Posts tagged ‘Property Investment’
This is a legacy post from the findaproperty.com blog which is now maintained as an archive within the Zoopla blog. Links have been preserved.
FindaProperty.com just loves it when politics, green issues and property somehow come together into a big celebrity sandwich and that’s exactly what’s happened with Oscar winning actor Cate Blanchett and her new digs.
Australia’s most ethereal star turned eco-warrior has been making headlines Down Under for her role fronting an advertising campaign for a rather controversial carbon tax aimed at reducing the country’s emissions.
For the Elizabeth star it’s proved that climate change is an issue that’s very close to home, especially given she’s reportedly recently bought a plot of land in Vanuatu – a tiny island nation in the South Pacific that’s just as famous for its sandy beaches as it is for suffering the effects of global warming.
Sleepy Vanuatu made headlines back in 2005 when an entire village was evacuated because of rising sea levels – the first time climate change is known to have displaced a whole community.
The Lord of the Rings star is thought to have bought some overseas waterfront property in or close to the luxury Havannah Harbour area during a visit last year, which according to Australia’s Daily Telegraph, boasts a booming property market for international celebrities and where a typical piece of beachfront property can go for £456,000.
The effects of climate change are likely to keep Ms Blanchett on her toes, so to speak, as experts warn that sea levels could rise by as much 59cm by 2100 in Vanuatu, which could, lets face it, swallow up a fair bit of her tropical getaway.