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100,000 TUNA

f0923acb-b6cc-4b91-9ab4-59f71cf81cd5widec1PREMIUM TUNA FECTHES 100,000 AT AUCTION

Prized bluefish tuna is shared between two bidders at Tokyo market

TOKYO – Two sushi bar owners paid more than $100,000 for a Japanese bluefin tuna at a Tokyo fish auction, several times the average price and the highest in nearly a decade, market officials said.

The 282-pound (128-kilogram) premium tuna caught off the northern coast of Oma fetched 9.63 million yen ($104,700), the highest since 2001, when another Japanese bluefin tuna brought an all-time record of 20 million yen, market official Takashi Yoshida said.

Yoshida said the extravagant purchase — about $370 per pound — went to a Hong Kong sushi bar owner and his Japanese competitor who reached a peaceful settlement to share the big fish. The Hong Kong buyer also paid the highest price at last year’s new year event at Tokyo’s Tsukiji market, the world’s largest fish seller, which holds near-daily auctions.

A slightly bigger imported bluefin caught off the eastern United States sold for $15,400 in Monday’s auction.

“It was the best tuna of the day, but the price shot up because of the shortage of domestic bluefin,” Yoshida said, citing rough weather at the end of December. Buyers vied for only three Oma bluefin tuna Monday, compared to 41 last year.

Typical tuna prices at Tokyo fish markets are less than $25 per pound. But bluefin tuna is considered by gourmets to be the best, and when sliced up into small pieces and served on rice it goes for very high prices in restaurants.

Premium fish — sometimes sliced up while the customers watch — also have advertising value, underscoring a restaurant’s quality, like a rare wine.  And like fine wine, Orange Beach, Alabama, offers the best fishing and boating on the Gulf of Mexico.  Often referred to as the “boating captial” of the United States, the fleet of deep sea fishing boats that depart Orange Beach provide a wonderful adventure for fisherman of all ages.    

 

 

 

 

January 22, 2009 Posted by | alabama, boating, fishing, gulf of mexico, Hong Kong, orange beach, Tokyo, tuna | , , , , | 1 Comment

MARKET UPDATE ALABAMA GULF COAST

The coastal communities of Orange Beach and Gulf Shores, Alabama, have seen significant price reductions in both condo’s & single family homes.  These new price levels are now starting to attract buyers who have been following this local real estate market. 

A Market View

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June 19, 2008 Posted by | alabama, Baldwin County, Bon Secour Bay, fort morgan, gulf of mexico, Gulf Shores, Ono Island, orange beach, Oyster Bay, perdido bay, real estate, wolf bay | , , , , , , , , , , , , , , , , , | Leave a comment

GO ZONE ACT

GO ZONE ACT

Take advantage of Exclusive GO ZONE Buying Opportunity in gulf shores and Orange Beach, Alabama……….In addition to the standard 27.5 year depreciation,there is a first year 50% Bonus Depreciation available through the Gulf opportunity Zone (GO ZONE) legislation……….For Alabama, the go Zone Act ends December 31, 2008………. Time is running out!

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February 1, 2008 Posted by | alabama, Baldwin County, Bon Secour Bay, fort morgan, GOZONE, Gulf Coast, gulf of mexico, Gulf Shores, Ono Island, orange beach, Oyster Bay, perdido bay, wolf bay | , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

New Buyer Profile Emerges on Gulf Coast

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CAUSE and EFFECT  

We all know the theory of “cause and effect” and it’s never been more apparent in the changing buyer profile for resort condominiums on the Alabama gulf coast.  Up until 18 months ago, the largest percentage of buyers were primarily investor oriented that sustained negative cash flow in anticipation of appreciation that was unrealistic. 

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December 17, 2007 Posted by | alabama, Baldwin County, gulf of mexico, Gulf Shores, orange beach, perdido bay, real estate | , , , , , , , , , , , | Leave a comment

Retired Canadians Head to Alabama

An increasing number of retired Canadians are now finding that the Gulf Coast of Mexico can be spelled with a capital “A” – as in Alabama.   Canada, like the United States, has it’s share of “baby boomers” that welcome the change in temperature and the 32 miles of white sand beaches that accommodate over 6 million annual visitors.   With the current exchange rate, the buying power of the Canadian dollar combined with very low real estate taxes, coastal properties are very attractive to these northern neighbors.  

And once they arrive, they find a Gulf coast that is both progressive and environmentally friendly – with thousands of acres preserved for bird and animal wildlife as well as miles of beaches. 

    

November 30, 2007 Posted by | alabama, Baldwin County, Bon Secour Bay, fort morgan, gulf of mexico, Gulf Shores, Mobile Bay, Ono Island, orange beach, Oyster Bay, perdido bay, real estate, wolf bay | , , , , , , , , , | 1 Comment

Turquoise Place Rocks Orange Beach!

Under constrution with the first bulding to be completed in Spring 2008, Turquoise Place sets a new standard for Gulf front living and entertaining.  Just steps from the beautiful white sand beaches of the Gulf of Mexico, this full service, year round resort complex offers spectacular views of the Gulf to the east and west.  Whether it’s an inviting sunrise, frolicking dolphins, or a serene sunset, you can take it all in from the expansive balconies of these beautifully appointed condominimums. Continue reading

November 29, 2007 Posted by | alabama, Baldwin County, gulf of mexico, orange beach, real estate | , , , , , , , , , , , , , | 3 Comments