Living in Japan Condominiums

condoThe rich history and culture of the archipelago is enhanced by an exciting urban lifestyle and unusual natural beauty. This much sought-after tourist destination has a pleasant and diverse climate. The country boasts a variety of historical attractions. Guests of Japan’s vacation rental properties are sure to love their experience in this marvelous travelers’ paradise.

Dwellers in Japan’s fabulous condos will experience the rich samurai culture that shaped the island nation’s history. Ancient theatrical and other art forms are still alive and well. Any visitor interested in the culture of the country should pay a visit to Tokyo’s famous museums.

The biological, historic and geographic majesty of Japan is well-known. The eye-catching image of the snow-clad Mount Fuji is an internationally recognized symbol for unspoiled natural beauty. The niceties available to tourists to Japanese vacation homes are numerous – there are hot springs, ice drift cruises, lush forests, and attractive campsites.

Japan is a well-developed nation judged by any standard, and despite its celebrated natural attractions, this favorite tourist destination has many sophisticated urban and manmade attractions for potential tourists. Guests of the country’s holiday rentals can drive or travel by the famous underground to destinations such as, the annual Cherry Blossom Festival grounds, Disneyland, and feudal castles.

A condo is a form of house ownership in which separate units of a larger building complex are sold, not rented. There is a lot of misunderstanding about the word ‘condominium.’ It actually does not refer to the type of unit itself, but the term applies to the legal ownership arrangement. Any multi-unit structure can act as a ‘condominium’. The earlier occupants should either vacate the building or purchase their units outright.

The owner of a condominium technically owns everything within their inner walls. The individual homeowners possess shared rights to the most common areas such as the elevators, corridors, club houses and pools. The proper maintenance of these common areas is the responsibility of a condominium association. Home owners own a share of interest in the association. They have to pay monthly dues and special maintenance fees for major problems.

Tokyo’s inner-city waterfront is greatly changed by the construction of huge structures in the post-industrial era. The number of new buildings in the Shinagawa area alone has gene over 12,000 units in ten locations in the past two and a half years.

If you would like to reserve room in one of the condos or Japan Villas, numerous service minded travel agents are out there to guide you. They are available immediately for short and long-term rental. Japanese condos come with all usual attractions and amenities. You will definitely love the spaciousness and cleanliness of Japanese buildings.

Many condos come with full kitchen, quality furnishings, hot-springs bathroom, Cable TV, DVD, VCR, CD Player, beach and picnic gear, air conditioning, and much more. Other amenities include kitchen, iron, blender, mixer, coffee maker, toaster, microwave ovens, cookware and utensils, spices, condiments and heaps of dinner and glassware.
Japanese condos offer all the comforts of your home while you’re away from it. The stay in a Japanese vacation rental would be an unforgettable experience. If you are positive on renting a condo, take your time to study the pros and cons of the purchase.

The largest buyers of condos include REITs and privately owned real estate funds. They usually convert originally built-for-sale condos to rental ones. Many individual buyers also put their newly purchased condos on the rental market. The coming up of large number of buildings is likely to put a downward pressure on rents. The price of a condo house can be much lower than a single-structure home.

A condo is not the best option for all potential homeowners. There is a noticeable lack of privacy in the common areas. If you are particular about having all of your amenities and maintain your own lawn and garden, then you are advised to follow single home ownership options in place of a condo. They can be more difficult to sell as opposed to a single home with some acreage. Condo owners own their units only, not the land beneath the structure. Veteran apartment renters who don’t mind the presence of close neighbors benefit the most from condo living.

Love Your Home? Here is the Way to Make it Beautiful!

In their daily life, everyone always wants to feel the comfort for their living. Of course, the comfort cannot be got easily. There are many kinds of aspects that we need to make sure that we can do for supporting the goodness for our living. If we want to feel the goodness of our living, we need to complete all of our living needs. For instance, we need to complete the foods, clothes, and also the house. Those kinds of things are very essential for our life. If we can complete all of the needs, our living can be better. In the other words, we can say that we have such a wonderful living.

From all of those aspects, house is considered as one of the most important one. If you have the good living space, your living will be great also. You can enjoy life well since you only need to spend your time in your beloved time when you feel so tired during the days for instance. Do you want to feel that, right? That’s why here we know how important a house for everyone. Everyone can feel so comfortable in their own home since house is the place where they grow and develop. That’s why they will feel so happy and comfortable in their own home.

Due to the significance of a house for all of people, we need to make sure that we can prepare all of the ways to make the great look of the home. Do you want to have the great and perfect look for your home? There are many kinds of people who wants to feel the perfect and wonderful look for the home. If you want to, you need to prepare the best tips for that. There will be some ways that you can try. One of them is by proving the best concept on how your home will be. You need to make sure that you can prepare the best concept for your own home.

Besides of considering the best concept for your home, you also need to make sure that you can prepare the great decoration for each part of your home. One of them is the garden. Do you enjoy  the natural sensation in your home? If yes, having a garden is one of the ways that you can choose. If you can choose the best concept for the placement of the garden, you will be able to enjoy the good sensation of the garden. It is so easy but you need to be really careful and selective in choosing what kind of plants that you are going to put and place in your garden.

Here are some tips that you can do for having the great look of the garden. First, decide what kind of concept that you want to bring for the garden. If you want to have colorful garden for instance, you can try that. You need to find out the variation of flower plants with some of the colorful flowers. Then, you need to make the placement based on the flowers or you can also mix it. If you can mix it, you will have the better look of the garden. If you want to have the easy treatment, placing the flower plants in the same place will be great also.

Besides of the flower plants, you also need to make sure that you can prepare for the grass also. The selection of the grass cannot be carelessly. But if you want to have the easy treatment for the garden, why do not you try to choose artificial grass. It will give the easy way to treat since it will have the green color always. If you are looking for the great look of the garden, you can have artificial grass Fountain Hills. They are such a good shop and producer that will give you the best quality of the grass. Having the artificial grass is not hard to do. Order based on your need and you will get the green look of your own garden. You will have the great look of the garden and you will be able to enjoy your garden well.

Looking For Custom Drywall Solution In Phoenix?

Updating a certain room in your home like living room, family room or some, you find many ideas to consider. Depending on how huge the remodeling project that you have in mind to cater new look toward a particular room in your home, the ideas can be anything. If you think the horizontal space of the room. In the way to achieve that new look that you are expecting for, you can start from the flooring solution. Then, you also find another options like what kind of flooring solution that meet your expectation and so on.

Or, it is not the flooring solution, you replace the outdated sofa with the new one, or else you need only to rearrange each furniture that you have there. Probably, you want to update the presentation of the room through its vertical space. This way, you will as well deal with many options. From the simplest one you can change the pattern of the wall by splashing different color, sticking some wall decals or wallpaper to something more complicated like custom drywall. From those previous remodel ideas for your home, which one you choose? Thus, give yourself some time to think about the path to pick to add new breeze into your home interior.

However, this is a suggestion for you, in case you expect to treat your space differently, guess what? Custom drywall is what you need as it caters you with such a beauty that is not only pleased your eyes, but also people who step inside. Choosing custom drywall as your remodeling solution, your next homework is looking for the best company to do the job for you. Not to mention, but there are many options for custom drywall Phoenix providers to opt, and it is not an easy task. Where to start? Find some information on internet through some reviews will help you so much to figure out which option that fits you.

However, have you ever considered Thunderbird Wall as your custom drywall? Speak of Thunderbird Wall, it is actually media wall that has the combination of textures and finishes alongside with architectural style. Adding Thunderbird Wall as your custom drywall you shape the interior wall as the focal point on the room. As this one is varied in finished and textures, you can assume that for any style that you expect as part your home decor, you get it covered. So, what is your favorite style?

Is it a modern style? If it is so, the thunderbird wall will associate it self with glass shelving, mosaic tile, linear fireplace and many other things that speak modern, and yes, the same thing applies when it comes to contemporary and so on. Apart from its style, there are still another reasons why you need Thunderbird Walls as your custom drywall solution. Do you want to know more? Installing Thunderbird Wall as your media wall means you combine its function with style.

As for this, you don’t need to worry that the wiring of your entertainment console like television and so on expose itself. In fact, they have their own way to make the display looks attractive by providing another channel for the wiring to be located. If you want, in case that you need such a design where you can expand the media wall for some additional in the future. Talk about the design, then it is far from common. Instead, you will get such a jaw dropping design that you love the most. The truth, it is not only you, but also your guest as they will admire the work.

Considering Thunderbird Wall as your solution, it means you rely the job on Thunderbird Custom Drywall. And yes, you do the right time. It is because you allow the experts to handle the job. Still, if you expect to compared this one with another, for sure you can do that thing too. So then, you figure out the one that really can give you the best media wall solution for your home. Visit each of the site of your shortlisted companies for custom drywall. Pay your attention not only for the services, but also customer satisfaction, then you’ll understand why Thunderbird Wall.

Contemporary First Floor Condominum, Escazú, For Rent

Price: $3,600 Mensual

COD: 25-20
Email: realestate@ticotimes.net
Phone: +(506) 2258-1558


Province: San José
Cantón: Escazú
Construction: 361m2
Bedrooms: 4
Bathrooms: 3
Parking: 3
A/C: Yes

This contemporary first floor condominium has four bedroom, three bathroom and is located in the heart of Escazú. This condo has a very spacious dinning room and living room and an open kitchen with granite counter-tops and contemporary wooden cabinetry. The master bedroom has 2 walk-in closets and a master bathroom with jacuzzi and double vanity. All bedrooms have  spacious wooden closets and wooden floors. There are two large terraces with a jacuzzi and access to green areas. There are three underground parking spaces and two storage areas with a laundry room and maid’s quarters. The condominium is very tranquil and is surrounded by luscious green areas. The property also offers a gym and 24/7 surveillance.

See this and other listings in the new Tico Times Real Estate section here.

 

Condominiums Changing the Face of New York City Real Estate

In the past, the vast majority of those that owned their own New York City apartment lived in co-ops. For a variety of economic, regulatory and historical reasons, these types of apartment buildings dominated the world of New York City residential construction during most of the 20th century. These days, however, more and more of the residential buildings being built are condominiums.

The two types of buildings differ in some important ways. A co-op has an ownership structure closer to that of a public corporation than a typical apartment building. Instead of owning a particular apartment, like in a condominium, those that live in a co-op own a certain share in the company that owns the building. The more valuable the apartment, the larger the share of the company the resident owns.

A cooperatively owned building offers certain advantages to its residents, especially in regards to legally deciding who can move in. The guarantee of a not having an obnoxious set of neighbors moving in right next door a few years down the road has always been one of the most important benefits co-ops offer their owners.

The popularity of co-ops, however, has always been due in part to government regulations that began to be put into place during the late 19th century. Today, the ownership regulations and requirements of co-ops are simply too cumbersome for many people living in a world where people change jobs and move more often than they ever have before.

Add to this the legal changes in the regulations of Manhattan condominiums that took place in New York in 1997 that granted condo associations greater financial leeway to pay for repairs, and it’s no surprise that so many of the new buildings being built in the city today are condos.

Indeed, some of the more architecturally stunning works today are condominiums. The Alexander, a twenty three story building quite close to Rockefeller center is one example of the impact that condominiums are having on the New York City skyline. The Element Condominium, at 555 West 59th, is another.

Even in these very exclusive condos, the process of purchasing a condo and subletting or selling it is usually considerably easier in comparison to a co-op. While there is an extra tax when purchasing a new condo that was not previously owned by a resident, the extra move in costs will usually be slightly less than those of an equivalent apartment in a co-op, especially if you are purchasing a condo from the previous resident.

Gm, Hines, Partner to Build Condominiums on the Detroit River

According to a press release from the automaker, the mixed-use development in downtown Detroit’s best riverfront location will be largely residential, designed to take advantage of premier waterfront property which offers spectacular views along with the many amenities offered in the GM Renaissance Center.

Hines will be financing and will lead the construction of the condominium development on GM’s surplus property. GM on the other hand, will receive a portion of future revenues from residential sales with its contribution of the property for the project. Additional development partners are likely to be included in the project, including Built Form, a design architect, and The Kramer Group, interior design consultants which have been both contracted for the project.

The Hines-GM developments will anchor the Detroit RiverWalk, a five-mile lineal park along the river which will ultimately span from the Ambassador Bridge to beyond the MacArthur Bridge at Belle Isle into Gabriel Richard Park. The RiverWalk offers beautiful, natural landscaping, and a place to walk, jog, or bike while enjoying the view.

A variety of amenities for this upscale project, including retail, restaurants, a fitness center, banking, valet parking, a post office and a movie theater will all be provided by the GM Renaissance Center, along with a 24-hour security for condominium residents.

A date for announcing specific development plans and construction schedules has not yet been determined.

About Hines
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The Hines portfolio of projects underway, completed, acquired and managed for third parties includes more than 950 properties representing approximately 380 million square feet of office, residential, mixed-use, industrial, hotel, medical, retail and sports facilities, as well as large, master-planned communities and land developments. With offices in 67 U.S. cities and 15 foreign countries, and controlled assets valued at approximately $16 billion, Hines is one of the largest real estate organizations in the world. Visit www.hines.com for more information.

About General Motors
General Motors Corp., the world’s largest automaker, has been the annual global industry sales leader for 76 years. Founded in 1908, GM, maker of quality GMC power programmer, today employs about 280,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 33 countries. In 2006, nearly 9.1 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn and Vauxhall. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.

Thai Luxury Condominiums Sales in Thailand

A Bangkok-based developer, has recently revealed some staggering figures on the sale of it’s newest development. No question this is the Bangkok-based developer – most ambitious project to date and it seems to have paid off. Within three days of the March 2007 pre-launch, all of the initial units were freezed. Since then an 279 more condominium units have found purchasers. The sales have arrived at around 40 percent of the target sales value for the project. That is approximately 12 billion baht. The Bangkok-based developer has funded the construction of this development basically with cash flows and loans.

The luxury property project is set to be the tallest residential building in Bangkok at just over 250 meters. The building has facilities that will render it both luxurious and convenient. Dwellers will bask in the beautiful city and riverside views. They can also avail the services of dedicated pier with shuttle service to Saphan Taksin skytrain station.

This is astonishing news for both the Bangkok-based developer and the Bangkok property market. Recent forecasts demonstrate that Thailand is due for a recovery. Such a strong performance at the start of the year points at a turnaround and illustrates the potential Thailand and Bangkok’s property markets oozes out. The reason for this sudden demand in Bangkok properties is its new government.

Investors are counting on the new government to deliver new and improved infrastructure. So far, capital gains and rental outcomes have been extremely heartening and show unmistakable signs of growth. Initial successes will fuel confidence and further demand. Consumer confidence is an important factor in investing this year particularly with global concerns over the sub-prime lending slump.

Investment in fresh luxury condominiums in major CBD locations has resulted in an average of 4- 5% gross rental yield per annum during the past 4 years and 10-12% price appreciation per annum which is decent in comparison with other types of investment. Another key advantage in investing in residential properties is its promise for future use. The quota for foreign ownership in some condominiums has arrived at its 49% limit. As a result foreigners are not allowed to buy units in those buildings unless they purchase a unit from a foreign owner. This makes units belonging to foreigners more attractive in those buildings favored by foreigners. It seems that it is the start of two-tier pricing for Thai and foreigners in those projects which foreign quota is arrived.

Foreign investors have began to pay attention to this trend and are trying to invest more in good quality and well-designed buildings that are placed in major CBD locations despite the huge prices. Another reason behind the rise in condominium prices in downtown Bangkok among foreign investors and end-users is their manageable price levels. For example, with a budget of US$ 500,000 or around Baht 15 million, you could buy a luxury two-bedroom unit with 90-120 square meters in a major CBD location in Bangkok. If Thai luxury condominium sales are an indication, surely the Thai property market is set to prosper.

Maruti and Fifty Thousand Luxury Condominiums

Things changed in 1983 when the government set up Maruti, in collaboration with Suzuki, and its car manufacturing plant came up on the outskirts of the town in a huge tract of land – approximately five square kilometres, or more than a 1,000 acres. Those were dull times – land was cheap. The government probably paid not more than INR 20,000 per acre for the tract, if at all.

Cue 2007. Times have changed. Blame it to rapid industrialisation, the scorching growth pace of the service industry and the speculative behaviour of the realty business, land in the vicinity is floating at around INR 60,000 per square yard. Even if one was to look at a bulk deal, Maruti’s 1,000 acres will fetch a cool INR 150 billion!

That is USD 3.3 billion!!

That’s exactly the sum that Suzuki (Maruti’s parent) wants to invest in India over the next few years.

The above may be a completely worthless and stupid calculation, considering that Maruti has to make cars at the plant and while a potential fifty thousand luxury condominiums, ten malls, a couple of IT parks and some commercial buildings have the potential of turning the Gurgaon realty scene on its head, this is little more than wishful thinking…till I start looking at the scene from a different perspective.

Maruti’s second plant at Manesar is operational and being a huge facility in itself can be potentially expanded to a million units, the company’s target for the near future.

The Manesar facility is close to Maruti’s existing Gurgaon plant so it won’t affect logistics to a great extent. Theoretically, production can be shifted from the Gurgaon plant to the Manesar plant, in phases to maintain smoothness. Already the Swift line is at the Maneasr plant and the SX4 sedan should be getting put together there as well. The models that are not being built at Manesar currently can be shifted there, model-by-model, in 2-3 years, all except the 800, which might be on its last wind by then.

And in case the Manesar plant proves small then Maruiti-Suzuki can set up another one in the nearby upcoming Reliance SEZ. The SEZ plant can be used for exports and will benefit from duty waivers as well.

While looking at its plant as an asset in this sense may not be in Maruti’s idea of things for now, the plant itself is as juicy as they come. Once on the outskirts, it is now as central as one can be in a place like Gurgaon with easy connectivity to the old town as well as the new areas. The plant has a huge frontage on the old Delhi-Jaipur road and is a few hundred metres away from the busy NH-8 expressway. There are already premium residential complexes, a planned golf course and a large number of software and services companies (their employees would love to live in the luxury condos that come up at the MUL plant site) in near vicinity with a bunch of existing and planned five-star hotels within a 3-4 kilometre radius. Heck, even the international airport is a few kilometres away.

With MUL’s proven clout with the government, things like Change of Land Usage (CLUs) etc. will not matter,. The company’s management, alongwith potential prospective buyers DLF and Unitech, can even arm-twist the government to bring a Delhi Metro link from the planned Gurgaon extension to the existing plant’s rear gate. That should bump the price of the condos and ensure that the builder, who buys the land, makes a neat profit as well. The plant has the potential of becoming the largest single township in the NCR-Delhi region or even 2-3 big townships, in case one builder finds it difficult to shell out this much moolah.

So has Maruti ever thought of doing this? Maybe. More likely, maybe not!

Far more importantly, have the stock analysts factored in the land value in MUL’s share price? If not, spread the word, and watch the stock spiral away.

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