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Overseas Property News
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European tax havens avoid property crash
Country: France
13 July 2009 European tax havens located within close proximity of Britain have managed to avoid the property downward experienced across much of Europe, due partly to an increase in the number of wealthy Britons seeking to flee the UK, and avoid likely tax rises, according to a report out today. Advisory specialist, Sovereign Group, report that property values in Monaco and Gibraltar have not fallen, and have either stabilised or appreciated, despite the fact that the price of nearby properties in Cote d’Azur and property in Costa del Sol have fallen by up to 50% since the peak of the market in late 2007.
Residential prices in the Isle of Man, Geneva, Guernsey, and Jersey have also posted gains, according to the report. Much of the demand for homes in these tax-friendly destinations is being fuelled by a “new breed of British tax refugee”, says Howard Bilton, chairman of the Sovereign Group. “For many months now, 20% of all new business at our London office has been from wealthy individuals looking to move offshore to escape what they expect to be increasingly harsh tax rises,” he added. “Very often, these clients are looking to take their businesses with them.”
See Also: Geneva, Gibraltar, Guernsey, Isle of Man, Jersey, Marc Da-Silva, Monaco, Tax, Tax-havens
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Price: £16,198
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Type: House
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Town offering all shops and services, markets, schools, situated 5 minutes from the Orb river valley, 30 minutes from Beziers and the motorway.
Building needing total renovation (floors, roof, etc) in a quiet street, with 30 m2 private garden.
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Price: £16,614
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Type: Apartment
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Autignac: Nice village with all shops, 15 minutes from Beziers, 20 minutes from the motorway and 30 minutes from the coast.
Flat leisure land of 10 000 m2 located 500 m of a village with all amenities.
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Price: £22,000
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Type: Apartment
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Bedrooms: 1
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World Class Chateau Estate in idlyllic French Lake District* Non-Status Finance*150% Guaranteed Buy-Back* 8% guaranteed return years 1-2 *8%+ NET return year 3 onwards*Spa, Golf, Outdoor pursuits*Buy via your SIPP*Immediate income*I am an investor
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Price: £26,582
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Type: Apartment
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Saint Genies de Fontedit : nice village with all shops, 15 minutes from Beziers, 20 minutes from the motorway and 30 minutes from the coast.
Flat leisure land of 18 000 m2 located 500 m of a village with alla amenities.
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Price: £28,000
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Type: Apartment
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Bedrooms: 1
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Make your pension work harder with 13.6% NET return pa via a SIPP*0% Non-Status Finance*Exit Strategy with 150% Return on Your Capital Investment*200% NET return over 10 years*Investment so brilliant I have bought one myself*Only 6 units left
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Price: £28,000
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Type: Apartment
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Bedrooms: 1
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Last remaining fractionals at this stunning resort for 1/12 ownership of a luxury Chateau Suite. An opportunity to own a share in the luxurious Chateau de la Cazine, combining the perfect lifestyle choice, with a rewarding investment.
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Price: £29,074
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Type: House
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In a hamlet at 5 minutes from Lamalou les Bains, stone house to renovate with possibility to make 90 m2 of living space on a plot of about 100 m2.
Ground = Courtyard/garden of 30 m2 + ruine of about 70 m2 ground surface.
1st = Possibility to make a
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Price: £29,240
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Type: Apartment
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Autignac : Nice village with all shops, 15 minutes from Beziers, 20 minutes from the motorway and 30 minutes from the coast.
Flat leisure land of 20.135 m2 located 500 m of a village with alla amenities.
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Price: £33,219
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Type: House
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Village with cafe / restaurant and small grocery store, 10 minutes from major shops and 30 minutes from Beziers, the highway and the sea.
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Price: £33,228
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Type: House
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Bedrooms: 2
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This village house is situated in a village in the north of the Gers. Property for total renovation. The house, of approx. 109 m2, currently consists of 4 rooms with two separate entrances.
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