Overseas Property
Location of French Alpine home has year-round appeal
A brand new two-bedroom apartment of 61.5 sq m at Le Village de Lessy (pictured), a four-star residence de tourisme in the traditional village of Le Chinaillon in the Les Aravis ski area of the French Alps, is on the market priced at €188,127. The figure excludes VAT, waived under the leaseback scheme.
RICS: Spanish mortgage approvals
Commenting on Spanish mortgage approvals data out this morning, Simon Rubinsohn, RICS chief economist said: "Spanish mortgage approvals data for February released this morning rose for the third consecutive month.
Cuba opens up to property investment
The US’s recent announcement of the lifting of restrictions on visits and transfers to Cuba is predicted to bring a huge boost to the island’s economy, tourism and by extension, property investment. After over five decades of being subjected to severe limitations from its giant neighbour, the recent changes mean Cuba is set to receive thousands more visitors a year.
Easter good news for Costa del Sol property investment
Despite the current global economic slowdown, the Costa del Sol has just experienced record tourist figures for the Easter period, proving that the area remains one of Europe’s preferred holiday spots as well as property investment destinations.
ALMARKAZ - The first multi-faceted realty project in Abu Dhabi
Waha Land, the wholly-owned real estate arm of Waha Capital PJSC, has unveiled "ALMARKAZ", a new multi-faceted project in Abu Dhabi with a first phase development value of AED 4 billion.
Concreting commences at Al Ghurm Garden Villas
Burooj Properties, the real estate arm of Abu Dhabi Islamic Bank (ADIB) and developer of realty projects in the UAE and larger Middle East, announced today that it has commenced concreting works at the company’s Al Ghurm Garden Villas project, following the completion of earth works.
Brits flee UK for sunnier climates
FC Exchange, one of the UK’s leading foreign currency brokers, has launched an emigration guide providing advice and helpful hints and tips for those looking to move to Australia, available to download from the website.
Sol Meliá adds Quinta do Vale to its five-star fold
Already firmly on the map thanks to its peaceful eastern Algarve riverfront location, low density luxury homes and impressive Severiano Ballesteros-designed 18-hole golf course – Quinta do Vale has seen its image boosted even higher with the news that Sol Meliá will manage the resort’s 125-room five-star hotel.
Sheikh Maktoum predicts the UAE economy to grow in 2009
HH Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Ruler of Dubai, believes that the economic crisis that hit the UAE in the last quarter of 2008 is petering out with the worst of the crisis now behind them. With other major economies still experiencing a downward spiral, confidence is returning to the UAE.
Samos Mayor impressed with progress at Halcyon Hills
Samos Mayor, Filippos Petrouskas, recently met with Halcyon Hills developers to review updated architectural plans and progress at the site. Impressed with the completed flythrough and the new plans, Mr Petrouskas reiterated the importance of Halcyon Hills and its significant presence on the island of Samos.
New Turkish euro mortgage service launched
A new euro based mortgage service has been launched by Offshoreonline.org, the UK regulated specialist overseas mortgage broker.
Why our love for Spain just isn't on the wane
At the beginning of the year Skyscanner.net revealed their top 10 most searched for destinations by UK visitors for travel in 2009 and Spanish locations including Malaga, Alicante, Tenerife, Palma and Murcia secured five of the top ten spots and nearly a quarter of the top 50.
We’re all going on a Turkish summer holiday
According to Europe's second largest travel operator, Thomas Cook, the hottest ticket this summer is a holiday in Turkey and it's no surprise why thousands of Britons (as well as US President Barack Obama) are expected to visit this non-euro destination in 2009.
Rigorous banking regulatory helped Malta weather financial crisis
“The credit crunch has been felt far less in Malta because of the rigorous regulatory regimes that Malta has and also because the financial banking sector is not as sophisticated as in other countries. In a sense, whilst Malta may not be totally spared the impact, at least we have not been as badly hit as others”, says Benjamin Muscat, CEO at Midi plc.
134% increase in visitors to Brazil since 2004
Figures from the World Travel and Tourism Council (WTTC) show that in 2008, Brazil’s tourism industry rose to 13th position in the world in terms of the economic activity it generates.