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International Real Estate News


International Real Estate News
International Real Estate News and Views ideal for anyone interested in global real estate and overseas property
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Two New Real Estate Projects in The Philippines
2008-02-08 18:04:00
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.
More About: Projects , Estate , Real Estate , Real
Real Estate Agent Sued Over House Price
2008-02-06 09:17:00
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.
More About: House , Agent , Estate , Real Estate , Real Estate Agent
Egypt Property Developer Wants Families Not Investors
2008-02-05 16:00:00
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.
More About: Property , Developer , Families , Investors
Foreign Currency Sterling & Dollar Report
2008-02-04 21:12:00
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.
More About: Dollar , Report , Currency , Foreign
Panama City Real Estate Booming
2008-02-04 11:12:00
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
More About: Estate , Real Estate , Panama , Real
Tesco Now Estate Agents
2008-02-04 11:12:00
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.
More About: Estate , Agents , Tesco , Estate Agents
Property in Prague Rising Quickly
2008-02-01 11:34:00
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.
More About: Property , Prague
Michael Jackson May Lose Neverland
2008-01-28 16:41:00
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.
National Association of Realtors Report
2008-01-28 16:39:00
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.
More About: Report , National Association of Realtors
Barclays Capital and HSBC in Mortgage Lawsuit
2008-01-27 23:41:00
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
More About: Lawsuit , Mortgage , Mort
Bangkok Real Estate Offers Great Value
2008-01-26 14:53:00
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.
More About: Estate , Real Estate , Great , Offers
Dubai Jumeirah Voted Best Hotel
2008-01-26 14:52:00
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.
More About: Dubai , Meira
Singapore Airlines Wins Best Airline Awards
2008-01-26 14:51:00
For those who fly Singapore Airline s , 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.
More About: Awards , Wins
Overseas Property Cure For January Blues
2008-01-24 15:38:00
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
More About: Blues , Property , Cure , Overseas
London, New York & Moscow Most Expensive Places To Buy Property
2008-01-23 18:38:00
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.
More About: London , Places
Moneycorp & GE Money Join Forces
2008-01-17 17:22:00
Overseas property companies and foreign currency specialists are by their very nature intrinsically linked and this has proved the case with Money corp, the foreign exchange specialist, announcing today an exclusive partnership agreement with the French property and finance specialist, GE Money Bank.
More About: Join , Forces
A Place in the Sun Magazines Top 20 Places to Buy Abroad
2008-01-17 11:53:00
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
More About: Magazines , Places
Pipa The New Overseas Property Hotspot in Brazil
2008-01-17 08:25:00
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.
More About: Property , Hotspot , Overseas
Canada Housing Strong
2008-01-17 08:24:00
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.
More About: Canada , Housing , Strong
Rupert Murdoch in Grand Property Renovation New York
2008-01-17 08:23:00
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.
More About: Property , Grand
Brisbane Property Set for Continued Growth
2008-01-17 00:39:00
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.
More About: Growth
Jessica Simpson, Tony Romo head to Mexico
2008-01-16 16:51:00
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
More About: Jessica Simpson , Head
Top Small Towns in the UK
2008-01-16 10:31:00
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.
More About: Towns
British Pensioners Building and Living in Turkey
2008-01-16 09:44:00
British pensioners seeking to save money are heading to Turk ey ’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.
More About: Building , Living , British
Overseas Mortgages Now In Croatia & Montenegro
2008-01-09 16:46:00
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.
More About: Croatia , Mortgages , Overseas , Mort , Mont
Real Estate TV Now Part of Fox International
2008-01-09 13:11:00
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)
More About: Real Estate , Part
Bom Sucesso Progresses
2008-01-08 12:20:00
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.
US Dollar & Sterling a report by Moneycorp
2008-01-07 19:14:00
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.
More About: Report
Florida Developers Hold No Reserve Auction
2008-01-07 16:48:00
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.
More About: Auction , Hold , Reserve
Florida Property Buyers Discover Lower Keys
2008-01-07 09:33:00
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.
More About: Property , Florida , Buyers
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