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Why Is Limassol An Ideal City To Relocate?

Limassol is the second-largest city of Cyprus and one of the most important tourism, trade and service-providing centers. It is strategically located within the short distance between the airports, main port, Limassol Marina (the biggest one in Cyprus), seaside and the mountains.

Limassol is known as a vibrant business hub for investment & offshore companies, Forex and trading, shipping activities and international banking. Cyprus’ legal framework based on UK law and tax incentives has been a sound basis for growing business initiatives.

In conjunction with attractive tax low, another factor that encourages businesses to be in Limassol is an amendment introduced in July 2015. It specifies that any non-domiciled persons or companies who have not been a Cyprus tax resident for more than 17 out of the last 20 years are exempted from paying the Special Contribution for Defence, comprised of 30 percent interest and 17 percent dividends income.

This, in combination with around 50 double tax treaties with countries worldwide, makes Limassol a very inviting and exciting destination for the financial services sector.

Furthermore, Limassol is a business getaway between Asia, Europe, Middle East, and Africa with a highly educated English-speaking population.

It is well known that Cyprus’s economy has been rapidly growing with rates averaging at 4.4 %, and Limassol being a significant contributor to the island’s GDP. That performance is being driven by solid private demands in employment and expansion of the tourist sector.

The discovery of natural gas and its exploration in the waters of Limassol has been heating up more interest from foreign investors. Therefore, energy will be a new source of growth as the government plans to export gas to east-Asian markets and Europe. These plans are strengthened by the presence and interest in these developments of major oil and gas companies that are already present in Cyprus.

According to Cyprus Shipping Chambers, the Cyprus shipping industry is the third largest in Europe and 11th largest globally, with more than 1000 ocean-going vessels totalling 21-million gross tons. Most of the world’s prominent shipping-related companies have headquarters and fully-fledged offices in Limassol conducting their operations from this city.

Also, the new port of Limassol is the largest on the island. It has been recently updated and modernized by adding a new terminal, increasing the pier, expanding the harbor and putting in additional warehouses. It is by far the biggest port in the eastern Mediterranean.

At the same time, Cyprus encourages constant growth and development of the maritime industry.  There are many dedicated marine institutes focused on training and education, research, innovation and sustainability.

Limassol is also a top Forex hub with over 250 regulated Cyprus Investment Firms listed by CySEC. Most of the companies are foreign owned, but they are attracted to Cyprus because of its strict regulatory framework and solid customer protection laws.

Moreover, Limassol is the trading centre of Cyprus, that has several industrial units like dressmaking, furniture, shoes, drinks, food, prints, metal, electric devices, plastic goods, as well as many other traditional industries.

Furthermore, Limassol is a home for many Cyprus wine companies. The wineries are a very popular tourist destination, and their products of high-quality grape goods are also being exported to Europe.

The tourist sector is going strong and more options are being offered. Limassol tourist accommodation includes Luxury 5 star hotels and villas for those who want to splurge but also plenty more economical hotels and apartments for tourists that are on a budget.

Limassol has the leading role in driving the Cyprus economy up counting over 1 billion euros only from the investment projects for 2017-2019. Some of those projects are The Oval, The One, Lanitis seafront, Amara hotel, Parklane luxury collection, City of dreams and others.

One of the most exciting new developments is the integrated luxury resort casino called “City of Dreams Mediterranean.” It will be finished by 2021 in Limassol. This world-class development is the only one of its kind in Europe. According to the presentation of Consortium Integrated Casino Resorts Cyprus (ICRC), it is forecasted to attract an additional 300.000 of tourists every year with the effect of further development of the west Limassol. On its completion, the resort will provide over 4 thousand new jobs and contribute to Cyprus economy 425 million euros annually.  City of Dreams Mediterranean will offer a wide range of attractions and entertainment options beyond gaming. This pioneering project will dramatically change the tourist industry in the whole of Europe and push the growth of Limassol itself even further.

In addition, a large golf course worth 350 million euros is planned near the “City of Dreams Mediterranean.” It will be centered on ecology and sustainability, with additional property development in the housing and tourism industries thrown in for good measure.

Furthermore, a new technological and scientific park has been established in Limassol, which is anticipated to enhance business in research, technology, and innovation, as well as contribute to economic diversification.

Every year, the number of foreign highly skilled people increases, resulting in the expansion of infrastructure such as new private international schools, medical and rehabilitation centers, a wide range of services, and so on.

At the same time, Limassol has the most pristine beaches with crystal blue waters extending for 17km and a mild climate that attracts thousands of tourists. There are plenty of sites and activities to enjoy that will satisfy every taste:  The Casino, new Resorts, Skyscrapers, sporting events, extreme sports, fun activities, cultural events, extensive shopping, spa and wellness beauty salons … you name it… Limassol has it all.

Limassol is a city that merges business and pleasure and it is full of pleasant surprises. It offers a variety of options according to your mood and preferences. By investing in Limassol real estate, you will inevitably gain on capital appreciation on your property due to the upcoming trend of real estate prices going up and the popularity of Limassol itself rapidly rising.

What is more intriguing is the fact that the Real estate market in Cyprus is booming.  There are many attractive opportunities in real estate commercial and residential units that promise secure initial capital, an excellent ROI, capital appreciation, and low risk.

In accordance, overseas investors express a lot of interest in investing in real estate properties, which will qualify them in order to acquire additional citizenship through the Naturalization of Investors in Cyprus by Investment scheme.

Taking everything into consideration, Cyprus has all the necessary elements, making the island a competitive, attractive, flexible and friendly foreign investment state.

 

Location, Location, Location

Location, Location, Location

The term location is used to identify a point or an area on the earth surface or a place of settlement, residence or activity.

The phrase ‘’location, location, location’’ is widely used in the real estate investing world and not unfairly. In fact, it might be the single most important aspect about real estate investing. Price is nice, but location is better; it dictates everything else.

6 reasons why location is important:

  1. Location is a constant,

It determines:

  1. the supply and demand,
  2. how desirable a property will be,
  3. the optimal rental strategy,
  4. profitability,
  5. appreciation

The choice of location regarding a property depends on different factors and criteria. These factors usually depend on the industry and the nature of the enterprise. Depending on the company and its operations, the decisions regarding location might depend 100% from specific location parameters, whilst on some other cases the decisions might not be affected by any restrictions, however they have to oblige to certain terms which the investors think are critical.  Factors change over time. For instance, in recent years, factors which had previously been neglected, such as freedom from pollution, quality of life, etc. are now critical.

Why is location important when buying a house?

In a real estate purchase the importance of location is being overestimated. However, location is indeed the most important factor when investing in real estate since it translates into profitability. It creates the desire to purchase, which in turn (the desire) creates demand and demand creates a rise in price.

Location matters! Even the location inside your neighborhood will have huge impact on your home’s esteem and value. When purchasing on the low end of the neighborhood’s price range the other homes in your neighborhood will bring your value up. Also, people love water. Thus, the idea of buying a property near water is very attractive.

When the time comes a buyer is attempting to recognize the location of the property, she/he is interested in, she/he is prepared to pay up a great sum of saved capital. Thus, it is crucial to choose the correct location which makes the real estate purchase ‘tick’.

Some of the common variables for making a real estate purchase ‘tick’ are:

  • The status of the neighborhood
  • Proximity to facilities and amenities
  • Safety
  • Access to water
  • Access to major highways
  • Greenery
  • View

Without a doubt price and location are both important factors. Location eventually dictates everything else about the property. In other words, if a property is situated at a good area and prime locality it will behest a better selling price.

Have in mind that the most important factors when buying a home are location, location, location. When deciding to buy your house you must keep in mind time. Meaning; are there going to be any major changes to the area and how is locality expected to evolve over period.

To conclude, any purchase of home should be backed by a well-thought-of plan in the terms of location.

The Importance of Construction Materials

CONSTRUCTION MATERIALS AND THEIR IMPORTANCE IN ANY INFRASTRUCTURE PROJECT

It is widely known that the Real Estate Industry has faced many obstacles and has witnessed changes not only in a local, but also in a global level. However, is clear that this industry not only overcomes the encountered obstacles and changes, but it also finds new ways to take advantage of them and turn them into a win-win situation.

People are not holding back and are not afraid to invest in real estate. On the contrary, they make a great effort to ensure that this investment will bring value and comfort to them and their families.

Nevertheless, it is important to note that emphasis given on buying a property is firstly given to the blueprints of the development. This comprises the construction materials, the interior materials, the planning and other decisions that need to be taken into consideration. The major aspects are the construction and building materials.

The final form of construction will substantiate that high-quality materials have been used, and not unjustly, high-quality materials have a primary role in the real estate industry.

Why though are high-quality materials of such importance regarding the quality and safety of an infrastructure project?

  • Cost – Saving in the Long Run:

The selection of high-quality construction and building materials, even though they cost more, ensures the saving of money at a later stage. On the contrary, low-medium quality materials although might be more financially friendly, will result at a larger cost on the long run since they will gradually wear off and will need maintenance. Thus, it is crucial to choose high-quality building and construction materials from the beginning of the project.

  • Happy Investors & Maintaining Goodwill:

It is important to acknowledge that what you build today will be a home for someone tomorrow. Using the best materials will ensure that the property will be safeguarded and secure. This will in turn, lead to goodwill and happy residents.

  • Recommendations is the best Marketing Strategy:

Following the goodwill happy investors would be more than happy to cooperate again will the developer or the builder, depending on the case scenario, or they will even be willing to promote the company/developer/builder to other interested investors.

  • Time Saver:

If high-quality materials are not used since the beginning of the project, at a later stage the resident will have to deal with fixing small glitches which lead to expenses, effort and it will also be time consuming.

  • Assurance during Natural Calamities or Crisis:

Natural Calamities are unpredictable; however, measures must be taken in order to minimize the dangers which may occur from a natural calamity. High-quality materials have resilience in such natural calamities.

To conclude with, the research about high-quality materials may sometimes be a little time consuming, but it the long run it will be surely worth it. It will provide a safeguarded, secured, and high resilience project which will only gain more value over time.

Construction Materials and their Importance

It is widely known that the Real Estate Industry has faced many obstacles and has witnessed changes not only in a local, but also in a global level. However, is clear that this industry not only overcomes the encountered obstacles and changes, but it also finds new ways to take advantage of them and turn them into a win-win situation.

People are not holding back and are not afraid to invest in real estate. On the contrary, they make a great effort to ensure that this investment will bring value and comfort to them and their families.

Nevertheless, it is important to note that emphasis given on buying a property is firstly given to the blueprints of the development. This comprises the construction materials, the interior materials, the planning and other decisions that need to be taken into consideration. The major aspects are the construction and building materials.

The final form of construction will substantiate that high-quality materials have been used, and not unjustly, high-quality materials have a primary role in the real estate industry.

Why though are high-quality materials of such importance regarding the quality and safety of an infrastructure project?

  • Cost – Saving in the Long Run:

The selection of high-quality construction and building materials, even though they cost more, ensures the saving of money at a later stage. On the contrary, low-medium quality materials although might be more financially friendly, will result at a larger cost on the long run since they will gradually wear off and will need maintenance. Thus, it is crucial to choose high-quality building and construction materials from the beginning of the project.

  • Happy Investors & Maintaining Goodwill:

It is important to acknowledge that what you build today will be a home for someone tomorrow. Using the best materials will ensure that the property will be safeguarded and secure. This will in turn, lead to goodwill and happy residents.

  • Recommendations is the best Marketing Strategy:

Following the goodwill happy investors would be more than happy to cooperate again will the developer or the builder, depending on the case scenario, or they will even be willing to promote the company/developer/builder to other interested investors.

  • Time Saver:

If high-quality materials are not used since the beginning of the project, at a later stage the resident will have to deal with fixing small glitches which lead to expenses, effort and it will also be time consuming.

  • Assurance during Natural Calamities or Crisis:

Natural Calamities are unpredictable; however, measures must be taken in order to minimize the dangers which may occur from a natural calamity. High-quality materials have resilience in such natural calamities.

To conclude with, the research about high-quality materials may sometimes be a little time consuming, but it the long run it will be surely worth it. It will provide a safeguarded, secured, and high resilience project which will only gain more value over time.

Safety and Security Features to Consider Before Buying a House

There are many features that people consider before buying a house. For example, people tend to look for big and spacious rooms, quality and flawless tiles, modern kitchen fittings, and exquisite bathrooms.

However, how much attention do buyers pay to the most crucial aspect of house buying – security? While it’s indeed true that a place you intend to make your home should offer you comfort, but above all, you and your family should feel secure and safe when at home.

Because of this, safety and security features are the most crucial aspects you should consider when buying a house. After all, you and your family need peace of mind while at home.

With that said, here are some top security and safety features to consider when buying a home.

How Safe Is the Neighborhood?

Before anything, you should get yourself accustomed to the area in which you wish to buy a house. Then, take time to find out the history of reported crimes in the location. You can access these crime rate records from the nearest police station.

You can also drive or walk around the neighborhood to find out how safe it is. For example, you can determine if there is adequate street lighting in the community.

Finally, introduce yourself to the neighbors you intend to move next. This will give you an insight into the type of people you will be living with. If they are friendly, you will get a sense of security in the area.

What Are the Credentials of the Developer?

It is vital to track the developer’s history you intend to buy your house from for your legal safety. In addition, you should do a thorough check of all the documentation and approvals of the project.

You should make a close study of the past projects done by your deliver. Also, ensure that the title deed to the property is valid for you to have real legal security.

If you are buying an apartment, find out the cost of monthly maintenance costs. It will also be necessary to know if the developer allows you to rent an apartment out once you have purchased it.

Security guards, if well deployed, can help fortify the security of your new property. Moreover, you should study the history and credentials of the security company contracted to keep your neighborhood safe.

This will give a picture of how well the guards have been trained to handle security breaches and other safety emergencies. In addition, you should check the police clearance of the security guards that have been deployed in the vicinity of your property.

What Is the Quality of the Doors and Windows?

The quality of the doors and windows of the house you wish to purchase should be a top priority. The doors and the windows should be sturdy.

Additionally, the windows must be made burglar-proof while also keeping a keen interest in their aesthetic value. Finally, the choice of the locks used on the doors must also be tough to pick.

Doors and windows can give intruders entry points to your house if not given attention. Therefore, it would be best not to compromise the quality of the doors and windows.

What Were the Previous Owners/Tenants of The Property Like?

Second-hand property can have a troubled history that may cause a future threat to security. This is why you should find out information from neighbors about the previous occupants. You can also contact local authorities to inquire if there has ever been a disturbance at the address.

Suppose you still decide to acquire the premises even if the previous occupants were questionable individuals. In that case, you should do the following: Ensure that you change all the locks in the house to make it more secure.

Fire Protection

You should not concern yourself only with safety from thieves and burglars. Fire safety measures are also crucial in ensuring the security of your property.

Make sure that functional fire extinguishers are positioned strategically in the house. This will give precedence to tackling a fire before it goes out of control.  Before buying a house, check the condition of the current fire alarm system. If it doesn’t satisfy you, then you may need an upgrade.

Fortunately, there are many high-tech fire alarm systems in the market. So, it’s easy enough to install one that is functional and has been tested.

Another security feature you should employ in case of a fire outbreak is ensuring that the keys to all locked doors are easily accessible to make escaping easier.

CCTV Surveillance

CCTV surveillance should be part of your security system. After all, CCTV cameras are becoming more and more advanced, with some coming in with the live streaming feature.

This way, you can keep an eye on your property even when you are away on vacation. Go for properties that offer round-the-clock surveillance of the entire premises.

Your chosen CCTV surveillance should also be paired with burglar alarm systems. This will boost your protection and that of your loved ones.

Safety Tips for Second Hand Properties

Buying a house that has been occupied for a long time means you need to be more mindful and careful. After all, old houses experience natural wear and tear over the years. Therefore, electrical safety should be your top concern.

With that said, here is what to look for:

  • Check and note the positions of all the electrical outlets. Confirm that all are still in good working order and have been properly installed.
  • Ground Fault Circuit Interrupters(GFCIs). These devices protect appliances that come into contact with water. If GFCIs are not installed in your new home, plan to do so for your safety. You will expect to find GFCIs in kitchens, bathrooms, or other areas in the house where water is likely to come into contact with electricity,
  • Check the appliances that come with the house. You should check if the included appliances, such as HVACS, Refrigerators, and water heaters, are working correctly. Do they pose any hazards?
  • Check the lights. Test if all the lighting fixtures are working correctly. If there are any popping or sizzling sounds when turning on the lights, there may be an electrical fault.

Final Thoughts

Your security begins with you. Taking the above measures into consideration will give you a safer and more secure home. After all, it is always more relaxing to feel safe in your own house. It is also a part of wholesome living.

House Tech Gadgets That Will Make Our Lives Easier

Gadgets can definitely make our lives easier. From live feeds to automation, it is impossible to dislike the convenience those things can bring. Due to the emergence of ‘smart’ technology, more and more devices can be linked wirelessly, making hands-free activation possible.

Here are some of the best home tech gadgets that you can avail of this 2021.

Home Fixtures

  • (Outlet) ConnectSense Smart Outlet 2

This is a smart dual-outlet that can be controlled via mobile apps and digital assistants. It may lack IFTTT support, but it can be remedied with HomeKit Scenes and Automations. Also, it can monitor energy consumption.

  • (Outlet) Kasa Smart Wi-Fi Outdoor Plug

Another smart plug, this product is more applicable to outdoors. It can handle patio lights and even pool pumps with just a smartphone. Although it won’t record any power usage, it is very easy to install and compatible with other smart gadgets.

  • (Doorbell) Ezviz DB1C Wi-Fi Video Doorbell

This is a doorbell with the capability to capture Ultra HD video and can be linked to Wi-Fi. Aside from its local storage, it can also store videos via cloud servers.

  • (Lighting) Wyze Bulb Color

As the most affordable smart bulb to date, you can have a variety of colors. With just direct wireless communication from your smartphone, you can customize its features, such as trigger stimulus and operating schedule.

Home Security

  • (Security Camera) Arlo Pro 4

This security camera has it all: high-resolution, motion detection, colored night vision, and weather resistance. You can just stay comfortable on your couch as you observe the videos captured very clearly and without delay.

  • (Security Camera) Wyze Cam V3

Another option for a security camera, this product is built to be budget-friendly. It has all the great things about video capturing except that it is not guaranteed to be weather-proof.

  • (Baby Monitor) Nanit Pro

Unlike any other baby monitors, this one has more features aside from capturing and recording videos. It can track crying noises very quickly, which is one thing that parents are concerned about. Aside from that, it can measure your child’s growth.

  • (Pet Monitor) Furbo Dog Camera

It may be a bit pricey, but this pet monitor is ideal if you have highly active dogs that can wander around inside the house or out in the backyard. Things like 1080p resolution, barking alerts, two-way audio will even look normal with this amazing feature – tossing of treats.

  • (Door Lock) August Wi-Fi Smart Lock

This is a smart lock with the capability to connect to Wi-Fi. Talk about remote security!

  • (Home Monitor) Vivint Smart Home

If you want to automate the whole house, from lights to alarms, you can have this home system installed. It is not cheap, though, but you can have total control via a touch-screen controller, a PC, or a smartphone. Everything can be taken care of by the Vivint technicians.

  • (Home Monitor) SimpliSafe Home Security System

If you want a DIY approach to installing your home monitoring and security, you can do so with this home system. It can be easy to set up, and you have full discretion on how flexible your system can be. The best part is it has an affordable option.

Home Appliances

  • (Thermostat) Ecobee Smart Thermostat With Voice Control

This has a lot of features for a thermostat aside from voice control. It has a wide range of multimedia support and can communicate upon dual-band Wi-Fi.

  • (Thermostat) Nest Thermostat

This thermostat has all that other smart thermostats have, including the setting of operation schedules. The main advantage of this product is its affordability.

  • (Air Conditioner) Midea 8,000BTU U-shaped Air Conditioner

A quiet air conditioner is already appealing enough. To add its great appeal, this unit is Wi-Fi enabled and primarily runs with a mobile app.

  • (Oven) Brava Oven

As an expensive countertop oven, it does more than baking or heating. It offers at least 10 ways of cooking, with many automated features involving ingredients. Plus, it has a built-in camera that can be accessed via smartphone.

  • (General Cooker) Anova Precision Cooker Wi-Fi

If you want highly precise cooking enabled by wireless controls, then this product is for you. Although it takes a while to get familiar, the great results will speak of themselves.

  • (Grill) Traeger Ironwood 650

With this grill, you don’t need experience barbecuing—no need to worry about flare-ups, unevenness, and even constant feeding of firewood.

  • (Vacuum Cleaner) iRobot Roomba s9+

This robotic vacuum cleaner has very powerful suction. Aside from that, it can empty its own dustbin.

  • (Vacuum Cleaner) iRobot Braava Jet m6

Another robotic cleaner, but this time, the product is more conducive for longer working hours due to its great battery life.

  • (Vacuum Cleaner) Ecovacs Deebot Ozmo T8 AIVI

This robotic cleaner uses artificial intelligence and visual interpretation, or AIVI, technology for fast obstacle recognition. You can even view live footage of its operation as if you are navigating the cleaner.

Home Entertainment

  • (Speakers) Amazon Echo Family

This is an Alexa-powered Bluetooth speaker that can work well with a lot of smart devices. Also, it is compatible with IFTTT.

  • (Speakers) Google Nest Hub Family

Although this product has lots of similarities with the previous entry, it is powered by Google Assistant. With that being said, it is capable of syncing with other Google services.

  • (Speakers) Sonos One

If you want a generalized speaker, this product supports almost all voice digital assistants. Superior sound quality is already expected, but the compatibility with other smart devices makes it even better.

Home Fitness

  • (Cardio Exerciser) Peloton Bike+

This is much more than a stationary cycling machine. It provides a more immersive experience, with a screen and a sound system that simulates the outdoors.

  • (Strength Exerciser) Tempo Studio

Smart tech and lifting weights? Yes, it is possible with this strength training machine. It has sensors and automated features that aid your weight lifting. Aside from that, there is a large screen included to view tutorials or live classes.

  • (Weighing Scale) Wyze Scale

Not only for measuring your mass, but it also tracks a lot of important aspects such as BMI, heart rate, protein level, body fat, water percentage, and muscle mass. Also, data can be recorded in order to serve as future reference.

  • (Fitness Bed) Sleep Number 360 Smart Bed

This is a bed equipped with sensors that track your health metrics and sleep trends. That alone is already a catch!

Outdoor 

  • (Sprinkler) Rachio 3 Smart Sprinkler Controller

This product makes watering your lawn stress-free. It has automated features, and it can be remotely controlled via smartphone.

  • (Lawn Mower) Worx Landroid M 20V

If there is a robotic vacuum cleaner, this product is a robotic lawnmower. On top of the similarities between the 2 automated devices, this product is cordless, which is a great advantage for outdoor devices.

Conclusion

There is no doubt that all of these devices can make your life easier at home. However, do remember to select those that have an option for manual control. Power outages and network problems are still common occurrences today. So, it is better to be prepared for the worst-case scenario.

Closed VS Open Kitchen Design: Which is Better?

Closed VS Open Kitchen Design: Which is Better?

Kitchens are sometimes referred to as the heart of the house. The design, layout, and structure of kitchens have changed drastically over time with most homeowners shifting from the traditional closed kitchen to open floor plans.

This may be because of the shifting demands of home residents, reducing household sizes, as well as the dynamics associated with the shift from joint to nuclear families. The kitchen has evolved from becoming a separate room used solely for practical and functional reasons to becoming the heart of the home.

When it comes to selecting the best kitchen design, the choice between a closed kitchen and an open kitchen is often a difficult one. Most people prefer open kitchens because they blend well with the structure of the building while others prefer closed kitchens because they offer privacy when preparing foods.

Wondering which kitchen plan to use for your home? Here is a comprehensive look at both styles of kitchens, including their pros and cons to help you make an informed decision.

1.    Closed Kitchens

Closed kitchens are more conventional and enclosed kitchens. People who enjoy privacy when preparing foods and want to make their kitchen their personal haven may appreciate these kitchens.

Benefits of a Closed Kitchen

  • Great Privacy

A closed kitchen is best if you are cooking on a regular basis or enjoy preparing big meals. Guests are more unlikely to enter this kitchen, which is important for some homeowners. Not only do these kitchens offer privacy but also prevent sounds, odors, and gases from getting to the other rooms. Rather, they are confined to the kitchen walls.

  • Hides Messes

Another advantage is that you really can put off cleaning up the mess for at least a while because the area is not noticeable from the rest of the building.

  • More Storage Options

Furthermore, closed kitchens, with their walls, provide more storage options.

Disadvantages of a Closed Kitchen

  • It Can Get Lonely

Although privacy is an advantage of a closed kitchen, it can instill a sense of decorum and coldness. This means that you will miss out on great bonding activity, particularly in busy households. This design makes it hard to engage with family and friends when preparing food because there is no easy accessibility from the kitchen to the dinner table.

  • Appears Smaller

Another drawback of this type of kitchen is that it may appear smaller than the open kitchen. If this kitchen is in an apartment, it will make space look shorter by reducing the wide line of sight.

2.    Open Kitchen

An open kitchen, as the name implies, is a type of kitchen that is devoid of partitions and walls. It is basically more of a public space that is ideal for showcasing your imagination and decorating design.

Benefits of an Open-Plan Kitchen

  • Great for Smaller houses

If your house is small, an open kitchen is a fantastic idea. Since there are no walls or partitions, it enables rooms to spill through one another, causing the house to appear larger than it really is.

  • Allows Interaction

This type of kitchen also adds to the casualness and friendliness of the room. While doing your kitchen duties, you can spend time with friends and family. It offers a better atmosphere in which you can engage with your visitors when preparing food.

  • Greater Functionality and Versatility

Another benefit is that several chefs can work in almost the same area. An open, flexible design in a shared house enables more individuals to function at the same period. This kitchen also allows for the addition of a central island, which does not obstruct the walking area since there is no fourth wall.

Disadvantages of an Open-Plan Kitchen

  • Lacks Privacy

Since it features an open design, this type of kitchen must always be kept clean.

  • Can Get Noisy

This type of kitchen can be noisy if you’re doing a lot of complicated cooking on a daily basis. A variety of noises from the kitchen, either from the dishwasher or the mixing console can cause disruptions in other parts of the building. In addition, in such a situation, the kitchen appears for becoming extremely hot, and this heat expands to the adjoining rooms.

  • Limited Storage

Due to the lack of adequate partitions, open kitchens have minimal storage capacity.

Kitchen Guide –How to Choose the Right Kitchen Plan for Your Needs

Choosing the right kitchen plan for your needs can be daunting. Below are some tips to keep in mind when making your decision.

  • Make a Plan

What would you like the final appearance of your kitchen to be? Recognizing the final kitchen design is an important first move, either you sketch your layouts, gain inspiration from magazines, or even use technology.

  • Calculate the Size of Your Space

What kind of working room do you have? Make a list of the measurements of your entire kitchen and use them to design your venture.

  • Determine Your Storage Needs

When deciding which kitchen plan to choose, it is important to consider your storage needs. If you need to store a lot of things, then a closed kitchen would be most ideal. It allows you to expand your storage space, which ranges from separate cabinetry to constructed turntables.

  • Make a Financial Plan

Having a budget in mind will help you narrow down your options. Mind to include the expense of authorization and related frameworks in your budget.

  • Locate an Expert

You will almost certainly need to employ a professional contractor to help you decide the right kitchen plan for your house. Before making a decision, do your homework on local contractors and consultants, review their credentials, and evaluate at least 3 professionals.

Conclusion

There are a lot of factors that you need to keep in mind when it comes to choosing the right kitchen design for your home. Whether it is an open or closed kitchen type, make sure that you take the right measurement, come up with a budget, access your storage needs, and other important factors.

Also, it is recommended to hire a professional kitchen designer to help you create a suitable kitchen that matches your preferences and needs. They can also give you renovation ideas to give you a better kitchen.

 

 

What is the Importance of Property Insurance?

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Most people usually overlook property insurance, but it is as important as the other forms of insurance. When you have an expensive property, one thing that you must consider is getting it insured. Your property is the product of your hard work. It is just logical to make sure that it is protected from unforeseen losses and damages.

Property insurance is a form of insurance that offers protection to your property–your house and its contents. When you get property insurance, you agree to pay a certain amount to the insurance provider to assure that it will bear the burden of losses that might occur in the future.

Your residential property is one of your most valuable assets, if not your only asset, and it must be protected. These are several reasons why you should get property insurance:

  1. It offers maximum protection against risks of loss
  2. It gives the property owner peace of mind
  3. It prevents unnecessary expense in case of untoward damages
  4. It compensates damages
  5. It keeps your finances safe

The Benefits of Property Insurance

Having your property insured is one wise decision to make. Based on studies, the importance of property insurance is worth the amount that the property owner will pay for it.

When one considers the damages that will be incurred, the premium is a small price to pay. Nobody knows what the future holds; accidents and disasters happen. Especially in the condition of our world today, climate change and the worsening natural disasters pose grave threats. Property insurance takes care of these uncertainties.

Here are some of the major benefits of getting a property insured:

  • It Offers Maximum Protection

The number one function of property insurance is to cover all the losses you have incurred due to uncertain risks that may cause damages and losses to your property and its contents.

  • It Gives the Property Owner Peace of Mind

Suppose you know that your properties are well-protected from risks and dangers. In that case, you will never have to worry about the uncertainties of life. Whatever happened to your property, you are assured that the insurance company will take the burden of losses.

  • It Prevents Unnecessary Expense

What if a windstorm occurs and your property was heavily damaged? What if thieves entered your house when you’re on vacation and emptied all your valuables? What if a fire caught your house? What if you don’t have extra savings when one of these happens?

These are possible scenarios that might happen. Without property insurance, either you will spend all your savings from repairing your house and restoring your valuables or live miserably with what’s left with your property. However, if you have property insurance, you don’t have to shell out unnecessary expenses because your insurance provider will reimburse your losses.

  • It Compensates Damages

Depending on the type of your insurance and insurance provider, whatever damages that your property has incurred, you will be compensated. So, it is important that you know and understands the entire coverage of the insurance policy you are buying. As long as the loss is not due to your negligence, you will receive whatever amount that is commensurate with your loss.

  • It Keeps your Finances Safe

When something unfavorable happens, your finances will be spared. Aside from some minor headaches and inconveniences from documenting and processing claims, you don’t have to worry about your finances.

Now that we have covered the importance of having property insurance, you need to identify which of your properties are to be protected. It can be either of the following or all of them:

  • Physical structure or building
  • Expensive pieces of jewelry and other valuables
  • Household furnishings including but are not limited to the couch, tables, chairs, etc.
  • Household types of equipment including but are not limited to gadgets, chandeliers, television, air-conditioning unit, etc.

Types of Property Insurance

There are 4 types of property insurance. They are the following:

  • Homeowner’s Insurance

It is the most commonly purchased property insurance with the most number of claims.

  • Commercial Property Insurance

If your business has a physical office, it is wise to acquire a commercial property insurance policy.

  • Flood Insurance

Regular homeowner’s insurance does not cover damages or losses due to the flood. So, if your property is located in a flood-prone area, it is a must to get a flood insurance policy.

  • Natural Disaster Insurance

Regular homeowners do not usually cover natural disasters such as hurricanes, tornadoes, earthquakes, and other types of inclement weather. Ask your insurance provider for other coverage of natural disaster insurance.

A homeowner’s insurance policy coverage may vary depending on the provider. However, they generally cover the following instances:

  • Losses caused by fire
  • Damages from hailstorm
  • Explosion or smoke
  • Theft or burglary
  • Vandalism
  • Riot or civil unrest
  • Damages caused by aircraft or vehicles
  • Volcanic eruption

These coverage will more likely increase the price of your premium:

  • Flood damage (separate policy)
  • Earthquake (separate policy)
  • Maintenance due to worn-out damages
  • Molds, etc.

The standard homeowner’s insurance is divided into three coverage categories: Dwelling coverage, contents coverage, and personal liability.

  • Dwelling coverage protects the home’s physical structure, which includes floors, walls, ceilings, built-in fixtures, appliances, and other attached structures.
  • Contents coverage protects valuables inside the house, which includes furniture and clothing.
  • Personal liability includes damage coverage such as bodily injuries, accidents, and property damage.

However, these are just the standard coverage. You can ask your provider for the customization of the insurance policy. It is better to identify your coverage that suits your specific situation, requirements, and lifestyle.

Conclusion
Whatever types of property insurance to buy, make sure that you clearly understand the terms and conditions. Ask as many questions as possible to your insurance agents and read everything, even the fine prints. Nobody holds the responsibility of your property other than yours.
But suppose you are sharing this responsibility with an insurance company. In that case, you need to do it right to avoid false hopes. Get an insurance company that best meets your needs and lifestyle.

Ways to Make Your Kitchen Look Luxe while on a Budget

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The kitchen might be the most costly part of your house to decorate because of the details needed in the appliances, decors, and countertops, among many others. However, you can make it more expensive-looking by paying attention to the small details.

Continue reading to know tips on how to make your kitchen look luxe on a budget.

Tips on How to Make Your Kitchen Look More Expensive

Here are some quick tips on how to make your kitchen look expensive while on a budget:

  • Have the Correct Layout

If having the perfect layout is your priority in redecorating your kitchen, making it look expensive is easy. It is recommended that your work triangle, which is the distance between your stove, sink, and fridge, is as small as a footmark. Even though there are no exceptions, you can keep in mind that your fridge is nearer the entrance since many house members primarily go to the kitchen to get something in the fridge.

  • Update the Lightings

Lights are like jewelry in interior design since they are the ideal finish accents in a room. Therefore, it is best to change your basic designs and shapes and add a bit of your personality to have a custom-design look in your kitchen.

You can opt for pendants and chandeliers since they make your kitchen brighter and improve the mood of the area. Standard lights are uniform, so it will be better to mix them up with your personality.

  • Personalize Accessories

You can turn your kitchen into a special and elegant area by thinking of ways to make your accessories stand out. You can layer unusual and unique elements such as putting decors on your shelves, adding ferns on your walls, using striking textiles, or personalizing items to achieve a one-of-a-kind design.

  • Pay Attention to Details

Hardware can do a lot in the overall look of the furniture. You can think of hardware like earrings. Therefore, when you want to upscale the elegance of your kitchen furniture, you can upgrade your cabinets. You can also replace the hardware of your cabinet pulls and drawers. The whole space will be instantly updated with the unique look your hardware will give.

  • Opt for Stools

If you do not have a lot of space to put additional furniture pieces in your kitchen, opting for counter stools is highly recommended to give more personality to your pieces. You can get stools that have unique materials or shapes to give an interesting element to your interior. If you do not have enough space for a bar or island area, you can place a small stool in a corner. It will give a new design layer and an area to rest or wait while cooking.

  • Consider Kitchen Floors

Faux materials can be ideally used on your kitchen floors. Wooden floors are commonly used in modern home layouts and need to be the same in all parts of the house. Nevertheless, you can pick ceramic tiles to level up the look of your kitchen if you place the tiles diagonally.

  • Upgrade Your Faucet

Because kitchen faucets have been functional tools in the kitchen, most manufacturers have found ways to offer them in various finishes, configurations, and designs. Therefore, changing your basic faucet to something more decorative and attractive and matches your hardware can make washing the dishes high-end.

  • Put Some Plants

Plants can give your kitchen a luxurious and comfortable feel. You will not go wrong by adding herbs to your windowsill. It is not only aesthetic but functional as well. You can also scatter small pots in your kitchen or have a single big plant prominently positioned on your island or counter.

  • Pick Out Light Hues

When you pick out a light hue for your cabinets and walls, your kitchen will instantly brighten up. It will seem larger and more luxe. Light hues catch the light and conceal dents, dings, and other imperfections in your kitchen.

  • Change Cabinet Doors

If you want a sleek and new look for your kitchen, you can change your old cabinets by purchasing new ones, sanding them, or refinishing them. Your kitchen will be glam when you get glossy or glass doors. You can also remove some of the doors and make open shelves to showcase your best kitchen pieces.

  • Use Artwork

Adding artwork elevates any space, and kitchens are no exception. You can go big and be bold in choosing artwork since it gives an illusion of a larger space. If you rent a space, this is also a good idea since you do not have much freedom to change your kitchen.

  • Paint Using Stainless Steel

If you do not have stainless steel pieces in your kitchen, that is not a problem. You can use stainless steel paint to give your pieces and appliances a stainless-steel finish. Not only will it update working appliances but also give your kitchen a more modern feel. You just need to look at the stainless steel paint you will be using since manufacturers make various types of this paint depending on how it will be used.

  • Put Window Treatments

To instantly make your kitchen elegant, you can use window treatments to uplift boring windows.

  • Upgrade Old Decorations

Upgrading your old decoration will give your kitchen a fresh look without spending much. One way to do this is to replace your fruit bowl with a beautiful tray or ginger jar to add an exquisite vibe.

  • Organize

Clutter makes any area look sad. Therefore, hiding your small appliances such as coffee pots, toasters, and blenders can clear your kitchen. These appliances are easy to get when you need them.

Conclusion
Finally, even though kitchens are expensive to renovate, you do not need to spend much on new counters, changing your appliances and furnishings, or updating your backsplashes. The ways listed can give your kitchen a luxurious feel without going over your budget.
Updating light fixtures and cabinet hardware are some of the budget-friendly tips in styling your kitchen. Following even one tip from the list can make your kitchen instantly luxurious.

Warning Signs When Buying a Property

Caution

Buying property is a significant financial commitment. Therefore, it is essential to understand what you are buying before giving up any money. Sometimes, overlooking a less significant detail or making an uneducated purchase can drain your money and time down the road.

To save your money when buying property, here are some warning signs you should be on the lookout for:

  • Tilts and Cracks
    Sometimes the interior of the property you are looking to buy can smell fresh and have recent paint or floor varnish. However, checking the exterior is also important. Often, tilts and cracks are an exhibition of underlying severe foundation issues, which can cost a fortune to replace.

    For example, what looks like a crack could need demolition of the entire structure to correct. Besides, when you begin rehabbing a property, the more you dig, the more problems you find.

    Therefore, while cracks are common, especially with old buildings, ensure they are less than a quarter-inch wide. Alternatively, it is wise to have a structural engineer pay the visit to the property. Remember, sometimes sellers paint the cracks to make them invisible, so look for surface mismatch during your inspection.

  • Restrictive Inspection
    Does your seller prevent you from accessing some room during your visit? That is a red sign, irrespective of the reasons they share with you. Often, when the seller insists that you cannot view some areas until you sign the contract, it is because there is something they are hiding. A listing agent for the property should allow you a full inspection of the property.

  • Lengthy Property Ownership History
    Requesting for the history of the property’s ownership is an essential yet majorly overlooked aspect. A property with high turnover can be a severe warning sign. The average length of property ownership should range between eight and nine years. So, if many previous owners owned the property for less than maybe two years, that is a red flag.

    While property inspections help shed light on the building or house, you can never know how comfortable or convenient the home is until you take possession. Always choose a house with little ownership history if possible.

  • Sellers Offer Incentives to Keep You from Coming for an Inspection
    Some cheeky sellers will make good incentives or offer compelling arguments for you to waive the inspection. Unless there is something the agent or the seller is hiding, there is no reason for you to forego inspection of a property you are willing to buy.

    It is imperative to have an inspection or site visit contingency as it will be your leverage to negotiate the price. Also, it can be your leverage to walk out of the deal should you find something unsatisfactory.

  • Water Damage
    Sellers are rarely honest with buyers, especially those looking to sell their property fast. Sometimes, the selling urgency makes sellers conceal any water leakage or damaged pipes with fresh paint. After some time, the area begins to breed mold, and it will be an unpleasant experience.

    Take a closer look, especially in the kitchen sink and beneath the sink. Also, check the underside of the kitchen drawers and the base of the toilets and tubs. If you notice any warped sheetrock under the window seals, it could indicate water leaks.

  • There are No Available Permits
    The seller should always have the permits, and it is in your best interest to ask for the “Report of Residential Building Record.” The report acts as the receipt for your property. If the seller has added any new deck, the addition should be featured in the report. If it is missing, then there is a high chance that the seller did not build the deck as per the set code, which could be unsafe.

    Therefore, during your inspection, check everything, and ask for permits. Be on the lookout for any constructions or adjustments made without a permit. While some trivial things such as remodeling and changing windows do not need a permit, you can quickly inspect and see if the tasks were done correctly.

    On the other hand, for significant construction such as electrical work and major structural property work that needs a permit, you should insist on one. Sometimes, sellers do not have the permits due to time, cost, and high property taxes.

  • Uneven Floors
    During a site visit to a property, it is crucial to carry a marble with you. Place the marble on the floor in different rooms to judge the evenness of the floor. Evaluating whether the floor is even or uneven could be difficult using the naked eye.

    Older houses tend to have uneven floors because often, houses aggressively settle, creating a hump in the middle of the house. Deflections are costly to correct because you will have to rip out the entire floor and find a floor that matches. Also, you will need to correct the support column and ensure the final finishing matches the original flooring.

    Depending on how uneven the floor is, sometimes, correcting it could need some foundation work. While it is common and natural for property to have uneven floors, correcting it could be costly, especially if you had not set aside some finances.

  • Room Fresheners
    It is the role of the sales agent of the property to ensure the room is hospitable. However, too much use of room freshener could be a red sign. The freshener or scent could be applied to mask an odor coming from the house. It can be the odor from a leaking pipe, sewage, or mold.

  • Spray Painted Hedges
    As awkward as it may seem, some sellers go the extra mile and spray paint the hedges. Other realtors also buy new grass and place it on the dead front lawn to give a false impression.

    While curb appeal for a new home is essential, the seller or realtor should do it right. The question is if they can take these shortcuts to get you to sign the contract, are there any other shortcuts they are assuming that you might not know about?

Final Words
Our list above includes the warning signs you should always look for when buying property. Now that you have a hint of what to look for, you can buy your property with more confidence. If possible, tag a structural engineer along during the inspection and remember to ask for permits!