Mentor, Ohio - Fairport Harbor West Breakwater Light:  A bare-bones property, with a two-storey building connected to a 42-foot tower on a concrete base. The property is on the National Register of Historic Places.  Sold for: $72,000AP Photo / The Plain Dealer / Marvin Fong
Mentor, Ohio - Fairport Harbor West Breakwater Light:  A bare-bones property, with a two-storey building connected to a 42-foot tower on a concrete base. The property is on the National Register of HiShow more

Life under the spell of lighthouses



The Carswells live in a cottage attached to a 199-year-old lighthouse on the tip of a peninsula in western Scotland.

At night, the beam from the lighthouse sweeps the property, casting an eerie glow across the garden walls and the sea.

"It's quite magical," says Anne Carswell, trying to explain the allure of living next to a lighthouse. "It's a very special place."

Lighthouses are a rare and treasured commodity in the property industry. When they come up for sale, they inevitably attract attention from a devoted group of followers, fans who buy up memorabilia and actively work to preserve the heritage of the lights.

Many of the lighthouses that come on to the market are turned into museums or tourist attractions. But some are converted into private homes, the perfect place for people who like isolation and round rooms. To their fans, lighthouses evoke images of stormy seas and sailing ships navigating treacherous waters.

"People like the romance of the lighthouse," says Rayner Peett, a director at Fine & Country, a property agency in Wales. "For people with the love of sea, it is ideal."

By definition, lighthouses offer dramatic water views and are built to withstand extreme storms.

But putting a price on a lighthouse can be difficult. Many stand on tiny islands or remote headlands far from civilisation. In many cases, they have been in mothballs for decades and might not have any utility connections or modern conveniences.

"Generally, they are bought by individuals who want the extraordinary," says Ran Morgan, the head of Scottish residential property for Knight Frank. "Those relatively accessible from airports will sell better than those in distant locations."

Lighthouses auctioned in the US in recent years have typically sold for between US$30,000 (Dh110,000) and $260,000, says Ralph Conner, the director of property utilisation for the general services administration (GSA), the US government's property agency.

The GSA handles a steady trickle of lighthouses coming on to the market as navigation technology makes them obsolete.

GPS and advanced radar have diminished the need for the lights to warn mariners of navigation hazards, this at a time when the government happens to be looking to trim costs. Each year, about eight to 10 lighthouses come on to the market in the US. Some of them are turned over to non-profit groups and preservation societies at no charge.

But about 25 per cent are auctioned off to people who use the properties for homes or holiday retreats, Mr Conner says.

Each auction usually attracts about five to 15 potential buyer, as news of the available property often spreads through word of mouth and a network of preservation societies.

"The enthusiasm and love of lighthouses is very real," says Mr Conner. "There is a whole culture surrounding it."

Buying a lighthouse usually comes with responsibilities. Many are historic landmarks, and a buyer may be required to preserve the property. Redeveloping the land is often out of the question.

In the US, lighthouses are considered an important part of maritime history. The fate of the properties is dictated by the National Historic Lighthouse Preservation Act of 2000. Lighthouses are "a very important part of culture and tradition", says John Smith, the deputy assistant commissioner for the GSA's property division. "They led the way for trade, and people have sentiment for that."

Battered by the elements, lighthouses are not cheap to maintain, so there is rarely a profit motive for buying them.

"It's usually people with a background in historic preservation," Mr Smith says. "People who are buying are not people who are getting into mortgages."

After 10 years, the Carswells in Scotland are selling their lighthouse to move closer to family. The property, priced at £335,000 (Dh2 million), stands at Toward Point on the Cowal Peninsula, offering panoramic views of the Firth of Clyde.

The Carswells' lighthouse, built in 1812, is the tallest of three towers on the Clyde built by Robert Stevenson, the grandfather of the author Robert Louis Stevenson.

"It's very rare for a lighthouse property in the area to come on the market," says Caroleanne Gallagher, a representative for Savills, the agency handling the sale. "We've never had one before."

The lighthouse tower is not for sale, only the property and the three-bedroom stone cottage, including a sun room and utility room that once served as the lighthouse's radio hub. The Carswells were not lighthouse enthusiasts but fell in love with the property when they stayed at a nearby cottage. From the property, they can watch the steady stream of sailing vessels, ocean liners, oil tankers and the occasional warship passing on the Clyde.

The lighthouse is automated and the foghorn has been disabled, making the light a silent partner to the cottage.

"It's beautifully quiet," says Mrs Carswell's husband, Fleming.

Dengue fever symptoms
  • High fever
  • Intense pain behind your eyes
  • Severe headache
  • Muscle and joint pains
  • Nausea
  • Vomiting
  • Swollen glands
  • Rash

If symptoms occur, they usually last for two-seven days

A cryptocurrency primer for beginners

Cryptocurrency Investing for Dummies+– by Kiana Danial 

There are several primers for investing in cryptocurrencies available online, including e-books written by people whose credentials fall apart on the second page of your preferred search engine. 

Ms Danial is a finance coach and former currency analyst who writes for Nasdaq. Her broad-strokes primer+(2019) breaks down investing in cryptocurrency into baby steps, while explaining the terms and technologies involved.

Although cryptocurrencies are a fast evolving world, this book offers a good insight into the game as well as providing some basic tips, strategies and warning signs.

Begin your cryptocurrency journey here. 

Available at Magrudy’s , Dh104 

Celta Vigo 2
Castro (45'), Aspas (82')

Barcelona 2
Dembele (36'), Alcacer (64')

Red card: Sergi Roberto (Barcelona)

Stuck in a job without a pay rise? Here's what to do

Chris Greaves, the managing director of Hays Gulf Region, says those without a pay rise for an extended period must start asking questions – both of themselves and their employer.

“First, are they happy with that or do they want more?” he says. “Job-seeking is a time-consuming, frustrating and long-winded affair so are they prepared to put themselves through that rigmarole? Before they consider that, they must ask their employer what is happening.”

Most employees bring up pay rise queries at their annual performance appraisal and find out what the company has in store for them from a career perspective.

Those with no formal appraisal system, Mr Greaves says, should ask HR or their line manager for an assessment.

“You want to find out how they value your contribution and where your job could go,” he says. “You’ve got to be brave enough to ask some questions and if you don’t like the answers then you have to develop a strategy or change jobs if you are prepared to go through the job-seeking process.”

For those that do reach the salary negotiation with their current employer, Mr Greaves says there is no point in asking for less than 5 per cent.

“However, this can only really have any chance of success if you can identify where you add value to the business (preferably you can put a monetary value on it), or you can point to a sustained contribution above the call of duty or to other achievements you think your employer will value.”

 

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

Specs: 2024 McLaren Artura Spider

Engine: 3.0-litre twin-turbo V6 and electric motor
Max power: 700hp at 7,500rpm
Max torque: 720Nm at 2,250rpm
Transmission: Eight-speed dual-clutch auto
0-100km/h: 3.0sec
Top speed: 330kph
Price: From Dh1.14 million ($311,000)
On sale: Now

Mobile phone packages comparison
WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

GRAN TURISMO

Director: Neill Blomkamp

Stars: David Harbour, Orlando Bloom, Archie Madekwe, Darren Barnet

Rating: 3/5

MATCH INFO

Day 2 at the Gabba

Australia 312-1 

Warner 151 not out, Burns 97,  Labuschagne 55 not out

Pakistan 240 

Shafiq 76, Starc 4-52

How champions are made

Diet
7am - Protein shake with oats and fruits
10am - 5-6 egg whites
1pm - White rice or chapati (Indian bread) with chicken
4pm - Dry fruits
7.30pm - Pre workout meal – grilled fish or chicken with veggies and fruits
8.30pm to midnight workout
12.30am – Protein shake
Total intake: 4000-4500 calories
Saidu’s weight: 110 kg
Stats: Biceps 19 inches. Forearms 18 inches

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5