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A £7.5bn Swiss building is the most expensive luxury home in the world, according to some reports. The house, located close to the Italian border, was created by opulent Brit Stuart Hughes, a designer famous for his expensive construction projects after making a golden car and a gold-plated iPad 2. According to Hughes’ own website, […]

After three years in the doldrums, property in Bulgaria is back in demand, according to a new survey.  Research has found that the buyers looking for property abroad have once again turned to Bulgaria, helping the nation leap into the top ten most popular destinations with people searching for overseas homes. Rise in searched for

New figures from the Cypriot Land Registry have showed that the slump in the country’s property market shows no signs of abating.  The number of sales of property in Cyprus has fallen for thirteen consecutive months and the number of houses sold fell by almost one quarter between July 2010 and July 2011. Sales falling

New figures from the Australian Bureau of Statistics have found that approvals for new homes in the country fell for a third consecutive month, raising fears that the housing market may be weakening. However, a leading economist believes that a fall in building approvals is actually a good thing for the housing market and should

The cost of contemporary homes has dropped in Canada, with Calgary seeing the biggest reductions. The price of a newly built house in Calgary fell in June by 0.3%, it was announced on Thursday. According to the Calgary Herald, the fall in price in the region was “the largest monthly decline in the country”, despite

While prime, luxury overseas property might not be seeing as much interest as it did before the ‘credit crunch’, some areas are beginning to see a pick-up in the number of buyers snapping up luxury Thai homes. One such area is the coastal property market in Phuket, the popular and exclusive Thai island. Foreign buyers

Fluctuations have continued in most exchange rates, as focus continues on debt problems around the world and the aftermath of the UK riots. the ECB reluctantly decided to buy Italian and Spanish bonds at the weekend , US debt was been downgraded for the first time in history on Friday, and the UK’s international reputation

Australian house prices are continuing to fall, according to the latest RP Data-Rismark Hedonic Home Value Index. Prices drop six months in a row Following the 2.3% drop in Australian house prices found earlier this year, the country’s real estate value has slid down once again. The most recent fall of 0.2% in June marks

Britons hunting for cheap property abroad are heading to Spain as the country’s market benefits from low prices, and Torrevieja is at the heart of the revival. Torrevieja is Spain’s “hottest” tourist destination The Costa Blanca town is “the hottest sales spot on the Costas”, reports PropertyinSpain.net. Torrevieja ranks just below Madrid and Barcelona in

Houses for sale in Barbados have benefited from a tourism boost, as the island announced success in a competitive market. Barbados welcomes more visitors From January to May this year, Barbados has housed 250,385 stay-over visitors, an increase of 13,724 from 2010. The number of passengers arriving from cruise ships has also increased by 3.4%