Index For International Living Magazine - April Issue
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Index for April 2000
Index For International Living Magazine - April Issue
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Live in one of the friendliest places on Earth… where a 3-bedroom bungalow can cost $76,200 - Click Here - The Irish property market is a crazy thing right now.  I don’t know how else to describe it. In the past four years or so, prices have risen several hundred percent. In fact, in sought-after areas such as Dublin and the southern coast, prices have gone up 50–100%…per year! We’ve been waiting for the real-estate market to crash for the past few years, just as many people in the States have been waiting for the bottom to fall out of the stock market.  I think it will happen…even though it hasn’t yet.  by Steenie Harvey
The best beach town on Ireland’s southern coast: rent a house here for as little as I£430 a month - Click Here - Hands down, the best place to stay for a week or two, or longer, on Ireland’s southern coast (and certainly one of the best places to visit in the whole country), is the small town of Kinsale, a 30-minute drive south of Cork city. And right now is one of the best times in recent years to rent property here. by Michael Palmer
Law 306 makes Nicaragua the best place in Latin America to open a hotel, restaurant, or other business - Click Here - Just six moths ago, Nicaragua enacted the most attractive—and most aggressive—tourism-incentive law in Latin America. If you’ve ever toyed with the idea of owning your own B&B…running a sailboat charter…leading adventure treks into the jungle…dishing up meals in your own restaurant…or operating any tourist-related business…Nicaragua might be the place to do it...and now might be the time. by Jennifer Stevens
Your own 3-bedroom French farmhouse, an hour drive from the Mediterranean Sea, for $71,770 - Click Here - Because of a strong dollar and a long-sagging market, you can find tremendous bargains in rural France right now. For example, a stone-village house in the warm, fashion- able south, with wooden floors, beamed ceilings, and a half-timbered barn is on offer for $25,500…a two bedroom pied à l’eau on the Mediterranean: $50,240…or a six-bedroom 16th-century former presbytery in “Jean de Florette” country, near Provence: $54,950. by Cheryl Taylor
Dangerous investing: How one of the four companies traded in Ecuador could make you a fortune - Click Here - We’re recommending a stock for extreme investors only. We have to warn you, it’s one of the riskiest, most dangerous investments we’ve ever recommended. But no one is looking at this company, market, or country as the big winner it could be. As a result, we believe it has the potential to make you a fortune. If you’ve read the last few issues of IL, you know how excited we are about dollarization in Ecuador, and what we believe it will do to the country’s real estate market. But we’re also keeping a close eye on the stock market. Because look at what happened when three countries followed through with dollarization…and took the power to print money away from their central banks: • Hong Kong: Stock market rose 500% in four years • Panama: 100 years of monetary stability • Argentina: Market rose 800% in just three years—and inflation flattened to zero.  That’s how powerful dollarization can be. by Steve Sjuggerud
My hideaway-to-be in this century’s California - Click Here - We arrived at the airport in Managua, Nicaragua on a Friday afternoon last month. Except for the loss of some luggage, we were ready to begin our adventure. Five of us mounted into a Bell helicopter for the half-hour ride out to the Pacific coast.  The view was spectacular. Green fields and brown hills, it reminded me of areas in Northern California. White-sand beaches, rocky outcroppings, and Wagnerian cliffs tower over small coves. The land here is rapidly being dressed with the ribbons & bows of the modern world. Roads are being built, especially near my property, since the president of Nicaragua owns a neighboring ranch.
Actualities:  $18 a night lodging in Alicante…the world’s best dancing girls… waiting for the Bay Islands Chunnel…no more tolls in Mexico - Click Here - $18 a night…stylish lodging in Alicante. Weary of public transport after a day stuck in Madrid’s airport, I splurged on a taxi and went straight to El Barrio, Alicante’s old town. Like all Alicante locals I met in this off-season, my driver spoke nothing but Spanish. It was good to have to make myself understood. I requested the Pension Las Monges, which I’d heard was like a boutique hotel with eight lovely and individual rooms. With much confusion but more good will, the driver took me right to the place, almost, because it’s within the old pedestrian zone beneath Alicante’s shabbily magnificent Castillo de Santa Bárbara, which roosts over the seaside town. The driver gave me directions I could almost understand: through the arch, right one block, past the plaza. And there it was. Ken Layne, Alicante, Spain (more)
Property Picks: A cottage in the Greek Islands…a 7-acre country estate in Costa Rica…a house on the Indian Ocean for $90,000 - Click Here - My favorite Greek Island. Dazzlingly white-stucco villas and all those pretty traditional village houses with their sapphire-blue shutters are an indelible image of the Greek islands. It’s no wonder that visitors dream of living here. Yet the Greek islands aren’t at all overrun with foreign buyers. Why? There are two reasons: The first is the climate. Despite all those enticing picture-postcard images, the Aegean doesn’t enjoy endless summer. Come mid-November, many islanders set sail for the mainland. Those who haven’t left are battening down the hatches and preparing for four months of storms, rain, and disrupted ferry schedules. Entertainment is almost non-existent, and there’s very little to do except develop an Ouzo habit.   by Steenie Harvey
 
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