Last Wind Condominiums

April 16th, 2008

Last Wind Condominiums & Residences, Margarita Island, Caribbean

Last Wind CondominiumsLast Wind Condominium & Residences 5 Star is a resort based property investment situated just a few yards from one of the finest beaches in the world. It is designed to give owners a guaranteed rental income, plus high potential capital growth.

Musipan Last Wind is the first phase of a new Caribbean 5 Star Hotel beach resort and theme park with pools, bars, shops, restaurants and entertainment.

The rental is guaranteed by a UK property management company for the first year with ongoing property management if required.

There are also plans to build a Casino which will further increase rental demand and capital growth potential.

The payment structure is 50% deposit with 50% on build completion. UK Solicitors have been appointed to handle client funds and deal with the purchase contracts.

Furniture packs are available and air conditioning is fitted.

For more details visit: Our main website or call My Choice Villas today - 0330 323 0126 (local rate)

Letter from France 5

March 25th, 2008

French FlagHere are a few words on the realities of living in France and is it always the “rosey’ picture you get on TV programmes.

First, there is a very good monthly English newspaper, produced by an English, husband and wife team that gives all sorts of useful and mainly factual, information about modern French life. It is well worth subscribing to this paper, delivered by post, as includes all sorts of details about things that concern ex-pats and provides a useful “bridge”. See: http://www.connexionfrance.com

Second, the French are not the best self publicists. In fact my opinion is that they are their own worst enemies when it comes to creating a good image and publicising their business attributes.

This is particularly borne out by the outward appearance of shops and supermarkets, which in UK terms might reasonably be described as needing a ‘good scrub’ or a serious revamp. In the main, the exterior of public and private building fare no better.

Your only solution is ‘not to judge the book by its cover’ but to simply find out the truth by “going inside”.

On a personnel level the French don’t push themselves nearly as much or as hard as the British. A fact noted to me by the French manager of my local mini-market.

In their defence I would guess the high taxes and history of France lead to a philosophy that says “I know the inside is good; it’s up to you to trust me and find out”

In the main I have found the average French person to be honest and trust worthy. However as with “image” the concept of blindly good “Customer Service” also lacks a degree of ‘zing’ to it. If you expect company employees to fall over themselves to get and retain your custom you are in for a bit of a shock.

Yes, they will deliver, yes, they will provide quality products etc, but in their own time, and, sometimes only when pushed into it.

Sadly, some of the worst offenders are the big internationals rather than the smaller family owned organisations.

menu in French

Artisans are a law unto themselves. Whilst standards of workmanship are usually good their ‘project management’ skills are often poor or non-existent. It is not uncommon to have to chase several times to get them to provide quotes or to start or complete the work, and they will often only offer superficial advice.

The reasons for this are not at all clear, but it is said that there is a great shortage of skilled artisans, so I suppose they may have to prioritise their work based on urgency, and, they can pick and choose.

However once the work is completed the final account will arrive “promptly” often on the final day of completing work….

Whether it is generally cheaper in France compared to the UK is rather dependent on where you live. I believe a rule of thumb would say if you live in the southern half of the UK, or London, then France is cheaper. If you live in the Midlands or North of the UK then it may be the same or more expensive.

TVA (VAT), varies according to the work and whether, if it relates to work on your property, it is your primary residence. When formally accepting the quote you are usually asked to sign a declaration as to your relationship with the property. Since this is part for the tax laws there is no way of avoiding it.

Some works can be set against income tax payable in France as it might relate to eco-friendly schemes examples include; wood burning stoves and modern efficient heating boilers come within this category.

I have a fridge magnet which states “You are no-one until you’ve been ignored by a cat”. The same is true of French artisans… A French acquaintance of mine has often confirmed this to me, which may account for the thriving DIY business, which produces many useful and quality products.

The Health Service, reputed to be the “best in the world” is, sadly, also very bureaucratic and takes a bit of experience to understand. Any medical consultation, procedure etc is almost always accompanied by paperwork that the patient has to deal with. Healthcare, in some of its forms, is not “free at point of delivery” as in the UK. Refunds have to be applied for, which can depend on your status, income and insurance cover. If you have “top-up” health insurance, this often means 2 letters have to be sent each time to obtain a full refund.

In summation, if you expect to live in France and get the same or better levels of service to those in the UK you may be disappointed. If you just want an overall better quality of life and are prepared to downgrade some expectations then life can be very pleasant without so many of the social pressures associated with a small overcrowded island.

SBQ Property & Land SIPP

February 25th, 2008

Image of a statementA SIPP (Self Invested Pension Plan) is flexible and all about taking control of a pension savings plan that will generate an income for you any time after the age of 55 (50 before 2010).With a SIPP you can draw an income from your personal pension fund and continue working.

You can also draw up to 25% of your fund as a tax free cash lump sum and leave the rest invested until you need an income.

You can make contributions as and when you want, with tax relief at your current rate of tax. For example; if you are a 40% tax payer, for every £60 you contribute to your SIPP fund the government will add a further £40.

If you die before using your SIPP funds it can be passed to your relatives or other selected beneficiaries.

For more details see the SBQ Land & Property SIPP page or visit: Our main website or call My Choice Villas today - 0330 323 0126 (local rate)

New Venezuelan F1 Racetrack

January 28th, 2008

Formula One Grand Prix comes to the Caribbean Island of Margarita

F1 RacetrackPlans for a new F1 racetrack near the Airport have been given the green light and it´s believed it will host a new round of the F1 schedule. For an island population of approximately 300,000, it will be a shock when 100,000+ race fans turn up to follow the Grand Prix circus.

We doubt the Island will have ever experienced such a huge flush of wealthy tourists, and hotel accommodation is going to be at a serious premium. Just another reason we see little Margarita as the BEST property investment in the Americas.

Margarita is a duty free paradise, just off the north coast of Venezuela. it boasts some of the best beaches and climate in the region, 300 sun days a year, only 1 month rainy season and no hurricanes!With increased tourism already flocking to Margarita and the news of the F1 Racetrack property investors are now looking seriously at this exciting new emerging market.

With an incredibly low cost of living, (petrol - £1.50 for around 80 litres and 35p for a pint of beer), this island really is the “Pearl of the Caribbean”

The superb Luxury Aparthotel development, Marina Caribe comprises of studio’s, one and two bedroom apartments, with 184 units in total and will operate as a hotel, but also offer all it’s facilities for those simply seeking a fabulous holiday home in the southern Caribbean sunshine. With low prices and guaranteed rental now really is the time to buy on Margarita Island.

New rider for NCT racing

October 15th, 2007

NCTRacing are pleased to announce their first signing for 2008.Davt welcomed by Neil and Cynthia Halsm Emerging young talent Davy Haire from Lisburn, NI, has signed to ride for the team competing in the new Superstock 600 championship.

Davy had an amazing year competing in the Virgin Mobile Cup in 2007 finishing a good 7th overall.

Davy is pictured shaking hands with Neil and Cynthia Haslam, Team directors, after the final round at Brands Hatch on the 15th October 2007.


Donington 24th September 2007

October 1st, 2007

Donington Park was to be the first of 2 double header rounds to compensate for being rained out at both Oulton Park and Knockhill meetings.The VanFit Yamaha team went testing at Donington 2 weeks prior to the race meeting in order to prepare and provide Alastair with the best opportunity for the 2 races to come. This paid off handsomely when Alastair qualified on 2nd row of the grid equalling his best qualifying performance.
In the first race Alastair slipped easily into 3rd position at the first corner and cam e round in 5th at the end of the first lap. A few laps later he was pushed wide which dropped him back into 10th position but in a close knit bunch of top riders he fought his way back to take 8th place and another 8pts.
Overnight chief technician Derek made some minor alterations to the set up of the bike which Alastair tried on the Sunday morning warm-up session.

The second race was closer fought with Alastair battling throughout with championship contender Steve Brogan and ex Superbike rider Pete Hickman which saw Alastair as high as 6th place. He eventually finished a solid 9th again coming away with good points and in the top 10 of the championship table.

It has been a solid performance from Alastair this weekend and in the NCT VanFit Yamaha teams first year in the Superstock championship this represents a solid achievement to date. Alastair should finish at least 8th in the championship by the end of the season.

The teams focus now moves to the final round at Brands Hatch on 13th/14th September which again is a double header. The NCT VanFit team will be out testing on the Brands Indy circuit prior to race day.