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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
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Articles

Dubai Pearl is Redesigned and Under Way
2008-06-10 19:14:00
The Dubai Pearl , a self-contained living and working city within a city, has been redesigned and is now under construction once again. This project is one of the freehold developments with the Emirate near the coast at the entrance to the Palm Jumeirah Island and is the largest private development within Dubai
Sir Norman Foster Build Island in Moscow
2008-06-10 19:13:00
British architect Sir Norman Foster and his firm, Foster + Partners, are working on a new, mixed-use development for Moscow called Crystal Island . When completed, this city within a building will house the largest area within one structure anywhere in the world. It will hold apartments, hotels, an international school, movie theatres, sports complex and more. It is schedule to be completed by 2014 and will sit on the Nagatino Peninsula of the Moscow River, about 7 kilometers from the Kremlin.
More About: Build
Cape Verde Reveals First 6 Star Resort
2008-06-09 10:44:00
The emerging property hot spot Cape Verde sees the first true 6 star development on Boa Vista Island the furthest east of the Cape Verde archipelago. Cape Verde which is located, 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. The resort at Palm View is one of the world's few 6* resorts and is just 5.5 hours from the UK
More About: Star , Resort
Secret Valley Golf Resort Develops in Cyprus
2008-06-09 10:43:00
The Secret Valley Golf Resort is one of the most popular golf clubs on the island of Cyprus and is currently developing itself into a complete holiday resort. Located 18 kilometers east of Paphos, on the western end of the island, the resort is convenient to the city and international airport. It has one of the best courses on the island and will soon have another one to complement it.
Damac Properties Now in Kurdistan
2008-06-09 10:43:00
Damac properties global expansion does not seem to be showing signs of slowing. The luxury property developer which started life in Dubai as a catering company announced its newest project in Kurdistan . The first phase of the project in the region will be Tarin Hills Development covering 170 million square feet in Erbil and estimated to cost $4.5 billion. The project will start by the end of this year and will include residential and commercial buildings.
More About: Properties
Ciovo Croatia offers Prime New Properties
2008-06-09 10:42:00
The island of Ciova on the Dalmatian Coast of Croatia is quickly becoming a very hot area for international property investors. The island is 30 kilometers by way of road from Split, the largest city along the coast. It is near to the Split Kastela/Resnick International Airport (SPU), just a 15 minute drive, and has several popular resort areas for tourists. It also boasts a number of new developments, so if you are looking for off-plan property, this is definitely one place to consider.
More About: Offers , Prime , Properties
Vancouver The Best Property in Canada
2008-05-31 10:37:00
The Canada Mortgage and Housing Corporation, which serves as the country’s national housing agency, is predicting an 8% increase in home prices for the metro Vancouver area. That’s in comparison to an 11% increase for all of 2007, and will still leave the city with the highest prices in the country. "What we're expecting is a bit of moderation," said Robyn Adamache, senior market analyst with the Canada Mortgage and Housing Corporation. "Prices are going to continue to increase, but at a slower pace than we've seen over the past couple of years." Adamche was quoted in a recent International As United States and some Canadian real estate markets have been hit by the slowdown in housing sales, Vancouver continues to shine. While things might look to slow a little, prices will still increase and the city in western Canada expects to be doing a brisk business throughout this year and into the foreseeable future.
More About: Property
Plovdiv is Top Draw in Bulgaria
2008-05-29 10:55:00
The central Bulgaria n city of Plovdiv is becoming a popular tourist site in one of Eastern Europe’s most popular countries. International visitors and second home purchasers are looking for more and more homes and destinations in this country. In 2007, Bulgaria experienced one of the highest growth rates of tourism in the world, according to Clement Wong, travel and tourism manager for Euromonitor International, a global market research firm. With some of the oldest sites and ruins anywhere in the world, Plovidv has gained a reputation as a history buff’s dream location. Located 150 kilometers southeast of Sofia, Plovdiz has a population of almost 350,000 residents. It ranks as the second Bulgarian city in population, size and significance, after the capital of Sofia. In addition to being an important cultural, historic and tourist centre, Plovdiv is a regional administrative centre. The location in the center of the country makes it convenient to get to any other part of...
More About: Draw
Property Sales in Thailand on the Rise
2008-05-29 10:54:00
A rise in tourism and international airline flights has helped to increase the sales of property in Thailand , according to a new report. Real estate firm CB Richard Ellis, the nation’s largest international provider, notes that soaring investment in Thai property is, in large part, attributable the popularity of the country as a tourism destination
More About: Property , Sales , Rise
Vietnam to Permit Foreign Ownership of Apartments
2008-05-29 10:53:00
Vietnam’s National Assembly recently adopted a resolution that permits foreigners who live in the country to purchase apartments. This will aid the country’s real estate market and give a boost to international companies who do business in Vietnam, and particularly their employees who live and work there. Ho Chi Minh City, formerly Saigon, is the main economic and cultural center for the country and it will be affected most directly by the new resolution. There are a number of industrial parks and residential cities in and around the greater metro area, and these will benefit as soon as it goes into affect in the beginning of next year.
More About: Vietnam , Apartments , Foreign
Exclusive Exhibition EPEX 2008 Free To Attend
2008-05-29 10:52:00
EPEX 2008 , the Exclusive Property Exhibition , is only a few weeks away. Set for 21-22 June, 2008 at Earls Court and Olympia National Hall in London, this is the show for international property investors and sellers. This unique property exhibition is for anyone interested in purchasing premier properties and the latest in luxury home furnishings. Exhibitors are primarily estate agents and brokers with properties all around the globe valued at over £500,000. Best of all the exhibition is free to attend Property agents, realtors and individual owners will all be on hand to display their distinguished real estate and let you know why you should invest in their particular offering. There is no other showcase quite like this, anywhere in the world, where you can find so much high quality property and do your comparisons right there, all in one place.
More About: Free
Tourism in Egypt Growing
2008-05-27 19:54:00
Tourism in Egypt grew by 20% in 2007, according to the United Nations World Tourism Organization (UNWTO). The Middle East, despite continuing turmoil, is one of the strongest tourism markets in the world, according to the report. For all of last year, some 46 million tourists visited the Middle East, and 10 million came to Egypt. The capital city of Cairo and the tourist resorts of Sharm El Sheikh and Hurghada remain among the most popular destinations in the country.
More About: Tourism , Growing
Dubai Real Estate Investor Warning
2008-05-24 09:24:00
The market needs to slow down,” Marwan bin Ghalita, chief executive of Dubai ’s Real Estate Regulatory Agency, or Rera, told Zawya Dow Jones in a recent interview. “There are too many speculators and they can hurt the real estate market. Real estate isn’t like the stock market, it’s a long term investment,” he said. “Only in Dubai you see people flipping apartments to make fast money and this isn’t helping the market.”
More About: Real Estate , Investor , Warning
Good News Its 11 am for the US Housing Market
2008-05-20 23:38:00
I have equated international real estate markets with the times of the day, this came to me as we turned the phones on to the 9am caller. These were the best calls to receive they tend to be motivated buyers so keen they are waiting for your office to open! They have been up all night doing research and have woken with one thing on their minds buying an overseas property
More About: News , Market , Good News , Housing , Good
Young British Buy in Bulgaria Rent at Home
2008-05-16 11:29:00
The Bulgaria n property market is still buoyant and looks set to grow even further. It seems there is no better time than now to invest in Balkan bricks and mortar. Despite this positive forecast, many first time buyers remain reluctant to actually put down roots in Bulgaria. This could be due to preconceptions about the country which include, fear of the language barrier, its reputation for being a haven for senior citizens and worries about employment prospects. However, before writing off the possibility, younger and first time buyers should consider that there are infinite options open to them in Bulgaria.
More About: Home , British , Young , Rent
Celebrity Restaurants Being Sold Off
2008-05-11 08:50:00
Conrans restaurants feature regularly in gossip magazines and are haunts of the paparazzi as they attract a wealth of celebrity diners. Kate Middleton, the girlfriend of Prince William, was recently seen at Sir Terence's Bluebird restaurant in Chelsea whilst Quaglino's is a regular haunts for wealthy diners.
More About: Celebrity , Restaurants , Sold
British Property Millionaires on the Rise
2008-05-11 07:58:00
Britain’s Halifax estate agency undertook research which reveals some surprising results relating to the sale of homes in the UK that have a price tag of 1 million pounds. It showed that the number of million-pound properties sold across the UK had risen by more than a third in 2007
More About: Property , British , Rise
Luxury Property Exhibition Continues to Grow
2008-05-07 20:51:00
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
More About: Luxury , Property , Exhibition , Grow
Holiday Market Drives Demand for Lanzarote Property
2008-05-07 16:53:00
According to official statistics recently released by Spanish airports operator AENA and the Cabildo de Lanzarote. Lanzarote’s key market – the UK – has played a leading role in this upswing. With British visitor numbers climbing by an impressive 8.7% during the first three months of this year 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
More About: Holiday , Market , Property , Demand
Russian Property Investors Love Australian Gold Coast
2008-05-04 00:36:00
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.
More About: Love , Property
Sam Zell Likes Brazil as an Investment
2008-05-01 23:03:00
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 Investment s
Foreign Currency Update
2008-05-01 15:05:00
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.
More About: Update , Foreign
Euro Mediterranean Project To Transform Marseille
2008-04-29 09:59:00
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.
Sam Zell Positive About Brazil Property
2008-04-29 00:09:00
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
More About: Property , Brazil , Positive
Bologna Italy Now More Attractive
2008-04-28 09:08:00
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.
More About: Attractive
Emerging Markets Help Overseas Investors Survive
2008-04-28 09:07:00
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.
More About: Markets , Survive , Investors , Overseas
London Holds Romanian Property Seminar
2008-04-23 08:57:00
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.
More About: Property , Seminar , Romanian , Holds
Euro Hits Record High Against Dollar
2008-04-23 08:56:00
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.
More About: Dollar , High , Hits , Record
New Flights to Dubai
2008-04-23 08:55:00
Two international airlines recently announced new service to Dubai and Abu Dhabi, increasing the emirates’ attractiveness as an international destination for businesspeople, 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.
More About: Flights
Sports City Takes Shape in Dubai
2008-04-23 08:54:00
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.
More About: Shape
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