Overpricing living at British capital than flying everyday from Barcelona

To live in Barcelona and commute to London is cheaper than to rent a flat in the British capital

Friday, March 21, 2014 -

London is experiencing a price bubble that makes it cheaper to live and travel thousands of miles every day to reside there. photo: yahoo finance

British blogger sam Cookney wanted denounce the folly of living housing prices in London showing that would be cheaper to rent a bigger house in barcelona and commute by plane to the uk to live there

considering that their work week includes four days working in an office in central London and one at home, and with house prices rising at a rate of between 5% and 10% monthly on the British capital, , Cookney made their accounts ... and I did better than I thought

As he explains in his blog , made ​​reference to the 1,795 euros that according to British property portal Zoopla costs a one room apartment in the west London suburb of Hampstead, an area of their choice and very popular with young professional singles as he added to this figure, a municipal rates 90 euros and the payment of necessary transport to get to work, which costs about 140 euros. in total, live in london would cost 2,025 euros at current exchange rates

To compare, in Barcelona decided to choose the Nou Camp, a place where he had resided Cookney years. "A middle-class residential area and very similar to west hampstead" says

There he found a three bedroom and three-bedroom "a stone's throw from the metro." price, 680 euros per month. addition, notes, "In Spain the tenant does not pay municipal taxes"

In transportation, opted for the cheaper option: ryanair flights from el prat airport to London Stansted for only 34 euros roundtrip ticket. to that he added the 23 euros a day it would cost the city between home, work and the airport by public transport

Recapitulating the 34 euros a day of air travel and transport 23 euros for four days a week for four weeks and add 912 euros per month. if you add the 680 euros of rent, the final price for living in barcelona is 1,592 euros

And, as pointed Cookney, "compared to my life in London, this option would save me 387 euros, which would enjoy bottles of rioja 5 euros sitting in one of the three balconies of my house"

What options are there for investing now in Spanish brick?

Wednesday, March 12, 2014

What options are there for investing now in the Spanish Real Estate?

The emergence of large funds in the real estate scene has generated some buzz about whether now is the turning point for the sector. while some investors grope, others are already taking positions. however, the range of possibilities that exist today to bet on the real estate business is quite small. direct purchase of properties, The REIT, real estate funds or shares in real estate in the bag are the only alternatives although not enjoy the pleasure of analysts

Being the black sheep to become a star market . international perception of the Spanish Brick has changed dramatically in a few months. this has allowed to see a trickle of transactions within the sector since last summer. a trend that, according to experts, is expected to continue through this year

But one thing is going into brick and other find the right way to do it. President bnp paribas real estate Spain, luis martin guirado indicates that is not the same login as an individual, as a family office, as an institutional fund or a small corporate. at the same time, remember that there are multiple ways to land in the real estate business with direct investment, through a partnership, of a collective investment (REIT or fund) or an indirect investment

In other words, the combinations are varied. "An institutional investor can enter directly buying the asset or forming their own REIT or invest in any of them." "In the end, everything depends on the level of control you want to take over the property and the risk you're willing to take" sentence

In that sense, Martin guirado clarifies that if you buy a local unfunded "you are the lord and master" but run with a number of risks: if you manage to rent or not, if ignited, etc. however, if you choose to take an interest in an investment company, which has invested in 50 local, the control you have on the real estate asset "zero" but the risk is shared

But regardless of the investor profile (more or less risk averse, more or less available capital, etc.) and the "form" as the active controlled, the fact is that analysts believe that the general options are only four possibilities