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Hot Spots For Vacation

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With oil prices almost touching $100 a barrel, the Iranian leadership still belligerent, the US still in the Iraqi quagmire, the sub-prime rates influencing the world largest economy the investment opportunities are fast shrinking. Even the Federal Reserve Board believes the economy is looking at a long period of slow growth. Sub prime mortgages and collateralized debt market is chaotic. Most sectors are in the negative territory, except the multinationals in the technology sectors that seem to fare better. Investors are sure to experience painful hits to their earnings. Investing in real estate overseas is a good idea in these circumstances as some of the emerging markets are changing fast and offering a more than good returns on your investment.



Some of the top places that are attracting global investors in the real estate sector are:

Thailand: Political crisis and the weakening of the Baht have led to a fall in the property prices. This has made investment in real estate an attractive proposition. Thailand is one of the most breathtaking destinations with its white beaches, blue waters, rain forests and fascinating wild life. It is a tourist magnet and attracts visitors from all over the globe. Investing in modern villas, flats will fetch extremely good returns as the property prices are increasing. Properties can be rented to tourists; rents are going up by as much as 15% year on year basis. Investment climate in Thailand is one of the best in the world, it also has a robust economy, and another important factor to consider is that foreign investors don't have to pay capital gains tax. Thailand unarguably is one of the most attractive destinations for real estate investors.

Morocco: Exotic North African country bordering Algeria, Mauritania, and Spain. A culturally diverse place with beautiful monuments and mosques, it has sun-baked beaches, vast coastline, hike-worthy hills, dense forests, apart from beautifully laid out parks and gardens. It is going to be the most sought after destinations for travelers from Europe and Asia. Tourism is going to be the growth that will drive the Moroccan economy. Massive influx of cash rich tourists from Europe offers huge investment opportunities in 5 star hotels, resorts, villas, golf courses and associated infrastructure. It is estimated that by 2010 Morocco will attract more than 10million tourists and holiday takers. Moroccan government has announced a 5-year tax-free holiday on income from renting properties. It makes sense to buy real estate in Morocco before the boom.

Dominican Republic: This Latin American country, that boasts heavy weight tourist attractions like Jamaica, Puerto Rico, and Cuba as neighbors, is an underdeveloped but fast emerging tourist hot spot in the Caribbean. The never-ending beaches on the Caribbean Sea and the Atlantic Ocean, dense forests, mountainous landscape and rich biodiversity combined with the availability of low cost labor make it an attractive investment destination. The government is actively promoting foreign direct investment in the hospitality and real estate sectors.

Property purchase laws are friendly and straightforward making investment in this sector highly rewarding. In the coming years, there is going to be a huge demand for quality hotels, spas, golf courses, luxury villas, and apartments to cater to the ever-swelling flood of tourists from North America and Europe. Investors can take advantage of these opportunities.
Hot Spots For Vacation
The best way to get a taste of Italy is to be sure to include the Big Three on your itinerary; Rome, Venice, and Florence. These three cities have and always will be Italy's most popular tourist spots, each offering something unique for those who vacation there. With just 7 to 14 days of vacation time, travelers can get a good idea of what each city offers. In addition, travel between the cities whether by car or by coach provides a look at more of Italy's beautiful terrain since the cities are each located in a different region of the country.

The best way to see these three lovely cities, especially on a first visit is to book an escorted tour with a company that knows Rome, Venice, and Florence inside out and backwards. This way, you're hitting all the major attractions but also those little out-of-the-way places, like a favorite cafe or gelato shop you might not find on your own.

Rome

Rome remains Italy's most visited city. After all, The Eternal City is so full of things to see and do, no matter what your particular interest. Of course, if you're a history buff, you'll probably head straight to the buildings and remains of the Roman Empire and other early civilizations. You'll want to visit the Colosseum, built by Emperor Vespasian and his son Titus in 80 A.D.; the triumphal Arch of Constantine, erected in 315 A.D.; St Peter's Basilica with Michelangelo's renowned frescoes; the extraordinary Pantheon, the first temple built for the common people; and the Roman Forum, once the center of political and commercial life in ancient Rome.

Museums abound, including the wonderful Vatican Museums, housing the most extensive and impressive collection of fine art found anywhere in the world. You'll also want to include visits to The Spanish Steps, the renowned Trevi Fountain, the Via Appia Antica (Appian Way), Castel St. Angelo, and Rome's beautiful churches.

Dining is a joy, whether you're in search of a five-star restaurant experience or would prefer to take a seat in a small outdoor cafe on the Piazza della Rotonda and do a little people watching. Either way, the food is stellar!

Try to allow at least 4 full days to enjoy the capital city and if you're on an escorted tour, do a little research ahead of time to decide which sights you'd like to explore during your free time when specific activities are not scheduled.

Venice

Situated in Northern Italy, Venice is one of the most romantic cities in the world and is often a top choice for honeymooners. But, of course, anyone can enjoy this spectacular city, which stretches across about 110 small islands along the Adriatic Sea.

You'll need at least two full days to see all the highlights. First time visitors to Venice will certainly want to hop aboard a gondola or a vaporetti (water taxi) and explore the city's system of canals, which take visitors past most of Venice's prime attractions. (The canals serve the same function as roads because Venice is a car-free city.) While on your canal tour, you can decide what you'd like to see once you're back on foot.

Top attractions include pigeon-filled St. Mark's Square, home to St. Mark's Basilica, the magnificent gothic Doge's Palace, and many other buildings and sites. You'll also want to make your way to the Bridge of Sighs, one of Venice's many bridges, known as such because it passes over the Rio di Palazzo and connects the old prisons to the interrogation rooms in the Doge's Palace. It was often the last place prisoners could view the city before their incarceration or death.

Be sure to sample the local seafood as well as the innovative pasta dishes. Venice is also known for its wonderful sweets, so you'll want to include a stop at a patisserie or two while exploring this breathtaking city.

Florence

Florence, the gateway to Tuscany, has become more and more popular during the past few decades. Always Italy's most cultural city, it's been as such since the Renaissance, when Florence families such as the Medicis sponsored artists like Michelangelo and others.

The centerpiece of Florence is the Duomo, or Santa Maria del Fiore. A must see, with its magnificent dome and baptistery, this is the architectural jewel in Florence's crown. After you've seen the cathedral, head to the Ponte Vecchio (Old Bridge), the only to survive World War II, lined with interesting shops help up by stilts. And stop at the Uffizi Gallery, one of the finest art museums in the world, or visit the Academia to view Michelangelo's David.

Wherever your first (or second or third) Italy tour takes you, you're sure to be mesmerized by all this wonderful country offers, from its vibrant cities to its bucolic countryside to its friendly people who welcome you with open arms. Take time to savor the moments!
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About Author
Both Kris Koonar & Dominic Siano are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Kris Koonar has sinced written about articles on various topics from Site Promotion, Certified Public Accountants and Culture and Society. Do you think there are no great Real Estate Investments left? Think again because we have live inventory of wholesale investment properties (no sign up needed to. Kris Koonar's top article generates over 550000 views. Bookmark Kris Koonar to your Favourites.

Dominic Siano has sinced written about articles on various topics from Property Investment, Travel and Leisure and Italy Travel. Dominic Siano is President of Tour Italy Now (www.touritalynow.com, the largest online travel tour operator to Italy. A lover of all things Italian, Dominic has worked e. Dominic Siano's top article generates over 33100 views. Bookmark Dominic Siano to your Favourites.
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