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Ironman Lanzarote 2008

December 20th, 2007 by Horizon News

You will love the awe inspiring beauty of this breathtaking volcanic island, the magnetic charm and hypnotic appeal of both the island of Lanzarote and the race, often described as the Hawaii of Europe.

The ideal opportunity to qualify for Hawaii in almost identical conditions to those you will experience in Kona.

Fully supported by the Canarian and Lanzarote Government the race organization and headquarters are located at Club La Santa, the world’s most exciting sports complex with superb sports and accommodation facilities”.

Register now if you want to be there on the 24th May 2008. This race keeps growing, and even if known as the toughest in the world, it is possible for you to do finish this race.

Entry deadline: 1st May 2008 or sooner if the limit of 1200 participants is reached
Until the 20th of March 2008 every participant has the right to withdrawal. The entry fee will be refunded after deduction of expenses of 75 €. Past March 20th 2008 no refunds will be given.

Click here for more information

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Surf in the Sun in Fuerteventura

December 20th, 2007 by Horizon News

Learn to Surf in the sun with 7 Island Surf! Join the team in Fuerteventura where we are blessed with year round sunshine, glorious white sandy beaches and warm turquoise seas. All this only a short flight from home.

Professional holidays are tailor made for you and we specialise in catering for families groups and individuals; regardless of age and ability. So why not join us in sunny Fuerteventura and experience the exhilarating sport of surfing with 7 Island Surf?

Unforgettable experiences guaranteed!!!

For more information click here:

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Camel Safari in Gran Canaria

December 20th, 2007 by Horizon News

No, this isn’t a mistake, you can find camel excursions on Gran Canaria!

The famous Sahara-like sand dunes of Maspalomas, forming part of a nature reserve, are – for example – one of the places on Gran Canaria, which can be explored by foot or… on the back of an exotic dromedary!

Alternatively, camel rides are also available near the attractive village of Fataga. After a brief introduction about the life of a camel you will enjoy a ride through the beautiful valley of Fataga, a camel show and finally a delicious lunch.

For more information click here:

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Aqualand Aquapark Tenerife

December 20th, 2007 by Horizon News

Aqualand Costa Adeje makes up an excellent combined leisure and entertainment offer. This is the only Water park and Dolphinarium in Tenerife and is situated in one of the most tropical tourist destinations of the island.

Dolphin Planet is a great success at Aqualand Costa Adeje. Here you have the opportunity to observe dolphins at a depth of 5 metres. Seeing these beautiful mammals from such a unique perspective will make your emotions stir and help you to learn about the peculiarities of this marine specie.

The facilities of Dolphin Planet include video screens with educational videos and an interesting photographic collection of cetaceans native to the Canary Islands.

For more information click here:

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Live Webcam in Cape Verde

December 20th, 2007 by Horizon News

Take a look at what is happening on Santa Maria Beach, Sal Island. The camera is situated on a balcony at the Hotel Morabeza.

Click here to take a look:

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Holidays in Cape Verde

December 20th, 2007 by Horizon News

Holidays in Cape Verde have arrived. You’re about to be let in on one hush-hush secret. Imagine unspoilt castaway islands. With bone-white beaches that you can bag all to yourself. And a unique blend of African, Portuguese and Brazilian cultures. No wonder summer holidays to Cape Verde are the hottest buzzword in travel right now.

Read More

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Ice Skating in Tenerife

December 19th, 2007 by Horizon News


Artificial ice until now has been an unknown phenomenon in Tenerife. But not anymore as an artificial ice rink has been opened in the Plaza del Cristo, La Laguna. The rink is ideal for all of those throughout Tenerife who want to enjoy the unique experience. During the ceremony many youngsters queued to be the first on the ice.

The opening hours of the facility will be from ten in the morning until ten at night every day of the week, although until the children break up from school, the inflatable castles will not open until 16 : 00 hours.

The ticket prices are 3 euros for children and 5 euros for adults, and may stay on the track as long as they wish.

Full article:

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Thomson Targets families in Ad Campaign

December 19th, 2007 by Horizon News

Thomson is to target families through a press and radio advertising campaign for the new year.

Adverts will focus on Thomson’s core destinations and holiday packages. The emphasis will be on families, as the company is offering guaranteed free child places during school holidays and savings of up to £250 per booking.

Marketing manager Simon Aldridge said: “This year we are going to launch our campaign with emphasis on great prices. Families, couples - everyone will be benefit from the fantastic savings on our core products.”

Puerto Vallarta in Mexico will be a new destination for summer 2008 and Boavista in the Cape Verde Islands will be introduced for winter 2008/09.

Full article:

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Gran Canaria Christmas 2007

December 19th, 2007 by Horizon News

Beryl and John in Gran Canaria would like to thank all their clients that have worked with them throughout 2007 and wish them all a very happy Christmas.

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Why Buy In Tenerife?

December 19th, 2007 by Horizon News

1. Why should people buy in Tenerife?
Tenerife is still one of the most popular investment/holiday destinations, and with more and more of the low cost airlines now adding this route to their schedules it is becoming even easier and cheaper to get here. Investment in the islands from major groups such as “Loro Park” with their new project “Siam Park” which is due to open early in the New Year means that Tenerife has more and more to offer to all age groups.

2. Where are the most popular places to buy, and why?
The most popular areas are still Los Cristianos and Playa de las Americas as these tourist areas have received major overhauls in the past few years resulting in a cleaner and more attractive beaches, shopping areas and restaurants etc.

3. Are there any upcoming areas that buyers should look at?
New areas now worth looking at are Fanabe, La Caleta and Adeje Golf, huge investment by some of the major 5* worldwide hotel groups have given these areas a huge facelift making them completely unrecognizable to people that have not been to Tenerife for a few years. These areas not only boast a championship quality golf course and high quality shopping/restaurant facilities but a selection of affordable high quality freehold properties.

4. With the general price wobble in the property industry at the moment, how would you describe the state of the market here right now?
During 2007 we have seen a slowing down of property sales and purchase due to the effects from the American and UK market places. However we are confident that 2008 will see a new interest in the property market here. In the past when the UK has had a poor summer people again start to look at the overseas areas again for their holidays/investment. Also people having experienced a good summer in 2006 in the UK and then possibly deciding to vacation in the UK have been reminded that this is not a cheap or affordable option, especially if they have children. Tenerife has virtually a 12 month season making this the ideal place to invest as rental opportunities to cover the annual costs of your investment are good. The UK cannot guarantee the weather meaning that if you have a poor summer your investment property may not be rented, this is not usually the case here.

5. What is the anticipated capital growth for property in Tenerife?
The increasing demand for property by investors or home owners and the increasing demand by tourists for accommodation means that the opportunity for both capital growth and income for investors is second to none, especially in the south of Tenerife, where a large percentage of all holidaymakers choose to stay. Capital growth for 2007/2008 is anticipated to be 12.3%.

6. What is the rental potential?
Rental potential is high, normally an owner can expect to be able to rent their property for 35 to 40 weeks a year on a holiday let basis. Long term rental demand is high and although this generates a lower income investors may prefer the security of knowing that their property is rented for 12 months of the year.

7. How much have prices increased over the past few years?
In the last 5 years property prices for a standard one bedroom apartment have increased from € 85,000 to a minimum of € 120,000

8. Are the prices levelling off, dropping or still rising now?
Although this year has seen a slowing down in the market property prices are still rising.

9. Have you noticed a change in the type of buyer recently?
There has been a trend of more and more 30/45 age group people purchasing property abroad as they see there UK property values increasing and they are able to release some of this capital by re-mortgaging. They are also earning higher salaries than before and with more and more people choosing not to have children in the early stages of marriage they have more disposable income available to invest abroad

10. Are properties taking longer to sell as compared to 6 months or a year ago?
In some cases yes as the market this year has been slower than normal, however properties in the popular and new areas are still very saleable.

11. What kind of properties are selling the fastest, and which are taking the longest to sell?
One and two bedroom apartments still have the greatest demand as these are more within the average persons budget and the rental potential is greater.

12. What is the average price for a one-bed apartment, a two-bed apartment and a detached 2 or 3-bed villa?
One bedroom apartment - € 130,000
Two bedroom apartment - € 185,000
Two bedroom detached Villa - € 350,000
Three bedroom detached Villa - € 500,000

13. Are there still any bargains to be had?
Yes, people that have purchased in the past and their circumstances have changed are offering their properties for sale at lower than market value to achieve a quick sale.

14. Have you had any unusual (humorous) experiences with property buyers?
We had a pair of gentlemen in Gran Canaria who wanted to buy an apartment that they could rent out and make money on. One of our advisors went to meet them in their 5 star hotel in Melonerous. However, when we arrived our gentlemen turned out to be a little man with a funny fishermans hat on and a tall lady/ man all dressed up in a summer dress, sandals, ear rings and covered in diamonds. She had long blonde hair to her shoulders and she seemed to take to me as if I was either her best friend or mum! When I had finally got over my shock we went looking at properties however she would not leave my side and the boyfriend got seriously jealous.

They found what they were looking for and went along to the notary where our lady/man forgot his/her pin number and couldn’t get any money out of the account or crdit card and had to postpone everything was postponed until they got back to the U.K. Talk about a seriously blonde moment.

The moral of this story is never expect to see what you expect to see!

15. How do you see the property market developing in the next 12 months, two years and five years?
Tenerife will see the release of several new developments in the next few years as the building monitorium finishes, there will be an excellent selection of “off-plan” opportunities for clients allowing them to purchase their dream holiday home without the need to find the funds over a short period of time. Buying off-plan normally means that you can purchase your property now only having to find 20 or 30% of the purchase price and you then have 18 months to 2 years to source the balance. Most developers work with the major Spanish banks to enable them to offer a 70% mortgage to overseas buyers. This mortgage can then be covered by the rental return from the property.

Posted in Investment News, Investment Opportunities, Tenerife | No Comments »