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Why expats should be looking at the houses for sale in Denia

As one of the most attractive destinations on the beautiful Costa Blanca it offers a chance at the Mediterranean lifestyle, with beautiful beaches and an inspiring artistic heritage and a relaxed marina where you can spend the hours at peace in the sunshine.   It is hard not to fall

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GuestReady to Become Leading Airbnb Management Company

GuestReady, a global short-term rental company, has acquired BnbLord, the largest Airbnb management company in France, to form the GuestReady Group. The combined company will be the leading provider in Europe managing more than 2,000 properties with a wide range of services to property owners, agents, and developers. GuestReady has

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Rental Property Ladder Becomes Harder to Climb

Despite increasing market prospects for the property sector as a whole, concerns have been raised as the overall affordability of rental properties; this time, not solely within the reputedly-expensive London area. As of present, the majority of private sector landlords have a stated requirement of some four weeks’ worth of

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Latest Issue

BDC 319 : Aug 2024

rental property

Why expats should be looking at the houses for sale in Denia

As one of the most attractive destinations on the beautiful Costa Blanca it offers a chance at the Mediterranean lifestyle, with beautiful beaches and an inspiring artistic heritage and a relaxed marina where you can spend the hours at peace in the sunshine.   It is hard not to fall in love with Denia the first time you see it. Denia is situated a little over an hour from Alicante airport, and is quickly becoming the place for tourists and those looking to make their stay much more permanent.   So many choose to relocate here from within and outside Spain, and although tourists are also drawn here, somehow Denia has retained much of its charm and elegance, more so than close neighbour Benidorm. There are a wide range of houses for sale in Denia to suit all needs and preferences for those who would prefer a life in the sun.   Denia has a lot to offer those looking for a better way of life Denia is a beautiful modern city, but it also has all the history and culture of a spanish coastal town. It is impossible to miss the fortress on top of the hill, the Castle of Denia. It plays host to many cultural events that you can enjoy, all while taking in the wonderful views. Heading into the town you will see a fascinating mix of old and new, with elegant buildings and whitewashed fisherman’s houses in the typical Spanish style. It is easy to imagine years gone by in the historic centre. And of course there are the wonderful beaches, the town is lucky enough to have almost 15km of rocky coves and long sandy beaches. There is plenty to do here, from snorkelling and watersports to simply relaxing and taking in the sun and sound of the ocean. The marina is also very active and what better way to spend an afternoon that to rent a boat and explore the coastline or do a little fishing. Of course being on the Mediterranean, the fresh seafood available here is amazing and if you aren’t keen on catching your own dinner you can always head to the fish market to pick up the day’s catch. There many fresh food markets here offering a chance to try the local gastronomy. There are plenty of other shopping opportunities too, with local craft shops and boutiques. There are also many local restaurants and cafes where you can sit out on the terrace and enjoy traditional local dishes in the sunshine with a well earned glass of wine or two. With so much to see and do, it is for good reason people fall in love with Denia. It also makes a great base for exploring more of the Costa Blanca or the stunning mountains and hills of the nearby countryside. Choose your perfect new home, or build one There are some stunning houses and apartments available to buy in Denia. Talking to the Peretó Group for Houses in Denia is a great start to the adventure. Denia is a cosmopolitan place, and it is well worth having an expert  on hand who knows the city inside and out and how to find the right house, villa or apartment while making the most of the available budget. Navigating a house purchase in a new country in a new language can be daunting but with the right support, and with excellent English speakers available Peretó Group can make the whole process much easier. Of course the other option they can also help with is building your own dream home. From the purchase of the plot to development of plans and assistance with the construction process they are there to make sure it is the best possible experience ready for you to start your new life in the home of your dreams.

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GuestReady to Become Leading Airbnb Management Company

GuestReady, a global short-term rental company, has acquired BnbLord, the largest Airbnb management company in France, to form the GuestReady Group. The combined company will be the leading provider in Europe managing more than 2,000 properties with a wide range of services to property owners, agents, and developers. GuestReady has been setting an unprecedented pace in the property management industry quickly rising to the top in the complex area of short-term rental management. Since its launch in the summer of 2016, GuestReady acquired three competitors with BnbLord marking the last and largest acquisition to date. Founded in 2015, BnbLord operates across several cities in Europe with a dominant presence in France and Portugal. Last year the company generated more than EUR 10M in revenue for its clients. This acquisition follows the deals announced by GuestReady last December when the company acquired Oporto City Flats, the leading short-term rental operator in Northern Portugal, and took over the management of the portfolio of French Airbnb manager We Stay In Paris. Switzerland-based GuestReady Group now serves more than 2,000 properties through its brands GuestReady, BnbLord, Oporto City Flats, and Easy Rental Services. The offered services include everything that is required to turn a vacant home into a thriving listing on Airbnb, online and offline. Since this year, GuestReady is also offering business-to-business services to property developers and property agents, allowing them to tap into this fast-growing market. “We are extremely excited about this acquisition because it allows GuestReady to propel forward and become the largest service provider in the vacation rental industry. Since we started, we have been very focused on operational excellence and building a property technology system that allows us to automate non-core processes. We can run our large portfolio of properties efficiently thanks to a sophisticated tech platform that we have built in-house over the past years. Without much additional added complexity we can scale our portfolio multi-fold over the coming years,” said Alexander Limpert, Co-founder & CEO of the GuestReady Group. The whole team of BnbLord will join the GuestReady Group and all jobs will be maintained, with the founding team of BnbLord taking senior management positions at the GuestReady Group. “We have been friendly competitors of GuestReady for the past couple of years and we are excited to now join forces. The industry is maturing quickly and we are happy to become part of the technology leader in this space. With our shared experience we will be able to further accelerate growth,” said Léo Bonnet, Co-Founder & CEO of BnbLord.

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Rental Property Ladder Becomes Harder to Climb

Despite increasing market prospects for the property sector as a whole, concerns have been raised as the overall affordability of rental properties; this time, not solely within the reputedly-expensive London area. As of present, the majority of private sector landlords have a stated requirement of some four weeks’ worth of rent before handing over the keys which, given increases in the average rental price of such properties, is beginning to raise similar concerns of affordability as have been seen in those relating to getting onto the property ladder. In fact, the average rental deposit has been predicted to increase by approximately 40% by 2026, hitting a colossal value of £1,111 which, though seemingly far smaller than the costs of getting onto the property ladder, may put people off approaching the rental ladder, even as a temporary measure. With the average monthly rental deposit then, based off these predictions, sitting at around 70% of the average monthly wage, the difficulty of individuals getting their own property in any shape or form is seemingly on the rise. Yet, there are considerable regional variations in this percentage, as reported by the Centre for Economic and Business Research. In London, where affordability has always been of great concern, it has actually been reported that the average rental deposit may reach up to 120% of the average monthly wage, serving as a stark 99% increase on last year and no-doubt putting concerns in the minds of many individuals looking to move or break away from home. Additionally, research has also highlighted that more and more landlords will expecting deposits to be of closer to six weeks’ worth of rent in the coming times, this then adding to the burden of those looking to get onto the rental ladder. With these growing prices, reduced affordability and barrier to enter onto the rental market, it begs the question how the market will react. Will getting onto the rental market be too much of a burden for some? As the major benefit of rental over purchasing a property lies within the affordability, these changes may very well change the landscape of the rental and property sectors entirely. Only time will tell, however.

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