Archive for EUROPE

Increasing Chinese Investments In Manchester

Manchester Airport Group has recently doubled its estimate of the value of direct flights between Manchester and Beijing to the local economy. The direct flights have increased the number of visitors many of whom are interested in buying property along the area.

According to Manchester-China Forum, a group promoting commercial ties between the areas, an estimated £2.1 billion worth of development projects were associated to Chinese investors in 2016. Juwai.com, an online property portal being used by Chinese buyers revealed that the number of inquiries into Manchester properties has increased by more than 50% because of the growing enthusiasm for property investment overseas.

It is expected that within the next 10 years, the economic impact of Chinese visitors to Manchester will reach £500 million up from £250 million. The amount is only a representation of tourism spending and it does not include the effects of inward investment, infrastructure and employment.

Rhys Whalley, the executive director of Manchester-China Forum is optimistic for the outlook in 2017 because the devaluation of the pound can lead to an increase in investments in the UK. The property sector is one of the industries that has greatly benefited from the growing connectivity between the United Kingdom and China. The market was also stimulated by the visit of China’s President Xi Jinping in Manchester last October 2015.

Juwai.com also revealed that there has been a sudden increase in Chinese investor interest after the British voted to leave the European Union. Part of the reason for the growing interest is Manchester’s future growth. The city plans to add about 227,000 homes and 200,000 jobs by 2035.

One of the major deals that were signed in 2016 was made by Beijing Construction Engineering Group (BCEG). The Chinese firm will be in charge of the construction of 2,215 rented homes in Middlewood Locks, Salwood which is worth £700 million.

Investors are also looking at investment property in Karon. The investment is more than just a luxury vacation home; it guarantees generous rental revenues considering that Karon Beach is one of the favorite tourist destinations to Thailand. Travelers all over the world want to enjoy a piece of natural paradise.

 

Share Button

The Comfort Of Self Catering Accommodations

If you are planning to take a holiday break and vacation somewhere this year, chances are you are looking for the most affordable summer getaways. The most common dilemma for holiday travelers is when looking for the most cost-effective and efficient and relaxing holiday. Where will you be going to rest and relax on your trip?

Self catering holiday cottages have increasingly become popular today. It offers a lot of benefits to the travelers especially if you travel with groups of friends and families. The self catering properties or cottages which is also called vacation rental in the west are often very spacious compared to the hotel rooms. They are a good choice for large families and large group of friends. These cottages have also communal living spaces where you can host social event with friends in the evening and is also equipped with kitchens for the preparation of your meals.

Whether you want to have a healthy snack in the cupboard for your children or store some wine for your evening meal, you can certainly stash these items in your cupboard. Travelling on self catering style will allow the travelers to buy all of your items in the dry market or local shops. You can even pre-order in order to save time and have these items delivered to you before you get home.

Travelling on this basis will be a great choice especially if someone in the group has special requirements for their diets or if you want to cook your own familiar meals. Self catering cottages also tend to be cheaper compared to staying in hotel suites. This will be good for those who are sticking to a tight budget. Being in a self catering cottage will work out very well for big groups of friends as you can split the costs of everything that you do from the food to drinks and accommodation and other holiday essentials. If you are looking for special amenities, you can find these in Scottish lodges with hot tubs. You can be pampered while being away from the comfort of home.

Share Button