Comments for Totally Blog http://www.totallyblog.co.uk The best of the Riviera from the Totally team and clients Thu, 20 Nov 2008 07:50:50 +0000 http://wordpress.org/?v=2.3.1 Comment on It’s investment time on the Riviera by peter brooke http://www.totallyblog.co.uk/2008/05/14/its-investment-time-on-the-riviera/#comment-203 peter brooke Mon, 23 Jun 2008 16:01:29 +0000 http://www.totallyblog.co.uk/2008/05/14/its-investment-time-on-the-riviera/#comment-203 I completely agree, I have lived in the centre of Nice for 2 years and barely fault it for quality of life, safety, culture and enjoyment... a true gem. From a professional point of view I believe that people are missing out by not buying due to the current relative strength of the euro. My point to these people is that it is incredibly easy to borrow money in France to pay for most of the property (up to 85%), meaning you have a euro debt on a euro asset. The differential in interest rates is minimal, though still on the side of the French loans, meaning one could potentially 'net-off' the majority of the interest by leaving cash on deposit in the UK. Few French loans have repayment penalties and so if the exchange recovers to a point where you feel more comfortable then you can send your sterling over to repay the loan. I will be producing an article on this point and will post a copy on this blog... bottom line is .... fundamentals are still good, there is availablity of liquidity, if you have a good solid income then DONT MISS OUT! Peter Brooke I completely agree, I have lived in the centre of Nice for 2 years and barely fault it for quality of life, safety, culture and enjoyment… a true gem.

From a professional point of view I believe that people are missing out by not buying due to the current relative strength of the euro. My point to these people is that it is incredibly easy to borrow money in France to pay for most of the property (up to 85%), meaning you have a euro debt on a euro asset. The differential in interest rates is minimal, though still on the side of the French loans, meaning one could potentially ‘net-off’ the majority of the interest by leaving cash on deposit in the UK.

Few French loans have repayment penalties and so if the exchange recovers to a point where you feel more comfortable then you can send your sterling over to repay the loan.

I will be producing an article on this point and will post a copy on this blog… bottom line is ….

fundamentals are still good, there is availablity of liquidity, if you have a good solid income then DONT MISS OUT!

Peter Brooke

]]> Comment on It’s investment time on the Riviera by admin http://www.totallyblog.co.uk/2008/05/14/its-investment-time-on-the-riviera/#comment-202 admin Mon, 23 Jun 2008 12:25:03 +0000 http://www.totallyblog.co.uk/2008/05/14/its-investment-time-on-the-riviera/#comment-202 From Kenneth - “I so much agree with a previous blogger about investing in Cote d’Azur and practically in Nice. Due to the international financial environment NOW is the time to move!!! Prices are stable or slightly falling. But remember Nice is a city that lives all year with a great stable rental potential. There will always be people from all over the world coming to Cote d’Azur. If it's not the Brit’s it is the Scandinavians or the Russians. Just wait until the Chinese see the potential. Remember French Grand Cru Classé wines. The Chinese discovered it and now you cannot buy it for money. It is very easy to buy, renovate and rent the apartment and turn it into a great investment. If I had the enough funds I would buy ALL I could get my hands on!” Best regards, Med venlig hilsen Kenneth From Kenneth -
“I so much agree with a previous blogger about investing in Cote d’Azur and practically in Nice.
Due to the international financial environment NOW is the time to move!!! Prices are stable or slightly falling.

But remember Nice is a city that lives all year with a great stable rental potential. There will always be people from all over the world coming to Cote d’Azur. If it’s not the Brit’s it is the Scandinavians or the Russians. Just wait until the Chinese see the potential. Remember French Grand Cru Classé wines. The Chinese discovered it and now you cannot buy it for money.

It is very easy to buy, renovate and rent the apartment and turn it into a great investment. If I had the enough funds I would buy ALL I could get my hands on!”

Best regards,
Med venlig hilsen
Kenneth

]]> Comment on Totally Riviera meets Joel Robuchon - What a meal! by Mike Taylor http://www.totallyblog.co.uk/2008/05/28/totally-riviera-meets-joel-robuchon-what-a-meal/#comment-187 Mike Taylor Fri, 30 May 2008 13:59:13 +0000 http://www.totallyblog.co.uk/2008/05/28/totally-riviera-meets-joel-robuchon-what-a-meal/#comment-187 I have a whole new reason to hate you. My god that meal sounds wonderful... I have a whole new reason to hate you. My god that meal sounds wonderful…

]]> Comment on It’s investment time on the Riviera by Alexander http://www.totallyblog.co.uk/2008/05/14/its-investment-time-on-the-riviera/#comment-177 Alexander Thu, 15 May 2008 12:33:18 +0000 http://www.totallyblog.co.uk/2008/05/14/its-investment-time-on-the-riviera/#comment-177 I agree. It is a good time to buy in Nice. In fact it is difficult to see any better place to live in the world. Look what happens all over our planet! Wars, natural disasters, extreme cold, increadible heat, very high crime, ugly architecture, poverty, aggressive people, poor quality of infrostructure... Nice is the place where you don't find any of that. It is a unique place full of charm and opportunities and with fantastic sea, places to relax, places to eat, culture, nice people and most attractive buildings and in the centre of the whole world within an easy ride to Monaco, Cannes, Nothern Italy and many other fascinating places. The prices are higher than in most of Nothern France, but for 400000 Euros you can still buy a smashing apartment in the most prestigious part of Nice in the centre! Smart people invest in Nice and they also go to Monaco from time to time as it is so easy and cheap! You would alsmost consider Monte Carlo as your local... I agree. It is a good time to buy in Nice. In fact it is difficult to see any better place to live in the world. Look what happens all over our planet! Wars, natural disasters, extreme cold, increadible heat, very high crime, ugly architecture, poverty, aggressive people, poor quality of infrostructure… Nice is the place where you don’t find any of that. It is a unique place full of charm and opportunities and with fantastic sea, places to relax, places to eat, culture, nice people and most attractive buildings and in the centre of the whole world within an easy ride to Monaco, Cannes, Nothern Italy and many other fascinating places. The prices are higher than in most of Nothern France, but for 400000 Euros you can still buy a smashing apartment in the most prestigious part of Nice in the centre! Smart people invest in Nice and they also go to Monaco from time to time as it is so easy and cheap! You would alsmost consider Monte Carlo as your local…

]]> Comment on The top ten things to do in Nice, France by Mike Taylor http://www.totallyblog.co.uk/2008/04/11/the-top-ten-things-to-do-in-nice-france/#comment-169 Mike Taylor Mon, 14 Apr 2008 19:25:27 +0000 http://www.totallyblog.co.uk/2008/04/11/the-top-ten-things-to-do-in-nice-france/#comment-169 Um, you forgot about all the eating and drinking. That must be at least seven out of the top ten things to do in Nice.. Um, you forgot about all the eating and drinking. That must be at least seven out of the top ten things to do in Nice..

]]> Comment on La Sapore Restaurant, Nice - by Nicole Wright by Mike Taylor http://www.totallyblog.co.uk/2008/03/19/la-sopore-restaurant-nice-by-nicole-wright/#comment-157 Mike Taylor Wed, 26 Mar 2008 08:51:02 +0000 http://www.totallyblog.co.uk/2008/03/19/la-sopore-restaurant-nice-by-nicole-wright/#comment-157 One to add to the list for the next visit to Nice then. Thanks Nicole. Maybe all the Totally team and their army of bloggers and friends should think about putting out an annual food guide? One to add to the list for the next visit to Nice then. Thanks Nicole. Maybe all the Totally team and their army of bloggers and friends should think about putting out an annual food guide?

]]> Comment on Pure Bliss…the bar by Nicole http://www.totallyblog.co.uk/2007/11/02/pure-blissthe-bar/#comment-132 Nicole Thu, 21 Feb 2008 17:33:48 +0000 http://www.totallyblog.co.uk/2007/11/02/pure-blissthe-bar/#comment-132 I find that you can walk in to some of the 'trendy' bars in Nice and the whole place turns to stare at you if you are not part of the usual crowd. I have to say that I expected the same from Bliss when I saw the bouncers on the door just waiting to turn us away for not being quite cool enough. However, the door was warmly held open for us by a smiling door man and the staff seemed more than happy to make 6 giggling girls enjoy their end of week Friday night drinks and it has now become a regular haunt. Let's hope it stays! I find that you can walk in to some of the ‘trendy’ bars in Nice and the whole place turns to stare at you if you are not part of the usual crowd. I have to say that I expected the same from Bliss when I saw the bouncers on the door just waiting to turn us away for not being quite cool enough.
However, the door was warmly held open for us by a smiling door man and the staff seemed more than happy to make 6 giggling girls enjoy their end of week Friday night drinks and it has now become a regular haunt.
Let’s hope it stays!

]]> Comment on Lawyers hangout - but it’s actually good by Nicole http://www.totallyblog.co.uk/2007/11/02/a-taste-of-style/#comment-131 Nicole Thu, 21 Feb 2008 17:25:40 +0000 http://www.totallyblog.co.uk/2007/11/02/a-taste-of-style/#comment-131 With the quarterly visit of my parents looming I was begin to run out of ideas for new restaurants to try. Having been recommended L'Indayana by numerous friends over the past three years I decided it was worth a try, although I was secretly worried that it might not live up to expectations. I need not have worried as although one of Nice's most expensive restaurants it is value for money with top rate food and excellent service. I am not usually a seafood fan but after my Poelé de St Jaques I have definitely been converted! Well worth a visit. With the quarterly visit of my parents looming I was begin to run out of ideas for new restaurants to try. Having been recommended L’Indayana by numerous friends over the past three years I decided it was worth a try, although I was secretly worried that it might not live up to expectations.
I need not have worried as although one of Nice’s most expensive restaurants it is value for money with top rate food and excellent service.
I am not usually a seafood fan but after my Poelé de St Jaques I have definitely been converted!

Well worth a visit.

]]> Comment on Requirements for a French Mortgage for Foreigners by Dennis Broadfield http://www.totallyblog.co.uk/2008/01/23/requirements-for-a-french-mortgage-for-foreigners/#comment-118 Dennis Broadfield Wed, 30 Jan 2008 12:58:17 +0000 http://www.totallyblog.co.uk/2008/01/23/requirements-for-a-french-mortgage-for-foreigners/#comment-118 Deborah, France operates on a slightly different system in terms of credit checking than the UK. First off the amount of mortgage you get is based almost solely on your income - this is the reason the French banks don't require surveys for properties they loan against. Essentially they don't care about the state of the building as long as you can pay your mortgage. <!--more-->And more importantly, if you have a good record of employment (and they will want to see a least a year of salary in your UK account) and are earning enough after other outgoings to service the mortgage that's all they will look at. It's very very rare for French banks to do a credit check on a foreigner. Probably because it's to much of a hassle. So in a nutshell if you have enough money to pay your mortgage and a good track record of employment you will get your loan. Dennis Broadfield Deborah, France operates on a slightly different system in terms of credit checking than the UK. First off the amount of mortgage you get is based almost solely on your income - this is the reason the French banks don’t require surveys for properties they loan against. Essentially they don’t care about the state of the building as long as you can pay your mortgage. And more importantly, if you have a good record of employment (and they will want to see a least a year of salary in your UK account) and are earning enough after other outgoings to service the mortgage that’s all they will look at. It’s very very rare for French banks to do a credit check on a foreigner. Probably because it’s to much of a hassle. So in a nutshell if you have enough money to pay your mortgage and a good track record of employment you will get your loan. Dennis Broadfield

]]> Comment on Requirements for a French Mortgage for Foreigners by Deborah Pettitt http://www.totallyblog.co.uk/2008/01/23/requirements-for-a-french-mortgage-for-foreigners/#comment-116 Deborah Pettitt Tue, 29 Jan 2008 12:34:21 +0000 http://www.totallyblog.co.uk/2008/01/23/requirements-for-a-french-mortgage-for-foreigners/#comment-116 Will I be credit checked in France, I have good bank statements, wage slips etc, but my credit rating in England is not great! Will I be credit checked in France, I have good bank statements, wage slips etc, but my credit rating in England is not great!

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