Panorama of Portofino 
Panorama Dubai When I lose time in seeking new places for possible investment property, my dad often says, "There's a reason even if some famous places are just where they are." That is, Portofino, St. Moritz, Capri, etc., are so famous, so beloved, so exclusive because they are actually in place wonderfully beautiful. And 'that's the reason why real estate values \u200b\u200bare higher than in Porto Cervo Golfo Aranci, as that's the difference between St. Moritz and Bever, Portofino and Santa Margherita, St Tropez and Juan-les-Pins. If these famous resorts have been built and visited for centuries by the "beautiful world" - by whom could spend more - it is because they were the most beautiful places from the naturalistic point of view. If I sit in a mountainous area, why not choose the one with the most beautiful mountains and lakes? If I have to spend their holidays at sea, why not choose the place with water, rocks and beautiful sunsets? When it comes to holidays, therefore, nature comes first. Services, then, even necessary, as they are after. The value of investment property, then, is much safer as far as the resort is anchored real and intrinsic values \u200b\u200bprotected by wise governments. The African Garden of Eden, for example, in addition to being risky from a health perspective, difficult to provide the necessary guarantees for a long-term investment. These guarantees, as well as nature, must be politico-economic order, which the State must demonstrate that he inclined to the stability of legislation and also in the inner tube. Safety features that distinguish a safe investment by an investment-suicide. And 'course, a chalet in Suvretta is much less economical of his Romanian counterpart or Lapp, but the constant re-evaluation of security investment is also very different. The golden formula, therefore, nature is more political and economic context.
Water Sardinian
water Dubai Marina
Water Sardinian water Dubai Marina The whole premise to get to the sad point of today: the alleged crack of Dubai World, the holding company that controls all investments, both domestic and foreign, the emirate , including Nakheel, the company responsible for construction projects Palm, The World, and many others. Financial markets in the world, for two days in this part have been shaken by the news that Dubai World has postponed repayment of huge debts which he had to face in order to allow the destruction of culture, nature and financial framework that is under the eyes of the world. Let's step back. Why Dubai wanted to build this huge white elephant? Simple, because they believed it to absorb their future without oil resources in Dubai, among other things, is also not so rich. The plan was, and remains until proven otherwise, from scratch to build a playground for millionaires and retired star, made up of villas, golf, yacht, ports and hotels by unprecedented luxury. All in the middle of nowhere. On the one hand a sea rather ugly - the beaches have been recreated artificially, because originally there were rocks and mud - on the other the desert. That's true, the hot, one that extends as far as the eye can see. Compared to Las Vegas seems to Lerici. The promise of a fairy world where everything You can immediately stimulated the imagination of players and exotic surgeons attracted several investors. The prices were on the whole content and there was a solution for every budget. Palm Jumeirah has been sold quite well and quickly, as well as properties in Dubai Marina, the exclusive area of \u200b\u200bthe port. For three or four years everyone wanted to try Dubai taste of what was done, someone has bought it, someone else has enjoyed a week at the Burj al-Arab, the most luxurious hotel in the world. A tower that comes out of nowhere, among the mud and dirty water. On the wave of many other original, ambitious, projects are parties: other Palm, The World, Prehistoric Park and hundreds of condominiums. The result, as is evident, has been disastrous. Accomplice to a global recession, the huge supply has not been supported by solid sales figures and have properties unsold means not only depreciates the same, but also devalue the entire property sector. Here, in short, as did the money go to Dubai.
should now be clear why the long introduction to the places of historical tourism. In Dubai there is a nice nature? No. In Dubai there is a socio-politico-economic climate similar to the West? No. That's why the level of risk of such an investment is very high. Of course, with similar operations, the experienced operator can make huge profits by buying and selling at the right time, but this may not be the modus operandi of the father who is looking for a safe investment, in a place where you can enjoy nature and services with his family and who wants to see re-evaluated its investment - maybe a little at a time - continuously from decade to decade. Not only, therefore, in Dubai, the landscape is horrible, but it became worse, we tried to go against nature, creating islands, mountains, waterways and beaches. Aberration after another.
Questions to ask yourself when you buy a property in one place, in the city but especially in vacation spots, is: will remain so in ten years? will ruin the landscape with buildings obscene? I have such insurance that the government has no laws or regulations which would affect the property or equilibiri habits who often visits this place? But above all you have to ask: it looks like or has the potential to become the new Portofino or St. Moritz? If you are not good to give these answers, then go play it safe and opt for something that even your grandparents knew.
JS
