The percentage of VAT for first time buyers in Cyprus will be reduced down to 5% for new homes that have a 15% VAT levy

Now is a great time to buy a property in Cyprus as a new law passed in October 2011 provides for a reduction in VAT on new-build properties for those wishing to permanently swap the British winter gloom for Mediterranean sun.

The timing is especially apt with the launch of the latest residential component at Eléa Estate. This is part of the first phase of the newly integrated family-friendly golf development. The mix of 2- and 3-bedroom Garden Villas (semi-detached) and luxurious detached 3- and 4-bedroom villas provide a new affordable entry price starting at €695,000, approximately £575,000 (excluding VAT).

The launch of a further 13 new villas in phase one follows hot on the heels of the seven exclusive golf fronted, 4- and 5-bedroom detached villas launched earlier in September 2011.

The new law passed by the government provides a reduction in VAT and benefits those considering a home at Eléa Estate as a main and permanent residence. The percentage of VAT for first time buyers in Cyprus will be reduced down to 5% for new homes that have a 15% VAT levy.

The legislation applies to homes of up 275m², although the reduction in VAT only applies to the first 200m². The normal rate of 15% VAT will therefore be chargeable on the other 75m² where the home measures 275m². This represents potential savings for buyers.

Eléa Estate’s centrepiece is a par-71 golf course which has been designed by the six-time Major winner, Sir Nick Faldo and 20 properties in phase one are close to the 13th & 14th tees

Golf membership is included with property ownership for immediate family and the annual dues are included for the first year.

The 2- to 3-bedroom Garden Villas also being launched are ‘linked’ (semi-detached) and provide a hassle-free ‘lock-up and leave’ option for holiday homeowners.

Pierrick Prillot, Real Estate Sales & Marketing Director at Eléa Estate says: “We are excited to be kick-starting the New Year with the launch of these new villas, especially as simultaneous steps have been taken by the Cypriot government to help boost property sales.

“This will simplify and speed-up the buying process in Cyprus. These new holiday homes at Eléa Estate offer a great lifestyle with an excellent level of service.”

These new homes will be set on a peaceful hillside and have been designed by Ergo7, under the guidelines of resort planers and lead architect Hart Howerton. There are currently eight types of villas to choose from which offer elegance combined with the best modern living and designs that can be modified to suit the individual buyers’ needs.

All designs take into account Cyprus’s climate and feature a similar amount of interior and exterior living areas. All properties consist of two levels with private pools, covered parking and have the added benefit of lower ground living space. Balconies, roof gardens and terraces have been a feature of Mediterranean homes for many years and these are incorporated to provide light and natural shade.

Each detached villa has a large infinity swimming pool, set in private landscaped gardens with indigenous species of plants. The property specifications include; a fireplace, under-floor heating, lift, en-suite bathrooms and walk-in wardrobes, optional sauna, pool heating and a room with flexible space suitable for a home cinema, study or playroom. Homes can be placed in the Eléa Estate rental pool and full home and garden maintenance will also be available.

Eléa Estate Club House

Eléa Estate will be a fully integrated five-star luxury development and amenities will include a boutique hotel supported by a range of dining options and a ‘village’ with shops and restaurants creating a friendly community feel. For those not keen on swinging a golf club on the signature golf course, an extensive spa is to open offering the ultimate pampering experience in the future.

The mix of 2- and 3-bedroom Garden Villas (semi-detached) and luxurious detached 3-4 bedroom villas provide a new affordable entry price starting at €695,000, approximately £575,000 (excluding VAT).

The launch of a further 13 new villas in phase one follows hot on the heels of the seven exclusive golf fronted, 4- and 5-bedroom detached villas launched earlier in September 2011.

Prices for the newly launched Villas in phase one start at €695,000 (approx. £575,000) for a 2-bedroom Garden Villa. Three bedroom Garden Villas start at €847,000 (approx. £700,000) and three bedroom detached villas are available from €1,521,000, (approx. £1,259,000). See: www.www.eleaestate.com for more information

With net yields up to 8.91% per annum, Milan Condominiums in Orlando fits the bill perfectly

According to the National Association of Realtors (NAR) Florida is the epicentre for international real estate transactions in the United States and accounted for almost one third of the nation’s foreign investment in 2011. Depressed house prices, a glut of ‘foreclosures’ and a weak dollar are the driving forces for this phenomenon and experts believe the trend will strengthen even further in 2012.

Adam Cornwell, who heads up Florida-based Feltrim International’s UK office, explains, “The US property market now offers real value to foreigners, especially in those states hardest hit by the financial crisis. Investors looking to cash in on bank- or fund-owned homes have contributed to a 13% increase in residential sales in Florida year-on-year to October 2011 and also make up a significant proportion of our enquiries at Feltrim International. We do advise caution however, and recommend a long-term outlook with professional tenants providing strong rental incomes.”

A huge pool of tenants

Milan Condominiums is set in the town of Apopka, 40 minutes drive from both Orlando International Airport and Walt Disney World – the most visited recreational resort on the planet. A former victim of the economic crisis, the project is now being marketed to investors as a safe and profitable proposition.

Adam explains, “Construction was completed back in 2007, just before the economic crash, and having only made a handful of sales the developer went bankrupt. Remaining apartments were foreclosed by the bank but subsequently snapped up by a fund that has since finished them to an even higher standard.

“Apartments are now for sale to investors at a massive 60% below the 2007 prices with tenants and a management company already in place. Current net yields are up to 8.91% per annum, more than you’ll get in any bank account. The risk is low as many former Florida homeowners have simply walked away from their negative equity situations and are now renting until their credit record is wiped clean in three years time when they will buy again. This, and population growth, gives us a huge pool of tenants.”

Since 2005, the population of Florida has been growing consistently by 300,000 to 400,000 each year – that’s 1,000 new residents a day.

In fact Florida has a housing shortage. Latest unemployment figures show an upturn in job prospects and, with historically low mortgage rates, many people are looking to purchase. However, with properties discounted 50 to 70% from 2007 prices, new construction projects are unviable and the existing stock is being absorbed rapidly.

It’s easy to see where the rental demand comes from. And, with high demand comes high rental prices – they have either stayed the same or increased so property investors can buy at half price but rent at full price.

A gated community, Milan Condominiums comprises one, two and three-bedroom apartments with fully fitted kitchens, high speed internet, walk-in wardrobes and private patios or rooftop solariums. The community benefits from a resident clubhouse, fitness centre, children’s crèche/playroom, a large outdoor swimming pool and Jacuzzi set in landscaped gardens and on-site property management.

Prices start from just $69,100 USD (approx £44,334 GBP) for a one bedroom apartment, 60% off peak 2007 prices. Apartments are 98% let with professional tenants in place Property management costs are covered for the first two years including cleaning, repainting and minor repairs between tenants.

For further information, visit www.feltriminternational.com.

New South Wales

The bridge over Sydney harbour is world-famous

New South Wales is Australia’s most diverse state and home to the largest and most popular city for Britons to migrate to, Sydney. New South Wales is home to over 780 national parks and reserves that range from the bush and outback deserts to rainforests and waterfalls. With eleven universities in the region, NSW is worth considering for further study and education.

Sydney is a vibrant city and the financial and economic epicentre of the nation. New industries such as information technology and the financial services sector have their Australasian headquarters based in the Sydney Central Business District. There are five World Heritage sites to explore in Sydney including the world-famous Opera House.

Another city popular among those looking to relocate Canberra, the country’s capital city in Australian Capital Territory. It is the political centre with Australia’s federal government based there. Canberra was chosen as the nation’s capital in 1908, as a compromise between Sydney and Melbourne, the two largest cities. The median house price in Canberra is lower than Sydney and Melbourne but higher than all other capital cities.

Canberra experiences hot, dry summers and mild winters with heavy fog and a rare spot of snow. The city is a young capital often known for its pockets of bush land reserve. These bush lands have national park status and extend almost as far as the city centre and right across half of the Australian Capital Territory.

Victoria

Another state to consider relocating to is Victoria, the second most populous in Australia. Geographically it is the smallest mainland state and is bordered by New South Wales to the north, South Australia to the west and Tasmania to the south. Victoria is seen as the sports capital of Australia and is home to the Australia Rules Football and plays host to the Australian F1 Grand Prix.

Melbourne, the state capital, has Victoria’s highest centralised population with almost 75% of Victorians living there. Finance, insurance and property services are Victoria’s largest income producing sectors, while the community, social and personal services sectors are the state’s biggest employers.

South Australia

Australia is known the world over for its relaxed lifestyle

South Australia is home to Adelaide, voted the most ‘livable’ city in Australia by the Property Council of Australia. It has also recently been listed in the Top 10 of The Economist’s World’s Most Livable Cities and with a population of 1.1 million, is the fifth most populated city in Australia. The coastal city is renowned for its cultural influence on the country and hosts many art and music festivals throughout the year.

Despite all of the cultural sophistication connected to the region, South Australia’s economy is based on the manufacturing and defence technology industries. Almost half of cars made in Australia are built here at the General Motors Holden plant in Elizabeth.

Adelaide is the driest of Australia’s capitals and experiences a Mediterranean climate with hot summers and light infrequent rainfall during the summer. In winter, frosts are rare and most of the rainfall occurs in June. Adelaide has a rural feel, with close proximity to the wine regions and Adelaide hills, but still has all of the amenities of a large city.

Queensland

Further north is the state of Queensland, often referred to as the sunshine coast. It’s a popular destination in which to settle due to its stunning weather. Inhabitants experience mild winters and tropical summers allowing for a great outdoor lifestyle. To the north of the state is the Great Barrier Reef, a registered World Heritage Site and the world’s largest single structure made by living organisms.

To the south is the state capital, Brisbane, Australia’s fastest growing capital. It’s only a short drive north to the magnificent beaches of the Sunshine Coast or south to the Gold Coast, famous for its magnificent shopping, surf and nightlife. Brisbane has an average population age of 33, making it a youthful place to live. Over a quarter of the population was born overseas and more than 15% speak a language other than English as their native tongue.

Western Australia

Newcomers who make the decision to relocate to Australia will find that the country truly has it all

It is also worth considering Western Australia. Known for its wine region and mining industry, the main city is Perth. The State is known for being home to approximately 540 species of birds and a significantly large number of plant species.

Western Australia is steeped in colonial history, hence the reason why the region has an extremely high proportion of British-born residents. Perth is known for its strong community culture which is centered around the many beaches. The climate is warm year-round helping to encourage the relaxed outlook of residents.

However, if you are looking for an alternative slice of Australian life away from the normal hotspots to settle, why not consider the red deserts of the Northern territory or the wilderness of Tasmania? Whether you prefer the natural beauty of the Great Barrier Reef in Queensland, the desirable lifestyle found in New South Wales or sports-mad Victoria, the choice is yours – Australia has it all.

For more information about worldwide destinations go to Crown Relocations at: www.moveoverseas.co.uk

A view from the French Alpine resort, Méribel

It seems European ski resorts are no longer snowed under by the global economic downturn and are starting to show signs of recovery according to the first-ever Ski Resort Property Index for Q2 2011 from Knight Frank, with prices in many resorts having now stabilised or in some cases having seen small increases, particularly across the French Alps.

Over the past five years, French ski resorts have experienced a substantial amount of investment, helping improve accessibility and infrastructure as well as the quality of the skiing, However, it is thought that other factors are at play in the stabilisation of prices and recovery of the market.

It has been suggested that a large number of high altitude French ski resorts often prove more reliable in terms of snowfall, while an additional factor at work, apart from the culinary delights, comes from the wide selection of seasonal sports and activities available beyond skiing.

Liam Bailey from Knight Frank

Liam Bailey, Head of Residential Research at Knight Frank, comments: “Demand for property is proving less seasonal in many of the world’s luxury ski resorts. Summer tourism, often involving hiking and climbing, particularly in the Alps, has helped to increase rental incomes for many second homeowners. The Alps are now host to a number of summer festivals, concerts and sporting events attracting visitors year round.”

Certainly, the year-round appeal has been a big attraction for Eurozone buyers in 2010/11. While UK buyers account for 35-40% of prime property purchasers in the French Alps, Italian buyers have been fiercely competing for a slice of the property market having been unaffected by currency variations at the time of the global economic recession.

Further research from the Ski Resort Property Index highlights that sales activity in French alpine resorts in 2010/11 has proved strong with areas such as Courchevel, Méribel, Megève and Val d’Isère performing well and seeing the best properties draw interest from more than one buyer. This has allowed sales to be made at or near the asking price.

High demand

Ranked one of the best ski resorts by the Daily Telegraph and now even easier to reach with Eurostar direct ski trains from St Pancras, London to Moutiers, only 25 minutes away from the resort commencing 17th December, Meribel, situated in the middle of Les Trois Vallées, is in high demand as investors rush to snap up luxury units in the only new build development this season, Les Balcons de la Chapelle.

An interior at Les Balcons de la Chapelle

Business Development Manager, Charlie Williams of Terresens, France’s leading eco-friendly property developer responsible for Les Balcons de la Chapelle in Meribel, comments: “New ski property developments such as Les Balcons de la Chapelle have brought a fresh level of quality and luxury to French resorts. Meribel remains one of the most popular destinations with British ski enthusiasts, ranked one of the 50 most expensive locations for residential property in the world by the Knight Frank Prime Residential Index (2010) with property prices reflecting the desirability of the area.

“While the market is still very price sensitive, viewings for property in prime French alpine resorts have increased and we at Terresens have seen considerable interest in our luxury new build development in the heart of Meribel, perfect for those who desire all year round indulgence.”

The limited number of 2-, 3- and 4-bedroom apartments and chalets of Les Balcons de la Chapelle occupy a prime location, just a short walk from the ski lifts, shops and restaurants and command incredible unobstructed views out over the mountains. Available fully furnished to the buyer’s specification, these luxurious residences afford stunning views over the valley and La Chapelle Notre Dame costing from €560,000.

To find out more about Les Balcons de la Chapelle in Meribel, contact the developer Terresens at www.terresensproperties.com.

Mark Krull

The nights are drawing in and the temperature is dropping and it’s time to switch the heating on. The last thing anyone wants is this most important of creature comforts breaking down and, with the ever more expensive Christmas day creeping closer, saving money on fuel bills is also very important – especially with energy prices creeping up year on year.

Mark Krull, eco-expert from Logic4training – which trains gas fitters, plumbers and electricians – gives his top tips for preventing heating disasters and keeping warm for less.

• Frozen pipes: We suffered a particularly cold winter last year with frozen condensate pipes (the black, white or grey pipe coming from the bottom of the boiler to the outside) a common complaint. Frozen pipes means the boiler will stop working completely.
• To stop this happening again, ideally, you should call a Gas Safe Registered Installer to help thaw the pipe, plus find a solution to the problem. If it’s an emergency and you can’t get anyone to help, use a hot water bottle or heat wrap (like the ones used to ease muscle pain) and hold round the pipe until thawed. Only attempt to thaw a pipe at ground level, which is easily accessible – don’t scale walls or climb on the roof! Once thawed the boiler must be reset.
• Prevention is better than cure; insulate your pipes with waterproof lagging
• Bleed radiators: If your radiators are cold at the top and hot at the bottom this means there’s an air lock and they need bleeding. Unscrew the ‘bleed screw’ at the top, using a radiator key and let the air out until water comes through. If you have a sealed system, make sure you replace air let out with water using the filling loop (this should have been shown to you when the boiler was installed.) If you’re a landlord, show your tenants how to do this when they move in. It will stop unnecessary maintenance calls.
  

  If it's this cold outside, don't let him into your home!

• If you keep having to bleed your radiators it probably means there’s a water leak, so you should call a trained installer to take a look.
• Service: Whether you’ve got a gas, oil or solid fuel boiler an annual service will ensure your heating systems is working to optimum efficiency, plus highlight any problems before they arise. Landlords, this is your responsibility. Tenants, make sure you ask for a CP12 Gas Safety Certificate when you move in.
• New gas safety rules: If you have a boiler where all, or part of, the flue cannot be seen then inspection hatches need to be fitted. You’ve got until January 2013 to sort this out. If you don’t, by law your boiler could be switched-off.
• Keep safe: Install a Carbon Monoxide tester to warn if there’s a leak. If you do have a leak call the National Gas Emergency Service immediately, on 0800 111 999.

Keep warm (and spend less):

• Understand your boiler: Learn how to use your boiler properly and save on your heating. If you’re a landlord (especially one with bills included in the rent) go through how the boiler works with your tenants and explain how to use the heating most efficiently. Don’t switch your heating off in the winter; keep it a low base temperature overnight. It costs more to heat up a freezing cold room.
• Do turn your thermostat down. Reducing the temperature by just one degree, will save eight per cent on your heating bill.
• Do make sure all radiators have thermostatic valves (TRV’s); then you can set the temperature in each room.

Draught proof:

• Stop your home leaking heat like a sieve; invest in some thick curtains, draught proof round doors and windows and cover the attic hatch with blankets. Make sure your radiators aren’t covered by furniture.

Insulate:

• Up to 35% of the heat in your home is lost through the walls, and up to 25% through your roof. Not all houses can have cavity wall insulation, but every roof should. According to the energy saving trust, insulating your loft could save £180 a year.
• The Governments ‘Green Deal’ is offering free insulation for some homes, paid back through utility bills. For more information visit the Department of Energy and Climate Change’s website: www.decc.gov.uk

Listen up landlords!

• 

  Keep safe - and keep warm this winter

  The days of letting out draughty, badly maintained properties are over. Landlords may have to pay fines of up to £5,000 if they rent properties without proper insulation and if tenants ask for energy efficiency improvements you won’t be able reasonably to refuse them. Local authorities will potentially have the power to insist landlords upgrade the worst-performing properties. Help is at hand when it comes to insulation – the Green Deal applies to landlords too.

• To help Landlords make their properties meet the proposed legislation, Logic4training is launching a Landlord Efficiency Awareness Course in 2011. For more information call: 0845 845 7222, or email enquiries@logic4training.co.uk.
• All landlords should present tenants with an Energy Performance Certificate (EPC) which details how a property performs in terms of energy efficiency (plus improvement suggestions).

Call in the experts

If you have any work relating to your gas heating, you must check that the installer you choose is Gas Safe Registered. They should present you with an ID card. If they don’t have this, then walk away – badly installed or maintained gas equipment could result in death. To find your nearest Gas Safe Registered installer, visit www.gassaferegister.co.uk.

For more information about Logic4training, visit: www.logic4training.co.uk.

Azuri will become a truly Mauritian, ocean front village

Azuri is a development project in Mauritius which is under the umbrella of Haute Rive Holdings Ltd. This is a joint venture between the Indian Ocean Real Estate Company (IOREC) and Flacq United Estates (FUEL).

Azuri offers potential purchasers the opportunity to invest in Mauritian property at a price that has not previously been possible, by offering investment at the earliest stage. At present, Azuri is a masterplan for a 420 acre site providing a luxurious ocean front setting, forest and agricultural land only 25 kilometres from the capitol Port Louis.

The Vision

The masterplan for Azuri took nearly two years to prepare and will create a truly Mauritian, ocean front village. The developers have sought to create a new village providing education, hospitality, leisure and commercial facilities built around luxury residences. Azuri aims to be an evolving community of both year-round residents and seasonal guest. Azuri is not just a holiday destination but also a place to call home and will provide the ultimate experience for anyone in search of a better way of living.

IRS residential

An initial community of 169 foreign ownership qualified townhouses, penthouses and apartments in landscaped grounds, with basement car parking, moorings, club memberships and swimming pools, together with access to a wide variety of leisure activities both on and off site.

Local residential

Local Mauritians will benefit from a mixture of 100 townhouses and apartment units, clustered around communal garden areas, with dedicated car parking and boat mooring facilities.

The Centara Grand Azuri Resort and Spa

An 85 bedroom five star boutique hotel in the heart of the new ocean front village will provide the perfect place for visitors to stay. In addition, it will create jobs for local people.

Education

The interior of an apartment at Azuri

The Azuri village is not just a place for a holiday. It is also a place to live. A new international school will be established on the site to provide first class primary and secondary educational facilities to residents. The Azuri team is currently working with a variety of top Boarding Schools in the United Kingdom to transform Azuri into the most desirable area for education in both Mauritius and the Indian Ocean region.

Retail & restaurant

The island has recently become duty-free and the government plans to transform the island into a magnet for shoppers. The first phase of the scheme will provide essential amenities that will include new retail, restaurants and cafés to support residents and visitors.

Marine and leisure activities

In respect to the marine environment, there are to be six distinctive environments within 500 metres of the site, comprising the river area above the weir, the river estuary, the beach front, a protected lagoon and the areas inside and outside the reef. The site benefits from the island’s flora and fauna, creating a diverse environment for people both young and old to enjoy. Leisure activities will range from a relaxing picnic, a game of pétanque or scenic hiking to high-octane sports such as horse riding, mountain biking, “Go Aping” and quad biking.

Improved infrastructure

All residents will receive resort membership packages to the world renowned Le Touessrok Hotel’s international championship golf course, designed by Bernhard Langer, and voted one of the top 10 courses in the world by ‘Golf Magazine’

The north of Mauritius benefits from a modern road network unlike the area to the south of Port Louis. As such, journey times are far quicker and offer easy access to the extensive range of facilities and activities in the north and east of the island. Port Louis, the hub for business and commerce on the island, can be reached in only 35 minutes.

Automatic Mauritian residency

Buyers will receive automatic Mauritian residency by acquiring a property under an Integrated Resort Scheme (IRS). Launched in 2002 to allow foreigners to own property in Mauritius, the IRS properties must form part of an approved development, built to international standards, with world-class amenities and facilities. The acquisition of a property for residential purposes by a foreigner under the IRS rules, allows the purchaser, and his/her dependent family, to reside in Mauritius for as long as they retain ownership. To qualify buyers must acquire freehold property off-plan or during the construction phase with a minimum investment of USD 500,000.

A unique investment

Despite Mauritius having nearly 200 kilometres of coastline, only a very small percentage remains as freehold and Azuri is one of a few locations in Mauritius where freehold property can be acquired. Foreign buyers will be able to invest in IRS properties at a price that is significantly below the average price for other IRS properties on the island. They will be able to become a Mauritian resident a price that is more affordable, with prices at Azuri staring from USD 500,000 to USD 800,000 compared to an average price for other IRS properties on the island of around USD 1.6 million.

Strong economy and tax haven

Strong economic growth has rapidly increased average incomes and Mauritius now has the sixth highest GDP per capita in Africa

With a population of around 1.25 million, Mauritius is a serene tropical island nation off the southeast coast of Africa. Once under British rule, the island’s official language is English. Since its independence in 1968, Mauritius has evolved into a safe, politically stable nation, governed under democracy. Over the years Mauritius has developed from a low-income, agriculturally-based economy to a middle-income economy which has diversified to incorporate thriving industrial, financial, and tourism sectors.

Mauritius has achieved successful social-economic development by adopting an approach to economic liberalism that includes poorer sections of society. The approach includes programmes such as the IRS, which provide affordable housing and employment opportunities for local people. The island has many tax benefits. There is no capital gains tax, inheritance tax or wealth tax and the island has benefited in recent years by becoming completely duty-free, paving the way for the island’s transformation into a shopping Mecca.

Investors only have to pay a modest 15 percent on chargeable income when letting properties and a land transfer tax of USD 50,000 when selling. Mauritius has also become a popular country through which to invest into India due to the capital gains tax shelter on the divestment of equity in Indian companies by Mauritian residents (article 13 of the India-Mauritius Tax Treaty).

To enquire about buying an IRS property at Azuri, contact Hamptons International at  http://www.azuri.mu/.

New York's discount scheme to the Big Apple: CityPass

This fall, take a bite the of the Big Apple for less money. Ever-changing New York City is an ideal autumn getaway. Just as the kids are heading back to school, thinning the crowds at the city’s most popular museums and landmarks, dozens of exciting new shows are opening in theatres on Broadway and beyond.

Leaves are beginning to change colour in Central Park, restaurant menus are shifting their focus to comfort food, and hotel deals are suddenly more plentiful.

A great Big Apple deal is New York CityPASS, which ensures that travellers experience the best of the city at nearly half of the regular price. Each New York CityPASS includes prepaid admission to the Empire State Building, American Museum of Natural History, The Metropolitan Museum of Art and The Museum of Modern Art (MoMA), as well as two option tickets.

The first option ticket lets holders choose between either a trip to the Statue of Liberty and Ellis Island or a Circle Line Sightseeing Cruise; the second, a choice between the Guggenheim Museum and Top of the Rock observation deck.

New York CityPASS costs $79 for adults (value $146) and $59 for kids, ages 6-17. In addition to the savings, New York CityPASS allows holders to bypass most main entrance ticket lines.

Manhattan’s fall visitors will be among the first to see two newly acquired collections of Conceptual art at the Museum of Modern Art (MoMA). And what better way to end the day than with a little music atop the Empire State Building. The 86th-floor observatory, open nightly until 2am (the last elevators go up at 1:15am), now offers live saxophone music (Thursday-Saturday, 10pm-1am).

New York CityPASS can be purchased online at CityPASS.com or at any of the CityPASS attractions. It is valid for nine consecutive days, beginning with the first day of use. CityPASS ticket booklets are also available for Atlanta, Boston, Chicago, Hollywood, Houston, Philadelphia, San Francisco, Seattle, Toronto and Southern California.

For more information on CityPASS, visit www.CityPASS.com

Fernie Alpine Resort, Canada, Opens Polar Peak Lift, The Biggest Vertical In The Canadian Rockies

At Fernie Alpine Resort, British Columbia, you have a ski destination not to miss this winter

The spectacular Polar Peak Lift will add onto the already incredible vertical at Fernie Alpine Resort, British Columbia, now giving the ski resort a whopping 3,550 vertical feet when it opens this winter. Combine the most snow in the Canadian Rockies, with the most alpine bowl skiing in the Canadian Rockies and the biggest vertical and you have your ski destination of choice in Canada.

With over 2,500 acres of terrain over five alpine bowls, the deepest snow in the Rockies and a year-long celebration commemorating 50 years of legendary skiing and riding and you have a ski destination not to miss this winter!

The Polar Peak lift is the only major new lift installation in the BC Rockies for this winter and one of a few new lift installations in North America. It is believed that it is the only new lift installation going to a mountain-top for this upcoming winter.

The Polar Peak Lift adds an above tree-line Bowl skiing experience with over 22 new runs and the incredible experience of skiing off the summit of one of the highest peaks in the Lizard Range, Polar Peak. In addition to the new Polar Peak Lift, Fernie Alpine Resort offers nine other lifts and 140 marked runs – now having the most Ski Runs in the Canadian Rockies.

The Polar Peak Lift provides quick access to the various ridge-lines above the major alpine bowls. This quicker access for Ski Patrol will speed up efforts to open up terrain following the regular snowfalls Fernie Alpine Resort receives.

For more information e-mail: Eileen Clarke at Tourism British Columbia at EClarke@TourismBC.co.uk  (picture credit: Tourism British Columbia)

The opening up of new Jet2 routes from Scotland will give skiers greater access to the slopes

From December 2011, low-cost airline Jet2 are commencing new routes from Edinburgh and Glasgow to the heart of the Alps – Chambery, Geneva and Salzburg. With the winter holiday season only months away many keen skiers will already be planning a vacation and having greater access to the slopes is excellent news with direct flights from Glasgow to Geneva and Edinburgh to Salzburg and Chambery.

Commenting on the announcement of the new routes, Ian Doubtfire, Jet2′s Managing Director, said: “Friendly flight times are carefully scheduled to get passengers to the resorts and out on the snow the day they arrive. Customers don’t need to rush for a seat as they are pre-allocated – we want to make sure any racing is done on the piste and not to get on the aircraft!”

For owners of chalets on the Alpine ski slopes who will be looking to maximise their rental potential, new flight opportunities such as these are always fabulous news.

Charlie Williams, Business Development Manager of eco-friendly ski property developer Terresens and keen ski enthusiast explains: “Giving home owners and holidaymakers more choice and more availability to fly is always very positive news. We are particularly interested in the new flights being opened up to Chambery. This airport is a key portal to get into the Alps but also particularly good for people wanting to ski in the Tarentaise as the airport is only just over an hour from most resorts in this area. This ski region includes Val d’Isère and Tignes which is undoubtedly one of the largest ski areas in the world.

La Chapelle at Ste Foy is fully equipped with a wide range of facilities including an in/out pool and a spa

“We have a particularly interesting development in Ste Foy which nestles just below these two busy resorts. Ste Foy is a beautiful hidden gem, tucked 20 minutes away from the hustle and bustle of Tignes and Val. The beauty of this resort is that the prices are ridiculously cheap compared to their neighbouring giants and holidaymakers have the choice of spending the day on the quiet slopes on their doorstep or driving up the mountain to use one of the other resorts. Another great fact about Ste Foy is you are skiing below the tree line rather than the barren open pistes in Val d’Isère and Tignes.”

La Chapelle is a luxurious 4* block of 68 apartments that provides both a fantastic lifestyle opportunity and also a strong investment with guaranteed and index-linked returns for 18+ years with an excellent French management company. All apartments come with fully fitted kitchens and flat screen TV’s. Shared facilities include an in/out pool, sauna, Turkish baths and a spa.

Prices for apartments in La Chapelle, Ste Foy, start from €161,014 and include furniture and parking.

For more information, contact: Terresens on-line at www.terresensleaseback.com

The cover of the new app

In the last four decades, thousands of people have bought homes in different countries around the globe. In today’s world, ever-increasing numbers are looking to own a property abroad. A recent statistic showed that 40% of Britain’s 55-year olds long to move away from the UK. And those are just the Britons.

Within the EU there are equally large numbers of people who want a home in the sun. Americans are moving to Europe, Europeans are moving to the US, Australia, New Zealand and now countries such as Brazil and Argentina. People are on the move as never before.

One of most crucial elements of owning a home in another country is being armed with knowledge. Having information at your fingertips can really help you to have a wonderful, life-changing experience.

Going Abroad can transform your life

Thousands of people around the globe listen to www.expatsradio.com on a daily basis. The reasons are many. They include the fact that Expatsradio helps them to keep in touch with their loved ones and the valuable and authoritative information that the radio station gives them.

Recently, Expatsradio has started to spread its broadcasting wings to ever-increasing numbers of listeners. The decision was taken to produce a downloadable app that will work on all of these devices. Produced quarterly and in magazine format, the Expastradio app will be free and will contain articles on topics ranging from buying and selling property abroad, travel, food and wine, music and legal and financial issues. This magazine will have something for everyone.

To get involved, whether as a reader, an advertiser or simply because you have something to say, contact us on: www.expatsradio.com or www.homesandtravel.co.uk

Just two hours from Zurich, Andermatt is ringed by the glorious Swiss Alps

Andermatt Swiss Alps, a new luxury integrated hotel and residential resort located in Switzerland, two hours from Zurich, has joined Sustain Worldwide, the prestigious sustainable development membership organisation. Andermatt Swiss Alps will eventually be home to 25-30 villas, 490 apartments and six hotels with 844 rooms, including the showpiece Hotel Chedi Andermatt, which will open in 2013.

Located on the site of former army base ringed by stunning Alpine mountains, the site had largely become considered ‘untouchable’ for Swiss or European developers. “Nobody wanted to take the risk,” said Samih Sawiris, the Egyptian-born developer of the resort and managing director of Orascom Development. “It took a foreigner to realise there was a great opportunity and to have the vision to see the potential on offer here – and to have the guts to take on the challenge.”

Orascom’s major challenge is to build the resort sustainably so that its environmental impact is kept to a minimum – not only now but looking forward 40 years. Based on personal conviction, Sawiris has a firm belief in, and commitment to develop Andermatt Swiss Alps as a carbon neutral resort. The company’s principles espouse contemporary enlightened thinking: that businesses will only continue to prosper if they manage the environmental, social and economic impact of their business actions and activities.

At Andermatt Swiss Alps, the environmental impact is being managed by the generation of heat from geothermal – deep piles drilled into the earth from which to extract heat. Local stone and timber is being utilised to reduce the embodied energy impact of importing materials from far distances. All hotels and apartments will be built to Swiss Minergie standards. The company is exploring the possibility of incorporating the BREEAM environmental methodology, (the world’s most rigorous), into future phases of the master-planned resort.

Andermatt Swiss Alps will eventually be home to 25-30 villas, 490 apartments and six hotels with 844 rooms,

Property released for sale is priced from CHF15,500 (approx £10,000) per m2. The smallest one-bedroom apartment, in one of four apartment houses about under construction, is a large 91m2. The first hotel underway, the Chedi Andermatt, a 5-star superior, is scheduled to be open by 2013. Two-bedroom condos in the uber-stylish, landmark hotel are for sale, priced from CHF22,000 (approx £15,000) per m2. The high-end prices are reflected in the first class design values, and the overarching sustainable luxury of the resort.

Sustain Worldwide CEO Anwar Harland-Khan, said: “Andermatt Swiss Alps’ parent company, Orascom Development, has an enviable sustainability track-record and commitment to enlightened environmentalism. In central Europe, Andermatt Swiss Alps is demonstrating sustainability leadership qualities. The company’s ethos to develop a luxury integrated resort where sustainability is integral to the development and construction process and not simply a bolt on resonates perfectly with Sustain Worldwide’s philosophy.”

Sustain Worldwide’s members, who have committed to develop sustainably and in consideration of their impact on the environment and local communities, are creating luxury sustainable homes that are among the finest to be found in today’s international property market. Set in outstanding locations in Spain, France, Italy, Portugal, Greece, Morocco, Brazil, Kenya, Montenegro, Thailand and now Switzerland, the properties are priced from as little as £175,000 to several million in some cases.

For more information about Sustain Worldwide and its members’ luxury sustainable homes, resorts and communities, visit www.SustainWorldwide.com

For more information about Andermatt Swiss Alps visit www.andermatt-swissalps.ch