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    David Howells

Cyprus property market turning a corner

Property professionals in Cyprus have reacted with cautious optimism after new figures reveal the island's property slump could be on the verge of reversing, news.cyprus-property-buyers.com reports. Whilst the number of new contracts deposited at the Cypriot Land Registry still posted a decline duri

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Bahamas tourism boom set to impact property market

An improvement in tourism prospects for the Bahamas is also set to have a positive effect on its housing industry, twtrp.jp reports. The Bahamas have long been a favourite tourist spot for travellers from across the world. Now, with holiday bookings to the islands buoyant, it could also soon become

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One fifth of Brits own a second property abroad

Around a fifth of Brits have taken the plunge and bought an overseas property, localuknews.co.uk reports. New research conducted for the Telegraph Weekly World Edition found that around 20 per cent of Brits now own a foreign property, be it for permanent residence or as a holiday home. Not only th

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Construction in Ireland on course for recovery

Ireland's construction industry is beginning to show strength after the debilitating crash which saw projects across the country grind to a halt, navbug.com reports.  Ireland was among the worst affected by the financial crash, seeing property values plummet to a level where many new builds became

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Almost half of sellers downsizing

Many Brits who are looking to sell their home will do so in order to free up cash tied up in large properties, express.co.uk reports. According to new research by Lloyds bank, almost half of those who plan to sell their house within the next three years will be downsizing, as they look to smaller

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Dubai property market showing signs of strength

Measures introduced to help keep the Dubai property market from spiralling out of control appear to have had the desired effect, tradearabia.com reports.  Following a high profile boom and bust period, lawmakers in Dubai sought to limit mortgage allowances and double registration fees to prevent lo

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IMF warns of Dubai property bubble

The International Monetary Fund (IMF) has claimed that a brand new property bubble could be forming in Dubai, gulfbusiness.com reports. In the run up to the global financial crisis of 2008, Dubai saw one of the most concentrated price bubbles on earth. This also meant, however, that when the crash c

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Paramount Theme Park to send Spanish house prices soaring

The long awaited opening of a huge new theme park in Spain could boost property prices in nearby areas, propertywire.com reports. A new Paramount Theme Park - created by the film corporation responsible for Titanic, Indiana Jones and Top Gun, among many others - is set to open in Murcia, Spain, du

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Steve Martins Caribbean home is on the market

Comic actor Steve Martin has put his Caribbean villa on the market for the princely sum of $10.5 million (£6.6 million), businessinsider.com reports. Villa Au Soleil (Villa in the Sun) sits high up in the hillsides of popular Caribbean island, St Barts. In true superstar fashion, it offers a 180

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Dubai rolls out wide-reaching mortgage reforms

New mortgage rules have been rolled out by the UAE Central Banks for those buying property in Dubai, propertywire.com reports. The rules have been rolled out in the hope of avoiding a similar property boom and bust cycle as witnessed in the mid 2000s, where prices soared before plummeting when globa

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