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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

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

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

Bank of Canada Cuts Interest Rates
2008-04-23 08:53:00
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.
More About: Interest Rates , Interest , Rates

Lottery Winner Gets Council House
2008-04-23 08:52:00
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.
More About: House , Lottery , Council , Winner

New Flights to Turkey
2008-04-23 08:50:00
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.
More About: Flights

British Builders Caught Cheating
2008-04-17 09:57:00
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
More About: Cheating , Builders , British , Caught

Sterling following UK house prices down
2008-04-16 22:15:00
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.
More About: House , House Prices , Prices

Live Auctions of Florida Property With No Reserve
2008-04-16 21:39:00
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
More About: Property , Live , Auctions , Reserve

Middle East Rent Controls Harm Property Investment
2008-04-12 09:51:00
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%. In neighbouring Qatar, a rent freeze has been implemented while the government is determining the new rent increase cap. For the past two years to February 2008 rent increases were limited to 10% annually
More About: Property , Investment

India Has Real Estate TV
2008-04-12 09:50:00
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.
More About: Estate , Real Estate , Real

Spanish Government Could Owe Thousands To Former Property Owners
2008-04-12 09:48:00
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.
More About: Government , Property , Owners

Developer Gives Free Florida Holidays For UK Residents
2008-04-11 09:12:00
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.
More About: Holidays , Developer , Free

Daily Mail & P&0 in French Property Prize
2008-04-08 13:17:00
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.
More About: Property

Developer offers free apartments with Saudi Arabia properties
2008-04-07 23:14:00
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.
More About: Developer , Free , Apartments , Saudi Arabia

Australians Sell Homes on EBay
2008-04-07 23:12:00
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
More About: Ebay , Homes , Sell , Australians

The Landings Saint Lucia
2008-04-07 23:11:00
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
More About: Saint Lucia

US Real Estate in Go Zone Attractive To Overseas Buyers
2008-04-07 23:10:00
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.
More About: Estate , Real Estate , Real , Buyers

US Home Sales See Small Increase
2008-04-05 00:56:00
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
More About: Sales , Home , Small

New Brunswick Canada Sees Royal Estates
2008-04-05 00:54:00
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.
More About: Sees