Owner: Alghero Property Blog URL:www.algheroestates.com/blog Join Date: Wed, 03 Oct 2007 07:34:44 -0500 Rating:0 Site Description: Alghero property blog is dedicated to highlighting the real estate opportunities and market trends on the west coast of Sardinia. Site statistics:Click here
We’ve been Posh’d 2007-10-01 16:51:53 We are pleased to announce that algheroestates.com has been included in the list of nominees for best real estate website. In Posh’d own words “Ever visit other Real Estate websites for inspiration? Ever notice how many of them are VERY similar? We support those sites trying to break the mold and make real estate sites on the web a better experience for everyone”.
If you like our website then vote for us by click on the stars under the Alghero Estates logo, we appreciate your support.
Why Ryanair is here to stay 2007-09-21 13:15:28
It’s an accepted fact that the North West coast of Sardinian and in particular the Alghero area have significantly benefited since the arrival of low cost airline Ryanair
back in the year 2000. Single handedly Ryanair marketed the beautiful island of Sardinian to the rest of Europe and in doing so Alghero’s economy has boomed.
Here are some astonishing facts:
1. In the year 1999 less than 590,000 passengers passed through Alghero Airport. We expect to see 1,300,000 passengers this year up 21% on 2006.
2. In 1999 over 80% of passengers were Italian nationals. In 2007 we expect to see international passengers to account for more than 60% of total passengers.
3. Since 2000 Ryanair have been responsible for the employment of over 400 Sardinians directly and countless thousands more indirectly in the growing hotel and catering tourism industry.
The Alghero Estates team are often asked our opinion on the Ryanair factor and if they will continue flying to Alghero for the mid to
Real Estate guide to the Sardinia luxury tax scheme 2007-09-16 16:48:52 Following a number of requests from our readers todays post is all about property taxation on the island of Sardinia. Although you have probably read in the English press about the Sardinian luxury tax there is very little information on how it directly effects the cost of real estate ownership.
After researching this subject extensively for the past week I was surprised to see how difficult it was to get detailed information. So without further a do here are my findings and hopefully it will give you the information you have been looking for.
Background
The introduced of the luxury taxation scheme is the brain child of Renato Soru, the centre-left President of Sardinia. The package of taxes which have been in effect since 2006 include second homes, private yachts (over 14 meters) and private aircraft. Mr Soru has been quoted as saying “all we are asking for is a modest contribution by those who enjoy Sardinia’s natural beauty”.
Who is eligible to pay the luxury tax?
Read more:Estate
, Real Estate
Alghero property guide the top 5 property hotspots 2007-09-09 13:25:57
Everyone purchasing property
wants to make sure they are investing in the right property, in the right location. So it comes as no surprise that the Alghero Estates team are asked on a regular basis where is the best place to buy?
Unfortunately there is no easy answer to this question. Each client is different and it depends on the type of property your looking for, your budget and the reason for the purchase (life style, investment, relocation). To help answer this question we have comprised the Alghero Estates property guide highlighting the top 5 real estate hotspots.
Lido Beach
First up is Zona Lido. This is the area opposite the main beach area this is a first choice for the holiday home investor who wants sea views, walking distance to the beach and summertime rental returns. As such the majority of the property in this area is a purpose built holiday apartments.
Alghero Old Town
If your looking for something with character Alghero’s old town is the place to be. Built in t
Alghero airport experiences record passenger figures for August 2007-09-04 15:45:27 Statistics released today by Alghero International Airport show the continued trend upwards as the airport
experienced a record number of passenger for the month of August
2007.
A total of 160,777 passenger traveled through Alghero airport in August a 23% increase over the same period in 2006. A huge 57% (67,822) passengers arrived international flights which was increase from 41% in 2006. Low cost airline Ryanair accounted for 74,557 passengers the majority of traffic came from London, Liverpool, Dublin, East Midlands, Stockholm and Düsseldorf routes.
If this level of growth is to continue the airport expansion strategy announced only a couple of week ago will need to be brought forward to keep pace with demand. The recent increase in traffic makes Alghero Airport the fastest growing airport in Italy. Read more:experiences
Alghero airport expansion plans revealed 2007-08-27 06:00:32
The managing director of Alghero International airport
Umberto Borlotti has presented a short term expansion strategy which has been approved by all of the political shareholders including the Council of Alghero (Comune di Alghero), Sassari province board (Provincia di Sassari) and the Sardinia Region (Regione Sardegna).
The presentation gave a good insight into the expected growth for the Alghero region in terms of passenger traffic expectations. The major part of the airport expansion strategy is to increase the annual passenger capacity from the current 1.3 million (expected by the end of 2007) to 2 million passengers by 2010.
Low cost airline Ryan air also announced a further six new routes out of Alghero. This announcement follows the Madrid route announced only last week. The six new routes will include Palma, Bratislava, Marrakesh, Valencia, Riga and Sarragoza.
Alghero Estates comments “the airport has become a significant factor in the price and availability of real est Read more:plans
Alghero Estates selected by Nubricks.com 2007-08-22 06:00:48 Alghero Estates
are pleased to announce our inclusion in the Nubricks popular Italian Real Estate Agents index which is designed to help buyers find reputable property agents in Italy. Alghero Estates has been selected as the agency of choice for the Sardinia region.
Overseas Property Blog is a highly respected property site dedicated to delivering independent, informative, useful content for buyers and investors in property abroad. Nubricks.com have featured in the Guardian, the Times, The New York Times and Channel 4.
Ryanair Announce Alghero - Madrid Flights 2007-08-16 16:43:08 The much speculated plans for a new Ryanair
Hub at Alghero International Airport took another step closer today with the announcement of a new direct route to Madrid
, Spain. This announcement takes the total number of Ryanair routes operating from Alghero to twelve.
The new Spanish route is due to commence service on the 30th October 2007 and will initially operate 3 flights per week. This new flight will complement the already successful Northern Spanish route to Barcelona (Gerona).
Real estate prices in Alghero soar as the Sardinian property market heats up 2007-08-09 16:07:58 If you purchased property
in Alghero area within the last 12 months you’ll pleased with the recently released property index report by Nomisma. Nomisma are the economic agency responsible for the annual market analysis on property prices across the whole of Italy. For the first time this year the Nomisma report is in-conjunction with F.I.M.A.A (the federation of Italian estate agents).
The report details a considerable rise in the Alghero region by up to 16.4% in some areas. Alghero real estate confirmed the second highest price rises in Italy confirming the West coast of Sardinian as the new Italian property hotspot.
Maria Vendone, Alghero Estates Managing Director comments “Alghero real estate prices have been influenced by multiple factors in the past year. These include regional building restrictions, demand versus supply gap, airport expansion and the subsequent increase in tourism.
Although the price of houses and land has increased the volume of sales has actually r
Alghero tourism hits an all time high 2007-08-02 16:50:46 Alghero airport today announced record month on month passenger figures for June and July. At today’s press announcement passenger figures raised year on year by 14% to 155,169 compared to July 2006 when 135,747 passengers passed through the airport.
2007’s increase was due to additional routes from low cost airline Ryan air and the arrival of new airline Germanwings which operates flights to Cologne Bonn.
This announcement comes on the back of traffic figures for the month of June up 18% to 138,458 on the previous year.
The following comparison chart show year on year passenger numbers for the first 7 months of 2007.
Perhaps the real story though is where the passengers are arriving from. 2007 has seen the first decline in national passenger arrivals from mainland Italy. Flight prices are expected to be a major factor in the decrease with Ryan air unable to operate flights to Rome due to airport capacity restrictions at Ciampino airport.
This decline could however balance out
Alghero airport receives multimillion euro investment 2007-10-09 17:20:49 The past week has been one to remember for the directors of Sogeaal the committee board responsible for the management of Alghero International airport
. Only a few days ago the Sardinian region announced the release of 42 million euro for the exclusive use by Alghero airport. The funds were previously agreed by the region but have only recently become available. 12 million euro will be spent to cover previous investment
expenses with the remaining 30 million euro to invest in service improvements and further expansion.
If that wasn’t good enough today the region open the war chest again announcing a further 3.4 million euros to Alghero airport for the sole purpose of promoting the North West of Sardinia and increasing foreign passenger traffic. In the same announcement a 2.2 million euro investment was given to both Olbia airport on the East coast and Cagliari airport in the South.
The funding has been in response to the successful increase in tourism to the island via the airp
Great deals on 2008 holiday home rentals 2007-10-09 11:10:12 Alghero Estates are pleased to offer all of our clients a great discount on holiday home rentals for the 2008 season. Book any of our applicable properties before December 31st 2007 and not only will you pay 2007 prices but we will also give you up to 15% discount on the rental price.
For more information visit the rental property section of our website and click the red stars for full details. Read more:Great
What’s going on in Alghero? 2007-10-16 16:54:37
Is it me or have I missed something? Over the past couple of weeks reading through the local newspapers and online community websites there has been much reported on individual investments events such as cash for a new hospital and health care services, more cash for the airport and the recent visits from billionaire real estate investors Aga Kharn and Tom Barrack.
Add all this together and you get nearly 100 million euros of regional investment and the original architect and the current chief of the famous Costa Smeralda both taking a serious look at Alghero’s potential. None of the local journalists seem to be putting all of this together and asking the obvious question. What’s going on?
For sure Alghero is now in a situation of needing some serious commercial investment in tourist infrastructure such as hotels and golf courses to meet the increasing numbers and demands of foreign tourists visiting Alghero. I get the feeling that the events of the past few weeks could b
Alghero Estates Wins Posh’d Award 2007-11-06 15:41:59
Alghero Estates
are pleased to announce we have been awarded the featured Real Estate site of the month. Following a very close vote in October, Alghero Estates came out winners against some very strong competition.
We would like to thank everyone who voted for us and all of the guys at Posh’d.com for running this fun but important award which recognises online real estates website that work hard to build websites that deliver a unique and better online experience for there visitors.
Thanks again from all of the team at Alghero Estates. Read more:Award
Alghero Estates featured by the Financial Times 2007-11-19 12:55:15 Alghero Estates
was the selected real estate agency by the FinancialTimes
back in June this year. Our task was to introduce journalist Nick Foster to all things life style and property in the Alghero area.
The article “It’s a real town not a resort” was published this weekend in the House & Homes section of the FT. You can read the full article here which gives a journalistic view on what Alghero has to offer.
The Alghero Estates team would like to thank Nick and the Financial Times for publishing such a great article.
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