Tag Archives: financial

Costa Blanca

Common errors and how not to be fooled! Obsession for certain All have heard about the region Catalunya, and Barcelona in particular, and believe that this area is limited to Spain. But by the standards of the Spanish Catalunya has a bad climate, there are very high prices, including real estate. Fit land for the construction of very small, and therefore offer the real estate market is small. Advise you to pay attention to other regions, above all – on the Costa Blanca. A very common misconception that in Ukraine than in Barcelona will not get. If you have additional questions, you may want to visit Richard LeFrak. It is not. Planes fly from Kiev in Madrid. There is a seamless connections from Madrid and Barcelona to any airport in the country, as well as comfortable and cheap buses and trains.

The desire to live right on the beach Ukrainians, Russians and the rest of our former compatriots often ask the first line from the sea. Should not do it. Why? Firstly, the accommodation on the first line is much more expensive than the second – third. Why pay 20 – 40% more for 100 – 300 meters? Is not it easier to pass them on foot, saving seriously for buying? Second, the house by the sea assume the wind and the sea breeze is sometimes quite strong. Houses are subject to constant influence of sea moisture, salt and sand from the beach, which makes all too often paint, and even change the metal structures and greatly complicates cleaning. megalomania when choosing a property of the former Citizens USSR multimeter to buy apartments, houses with large (15 – 20 or more acres) land …

Primeval Ocean

Temporary abandonment of the struggle. Illusion quench all desires, like a death. And yet, being that phase of life, when the kingdom of God is within us. When a sense of harmony is achieved only at the expense of overcrowding in one – a sense of the ocean. Any strong feeling that love, fear, temporarily change the whole picture of the world.

Importance may become unimportant, and conversely, those who had nothing to turn into something – and this is a manifestation of this magic of life. When little kitten, dying from his own courage, sill explores the thirteenth floor during the opening wide open window, he is going through an extraordinary excitement. For him it is the most important event of life. All of his feelings – and curiosity, and courage – are subject to feeling great, like the ocean, the danger which emanates from the gulf side. In the primeval ocean Life at first was much calmer. Once there was a big world, whose inhabitants, in order to fulfill all their desires, it was enough to take a breath.

That if they were tuned to an active lifestyle. If they belonged to a lazy majority, in order to fulfill all wishes, it was enough to do nothing. This world is called the Primeval Ocean. His living water, free washing the exterior and interior surfaces original living bodies, almost indistinguishable from that of water itself was to them, in terms of modern concepts, and air, and food and clothing, and vehicles, and a source of new experiences, including love, and Entertainment and treatment to provide easy transmission through a smart, gentle waters.

Apartments In Kiev

Kiev is not only the capital and one of the biggest cities of Ukraine, Kiev is an important historical center (the area Shevchenko area was the center of the ancient Kievan Rus), a monument of Slavonic culture and architecture, and as a modern center of business and finance. Kiev attracts a huge number of tourists, including both foreigners and residents of other regions of Ukraine. Despite the fact that Kyiv is a large chain of hotels different levels of service, but prices for hotel services are quite high, and as a rule, price is not provided complies with the quality. As the saying goes: "Demand creates supply," and in the 90 years begins its development market apartments, which are dealt in Kiev. First, it began to engage in private traders to find customers at the stations, as well as sticking ads.

Quality of the apartments and rooms were often on a low level, but the tourists attracted by the low compared with the numbers gnostichnymi cost, because demand for apartments in Kiev was the time. Somewhere since 2000, apartments in Kiev began to offer real estate agencies. Robert J. Shiller has much to offer in this field. They either buy apartments or rented them for a long time, they did a good repair, develop new furniture, household appliances and video equipment, and after that rented by the day and the hour is cozy and comfortable apartments. Prices for such apartments have risen, but still far below the cost of hotel rooms and hotels. Today the market of apartments in Kiev offers well-appointed suites of any level and for every taste at relatively low cost. The company "Vegas" several years of successful activity in the market delivery of apartments in Kiev.

Russian Real Estate Market

Due to lower sales volumes, many real estate agencies refused to make contributions to the trade unions, moreover, increasingly began to sound the need for participation in regional associations. Top managers of some companies do not see tangible benefits from such membership. Representatives of the Russian Guild of Realtors seem to understand that in order to maintain the association of old members and attract new ones, the traditional package of services is no longer enough. Companies want not only to improve status but also economic benefits. Another important feature of the Russian real estate market – a strong distortion of intelligence and numerous legal conflicts that arise due to frequent changes in legislation. To broaden your perception, visit Tishman Speyer.

On the testimony of many members of Congress, some of the deals done today at prices that do not meet those specified in the contracts. In addition, from 15 to 25% of transactions accounted for the so-called black brokers and unscrupulous agents, often working two or even three companies simultaneously. All this paves the way for kriminala.Chtoby "whitewash" the market, offering professionals exempt from income taxes those owners, they sold the property, which is owned by more than a year, or replace it with a tax on capital gains (the difference between buying and selling). Today, these pilot projects are processed in four Russian regions. Previous reduction of the barrier (from 5 to 3 years) has brought out a significant part of the shadow of transactions. Based on the report of the congress, published in "Rossiyskaya Gazeta", Realtors do not share the joy at the renewal of free privatization. According to them, it prevents the creation of market rent public housing: getting an apartment, the man immediately draws her into the property. In addition, the housing is provided without regard to the status of the employer, whereas in the West, they can use only those officially recognized as poor, the rest rented at market rates.

According to forum participants, the Russian real estate market requires "legal interpretation". For example, the profession, "Realtor" appeared in the qualifying reference only six months ago and somehow in the "dangerous production, nuclear power." The main disadvantage of certification, which came to replace the licensing – voluntary (out of 1,300 members Russian Guild of Realtors is certified only 611). The law of self-regulatory organizations also do not fully meet the requirements of the industry: if each SRO will begin to create their own standards and criteria for admission into the profession, risks for clients to rise sharply. That is why federal law requires of brokering real estate, which will supply a unified bar. According to market players, all that is necessary in the first place consumer. For the vast majority of Russians apartment becomes the single most expensive acquisition ever made. To minimize the risks associated with the transaction will create a single registry of brokers, where, in addition to White will be blacklisted. In addition, the law would regulate the list of services, would establish qualifications and professional level of responsibility to clients and the firm.

The Borrower

5. Good credit is expensive. Unfortunately, it's true. When getting a mortgage the borrower must be ready for a significant lump sum payment. For example, only for the consideration of an application by the credit committee (With no guarantee of results) will need to pay more than $ 100. After selecting an object will need to pay for its independent assessment (assessor Bank) – $ 100-150. For opening a bank account are paid from 0,75% to 1% of the loan amount.

After buying also required to pay the premiums – 1,5-1,8% of the loan. 6. Kopi money for a down payment. The initial payment (the amount you need to make a purchase of an apartment on your own) is in various banks from 20-30% of the price. There are two ways to do without an initial payment: – a loan for consumer purposes (the amount received is embedded in the purchase of an apartment) – conducting transactions on the exchange of mortgage scheme. In as an initial contribution will be credited the money raised from the sale of existing estate. 7. How much money the bank will – so flat and costs (on clothes Stretch legs!) If the bank gives the borrower to obtain a permit credit for a certain amount, the client receives exactly her, regardless of the actual value of the apartment. If the bank gave permission to the borrower for a loan of $ 30,000, and the borrower expects exactly that amount – borrowing it (just this amount) Oops! Because the bank stipulates that a credit will not exceed 80% (or 70% – depending on the bank) of the purchase price.

Social Insurance Fund

The birth of a child – it's always a holiday. Of course, as befits every holiday, it passes quickly and gives way to endless series of everyday life. Young parents need to address many issues related to the provision of child favorable conditions for growth and development. At first, they have the support of the Social Insurance Fund. This state, therefore, supports the parents' newborn babies. After all, if you will not be born children, the nation doomed to extinction. Payments are most often young mothers. But the law can get, and other family members: fathers, grandmothers, grandfathers.

The amount of assistance can initially provide the child with everything they need. Further, all content of the kid falls on the shoulders of parents. But we are now talking only about material needs. For some reason, many parents believe that their case – to give the child clothes, shoes, food, shelter and a minimum of entertainment. A to educate children must state, kindergarten, school, college.

It turns out that most teachers of our children are the street and television. This is fundamentally wrong and irresponsible! Immunize your child social and universal values is only possible in the family. And only in the family can teach a child to independence. It is not so important to leave to his successor an apartment, how to teach him to earn enough so he could buy himself accommodation. It should not only seek to give a child everything you need, but also teach his own to support themselves. Most parents overlook this important aspect of education. But you can teach a child to adulthood live wisely and in that time for him to form a capital that he can manage and dispose of at their discretion. Make it helps children's cumulative insurance. If your coming of age child will have at its disposal a large enough amount, you can use to pay for tuition or to make another major investment in the future.

Car Loans How Perspective Investment

Prices of foreign cars assembled in Russia remain elevated. Yet one can hardly expect them real hard slide. Localization of assembly plants reduces the cost of cars is not more than 10-15 percent. For more massive fall in the price you want to organize on the territory of Ukraine engines assembly, and to this none of the existing today in the domestic market of foreign car companies still can not go. Purchase car loan today for the majority of Russians became the only way to invest money. Because the money for the purchased car does not succeed – once longed for transport vehicle leaves the gates of the store, it loses in price about 20 percent.

But invest their earnings so that they have not been eaten by inflation, the car can really be. Especially in our own time to services to potential motorists a wide range of various credit schemes. Auto Loans deservedly enjoys a celebrity in the banking environment. The fact that the collateral for the loan in this case is the car, registration certificate which is stored in the mortgage from the bank all the time until the loan is paid. As a result, the amount of arrears on this type of lending is only about 2-3 per cent. Approach This figure can help the "road" banks, which are somehow related to ease with the manufacturers of certain brands of cars and can lend at lower than the average market rate of interest. Prospects for this type of lending considerable, since before the State Duma today are amendments to the Law "On banks and banking activity", which will allow banks with a capital of $ 100 million apply for a license to work with physical persons after registration. Today, the bank's due diligence period is 2 years and so many are forced to use the mediation scheme. Which in turn increases the cost of the final product, that is, loans to consumers.

Realtors

Not many people realize this and that’s it. That the most annoying, even the majority of Realtors do not understand how is it possible to sell coffee in a rented room. Sell such an object can only professionals who are trained to conduct such transactions. The most difficult thing in this kind of business, this estimate of value added to the cost of equipment, ie what can be “touched with his hands.” We have repeatedly written that the sellers of the business, as a rule, very strongly overestimate the price of its facilities by investing in the cost of all that is possible, even appreciating their own unique intelligence. Unfortunately, the market is tough, and rating is actually very simple: buy a business at that price, so is its price, not bought – it is necessary to reduce as long as buy. Even if in the end price of business as a whole will be cheaper than the total cost of individual machines, fixtures, equipment, etc. So, too often the case.

Some mathematical model for valuing a business sum is difficult. You can only try to bind to any economic assumptions. Well, for example, in developed countries during the normal return on investment at risk is considered average for 5-6 years. If it is a contribution to the property, then all of 10. In the CIS such terms do not recognize, the markets still are, therefore, more than 4 years of payback period for most businesses today in Ukraine, this kind of stupidity. A year or two – that’s what we need.

Therefore, we in our work in valuing a business for customers trying to attach to more or less acceptable in term of two, maximum three, years. What does this mean? A cafe, which we mentioned above (30 thousand USD, 100 sq. m.) should be recouped in about three years. 30 000 u.e./36mesyatsev = 833 dollars. (7000 USD). – It must be his net income. Normal net profit cafe that sells. If the cafe makes a profit over 833 dollars., Then you can raise the price and, if less mean 30 thousand USD for it is expensive. But in principle, acceptable price. Here are some examples of the value of a cafe in the premises leased from our database. Akademgorodok, 9 thousand dollars., 90 sq.m., Petrovka, 20 thousand dollars., 56 sq.m., Center of Kiev, cafe-billiard room, 31 thousands U.S.., 96 sq.m., Shulyavka, 27 thousands U.S.., 70 sq.m. When buying a cafe in the rental place has one big advantage. If you buy a legal entity, then save at least a month of time to prepare all permits documents

Commercial Mortgages

By the word 'mortgage', we started to get used recently: it is a relatively new concept for the Russian practice. If your mortgage housing is becoming more common, the commercial real estate mortgage – has only a few precedents. Mortgage real estate or commercial mortgage (the mortgage business), is widespread throughout the world. Western experience shows that with proper operation of commercial real estate – rental premises for offices, shops, service businesses – its yield is comparable to any other small business and allows the use of mortgage loans. The essence and conditions of commercial mortgage mortgage loan issued for the purchase of non-residential buildings: a warehouse, office, etc. Meaning the mortgage is to purchase commercial real estate lending under her own pledge. Unlike residential lending, commercial mortgage is short term loan repayment, but the relatively high interest rates.

Typically, the annual rate credit mortgage commercial property ranging from 12 to 16%, mainly in foreign currency. The term of the mortgage property – a maximum of 12.10 years, and the most common term – 5 years. Borrower must make an initial contribution of 25-40% of property value. In this case, the client must be a profitable balance sheet and at least one year on the market. Legal nuances commercial mortgage commercial mortgage scheme similar to the non-residential mortgage housing: there is the same assessment procedures of the borrower and the object, the requirement for a down payment. But there is a fundamental difference – law does not allow companies to register a mortgage on real property until the conclusion of the sale.

Registration In Country Houses

Recently, the Constitutional Court allowed the citizens to get registered for summer residences. The reason for the decision was a suit of citizens who for years vainly tried to register at their summer homes, so they did not have alternative accommodation. Moscow region, as we know, most "suburban" area of Russia. Moscow is waiting for a dramatic increase in local residents? The plaintiffs have indicated that provision of the law "On the horticultural, gardening and dacha non-commercial Citizens' Associations, which prohibits configured in the garden houses, contrary to the Constitution, which guarantees freedom of choice of residence. The COP took the side of the plaintiffs and ordered the federal legislators to bring law into conformity with the Constitution. Judges are also encouraged regions, without waiting for the center, make their own laws, but the cottagers have indicated that they now can be prescribed through the courts. However, be registered in the country case will not be easy, as judges, deciding, made two important caveats: First, can only be prescribed in the suburban towns located in the residential areas, second only to those buildings which officially recognized as residential. More than 20% of garden plots are located outside the boundaries of suburbs and villages, often on farmland.

Their owners are deprived of a villa residence automatically. Summer residents of the dacha, located within settlements should be recognized of their homes suitable for year-round. Requirements for residential premises, established by government decree of Russian Federation 47 of 28 January 2006 "On recognition of the room accommodation, lodging and uninhabitable apartment buildings slated for demolition and emergency", stipulate that a house should be provided with "engineering systems (Electric lighting, industrial and drinking water and hot water supply, sewerage, heating and ventilation, as well as areas in gasified and gas).