Overseas Property News
Overseas property news by the overseas property portal HomesGoFast.com covering overseas property markets, overseas mortgages, overseas currency news, overseas emerging markets, house prices, and anything newsworthy concerning overseas property
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Bank Error Leaves Thousands Facing Increased Mortgage Payments
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07/22/2010 07:00 PM
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A calculation error by one of the UK’s largest banks has resulted in thousands of mortgage customers facing increased mortgage repayments. Around 18,000 mortgage customers of the Clydesdale and Yorkshire Banks have been contacted about errors in…
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Sterling exchange rates face bumpy ride
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07/22/2010 07:00 PM
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The Pound has come under increasing pressure in the last 2 weeks, but faces a tricky time ahead, according to economic forecasters. Tomorrow’s GDP figure, which is the first estimate of growth in the UK economy over the second quarter of…
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Low Interest Rates Here To Stay?
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07/21/2010 07:00 PM
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Whilst it may not be good news for savers, borrowers were given a boost this week after falls in money market rates indicated that low interest rates may be here to stay. Recent worse-than-expected inflation figures had led the markets to believe that…
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Inward Investment In Brazilian Real Estate Event in Florianopolis
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07/20/2010 07:00 PM
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ADIT Brasil will hold its next members meeting in Florianópolis, Brazil on the 5th of August. This will be the first members meeting since the Association for inward investment in real estate and tourism, has announced that it is widening its…
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FSA Plans Tougher Mortgage Regulations
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07/18/2010 07:00 PM
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Tougher regulation by the Financial Services Authority will make is even harder to secure a mortgage for UK buyers . The Financial Services Authority (FSA) planning even tougher regulations in early 2011, senior figures within the industry are claiming…
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Brazilian Land Sales May See Ban For Overseas Investors
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07/15/2010 07:00 PM
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16/07/2010- Recent headlines concerning Brazilian land and potential ownership restrictions for overseas buyers will not affect main stream investors seeking residential or beachfront land in Brazil. The government is working on plans to protect agricultural…
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Marilyn Monroe Los Angeles Luxury Home Sale
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07/15/2010 07:00 PM
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Celebrity real estate lovers will marvel at a new home that has entered the US housing market in Brentwood Los Angeles as it is the former home of Marilyn Monroe. The Brentwood estate where Marilyn Monroe is died and is a gated home considered the crown…
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Overseas Property Buyers Are Mexican
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07/13/2010 07:00 PM
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Mexicans have emerged as key investors in US real estate putting the Brits in third place as the nations that are buying real estate in the US. Overseas buyers are an important part of the real estate market especially in regions such as Florida. The…
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UK Overseas Property Buyers Head To St Lucia
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07/06/2010 07:00 PM
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It seems that St Lucia has become top of the list for UK buyers seeking an overseas property and the government has responded to its new visitors by investing in major infrastructure projects. The St Lucia the government recently announced…
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When the Dust Settles in South Africa, All Eyes Look to Brazil
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07/01/2010 07:00 PM
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Brazil, five time winner of the FIFA World Cup and the world’s official top ranking team, is relishing the opportunity to host the World Cup tournament in 2014 - the event has not been held in Brazil since 1950. Preparations to host this mammoth…
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Minha Casa Help Brazilians To Property Ownership
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06/27/2010 07:00 PM
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Launched by President Luiz Inacio Lula da Silva last year,the "Minha Casa, Minha Vida" (My Home, My Life) program has begun to revolutionize home ownership in Brazil. The reality of apartment buildings partly funded by subsidies…
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Leading Property Website Offers Cash Rewards
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06/24/2010 07:00 PM
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UK private house sale website The Little House Company has entered the online Cashback market with a new offering at LittleHouseCompanyCashBack.com. Cashback websites offer users cash rewards to members each time they shop via the website using the links…
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Bank Investing In German Real Estate
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06/24/2010 07:00 PM
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According to Reuters reports Morgan Stanley Real Estate (MSREF) and Redos Real Estate are preparing to purchase “Bavaria” presently by METRO Group Asset Management. Morgan Stanley has not yet entered into any contract for buying…
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Property in Egypt To Receive Mortgage Help
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06/24/2010 07:00 PM
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Overseas property investors have Egypt in the radar for investment for some time and local demand in the region for housing has meant for a buoyant market. Plans by the government could give the sector a further boost as they plan to reduce the red tape…
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Sex In The City Star Eyes Multi Million Dollar Real Estate
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06/24/2010 07:00 PM
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Celebrity real estate news reports that sex in the city star Sarah Jessica Parker is reportedly looking to move into a new house as she needs \'more room\' and she has been spotted looking at a $24 million townhouse in New York. The grand luxury residence…
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Chinese Property Exhibition Promotes Overseas Property
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06/24/2010 07:00 PM
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According to the China based Global Times Property developments in Australia Canada Cyprus US, and South Korea make up a good percentage of the real estate on offer at Beijing’s 18th annual summer property fair. Following state housing regulations…
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UK Property Professionals React To Base Rate Decision
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06/10/2010 07:00 PM
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As speculation grows over the forthcoming Budget in the UK the decision to keep the base rate on hold at 0.5% has been met with little surprise by property professionals. The decision by the Bank of England’s Monetary Committee means the…
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Luxury French Government Property Up For Grabs
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06/10/2010 07:00 PM
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The French government are selling of 1700 French properties in a bid to save money in maintaining the French buildings some of which include a grand 1800 Chateaux. The opportunity is open to overseas property buyers who could be set to won something…
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British Money Lender Sharks Now Under Fire
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05/24/2010 07:00 PM
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The recession in the UK and the inability to get credit has resulted in an estimated 165,000 British households suffering at the hands of illegal money lenders. The Office of Fair Trading is taking part in a campaign to warn people of the dangers…
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Australian Dollar rate improves 5c in one day
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05/18/2010 07:00 PM
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19/05/10-The Australian Dollar, which has enjoyed enormous strength against sterling over the last 18 months, finally showed some signs of weakness today on the back of comments from the Reserve Bank and global movement of investments into US Dollars.…
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Prince Charles & Qatar Property Developers Court Case
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05/16/2010 07:00 PM
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Prince Charles alleged role in changing the plans laid down for a modern development on one of London’s most expensive building plots in Chelsea has come under scrutiny. A court case where property developers are suing developers Qatari Diar for…
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Cameron Clegg Set To Abolish Home Information Packs
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05/12/2010 07:00 PM
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Home Information Packs or HIPs are set to be scrapped by the new coalition government but Energy Performance Certificates are set to remain. The much awaited publication of the Coalition Agreement makes it clear that the new Government will scrap…
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Honolulu Hawaii Good House Price Rises
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05/10/2010 07:00 PM
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Good house price news from the US came in the form of house price gains for Honolulu Hawaii which has seen a 3.3% increase from three months ago, the highest growth of any metro area in the country. According to data from Clear Capital Show Honolulu…
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Golf Property in Belek Turkey On The Up
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05/10/2010 07:00 PM
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The Daily Mail highlighted Turkey and in particular Belek as the next Algarve as the regions golfing community grows with 21 golf courses with several more planned Golf has always attracted overseas property buyers and the sight of stunning green golf…
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Cypriot Property Market Receives Boost
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05/10/2010 07:00 PM
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The Cypriot property market which had been served a double blow from title deed rows and the economic downturn appears to have got over the worst with house price gains and investment from Qatar Some welcome statistics from the Department…
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Spanish Property Refund Begins
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05/10/2010 07:00 PM
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Overseas property owners in Spain that sold their homes and were charged Spanish capital gains tax are now entitled to a refund which on average could amount to £13,5000. The news has led to a flood of claims which labels the Spanish authorities…
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Spanish Property Market Has a Long Way To Go
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05/10/2010 07:00 PM
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Overseas property owners living in Spain will take some comfort in the fact that official figures reveal that Spanish property prices are slowing in decline. The decline in values of Spanish property fell at a slower pace in the first quarter, dropping…
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A New Type Of Dubai Real Estate Investor Arrives
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05/09/2010 07:00 PM
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Investing in Dubai by overseas property investors is set to return but as a Homesgofast.com executive points out it will be to a different type of international real estate investor buying in Dubai. Dubai appears to have turned the corner with UAE officials…
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House Prices Increase Under Labour
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04/29/2010 07:00 PM
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30/04/2010-Recent house price figures released by The Nationwide reveal that over the lifetime of the last Parliament (May 2005 to April 2010), house prices have risen by 6.7%. April s figures show the first double-digit annual growth in…
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Greek Housing Market An Overseas Property Opportunity?
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04/28/2010 07:00 PM
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The Greek financial crisis could make way for overseas property speculators states the director of international real estate company Homesgofast.com. The region which is ranked on par with Azerbaijan, Colombia, Panama and Romania could produce house…
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Consumers send 30.1 million to Brazil to buy Real Estate
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04/28/2010 07:00 PM
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29/04/2010- The Brazilian real opened stronger against the U.S. dollar on Wednesday 28th April leading investors to predict a central bank rate hike in interest rates to lure foreign investors to Latin America\'s largest economy. On the BM&FBovespa…
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International House Price Falls Opportunuty For Investors
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04/22/2010 07:00 PM
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23/04/10- The latest Knight Frank Global House Price Index shows good news for Hong Kong and some bad news for Dubai, Estonia and Latvia. International real estate investors will read with interest the locations that saw overall prices around…
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Overseas Property Exhibitions Now Greener in The UK
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04/20/2010 07:00 PM
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The UK based Global Property Marketing Company Marr International has launched a new service that allows international agents and developers to manage exhibition stands in the UK whilst not leaving their own countries. The Professional Exhibition Service…
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Property In Spain A Glimmer of Good News
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04/20/2010 07:00 PM
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Overseas property owners living in Spain will take some comfort in the fact that official figures reveal that Spanish property prices are slowing in decline. The decline in values of Spanish property fell at a slower pace in the first quarter, dropping…
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French Property Law Change
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04/08/2010 07:00 PM
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French property tax law has changed and may boost French property sales that include real estate that is need of renovation. Non-professional private individuals who are not registered for TVA will no longer be subject to TVA @ 19.6% (French equivalent…
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Greek Island Samos Property Investment Boost
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04/08/2010 07:00 PM
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Samos tourism is set to increase as the Greek islands as P&0 cruises and Cundar include the island in its destinations with a new Fly Cruise offering. To top this a brand new movie set is proposed on the islands firmly putting Samos of the tourist…
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Report Finds Istanbul Top For Real Estate Investment
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04/08/2010 07:00 PM
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Leading accountancy firm PricewaterhouseCoopers have predicted that Istanbul will be one of the top cities for investment performance in a joint report with Urban Land Institute or ULI. Turkey’s biggest city now ranks at the top in real…
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Pound follows election trail – UK exchange rate news
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04/08/2010 07:00 PM
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The Pound has seen something of a surge this week on the back of some positive economic data, with manufacturing output, producer inflation, house prices and car sales all up. At the same time, worries over the economic situation in Greece have contributed…
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Property Owners in Spain Targeted By Conservatives
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04/07/2010 07:00 PM
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Conservatives Abroad in Spain are targeting British home owners in Spain in a bid to secure vital votes for the upcoming general election. The Conservatives are encouraging overseas residents to vote as they feel that overseas property owners are more…
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Brazilian Property Agent Wins Award
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04/06/2010 07:00 PM
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The recent overseas property exhibition in London “A Place in the Sun Live” hosted an award ceremony which included The Best Small Agent 2010. The audience at London’s Excel Centre on 26 March saw Brazilian real estate specialist…
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Barcelona Property Market Ripe For Overseas Buyers
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04/05/2010 07:00 PM
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In a recent article in the Daily Mail Barcelona real estate market was highlighted as one of the more sophisticated places to buy Spanish properties at prices that appeared to have now bottomed out. The Spanish city was victim of hyped prices mainly…
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Amy Winehouse Luxury London Home On Hold
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04/03/2010 07:00 PM
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The Sun newspaper reports that singer Amy Winehouse dream home purchase has been delayed by rising costs owing to extensive renovations that will be required before she could move in. The multi millionaire who has sold millions of albums worldwide,…
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Dragons Den Caan Agrees With Alistair Darling
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04/01/2010 07:00 PM
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02/04/10- One of Britain’s leading providers of financial help for homeowners says Alistair Darling’s decision to scrap Stamp Duty on house purchases up to £250,000 for first-time buyers, is good news for young people trying to get…
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UFO House Makes Top Ten Weird Homes
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04/01/2010 07:00 PM
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Chattanooga Tennessee USA is the location of one of the top 10 unusual homes in the world in a list created by private house sale website The Little House Company. In March 2008 this flying saucer house went up for auction in Chattanooga, Tennessee.…
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Environmental Body Not Happy With Budget
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03/25/2010 08:00 PM
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26/03/10 The Environmental Industries Commission (EIC) were not impressed with the Budget claiming that the government has failed to sieze upon the opportunity to encourage consumers to make green choices. The trade association for the UK’s…
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Property in Poland Now Closer For UK buyers
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03/25/2010 08:00 PM
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26/03/2010-Low cost airline has given overseas property buyers seeking real estate in Krakow Poland a boost by announcing that it has opened a new a new base, and with it, a new route to Krakow. The new route will make it easier for people to…
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A Place in The Sun Live Opens in London
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03/25/2010 08:00 PM
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A Place in the Sun Live overseas property exhibition which is billed as the UK\'s best-attended overseas property exhibition opens toady 26th March until 28 March 2010.The exhibition taking place at Earls Court London is aiming to suit all budgets with…
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UK Millionaire Home Sellers to Go Private
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03/25/2010 08:00 PM
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26/03/2010-The private sales & online estate agents website The Little House Company anticipates a rise in luxury home owners seeking an alternative way to sell their homes after an increase in stamp duty. The increase announced by Chancellor…
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Malta Now Attractive Shopping Destination
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03/17/2010 08:00 PM
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Malta’s largest mall, the €60 million The Point, part of Sliema’s Tigné Point development, will open at the end of March 2010 to introduce a new retail experience to Malta. The Point’s 14,000 square metres of rentable…
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Turkey Property Market Stronger Than Most
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03/15/2010 08:00 PM
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Turkey's economy and real estate sector, though affected by the global economic slowdown, have held up well compared to others in Europe thanks in part to strong local demand and low exposure to international credit markets. The country's solid economic…
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British Weather Feeds Overseas Property Markets
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03/15/2010 08:00 PM
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Crime and bad weather are to blame for the record number of over 55s wanting to leave the UK. New research from the Foreign Office divulges that more than four in ten Brits nearing retirement age are considering doing it abroad. Each year around…
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Sainte-Foy-en-Tarentaise For French Alps Property
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03/15/2010 08:00 PM
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France has been topping the charts in a recent survey of the top 10 winter ski resort destinations by budget airline easyJet, it seems that the British love affair with the French Alps remains as strong as ever. As expected the top ranking resorts included…
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International Property Industry Descend at MIPIM in Cannes
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03/14/2010 08:00 PM
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The International real estate industry is set to descend on Cannes France for this years MIPIM (Marché International des Professionnels d’Immobilier) event in which 18000 participants will attend between March 16-19, 2010. MIPIM traditionally…
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World Class Apartments Pride of Barbados
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03/11/2010 07:00 PM
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The Portico Apartments in Prospect Beach, Barbados have some of the most exclusive units in one of the most exclusive property markets anywhere. This distinctive apartment complex was recently awarded the Best International Apartment Complex by the International…
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Fastest Selling Barbados Real Estate
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03/11/2010 07:00 PM
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Within ten days of launching Weston, St James in Barbados had received over 300 enquiries resulting in the remarkable sell-out of all 21 Phase 1 apartments in this small but well located development. The success led to the early release of Phase 2, comprising…
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Susan Boyles Boy Burglar Captured
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03/11/2010 07:00 PM
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The burglar that frightened Susan Boyles as she came across him in her home in Scotland one late night in January has now been caught by the local police. The burglary took place in January 26th 2010 when the man ran out of the singers home she…
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Chinese Property Buyers The New Russians
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03/08/2010 07:00 PM
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A Hong Kong Billionaire has spent £33 million on a London property confirming that the new international property rich are coming from China. The purchase will have London estate agents seeking new ways in attracting the Chinese to their property…
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France, Spain, Turkey & Portugal at London Property Show
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03/08/2010 07:00 PM
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A Place in the Sun Live, the UK’s biggest and best-attended overseas property exhibition is turning the spotlight on four of the UK’s favourite destinations for buying properties abroad. Informative country-specific areas featured…
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Huge House Prices in Brisbane Australia
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03/07/2010 07:00 PM
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Recent house price increases in Brisbane spell bad news for those thinking about immigrating to Brisbane and first time buyers. Average house prices in the region have now increased to over £300,300. Brisbane house prices rose by 8.1 per…
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Smart Meters To Change The Way Britain Pays Utility Bills
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03/05/2010 07:00 PM
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Smart Meters which identify household consumption in minute detail are set to change the way the British monitor energy consumption and are being used by one utility company First Utility's to entice new clients. Customers on the First…
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Selling Property Online Threatens Estate Agents
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03/05/2010 07:00 PM
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A recent Daily Mail (Friday 5th March) article highlighted the changes that are taking place in the way people buy and sell property in the UK. It found that estate agents were now under pressure as a growing trend for selling homes online threatened…
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Sterling – Euro exchange rates plummet, where next for the Pound?
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02/28/2010 07:00 PM
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Sterling – Euro exchange rates plummet, where next for the Pound? Recently the Pound has been suffering against most major currencies due to a number of reasons. Mainly the GDP figure for the Q4 of 2009 came in under expectations and despite showing…
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Investment in Second Homes Up
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02/25/2010 07:00 PM
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Positive housing market news comes to the UK in the form of second home ownership figures supplied by Knight Frank which reveal surprising rises. Cornwall in the South West of England which is favourite destination for vacations showed particularly…
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UK Retirement Villages Need International Developers
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02/24/2010 07:00 PM
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International and UK property developers are missing out on opportunities in the UK to build developments aimed at the growing elderly population in the UK. According to Knight Frank’s ‘Retirement Housing Report’ 2010, retired people…
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Brazilian Real Estate Developer to Raise a Billion Reais
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02/24/2010 07:00 PM
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25/02/2010-Confidence in the Brazilian real estate market is at a high and the fact that BR properties plans to raise 1.71 billion reais by selling shares could signal more growth for the sector. The Sao Paulo-based BR Properties and its stockholders…
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Madeira Clean Up Will Give Solid Tourism
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02/24/2010 07:00 PM
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25/02/10-Madeira is set to recover swiftly from the natural disaster it has experienced with an impressive clean up operation. Secretary General of the UN World Tourism Organization Taleb Rifai comments on the hotel and Tourism industry after the recent…
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Murcia Spain Property Price Rises
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02/23/2010 07:00 PM
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According to Facilismo.com, a Spanish property portal, Murcia has posted the highest house price rises of all the nation’s autonomous regions at 0.24%. This makes it one of a select quartet of communities showing positive growth in January…
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Overseas Property Websites Grow
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02/18/2010 07:00 PM
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Overseas property website Homesgofast.com is now ranked 16th in the world as for search engine saturation for terms relating to international real estate. The last 12 months have seen the UK based portal rise to 16th place in the study…
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Bodrum Airport See Rise Of Low Cost Airlines
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02/18/2010 07:00 PM
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Bodrum Airport officials are in for a busy 2010 as three major low-cost airlines have all targeted the Turkish resort for boosted direct services. Operating from airports across the UK, EasyJet, Monarch and Turkish airline, Pegasus, will all be capitalizing…
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Brazil Now Paragliding Hot Spot
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02/11/2010 07:00 PM
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Pipa in northeast Brazil is emerging as a paragliding hot spot as participants benefit from Brazils superb all year round warm climate. Brazil will be hosting the America leg of the Paragliding World Cup which this year runs from 3 to 10 April in Poços…
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Overseas Property Experts Tip Istanbul Turkey
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02/11/2010 07:00 PM
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Istanbul, is tipped to be the property hotspot within Turkey in 2010 according to international property experts at Experience International. And this insight has been echoed in the latest Emerging Trends in Real Estate Europe Report released last week…
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FSA Issues Warning On Overseas Money Transfers
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02/11/2010 07:00 PM
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People transferring money overseas should check they are using an FSA-regulated money transfer company, according to new advice issued by the regulatory body this week. Competitive exchange rates can be obtained from alternative providers to traditional…
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Court Reveals Wayne Rooney Property Riches
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02/07/2010 07:00 PM
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08/02/10-A court case involving England and Manchester football star Wayne Rooney and his wife Coleen has helped reveal the true extent of the couple’s property riches. The case involving a dispute with their management company also confirms that…
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Primelocation Overseas Property Boost
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02/04/2010 07:00 PM
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Primelocation join the host of UK based overseas property websites that have seen a leap in both traffic and online searches for international real estate. The anticipation of end of year bonuses has fuelled a 23% surge in interest in international property…
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Real estate in Turkey Boosted by Flights
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01/26/2010 07:00 PM
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The property market in Turkey received another boost from the announcement that Easyjet's will be flying from Gatwick to Antalya. The new route is a huge testament to the growth potential of Turkish tourism, and will boost occupancy of holiday rental…
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Big Sales in Brazilian Real Estate For 2010
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01/25/2010 07:00 PM
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26/01/2010- Property Frontiers investment property specialist have tipped Brazilian real estate as the top destination for international real estate investors for 2010. The company anticipate that property in Brazil will be biggest sellers for overseas…
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Is the recession really over ? Exchange rates still fragile
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01/25/2010 07:00 PM
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With the news that the UK finally emerged from the recession this morning after 4th quarter GDP figures from 2009 reported growth, some may be tempted to assume that it’s business as usual for UK plc and that sterling is destined to gain strength.…
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Rightmove Survey Shows House Market Confidence
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01/24/2010 07:00 PM
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25/01/2010 London - A consumer survey conducted by property website Rightmove indicates that consumers are in positive mood about the UK housing market for 2010. The majority of respondents felt that average house prices in the UK would increase this…
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Poll Shows Spanish Property Worry
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01/24/2010 07:00 PM
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25/01/2010 London- A poll by overseas property website Homesgofast.com found the number one concern for overseas buyers considering buying real estate in Spain were fears over planning regulations. The survey targeted people that…
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Economic recovery starts to improve exchange rates for the Pound
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01/21/2010 07:00 PM
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By this time next week (28th) there is a possibility that the UK is technically out of the worst recession in over 50 years. We should know this once the initial Gross Domestic Product figures for the final 3 months of 2009 are released. I say technically…
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British Tourism Rises 7% On Lanzarote
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01/20/2010 07:00 PM
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The number of British tourists visiting the Lanzarote in the Canary Islands rose in November 2009 by nearly 7%. The first significant increase in visitor numbers recorded on this popular holiday island and property investment hot spot during the…
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Township Developments Difficult In India
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01/20/2010 07:00 PM
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21/01/10- The development of fully fledged townships in India are still a rarity in India and in a recent press release from Sanjay Dutt, CEO – Business, Jones Lang LaSalle Meghraj explains why:Townships as a fully evolved and implemented concept…
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Channel 4 Sells Australia with Relocation Phil Down Under
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01/20/2010 07:00 PM
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21/01/2010 London- The temptation of a warmer climate and how best to find a property in Australia for hard pressed Brits will be the subject of a new Channel 4 documentary Relocation: Phil Down Under. TV property expert Phil Spencer helps…
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Globrix Joins The Digital Property Group
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01/20/2010 07:00 PM
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London, 21 January 2010 – The Digital Property Group (TDPG), whose websites include PrimeLocation.com, FindaProperty.com, and FindaNewHome.co.uk - and currently the second most visited of the UK property portal groups - has added Globrix (www.globrix.com),…
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Good News For Barbados Real Estate
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01/19/2010 07:00 PM
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20/01/2010 London- Great news for Barbados real estate as a luxury designer development at Portico Barbados is completed on time. This is in stark contrast to recent real estate news from Barbados which worried international investors as one prestige…
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Best Apartments in the World Now Ready
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01/18/2010 07:00 PM
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A multi award winning designer beachfront development in Barbados at Portico is now ready for occupation, apartments on sale start from a cool $4,950,00. The developers were able to finish the project on time this is in stark contrast to a neighbouring…
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Cairo Property Market Set to Grow
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01/17/2010 07:00 PM
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The most recent report from Egypt indicates that the Cairo housing and property market is on the move. Real estate research and investment firm Jones Lang LaSalle just released its newest report on Cairo entitled Cairo: Open for Global Business at the…
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Florida Home Sales Rise
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01/13/2010 07:00 PM
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Florida’s existing home and condominium sales rose at the end of 2009, according to the Florida Realtors. November, 2009 sales of existing homes rose 61 percent over the same month in 2008, and condo sales increased by 111 percent, according to…
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Burj Khalifa Opens in Dubai
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01/12/2010 07:00 PM
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The world’s tallest building officially opened on January 4, 2010 in Dubai. The Burj Khalifa, formerly known as the Burj Dubai, is a record 828 meters, or 2717 feet, tall. The official final height was revealed at the festive opening ceremonies…
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Australia Property Market Set for Good Year
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01/12/2010 07:00 PM
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The most recent news out of the Australian property market indicates that 2010 should be a strong year. Better-than-expected data on the housing sector has many people involved in real estate down under saying that this year will be red hot. Building…
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Spanish Property Market
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01/11/2010 07:00 PM
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Recent reports out of Spain about the state of the Spanish Property market offer some guarded outlooks for 2010. One report notes that the decline in property prices in Spain is slowing, while another sees a potentially large drop this year. The…
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UK House Prices up for 2009
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01/11/2010 07:00 PM
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The latest research on the UK housing market indicates that prices were up for the 2009 year. The Financial Times House Price Index produced by Acadametrics (FTHPI) shows that the average house price in England and Wales was £214,283 for December.…
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Canada Leading Real Estate Recovery
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01/11/2010 07:00 PM
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The latest research on the global real estate market indicates that Canada is doing quite well, while several other nations are showing significant signs of recovery. The Global Real Estate Trends report from Scotia Capital indicates the Canada leads…
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Makry Gialos, Crete
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01/09/2010 07:00 PM
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The town of Makry Gialos on the southeast part of Crete has long been a popular tourist resort. The beaches on the famous Greek island are beautiful with clear, shallow water and the climate is quite nice year round. Additionally, it is an ideal place…
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France Named Best Place to Live
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01/09/2010 07:00 PM
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France has been named the best place to live for the fifth year in a row by the US magazine International Living. Every January the magazine produces a ranking quality of life in countries throughout the world. The publication specializes in overseas…
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Beyonce Sings in the New Year on St. Barts
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01/07/2010 07:00 PM
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Beyonce Knowles gave a private New Year’s Eve performance for an exclusive crowd on the very popular Caribbean island of St. Barts, according to several media reports. The star singer performed five songs, or about an hour’s worth, at the…
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Madrid Unveils Financial District Plans
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01/06/2010 07:00 PM
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The Spanish capital city of Madrid recently unveiled plans for a new financial center north of downtown. As many as 20 new skyscrapers, including 4 that will have over 60 floors, are in the works for the Chamartin project. The new development…
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Algarve Tourism Expected to Rebound in 2010
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01/04/2010 07:00 PM
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Portugal’s Algarve Region expects more tourism in 2010. The most recent annual survey by the regional tourism board, ERTA, indicated that local officials and businesspeople expect the area’s tourism sector to rebound in 2010. Approximately…
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Villa Il Palagio Opens Outside Florence, Italy
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01/04/2010 07:00 PM
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A newly redeveloped villa just outside the city of Florence in the famed Italian region of Tuscany offers a great place for those who want to invest in international real estate. Villa il Palagio is situated on 55 acres of vineyards and olive groves…
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Turkey A Top Destination in 2010
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01/04/2010 07:00 PM
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The 2010 year is looking to be a good one for the travel industry in Turkey, according to the latest New Year predictions. With gorgeous Mediterranean beaches that are open year round as well as the beautiful Aegean seafront, Turkey has much to offer…
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Robbie Williams Buys Australian Property
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12/30/2009 07:00 PM
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31/12/09- Robbie Williams has bought a property in Australia after it was top of the agenda for him and girlfriend Ayda Field. Reports from the Australian Daily Telegraph suggest the star has opted for an outback retreat in the Northern Territories…
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Barbados Housing Relief For Local Buyers
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12/29/2009 07:00 PM
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Barbados National Housing Corporation (NHC) is increasing its stock of housing for Bajans caught up in an expensive housing market fuelled by overseas property buyers. The NHC has also been working to improve existing housing stock by carrying…
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Real Estate Expert Fears for Trinidad & Tobago Real Estate Market
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12/27/2009 07:00 PM
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28/12/09 LONDON - Property laws that restrict overseas buyers and the introduction of a new property tax may serve further to dampen the demand from international buyer’s for Trinidad & Tobago real estate fears one international real estate…
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Celebrity Real Estate Security Upsets The Locals
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12/27/2009 07:00 PM
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In a bid to increase both privacy and security Hollywood actress Nicole Kidman has upset neighbours at her Australian country home called Bunya Hill after planting 150 Cypress Leylandii saplings trees to shield her house from celebrity spotters. …
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Commercial Property Prices In London Bumpy Ride Ahead
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12/22/2009 07:00 PM
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23/12/09 London has seen steady house price rises over the last 12 months driven by a lack of property for sale in London. Investment analysts point out that London house price rises are not sustainable for 2010 and a dip is likely to be on the way.…
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UK House Prices Up and Down in 2010
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12/21/2009 07:00 PM
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22/12/09-UK house prices have been steadily increasing throughout 2009 owing to lack of supply and the trend is set to continue to the spring of 2010. The predication comes from The Royal Institution of Chartered Surveyors (RICS) RICs also predicted…
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Victoria Leads Housing Market Recovery in Australia
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12/20/2009 07:00 PM
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21/12/09 The Australian state of Victoria is leading the national housing market recovery in Australia according to latest housing starts statistics. Victoria is the second most populates state in Australia. Bordered by New South Wales to…
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Property Prices in Spain More Pain
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12/20/2009 07:00 PM
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21/012/2009 - Spanish property prices have not bottomed out and according to one Spanish bank property in Spain was over valued by 30% and have only dropped 10%. The biggest house price falls to come are likely to be in the holiday hotspots…
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Pre Launch of Motor Sport Property Investment
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12/16/2009 07:00 PM
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17/12/09- The Algarve International Circuit which was named "Motorsport Facility of the Year" by the 'Professional Motorsport World Expo Awards 2009 is to become an investment hotspot for international property investors. To kick start the…
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Baghdad An Overseas Property Hotspot?
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12/13/2009 07:00 PM
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14/12/2009 - New investment laws mean foreigners can invest in land and housing in Iraq. Iraqi law is now positively encouraging overseas property investors to the region and have reduced red tape to make the process much easier. Oil rich…
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Tiger Woods Wife Buys House in Stockholm
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12/11/2009 07:00 PM
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12/12/09-Tiger Woods' wife Elin Nordegren maybe moving from her luxury family home in Florida to the cooler climate of Sweden according to recent reports. Tigers wife has bought a house that has cost more than $2 million in Stockholm. The New York Daily…
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Orlando Florida Lowest House Prices in Years
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12/11/2009 07:00 PM
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12/12/2009- Property prices in Orlando are at their lowest levels since 2001 with the average house price at $123000 (approx £75,650) according to reports from Florida based Orlando Sentinel. The news comes as the Orlando Regional Realtor Association…
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House Price Rise Across The Globe
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12/09/2009 07:00 PM
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A leading independent global property consultancy has added a new optimism for overseas property investors with the release of its global house price figures. Knight Frank reports that the recovery in global house prices continues with values increasing…
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Qatar Now Closer To Australian Investors
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12/07/2009 07:00 PM
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Australian property investors are now even closer to Qatar with the recent announcement that Qatar Airways has launched new flights between Doha and Melbourne. Qatar's multibillion-dollar programme of expanding the country's transport infrastructure…
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Simon Cowell in Barbados Property Worry
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12/06/2009 07:00 PM
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The prime minister of Barbados, David Thompson, has stepped in to help save a luxury real estate project that has faltered owing to the global slowdown. Several high profile investors have paid deposits on villas in the development which cost up to $30m…
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Qatar Surprise for Investors
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12/03/2009 07:00 PM
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4/12/09- Qatar is being hailed as one of the surprise investment hotspots for 2010 by the CEO of an international real estate company Marr International. The prediction comes as Qatar confirmed that is was 100 percent committed to its role in developing…
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Property Portal Announce Top Ten Places to Invest 2010
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12/02/2009 07:00 PM
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3/12/09 Overseas property investors will read with interest the results of a survey conducted by the International real estate website Homesgofast.com. The survey results include some surprising omissions and put Brazil, France and the USA as the top…
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Brazil Property To Top 2010 Property Wish List
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12/01/2009 07:00 PM
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Brazil’s property market is set to become one of the hottest markets in 2010. The country is one of the world’s fastest growing economies. Foreign Direct Investment has increased and with Brazil set to host the 2014 football World Cup and…
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It’s Official – Florida Property Prices on the Rise
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12/01/2009 07:00 PM
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2/12/2009- Data through September 2009, released today by Standard & Poor’s for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National Home Price Index improved in the third quarter…
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Natal Brazil Set For Major Infrastructure Investment
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12/01/2009 07:00 PM
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2/12/09 - Natal Brazil is set for huge infrastructure improvements in preparation for the 2014 world cup and 2016 Olympics. Improvements will be see new roads hotels and increased public transport In September the Secretary of Infrastructure…
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Natal Brazil Will Host Annual Real Estate Event
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11/26/2009 07:00 PM
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The dates for the leading annual real estate and tourism investment event for Brazil have been set. Nordeste Invest 2010 will take place from the 10th to 12th of May, in the city of Natal, capital of Rio Grande do Norte. A three-day B2B event will unite…
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Turkish Property Traffic Linked To Air Travel Data
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11/26/2009 07:00 PM
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27/11/09 - UK based Turkish property agent Spot Blue have announced a significant year on year growth in traffic to their website in the third quarter and in what we have seen of the final quarter. The announcement comes just days after an Anna Aero…
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Flights Boost For Lanzarote
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11/25/2009 07:00 PM
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26/11/09- Despite the current economic climate there are some signs that tourism on Lanzarote may take off again next year. AENA, the Spanish airport authority has extended the current waiver on airport charges and taxes for the duration of 2010. At…
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International housing markets recovering unevenly
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11/24/2009 07:00 PM
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25/11/2009-International housing markets in the world’s leading economies continue to recover, however many housing markets in leading economies remain distressed. Of the 27 countries which have already published their Q3 data, more countries have…
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UK Banks in the Clear Over Excessive Charges
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11/24/2009 07:00 PM
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25/11/09- British Banks that include Abbey National plc, Barclays Bank plc, Clydesdale Bank plc, HSBC Bank plc, Lloyds Banking Group plc, Royal Bank of Scotland Group plc and Nationwide Building Society will be pleased by the Supreme Court judgment…
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Distressed Overseas Property Increase
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11/24/2009 07:00 PM
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25/11/09- The Global property market has seen a rise in commercial distressed real estate and is set to become a significant feature for the future of the sector. Eighty percent of countries surveyed saw a rise in distressed sales in the commercial property…
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OECD SIGNALS TOUGH TIMES AHEAD FOR EXCHANGE RATES
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11/22/2009 07:00 PM
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London 23/11/09-The latest report from the OECD (Organisation for Economic Co-operation and Development) has cast further aspersions on the UK’s economic recovery – and worrying implications for the future strength of the Pound. According…
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OFT Report Shows Improved Satisfaction With Estate Agents
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11/22/2009 07:00 PM
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Evidence from the research suggests that consumers are increasingly open to alternative methods of buying or selling a home. While the large majority of sellers used a traditional estate agent, more than a third initially considered selling privately,…
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Property Search Engine Globrix Technology Backfires
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11/18/2009 07:00 PM
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19/11/2009 London-Globrix have been inadvertently promoting one of the UK's leading private sales websites The Little House Company owing to the indiscriminate use of its spider technology that takes property details from property websites without permission.…
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UK Housing Market Braced For Stamp Duty
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11/16/2009 07:00 PM
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A return to the previous bands for stamp duty, when the current holiday is due to end on the 31st December 2009, could have a detrimental effect on the recovery of the housing market in regions that are already lagging behind, according to the latest…
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Survey Reveals Investment Is Key For Overseas Buyers
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11/16/2009 07:00 PM
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A survey of over 1000 visitors at the overseas property portal Homesgofast.com reveals that investment was the number one reason why people seek to buy a property abroad. The survey was conducted in between September and November 2009 by…
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Coral Lake & Beach Resort Receives Prestigious Award
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11/16/2009 07:00 PM
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Leading property professionals gathered in California yesterday as the results of the Americas Property Awards in association with CNBC Arabiya and the New York Times were revealed. The presentations were made during a networking event and gala dinner…
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Buying Bulgarian Property Could Be Safer
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11/15/2009 07:00 PM
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Bulgarian real estate market has not had much to cheer about lately however the introduction on January 1st 2010 of a new system where all real estate transactions in Bulgaria will be by law conducted via bank transfers may inspire…
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Foreign Currency Update On Sterling
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11/15/2009 07:00 PM
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Moneycorp Currency Brokers report that poor trade figures and positive UK house prices have equally little effect on the pound. US consumer confidence remains softer than analysts have been expecting.A roughly three-cent range took sterling occasionally…
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New Regulations Help Overseas Property Buyers
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11/15/2009 07:00 PM
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16th Nov 2009- The 1st November 2009 saw the new Payment Services Regulations (PSRs) came into effect. The regulation introduces new regulations for banks and large companies that deal with consumer money transfers. It serves to protect consumers…
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British Retirement Abroad A Reality Check
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11/12/2009 07:00 PM
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13/11/2009 London- Britain’s who want to retire abroad may have to do so a lot older than they anticipate and those who have taken the plunge are losing money everyday from currency fluctuations. A survey found that British workers are too…
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Travel From UK To Turkey Now Easier
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11/12/2009 07:00 PM
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More flights to Turkey are planned for 2010 making Turkey ebven more accesbileb for Turkish property investors and those seeking a second home in Turkey. An impressive expanded schedule of 17 flights from the UK to Turkey wuill come into place by Turkish…
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Taiwan Real Estate Sector Impressive Growth
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11/12/2009 07:00 PM
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Taiwan's real estate sector in Taipei may see house prices rises of 15 percent in 2010. The demand it seems will come from a domestic market, Taiwan’s property market is only made up 0.2 percent of overseas property buyers The property price…
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Turkish Property Investment New Boost
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11/11/2009 07:00 PM
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12/11/09- Overseas property buyers considering investing in Turkish real estate will be heartened by the news that the European Union economic report has predicted that Turkey will become the fastest growing country in Europe in 2010 with a 2.8 percent…
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UK Investors Receive Good News From Aviva
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11/10/2009 07:00 PM
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UK property investors had good news as signs of stability in the commercial property sector indicated stability. The Investment Property Databank index rose in August and September after almost two years of negative returns. The positive news has also…
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Monaco Promoting Luxury Moroccan Property
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11/10/2009 07:00 PM
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London 11/11/2009-Close ties between King Mohammed VI of Morocco and Prince Albert II of Monaco are one of the reasons why Monaco is firmly behind the promotion of a new super luxury resort in Morocco. The other reason is that Monaco based company Monte…
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Cypriot Property Helps Boxing Champion Haye
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11/09/2009 07:00 PM
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London 10/11/09- Boxing champion David Haye and his trainer Adam Booth use the warmth of the Cypriot sun to overcome the British weather for a consistent training regime. In fact the pair love the destination so much that they both own villas in…
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Brazilian Property Investment Accelerates
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11/06/2009 07:00 PM
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A Reuters report in conjunction Jones Lang LaSalle as highlighted how real estate investment in Brazil is now one of the most desirable regions in the world for investors. The report shows that in one week Brazil has attracted global investment including…
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Chinese Property Investors Head to Australia
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11/06/2009 07:00 PM
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London 07/11/2009-The Australian property market has always been attractive to overseas property buyers but now this popularity seems to be more consistent and the buyer’s nationalities are changing. The Brisbane Times highlights the fact…
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Orlando Mortgage Investigation Nets Real Estate Agents
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11/05/2009 07:00 PM
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Realtors in Florida Orlando have been subject to an unprecedented mortgage sting conducted by the US Attorneys Office. The mortgage sting operation has resulted in 100 people facing charges involving mortgage fraud. The allegations involve more than…
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Celebrity Property Developers Hit By Crunch
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11/02/2009 07:00 PM
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Bilton Ward Developments who have helped celebrities in the UK build their dream luxury homes have applied for Company Voluntary Arrangement (CVA) with debts of £1.3m. The companies run by Dawn and Ashley Ward has helped top flight footballers…
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Overseas Buyers Boost Florida Property Market
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11/01/2009 07:00 PM
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International property buyers are thought to be responsible for recent surge home sales in Florida. One developer has allocated funding of $100 million dollars for mortgages aimed at foreign buyers whilst a UK based overseas investment company Colordarcy…
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Million Dollar Florida Real Estate Up For Grabs
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11/01/2009 07:00 PM
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2nd Nov 09- Selling a Luxury home worth millions in a battered Florida housing market may prove difficult for one multi millionaire seeking a quick sale in Delray Beach Miami Florida. Mr Helmut Kiener a luxury Florida home owner recently arrested…
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Brazil’s Property Market is an Olympic Proposition
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10/26/2009 08:00 PM
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Brazil’s proposition as one of the world’s most attractive overseas property investment hotspots certainly took a huge boost since it was awarded the 2016 Olympics. International real estate agents and related industries are responding…
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Brazilian Property Development Set To Take Award
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10/26/2009 08:00 PM
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London 27/10/2009- Brazilian real estate is top of the agenda for many international real estate investors after Brazils recent success in winning the hosting the 2016 Olympic Games. At the same time The Bric Group behind The Coral Lake and Beach Resort…
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US Embassy Being Sold Despite UK Government Interference
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10/22/2009 07:00 PM
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The US government has secured a deal to sell its London Embassy despite the UK government’s intervention who placed the building under Grade II listing status. The listing means that property developers will now be heavily restricted in what…
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Life in France Better Than Britain
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10/21/2009 07:00 PM
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Buying a property in France has been high on the agenda for many Brits and now with a poll showing that France tops Europe in having the best quality of life it makes it even more attractive. The study conducted by Uswitch shows that the French retire…
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Uk Housing Market Still in Recovery
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10/20/2009 07:00 PM
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The UK housing market is consistently showing signs of recovery with gross mortgage lending totalling an estimated £12.5 billion in September, a 2% rise from the £12.3 billion in August but down 27% from September 2008, according to new data…
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Overseas Investment Property Used By Benefits Cheat
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10/19/2009 07:00 PM
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Social Security benefit cheat Denise Hanbury stated to an English Court that she had bought overseas property in Bulgaria, Egypt and Turkey in a bid to get off herself off benefits. Denise Hanbury, Chelmsford Crown Court she had remortgaged her…
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Property Offered For Sale In Spain Illegal
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10/18/2009 07:00 PM
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A report by The Observer uncovered a property development in Marbella Spain still being offered for sale despite the fact that it was dues for demolition. The luxury beachfront Spanish properties have not been granted retrospective planning permission…
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Exchange Rate Outlook Darkens For Pound
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10/13/2009 07:00 PM
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Sterling has fallen nearly 3% this month against the Euro, and market positioning data shows speculators making big bets on a further fall. Yesterday’s inflation data was one in a long line of sterling-negative data releases, amid fears…
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Design Your Own Portuguese Homes Launched
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10/12/2009 07:00 PM
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A new bespoke service is proving popular for buyers seeking an overseas property in Portugal along its Silver Coast. The service which includes creating your own house design with an architect and selecting land plots that are…
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The First Turkish Property Agent With Due Diligence Checks
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10/12/2009 07:00 PM
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UK based Turkish property buyers will welcome news that one of the UK’s most established Turkish property agents Spot Blue will be providing due diligence reports on all Turkish property developers that it promotes. The company is believed to be…
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Buying A Place In The Sun Back On The Agenda
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10/08/2009 07:00 PM
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The second A Place in the Sun Live event of the year took place at Birmingham’s NEC this weekend and once again delivered a strong consumer audience. The three day event, from 2nd-4th October, saw one of the show’s highest ever ratio of visitors…
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Police Attend Property Exhibition
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10/07/2009 07:00 PM
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The British Police authority The Association of Chief Police Officers (ACRO) Criminal Records Office exhibited at the overseas property show “A Place in The Sun Live”. The show which was attended by thousands of people considering buying…
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Overseas Property High On Agenda For Russian Investors
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10/05/2009 07:00 PM
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The first important Russian overseas real estate show for the autumn season took place in central Moscow, Friday and Saturday last week. With the number of visitors on par to previous events, 6,061 unique visitors over 2 days, the organisers were…
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American Homes Popular At UK Exhibition
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10/05/2009 07:00 PM
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The second A Place in the Sun Live event of the year took place at Birmingham’s NEC this weekend and once again delivered a strong consumer audience. The three day event, from 2nd-4th October, saw one of the show’s highest ever ratio of visitors…
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Exhibitions Boost Overseas Property Industry
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10/01/2009 07:00 PM
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2nd October 2009 LONDON- Today sees the doors opening to the UK’s largest overseas property event “A Place in the Sun Live” it is billed as the UK’s only dedicated consumer overseas property exhibition, and is taking…
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Cyprus v Turkey Property Cases A Success
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09/30/2009 07:00 PM
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1st Oct 2009- The position for those seeking to buy or sell property in Northern Cyprus is becoming even more complicated with a top European human rights court ruling against Turkey in cases concerning Greek Cypriot nationals and loss of their properties…
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Rightmove.Co.Uk At Overseas Property Exhibition
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09/29/2009 07:00 PM
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The UK’s leading overseas property exhibition has agreed a partnership deal with the country’s number one property website. A Place in the Sun Live is to promote its Birmingham show, taking place at the NEC from October 2nd-4th, to Rightmove’s…
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British Airways Boost St Lucia Property Developers
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09/28/2009 07:00 PM
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New flights to St Lucia, starting this autumn from the UK, USA and Germany will provide a significant boost to tourism and are welcomed by on-island property developers. Resort developer, The Landings, a luxury development based around a private…
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Florida Property Market Starting To Rise Downturn Could Be Over
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09/23/2009 07:00 PM
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House prices in Florida have seen their first monthly rise since July 2006, up 0.5% between April and May, according to Standard & Poor’s Home Price Index. The National Association of Realtors (NAR) said house sales had seen a “sustainable”…
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Barbados Property Demand From UK Buyers
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09/23/2009 07:00 PM
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The Caribbean island of Barbados has long been a popular destination for overseas property buyers, particularly those from the UK. Its property market is known as one of the best and most developed in the region, and many UK buyers have purchased holiday…
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Manchester Home Sellers Go Private
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09/23/2009 07:00 PM
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One of the most established private sales website in the UK reports that Manchester house sellers are the websites most active sellers. The website which contains thousands of homes for sale from all over the UK identified Manchester as its latest hot…
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Portugal Tourism Having 3rd Best Year
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09/22/2009 07:00 PM
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Portugal is on track to have its third best year ever for tourism, according to statements from a government minister. While the worldwide economic crisis had been predicted to wreak havoc on many nation’s economies and tourism sectors, the sector…
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RICS Say Liberal Million Pound Home Tax Difficult
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09/21/2009 07:00 PM
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The Liberal Party proposed taxation plans on Millionaire home owners may not be straightforward to implement according to the Royal Institute of Chartered Surveyors RICS Commenting on the Liberal Democrats announcement that they plan to levy a tax on…
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Pound Hurts Pensioners in Spain
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09/21/2009 07:00 PM
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22/09/2009 London-The recent fall in the value of the pound against the euro is hurting UK pensioners abroad, and in particular those living in Spain. Many pensioners are already living on small incomes, and the fall in the exchange rate over the past…
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Sterling in Trouble as Recovery Stalls
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09/21/2009 07:00 PM
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As the Pound falls to new lows against the Euro, Australian Dollar, New Zealand Dollar and US Dollar, many buyers of overseas property are struggling with the cost of transferring money overseas. The problem for the beleaguered Pound has been…
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French Property Beating Spain For Buyers
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09/20/2009 07:00 PM
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The latest report from overseas mortgage specialist Conti indicates that more UK residents are looking for homes in France than any other foreign country. France was in second place in 2008, behind Spain, which has fallen to second so far for 2009. The…
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Dubai Hosting Property Shows in October
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09/18/2009 07:00 PM
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Dubai is hosting two of the world’s largest and most important property shows in October. At the beginning of the month is the annual Cityscape Dubai expo and the end of the month will see the Worldwide Property Show. Cityscape Dubai will run from…
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Overseas Property Sellers & Mortgage Enquiries Up
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09/17/2009 07:00 PM
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18/09/09- Today saw an overseas mortgage company and specialist overseas property portal announce increases in activity in the French and Spanish housing markets from its international clients. Conti Financial released its top ten destinations…
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DIY Homes Sales Boosted in the UK
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09/17/2009 07:00 PM
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The relatively small private sales industry in the UK has seen one of its most established providers The Little House Company join forces with one of Europe’s leading training providers Redtray. The Sunday Times Microsoft Tech 100 firm will…
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Foreign Buyers Less in the US
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09/16/2009 07:00 PM
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The number of international real estate buyers in the United States’ residential real estate market has taken a hit due to the international economic crisis. The latest survey from the US National Association of Realtors (NAR) shows that the interest…
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Spain Has New Golf & Beach Resort
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09/15/2009 07:00 PM
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One of the newest golf resorts in Spain is the Roda Golf and Beach Resort, located in San Javier along the Costa Calida. This new course is quickly becoming a popular destination for golfers and holiday travelers who want the best of all worlds. It is…
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UK Housing Market Survey Confirm Rising Prices
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09/15/2009 07:00 PM
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More and more housing market indicators are suggesting that UK property market is on the up. The latest comes from the Royal Institute of Chartered Surveyors (RICS) who indicate that the house price net balance turned positive for the first time…
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Brazil Maceio Next Brazilian Property Hot Spot
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09/14/2009 07:00 PM
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The northeast Brazilian city of Maceió is a thriving hotspot with beautiful beaches and great weather. The capital of the Alagoas State, it is not as well known as other popular destinations along the coast, but it has plenty to offer anyone looking…
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Colombian Property Market Set For International Buyers
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09/14/2009 07:00 PM
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The Colombian real estate market has been highlighted as a potentially good place to buy overseas property in an article in the New York Times. It highlights Cartagena a city on the northern coast of Colombia and capital of Bolívar Department…
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Residential Prices in China Rise Again
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09/13/2009 07:00 PM
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The latest figures from China’s National Bureau of Statistics show that residential property prices rose again in July and August. Property prices in 70 large and mid-size cities throughout China rose 2 percent in August from the same time in 2008…
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USA Housing Market No.1 For Overseas Property Portals
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09/10/2009 07:00 PM
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Overseas property portals Homesgofast.com and Property-Abroad state that USA was the No.1 place for buyers making enquiries for real estate during August 2009. Homesgofast.com carries over 150,000 international listings offered…
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US Pending Property Sales Hot
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09/10/2009 07:00 PM
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The number of pending home sales in the United States has risen for six straight months, according to the National Association of Realtors (NAR). That hasn’t happened since the NAR began tracking pending sales in 2001. The Pending Home Sales…
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Greek Housing Market Has Positive Outlook
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09/09/2009 07:00 PM
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Home prices in Greece have weathered the international economic downturn reasonably well and the outlook for the future is solid. According to the Second Quarter 2009 Real Estate Comment from the Bank of Greece, appreciation in home prices peaked at…
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Thousands Download Florida Property Guide
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09/09/2009 07:00 PM
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Colordarcy Investment has recently published the Florida Property Guide to help potential investors in the Florida property market and it has already helped thousands of people. The Guide available online to download is a free resource…
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New Zealand Housing Market Attracting Overseas Investors
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09/09/2009 07:00 PM
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Property investment in New Zealand is gaining a new lease of life as overseas investment increases with the help of internet-based organisations. A leading online agency New Zealand Property Solutions www.nzps.com reports that international property…
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Property Show "A Place In The Sun" Reveal Exhibitor List
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09/09/2009 07:00 PM
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A Place in the Sun has today released its current confirmed exhibitor list for A Place in the Sun Live at the NEC, Birmingham, 2nd-4th October. With three weeks to go, seventy companies specialised in the overseas property sector have committed…
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Australian Real Estate in Recovery
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09/08/2009 07:00 PM
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The real estate market in the popular Australia destination of Queensland is showing signs of recovery. The latest figures from the Real Estate Institute of Queensland (REIQ) show that the volume of sales in Brisbane rose by 28.4 percent in the second…
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Brad Pitt Visits Spain
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09/07/2009 07:00 PM
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American actor Brad Pitt recently took a quick trip to northern Spain to visit the Niemeyer Cultural Center and look into the progress of the Aviles Island of Innovation. The project is a major urban redevelopment of this port city on the Atlantic coast…
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World Housing Market Starting to Recover
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09/06/2009 07:00 PM
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The latest data from the Global Property Guide shows that the world housing market is showing signs of recovery. Seven countries have emerged from the housing price slump for the quarter, but many countries suffered significant drops in the first half…
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Dubai Metro Hopes to Boost Property Prices
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09/03/2009 07:00 PM
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The Dubai Metro will be officially inaugurated on September 9th and is expected to increase the values of nearby properties. Though growth has slowed in the emirate recently, it is still expanding rapidly. Residents and visitors will be able to get around…
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Lender Cuts Mortgage Rate to 1.99%
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09/03/2009 07:00 PM
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The largest lender in Britain, HSBC, has announced it will offer a two-year discount mortgage rate of 1.99 percent. This special deal is only available to buyers who have at least a 40 percent deposit and there is also a £1,199 arrangement fee.…
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Chalet Operator Goes Into Liquidation
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09/02/2009 07:00 PM
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Luxury chalet company Descent has gone into liquidation, following several smaller companies including Ski All America and Indigo Lodges. Descent began operating in 1997 and offered high-end accommodations for holiday travelers and vacationers in France…
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Phuket Luxury Villas Popular
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09/01/2009 07:00 PM
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Although the overall housing and real estate market in Thailand has been slowed this year, the demand for luxury villas in Phuket has remained steady. The popular holiday destination in Thailand has seen transactions for luxury villas hit Bt3.5 billion…
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Hamburg Develops Eco City
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08/31/2009 07:00 PM
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Germany’s famed port city of Hamburg is transforming the face of its Harburg Harbor into a world class eco city development. The area is being transformed from an industrial site that housed shipbuilders and factories into a new urban area that…
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House Prices in Birmingham Below National Average
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08/30/2009 07:00 PM
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The UK’s second largest city Birmingham is well below the average house price in the UK and seems to be out of step with other regions showing steady house price increases. Land registry figures show that Birmingham average house price was £139,146…
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Algarve Tourism Board Promotes Region
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08/30/2009 07:00 PM
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The Algarve Tourism Board (ERTA) is working hard to increase the quality of visitors’ experiences, according to the new president, Dr. Nuno Aires. In an interview with the Algarve Resident Newspaper, Dr. Nuno Aires stressed the importance of having…
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Finland Home Sales Pick Up
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08/30/2009 07:00 PM
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Sales of residential real estate in Finland peaked in mid 2008 and fell for several quarters, but have now started to pick up again. According to Statistics Finland, a government agency, prices for housing rose in the second quarter of 2009 by 2.3 percent…
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US New Home Sales Surge in July
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08/27/2009 07:00 PM
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New home sales in the United States rose by 9.6 percent in July, the fourth straight month of gains. The US Commerce Department released its latest report and indicated that sales rose to an annually adjusted rate of 433,000 from an upwardly revised…
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French House Sales Improving
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08/25/2009 07:00 PM
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New home sales in France increased sharply during the second quarter of 2009, according to the latest figures from the French government. Approximately 28,000 new homes were sold from April through June, an increase of 29.7 percent over the same period…
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Portugal Third in Pleasurable Rankings
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08/24/2009 07:00 PM
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A unique survey from ice cream company Magnum shows that Portugal ranks third in the world in terms of the level of pleasure enjoyed by its citizens. The survey was based on ten different categories and resulted in an overall “Pleasure Quotient.”…
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Overseas Property Awards Launched by HomesOverseas.co.uk
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08/24/2009 07:00 PM
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The first ever HomesOverseas.co.uk Awards have been launched to celebrate the best in worldwide property development. The Awards are designed to reward excellence and innovation, and are set to become the most coveted prize in the industry. Honours will…
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Turkish Property Development Wins International Award
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08/20/2009 07:00 PM
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Turkey's Varyap Meridian residential and commercial development has won the 2009 International Property Awards for Best Real-Estate Project and the Best High-Rise Building in Europe. The new complex is being constructed on the Asian side of Istanbul…
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Dubai Property Market Stabilizing
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08/19/2009 07:00 PM
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The Dubai residential property market is starting to stabilize, according to the latest report from property consultants Jones Lang LaSalle. At the end of the second quarter of 2009, the decline in achieved prices slowed to 6 percent. The achieved price…
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Distressed Property Sales Rise Globally
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08/17/2009 07:00 PM
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Distressed property sales have increased in more than 75 percent of countries around the globe. The Royal Institution of Chartered Surveyors (RICS) recently carried out a survey on distressed properties in the commercial property marketplace. Of the…
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Tampa Area Home Prices More Affordable
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08/16/2009 07:00 PM
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Home prices in Florida are more affordable than they have been in decades, according to the Florida Association of Realtors (FAR), making this an ideal time to buy. In the Tampa Bay metro area, home prices are now more affordable than they have been…
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Pound May Suffer As France & Germany See Growth
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08/13/2009 07:00 PM
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France and Germany announced a return to economic growth this week – signalling (technically) the end of the recession in two of Europe’s biggest economies. This is in stark contrast to the Bank of England who are painting a downbeat…
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Florida Property Named Top Destination For Holidays & Property
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08/10/2009 07:00 PM
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Overseas property investors and those seeking a holiday home abroad should have Florida high on the agenda according to the international real estate website Homesgofast.com and the Forbes Traveler magazine. Forbes Traveler named Orlando…
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Northern Ireland Take Action Over Turkish Property Scam
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08/08/2009 07:00 PM
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The long arm of the law has stretched from Turkey to Northern Ireland and has resulted in Ulster based suspect Mr Kevin O'Kane facing charges for a Turkish property scam. The suspect had fled Turkey and the Turkish Police whilst he was still under investigation…
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UK Mortgage Companies Guilty of Excessive Default Charges
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08/07/2009 07:00 PM
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London 08/08/2009- A report from the Treasury Select Committee is calling for harsher action against some mortgage companies by the Financial Services Authority. It asked for the body to "raise its game" against companies that are not…
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Darwin House Prices More Expensive Than Sydney
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08/07/2009 07:00 PM
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The Australian housing market is showing signs of a recovery as it witnesses significant house price rises in Sydney Melbourne and Perth average house prices in Darwin outstripped all regions now with the highest median house prices. Australian Property…
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The Post Office Launch Overseas Property Money Transfer Service
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08/07/2009 07:00 PM
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LONDON 08/08/2009- Selling or buying an overseas property may have become a little less expensive according to the Post Office who has just launched a new foreign currency money transfer service. The service is targeting those who are bringing money…
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Luxury Home in London For David & Victoria Beckham
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08/05/2009 07:00 PM
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David Beckham has been getting a tough time from fans at LA Galaxy and this could well be behind the reason for Victoria looking at a new home in London. Victoria Beckham is rumoured to be in the running for a luxury Chelsea home valued at about £10…
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Luxury Overseas Property Buyers Head For London
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08/03/2009 07:00 PM
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Overseas property website Homesgofast.com reports an increase in demand from international buyers seeking property in London, at same time the property acquisition firm 'Prime Purchase' report the problem of a lack of supply of luxury London…
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Ryanair Switch Focus To Lanzarote & Canaries
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08/02/2009 07:00 PM
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Leading low cost flight operators Ryanair have recently announced that they will be creating 39 new services to the Canary Islands this winter. As the company switch their attention away from services at Stanstead to take advantage of the…
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Florida Property Attracting British Bargain Hunters
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08/02/2009 07:00 PM
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British bargain hunters are searching for properties in Florida before the market results in an inevitable lack of bargains according to a leading mortgage company at The British Home Group Lee Weaver of Florida based Mortgage Company The…
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Sydney Australia Property Prices Up
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07/31/2009 07:00 PM
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The Sydney housing market breathed a sigh of relief with new data showing that The value of the city’s typical home rose 3.7 per cent after five quarters in a row of flat prices . THE upper north shore was Sydney’s strongest performing…
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UK Top Destination For Overseas Property Exhibitions
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07/30/2009 07:00 PM
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Overseas property is still high on the agenda for UK buyers and as a result the British have a huge choice of forthcoming international property events to attend. Friday, 11th September 2009 The French Property Exhibition. The French Property…
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Property news gives UK exchange rates a boost
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07/30/2009 07:00 PM
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Exchange rates for sending money abroad are up across the board this week - mostly due to Nationwide's house price survey showing a surprise 1.3% rise in house prices for July.The UK's biggest building society believes that we may even see house prices…
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Bulgarian Hotels Drop Prices
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07/30/2009 07:00 PM
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Hotels in Bulgaria’s Albena resort along the Black Sea have launched a promotion with prices as low as 10 leva. The prices are good through the end of August, 2009, according to various hotel companies. Price for a room and breakfast in the Dobrudja…
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Cyprus to Host 2012 European Shooting Games
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07/30/2009 07:00 PM
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Cyprus will host the 2012 European Shooting Championships for the Shotgun, according the European Shooting Confederation. The decision came from the recent General Assembly of the European Shooting Confederation, held in Osijek, Croatia. At the…
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Spanish Property Sales Stopped By Swine Flu
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07/30/2009 07:00 PM
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Swine Flu fears have disrupted a much needed boost to the Spanish property market by putting off international investors who were set to attend Palma property Auctions. The auctions have had a series of cancellation from overseas buyers owing to growing…
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Greek Theatre Revived
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07/29/2009 07:00 PM
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The ancient Greek theatre of Maroneia, located in the northeast part of Greece, will open for a performance in August nearly 23 centuries after the last one took place. The performance will take place on August 29th, with the first hostess being Greek…
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George Clooney’s New Italian Love
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07/29/2009 07:00 PM
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American actor George Clooney has been seen at his Lake Como, Italy home with a new Italian love interest, according to news reports. The perennial bachelor has been spotted with Sardinia model and television hostess Elisabetta Canalis. The 30-year…
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Fractional Ownership Group Go From Strength To Strength
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07/29/2009 07:00 PM
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The financial slow down in the housing market has resulted in the rise in investors considering purchasing property by way of fractional ownership. The Fractional Ownership Consultancy (FOC) has now been re branded as The Fractional Group in order to…
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Eco Friendly Tourism in Northern Brazil
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07/28/2009 07:00 PM
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The Brazilian state of Acre became known for its rubber trees and the Amazon forest in which they grow, but now it seeks to draw visitors for eco-tourism and holidays. The state is located next to the borders of Peru and Bolivia and is the westernmost…
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Luxury Destination Evolves at Samra Bay Egypt
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07/28/2009 07:00 PM
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Samra Bay Marina and Spa Resort is a new luxury destination along the Golden Mile of Hurghada, Egypt. It is situated along the Red Sea coast of Egypt and is the premier tourist destination in the country. This new resort is being developed on 120,000…
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Portugal To Attract UK Buyers At Overseas Property Show
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07/28/2009 07:00 PM
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Portugal is to be highlighted to UK overseas buyers at a forthcoming property exhibition taking place in September at the NEC Birmingham in the UK. The popular international property exhibition “A Place in the Sun Live” will showcase Portugal…
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Dominican Republic Bucks Global Recession with New Financial Hub
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07/27/2009 07:00 PM
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The Dominican Republic appears to be bucking the global recession by forging ahead with ambitious new plans to provide an off-shore financial hub for the Americas. Privately owned and situated on a green-field site half the size of Manhattan, The…
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Spanish Minister Visits Gibraltar
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07/27/2009 07:00 PM
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Spanish Foreign Minister Miguel Angel Moratinos recently crossed the isthmus into Gibraltar to attend talks with British Foreign Secretary David Miliband and Gibraltar’s Chief Minister, Peter Caruana. The visit was the first by a Spanish government…
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Spain to Spend 1 Billion Euros on Tourism
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07/27/2009 07:00 PM
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The Spanish government has just announced that it plans to spend €1 billion to promote tourism in the country as it seeks to gain back some of its lost visitors. This is actually the third extension of the Plan Renove tourism promotion that was…
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Tour De France Highlights Annecy
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07/27/2009 07:00 PM
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The final time trial of the 2009 Tour de France took place around Lake Annecy in the foothills of the French Alps. The town of Annecy is the capital of the Haute-Savoie region and has also been selected to bid for the 2018 Winter Olympics. The town and…
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Alentejo Tourism on the Rise
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07/27/2009 07:00 PM
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Portugal’s Alentejo region has experienced an increase in tourists this summer compared to 2008. The Tourist Development Unit recently told the Lusa news agency that the number of tourists to the region has risen two to three percent for the summer,…
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Caspar Theme Park to Open in Dubai
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07/27/2009 07:00 PM
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The first Caspar Theme Park in the Middle East is set for Dubai. The new park based on the popular cartoon character, Caspar the friendly ghost, is to be located in Dubai Festival Centre and is scheduled for opening in 2010. The Caspar theme park is…
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Halki Seminary Looks To Reopen in Turkey
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07/27/2009 07:00 PM
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The reopening of the Greek Orthodox Halki Seminary on Heybeliada Island off Istanbul is being discussed by local residents and politicians. The seminary operated from 1844 until 1971 on the second largest of the Prince’s Islands in the Marmara…
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Trump Parc, Stamford, Connecticut
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07/27/2009 07:00 PM
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On the corner of Broad Street and Washington Boulevard in downtown Stamford, Connecticut is the Trump Parc high-rise residential tower. This is the tallest building in the city and it is nearing completion with plans to open this fall. While the…
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Extreme House Selling Hits The UK
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07/26/2009 07:00 PM
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A new trend in home selling could be about to take the UK by storm namely 'Extreme House Selling'. International news agency Reuters reports on how UK home sellers are employing extreme methods to help sell properties in a difficult market. In a recent…
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Douro Gets First Development
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07/20/2009 07:00 PM
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Aquapuro Douro Valley is the first resort development in the heart of the Douro Region of Portugal. It combines 17 villas for sale overlooking the Douro River with a resort hotel and luxury spa. The villas are carved out of 8 hectares of land in the…
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EasyJet to Fly to Israel, Expand Morocco Service
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07/20/2009 07:00 PM
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UK airline EasyJet recently announced that it was introducing service from Luton to Tel Aviv, Israel and also adding service between Gatwick and Agadir, Morocco. The airline will be the first low-cost airline to fly between the London area and Tel Aviv,…
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Bangkok Investors Look At Metro System
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07/20/2009 07:00 PM
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Property investors who are hoping for high returns in Bangkok should look at property near the expanding mass-transit system. Local real estate advisor Khun Pumipat Sinacharoen, CEO of property firm Bangkok City Smart, noted in a recent interview that…
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Moroccan Government to Promote Tourism
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07/19/2009 07:00 PM
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The Moroccan government recently set aside US$37.3 million to invest in the tourism sector. The government and the National Tourism Federation signed an agreement to promote the North African country as a tourist destination. The plans are to spend the…
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Construction on New Home in US Rises
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07/19/2009 07:00 PM
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The number of new homes under construction in the United States rose in June to the highest level in seven months, according to the US Commerce Department. Builders are looking to take advantage of parts of the stimulus package that provide tax breaks…
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International Tall Buildings Awarded
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07/19/2009 07:00 PM
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The Council on Tall Buildings and Urban Habitat (CTBUH) announced the winners of its regional “2009 Tall Building Awards.” The four buildings are Manitoba Hydro Place in Winnipeg, Canada for the Americas region; The Broadgate Tower in London…
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International Buyers Want Scotlands Finest Properties
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07/17/2009 07:00 PM
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International buyers are being attracted to some of Scotlands most impressive properties in the year of Homecoming Scotland 2009, a year long event that marks the 250th anniversary of the birth of the great Scottish poet Robert Burns, According…
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Turkey Signs Pipeline Agreement
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07/17/2009 07:00 PM
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Turkey and four European Union countries recently signed an agreement to construct a new natural gas pipeline across Turkey. The pipeline will bring gas from the Caspian Sea region and Central Asia to Europe. The aim is to reduce the continent’s…
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China’s Economy Grows 7.9%
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07/17/2009 07:00 PM
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The Chinese economy grew 7.9 percent in the second quarter of 2009, the government recently announced. The stunning economic jump from the country was helped by some US$580 billion in stimulus from the government, and it offers hope to the rest of the…
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Australia Tops Investment Destinations
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07/16/2009 07:00 PM
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Australia comes out on top of the list of best countries in the Australasia Region for property investment, with China and Japan right behind it. The Investment Intentions Asia Survey, conducted by the Asian Real Estate Association, the European Association…
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Cape Verde’s First World Heritage Site
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07/16/2009 07:00 PM
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Cidade Velha has become Cape Verde’s first UNESCO World Heritage site. The town of Ribeira Grande, renamed Cidade Velha in the late 18th century, was the first European colonial outpost in the tropics. Located in the south of the island of Santiago,…
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Overseas Property Investors Cause Brazilian Boom
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07/16/2009 07:00 PM
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The dynamic city Recife on the Atlantic coast is undergoing a building boom as thousands of overseas investors and expats have discovered it is a great place to buy property for a holiday or retirement home.Sun, sandy beaches, year-round warm weather…
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Property Investors Make Brazil Number One at HomesGoFast.com
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07/16/2009 07:00 PM
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The UK based overseas property website Homesgofast.com which carries over 200,000 listings announced that Brazil is the firm favorite with international investors. CEO Nicholas Marr confirms the demand with international real estate investors relating…
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Burj Dubai Opening Delayed
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07/16/2009 07:00 PM
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The opening of the Burj Dubai tower in Dubai, the world’s tallest building, has been delayed by three months until December, 2009. The National newspaper in the United Arab Emirates reports that two contractors involved in the project said work…
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Derek Jeter’s Florida Mansion
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07/15/2009 07:00 PM
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New York Yankees star Derek Jeter is in the process of building a very large house along the Tampa Bay waterfront just outside of Tampa, Florida. The size of the yet-to-be-completed house is drawing the attention of both neighbors and the New York City…
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QE2 May Be Headed For South Africa
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07/15/2009 07:00 PM
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Retired ocean liner Queen Elizabeth 2 looks to be headed for South Africa as a floating hotel for next summer’s football World Cup. The current owners, Nakheel, a subsidiary of Dubai World, planned to refurbish the QE2 and have it berthed at the…
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South Africa Construction Back on Track
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07/15/2009 07:00 PM
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An agreement with striking workers means that construction work on the 2010 Soccer World Cup stadiums is back on. The SA Federation of Civil Engineering Contractors, (Safcec), the employer body, and the unions representing the workers signed the agreement…
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Lusophone Games in Portugal
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07/13/2009 07:00 PM
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The 2009 Lusophone Games are currently taking place in Portugal, and run from July 11th through the 19th. These games are for the Portuguese-speaking National Olympic Committees of the world, and this is the second staging of the games. The first Lusophone…
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15,000 Sustainable Homes for the UK
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07/13/2009 07:00 PM
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The Crown Estate and the Homes and Communities Agency have partnered with the goal of developing 15,000 sustainable homes across the UK over the next 10 years. The agreement foresees some 10,000 homes being developed in Hertfordshire, Bedfordshire and…
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Cyprus Settlement Talks
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07/13/2009 07:00 PM
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Talks between the two sides of Cyprus aimed at reunifying the island are under way and it is hoped that a settlement will be reached by the end of the year. The Turkish Cypriot President Mehment Ali Talat said recently that he would like to conclude…
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Lanzarote Tourism Down 18% Year To Date
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07/13/2009 07:00 PM
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The number of tourists visiting the holiday island of Lanzarote continues to fall. According to new figures just released by the Spanish airport operators AENA. Who have reported a half year drop in foreign arrivals of 18%. With the British market…
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Running of the Bulls, Pamplona
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07/12/2009 07:00 PM
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Bulls are let loose every day for the eight days of the San Fermin Festival in Pamplona, Spain, and people can run alongside them. This ancient tradition has helped the San Fermin to become one of Spain’s best known festivals. Every year visitors…
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Dubai’s RERA Cracks Down
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07/12/2009 07:00 PM
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The Real Estate Regulatory Agency (RERA) of Dubai has suspended the license of a property broker and is warning that other such companies will face the same fate if they do not register with the agency. The broker – Sulehri Real Estate –…
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Tornado Tower, Doha
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07/12/2009 07:00 PM
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The Council for Tall Buildings and Urban Habitat (CTBUH) has selected the Tornado Tower in Doha, Qatar as the best tall building in the Middle East and Africa Region. The CTBUH announced the winner for each of its four regions recently and will crown…
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Singapore Home Prices Fall By 5.9%
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07/10/2009 07:00 PM
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Private home prices in Singapore fell by 5.9 percent in the second quarter of 2009, according to the preliminary numbers released by the Urban Redevelopment Authority (URA). That is a much slower rate of decline than in the first quarter, when prices…
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Trump Tower Penthouse
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07/10/2009 07:00 PM
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A 5,500 square foot penthouse at the top of the Trump International Hotel and Tower in New York City is set to sell for a reported US$18 million. The unit was owned by Italian film mogul Vittorio Cecchi Gori, but was foreclosed on and is being dealt…
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Olympic Village Plans Released
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07/10/2009 07:00 PM
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The London Olympic Delivery Authority (ODA) and the London Olympic Organising Committee (LOCOG) just released its plans for the Athlete’s Village in the city. The Athlete’s Village is adjacent to the Olympic Park and Stratford City and will…
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Tokyo Tops Most Expensive City List
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07/08/2009 07:00 PM
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Tokyo is on top of the latest cost of living ranking for cities around the globe. The survey is undertaken by Mercer, a global consultant, and looks at 143 cities. It uses the cost of living in New York City as a baseline of 100, and currency movements…
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Britons Head to Turkey
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07/08/2009 07:00 PM
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The fall in the British pound against both the US dollar and the euro has made holidays to traditional destinations more expensive for travelers from the UK. As a result, Britons are heading to places where their money can buy a little more, and Turkey…
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Canada Market Stabilizing
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07/08/2009 07:00 PM
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The housing market in Canada is stabilizing after a very poor winter, according to real estate firm Royal LePage. In its most recent market survey, the Canadian firm revised its outlook for the year slightly upward. Average house prices are predicted…
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Trophies For The Best Brazilian State
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07/08/2009 07:00 PM
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The Brazilian state of Minas Gerais won four of eight trophies in the Routes of Brazil awards sponsored by the Brazilian Ministry of Tourism. The awards are granted by the Ministry of Tourism in recognition for the most popular and successful tourism…
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Farm Holidays in Slovenia
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07/08/2009 07:00 PM
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The Karst region of southwestern Slovakia has long been popular with travelers for its food and wine. It is a wonderful place to spend a few days or more enjoying the region’s treats and favorites. Located next to Italy, this part of Slovakia has…
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Cairo’s Metro Line 3 Under Construction
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07/08/2009 07:00 PM
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The second phase of construction for Cairo’s Metro Line 3 officially got under way recently. The new line will help to increase the capacity of the Cairo Metro to some 4.5 million commuters when completed. The line will eventually extend from Imbaba…
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Condominium Starts in Bangkok Fall
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07/07/2009 07:00 PM
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New condominium projects in Bangkok fell in the first quarter of 2009 by 36 percent from the same time a year ago according to the latest research from Thailand. The drop in condo developments, reported by property firm Century 21 Thailand, is in large…
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Sandra Bullock Applying for German Passport
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07/07/2009 07:00 PM
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Actress Sandra Bullock said in a recent visit to Germany that she and her sister are trying to obtain German citizenship. The actress was in Munich where her latest film, The Proposal, was opening. The new film also co-stars Ryan Reynolds and, coincidentally,…
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Namibia is a Popular Destination
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07/07/2009 07:00 PM
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The country of Namibia along the southern Atlantic coast of Africa has become an increasingly popular destination for both travelers and expats looking for a new home. The former colony called German Southwest Africa, then controlled by South Africa,…
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Spanish Builder Ordered to Pay Expats
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07/06/2009 07:00 PM
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A Spanish builder was ordered to return the purchase price plus interest to two expat buyers of off-plan property that was not completed on time. This ruling was recently affirmed by the regional Supreme Court and is potentially groundbreaking for buyers…
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LEGOLAND Discovery Centre Coming to Manchester
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07/06/2009 07:00 PM
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The first LEGOLAND Discovery Centre (LDC) is coming to the UK and should be open in time for Easter, 2010. The new Discovery Centre will take up 3,500 square meters in the Trafford Centre, Manchester and will be operated by Merlin Entertainments. …
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Languedoc-Roussillon Region Has a New Resort Village
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07/06/2009 07:00 PM
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In the heart of France’s beautiful Languedoc-Roussillon region is a new resort village that is set to be one of the premier resorts in the country. For those who want to visit for a few days, have a corporate retreat, buy a home for weekend relaxation…
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Pound Hits Resistance as Exchange Rates Falter
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07/02/2009 07:00 PM
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The Pound has failed to gain on its recent rally this week, showing no further improvement against most major currencies. This comes despite negative data elsewhere, particularly in the USA, where yesterday’s non-farm payrolls (the main…
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High Profile Events in the Algarve Portugal
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07/02/2009 07:00 PM
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Several high-profile events are taking place in the Algarve this weekend and next. If you are spending the weekend in this beautiful part of the world, this is a great opportunity to see some stars and have some fun. Or, if you don’t have plans,…
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Mexico Food Festival Coming
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07/02/2009 07:00 PM
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The Taste of Playa, an international food festival, is coming to the popular Mexican resort destination of Playa del Carmen in September of 2009. Organizers just announced the festival as a way to showcase the unique food available at the resort and…
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Egyptian Tourism Revenue 2009
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07/02/2009 07:00 PM
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Tourism revenue in Egypt fell in the first four months of 2009 compared to the same period in 2008, according to the latest figures from Reuters and the Ministry of Tourism. While the numbers from the two sources differ, it is clear that the world financial…
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Promenada in Warsaw to Expand
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07/02/2009 07:00 PM
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The owner and operator of Warsaw’s Promenada shopping mall, Carpathian PLC, has purchased the Poldrim shopping centre next door and plans to add it to the mall. The company indicated that the new area would help to unlock future expansion opportunities…
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Victoria Square Best Irish Retail Development
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07/02/2009 07:00 PM
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The mixed use and retail center Victoria Square was just announced as winner of the 2009 RIAI award for Best Retail Development, awarded at the Irish Architecture Awards in Dublin. The highly-acclaimed £400 million-property opened in the centre…
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Office Acquisitions Popular in Moscow
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07/02/2009 07:00 PM
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Office acquisitions have become an increasingly popular business investment in Moscow, particularly as the world wide economic crisis has driven prices for these properties down. A recent report from property advisors Jones Lang LaSalle indicates that…
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EU Cancels Croatia Talks
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07/02/2009 07:00 PM
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The European Union announced that it has cancelled the next round of membership talks with Croatia due to a border dispute with Slovenia. The border dispute has been going on for 18 years since both countries declared their independence from Yugoslavia,…
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Bursa Turkey Lures International Tourists
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07/02/2009 07:00 PM
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The Turkish city of Bursa has just launched a new campaign to lure travelers to the city. Entitled “To Bursa on the weekend,” the campaign hopes to attract some of the many travelers who are an increasingly important part of the country’s…
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Marriott Introduces Courtyard Brand in Turkey
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07/02/2009 07:00 PM
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Marriott International recently announced that it is opening its Courtyard brand of hotels to Turkey. The first property to open in the country is the 262-room Courtyard by Marriott Istanbul International Airport. The hotel is five kilometers from Istanbul’s…
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Dubai Hotel to Auction Rooms
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06/29/2009 07:00 PM
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Dubai’s Monarch Hotel on Sheikh Zayed Road plans to auction off hotel rooms in an effort to increase visits and entice potential guests to its five-star property. Hotels in Dubai have been hit hard by the global economic downturn and this is seen…
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More Londoners Looking to the Country
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06/29/2009 07:00 PM
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Over the past year an increasing number of city dwellers are making plans and moving to the countryside. According to Knight Frank, since June, 2008 the number of people who have planned to move out of London has increased by nearly 10 percent. And that…
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Brazil to Cut Interest Rate
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06/29/2009 07:00 PM
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Brazil plans to cut the TJLP long term interest rate to 6% from 6.25% at its meeting on June 30, according to Finance Minister Guido Mantega. The move is set to be ratified by the National Monetary Council, or CMN, and is intended to stimulate investment…
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Singapore Sales Rise
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06/29/2009 07:00 PM
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Private property transactions in Singapore rose in May to 1,688, which is close to the all-time record of 1,731 that was reached in August, 2007. The Urban Redevelopment Authority (URA) data is an encouraging sign that the property market in Singapore…
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The Heights on Phuket
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06/29/2009 07:00 PM
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The Heights Phuket condominium development has been completed and is now open for all residents. The award-winning condo on Thailand’s Phuket Island, undertaken by developer Raimon Land, is one of the few new condo developments that is expected…
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Summer on the French Riviera
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06/25/2009 07:00 PM
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Now that the summer holiday season is upon us, the French Riviera is a wonderful place to visit, relax and enjoy the many celebrities who spend time here. Stretching for some 160 kilometers from Monaco and the border with Italy in the east down past…
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Trieste Hosts Summit
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06/25/2009 07:00 PM
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The Italian city of Trieste is hosting the G8 Foreign Ministers from June 25 to June 27. Over 40 national delegations plan to be at the Trieste Foreign Minister’s Meeting, which is the major occasion for political talks among the foreign services…
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Obama To Visit Italy for G8
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06/25/2009 07:00 PM
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US President Barack Obama plans to head to Italy for the next G8 summit in July, which will take place in L’Aquila from July 6 - 8. The summit has been moved from the original host city of La Maddalena to L’Aquila in support of the area after…
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Florida Home Sales Increase
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06/23/2009 07:00 PM
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Home sales in South Florida are on the rise as prices continue to plumb the depths. The low prices and great deals are bringing many potential investors and buyers into the market, and sales are seeing a spark. Broward County, just north of Miami, saw…
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Investors Look to the Future in Asia
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06/23/2009 07:00 PM
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Investors may not be flooding the market at the moment, but the long term forecast for Asia’s property market is solid. The Asian Real Estate Association (AREA) has just released its latest research showing that investors still like the Asian real…
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German Confidence Rises
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06/23/2009 07:00 PM
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German business confidence rose for the third straight month, providing hope that the recession in Europe’s largest economy may be easing. The IFO Institute in Munich released its business climate survey, which increased from 84.3 in May to 85.9…
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Bom Sucesso Golf In Charity Event Success
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06/22/2009 07:00 PM
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BOM SUCESSO - Design Resort, Leisure & Golf Portugal, in conjunction with the Vale de Galamares Golf Club, organised a charity golf tournament which was held on 26 April 2009. The event and raised thousands of Euros for a This tournament,…
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Lisbon Overtakes Algarve
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06/22/2009 07:00 PM
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Portugal’s capital city is becoming a more popular destination for visitors to the country than the famed Algarve region, according to the most recent statistics. For all of 2008, the economic value of tourist stays in Lisbon and the surrounding…
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China Lower Capital Requirements
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06/22/2009 07:00 PM
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China has relaxed a key financial requirement for commercial property developers to proceed on new products, according to a recent report in the China Daily. The policy changes, which lowers the ratio of capital to costs, is hoped to ease developers’…
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World Bank Issues Forecast
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06/22/2009 07:00 PM
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The World Bank issued its latest forecast for the global economy and predicted that the worldwide recession will be deeper than many expected. The bank said that unemployment and poverty will continue to rise in developing nations and predicted a 2.9…
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UK Low Interest Rates
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06/21/2009 07:00 PM
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Record low interest rates in the UK mean that homeowners are actually better off than before - in one sense. The average homeowner with a mortgage now has more left over after paying the bills due to the low interest rates and some lower costs for other…
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Spanish Investors Look for Amnesty
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06/21/2009 07:00 PM
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Real estate investors in Spain are hoping for wide-scale amnesty in the face of crackdowns on illegal planning in the recent housing boom. Many new homes in Spain, particularly along the coastal areas, or costas, were constructed with permission of corrupt…
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Top US Housing Markets
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06/21/2009 07:00 PM
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While home prices in the United States have fallen dramatically in many places, the long term outlook for some areas is still excellent. US News and World Report has listed its top 10 housing markets for the next 10 years, keeping in mind that many US…
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New Cape Verde Road
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06/18/2009 07:00 PM
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The new Orgãos-Pedra Badejo was recently opened to traffic on Santiago Island, Cape Verde. The road was completed under a compact with the Millennium Challenge Corporation (MCC), a US-government sponsored corporation. The new road is one part…
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Valencia Rent Prices Down
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06/18/2009 07:00 PM
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Prices for rental properties in Valencia, particularly along the popular Costa Blanca, are much lower in 2009 than in the past several years according to reports from the region. Owners of apartments and villas have noted a large drop in bookings and…
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