International Property News

St Vincent and the Grenadines is going international! Following a recent government press conference it has now being confirmed that work on the international airport has commenced following the delivery of the necessary heavy machinery and that it is anticipated that the new airport will open on time in 2011.

Medina Palms, KenyaMedina Palms, an environmentally sensitive residential development on the Kenyan coast, recently launched in Nairobi and is now over 40% sold.

Overseas property specialists David Stanley Redfern Ltd currently have a remarkable development nestled away in a Costa Rican paradise.

After spending the last three decades struggling to recover from the legacy of the Khmer Rouge’s genocidal rule, Cambodia now finds itself in the midst of a real estate boom.

The Cambodian government has announced plans to re-launch the national airline, which was scrapped with massive losses on 2000.

The Great British pound is anything less than ‘great’ against the euro right now with a pound buying a paltry 1.25 euros at the time of writing. The euro has seen its largest ever year-on-year gain (17.26%) against the British currency and everything eurozone is looking expensive from piña coladas to property.

According to experts at CM Real Estate, the Exchange Bond has become a lifeline for intermediaries and property advisers keen to help clients continue buying in spite of the gloomy financial climate.

As Jim Bowen rather insensitively pulled back a screen to show losing Bullseye game show contestants “what they could have won” there are many shrewd property investors sitting on tidy profits whilst those who believed that claims of double digit capital appreciation were too good to be true rue missed opportunities.

Global house price inflation in Q1 2008 stood at 6.1%, compared to 9.2% in Q4 2007, according to the latest Knight Frank Global House Price Index.

Having achieved sales to over 1,500 clients since opening for business at the back-end of 2005, Dream Homes WorldWide is now expanding its international off-plan real estate services into Scandinavia.

Interest in buying property in typical euro destinations such as France and Spain is waning as the poor exchange rate increases costs for British buyers.

Leading overseas luxury specialist PURE International is offering purchasers the exclusive chance to own one of a handful of properties at Goldeneye, one of the most sought after retreats in the world.

Leading overseas luxury specialist PURE International is offering purchasers the exclusive chance to own one of a handful of properties at Goldeneye, one of the most sought after retreats in the world.

Ken Thorkildsen, Director of Obelisk Private Finance, reports on how the strength of the Euro provides European property owners with big profits.

Fiji has to be listed among the top property investment destinations in the world. It has just sprung onto the international stage with a bang. Liam Bailey, head of international research for David Stanley Redfern Ltd explained why Fiji has experienced such an explosion of popularity:

Margarita is the latest location to be added to the David Stanley Redfern Ltd portfolio of international property. There are so many good things to say about the Caribbean island of Margarita, it is hard to know where to start.

The Euro is currently trading at 1.30 with Sterling down dramatically from record highs of two weeks ago. This could be the last chance to make the most of the strength of the Euro according to currency exchange specialist FC Exchange.

There has been much media interest of late into the travails of the majority of the world’s financial institutions following the unravelling of the bundled debt packages that included much sub-prime debt.

“UK buyers do not control the overseas property market and are not the governing body where the world’s property market is concerned”, says Serge Cowan, MD, Unique Living, London based agents working in niche property markets throughout the world.

As record numbers of Britons leave the country permanently to live abroad, new research indicates that Gordon Brown might be responsible.

UK investors would prefer to gamble their dreams of owning a property abroad on volatile currency markets rather than fix the exchange rates according to currency exchange specialists FC Exchange.

As uncertainty continues within the UK property market, buying abroad is becoming an increasingly realistic option for those looking to get their foot on the property ladder or to invest in property.

With the stock markets taking yet another heavy blow this month, can we be sure that the sector is lucrative enough to make any money at all this year? Is it just sub-prime fuelling the withdrawal of investment funds or are investors taking their money elsewhere?

With choppy waters continuing to hamper the overseas property markets, one investment is proving ever more popular and providing investors with ideal conditions to realise their investment goals.

European property now more expensive but buyers should remember that the exchange rates can be used as a negotiation tool to get prices down.

Global survey reveals that Brits abroad not only feel wealthier, but healthier as well.

With 24% of people looking to move abroad in the next twelve months, a new report reveals what Britons will miss the most when relocating overseas and offers some advice on what to pack, aside from their sunglasses and sun cream.

The World Travel and Tourism Council has unveiled its latest research results which indicate the importance of some of the world’s emerging markets as strong sources of income for buy-to-let investors.

Enormous property price growth in Central and Eastern Europe is offering investors an escape route from blighted UK and Spain markets hit by the credit crunch.