή και Πέμπτη από τις 30 Μαρτίου και από τις 31 Μαρτίου έχουν ξεκινήσει και οι πτήσεις της Ryanair από το Βέλγιο.

RE+D Magazine
22-04-2014

Athens witnessed an enterprising recovery of the Hotel industry in 2013

Hotels in Athens reported significant performance improvement in 2013, according to data from STR Global and GBR Consulting. The market saw strong growth after the 2004 Olympic Games with significant increases in occupancy and average daily rate. This trend was reversed at the end of 2008 as a result of a prolonged period of social unrest.

 

 

“The period of social unrest caused a significant impact on the hotel industry in Athens as demand declined for the city”, said Elizabeth Winkle, managing director of STR Global. “However, the industry’s performance has been on an upward trend for nearly a year now, and we expect to see this trend continue. Positive news has emerged surrounding the economic situation and outlook in Greece. If this can be maintained, leisure tourism is expected to recover further because of the attractiveness of Athens as a destination”.
According to Stefan Merkenhof, managing consultant of GBR Consulting, “The impact of the Greek crisis on the Athens tourism industry in the period 2010 through 2013 has been significant with a total estimated loss of EUR2.5 billion for the sector as a whole, of which EUR820 million was for the Athens hotels. However, Athens tourism has been recovering since May 2013 as the negative headlines on Greece disappeared and a positive outlook started emerging. In the first two months of 2014, we have seen significant increases in international tourist arrivals at Athens as well as significant improvements in occupancy levels, albeit with stabilising room rates. With the leisure market solidifying and the return of the conference and incentive market to Athens, of which there are already clear signs, the city seems to be set for a substantial recovery, in line with its rich offering for leisure and MICE travellers alike”.

 

 

In 2013, the downturn bottomed out, primarily due to a recovery in leisure tourism. From April onwards, occupancy levels significantly improved compared to 2012, while room rates stabilised. Occupancy rose 7.0 percent in 2013 to 56.8 percent.

 

 

As a result of the occupancy increases, revenue per available room also improved significantly. RevPAR for the market increased 7.9 percent to EUR53.89. The biggest increase in RevPAR was achieved by the Economy segment with a 13.2-percent increase, followed by the Upper Upscale segment with a 4.7-percent increase.
Source: STR Global.

WHAT MAKES A LUXURY HOME?

Buy2Greece.com –

65% Had Designer Kitchens

89% Had an entertainment room that could seat more than six people

57% Had a wet bar

37% Had a wine cellar

54% Had original Artwork

67% Had Professional Landscape

28% Had pool/gym/home theater

32% Had wired home environment

39% Had open floor plan

 

 

 

Moni Toplou

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Moni Toplou (GreekΜονή Τοπλού) is a 15th-century monastery located in a dry and barren area in theLasithi regional unit, on the eastern part of the island of Crete in Greece. It is about 6 km north of the village ofPalekastro and 85 km east of Agios Nikolaos. The monastery was originally called Panagia Akrotiriani (Virgin Mary of the Cape), after the nearby Sidero cape. Its current name literally means “with the cannonball”, thus called by the Turks for the cannon and cannonballs (Turkishtop) it had in its possession for defensive purposes.

The town of Kardamyla

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Kardamyla is the third largest populated area on Chios (after the City of Chios and Vrontados). The name of the settlement has survived from antiquity, though the present form of it is more recent. It has a port, Marmaro, built at the head of the large natural harbor. The majority of the population is engaged in seafaring. In recent years, schools and public buildings have been built with donations given by the local ship owners to their birthplace, but the widespread urban renewal means that almost nothing of the old traditional houses has survived. The remains of a medieval defence-work can be seen on the Gria hill. The remains of a Hellenistic wall show that the site was defended in antiquity. Five kilometers from Kardamyla to the north is the beach of Nagos and next to that, the beach of Giossonas.