Apartment for sale in COSTA ANTIGUA, ANTIGUA,Fuerteventura

GoldAcre Estates offers you this great apartment for sale in Costa Antigua, Fuerteventura. This apartment offers exceptional value and has a good rental history. Fully furnished with views to the sea from the bedroom and over the pools and gardens from the lounge and terrace, Costa Antigua is one of the most beautiful village of the Canary Islands, Spain.
If you are interested in buying or renting a property, GoldAcre Estates offers the widest selection of properties in Canary Islands, Spain. Whether you are looking for an apartment for sale in Corralejo or a villa in Parque Holandes, GoldAcre Estates will help you, even to build your home. So if you like the Canary Islands lifestyle, the amazing landscapes of Fuerteventura or Gran Canaria and you have been thinking about buying or renting a property, pay a visit to GoldAcre Estates.
If you need information about our company please contact info@goldacre-estates.com, call 0034 928535044, browse options http://goldacre-estates.com or visit http://buyin-fuerteventura.com

Corralejo apartment in Fuerteventura for sale

A spacious penthouse apartment with a large roof terrace and an enclosed corner terrace enjoying views to Lobos and Lanzarote. This is a 3 bedroom apartment with 2 bathrooms so it is the perfect family home. Property has a lift to all floors and comes with a fitted kitchen. There are also gardens and a huge communal swimming pool. Besides, we offer great price so what are you waiting for ?

For more information on this contact info@goldacre-estates.com, call 0034-928535044 or browse other options at http://www.goldacre-estates.com

Currency Exchange News

Euro: When we left the euro this past Friday it seemed that a temporary fix was in place to the immediate crisis involving Greece’s funding issues. The market is not naïve enough to expect a genuine fix to the extreme finan¬cial burden the economy faces against the backdrop of a pained economy but a short-term resolution means industrious traders can take advantage of the shared currency’s relatively high yield not to mention the heavy-handed government investment. Yet, with the new week comes new doubts. German CDU/CSU floor leader Kauder contradicted the suggestion of a unanimous agreement on a second round Greece bailout. What is far more worrying though was rating agency Fitch’s warning that even a voluntary agreement to accept the bond rollover proposal would constitute a technical default if the terms are worse.

Dollar: The economic docket for the opening trading day of the new week was light for the US dollar; but there aren’t many specific indicators that can meaningfully shift the currency’s bearing anyway. Far more important are the larger fundamental themes and that is exactly what was nudging the greenback Monday. Looking to the Dow Jones FXCM Dollar Index, the currency put in for a modest advance after more progressive declines on the previous Thursday and Friday. The nature of this move is corrective as was the positive performance through the first half of last week following the 2 percent drop that preceded it. What this tells us is the market is not yet ready to get behind the dollar’s recovery whether its counterpart be core currencies which are still ad¬vancing against the dollar, fellow safe havens also still gaining ground on the greenback or commodity bloc members who have weakened recently. There is reason to believe a bigger shift for the dollar is just beginning. If we had to identify the most influential, potential fundamental driver for the dollar for immediate impact as well as durability it would undoubtedly be a shift in US rates. Even the interest in the withdrawal of austerity and a slow return to rate hikes for the US traces back to risk appetite trends. A rise in rates moves the dollar up the yield spectrum, not necessarily putting it amongst the high yield group


General:
• The RBA left rates on hold overnight even though there was a 17 percent probability of a quarter point move priced into overnight index swaps which means someone has come out surprised. The highlight is not in the rate decision itself but rather the statement that follows it. A more neutral tone following the 1Q contraction could hurt the Aussie.

Source:Rook International

Investment opportunities in Canary Islands

Charming Canary Islands: Over a staggering 10 million tourists visit the ‘Canaries’ each year and so to say that the Canary Islands are popular would really do them no justice at all. With 4 national parks and 141 protected nature reserves adding to the inherent beauty of this oceanic paradise, surely the only thing missing is you! With 8 airports or 41 ports that allow easy access to the islands, a relaxed atmosphere that’s clearly enjoyed by its inhabitants awaits.

Canary Islands Property: A number of vastly varying investment properties can be bought amidst the serenity offered in this glorious region, from fully detached private seafront villas to sharply finished apartments within an accommodating residential complex. Whatever is right for you, remember each investment opportunity is likely to be as alluring as the last and with the tranquil ocean views that come free of charge with each, you’re sure to enjoy your prestigious property purchase.

The actual Canary Islands: Gran Canaria, Tenerife, Lanzarote, La Palma, La Gomera, El Hierro, Fuerteventura and La Graciosa are the Canary Islands, seven islands of volcanic origin and various terrains in the Atlantic Ocean, off the north-western coast of Africa. Their name derives from the Latin term Insula Canaria, meaning Island of the Dogs, inspired by an evidently notable population of large fierce dogs, the most striking element for the ancient Romans who named the islands. This Atlantic sun soaked paradise is perfectly tempered by both the cool ocean breeze as well as the ‘trade’ winds that come in from the mountains to create a more than comfortable climate in a region that’s simply breathtaking.

Investment opportunities in Canary Islands: With mortgages generally in place within 15 working days after a notably easy application process that requires minimal financial information, one of Europe’s lowest interest rates is yours to appreciate. Banks in the Canary Islands will finance you a percentage of the overseas property valuation as opposed to the actual selling price which is sometimes higher than the actual purchase price. Usually an investor buying property in the Canary Islands can expect a return somewhere in the region of 15-20% total capital growth.

If you want to buy or rent properties check our website www.goldacre-estates.com

source: DSR

Corralejo Apartment With Views of Lanzarote in Fuerteventura Canary Islands For Sale

Corralejo Apartment With Views of Lanzarote in Fuerteventura Canary Islands For Sale.

This fabulous top floor apartment in Las Caracoles, Corralejo has recently been reduced for sale with http://goldacre-estates.com. The 2 bedroomed 58m2 spacious apartment has views across the new botanical gardens towards the Bocaina Straits and Lobos Island. The internal stairs lead to a large private roof terrace also with panoramic views of the coast and the famous sand dunes. As part of a small private complex there is also a shared communal swimming pool with sheltered sun terraces ideal for the cooler winter months. Being so close to the town centre means the Campinario Shopping Centre is literally a few minutes away aswell as the town beaches and its cosmopolitan shops and restaurants.

At a reduced price of €108,000 this now represents exceptional value as both a residential home or holiday home with strong ROI. For more information on this or other exceptional opportunities contact info@goldacre-estates.com, call 0034-928535044, or browse options at www.goldacre-estates.com.

Tamaragua Exceptional Villa With Pool in Corralejo Fuerteventura

Tamaragua Exceptional Villa With Pool in Corralejo Fuerteventura is now for sale exclusively with http://www.goldacre-estates.com. This 2 bedroom detached bungalow of 85m2 construction over a plot of 250m2 in the village of La Capellania in the Canary Islands represents unbeatable value with 2 spacious bedrooms, the master being 15m2, large lounge with sliding terrace doors leading out to the garden, tiled patios, separate store room and private swimming pool. The property also has a separate fully furnished kitchen, its own car-port and its located in a quiet manzana close to the foothills of the Capellania mountain.

The village of Tamaragua benefits from an on-site commercial area that currently offers a supermarket, restaurant-cafe, and a couple of family pubs plus a corner shop for internet and video hire. The location is 3 km from the main town of Corralejo with its cosmopolitan shops, restaurants and famous beaches along the protected sand dune National Park. The other coastal villages of Majanicho and El Cotilo are a 10 minute drive making La Capellania a perfect central point to explore the North Shore of Fuerteventura.

The villa is offered fully furnished and ready for occupation and is ideal for a family residence or holiday home with strong rental potential. The purchase price offers exceptional value at €120,000 plus local taxes. For more information on this contact info@goldacre-estates.com, call 0034-928535044 or browse other options at http://www.goldacre-estates.com.

Tamarindo Apartment in Fuerteventura Spain

The Oasis Tamarindo apartments are well known to those visitors to Fuerteventura who have stayed in the resorts of Papagayo, Royal, Dunas and the Village, however not all repeat visitors are aware you can actually own a Tamarindo apartment of your own here in Corralejo. The resort grounds are extensive encompassing large open common grounds landscaped with palms, banana and fig trees plus lawned areas which all add to the 'Oasis' feel of the resort. Also on-site are the tennis courts and the beach volley ball court, not forgetting also the huge swimming pools that form the centre piece of the complex surrounded by large open sun terraces. The apartment layout ensures a very low density throughout the resort with each block of apartments only consisting of four apartments - two on ground and two on first floor. Each apartment therefore has its own teraces and there are plenty of garden space between each block offerring privacy. The overall location of the complex means owners are a short walk to the famous National Park of the Dunes - a protected park of over 12 kms that runs along the North East coastline. The cosmopolitan town of Corralejo is also in walking distance where you will find a healthy mix of Spanish restaurants mingling with Italian, British, German, Dutch and other European influenced eateries and bars plus a small range of boutique shops.

While Goldacre Estates have a variety of apartments and positions for sale, recently onto the market is this ground floor apartment which has two terraces, one facing South looking out onto landscaped gardens and the other is a covered patio ideal for al-fresco dinning. As a ground floor unit the surounding land forms part of the individual ownership in this case of approx 130m2. With a fully equipped galley style kitchen, generous bathroom, large double bedroom and a lounge that opens out on to the sunterrace this apartment is an ideal holiday home and suitable for short term holiday letting. In fact with the longest rental season in Europe Fuerteventura offers the strongest return on investment (ROI) with 52 potential weeks available due to the year round warm weather.

Priced at €75,000 this apartment now represents even stronger ROI due to the low price. For more information about this apartment or to discuss how you can finance a holiday home in the Canary Islands call 0034-928535044 or contact http://www.goldacre-estates.com info@goldacre-estates.com.

Sterling Rise For Euro Property

STRONGER THAN EXPECTED GDP HELPS STERLING AGAINST EURO
Britain's economy grew by 0.8% in Q3, postponing or even cancelling the need for more QE. Euro buyers run out of enthusiasm.
Sterling went up by three cents over the seven days. It was almost a one-way street with two thirds of the gains coming at a rush on Tuesday.

The week began with investors in a mood almost of sympathy towards sterling. On Monday they allowed the British Bankers Association to announce the lowest number of approvals in 18 months and the slowest growth in ten years and for mortgage lending. The bears refused to bite. The following morning they even wanted to buy sterling as London opened. It appeared that they were second-guessing the figures for Britain's gross domestic product (GDP) in the third quarter of the year (Q3), speculating that GDP would have expanded more than the 0.4% predicted by analysts.

And they were correct to do so; GDP grew by a provisional 0.8% in Q3. The figure was at the very top end of expectations and even the most dyed-in-the-wool pessimists had to admit it was a good one. Sterling headed upwards against everything; it did it no harm that earlier in the day ratings agency Standard & Poor's had confirmed that Britain's AAA credit rating was no longer in doubt, it was "stable". Ratings don't come better than that.

For the rest of the week the GDP figure kept the bears at bay. It allowed sterling to avoid the potentially ill effects of a 0.7% fall in Nationwide's house price index, a fall in the CBI's retail sales index and a lacklustre Bank of England total for mortgage approvals in September. A small -0.1% fall in Hometrack's house price index late on Sunday night did no damage either, even though a spokesman said that " further price falls are inevitable".

The euro should have got off to a good start last Monday when Standard & Poor's said that "Germany is recovering brilliantly". S&P's take on the Euroland outlook was that Germany's situation will require the European Central Bank to raise euro interest rates even as Ireland and southern Europe remain stuck in recession. But just as investors were not inclined to punish the pound, nor were they ready to praise the euro. With the US dollar on the ropes and nowhere else to go they could not easily abandon the euro even if they wanted to. And they didn't particularly want to, it was more a matter of running out of enthusiasm for buying it.

There was no particularly bad economic news from Euroland and Spain but there was not much on the positive side either. Industrial orders were up by a a healthy 5.3% in August but consumer confidence in Germany was static. German inflation and unemployment were both steady at 1.3% and 7.5% respectively. Brussels' measures of economic confidence was higher, industrial confidence was lower and consumer confidence was steady. Euroland inflation inched up from 1.8% to 1.9% and German retail sales fell by a disappointing -2.3%.

For the pound the biggest deal this week will be Thursday's Monetary Policy Committee. The MPC is unlikely to make any change to interest rates but it the subject of quantitative easing will inevitably crop up. After last week's stronger than expected GDP figure most analysts expect the MPC to hold its fire on the matter of renewed quantitative easing. However, a "no" vote on Thursday does not guarantee it will not be proposed at future meetings. QE cannot be dismissed as yet. Buyers of the euro should continue to hedge half their requirement.

For more information on Exchange Rates or Euro Properties for sale visit http://www.goldacre-estates.com or contact info@goldacre-estates.com, 0034-928535044

Duplex 2 bedroom Avenida Grandes Playas Corralejo

Avenida Grandes Playas has always been popular for those wanting property close to the famous beaches in Corralejo, Fuerteventura. With its one way system, safe pedestrian crossings, separate cycling path and palm lined walkways it offers numerous access points to the white sandy beach that leads out Eastwards towards the five star Bahia Real Hotel (Kempinski) and Playa de Banderas (Flag Beach).

This 2 bedroomed duplex villa is ideally placed alnong the Avenida just past the Blue Bay Hotel in walking distance to the town bars, restaurants and shops in one direction and in the other the beaches and reefs looking out to Lobos Island. The position is second line to the beaches offerring good protection from the wind yet still providing views of the sea, harbour and Lanzarote. The property is accessed from the Avenida by a small garden gate leading directly to private heated jacuzzi pool and sun-terraces.

Looking out over the pool is the covered patio enclosed with tinted sliding glass doors which offer ample protection in winter and welcome cool ventilation in the Summer. This enclosed terrace is ideal as the dinning room giving the main lounge and TV room additional space. The separate kitchen is well designed and fully equipped with a window out to the back sun terrace. The back door leads out to a tiled garden terrace facing South giving private protected sunbathing for the winter months.

Upstairs the master bedroom faces North keeping it cool and opens out onto a terrace with panoramic views of Corralejo and the sea. To the South is the second bedroom with balconey. The bathroom is ideally located between the two bedrooms and is tastfully decorated.

The property is well presented and very well maintained and would be a comfortable town house for living throughout the year. With the addition of the heated pool and its favoured position it would also make an ideal holiday rental with strong ROI.

This property is available for accompanied viewings and has been competatively priced at €245,000. For more information and to arrange a viewing please contact info@gol;dacre-estates.com or call 0034-928535044, http://www.goldacre-estates.com

Grandes Playas Frontline Property for Sale in Fuerteventura

Exceptional Opportunity Luxury Villas, Frontline to the Ocean Grandes Playas, Corralejo.

Beachfront villa finished and furnished to a very high standard of quality with stunning views around the whole of Corralejo bay. Properties are rarely available for purchase on the “frontline” and we are privileged to be able to present two adjoining executive villas of stunning quality.

The first villa comprises 3 bedrooms and the second is 5 bedrooms with 2 bathrooms (master has en-suite with oversized jacuzzi bath plus a dressing room) lounge, kitchen, all fully furnished, roof terrace, sauna, wooden-beam ceilings, fully air conditioned, large sun terrace with views and bar-b-q, garage for 2 cars and heated swimming pool.

A rare opportunity on the frontline available at a reduced starting price of 550,000 euros.

For more information contact info@goldacre-estates.com, call 0034-928535044 or visit http://www.goldacre-estates.com/

Villaverde Villa Fuerteventura Spain Now For Sale

This spacious home set in the tranquil village of Villaverde, Fuerteventura, Canary Islands has recently come onto the market for sale. With a construction area of nearly 200m2 the four bedrooms are large and well distributed and the lounge and separate fully equipped kitchen likewise offer plenty of space leading out to the garden and a plot size of over 1,500m2. Adjoining the villa is a secured garage with additional covered parking area designed to be used also for entertaining with additional covered outdoor cooking facilities. Constructed to a high standard this two storey villa features tiled roofing and covered dinning terraces and upstairs balcony with panoramic views of the countryside. The location within the village is ideal with a local well stocked supermarket just a stroll away as are the well known restaurants of ‘El Horno’, ‘Casa Marcos’ and ‘El Rancho’. The rural hotel ‘Mahon’ and the newer hotel ‘Hotel Viejo’ are also in walking distance and always an interesting alternative to the better known restaurants. Villaverde also has a number of coffee shops and a local bakery plus its own cheese producers famous in Europe for goats cheese. The numerous country lanes and off road tracks are ideal for exploring the area by bicycle or walking and the nearby municipal capital La Oliva also has an indoor heated pool and concert auditorium. At a Sale Price of €421,000 this villa has been competitively priced to sell and is recommended viewing to all those searching for their ideal home in Fuerteventura, Spain. For viewing appointments contact Goldacre Estates on 0034-928535044 or email info@goldacre-estates.com

Spanish & Canary Island Property Sales up on 2009

Spanish Property Sales are up on 2009 according to latest statistics. The media love to kick you when you’re down and Spain has received a particularly savage beating at the hands of the press over the past few years. It has not a bed of roses in the UK market either but at least British agents could console themselves that it could have been a whole lot worse – they could have been selling Spanish holiday homes in a rapidly falling and over-supplied market. However, new data published this week may cause a few UK agents to look south with envy and not just because of the sunny weather.Although, according to the TINSA index the rate of price falls in Spain is increasing (5% in September compared to 4.6% in August and 4% in July), property sales are up 26% year-on-year (although sales are down 45% on 2007) accordingly to the Spanish National Institute of Statistics (INE). Now Spanish house price statistics are hardly known for their robustness (in absolute terms) but they are usually fairly reliable when it comes to spotting trends. The best explanation for the figures is that Spanish vendors are finally beginning to realise that they have to accept lower prices. The stand off between buyers and sellers could be coming to an end and that only means one thing: higher transaction volumes and more agent commission. Contrast this with the situation in the UK where actuall prices achieved are falling sharply but asking prices are rising. I am not saying the Spanish property market is in a healthier state that of Spain long term; but I know which market I know which market I would rather be working in right now and its not the one where sellers have become deluded and out of touch with reality.
For the latest Fuerteventura property price reductions visit http://www.goldacre-estates.com/ or contact info@goldacre-estates.com or call 0034-928535044.

Stunning Views in Fuerteventura, Canary Islands

Perfectly positioned 1st floor apartment with panoramic views of one of Fuerteventura’s most amazing beaches and the Atlantic Ocean. Located in the Beautiful town of Costa Calma, that offers all required Amenities. This Spanish property is a fabulous size, ideal for a breathtaking holiday home or solid rental return on investment. With truly awe inspiring views it would be hard to leave. A short walk to the beach and the town center, to enjoy the Spanish lifestyle and the Spanish culture. With vast amount’s of living room and dinning space it becomes deceptive how spacious this apartment is. The private and large terrace area makes the perfect location to enjoy these uninterrupted views. At the price of 115000 € this is an opportunity not to be missed.

For more information please visit us at GoldAcre Estates. Or visit our website

http://www.goldacre-estates.com/english/pages/propertydetail.asp?PropertyID=179083594

Fantastic Villaverde property For sale in Fuerteventura, Canary Islands

This Beautiful Villa situated in the heart of one of Fuerteventura’s oldest towns Villaverde keeps its traditional charm inside and out. Situated in the North of the Island it is close to Corralejo, El Cotillo and the beaches of La Oliva municipality.

It is a fantastic size with a tremendous amount outside space from the front with a private enclosed driveway and to the back with its incredibly private pool and garden area. Positioned in a cul de sac makes it the perfect setting for relaxation and tranquility. 3 bedroom 2 bathrooms single floor villa give’s the property more than enough room to accommodate a couple or a large family, in addition to the inside space there is another small property at the bottom of the garden with one bedroom fully fitted kitchen and living room with its own bathroom.

The swimming pool is a really good size with its own Jacuzzi to one end of the pool, and a lovely water feature at the other, surrounded by mature trees and local plants making it a lush tropical oasis.

Fuerteventura Canary Islands Flights up 50% Over Winter Season

Winter flights to Fuerteventura in the Canary Islands are expected to soar following release of slot reservation numbers that show a 50% increase over 2009 figures. Visitor numbers so far to the Island have been higher following increased routes and new market growth – August saw 194 International flights this year up by 57 flights and many hotels have experienced 80-100% occupancy levels.

Fuerteventura Tourism Board headed by Agueda Montelongo has been working to improve the exposure of the Island to new markets such as France, Poland and Scandinavia and at the same time increase connectivity to traditional markets. Encouragingly these traditional markets are to see the biggest increases with the UK set to increase by 52%, Germany 29%, and Ireland a huge 756%! Emerging markets will also improve with France 59%, Holland 90% and Scandinavia 55%.

The new figures also show a particular bias to Fuerteventura compared to other Canary Islands, re-establishing it as the fastest growing Island. General forecasts for the Canary Islands show a 31% rise with Fuerteventura 50% and although flights from mainland Spain look to fall by 2% across the archipelago, Fuerteventura is looking at a 13% increase.

Agueda Montelongo also mentioned the increase in Cruise ships for this winter with an additional 12 berths between September and April starting with the Aidablu which arrived yesterday to Puerto Rosario. Although these visitors only spend a day on the Island they are still important to the promotion of the Island in general and the impressions they leave with are crucial to Fuerteventuras image.

Much of the increase in traffic is down to the return of Ryanair especially for the Irish markets however with the investment to lengthen the runway, build a second terminal and other projects like the Northern motorway, other major carriers have also seen the potential of Fuerteventura. Monarch, Easyjet, Air Lingus have been busy this year and their continued commitment lends stability to the growth figures.

Of course the forecasts will be good news to many businesses across the Islands and in particular to those second home property owners who not only will be able to visit more frequently but will also benefit from additional rental bookings. Short term rental figures have also increased this year with many owners experiencing 40 weeks occupation making their return on investment very high. The improved winter season flights also establish Fuerteventura as the fastest growing winter sun destination in Europe.

For more information on Fuerteventura, Gran Canaria and Greece Head to the 'more' section of our website www.goldacre-estates.com

Currency Exchange Brokers For Fuerteventura, Canary Islands & Spain

When buying or selling property in Fuerteventura, Canary Islands Spain, Currency Exchange is an important Part of the Process. Heres why from Moneycorp:

What is the difference between a high street bank and a foreign exchange broker?

When sending money to the Canary Islands most people use their high street bank. However, people are increasingly using foreign exchange specialists to make their international money transfers. So, what’s the difference?
Timing and guidance. Never underestimate the value of a good exchange rate.

Currency markets are constantly fluctuating and making your transaction at the right time can make a big difference to the amount of money you end up with.

For example, if you needed €20,000 in your Spanish bank account, transferring your pounds on the dates specified below would have cost you:

- 20 July 2010: £16985
- 20 Aug 2010: £16563

That’s a difference of £423 just one month!

A foreign exchange specialist will offer free information and guidance on the currency markets, helping you decide on the best time to buy. A forward contract is just one of the services a currency broker can provide. You book to buy or sell your currency in the future, at a rate you fix today. Forward contracts can help protect against adverse currency movements and can be used to lock into favourable exchange rates.

Staff at your high street bank have neither the expertise nor the breadth of market knowledge necessary to monitor the currency markets on your behalf. When sending money to Fuerteventura through your bank, you will have to accept the exchange rate on the day of transfer.

Plus, foreign exchange specialists offer more competitive exchange rates, as well as low transfer fees.

Below is another example of savings that you could have made by transferring pounds in bulk with Moneycorp rather than your high street bank.
Buying €20,000 with sterling:

Lloyds TSB
Natwest
MONEYCORP
Exchange rate
1.1463
1.1485
1.1724
Sterling cost
£17,447
£17,414
£17,059
Transfer fee
£35
£40
£15
Total
£17,482
£17,454
£17,074
Additional cost using a bank
£408
£380
-

Based on an exchange rate comparison on 19 May 2010 between Lloyds TSB, Natwest and Moneycorp.

Moneycorp charges a set transfer fee of £15 for a one-off transfer, irrespective of the amount. Transfer fees charged by the banks typically range from £20 to £40.
No matter the amount of your transfer or your needs savings can still be made in movement of money in any direction.

Using a currency specialist – The main benefits:
· Highly competitive exchange rates
· Easy account opening with no cost
· No commission charges
· Fast transfers, low fees
· Ability to fix exchange rates for a set time period, helping protect from adverse currency movements
· Expert guidance from your own dedicated Account Manager

Trust Moneycorp to take care of all your money transfers to and from Spain; however small or large. Their experts make the process quick, easy and highly cost-effective.

Contact Moneycorp in the Costa del Sol on +34 951 319 700 or, email costadelsol@moneycorp.com
Please mention Goldacre Estates when calling Moneycorp or contact them directly on +34 928535044, info@goldacre-estates.com

Tourism Influx For Fuerteventura 2010

Tourism Influx For Fuerteventura 2010

The tourism councilor of Fuerteventura, Agueda Montelongo states that July was the ‘second best month the island has experienced since 2003’. This is a fantastic achievement and shows further signs of recovery, mainly due to the increase in winter flights to the island, reinforcing furthermore Fuerteventura as the ideal all year round holiday destination, or a home from home in the beautiful Canary Islands.

Fuerteventura has never been easier to reach thanks to the increased number of flights to the island, getting on a plane is so easy and simple with local investment in infrastructure doubling the size of the airport. The amount of Irish holiday makers coming to the island is up by a staggering 200% a remarkable increase due mainly to the return of Ryanair flying from Dublin. Whilst Britons up by 44% and Germans by 33%. A really fantastic sign for Fuerteventura and the Canary islands.

However the biggest surprise was among the Slovakians, who we have seen a 315% increase coming to the island. An astonishing figure and furthermore, shows the growing popularity of our unique and beautiful island to new and emerging markets.

These figure show us that since January tourism overall in fuerteventura has increased by 14% this equates to an extra 100,000 visitors. Agueda has stated that Ryanair provides the island with 12% of international flights.

These figures really put emphasis on just how diverse and special Fuerteventura is. The island really does offer something for everyone for all ages and all interests. Our lovely all year round warm climate really does make us thankful for what we have. Due to the accessibility and increase flights to the island we hope to see these figures keep on rising, allowing everyone to enjoy the wonders Fuerteventura has to offer. For more information on the Island, how to get there, where to stay and properties to rent or own follow the link or call Goldacre Estates on 0034-928535044 http://www.goldacre-estates.com/.

Currency Exchange Latest for Euro - Sterling In Canary Islands

Exchange Latest for Euro - Sterling In Canary Islands
Heres the latest from Halo International on what the exchange rates are doing for those clients looking to buy Euro based property in Fuerteventura.

OK hands up who believes Naomi Campbell? Who believes Mia Farrow? Who believes Naomi Campbell’s former agent, Carole White? Nobody! Neither do I. So if we don’t believe any of them, what is the truth behind these conflict diamonds and does it really have any bearing in the fact that Charles Taylor was a gangster and a despot? I think not.

Last night’s eagerly awaited US Federal Reserve interest rate announcement went according to the script; the Open Market Committee left their base rate at virtually zero percent and confirmed that it would be reinvesting funds that came back from its previous quantitative easing into Treasury bills to keep the cash in the financial markets. They are worried about the lack of robustness in the recovery; in Fed-speak that is said as, the recovery is “more modest” than anticipated; consequently, they are seeking to keep fiscal policy as loose as possible to stimulate as much growth as they can. They are right to be nervous judging by the data we received before their meeting yesterday; US inventories shrank, productivity slowed and small business sentiment declined. However, they decided that $2.045 trillion of financial support for the markets was enough to do the job. Let’s hope they are right. It would sort my finances out I think although it might leave a couple of the credit cards unpaid but I digress. The US Dollar was a tad stronger ahead of the announcement but it eased a bit afterwards.

That money flowing from the USD is finding its way into the Pound and Euro and the nervousness in the US plus the evident slowdown in China is causing a flow of funds away from the Australian and New Zealand Dollars which both weakened overnight.
In the UK, after yesterday’s slightly more positive news that the trade deficit narrowed, today we await the Bank of England’s quarterly inflation report. As you know, the BOE left its base interest rate on hold last week and we don’t get the minutes to that meeting until next week, so this is seen as a change to gauge the mood of the Monetary Policy Committee. We know that Andrew Sentence has started voting for interest rate hikes in order to stave off increasing inflation and the rest of the committee will be nervous of the effects of the VAT rise due in January and warnings of rising energy costs. We will see what they think about growth as well. Forecasts for UK growth have been downgraded by all manner of commentators and institutions, so the BOE’s take on that will be interesting to watch. Sterling, which has had a strong showing in the last 24 hours in spite of a third consecutive decline in consumer sentiment (according to the Nationwide index), looks set to have a busy morning with unemployment and average earnings data coming before the BOE report. We expect a small scale fall in the numbers out of work but a sharper decline in wage price inflation which oddly enough is probably a good thing when the BOE is battling inflation without robust growth.

By way of contrast to the Nationwide report, Australian consumer sentiment hit a 7 month high this month as the halt in interest rate hikes had a positive effect on the punters on the high streets. However, events in China are weighing on the Australian Dollar; that combined with a surprisingly bad profit report from the Commonwealth Bank and the nervousness in the US have caused investors to reassess their riskier trades. The carry trade which involves interest rate differentials and currency exposure is less attractive in this environment and that is causing some sales of NZ Dollars and Aussie Dollars with those funds finding their way back into the safer havens of the Pound, US Dollar and Japanese Yen.

So have a good day everyone. We are expecting it to be a corker for currency traders due to the vast array of data and news releases we are awaiting. You’ll find most traders are only really looking forward to the long cool beer at the end of the day. Or maybe that's just me.

Ryanair Flights to Fuerteventura Canary Islands Discounted

Ryanair have launched its latest promotion offerring up to 40% off flights to destinations such as Fuerteventura in September and October. Bookings made for these flights will also include all charges and taxes plus passengers using MasterCard Prepaid will not pay for administration charges and they can take hand luggage included in the advertised price. Head of communications Stephen McNamara was quoted "Only Ryanair sells Europe's lowest fares with a no fuel surcharge guarantee. In addition to our lowest fares we also deliver Europe's number one on-time performance accross 1,100 routes." Four new routes were also announced from Leeds Bradford Airport including Fuerteventura. Ryanair specialise in cheap flights to Europe with regular services to Spain and the Canary Islands. To check for flights to Fuerteventura visit the transport links section of http://www.goldacre-estates.com/.

Canary Islands ZEC Registration is Running Out

Canary Islands ZEC registration is running out. Tax benefits for European Companies wanting to be based in the Canary Islands Spain

John Goldacre Managing Director of GoldAcre Estates who have their head office based in Fuerteventura in the Canary Islands, Spain, stated that some European companies are potential loosing out on the ability to reduce their corporate tax payments by not taking up the opportunity to form Tax entities in the Canary Islands which consists of the 7 Islands of Fuerteventura, Tenerife, Gran Canaria, Lanzarote, La Palma, La Gomera and El Hierro .

These places offer some serious advantages over operating companies from mainland Spain and other European countries and it is surprising that more tax advisors and accountants have not advised their clients of these unique opportunities

Office and Real Estate costs in the Canary Islands offer excellent prices for accommodating the offices and private homes and the links to mainland Europe are well served by major European Airlines with daily services to Madrid and other Spanish mainland airports, Many airports throughout Germany, all major and regional airports throughout the United Kingdom, Ireland, France, Sweden, Holland, Poland, Russia and many more
What is the Canary Islands Special Zone?

The Canary Islands Special Zone is a low tax zone created within the framework of the Canary Islands Economic and Fiscal Regime (REF) for the purpose of promoting the economic and social development of the Islands and diversifying their production structure.
The Canary Islands Special Zone was authorised by the European Commission in January 2000 and extended in December 2006. The Spanish Government subsequently adapted the regulations concerning the ZEC contained in the Canary Islands Economic and Fiscal Regime, in accordance with the terms of the corresponding authorisations (Title V of Law 19/1994, as amended by Royal Decree-Law 12/2006 and implemented by Royal Decree-Law 1758/2007).
The benefits provided by the Canary Islands Special Zone will initially remain in force until 31 December 2019, and this time frame may be extended on the authorisation of the European Commission. The final date for authorisation to register in the Official ZEC Register (ROEZEC) will initially be 31 December 2013.
Where can ZEC Entities be set up?

The ZEC covers the whole territory of the Canary Islands, with the following specifications:
Entities whose corporate purpose is the undertaking of service activities may set up anywhere within the territory of the Canary Islands.
Entities whose corporate purpose is the production, transformation, handling or commercialisation of goods may only set up within certain areas designated for these purposes.
These areas are located throughout the Islands as follows
» Gran Canaria: 150 hectares in 5 separated zones
· Puerto de La Luz (Las Palmas port) - Las Palmas de Gran Canaria Conurbation - Arucas
· Arinaga - Bahía de Formas
· Area of the Telde Industrial Zone
· Area extending around the airport - Las Majoreras
· Northeast Zone
» Tenerife: 150 hectares in 5 separated zones
· Metropolitan Area
· Region of Valle de Güimar
· Region of Valle de la Orotava
· Port area of Santa Cruz de Tenerife
· Area extending around the Airport - Granadilla Industrial Estate - Arico Environmental Complex
» La Palma: 50 hectares in 2 separated zones
· West Industrial Area
· East Industrial Area
» Fuerteventura: 25 hectares
· Port of Puerto del Rosario - Fuerteventura airport - Former airport facility of Los Estancos - Llano de la Casita (in El Matorral) and Casa de Pancho Sanabria
» Lanzarote: 25 hectares
· Los Mármoles port and industrial area - Altavista East - Logistics Zone
» El Hierro: 25 hectares
· El Majano Industrial Estate - Meseta de Nisdafe – Plots next to the zone of Tiñor
» La Gomera: 25 hectares
· San Sebastián de La Gomera Industrial Area

Corporate Income Tax
ZEC entities are subject to the Corporate Income Tax in force in Spain, at a reduced rate of 4%. As of 2008, the Corporate Income Tax rate in Spain ranges from 25 to 30%. The special rate of 4% shall be applied to a maximum amount of the tax base, depending on the number of jobs created and the type of activity carried out by the ZEC Entity.
Net Employment Creation
Industrial Activities
Service Activities
Other services *
From 3 to 8 workers
€1,800,000
€1,500,000
€1,125,000
More than 8 and up to 12 workers
€2,400,000
€2,000,000
€1,500,000
More than 12 and up to 20 workers
€3,600,000
€3,000,000
€2,250,000
More than 20 and up to 50 workers
€9,200,000
€8,000,000
€6,000,000
More than 50 and up to 100 workers
€21,600,000
€18,000,000
€13,500,000
More than 100 workers
€120,000,000
€100,000,000
€75,000,000
*“Other Services” are considered to be: wholesale trade and commission trade (except of motor vehicles and motorcycles); activities of travel agencies and tour operators; other tourist assistance activities; computer and related activities; legal, accounting and book-keeping activities; tax consultancy; market research and public opinion polling; business and management consultancy; management activities of holding companies; and advertising and public relations services.
Registration in the oficial ZEC register, ROEZEC


AUTHORIZATION PROCEDURE
Investors wishing to set up in the ZEC are required to obtain the authorisation of the Consortium Board in order to become a ZEC Entity. The procedure for obtaining authorisation is instigated by the interested party on presentation of the following documents at the offices of the Consortium:
Application for autorisation to constitute a ZEC Entity and manual for compiling the report
Receipt for having made a deposit, or a guarantee, for the amount of the fee for registering in the Official ZEC Register (ROEZEC). The Consortium Board is responsible for processing and deciding on applications to become ZEC Entities. Successful authorisations will be notified within two months of the date of presentation of the application.

Once authorisation has been granted by the Consortium Board, the entity will be entitled to register in the ROEZEC on presentation of the following documents:
Application for registration in the ROEZEC
Taxpayer Identification Number (CIF)
Documentation certifying the legal constitution of the entity presented at the Mercantile Register, accompanied by a notary copy stamped “copia simple”.
Constituting a ZEC Entity

In order to register an entity in the ROEZEC, the new company must be legally incorporated and registered in the Mercantile Register. The future ZEC Entity must be a newly-created legal entity, which means it must assume one of the legal forms of corporation and be constituted in accordance with Spanish legislation.

The most common legal forms of corporation in Spain are:
Sociedad Anónima, SA. (Joint-Stock Company): a trading company in which the capital, which is divided into shares, is made up of funds provided by the shareholders, who are not personally liable for company debts. The minimum capital is 10,000,000 ptas. (approx. €60,101). These types of companies are constituted by public deed and must be registered in the Mercantile Register. They are governed by the revised text of the Law on Joint-Stock Companies (SA), ratified by Royal Legislative Decree 1564/1989.
• Sociedad Limitada, SL. (Limited Liability Company): a trading company in which the capital, which is divided into shareholding stakes known as participations, is made up of funds provided by all the participation holders, who are not personally liable for company debts. The minimum capital is 500,000 ptas. (approx. €3,005) and there is no upper limit to the capital. Limited Liability Companies (SL) are constituted by public deed and must be registered in the Mercantile Register. They are governed by Law 2/1995 on Limited Liability Companies.
The general procedures for setting up a company in the Canary Islands are:
1. Drawing up of the Articles of Association, which must be set down in a public deed certified by a notary.
2. Obtaining a provisional Taxpayer Identification Number card from the Spanish State Tax Authority and registering as a taxpayer.
3. Registering the public deed of constitution in the Mercantile Register.

FEES PAYABLE BY ZEC ENTITIES
ZEC Entities are required to pay the following fees:
1. Fee for registration in the ROEZEC
2. Annual fee for remaining on the ROEZEC


DETAILED LIST OF ACTIVITIES (NACE)
PRODUCTION, TRANSFORMATION AND HANDLING ACTIVITIES AND WHOLESALE DISTRIBUTION OF GOODS:
FISHING. NACE B.
1. Fishing (05.01)
2. Fish farming (05.02)
MANUFACTURE OF FOOD PRODUCTS, BEVERAGES AND TOBACCO. NACE DA.
1. Production, processing and preserving of meat and meat products (15.1)
• Production and preserving of meat (15.11)
• Production and preserving of poultrymeat (15.12)
• Production of meat and poultrymeat products (15.13)
2. Processing and preserving of fish and fish products (15.2)
3. Processing and preserving of fruit and vegetables (15.3)
• Processing and preserving of potatoes (15.31)
• Manufacture of fruit and vegetable juice (15.32)
• Processing and preserving of fruit and vegetables n.e.c. (15.33)
4. Manufacture of vegetable and animal oils and fats (15.4)
• Manufacture of crude oils and fats (15.41)
• Manufacture of refined oils and fats (15.42)
• Manufacture of margarine and similar edible fats (15.43)
5. Manufacture of dairy products (15.5)
• Operation of dairies and cheese making (15.51)
• Manufacture of ice cream (15.52)
6. Manufacture of grain mill products, starches and starch products (15.6)
• Manufacture of grain mill products (15.61)
• Manufacture of starches and starch products (15.62)
7. Manufacture of prepared animal feeds (15.7)
• Manufacture of prepared feeds for farm animals (15.71)
• Manufacture of prepared pet foods (15.72)
8. Manufacture of other food products (15.8)
• Manufacture of bread; manufacture of fresh pastry goods and cakes (15.81)
• Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes (15.82)
• Manufacture of sugar (15.83)
• Manufacture of cocoa; chocolate and sugar confectionery (15.84)
• Manufacture of macaroni, noodles, couscous and similar farinaceous products (15.85)
• Processing of tea and coffee (15.86)
• Manufacture of condiments and seasonings (15.87)
• Manufacture of homogenized food preparations and dietetic food (15.88)
Information Bulletin
2
• Manufacture of other food products n.e.c. (15.89)
9. Manufacture of beverages (15.9)
• Manufacture of distilled potable alcoholic beverages (15.91)
• Production of ethyl alcohol from fermented materials (15.92)
• Manufacture of wines (15.93)
• Manufacture of cider and other fruit wines (15.94)
• Manufacture of other non-distilled fermented beverages (15.95)
• Manufacture of beer (15.96)
• Manufacture of malt (15.97)
• Production of mineral waters and soft drinks (15.98)
10. Manufacture of tobacco products (16.0)
MANUFACTURE OF MADE-UP TEXTILE ARTICLES AND ARTICLES OF FUR.
NACE 17.4, 17.5, 17.6, 17 and 18.
1. Manufacture of made-up textile articles, except apparel (17.4)
2. Manufacture of other textiles (17.5)
• Manufacture of carpets and rugs (17.51)
• Manufacture of cordage, rope, twine and netting (17.52)
• Manufacture of non-wovens and articles made from non-wovens, except apparel (17.53)
• Manufacture of other textiles n.e.c. (17.54)
3. Manufacture of knitted and crocheted fabrics (17.6)
4. Manufacture of knitted and crocheted articles (17.7)
• Manufacture of knitted and crocheted hosiery (17.71)
• Manufacture of knitted and crocheted pullovers, cardigans and similar articles (17.72)
5. Manufacture of wearing apparel; dressing and dyeing of fur (18)
• Manufacture of leather clothes (18.1)
• Manufacture of other wearing apparel and accessories (18.2)
• Manufacture of workwear (18.21)
• Manufacture of other outerwear (18.22)
• Manufacture of underwear (18.23)
• Manufacture of other wearing apparel and accessories n.e.c. (18.24)
• Dressing and dyeing of fur; manufacture of articles of fur (18.3)
MANUFACTURE OF LEATHER AND LEATHER PRODUCTS. NACE DC.
1. Tanning and dressing of leather (19.1)
2. Manufacture of luggage, handbags and the like, saddlery and harnesses (19.2)
3. Manufacture of footwear (19.3)
MANUFACTURE OF PULP, PAPER AND PAPER PRODUCTS; PUBLISHING AND PRINTING. NACE DE.
1. Manufacture of pulp, paper and paper products (21)
• Manufacture of pulp (21.11)
• Manufacture of paper and paperboard (21.12)
• Manufacture of corrugated paper and paperboard and of containers of paper and paperboard (21.21)
• Manufacture of household and sanitary goods and of toilet requisites (21.22)
• Manufacture of paper stationery (21.23)
• Manufacture of wallpaper (21.24)
• Manufacture of other articles of paper and paperboard n.e.c. (21.25)
2. Publishing (22.1)
• Publishing of books (22.11)
• Publishing of newspapers (22.12)
• Publishing of journals and periodicals (22.13)
• Publishing of sound recordings (22.14)
• Other publishing (22.15)
3. Printing and service activities related to printing (22.2)
• Printing of newspapers (22.21)
• Printing n.e.c. (22.22)
• Bookbinding (22.23)
• Pre-press activities (22.24)
• Ancillary activities related to printing (22.25)
4. Reproduction of recorded media (22.3)
• Reproduction of sound recording (22.31)
• Reproduction of video recording (22.32)
• Reproduction of computer media (22.33)
MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS. NACE 24.
1. Manufacture of basic chemicals (24.1)
• Manufacture of industrial gases (24.11)
• Manufacture of dyes and pigments (24.12)
• Manufacture of other inorganic basic chemicals (24.13)
Detailed List of Activities

• Manufacture of other organic basic chemicals (24.14)
• Manufacture of fertilizers and nitrogen compounds (24.15)
• Manufacture of plastics in primary forms (24.16)
• Manufacture of synthetic rubber in primary forms (24.17)
2. Manufacture of pesticides and other agro-chemical products (24.2)
3. Manufacture of paints, varnishes and similar coatings, printing ink and mastics (24.3)
4. Manufacture of pharmaceuticals, medicinal chemicals and botanical products (24.4)
• Manufacture of basic pharmaceutical products (24.41)
• Manufacture of pharmaceutical preparations (24.42)
5. Manufacture of soap and detergents, cleaning and polishing preparations (24.51)
6. Manufacture of perfumes and toilet preparations (24.52)
7. Manufacture of other chemical products (24.6)
• Manufacture of explosives (24.61)
• Manufacture of glues and gelatines (24.62)
• Manufacture of essential oils (24.63)
• Manufacture of photographic chemical material (24.64)
• Manufacture of prepared unrecorded media (24.65)
• Manufacture of other chemical products n.e.c. (24.66)
8. Manufacture of man-made fibres (24.7)
PREFABRICATED BUILDING PRODUCTS. NACE 20.2, 20.3, 24.3, 25.2, 26.1, 26.2, 26.3, 26.4, 26.7, 28.1, 28.12, 28.2, 28.63, 28.7, 36.1, 45.25, 45.3 and 45.4.
1. Manufacture of veneer sheets; manufacture of plywood, laminboard, particle board, fibre board and other panels and boards (20.2)
2. Manufacture of builders’ carpentry and joinery (20.3)
3. Manufacture of paints, varnishes and similar coatings, printing ink and mastics (24.3)
4. Manufacture of plastic products (25.2)
• Manufacture of plastic plates, sheets, tubes and profiles (25.21)
• Manufacture of plastic packing goods (25.22)
• Manufacture of builders’ ware of plastic (25.23)
• Manufacture of other plastic products (25.24)
5. Manufacture of glass and glass products (26.1)
• Manufacture of flat glass (26.11)
• Shaping and processing of flat glass (26.12)
• Manufacture of hollow glass (26.13)
• Manufacture of glass fibres (26.14)
• Manufacture and processing of other glass, including technical glassware (26.15)
6. Manufacture of non-refractory ceramic goods other than for construction purposes; manufacture of refractory ceramic products (26.2)
• Manufacture of ceramic household and ornamental articles (26.21)
• Manufacture of ceramic sanitary fixtures (26.22)
• Manufacture of ceramic insulators and insulating fittings (26.23)
• Manufacture of other technical ceramic products (26.24)
• Manufacture of other ceramic products (26.25)
• Manufacture of refractory ceramic products (26.26)
7. Manufacture of ceramic tiles and flags (26.3)
8. Manufacture of bricks, tiles and construction products, in baked clay (26.4)
9. Cutting, shaping and finishing of ornamental and building stone (26.7)
10. Manufacture of structural metal products (28.1)
• Manufacture of metal structures and parts of structures (28.11)
• Manufacture of builders’ carpentry and joinery of metal (28.12)
11. Manufacture of tanks, reservoirs and containers of metal; manufacture of central heating radiators and boilers (28.2)
• Manufacture of tanks, reservoirs and containers of metal (28.21)
• Manufacture of central heating radiators and boilers (28.22)
12. Manufacture of locks and hinges (28.63)
13. Manufacture of other fabricated metal products (28.7)
• Manufacture of steel drums and similar containers (28.71)
• Manufacture of light metal packaging (28.72)
• Manufacture of wire products (28.73)
• Manufacture of fasteners, screw machine products, chain and springs (28.74)
• Manufacture of other fabricated metal products n.e.c. (28.75)
4 Information Bulletin

14. Manufacture of furniture (36.1)
• Manufacture of chairs and seats (36.11)
• Manufacture of other office and shop furniture (36.12)
• Manufacture of other kitchen furniture (36.13)
• Manufacture of other furniture (36.14)
• Manufacture of mattresses (36.15)
15. Other construction work involving special trades (45.25)
16. Building installation (45.3)
• Installation of electrical wiring and fittings (45.31)
• Insulation work activities (45.32)
• Plumbing (45.33)
• Other building installation (45.34)
17. Building completion (45.4)
• Plastering (45.41)
• Joinery installation (45.42)
• Floor and wall covering (45.43)
• Painting and glazing (45.44)
• Other building completion (45.45)
MANUFACTURE OF MACHINERY AND EQUIPMENT n.e.c. NACE 29.
1. Manufacture of machinery for the production and use of mechanical power, except aircraft, vehicle and cycle engines (29.1)
• Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (29.11)
• Manufacture of pumps and compressors ( 29.12)
• Manufacture of taps and valves (29.13)
• Manufacture of bearings, gears, gearing and driving elements (29.14)
2. Manufacture of other general purpose machinery (29.2)
• Manufacture of furnaces and furnace burners (29.21)
• Manufacture of lifting and handling equipment (29.22)
• Manufacture of non-domestic cooling and ventilation equipment (29.23)
• Manufacture of other general purpose machinery n.e.c. (29.24)
3. Manufacture of agricultural and forestry machinery (29.3)
• Manufacture of agricultural tractors (29.31)
• Manufacture of other agricultural and forestry machinery (29.32)
4. Manufacture of machine-tools (29.4)
• Manufacture of portable hand held power tools (29.41)
• Manufacture of other metalworking machine tools (29.42)
• Manufacture of other machine tools n.e.c. (29.43)
5. Manufacture of other special purpose machinery (29.5)
• Manufacture of machinery for metallurgy (29.51)
• Manufacture of machinery for mining, quarrying and construction (29.52)
• Manufacture of machinery for food, beverage and tobacco processing (29.53)
• Manufacture of machinery for textile, apparel and leather production (29.54)
• Manufacture of machinery for paper and paperboard production (29.55)
• Manufacture of other special purpose machinery n.e.c. (29.56)
6. Manufacture of weapons and ammunition (29.6)
7. Manufacture of domestic appliances n.e.c. (29.7)
• Manufacture of electric domestic appliances (29.71)
• Manufacture of non-electric domestic appliances (29.72)
MANUFACTURE OF ELECTRICAL AND OPTICAL EQUIPMENT. NACE DL.
1. Manufacture of office machinery and computers (30.0)
• Manufacture of office machinery (30.01)
• Manufacture of computers and other information processing equipment (30.02)
2. Manufacture of electrical machinery and apparatus n.e.c. (31)
• Manufacture of electric motors, generators and transformers (31.1)
3. Manufacture of electricity distribution and control apparatus (31.2)
4. Manufacture of insulated wire and cable (31.3)
5. Manufacture of accumulators, primary cells and primary batteries (31.4)
6. Manufacture of lighting equipment and electric lamps (31.5)
7. Manufacture of electrical equipment n.e.c. (31.6)
• Manufacture of electrical equipment for engines and vehicles n.e.c. (31.61)
• Manufacture of other electrical equipment n.e.c. (31.62)
5 Detailed List of Activities

8. Manufacture of radio, television and communication equipment and apparatus (32)
• Manufacture of electronic valves and tubes and other electronic components (32.1)
• Manufacture of television and radio transmitters and apparatus for line telephony and line telegraphy (32.2)
• Manufacture of television and radio receivers, sound or video recording or reproducing apparatus and associated goods (32.3)
9. Manufacture of medical, precision and optical instruments, watches and clocks (33)
• Manufacture of medical and surgical equipment and orthopaedic appliances (33.1)
• Manufacture of instruments and appliances for measuring, checking, testing, navigating and other purposes, except industrial process control equipment (33.2)
• Manufacture of industrial process control equipment (33.3)
• Manufacture of optical instruments and photographic equipment (33.4)
• Manufacture of watches and clocks (33.5)
MANUFACTURE OF AIRCRAFT AND SPACECRAFT. NACE 35.30.
MANUFACTURE OF FURNITURE; MANUFACTURING N.E.C. NACE 36.
1. Manufacture of furniture (36.1)
• Manufacture of chairs and seats (36.11)
• Manufacture of other office and shop furniture (36.12)
• Manufacture of other kitchen furniture (36.13)
• Manufacture of other furniture (36.14)
• Manufacture of mattresses (36.15)
2. Manufacture of jewellery and related articles (36.2)
• Striking of coins (36.21)
• Manufacture of jewellery and related articles n.e.c. (36.22)
3. Manufacture of musical instruments (36.3)
4. Manufacture of sports goods (36.4)
5. Manufacture of games and toys (36.5)
6. Miscellaneous manufacturing n.e.c. (36.6)
• Manufacture of imitation jewellery (36.61)
• Manufacture of brooms and brushes (36.62)
• Other manufacturing n.e.c. (36.63)
RECYCLING. NACE 37.
1. Recycling of metal waste and scrap (37.1)
2. Recycling of non-metal waste and scrap (37.2)
WHOLESALE TRADE AND COMMISSION TRADE. NACE 50 and 51.
1. Sale of motor vehicles (50.1)
2. Maintenance and repair of motor vehicles (50.2)
3. Sale of motor vehicle parts and accessories (50.3)
4. Sale, maintenance and repair of motorcycles and related parts and accessories (50.4)
5. Retail sale of automotive fuel (50.5)
6. Wholesale on a fee or contract basis (51.1)
• Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods (51.11)
• Agents involved in the sale of fuels, ores, metals and industrial chemicals (51.12)
• Agents involved in the sale of timber and building materials (51.13)
• Agents involved in the sale of machinery, industrial equipment, ships and aircraft (51.14)
• Agents involved in the sale of furniture, household goods, hardware and ironmongery (51.15)
• Agents involved in the sale of textiles, clothing, footwear and leather goods (51.16)
• Agents involved in the sale of food, beverages and tobacco (51.17)
• Agents specializing in the sale of particular products or ranges of products n.e.c. (51.18)
• Agents involved in the sale of a variety of goods (51.19)
7. Wholesale of agricultural raw materials and live animals (51.2)
• Wholesale of grain, seeds and animal feeds (51.21)
• Wholesale of flowers and plants (51.22)
• Wholesale of live animals (51.23)
• Wholesale of hides, skins and leather (51.24)
• Wholesale of unmanufactured tobacco (51.25)
8. Wholesale of food, beverages and tobacco (51.3)

6 Information Bulletin

• Wholesale of fruit and vegetables (51.31)
• Wholesale of meat and meat products (51.32)
• Wholesale of dairy produce, eggs and edible oils and fats (51.33)
• Wholesale of alcoholic and other beverages (51.34)
• Wholesale of tobacco products (51.35)
• Wholesale of sugar and chocolate and sugar confectionery (51.36)
• Wholesale of coffee, tea, cocoa and spices (51.37)
• Wholesale of other food, including fish, crustaceans and molluscs (51.38)
• Non-specialized wholesale of food, beverages and tobacco (51.39)
9. Wholesale of household goods (51.4)
• Wholesale of textiles (51.41)
• Wholesale of clothing and footwear (51.42)
• Wholesale of electrical household appliances and radio and television goods (51.43)
• Wholesale of china and glassware, wallpaper and cleaning materials (51.44)
• Wholesale of perfume and cosmetics (51.45)
• Wholesale of pharmaceutical goods (51.46)
• Wholesale of other household goods (51.47)
10. Wholesale of non-agricultural intermediate products, waste and scrap (51.5)
• Wholesale of solid, liquid and gaseous fuels and related products (51.51)
• Wholesale of metals and metal ores (51.52)
• Wholesale of wood, construction materials and sanitary equipment (51.53)
• Wholesale of hardware, plumbing and heating equipment and supplies (51.54)
• Wholesale of chemical products (51.55)
• Wholesale of other intermediate products (51.56)
• Wholesale of waste and scrap (51.57)
11. Wholesale of machinery, equipment and supplies (51.8)
• Wholesale of machine-tools (51.81)
• Wholesale of mining, construction and civil engineering machinery (51.82)
• Wholesale of machinery for the textile industry and of sewing and knitting machines (51.83)
• Wholesale of computers, computer peripheral equipment and software (51.84).
• Wholesale of other office machinery and equipment (51.85)
• Wholesale of other machinery for use in industry, trade and navigation (51.87)
• Wholesale of agricultural machinery and accessories and implements, including tractors (51.88)
12. Other wholesale (51.9)
PRODUCTION OF RENEWABLE ENERGY. NACE 40.10.
SERVICE ACTIVITIES:
TRANSPORT, STORAGE AND COMMUNICATION. NACE I.
1. Land transport; transport via pipelines (60)
• Transport via railways (60.1)
• Other scheduled passenger land transport (60.21)
• Taxi operation (60.22)
• Other land passenger transport (60.23)
• Freight transport by road (60.24)
• Transport via pipelines (60.3)
2. Water transport (61)
3. Air transport (62)
• Scheduled air transport (62.1)
• Non-scheduled air transport (62.2)
• Space transport (62.3)
4. Supporting and auxiliary transport activities; activities of travel agencies (63)
• Cargo handling (63.11)
• Storage and warehousing (63.12)
5. Other supporting transport activities (63.2)
• Other supporting land transport activities (63.21)
• Other supporting water transport activities (63.22)
• Other supporting air transport activities (63.23)
6. Activities of travel agencies and tour operators; tourist assistance activities n.e.c. (63.3)
7. Activities of other transport agencies (63.4)
8. Post and courier activities (64.1)
• National post activities (64.11)
• Courier activities other than national post activities (64.12)
9. Telecommunications (64.2)
MAINTENANCE AND REPAIR OF MOTOR VEHICLES. NACE 50.2.7 Detailed List of Activities
COMPUTER AND RELATED ACTIVITIES.
NACE 72.
1. Hardware consultancy (72.1)
2. Software consultancy and supply (72.2)
• Publishing of software (72.21)
• Other software consultancy and supply (72.22)
3. Data processing (72.3)
4. Database activities (72.4)
5. Maintenance and repair of office, accounting and computing machinery (72.5)
6. Other computer related activities (72.6)
SERVICES RELATED TO THE EXPLOITATION OF NATURAL RESOURCES AND WASTE DISPOSAL. NACE N.E.C. (NOT ELSEWHERE CLASSIFIED).
RESEARCH AND DEVELOPMENT. NACE 73.
1. Research and experimental development on natural sciences and engineering (73.1)
2. Research and experimental development on social sciences and humanities (73.2)
OTHER BUSINESS ACTIVITIES. NACE 74.
1. Legal activities (74.11)
2. Accounting, book-keeping and auditing activities; tax consultancy (74.12)
3. Market research and public opinion polling (74.13)
4. Business and management consultancy activities (74.14)
5. Management activities of holding companies* (74.15)
6. Architectural and engineering activities and related technical consultancy (74.2)
7. Technical testing and analysis (74.3)
8. Advertising (74.4)
9. Labour recruitment and provision of personnel (74.5)
10. Investigation and security activities (74.6)
11. Industrial cleaning (74.7)
12. Miscellaneous business activities n.e.c. (74.8)
• Photographic activities (74.81)
• Packaging activities (74.82)
• Secretarial and translation activities (74.85)
• Call centre activities (74.86)
• Other business activities n.e.c. (74.87)
SPECIALIZED AND POSTGRADUATE TRAINING SERVICES. NACE 80.3 and 80.4.
1. Higher education (80.3)
2. Adult and other education (80.4)
• Driving school activities (80.41)
• Adult and other education n.e.c. (80.42)
MOTION PICTURE AND VIDEO PRODUCTION. NACE 92.11.
RADIO AND TELEVISION ACTIVITIES. NACE 92.20.
Co-ordination centres and intra-group services are excluded from the services included in NACE group 74.15 (“Other business activities”).

There is a specialist information site where you can find further detailed information on the ZEC entities by visiting http://www.zec.org/

GoldAcre Estates have partnered with specialist Tax Advisors and Lawyers to assist with companies wanting to take advantages of the Canary Islands opportunities, John GoldAcre stated that with our expertise in both the Commercial and Residential Real Estate sector we are well placed to assist any European company with all their requirements regarding ZEC opportunites and of course the economic climate of today ensures you are able to purchase or rent Real Estate at exceptional prices.
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