Italy is the world’s favourite destination

Italy is the world’s favouritie destination, with readers of Condé Nast Traveller voting it the world’s best destination for 2014

Italy has retained the top spot for the fourth year in a row thanks to its diverse landscape, abundance of history and culture, and good food.

Italy was followed by the USA, for its “friendly people”, and Australia.

Readers of the luxury travel website also put Sicily in third place as the world’s best island, just behind the Maldives and the Greek islands.

The island of Capri, off the Amalfi coast, came seventh for its “delicious food and fantastic places to stay”, while Sardinia came 14th.

Rome and Florence were voted the world’s seventh and eighth best cities “outside of the UK”.

Italy’s hotels also fared well, with Portofino’s Belmond Hotel Splendido and Rome’s Hotel de Russie coming second and third as the most favoured hotels in Europe.

Here the complete article: http://www.cntraveller.com/awards/readers-travel-awards/rta-2014/page/destinations

From: Thelocal.it

Strategic alliance between Knight Frank and Douglas Elliman

Strategic alliance between Knight Frank Residential and Douglas Elliman, the leading residential agencies in London and New York

Two of the biggest names in residential property, Douglas Elliman Real Estate and Knight Frank Residential, have today announced the launch of a new residential real estate alliance.

The firm’s combined network will now include 400 offices across 52 countries, and nearly 20,000 agents. Douglas Elliman and Knight Frank Residential will jointly market more than $38 billion of prime and super-prime properties priced at $1.5 million or more.

Douglas Elliman and Knight Frank Residential are the fourth largest residential brokerage in the United States and the largest independent residential brokerage in the United Kingdom, respectively.

The alliance will include co-branded offices, select top tier agents, and shared marketing of fine luxury properties, resulting in the largest interactive and connected network for prime and super prime properties in the world.

It will share marketing resources for domestic and international properties of at least $1.5 million through co-branding seven offices across New York City, South Florida, and Los Angeles, which cover the key high net worth markets in the US.

Lord Andrew Hay, Global Head of Knight Frank Residential, said: “The property market has become increasingly global as the mobility of buyers increases; accordingly, there is now a wider selection of both investor origins and investment destinations. For agents, this trend dictates that it is essential to be best in class in both New York and London in order to provide high net worth clients with the most comprehensive service and access to the best properties globally.

“The strategic alliance between Knight Frank Residential and Douglas Elliman brings together the two leading agencies in the world’s two most important markets. The aim of the alliance is to provide a single market view, consistent expert advice and exceptional service – whether it be in Park Lane or Park Avenue”

Hay goes on to say: ” What makes the alliance so powerful for both our clients and our brokers, are the deeply etched hallmarks that can only be found in independent property agencies: a ‘client first’ focus, professionalism, a brand that adds value, market leading websites and a shared ethos of building long term relationships. Douglas Elliman stands out a mile in this respect. We only engage with best in class, Douglas Elliman are unquestionably just that.”

With the number of Ultra High Net Worth Individuals* (UHNWIs) set to expand to 215,000 over the next 10 years from the current number of 168,000, according to Knight Frank’s Wealth Report, the alliance will capitalise on this expansion and the prevailing trend for those individuals to own property in London and New York.

“This new global alliance formed by Douglas Elliman and Knight Frank Residential is a testament to our shared history, vision, and commitment to our clientele. With our group of top dedicated agents, the finest international properties, and in-depth global market analysis, we are offering our customers a truly seamless experience whether they’re in Malibu, Manhattan, or Moscow,” said Howard M. Lorber, Chairman, Douglas Elliman.

Douglas Elliman and Knight Frank Residential first began their strategic relationship in the 1970’s through international referrals.

“The strengthening of our relationship with Knight Frank Residential further solidifies Douglas Elliman’s position at the top of the real estate industry through our unique marketing platform, shared market insights, and unmatched ability to connect buyers and sellers on a global scale,” said Dottie Herman, President & CEO, Douglas Elliman.

From: Knightfrank.co.uk

Great time to buy Liguria property, as pound hits 1.2258 versus euro

Planning to buy a property in Liguria?

Then 2014 could be the year to do so, because the pound recently hit 1.2258 against the euro, its strongest in 14 months or since January 10th last year, considerably cutting the cost of Liguria property.

To put this into context, sterling was as low as 1.1403 in March last year, meaning the pound has since climbed +7.5%, or 8 cents versus the euro. Were you to transfer £125,000 to buy a Liguria property, you’d therefore now receive +€10,688 more now than 12 months ago!

Sterling has risen, because the UK economy is firing on all cylinders. For instance, confidence among UK businesses recently hit its highest since September 2009. Moreover, the UK economy is forecast to expand +3.4% this year, more than any other major country.

At the same time, the euro has declined, because the Eurozone outlook remains cloudy. For instance, the currency bloc faces a serious threat of deflation, whereby prices continually fall. Moreover, the Eurozone will grow just +1.2% in 2014, according to official forecasts.

Looking forward, the pound could climb further against the euro, as the UK and Eurozone economies continue to diverge. For instance, while the Bank of England is primed to raise interest rates in Spring 2015, the European Central Bank will hold rates close to 0.0% for at least another 2 years.

In short then, Liguria property looks set to stay more affordable in 2014, as the pound leads against the euro!

 

By Peter Lavelle at currency broker Pure FX. To get free expert foreign exchange advice about the best time to transfer money to Italy for a Liguria property, call us on +44 (0) 1494 671800 or email enquiries@purefx.co.uk.

International Schools in Liguria: Sanremo

English language classes arrive in Sanremo!

Sanremo’s Mater Misericordiae Institute has opened up beginner level English language classes to children aged 30 months to 6 years old. Second level Italian and English language classes are also offered to children aged 6 to 11 years old.

For more information: www.matersanremo.it/web/magic.html

There are also many education facilities based nearby in Monaco – from nursery to University level!

For more information:

www.ismonaco.org

www.monaco.edu

2013 Blue Flag beaches: Liguria is the most pristine

In 2013 Italy Boasts 248 Blue Flags Beaches and region Liguria has again the highest number of Blue Flag beaches

Italy has 248 top beaches, two more than last year, in 135 municipalities. The figures emerge from the 2013 Blue Flag table, which certifies the services and environmental friendliness of coastal and lakeside resorts, as well as the cleanliness of the water.

Blue Flags are international distinctions, created in 1987, with patronage and support from UNEP, the United Nations Environment Programme, and the World Tourism Organisation, which aims to promote a sustainable development at beaches and marinas through strict criteria such as water quality, environmental management, safety and services provided close to or within the beach area. To the Blue Flag Programme participate beaches and marinas in 41 countries of all the world.

LIGURIA’S TOP SLOT – Liguria again tops the regional table with 20 flags, increasing by two this year.

It is followed by the central Marche region with 18 (+2), Tuscany with 17 ( + 1 than last year), Abruzzo 14, Campania remains stable with 13, Puglia with 10, Emilia Romagna with 8 and Lazio with 5 like 2012. The two Italian islands, Sardinia, famous for its crystalline waters and luxury Emerald Coast resorts, has one more flag this time with nine but Sicily lost one flag land is now on eight.

In the West Liguria there is the new entry of San Lorenzo al Mare , but also the confim of Sanremo, Camporosso e Bordighera. These are the other 2013 Blue Flags in our region: Spotorno, Bergeggi, Finale Ligure, Noli, Savona Fornaci, Albissola Marina, Albisola Superiore, Celle Ligure, Varazze, Loano, Chiavari, Lavagna, Moneglia, Lerici, Framura e Ameglia.

Blue Flags for Marinas & Small Boat Harbours

The Blue Flag fro Marinas is an annual environment award to Small Boat Harbours or Marinas that have focused on good management of facilities and services regarding the environment and nature, as well as provide information to their users about the environment. To be eligible for this award, the Small Boat Harbour or Marina has to fulfil a number of criteria related to education, information and environmental management, safety, services and water quality.

This year, also for Marinas, Liguria wins again with 15, incresing by one this year.

In West Liguria these are the 3 blue flag Marinas:  Portosole in Sanremo, Marina degli Aregai (Santo Stefano al Mare) and Marina di San Lorenzo.
In the rest of the region: Marina di Andora, Porto Luca Ferrari in Alassio, Marina di Loano, Vecchia Darsena di Savona, Cala Cravieu in Celle Ligure, Marina di Varazze, Porto Internazionale Carlo Riva in Rapallo, Marina di Chiavari, Marina di Porto Venere, Porto Bocca di Magra (Ameglia) , il Porto Lotti e il Porto Mirabello in La Spezia, a new entry of 2013.

Well, another good reason to buy a property in Liguria…..