A Rolex Cosmograph Daytona watch retails at about ,000 to ,000. It's not a cheap item, obviously. So if you are thinking about buying such a luxury item, it is important that you first think about the implications and obligations that you may face when you get it. See, you can't just go for a purchase and not know whether you are making the best decisions for your current situation. You have to look at the facts first before you address your wants. To help you out, here some considerations you should look into prior to making a Rolex commitment.
1. How do you intend to pay? Rich celebrities and heirs can easily splurge on this kind of merchandise without batting their eyes because their mere existence produces money. However, this is not the case for most people. And with the uncertainties surrounding the economy, it makes little sense to divert all cash hard-earned cash into a small, unprofitable investment. But if you are guaranteed to earn ,600 extra income every month, then you could save it up or use credit cards to pay for the item. Just make sure the coverage is 12 months with zero interest.
2. Are there no other affordable models you'd be interested in? The Oyster Perpetual Air-King is priced at ,590 while the Oyster Perpetual Submariner is just ,243. If you just want the brand then you don't have to stretch your budget to accommodate a Cosmograph Daytona. They all have the same purpose anyway and that is to tell time.
3. How do you intend to use the watch? Will you just sport it during events or actually wear it anywhere, anytime and for any circumstance? A Rolex Cosmograph Daytona may not be the multifunctional, highly sophisticated watch you imagined it to be for its price range. It has excellent time-keeping abilities and is quite durable with its oyster case. But if you want something that is more appropriate for a life of adventure, you might want to switch your preference to the Rolex Oyster Perpetual Sea-Dweller Deepsea or another brand entirely like Der's Chronoswiss Wristmaster.
4. Is there any possible way you could get a discount for the real item? It never hurts to canvass Rolex distributors to find out what their best prizes are. And you can even research on sale dates for these trustworthy shops so that you can slash off a few hundred or thousand dollars from the item's original price. Maybe you could even find a bulk order markdown deal and encourage a friend to share your interests.
5. Are you prepared to handle and possibly spend for upkeep after purchase? With the money you put out to get a Rolex watch, it is only natural to expect that it will last you a lifetime. But that is not always the case. Like with any item, you have to know how to properly care for the watch after obtaining the timepiece. A Cosmograph Daytona's warranty lasts for two years. Once that's lapsed, you have to commit yourself to cleaning, winding, and removing scratches from it as well as buying replacement parts when it is broken.
Showing posts with label Five. Show all posts
Showing posts with label Five. Show all posts
Wednesday, August 29, 2012
Sunday, May 6, 2012
Ubud, Bali, Property Investment: Five Great Reasons Why Ubud Real Estate Will Grow in Value
Bali is one of the worlds' most sought after tourist destinations. Its unique ancient Hindu culture is rich with elaborate religious ceremonies and processions that occur almost daily.
Five Great Reasons for Property Investment in Ubud:
1. Ubud is the art and dance cultural center of Bali. Located in the center of the island-state, this small village is one of Bali's three primary tourist areas. Ubud thrives on a steady, dynamic level of tourism that stimulates a fast growing real estate business climate for both commercial and residential properties. Bali's stable provincial government is democratically elected and encourages an open and welcoming business climate since economic growth adds greater tax revenues that permit new and ongoing development projects. The government's ever increasing investment in infrastructure stimulates even more foreign investment and the implementation of new business standards and regulations underpin long term economic success strategies that point to sustained growth in coming decades. Even during the recent global economic crisis, Indonesia maintained approximately a 6% growth rate. This burgeoning economic giant in the region was little influenced by the downtrend, primarily because the Indonesian financial system doesn't function as a credit-based economy. Most foreign investment in real estate is on a cash basis. Today property values maintain a steadily increasing growth curve and the investment value of property in Ubud continues to augment because of the town's popularity amongst tourists and locals alike.
2. Ubud, a quaint little village of only 8000 people, is a magical place. In 2009 it was rated "Best City in Asia" by readers of the US-based luxury magazine Conde Nast Traveler. Ubud dethroned Bangkok as the best Asian city. Bangkok had held the top spot since the category debuted in 2004. Ubud also beat out several other key travel destinations--Hong Kong, Shanghai and even Tokyo--all major contenders for the prestigious award. Ubud's validation by Conde Nast Traveler as being "The Friendliest Town of All" is just one of many aspects that will most likely boost property and business values in the area for years to come. On a side note for connoisseurs, Cathay Pacific's Inflight Magazine, named the martinis at Naughty Nuri's restaurant in Ubud as being one of the top five best in all Asia.
3. Adding to Ubud's media frenzy buzz, the town was prominently featured in the wildly popular, global best selling book, "Eat, Pray, Love," which remained on the New York Times Best Seller List for a staggering 187 weeks. Oprah Winfrey devoted two full episodes of her show to discuss the book's success, which was soon followed by a Hollywood movie of the same name starring Julia Roberts, who won the 2001 Academy Award for Best Actress. Ubud's recent accolades have intensified global investment interest in the town, which continues to show strongly augmenting revenues in the tourism sector of its economy. Property values and land rental rates for restaurants, shops, residences and hotels continue to skyrocket, which has stimulated even more interest in private real estate investment.
4. Notwithstanding the attraction of Bali's rich ceremonial culture and its lush tropical environment, one contributing factor to the island's dynamic rate of tourism growth is its low cost of travel expense when compared to high-key Western destinations in the States and in Europe or even in the nearby Southeast Asian cities of Singapore and Hong Kong. Indonesia's average per capita income is approximately US per day across much of the country and per capita income for workers in Bali typically is less than five dollars per day. Such low cost greatly reduces construction expense for new projects and the cost for staff once the projects are completed. This factor becomes highly attractive for not only foreign commercial real estate ventures but for private property investment as well. Retirees seeking exotic locales for retirement often place high-value-for-money-spent as a primary investment concern.
5. Living in Ubud has its rewards. Since the town is located in the center of the island at a higher elevation than the over-crowded beach areas further south, the temperature is several degrees cooler. And there's a bit more rain in Ubud, which generally is of short duration, that nurtures the nearby verdant rice terraces--some of the most dramatic on the island. Ubud's rich cultural heritage in art and dance has fostered a vibrant expat community of countless individuals involved in the creative arts, many as working professionals. The magic draw of Ubud has triggered the opening of numerous art galleries, fine dining establishments and five-star hotel accommodations. Many foreign investors seek property investment opportunities in Ubud to capitalize on Bali's lucrative tourist industry by tapping into the luxury holiday rental villa sector.
Ubud's vibrant residential real estate market has spawned some of Bali's most innovative architectural designs, many that incorporate structures rising from infinity-edged reflecting pools. The concept blends unique contemporary design with the traditional Balinese "alang alang" thatched roof. The climate is temperate all year long so glass-enclosed, open-air rooms can invite nature inside in an often striking juxtaposition of elements.
Today's Ubud seems to have captured the most exotic aspects of Bali's rich cultural heritage while it keeps abreast with the future. It surely has captivated the world's attention.
Copyright Glen Allison ALL RIGHTS RESERVED
Five Great Reasons for Property Investment in Ubud:
1. Ubud is the art and dance cultural center of Bali. Located in the center of the island-state, this small village is one of Bali's three primary tourist areas. Ubud thrives on a steady, dynamic level of tourism that stimulates a fast growing real estate business climate for both commercial and residential properties. Bali's stable provincial government is democratically elected and encourages an open and welcoming business climate since economic growth adds greater tax revenues that permit new and ongoing development projects. The government's ever increasing investment in infrastructure stimulates even more foreign investment and the implementation of new business standards and regulations underpin long term economic success strategies that point to sustained growth in coming decades. Even during the recent global economic crisis, Indonesia maintained approximately a 6% growth rate. This burgeoning economic giant in the region was little influenced by the downtrend, primarily because the Indonesian financial system doesn't function as a credit-based economy. Most foreign investment in real estate is on a cash basis. Today property values maintain a steadily increasing growth curve and the investment value of property in Ubud continues to augment because of the town's popularity amongst tourists and locals alike.
2. Ubud, a quaint little village of only 8000 people, is a magical place. In 2009 it was rated "Best City in Asia" by readers of the US-based luxury magazine Conde Nast Traveler. Ubud dethroned Bangkok as the best Asian city. Bangkok had held the top spot since the category debuted in 2004. Ubud also beat out several other key travel destinations--Hong Kong, Shanghai and even Tokyo--all major contenders for the prestigious award. Ubud's validation by Conde Nast Traveler as being "The Friendliest Town of All" is just one of many aspects that will most likely boost property and business values in the area for years to come. On a side note for connoisseurs, Cathay Pacific's Inflight Magazine, named the martinis at Naughty Nuri's restaurant in Ubud as being one of the top five best in all Asia.
3. Adding to Ubud's media frenzy buzz, the town was prominently featured in the wildly popular, global best selling book, "Eat, Pray, Love," which remained on the New York Times Best Seller List for a staggering 187 weeks. Oprah Winfrey devoted two full episodes of her show to discuss the book's success, which was soon followed by a Hollywood movie of the same name starring Julia Roberts, who won the 2001 Academy Award for Best Actress. Ubud's recent accolades have intensified global investment interest in the town, which continues to show strongly augmenting revenues in the tourism sector of its economy. Property values and land rental rates for restaurants, shops, residences and hotels continue to skyrocket, which has stimulated even more interest in private real estate investment.
4. Notwithstanding the attraction of Bali's rich ceremonial culture and its lush tropical environment, one contributing factor to the island's dynamic rate of tourism growth is its low cost of travel expense when compared to high-key Western destinations in the States and in Europe or even in the nearby Southeast Asian cities of Singapore and Hong Kong. Indonesia's average per capita income is approximately US per day across much of the country and per capita income for workers in Bali typically is less than five dollars per day. Such low cost greatly reduces construction expense for new projects and the cost for staff once the projects are completed. This factor becomes highly attractive for not only foreign commercial real estate ventures but for private property investment as well. Retirees seeking exotic locales for retirement often place high-value-for-money-spent as a primary investment concern.
5. Living in Ubud has its rewards. Since the town is located in the center of the island at a higher elevation than the over-crowded beach areas further south, the temperature is several degrees cooler. And there's a bit more rain in Ubud, which generally is of short duration, that nurtures the nearby verdant rice terraces--some of the most dramatic on the island. Ubud's rich cultural heritage in art and dance has fostered a vibrant expat community of countless individuals involved in the creative arts, many as working professionals. The magic draw of Ubud has triggered the opening of numerous art galleries, fine dining establishments and five-star hotel accommodations. Many foreign investors seek property investment opportunities in Ubud to capitalize on Bali's lucrative tourist industry by tapping into the luxury holiday rental villa sector.
Ubud's vibrant residential real estate market has spawned some of Bali's most innovative architectural designs, many that incorporate structures rising from infinity-edged reflecting pools. The concept blends unique contemporary design with the traditional Balinese "alang alang" thatched roof. The climate is temperate all year long so glass-enclosed, open-air rooms can invite nature inside in an often striking juxtaposition of elements.
Today's Ubud seems to have captured the most exotic aspects of Bali's rich cultural heritage while it keeps abreast with the future. It surely has captivated the world's attention.
Copyright Glen Allison ALL RIGHTS RESERVED
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