Overseas Property News

Luxury Property Exhibition Continues to Grow

Wed, 7 May 2008 19:49:29 +0100

EPEX 2008 is the UK’s only showcase for finest real estate in the whole world as well as those who outfit and cater to the buyers of such property. It is becoming so popular that additional display booths had to be arranged for exhibitors, and there are only a few left of these. This annual show and exhibition takes place at Earls Court & Olympia National Hall, in London, 21 - 22 June 2008.

Buoyant Holiday Market Drives Demand for Lanzarote Property

Wed, 7 May 2008 15:45:16 +0100

Despite the credit crunch and the weakening pound tourist visitor numbers to Lanzarote have soared during the first quarter of 2008. According to official statistics recently released by Spanish airports operator AENA and the Cabildo de Lanzarote. Whilst this upward trend can in part be attributed to Easter falling early in March this year that belies the fact that tourism from the UK had already increased by 16.7% during January and February. Traditionally two of the quietest months in the holiday calendar.

Russian Property Investors Love Australian Gold Coast

Sat, 3 May 2008 23:33:58 +0100

Wealthy Russian overseas property investors have been attracted to the Australian Gold Coast and are now the biggest spenders of Australian Gold Coast property. The average investment is a hefty USD$ 550,000 according to research undertaken by property agency DTZ. The Gold Coast has been voted in the top 10 growth spots in Australia and the median property prices are expected to jump from $425,000 - $625,000 by 2010. Gold Coast is the third largest film production center in Australia and Warner Brothers has a major studio just outside Gold Coast City. Housing is often located along canals and inland waterways that have been built and dredged just for that purpose

Sam Zell Likes Brazil as an Investment

Thu, 1 May 2008 22:01:08 +0100

Billionaire Sam Zell, known for his real estate and media investments, went on record as saying that Brazil is his choice for new investment. At the Milken Institute Global Conference in Los Angeles, Zell said that Brazil will be the next China, according to several news reports including one from Reuters."I'd buy Brazil," Zell told his audience at the Conference. "It has the chance 30 years from now of being a bigger economic power than China." Zell is the chief executive of news and media group The Tribune Company and chairman and president of Equity Group Investments.

Foreign Currency Update By Halo Financial

Thu, 1 May 2008 13:50:01 +0100

Foreign Currency specialists Halo Financial report that US interest rates were cut, as expected, by 0.25 percent last night as the Federal Reserve moved to increase the availability of cheap money in order to offset the economic downturn. The detail is explored below but the effect has been to weaken the US Dollar against most currencies

Euro Mediterranean Project Aims To Transform Marseille

Tue, 29 Apr 2008 08:57:12 +0100

Marseille’s Euro Mediterranean Project is one of the largest urban renewal projects the world has ever seen. When completed in 2012, the plan envisions Marseille as one of the top Southern European cities. This ancient seaport is one of the oldest cities in France and Europe, but it has lagged behind the rest of the country in terms of development and popularity. The Euro Mediterranean Project is reworking 310 hectares of land in the city centre with the aim of reinvigorating the city as an international destination for businesses, real estate investors and travelers. The area between the centre of Marseille, the commercial port and the TGV mainline railway station is the focus of this development, and it has been declared an "Opération d’Intérêt National,” which is a town planning scheme of interest to the country as a whole and protected by special legal status.

Billionaire Positive About Brazilian Real Estate

Mon, 28 Apr 2008 23:07:50 +0100

Brazilian real estate has again made the headlines as a great place to invest in the property market. This time Brazil receives its seal of approval for investment from the Billionaire real estate and media expert Sam Zell Brazil has been attracting investors to its sunny shores in increasing numbers as it appears to tick all the boxes as the next big place to invest. Overseas property portal Homesgofast.com which has been promoting Brazilian real estate for a number of years has seen how the market has now achieved broader appeal

Emerging Markets Help Overseas Investors

Mon, 28 Apr 2008 08:05:29 +0100

Emerging property markets seem to be offering investors a safe haven for investors according to the overseas property portal Homesgofast.com. The UK based property portal which has been online since 2003 and carries over 60,000 properties notes a trend with its online investors. Determined investors now seek lower priced real estate in countries such as Egypt and Brazil. Homesgofast.com CEO Nicholas Marr “The trend is for lower priced investment property allowing buyers to purchase without heaving financing. Markets such as Egypt and Brazil offer this type of property whilst giving good potential for capital growth.

Bologna Italy Now More Attractive

Mon, 28 Apr 2008 08:04:09 +0100

Investors thinking about buying property in Italy may well turn their focus to Bologna as it receives a huge amount of investment. A recent article in the International Herald Tribune highlights Bologna’s plans for growth and spurring investment. The local agency in charge of promoting investment in the city, Promo Bologna, lists the investments and developments that are currently ongoing and planned for the city.

New flights to Antalya Turkey

Wed, 23 Apr 2008 07:45:46 +0100

British Airways announced a new route addition to their schedule. They have begun operating flights from London Gatwick direct to Antalya International Airport (AYT) along the Mediterranean coast of Turkey. Currently, these flights operate on Tuesdays, Thursdays and Sundays and are scheduled to run in both the summer and winter. These new flights will help travelers, holiday goers and those with overseas property get to the destination much faster

Millionaire Lottery Winner Gets Council House

Wed, 23 Apr 2008 07:40:39 +0100

Scotland’s biggest lottery jackpot winner John McGuiness has spent more than his £10 million winnings and is facing eviction from his luxury home. The Scottish Sunday Mail reveals that an eviction hearing will be held on Tuesday. It also reports that the South Lanarkshire council have identified a two bedroom council house in the town of Netherburn, near Larkhall, for McGuinness and his family

London Holds Romanian Property Seminar

Wed, 23 Apr 2008 07:35:02 +0100

Romanian Properties Ltd will be giving a special seminar in London on April 25th 2008 to coincide with the “A place in the Sun Live” exhibition at London ExCel. The seminar will consist of a 80 minute talk with slide show presentations covering some of the best property offers in Romania in the 2 hottest markets there, followed by questions from the floor. The talks are addressed to existing investors, fund managers and first time investors.

Euro Hits Record High Against Dollar

Wed, 23 Apr 2008 07:34:12 +0100

23/04/08-The Euro rose above $1.60 the first time ever in late April. After setting a record of 1.6019 it has settled just under that amount. The British Pound continues to hover around two dollars, which is still high, but not as high as late in 2007.

The strong Euro has increased calls from European countries for the European Central Bank (ECB) to relax monetary policy and pursue a more growth oriented strategy. Germany, however, has resisted such calls, which have come primarily from newly elected Italian Prime Minister Silvio Berlusconi and French President Nicolas Sarcozy.

New Flights to Dubai, Abu Dhabi

Wed, 23 Apr 2008 07:32:42 +0100

Two international airlines recently announced new service to Dubai and Abu Dhabi, increasing the Emirates’ attractiveness as an international destination for business people, holiday travelers and international real estate investors. Germany’s Lufthansa Airlines, which already flies to Dubai daily from Frankfurt, announced new service from Munich. Additionally, Indian carrier Jet Airways announced flights to Abu Dhabi from Mumbai and Delhi, and is in negotiations to fly directly to Dubai
Lufthansa German Airlines will fly six times a week from Dubai to Munich beginning on May 1, 2008. It will use its A319 Business Executive Jet service in an all Business class configuration. Everyday except Wednesdays, the LH 639 flight will depart Dubai at 7:45am and arrive in Munich at 12:10pm and everyday except Tuesdays the LH638 will depart Munich at 21:30 pm and arrive in Dubai at 5:30am next morning. This adds to Lufthansa's existing daily flight from Dubai to Frankfurt onboard the Boeing 747

Sports City Takes Shape in Dubai

Wed, 23 Apr 2008 07:31:52 +0100

One of Dubai’s premier developments is coming together, with several new facilities recently completed and more on the way. Dubai Sports City, covering 50 million square feet, is the world’s first purpose built sports city. The showpiece golf course, and 18-hole championship course designed by Ernie Els, recently opened, and other facilities are nearing completion.
“The Els Club is the first completed venue in Dubai Sports City, and it has been constructed and presented to exceed world-class standards. We thank Ernie Els and his team for the excellent work they have done here over the last few years, and we welcome the Els family and the Els Design team to our rapidly growing community,” said Khalid Abdulrahim Al Zarooni, President of Dubai Sports City.

Bank of Canada Cuts Interest Rates

Wed, 23 Apr 2008 07:28:48 +0100

23rd April, 2008 -The Bank of Canada cut its interest rate by half a point to 3% whilst noting that further cuts might be necessary. The slowdown in the United States, which is Canada's largest trading partner, has begun to affect the Canadian economy. This has helped to spur the Canadian central bank to make these cuts. The Bank said in a statement: "The Bank is now projecting a deeper and more protracted slowdown in the U.S. economy. This has direct consequences for the Canadian economic outlook, with declining exports projected to exert a significant drag on growth in 2008." It continued, indicating that “Some further monetary stimulus will likely be required.”

UK Building Companies Corrupt Practices Unveiled

Thu, 17 Apr 2008 08:55:06 +0100

The Uk Office of Fair Trading has uncovered systematic price fixing and seemingly corrupt practices in tendering for large building projects. The firms accused by the government watchdog include some of the biggest construction companies in the UK including Balfour Beatty and Carillion. The Office of Fair Trading investigation is believed to be one of its biggest and reveals practices that could have cost UK tax payers billions over the last few years. The OFT has been met with a ‘hands up’ from over 40 firms who have already admitted the charges

Arizona Real Estate Sending Out Mixed Messages

Thu, 17 Apr 2008 08:53:46 +0100

Despite a troubled housing market in the United States, the low price (< $200,000) condominiums in the Arizona southeast Valley is keeping sales strong. According to data compiled by Arizona State University, resale condos are going quicker than resold single-family homes, and a 40% increase in sales for resold housing was seen in February, up 21% from this time last year The Milwaukee-based parent company of Marshall & Ilsley Corp continues to take a pounding from its real estate investments, announcing today that its first quarter net income dropped 32.5 percent to $146.2 million from $216.8 million in the same period a year ago. M&I Bank reported quarterly per share net income of 56 cents, down from 83 cents a year earlier.

Live Auctions of Florida Property With No Reserve

Wed, 16 Apr 2008 17:18:01 +0100

Following the recent success of January’s live Absolute Auction, another auction is to be held this month by Stirling Sotheby’s International Realty in association with The British Homes Group. A top Florida Developer is putting scores of properties on the auction market with no reserve prices and no minimum. The luxury apartments on a development in a fantastic location in Florida will be sold to the highest bidder –however low that bid might be. The next sale will start at 11am on April 19th when Stirling Sotheby’s International Realty, in association with The British Homes Group, will hold a live Absolute Auction on the premises at The Residences at Turnbull Bay located on New Smyrna Beach on Florida’s east coast. Twenty-five ‘maintenance free’ Town Houses – 2 bedroom / 2 bathroom and 3 bedroom / 2.5 bathroom – are to be auctioned individually. Alternatively they can be bought on a bulk purchase of the entire inventory.

Sterling follows house prices down

Wed, 16 Apr 2008 10:59:59 +0100

Moneycorp the foreign currency specialists report that house prices influenced Sterling yet again. This time is was the Halifax reporting a 2.5 per cent fall between February and March. Like the Nationwide two week ago, HBOS referred to the massive rise in house prices over the last ten years; 171 per cent they reckon. Also in common with Nationwide, HBOS omitted to expand on that observation. They could have been pointing out that the "modest (low single digit)" decline they expect this year will be a mere gnat-bite on the gains made previously. Or they could have been drawing attention to a price bubble. We were left to guess.

Real Estate TV in India

Sat, 12 Apr 2008 08:55:03 +0100

A powerful new force in real estate marketing has emerged with the news that India has its first 24x7 channel dedicated to the world of real estate. The channel is now available in all metros and major cities across the country. The new TV channel will provide viewers up to date information on all aspects of the property market.

Middle East Rent Controls Harm Property Investment

Sat, 12 Apr 2008 08:53:56 +0100

A report examining the effects Rent control in the Middle East has concluded that such measures are generally harmful for property investors. In December 2007 Dubai’s government toughened up its 2005 Rent Law and reduced the maximum 2008 rent increase to only 5%. Abu Dhabi has likewise capped 2008 rent hikes at only 5%.

Spanish Property Owners Owed Thousands in Unfair Tax

Sat, 12 Apr 2008 08:44:30 +0100

The Spanish government may owe former Spanish property owners thousands after charging an unfair amount of tax. A Spanish legal company believes that an estimated £37m is now owed to British former owners alone. What is more, they say that Brits can now start the long process of getting their money back because, they suggest, it flies in the face of EU laws on discrimination. This means that if you were one of the 4,500 British citizens who sold Spanish property between 2004 and 2007, and were charged at the non-resident's CGT rate; you could be eligible for an average rebate of £11,000.

Developer Gives Free Florida Holidays For UK Residents

Fri, 11 Apr 2008 08:09:56 +0100

THE BRITISH HOMES GROUP Florida, who provide sales and loans advice to UK property owners in Florida, is giving away a luxury family holiday as part of a package of incentives to encourage UK buyers to consider a LENNAR HOME

Daily Mail & P&0 in French Property Prize

Tue, 8 Apr 2008 12:16:05 +0100

The Daily Mail and P&0 Ferries aim to make one lucky person the owner of a stunning French cottage located in Brittany. The desirable French home is a prize in a draw aimed at Daily Mail readers and is sure to be popular amongst its readers

US Real Estate in Go Zone Attractive To Overseas Buyers

Mon, 7 Apr 2008 22:08:12 +0100

International real estate buyers have been encouraged to examine the case for buying property in the Go Zone by the head of overseas property portal Homesgofast.com

The Landings Saint Lucia

Mon, 7 Apr 2008 22:07:02 +0100

One of the newest resorts in the Caribbean has recently opened on Saint Lucia. This beautiful island located in the Lesser Antilles chain has great weather, beaches and something for everyone. The Landings is a new development on the very northwest tip of the island that is located on 19 acres of prime beachfront property. International real estate investors will find this location to be ideal, and the prices for such a spot are quite reasonable

Australians Sell Homes on EBay

Mon, 7 Apr 2008 22:06:06 +0100

A recent report by News.com.au gives an insight into the mind set of Australian home sellers trying to sell their properties. It highlights the fact that 130 properties were listed on eBay's Australian site last week, including several multi-million dollar homes in Sydney and New South Wales

Developer offers free apartments with Saudi Arabia properties

Mon, 7 Apr 2008 21:58:04 +0100

Middle East property developer Damac properties are offering investors an unusual deal involving their Saudi Arabian project Al Jawharah residential Tower. Buyers will receive a free property from another development in Egypt when they purchase selected apartments.

Rents in Turkey on the Way Up

Fri, 4 Apr 2008 23:52:05 +0100

In a recently released survey by a top international real estate firm, Turkey has seen several prime business locations with rents rising substantially over the past year. Three locations in the country came in at the top of the list for increased rates, with two of these in the city of Istanbul, the country’s financial and business center. Recent development and investment in the city and country has led to an increased need for office space as well as living quarters for businesses from both local and international investors

Royal Oaks Estates New Brunswick Canada

Fri, 4 Apr 2008 23:50:38 +0100

Just inland from the Bay of Fundy along the eastern coast of Canada is one of the premier golf and living resorts in the country, Royal Oaks Estates and Golf Club. Located in Moncton, New Brunswick, this golf club and development offers the best of both worlds: world-class golf and spectacular housing opportunities. There are townhouses, condominiums, building lots and existing houses all available.

US Home Sales See Small Increase

Fri, 4 Apr 2008 23:50:02 +0100

4/04/08-The most recent housing reports out the United States indicate that existing home sales were up in February, the first time that sales rose seven months. Most analysts note that this is probably an anomaly, brought on in large part by significantly lower home prices, but they expect sales to begin increasing later this year on a consistent basis. The median national home price for February was $195,500, which was 8.2% lower than a year ago, when prices were $213,500

A Place in The Sun Selling Overseas Property

Fri, 4 Apr 2008 23:17:47 +0100

UK Channel 4 s A Place in Sun has joined other UK based overseas property portals such as Homesgofast.com and Property-Abroad.com in offering sellers the chance to promote their overseas property online Channel 4 is launching a classifieds portal for overseas property on the back of its series A Place in the Sun.

The Merricks Resort Barbados

Fri, 4 Apr 2008 23:16:45 +0100

The Caribbean island nation of Barbados has been one of the most popular destinations for travelers and international home buyers for years. The small country in the southeast Caribbean has a stable government, low crime and some of the best beaches anywhere, as well as plenty to see and do. As a result, investors and holiday seekers have been flocking here, with the west coast the preferred destination. As the west coast of Barbados has become more developed and extremely expensive, developers and investors have turned eastward for less expensive but still spectacular property

Dominican Republic Now Luxury Property Destination

Tue, 1 Apr 2008 09:14:21 +0100

Angsana Resorts, part of Banyan Tree Hotels and Resorts, is opening a new residential luxury resort on the Caribbean island nation of the Dominican Republic. The project confirms that the Dominican Republic is a luxury destination to buy Caribbean property. The first phase of this new development is scheduled to open to residents in 2010. The resort will have villas, town houses and condominium units as well as a marina, luxury hotel and casino, retail stores and more.

Caribbean Property Prices

Tue, 1 Apr 2008 09:13:31 +0100

Property in the Caribbean is now more attractive as the depreciation of the US dollar against major currencies such as the British pound and the Euro make Caribbean real estate cheaper. This news does not make the Caribbean a cheap destination to buy overseas property, many beachfront homes on developed islands can be priced well over one million US dollar mark.

Marbella Spain New Secluded Property Hotspot

Mon, 31 Mar 2008 21:54:27 +0100

A secluded hillside community is one of the hottest places for Spanish property seekers. La Mairena is a small village in the hills to the northeast of Marbella in the heart of the Costa del Sol. These tranquil hills are full of oak and cork trees, providing a beautiful setting. The area is still just a few minutes away from the Mediterranean, so beach lovers can spend as much time on the seaside as they want. And, it’s not far from Marbella, with plenty of shopping, restaurants and nightlife.

Loreto Bay Resort to Rise in Baja, Mexico

Mon, 31 Mar 2008 21:53:33 +0100

Along the coast of Baja, Mexico, a new resort area is rising up at Loreto Bay. Located on the Sea of Cortez between the Giganta Mountains and the water, this once sleepy area is becoming the new destination resort in Mexico. If plans for the bay are fully realized, over the next few years some 8,000 acres of land will have 6,000 holiday and retirement homes.

South African Game Reserve Promoted at EPEX 2008

Mon, 31 Mar 2008 21:51:58 +0100

EPEX 2008 – the Exclusive Property Exhibition – is set to take place on 21 – 22 June at the Olympia National Hall in London. This is the only event in the UK where the most prestigious and luxurious international properties can be seen all together at one time. This unique show focuses exclusively on some of the best properties from around the globe, with prices ranging from £0.5M to £25M.

Credit Crunch Not For The London Rich

Sat, 29 Mar 2008 16:55:22 +0100

The super rich and super prime real estate in London seems to be immune to the effects of the credit crunch. This was clearly demonstrated by two property developers brothers Christian and Nicholas Candy who both just made 250 million pounds on property bought just 18 months ago.

Romania Proving Good For Investment

Thu, 27 Mar 2008 08:48:21 +0100

Indications that Romania is a great place to invest in overseas property can be seen by Fords recent investment in the country along with impressive house price rises. Ford has shown investors they way by officially taking control of Automobile Craiova, the former Daewoo operation. The property market which offers homes at very low prices has in some areas of Romania seen bullish growth rates of 25% to 30% p.a. for the last 3 years

Dubai Water Supply Problem Solved

Tue, 25 Mar 2008 19:49:03 +0100

Dubai's booming real estate industry and expected population growth means huge expected demands on its infrastructure. One area that will always be a concern in such a hot country is the supply of water. This now appears to be taken care of with the announcement that Dubai will have the worlds largest reservoir

Florida Bus Tours of Repossessed Properties

Tue, 25 Mar 2008 19:47:59 +0100

The credit crunch has taking its toll on numerous home owners in the sunshine state of Florida. This has created a genuine buyers market where bargains are ripe for the picking. Real estate agents in Florida have now come up with a new marketing technique that will help buyers see all the best deals by using bus tours of foreclosed properties

Sterling and Dollar Both Looking Uncertain

Tue, 25 Mar 2008 19:46:23 +0100

Moneycorp the foreign currency specialists report on last weeks trading activity highlighting sterling and the US Dollar. Having traded at $2.02 last Monday morning the Pound dipped two and a half cents before rebounding on Tuesday almost to $2.03. From there, apart from a brief hesitation early on Wednesday it was down again, this time to $1.9750. The long weekend kept things quiet until early this morning when the Far East market took Sterling back up above $1.99.

Foreign Currency Company Help British Property Owners in Florida

Mon, 24 Mar 2008 11:33:51 +0100

Moneycorp, the foreign exchange specialist, today announced a new alliance with LynxBanc Mortgage Corporation, a specialist international mortgage provider, which will provide British property owners in Florida with a safe way to stabilise their monthly mortgage payments.

Las Vegas The New International Property Hotspot

Mon, 17 Mar 2008 20:39:46 +0100

The overseas property portal Homesgofast.com has seen a sharp rise in international investors seeking investment property in Las Vegas. The US housing market is seeing foreclosures and mortgage default rates hitting record levels. It appears that overseas investors are seeking to capitalise on the situation by investing in the worlds entertainment capital city<

New Way To Buy a Millionaires Home

Mon, 17 Mar 2008 10:29:06 +0100

Home buyers seeking a luxury home in Spain are being offered a millionaire yacht broker’s mansion valued at 2 million pounds for less than £300,000. The incredible deal would see the six lucky buyers with a luxury waterfront villa, with sports boat and car on the Spanish island of Mallorca

Warning For Irish Overseas Property Investors

Mon, 17 Mar 2008 08:19:51 +0100

The Irish tax authority is on a mission to find to find out the source of the money used to purchase the properties abroad and to discover if the property is generating any taxable income. The probe could have a huge impact on tens of thousands of Irish overseas property investors.

The Budget & The National House Building Council

Fri, 14 Mar 2008 07:48:39 +0100

The UK’s National House Building Council (NHBC) which warranties over 80% of new British Homes has today welcomed the commitment by the Chancellor, Alistair Darling, to target all new construction in the drive to reduce the UK's carbon emissions.
Imtiaz Farookhi, NHBC's Chief Executive, said: "The decision by the Chancellor to target all new buildings to be zero carbon from 2019 is to be commended as is the decision to provide "pump-prime" funding for a 2016 delivery unit to guide, monitor and co-ordinate the zero carbon programme, which we have long said is needed to develop a framework to move this agenda forwards

Eco-Towns A Great Place To Live

Wed, 12 Mar 2008 19:36:54 +0100

The UK government is hoping to create eco-towns. Later in the spring of 2008, the government will announce a short list of 12-15 areas that will potentially host new eco-towns. From this list, as many as 10 towns will be constructed, focusing on renewable energy, zero-carbon buildings, and support for local communities and local businesses. While they haven’t decided where these towns will be yet, they have a great example in Cambourne already up and running.

Fractional Ownership Exhibition New Sponsor

Tue, 11 Mar 2008 11:39:55 +0100

The unique Fractional Life Exhibition which takes place between 28th and 30th April, at the Broadgate Event Venues, City of London has announced sponsorship from Foreign Property Ventures Ltd.

Moneycorp Report Winning Week for Sterling

Tue, 11 Mar 2008 10:12:06 +0100

Moneycorp the foreign currency specialists report on last weeks action in the currency markets. Sterling stayed within half a cent of its $1.9850 opening level until Wednesday morning when a one cent dip was followed immediately by a two cent rally. On Thursday the $2 barrier was broken and Sterling topped out at $2.02 on Friday afternoon. It was trading within 25 ticks of that level when London opened this morning, more than three cents up on the week.

UK Property Investor Seminars Cut

Sun, 9 Mar 2008 10:15:28 +0100

Further signs of a reduction in confidence by UK Buy to let investors are seen by the latest news from the UK’s largest property investment company Inside Track. The property investment organisation which operates weekend-long investment seminars at £2,500 a head announced cuts in its workforce. Inside Track plans to axe 40 of the company's 220 employees the cut backs will affect only the property seminar division of the company. Its three other divisions - a mortgage brokerage called Fuel the property sales arm Instant Access Properties, and AfterCare Solutions support services - will continue operations as before

Luxury Train to Operate in Brazil

Fri, 7 Mar 2008 09:37:16 +0100

Brazil is set to open its first luxury train route in the south of the county in April, 2008. The Great Brazil Express will run throughout the state of Parana for approximately 500 kilometers. It will link the cities of Ponta Grossa and Cascavel, traveling through cities and countryside of this diverse Brazilian state.

Overseas Property Portal Media Partner at EPEX 2008

Wed, 5 Mar 2008 22:33:33 +0100

The overseas property portal Homesgofast.com announced that it has been selected as a media partner for 'The Luxury Property Exhibition' or EPEX 2008 taking place at Olympia National Hall, London, 21 – 22 June 2008. The unique exhibition is aimed at luxury high end real estate from locations world wide. The show concentrates on luxury properties with a price range from £500,000 to £25,000,000.

The Invest in Property Show Has Top Exhibitors

Wed, 5 Mar 2008 13:04:07 +0100

The Invest in Property Show taking place at Old Billingsgate London on 27th March to 29 March 2008 has revealed an impressive line up of exhibitors. The exhibitions goal is to at bring together essential elements of the investment property to the public.

Dubai Is Leading Financial Centre Official

Mon, 3 Mar 2008 21:32:38 +0100

The latest report published by the Global Financial Centres Index or better known as GFCI reveals that Dubai is one of the leading financial centres in the Middle East and is said to ranked fourth in terms of competition in Asia.

Nakeel & Busch Theme Park Venture Dubai

Mon, 3 Mar 2008 12:56:11 +0100

Nakeel in conjunction with Busch Entertainment Corporation, have revealed their plans of developing, 'Worlds of Discovery' which is four theme parks. Busch Entertainment is the family entertainment division of the Anheuser-Busch Company, who are based in Orlando, USA and operate around ten such 'Worlds of discovery' parks in various locations in the US.

Ivana Trump Reveals Le Diamond Dubai

Mon, 3 Mar 2008 12:55:08 +0100

3/03/2008-New York based, Ivana Trump, real estate tycoon has revealed Le Diamond. Le Diamond is a luxury property that is located at Dubai Waterfront. Truly said to be something unique, it is revealed to be a whopping Dh1.5 billion. For this exciting venture known as Le Diamond, Trump has partnered with Indian Real Estate Moguls, Darvesh Group.

Dubai Attracts People From Newcastle UK

Mon, 3 Mar 2008 12:53:43 +0100

03/03/08-Newcastle based Chronicle News reports that the people of Newcastle in the North East of England have been flocking to Dubai in their droves. The success of the direct flights laid on by Emirates means that airline is considering increasing the size of it planes and routes from Newcastle International Airport.

Dubai International Airport Wins Award

Sun, 2 Mar 2008 23:19:25 +0100

Dubai International Airport is not only expanding quickly but has also recently won awards for 'Best Airport' in the Middle East, at the prestigious Business Traveller Awards in Germany, and the 'Fastest Growing Airport' and 'Best Duty Free', at the Naseba Middle East and North Africa (Mena) Airports Awards in Doha.

Canary Wharf Property Has Gone Green

Sun, 2 Mar 2008 12:45:23 +0100

The Canary Wharf area of London has seen some of the most spectacular growth in the city of London in recent years. This district is now home to major international companies, thousands of residents, hundreds of retail stores, restaurants and many cultural activities throughout the year. It will also soon be going green with a new environmentally responsible building the home to KPMG.

Weak Dollar is Bringing more Europeans to the US

Fri, 29 Feb 2008 08:06:11 +0100

The United States Department of Commerce released 2007 tourism figures and it is clear that the weak US dollar is bringing more people from overseas to the country. In 2007 there were an estimated 23.2 million visits from outside North America to the US, up almost 7% from 2006. The largest place of origin for visitors was Western Europe, where the strong Euro and UK Pound are having a big impact.

Bom Sucesso Resort Turning Homes Into Works of Art

Fri, 29 Feb 2008 08:04:48 +0100

Portugal’s Bom Sucesso Design Resort is turning homes into works of art. This luxurious and modern resort is being created on a 270 acre site near the medieval town of Obidos on Portugal's Silver Coast. The resort is less than an hour north of Lisbon and offers a totally unique vision for homeowners. Some of Europe’s most well-known architects have collaborated in the largest modern architecture project ever undertaken on the continent.

Canary Wharf Continues to See Property Development

Mon, 25 Feb 2008 15:21:25 +0100

The Canary Wharf area of London, which has grown tremendously over the past few years, is still seeing significant growth. This area, once home to a bustling port and docks, is now one of the most desired addresses in the city for both businesses and homeowners. It is home to major international corporations, thousands of residents and hundreds of retail shops and restaurants. Additionally, there are cultural events taking place within the district year round.

Green Light Given to New Property Development in Mauritius

Mon, 25 Feb 2008 13:17:23 +0100

The property market in Mauritius received a huge boost today as a heads of agreement was been signed between the SPDL (Sugar Investment Trust Property Development Limited), a subsidiary of the Sugar Investment Trust (SIT) of Mauritius and O&C Mauritius. The agreement will see the development of a fully integrated resort covering 165 acres at Le Bouchon site on the southern part of the Island. The SIT is the largest shareholder based public company in Mauritius. Since it was established in 1994 SIT has seen its assets grow by over six times to more than RS 2bn and its property portfolio is the largest in Mauritius. O&C Mauritius is a joint venture vehicle specifically created between Oriental & African, an international private investment group and the Crombie Partnership, a UK based developer. The directors have significant experience of major international projects including the US$ 15 billion development in Blue City, Oman.

Brazilian Real Estate Set To Benefit From Oil

Mon, 25 Feb 2008 10:04:30 +0100

Brazil is set to join the oil rich nations that have seen their property markets sky-rocket on the back of rising oil prices. Two oil and gas discoveries in the last three months off the coast of Rio de Janeiro will catapult Brazil into the top ten list of oil producing nations. With oil starting to flow in 2010, the economy of Brazil and thus property prices are expected to receive a major boost. Brazil Property Advisors has analyzed the most attractive investments in the Brazilian property market and is delighted to discuss the opportunities.

Super Prime Designer Homes

Fri, 22 Feb 2008 18:56:59 +0100

The Sunday Times reports that that despite a GBP100 million price tag the super rich have been snapping up luxury designer property at London’s One Hyde Park. The luxury apartments which were designed by architect Richard Rogers are due for completion in 2010. Knight Frank one of the estate agents promoting the development said sales had totalled more than GBP 500million with the average price of an apartment at GBP 20 million. The apartments represent real estate priced at GBP 6000 per square foot which is up from the peak prices in 2006 which were GBP 4000 per squire foot.

Obidos Portugal is Chocolate Heaven

Fri, 22 Feb 2008 18:55:18 +0100

The historic town of Obidos in Portugal has been turned into a chocolate lovers dream with its annual chocolate festival. The event is due to come to an on 24th February 2008 but will take place all over again next year. Obidos is a picturesque village near the popular Silver Coast. This small town, about 75 kilometers north of Lisbon is circled by a wall and was once a stronghold with its own castle. In the 13th century it was given to Queen Isabel as a gift by her husband, King Dinis, after she remarked on its beauty. From the center of town you can see for kilometers in all directions. There are vineyards, terracotta roofs and homes, and windmills all about

Homesoverseas.co.uk says Spanish Voluntary tax is illegal

Fri, 22 Feb 2008 16:54:29 +0100

Most residents living in the Spanish village of La Viñuela in the Axarquía, Málaga province has received a letter from the local town hall. It asks them to pay a so-called ‘voluntary tax’ of between €6,000 and €12,000 in order to legalise their unlawfully constructed home.
Around 50 of the inhabitants affected are British, some of who have already paid this peculiar tax. However, Homesoverseas.co.uk has been informed that the town halls request for the ‘voluntary tax’ is in itself “illegal” and so those who have not already paid this toll should seek legal advice with regards to the situation.

Overseas Property Trend For 2008

Thu, 14 Feb 2008 07:20:28 +0100

Cheaper overseas investment property in Dubai, Brazil, Egypt, Turkey and the US appears to be the investing trend for 2008. Enquiries to the overseas property portal Homesgofast.com (http://homesgofast.com) from over 170,000 visitors in January 2008 give an early indication of the most sought after locations; they point to an investor trend towards lower priced properties.

Singapore Real Estate Market is Booming

Wed, 13 Feb 2008 10:55:40 +0100

The Singapore real estate market has been on a decided upswing in recent years, and it has been drawing a wider attention of foreign investors as a result. Prices in the small nation in Southeast Asia have been rising rapidly, with 2007 residential prices increasing by over 30% for the year!

Foreign Currency Summary Report For Sterling

Tue, 12 Feb 2008 09:53:31 +0100

London 12th February 2008- Moneycorp report on the movements behind Sterling last week as it touched highs close to $1.98 Last week's market was typified by strange reactions to odd figures. For Sterling the first of these was the Halifax house price index. It had been expected to fall and it didn't. Yet there was no relief rally for the Pound. A surprise improvement in the UK services sector Purchasing Managers' Index helped Sterling against the Euro but did it little permanent good on other fronts.

David Beckham in Natal Brazil

Sat, 9 Feb 2008 10:37:17 +0100

One of the most famous soccer stars on the planet David Beckham has announced plans of a football academy in Natal Brazil. He describes the new facility as one of the best in the world. During his visit he explains that Natal is a place of tremors excitement owing to new hotels and property in the area. The husband of posh spice also feels that Natal Brazil is an area that will attract celebrities and other football stars.

Two New Real Estate Projects in The Philippines

Fri, 8 Feb 2008 17:02:40 +0100

Philippine property developer Rockwell recently announced two new development projects that will be launched this year in the Metro Manilla area. According to Philippines’ Business World newspaper, officials from Rockwell will begin work later this year on a one-hectare center in Makati City and a 5.5-hectare residential development in Pasig City

Nicaragua Real Estate the Next Costa Rica

Fri, 8 Feb 2008 17:02:03 +0100

For years, the Central American country of Costa Rica has been the place for international real estate investors. With its low cost of living, reasonable property prices and Caribbean coastline, it has much to offer. Now that the market in Costa Rica has matured, other Central American countries are becoming targets for international investors. Nicaragua, just to the north of Costa Rica, is a great location for those who want a great deal. It has been touted in numerous publications as the next great destination in this part of the world, including the Financial Times, Newsweek and the Chicago Tribune, among others

South Africa Housing Becoming More Affordable

Fri, 8 Feb 2008 10:07:35 +0100

Home prices for South Africa have tailed off after seeing double digit increases for most of 2007, according to the most recent news reports. The average rate of growth for all of 2007 was 8.3%, which was the lowest in the residential market in seven years, according to The Times newspaper of South Africa. The median house price in January, 2008 was 570,000 rand, or a little less than £40,000.

Real Estate Agent Sued Over House Price

Wed, 6 Feb 2008 08:15:40 +0100

Real estate agents in the US will be looking closely at a case where one of their own is being sued by a former client. The disgruntled home buyer is taking the agent to court to try and claim compensation for buying an over priced house. The claimant alleges that the real estate agent was aware that the home was over valued by $30,000 and hid this fact to claim a larger commission.

Egypt Property Developer Wants Families Not Investors

Tue, 5 Feb 2008 14:56:20 +0100

Nigel Bailey Director of UK based property company Red Sea Developments is working hard to attract families not hard nosed investors to the companies new development in Hurghada Egypt. The move is in response to international property investors from Germany Russia and the UK who have been buying up developments in the area.

Foreign Currency Sterling & Dollar Report

Mon, 4 Feb 2008 20:08:57 +0100

Sterling started the week full of promise, pushing up through $1.98 to make repeated tests of $1.9550. On Friday the music stopped and the Pound slumped nearly three cents. It eventually found support at $1.9650 and renewed enthusiasm in the Far East this morning had taken it almost to $1.98 by the time London opened. It was therefore virtually unchanged on the week

Tesco Now Estate Agents

Mon, 4 Feb 2008 10:15:06 +0100

Tesco has set the cat amongst the pigeons of UK estate agencies and property portals by announcing that it intends to launch an online estate agency service. The financial strength behind Tesco could see undercutting the traditional estate agencies. The move is response to the difficulty it experienced with it private sellers website services. Rightmove and Primelocation could also be forced, under competition rules, to list Tesco's properties if it becomes a fully fledged agent

Panama City Real Estate Booming

Mon, 4 Feb 2008 10:05:05 +0100

Panama City, Panama is seeing a real estate boom that is drawing the interest of international property investors. The city, located on the Pacific Coast of this Central American country, is seen as one of the hottest places for property in all of Latin America. There are currently more than 35 high rise buildings under construction and more than 300 additional projects in the planning stages. If all the buildings are completed, more than 40,000 units will come on line in the next 5-10 years.

Property in Prague Rising Quickl

Fri, 1 Feb 2008 10:32:33 +0100

Prague is changing with brand new property developments springing up over the city. It is also attracting overseas property investors to buy property in the city. For many people, the city of Prague leads to thoughts of beautiful old architecture, cafes and the Bohemian lifestyle. Lately, though, the capital city of the Czech Republic is seeing some fast rising developments alongside international investment in its economy. The combination makes this city a great place to look for real estate investors who want a home in this part of Europe or a place to earn some rental income.

National Association of Realtors Report

Mon, 28 Jan 2008 15:36:51 +0100

According to the National Association of Realtors, (NAR) the final number of existing homes sold for 2007, including condos, single family houses and co-ops, came in at 5.652 million units. That’s compared to 6.478 million units sold in 2006.

Michael Jackson May Lose Neverland

Mon, 28 Jan 2008 15:31:30 +0100

Trying to raise USD23 million in mortgage finance for a home is not easy in today’s credit squeeze environment. This stark reality is facing Michael Jackson who now faces losing his fantasy land home Neverland. The mortgage broker trying to find fresh financing for Jackson on his $23 million loan held by Fortress Investments is finding it near impossible to find a willing lender.

Barclays Capital and HSBC in Mortgage Lawsuit

Sun, 27 Jan 2008 22:39:29 +0100

27/01/2008 London-The credit crunch and sub prime crisis is rippling right through the financial industry and add to the woes of two big players Barclays Capital and HSBC is a class action lawsuit. Friday 25th January saw the two named in an action brought over the huge collapse of the US biggest mortgage firm Countrywide Financial

Singapore Airlines Wins Best Airline Awards

Sat, 26 Jan 2008 13:56:31 +0100

For those who fly Singapore Airlines, it’s no secret that this Southeast Asia based airline is a great way to travel. Increasingly, though, more and more people are hearing about the great service and amenities that are offered on this often luxurious airline. The US readers of Business Traveler magazine voted Singapore Airlines as the Best Airline in the World in its recent 2007 awards. On top of that award, the airline won for awards from Business Traveler for Best Economy-Class Service in the World, Airline with the Best Cuisine/Meals, and Best Airline for International Travel. Global Traveler magazine also voted the airline as its Best Airline in the World, as well as the Best Airline in Southeast Asia.

Dubai Jumeirah Voted Best Hotel

Sat, 26 Jan 2008 13:55:47 +0100

Dubai’s Jumeirah Beach Hotel has been voted the Best Hotel in the Middle East by the readers of Germany’s prestigious Business Traveller magazine. Additionally, the Jumeirah Group was voted Best Middle East Hotel Chain by the same readers, as reported in various hospitality publications including Hospitality Net.

Bangkok Real Estate Offers Great Value

Sat, 26 Jan 2008 13:55:13 +0100

The Bangkok real estate market is one of the best for international investors who are interested in the Asian market. Research shows that the property market there is much more affordable than other south Asian cities such as Hong Kong and Singapore. Bangkok has a good climate year round and is also close to many recreational activities, such as beaches and tropical resorts.

Overseas Property Cure For January Blues

Thu, 24 Jan 2008 14:36:34 +0100

The gloomy financial reports and the grey skies of the UK officially make January the lowest month in most Brits calendars. It also serves as reason for UK residents to seriously consider buying property abroad. Australia and New Zealand are now the top destinations for Brits leaving the UK

London, New York & Moscow Most Expensive Places To Buy Property

Wed, 23 Jan 2008 17:34:53 +0100

London, New York and Moscow are now the world’s most expensive cities for residential apartment buyers, according a survey by the Global Property Guide an international property research firm.

Best Country To Retire Abroad

Tue, 22 Jan 2008 23:19:14 +0100

Comprehensive research conducted by The Homebuyer and Property Investor Show compared the top ten locations for UK pensioners to retire abroad. The results saw Cyprus and Panama coming tops based on tax, ease of residency, health care and average property costs

Moneycorp & GE Money Join Forces

Thu, 17 Jan 2008 16:21:01 +0100

Overseas property companies and foreign currency specialists are by their very nature intrinsically linked and this has proved the case with Moneycorp, the foreign exchange specialist, announcing today an exclusive partnership agreement with the French property and finance specialist, GE Money Bank.

A Place in the Sun Magazines Top 20 Places to Buy Abroad

Thu, 17 Jan 2008 10:54:37 +0100

According to a survey published in the overseas property magazine A Place in the Sun, Spain remains the number one destination for UK buyers seeking a home abroad. The magazine’s annual Top 20 buying destination report shows that despite a raft of emerging markets and USA property prices down 30% on a year ago and a dollar weakened by 25%, it’s the traditional sun-seeker’s favourite Spain

Rupert Murdoch in Grand Property Renovation New York

Thu, 17 Jan 2008 07:21:05 +0100

Homes of the famous and very wealthy are rarely seen by the public. Rupert Murdoch, head of Newscorp and one of the world’s wealthiest men, is no exception, but renovations to his Manhattan apartment have allowed a brief glimpse into his grand plans. According to a recent article in the New York Times, Murdoch’s triplex apartment on 834 Fifth Avenue is undergoing major renovations, and the work that is being undertaken is so big and expansive that it can actually be seen from the street.

Canada Housing Strong

Thu, 17 Jan 2008 07:19:46 +0100

Canada’s economy is beginning to experience some of the turbulence from south of the border, but so far the housing market appears to be ending the year on a strong note. Existing home sales rose in November, leading to a yearly record in 2007. Bloomberg recently ran several reports detailing the situation in Canada.

Pipa The New Overseas Property Hotspot in Brazil

Thu, 17 Jan 2008 07:17:00 +0100

The popular northeast coast of Brazil has become an international real estate investor's dream, with bargain prices and consistent double-digit appreciation in values. One village that has long been a desired location for both those in the know is Pipa in Rio Grande do Norte. Pipa is about an hour south of Natal in the district of Tibau do Sol. The village has the Atlantic Ocean on one side and the Guarairas lagoon on the other.

Brisbane Property Set for Continued Growth

Wed, 16 Jan 2008 23:38:08 +0100

The city of Brisbane in Queensland, Australia is looking for continued growth in real estate prices, according to recent news reports from Australia. International real estate investors have been very interested in this area, with its great beaches and attractive tourism potential. The Brisbane Times and Australian Property Monitors recently reported that the median home price will be up over $400,000 AUD, and could possibly come close to $500,000 by the end of 2008.

Jessica Simpson, Tony Romo head to Mexico

Wed, 16 Jan 2008 15:43:21 +0100

Jessica Simpson and Tony Romo, the quarterback for the Dallas Cowboys, took some time out and headed to a Mexican resort last week. News reports in a range of media, including UsMagazine.com, People Magazine and the New York Daily News among others, all showed the couple in Cabo San Lucas, Mexico

Top Small Towns in the UK

Wed, 16 Jan 2008 09:25:29 +0100

Buying property in a small town seems to be in vogue in the UK a national daily newspaper has named several of the UK top towns in which to live. Small towns have become more and more popular for real estate investors in recent years. One reason is the value that these locales offer, providing more home for the purchase price than can be found in or near the larger cities. Another reason for their increasing popularity is the better schools that smaller towns provide for families. This is an important concern for those who have school-aged children, and many smaller towns have very good schools.

UK Pensioners save money building and living in Turkey

Wed, 16 Jan 2008 08:42:38 +0100

British pensioners seeking to save money are heading to Turkey’s to benefit from the low cost of living and cheap property prices. What is more they are finding that building their own home is proving a great way to save even more money. Turkey is proving to be the ideal place to buy land and build your own villa - all while leaving enough money to live through retirement.

Overseas Mortgages Now In Croatia & Montenegro

Wed, 9 Jan 2008 15:14:35 +0100

The issue of obtaining finance when buying in an emerging market has always been central to an overseas property investors purchase. According to overseas property portal Homesgofast.com it is one of the main factors why investors shy away from buying property in newer emerging markets.

Real Estate TV Now Part of Fox International

Wed, 9 Jan 2008 12:09:44 +0100

Overseas property on the TV is set to take a leap forward as Fox International Channels (FIC) announced today it has acquired a controlling stake in UK based media company Real Estate TV (RETV).

Bom Sucesso Progresses

Tue, 8 Jan 2008 11:14:42 +0100

The Bom Sucesso Design Resort in Obidos, Portugal is one of the most ambitious projects of its kind. This new resort is based around an 18-hole championship golf course with unique housing and plenty of protections for the natural environment. The housing that is going up is being designed by 23 of the most well-known Portuguese and foreign architects and will be spread out over the development.

Moneycorp report on US Dollar & Sterling

Mon, 7 Jan 2008 18:13:16 +0100

A main feature of the currency markets over the festive period was investors' selective vision with regard to economic data. For the Dollar especially, movements took place as often as not despite, not because of the figures. The end-of-year squaring of short Dollar positions that took four cents off Euro/Dollar went on for reasons of strategy or risk management, not particularly because of any new-found optimism for the US economy.

Luxury Florida Property Auction No Reserve!

Mon, 7 Jan 2008 15:40:15 +0100

Two top Florida Developers are putting scores of properties on the auction market with no reserve prices and no minimum. The luxury apartments on developments in two of the best locations in Florida will be sold to the highest bidder however low that bid might be.

City Money Moving to the Suburbs

Mon, 7 Jan 2008 08:30:59 +0100

While property prices in many parts of the US and UK are experiencing some upheaval, two major cities have had relatively stable, if not rising, prices. New York City, and in particular Manhattan, and London, are still the leaders in their respective countries for housing prices. While the strong market in each of these cities has made it difficult to many to buy in, another phenomenon is the city dwellers cashing out and moving to less-expensive and larger homes outside the city.

Florida Home Buyers Discover Lower Keys

Mon, 7 Jan 2008 08:26:04 +0100

Florida home buyers are discovering a part of Florida that has escaped the crowds and development associated with a modern Florida. Most overseas buyers interested in Florida have heard of Key West, the westernmost of the string of islands along Florida’s southern coast. But just to the east of Key West, for some 36 miles to Marathon in the middle of the Keys, are the Lower Keys. These have long been the forgotten Keys; these fantastic islands were highlighted recently in an article in the New York Times.

Cyprus Property Causes Government Joy

Sun, 6 Jan 2008 13:49:22 +0100

Proof that the Cyprus housing market has been popular with buyers can be seen from the latest financial reports from the Cyprus Inland Revenue. It has been profitable year for the government with bumper tax receipts as a result of the flurry of activity in the property market.

New York City Real Estate A New Design

Fri, 4 Jan 2008 07:09:01 +0100

A new luxury 11-story condominium in New York City is currently being planned and designed by noted Japanese architect Shigeru Ban. This new project is on West 19th Street in what is called the West Chelsea section of Manhattan. This ultra-exclusive building has only eight units in it, with a 1,949 square foot condominium going for $4.1 million USD.

Austria & Portugal See New Architect Designed Homes

Fri, 4 Jan 2008 06:59:13 +0100

The latest trend in new resort developments is for celebrity architects to design luxury getaways and for developers to promote the architects names. In the Austrian Alps, the Edel: Weiss residences are being designed by world-renowned architect MatteoThun . In Portugal over twenty three Portuguese and international architects have designed different sets of villas and town houses for a new resort at Bom Sucesso along the Silver Coast. These one-of-a-kind homes are set to make potential buyers a very good investment as the architects become more famous.

Luxury London House Prices Fall

Thu, 3 Jan 2008 09:10:36 +0100

The high end property market of London, the driving force behind the city’s continually rising real estate prices, has begun to falter as prices suffered the first quarterly decline since 2003. According to news in several media, including the Times Online, the price of prime property fell by 2% over the last quarter of 2007. This information comes from several real estate agents including Savills. Prime property is that valued at more than £1 million.

Property in Bulgaria Warning

Wed, 2 Jan 2008 14:23:55 +0100

Bulgarian property buyers beware is the message from Quest magazine in Bulgaria. The January 2008 issue outlines the pitfalls and plus points of the country's buy-to-let market. The Bulgarian buy-to-let market is still in its infancy however the research indicates pointers for a healthy future in the rental market.

First Time Buyers Rare in the UK

Mon, 31 Dec 2007 08:51:22 +0100

The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093. According to Halifax’ chief economist, Martin Ellis, the age of first time buyers is growing along with the prices. “When they do enter the market,” Ellis noted, “first-time buyers are now more likely to be in their 30s rather than their 20s and buy a flat rather than a terraced house.”

Julia Roberts Attracted to Whitsunday Islands, Australia

Sun, 30 Dec 2007 22:12:02 +0100

The Whitsunday Islands, off of the eastern coast of Australia are becoming increasingly popular for tourists, sun seekers and celebrities alike. With the onset of winter up north, and summer down under, this is the time of year for a trip these spectacular islands. A total of 74 islands make up this chain at the southern end of the Great Barrier Reef, with plenty to offer everyone from the brightest stars to those who just want an inexpensive place to relax in the sun.

Celebrity Architects are Adding Their Names to Resorts

Fri, 21 Dec 2007 13:22:57 +0100

Overseas property developers are increasingly using well known Architects to design their projects and also attract investors to their developments. International property investors have a huge choice of luxury resorts from around the world to choose from. With so much competition attracting the most desirable customers is becoming increasingly difficult. One way in which some resort developers have decided to attract potential buyers is by using high-profile architects on their projects.

Global House Price Report For 2007

Fri, 21 Dec 2007 08:25:59 +0100

A detailed report by economists at Global Property Guide concerning international house prices in 2007 reveals the good, the bad and the ugly in global house prices . The report confirms that the US housing market crashed, Europe’s housing markets slowed and house prices in Asia-Pacific gained momentum. Closer inspection of the report showed some surprising winners and losers

Luxury Resort Aimed At Groups Only in Belize

Thu, 20 Dec 2007 08:27:41 +0100

Palmetto Bay Group Resort is a new, environmentally friendly, group-oriented resort that is being developed on the Placencia Peninsula of southern Belize. This unique property in Belize has a lot to offer international real estate investors. When completed it will be the first completely green resort in the Caribbean. It is also being designed as a group holiday resort, designed to meet the needs of small or large groups. From weddings to corporate retreats, Palmetto Bay Resort Belize will be a unique place to get away from the cares of daily life.

New York Real Estate Market is Stable

Tue, 18 Dec 2007 14:08:03 +0100

The high end real estate market in New York City remains relatively stable, despite the problems that are being seen elsewhere in the United States. With some of the most expensive and most sought-after properties anywhere, the New York market is in pretty good shape, particularly when compared to the rest of the country.

Europeans Have a Money Advantage

Tue, 18 Dec 2007 14:05:31 +0100

With the record lows of the US dollar against the Euro and 30-year lows against the English pound, Europeans have a distinct advantage when it comes to buying things American. This is true for all types of items, from retail goods to real estate. Those who want to invest in property in the US are in an enviable financial situation. Unfortunately, the opposite is true for Americans who live and work in Europe. Many are having a harder time in recent months.

Berlin Housing Market Changing

Thu, 13 Dec 2007 08:01:25 +0100

The city of Berlin is reinvigorating its city center, creating urban spaces where people can work and live without having to travel long distances, and without having to pay huge sums of money for the privilege. Townhouses are at the heart of this urban renaissance in the German capital, and there are currently as many as five projects under way or recently completed, according to a recent article in the International Herald Tribune

US Dollar Update by Moneycorp

Mon, 10 Dec 2007 20:00:10 +0100

London 10/12/07- The Pound remains strong against the US Dollar despite some falls last week. It peaked just short of $2.07 on Monday and again on Tuesday before dropping sharply. It touched a low of $2.02 on Thursday and has spent its time since then climbing laborious back above $2.03.

Italian Property Helped by High Speed Trains

Mon, 10 Dec 2007 09:25:36 +0100

Property in France experienced it when the TGV was rolled out; now Italian property is experiencing a piece-by-piece real estate surge as its own high speed train system is put into place. This is also referred to as the Ryan Air effect, whereby values rise as budget airlines arrive. This is due to the ease of getting to property that was once considered in the middle of nowhere – or at least hard to get to.

UK Houses Prices Fell in November

Mon, 10 Dec 2007 09:24:17 +0100

UK house prices fell for the third consecutive month in November according to data released by Halifax. According to the UK’s largest mortgage lender, home prices fell by 1.1% for the month, following declines of .5% in October and .6% in September. The rate of housing price increases for the full year had fallen to 6.3% through November. That’s down from a high of 11.4% in August and 8.9% in October. The housing news has been highlighted in major media outlets recently, including the BBC and The Guardian.

Australian Real Estate Highs and Lows

Mon, 10 Dec 2007 07:23:17 +0100

The Australian property market has shown signs of slowing according to a report by Bloomberg News. The surprise report is based on Australian mortgage approvals that have fallen for a second month running. The cause appears to be the hike in Australian interest rates which are now at an 11 year high. This is in contrast to the building industry that are experiencing strength with housing construction rising 1.4 percent in the third quarter from the previous three months. In fact this increase contributed 0.1 percentage point in the quarter to gross domestic product, which rose 1 percent.

Florida Mortgages Now Better

Fri, 7 Dec 2007 11:55:14 +0100

International buyers could well be the key to kick starting the Florida property market and a recent alliance may be evidence of this. Stirling Sotheby’s International Realty has joined forces with British Home Loans Florida. The Florida based international mortgage brokerage company specializes in arranging financing for British, European and other 'Foreign National' home buyers in the U.S. The two companies working together are set to make Florida mortgages for overseas buyers more competitive

UAE Boom to Continue For Years

Fri, 7 Dec 2007 10:54:18 +0100

The real estate market in the United Arab Emirates, one of the hottest in the world, is set to continue until 2015 and beyond, according to new reports. Real estate and construction markets in the UAE are primarily focused on Dubai, which has been booming for several years, and the newer market of Abu Dhabi. Two recent studies by HSBC and Damac Capital International of Dubai both indicate that supply will not catch up to demand for a number of years, keeping the markets strong.

Exclusive Hawaii Resort is Expanding

Fri, 7 Dec 2007 10:53:06 +0100

Along the Kona Coast on the big island of Hawaii is the exclusive golf resort of Hokuli`a. This 1,550 acre development has recently opened up a new section of building lots to the general public. Previously, housing was only available to club members, but now there are plans to have as many as 600 units on the property Currently, though, there are only a limited number of sites are available.

US Dollar & Sterling Update

Mon, 3 Dec 2007 19:09:43 +0100

London 3/11/07-There was some good news for the Dollar on Monday night. Abu Dhabi Investment Authority, a sovereign wealth fund, announced that it would invest $7.5 billion in Citigroup, the troubled US financial conglomerate. The investment represents about 5 per cent of the group and is almost enough to cover the losses it has incurred since summer. The market's interpretation was that if ADIA had enough faith in the US financial sector to make such an investment then the Dollar may not be in such bad shape after all.

Moneycorp To Show at Overseas Property Exhibition

Mon, 3 Dec 2007 12:42:25 +0100

London 3/12/07-UK based Foreign exchange specialists Moneycorp are exhibiting at the UK industry overseas property exhibition OPPlive7 on the 4th and 5th December 2007 at ExCel London.

Credit Crunch Not To Blame For House Price Falls

Mon, 3 Dec 2007 12:41:22 +0100

UK house price indicators show reductions in house prices with figures from Nationwide, Halifax, Hometrack, and Rightmove are showing falling prices. A common misconception is that the sub prime market and credit crunch is to blame for this downturn. A look under the surface will reveal that there is not one source to blame. One economics expert spreads new light on the plight of the UK housing market.

Future Bright for Overseas Property Industry

Mon, 3 Dec 2007 12:35:19 +0100

The overseas property industry seems set for a bright future according to predictions from a recent study. The appetite for property abroad seems set to continue with the British and Irish Buyers firmly behind the wheel. In fact the study carried out by Datamonitor has predicted that ownership is set to almost double over the next five years.

British Feel That Property Is Better Than Cash

Mon, 3 Dec 2007 12:34:11 +0100

Recent research commissioned by the BBC has found that the British feel that buying property is better than cash in the bank. The UK housing market like that of the US is now reported to be slowing and with it house price drops are expected. The UK property market looks like it shall be a buyers market with home sellers reducing house prices in order to sell their homes.

Gold Coast Australia Luxury Real Estate To Rise

Sun, 2 Dec 2007 23:01:29 +0100

A new luxury hotel and apartments will go up in Surfers Paradise along the Gold Coast of Australia, according to news just released on Hospitality Net. The Hilton Surfers Paradise Hotel and Residences will have two high rise towers with 170 luxury hotel rooms and 340 premier apartments. The new project will be developed by the Raptis Goup in the central part of Surfers Paradise along Surfers Paradise Boulevard and Orchid Avenue.

MTV Cribs Selling Celebrity Houses

Thu, 29 Nov 2007 08:31:59 +0100

MTV Cribs a TV show that allows anyone interested in celebrity lifestyles to see how their favorite stars live is now being used as a marketing tool to sell property. Successful rapper 50 Cent is going to use the show as a platform to help sell his luxury home. The multi millionaire is selling his mansion after owning the home for only 3 years at a cool $18.5 million price tag.

I am a Celebrity Get Me Out There

Wed, 28 Nov 2007 11:09:30 +0100

The Dubai property market has been consistently active over the last few years with huge numbers of overseas property investors buying in the region. The Emirate has also been revealed as the latest celebrity holiday home hot spot by foreign exchange specialist, Moneycorp. Footballers such as David Beckham and Baywatch star Pamela Anderson now own second homes there. Celebrity couple Brad Pitt and Angelina Jolie recently secured their piece of Dubai by buying an island in the shape of Ethiopia. Dubai’s popularity is set to continue and many Brits look to be following the paths of the celebrities.

Russian Big Spenders To Change Overseas Property Market

Wed, 28 Nov 2007 11:02:24 +0100

The UK overseas property industry magazine Overseas Property Professional (OPP) reports on the new bread of international property buyer that is set to make a huge difference to the industry in 2008. These new buyers are Russian and they have already turned the London housing market on its head.

Brazilian Real Estate New Development Rises

Tue, 27 Nov 2007 14:49:16 +0100

A new resort is called Jacuma Beach; Rio Grande do Norte Brazil has been launched offering overseas property investors opportunities to enter the hot Brazilian real estate market. The development is located on one of the more popular areas for international investment in the northeast coast of Brazil in Rio Grande do Norte. With over 400 kilometres of beaches, 365 days of sun a year and the purest air in South American, there is now plenty to offer investors and home buyers. Just north of the capital city of Natal is some of the finest and most pristine beachfront property in the country.

Paris Buy-to-Let Market is Strong

Tue, 27 Nov 2007 07:46:51 +0100

According to a recent article in the Telegraph, both long-term lets and holiday lets are good investments. People who lease their property to holiday travelers have the added luxury of being able to use it when it is not occupied, allowing them to visit this beautiful city occasionally without paying extra for lodging.

Middle East Buy-to-let Property Investing Report

Tue, 27 Nov 2007 07:04:52 +0100

The Middle East could be the place to invest in overseas property according to a detailed report released by Prince Christian Cruz, Senior Economist at Global Property Guides. With the US and European housing markets slowing, investors are now in search of property overseas that can provide good capital growth. However the report reveals that the Middle East’s housing markets offer both opportunities and dangers

Ionian Islands Tops with British Overseas Buyers

Tue, 27 Nov 2007 06:38:44 +0100

Lured by beautiful beaches, breathtaking scenery and reasonable prices, overseas property investors have been turning towards the Ionian Islands off the west coast of Greece. These islands – which include Corfu, Paxos, Lefkas, Cephalonia, Ithaca and Zakynthos - are not nearly as populated as the islands in the Aegean and aren’t overrun with the tourist resorts or major developments of many other Mediterranean coastal areas. That’s not to say there isn’t a developed tourist industry – it is the major industry here - but it’s just not as overwhelming as in many places.

Foreign Currency Market Update

Tue, 27 Nov 2007 06:37:03 +0100

Thursday's Thanksgiving holiday was not celebrated by the Dollar. It had little indeed to be thankful for other than micro-improvements in a couple more statistics relating to the residential property market. The NAHB housing market index, which measures builders' optimism, went up by one point to 19 from the previous month's record low. The following day there was an equally modest but similarly unexpected increase in the number of building starts.

Edinburgh House Prices Fall, Scottish Market Still Strong

Mon, 26 Nov 2007 07:27:40 +0100

House prices in Edinburgh have fallen by 5.6% for the past three months, but that's the only part of Scotland that has had a drop in prices over that period. Although prices have fallen, over the past year they have still grown substantially. At the beginning of November, prices in Edinburgh were 18% higher than a year ago, and they are the highest in Scotland with an average price of £220,066

Joe Calzaghe & Overseas Property

Fri, 23 Nov 2007 17:01:24 +0100

Boxer Joe Calzaghe is into overseas property in a big way with the help of UK based agents The Right Move Abroad. The undefeated world super middleweight boxing champion knows a bargain when he sees one and has bought in numerous places abroad.

Overseas Property Developers Fraud

Thu, 22 Nov 2007 07:48:58 +0100

The need for due diligence checks on overseas property developers was highlighted today when an Australian property developer received a four year jail term for fraud. Robert Orehek, a Sydney-based property developer pleaded guilty to two charges of fraudulently misappropriating investors ’ funds. He raised $20 million from investors and used the funds largely to pursue a James Bond lifestyle which included the purchase of a Red Ferrari a new Porsche and a Ducati motor bike.

UK Property Search Engines Rise

Thu, 22 Nov 2007 07:32:12 +0100

The concept of a Google Style search for UK property is an attractive one for both consumers and UK estate agents. A single place to visit to find UK property could take property web site surfing into the past. This concept is already a reality with Nestoria.co.uk but it seems this could be taken to a new level with a website backed by News International. The news giant who owns propertyfinder.com is soon to launch its own search at Globrix.com.

Brazilian Real Estate & US Retirement Investors

Thu, 22 Nov 2007 04:17:18 +0100

As the Baby Boom generation in the United States starts to retire, a good number of them are looking overseas for their next home. Countries such as Brazil, Costa Rica, Panama and Belize are the real estate hot spots for retirement investors. With housing costs much less than in the US, excellent health care, lots of sun, warm temperatures and spectacular beaches, its easy to see why people look overseas for retirement homes. Of the countries that are the most popular for US retirees, Brazil stands out because of the excellent infrastructure and bargain housing prices.

Brazil Property Advisors Come To UK Investors

Wed, 21 Nov 2007 11:33:03 +0100

The appeal of Brazilian property to the UK buyer is so strong that one company is capitalizing on this by setting up in central London. Brazil Property Advisors which is staffed by Brazilians have over 30 years experience in Brazil real estate and see the UK as a strong market to enter.

Property Ladder Sarah Beeny Now Dating

Mon, 19 Nov 2007 08:58:24 +0100

UK TV show Property Ladder has been one of the most popular property television shows in the UK for years; it has helped satisfy the UK hunger for property related TV shows. The presenter Sarah Beeny 35 is now a household name and her advice is sought by investors who are about to embark on investing in real estate. Sarah Beeny is now capitalizing on her position by launching her own dating website.

US New Home Sales Up For September 07

Mon, 19 Nov 2007 08:08:43 +0100

News reports from the United States provided some much needed good news for the beleaguered housing market. Sales of new homes were up 4.8% for the month of September, rising to a seasonally adjusted rate of 770,000 for the year from the August rate of 735,000. The latest figures are according to the US Commerce Department in news reports from Reuters.

Overseas Property Investors & Western New York

Mon, 19 Nov 2007 07:56:31 +0100

Western New York Real Estate is offering extreme value for money for overseas property investors. One UK based agency has now sold over 100 Western New York homes to UK investors who are keen to get in on the action. Homes are available from only £10,000 and coupled with a strong pound the state is proving irresistible.

Celebrities Brad Pitt and Angelina Jolie Buy Property in Dubai

Sun, 18 Nov 2007 12:53:27 +0100

Celebrity couple Brad Pitt and Angelina Jolie have joined the thousands of international buyers in securing Property in Dubai. The film star couple have spent a little more than the average investor by buying an island in the shape of Ethiopia.

British First Time Buyers Going To France

Sat, 17 Nov 2007 22:07:47 +0100

France has consistently been a favorite amongst the British middle classes buying property abroad. Buyers range from the well-healed looking for a bolt hole in the French countryside to those searching for the ideal place to retire overseas. However France is now attracting a new type of French property buyer. Overseas property portal Homesgofast.com reports that 2007 has been the year for the UK first time buyer searching for property in France, hard pressed buyers now see France as a means to get on the property ladder.

Foreigners Buyers in Manhattan

Sat, 17 Nov 2007 22:06:52 +0100

The New York City real estate market is seeing an influx of investors from abroad, helping to keep the market going strong. Many of these overseas property buyers have no intention of living on Manhattan, where most of the property is being purchased. Rather, they see it as a good opportunity for rental income and a long term investment that will appreciate.

Brazil Named as World Cup 2014 Host

Sat, 17 Nov 2007 22:03:12 +0100

FIFA, the international football federation, has recently announced that Brazil will host the World Cup Finals in 2014. The country, which has won the tournament a record five times and hosted it in 1950, is set to undertake massive renovations and infrastructure projects to be able to host the competition.

Expats in Brazil helped by Internet

Thu, 1 Nov 2007 10:28:09 +0100

When overseas citizens move to a foreign country, life can be a bit challenging, certainly at first. Having a support group or some source of information on life in that country is one way to help expats settle down and feel more at home. For those who move to Brazil, there is often quite a bit of culture shock. Fortunately, there is at least one source of information, a website called gringoes.com.

Turks and Caicos Property Buyers on Providenciales

Thu, 1 Nov 2007 10:27:00 +0100

Overseas property lovers in search of a Caribbean dream home on Turks and Caicos need to get their skates on as the islands become more popular. The Caribbean destination is becoming a firm favorite with luxury overseas property buyers, particularly with the British. Property prices have been reasonable, however buyers are now finding that bargains are being snapped up and will soon be very hard to find. The most popular island on Turks and Caicos for tourists and foreign real estate investors is Providenciales, or Provo, as it is locally known

US Dollar and Sterling Moneycorp Advice

Tue, 30 Oct 2007 17:22:36 +0100

The Dollar and Sterling still seem to be the talk of the town; the US Dollar staged a swift rally in a thin market simply because investors were not prepared to chase the Euro higher after the weekend's record high. Without the Euro to drive things forward Sterling was subject to a similar round of profit-taking. Some innocent bystanders will have been hurt in the scramble but most simply stood aside and waited for the clear out to run its brief but spectacular course. By evening things had returned to normal and the world was once again engaged in shorting the Dollar.

UK Housing Price Growth Slowing

Tue, 30 Oct 2007 17:20:50 +0100

House prices in England and Wales are still growing, according to data released by the Land Registry, but the rate of growth is slowing a bit. Prices in September rose .4%, bringing the annual growth rate down to 8.7% from 9.4% in August. The cost of the average house rose to £183,896 in September.

Good Mortgage News For Florida Home Buyers, Builders & Realtors

Tue, 30 Oct 2007 17:06:35 +0100

British Home Loans Florida Inc., the Orlando-based “Foreign National” mortgage specialists, have announced the highly successful results of a year-long market test of an innovative and timely multi-currency home loan specifically designed for Foreign National and US investor home buyers in Florida. British Home Loans specialises in assisting Florida builders and Realtors wishing to increase their home sales to the ever-growing “Brit” market in Florida. A recent research study by the National Association of Realtors estimates that the large and growing UK home sales in Florida now totals over $1 billion a year this is in stark contrast to the softening US domestic home sales market.

Vancouver is Most Expensive Market in Canada

Sat, 27 Oct 2007 08:38:25 +0100

The Canadian real estate boom has seen prices rise throughout the country, and Vancouver has become the hottest market. Century 21 Real Estate completed a survey of worldwide real estate earlier this year, and determined that downtown Vancouver is the most expensive market in Canada for housing

US New Home Sales Rose 4.8% in September

Fri, 26 Oct 2007 23:36:52 +0100

Newfoundland Real Estate a Hidden Treasure in Canada

Fri, 26 Oct 2007 23:35:49 +0100

The Canadian province of Newfoundland has seen property values rise to record levels recently, but the home costs are still well below the national average. This east coast province, officially named Newfoundland and Labrador and bordering the Atlantic Ocean, has some of the most spectacular coastline anywhere and is an outdoor lovers dream.

Cape Verde Real Estate Huge Investment Takes Place

Wed, 24 Oct 2007 07:59:49 +0100

A new resort development is now under construction on the island of Sal, Cape Verde Islands. These islands, off the horn of Africa, are the closest tropical islands to the UK and are becoming a popular destination for holiday travelers and international real estate investors. Pedra de Lume is a spectacular new resort situated between the historic salt mines and white sandy beaches on Sal. News reports in indicate the investment in this resort will be some €280 million.

Flight News For Cape Verde & Brazilian Property Investors

Wed, 24 Oct 2007 07:58:58 +0100

The national airline of Cape Verde Islands, TACV Cabo Verde Airlines, is looking to increase its flights to Brazil with the coming of the holiday season, according to reports in Afrol News. TACV currently offers weekly flights every Friday into Fortaleza in the northeast Brazilian state of Ceara. These flights originate in Praia, Cape Verde Islands, with connections to Lisbon. The airline plans to increase that to twice weekly and add a new flight with a final destination of Recife or Belem. Both of these destinations are popular tourist spots and ones that have been attracting overseas property investors . Property For Sale in Brazil>

Bom Sucesso Opens London Showroom

Mon, 22 Oct 2007 23:56:16 +0100

A new luxury resort development along the Silver Coast in Portugal is drawing interest from international real estate investors. Bom Sucesso Design Resort and Spa, located outside of Obidos, has just opened a showroom in the Knightsbridge section of London. This new development is being constructed around a championship golf course and also hosts many amenities for guests and home owners.

Irish Solicitor Goes on Overseas Property Spree

Mon, 22 Oct 2007 23:55:23 +0100

Dublin Solicitor Michael Lynn was brought before the High Court in Ireland on charges that he used clients money to purchase overseas property and draw down some €26 million in loans, according to news reports. Mr. Lynn was the solicitor for Proper T Capel and Kendar Holdings Ltd. and owned over 100 properties, with some 40 in Slovakia, Bulgaria, China, Spain, England and Dubai.

GE Money's British Mortgages Abroad Ceases Lending in Florida

Thu, 18 Oct 2007 08:32:06 +0100

Florida, 18th October 2007 – GE Money’s British Mortgages Abroad, the most popular mortgage lender with British home buyers in Florida, is no longer accepting mortgage applications

Dubai's Dramatic Past, Present and Future

Wed, 17 Oct 2007 13:37:50 +0100

Over the past few decades the Emirate of Dubai has undergone a stunning and improbable change. From a small, oil-dependent part of the UAE, Dubai has become a world-class city and tourist destination with some of the most ambitious and impressive buildings and construction projects in the world. This transformation can be seen in a unique set of images that Nakheel, one Dubai's largest real estate developers, has released on its corporate website here.

Brooklyn Offers an Affordable Alternative to Manhattan

Tue, 16 Oct 2007 18:14:40 +0100

Just across the East River from the skyscrapers – and their equally tall real estate prices - of Manhattan is Brooklyn. This borough, still part of New York City, has long bee seen as an affordable alternative to the high prices in downtown New York on Manhattan Island. Some neighbourhoods have become quite popular and now rival the more expensive places in the city, but for many people who want to live in the city, Brooklyn is a good option.

New To Central America Home Buying Vacations

Tue, 16 Oct 2007 18:13:32 +0100

Central and South America are increasingly popular locations for second homes, with good prices, plenty to do and warm weather in abundance. With the rise in second homes has come a new business – the home-buying vacation. Vacation and tour operators have realized there’s a big opportunity for those who want to search for a second home, but don’t want all the hassle of doing everything on their own. The New York Times recently ran an article spotlighting these tours.

Cape Verde Real Estate Investors Have Wider Smiles

Tue, 16 Oct 2007 18:12:03 +0100

One of the main elements that overseas property investors look for in an emerging real estate market is accessibility. The recent news that Cape Verde is now even easier to get to is set to have a positive effect on the housing market on the islands. TACV, the national flag carrier of the Cape Verde Republic recently announced that they will be flying direct flights from London Stansted to Cape Verde from October 29th 2007.

Berlin Real Estate Just Got Better

Mon, 15 Oct 2007 21:49:44 +0100

Investors in Berlin property will be pleased to hear that Berlin is will be even accessible from January 2008. Lufthansa has added a new route from London City Airport to Berlin-Tegel. Overseas property investors have been attracted to Berlin a city that houses a population that prefer to rent rather than buy. Its strong rental market is made even more attractive by its low priced real estate stock.

Sterling Against The US Dollar

Mon, 15 Oct 2007 18:49:15 +0100

London 15th October 2007-Sterling explored a range of almost two and a quarter cents, first dropping to $2.0250 then rising to $2.0475 before falling back to Tuesday's low. On Friday it added a cent to open this week 50 ticks lower than a week ago.

Essex 5 Million Pound Luxury Property Being Sold Online

Mon, 15 Oct 2007 09:38:59 +0100

The owners of a luxury home with a guide price of 5 million pounds located in Essex UK have decided to sell the house themselves online. The move would potentially save the owners almost £100,000 in UK estate agents fees. The unique for sale by owner property offers some very outstanding features and is being billed as the largest home recently built in the South East of England. Homesgofast.com which is promoting the home report on a growing trend in owners listing their millionaire homes on the internet

Cornwall The Place to Buy Your Second Home

Sun, 14 Oct 2007 12:39:38 +0100

The southwest part of England has been a holiday spot for UK residents for years, and now many are purchasing instead of renting. Though letting a house or apartment is still a popular, and reasonably-priced, way to find a holiday home, owning a second home here and throughout the UK is becoming more and more popular. Recent articles in the Times Online and the New York Times have highlighted the popularity of buying holiday homes in Cornwall and other popular areas

The Verandah Luxury Resort is Opening in Antigua

Sat, 13 Oct 2007 15:49:19 +0100

The Verandah Resort and Spa is set to open on the north-east coast of the Caribbean island of Antigua on October 19. This new resort is an ideal family holiday destination, with a pristine setting that has white sandy beaches leading to crystal clear turquoise waters. Dramatic sunrises serve as early morning wake up calls as guests can look out over the eastern Caribbean and Atlantic Ocean.

Emirates Millionaire Show 2007

Thu, 11 Oct 2007 10:08:34 +0100

The second edition of the Emirates Millionaire Show will take place from December 13th through the 15th at the Dubai International Finance Centre (DIFC) in Dubai. Emirates Millionaire Show is a three-day extravaganza that showcases the top luxury brands and products in the world to a select audience. This show offers an extraordinary opportunity to see and purchase all the best luxury goods in one setting. It is also a unique opportunity for companies to introduce their high-end products into the Middle East market.

Dubai Airport Continues to Set Records

Tue, 9 Oct 2007 13:57:52 +0100

Dubai International Airport (DIA) is having another banner year, setting new records for passengers and cargo moving through it. As the primary gateway to the booming Emirate along the Persian Gulf, DIA has expanded to keep up with demand. From January through September of 2007, 25.4 million passengers passed through the airport, an increase of just over 19% from the same period in 2006. August and July were the busiest months for the airport this year with 3.2 million and 3.08 million passengers, respectively.

Millionaire Homes at The Plaza Hotel New York City

Tue, 9 Oct 2007 13:56:47 +0100

The Plaza Hotel in downtown New York City is one of the icons of the city, located at the intersection of Central Park and Fifth Avenue. For many visitors to Manhattan and New York, stars and regular people alike, nothing has been as representative as staying at the Plaza when in town. Now, part of the famous 100-year old hotel is being turned into condominiums for those who actually want to own a piece of the legendary building. Some famous guests of the hotel include Duke Ellington, Stevie Wonder, Marlene Dietrich and Earnest Hemingway. When touring, The Beatles took a whole wing in 1964.

Foreign Currency News By Moneycorp

Mon, 8 Oct 2007 20:03:56 +0100

Foreign currency news is always important to overseas property investors and with the strength of the pound against the US Dollar currency news is playing important element to the decision making process. Having begun last week above $2.0450 Sterling took three days to slide below $2.03 before a recovery on Thursday and Friday that brought it back up to $2.04 in readiness for this Monday's London opening.