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Local buyers help Cyprus property market

Lower prices and improving economic conditions helped slow falls in Cyprus house prices in the second quarter of 2010, according to new figures from the Royal Institute of Chartered Surveyors (RICS) Cyprus property index. The index is compiled by the Cyprus office of RICS and Cypriot chartered surveyors. Local buyers returning The RICS index said,

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Top American Property Site Advice Re Brazilian Real Estate

Brazil is undoubtedly one of the world’s property hotspots. Many agents and property experts have identified the South American country as the place to invest, but now GlobeSt, the respected American property site, has also thrown its support to the country. “Nearly everyone involved with commercial real estate investment….says Brazil is the country to watch in

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Bank of England considers more Quantitative Easing

Rates for sending Euro payments have fallen 4c (3%) this month so far, with the biggest drop coming last week after the Bank of England revealed that they are considering more Quantitative Easing to stimulate the UK economy. Worries over the recovery and the extent of October’s forthcoming spending review have hit the Pound against

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High economic growth in Turkey points to property boom

Do you know which country has Europe’s fastest growing economy?Surprisingly, it isn’t one of the traditional Western powerhouses. Turkey’s economy grew by a staggering 10.3 per cent in the second quarter of 2010, making it the third fastest growing economy in the world, behind Singapore and Taiwan. And, this impressive economic growth is backing up the

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Brazilian Investment Bonds Sales Up

The Brazilian economy is going from strength to strength with real estate investments at the heart of the South American regions economic growth. Brazil is now witnessing the fastest economic growth in decades and as a result sales of securities are rocketing.   Securities backed by Brazilian real estate assets are surging construction companies and

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Cyprus title deed laws move closer to implementation

A long running issue regarding title deed disputes in Cyprus has affected over 100,000 homeowners on the island.  Now, after months of political wrangling, it seems as if legislation to sort out the ongoing problems is finally imminent. Long running dispute It is estimated that around 130,000 properties on the Mediterranean island do not have

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Major Spanish firm to build 900 Portuguese properties

Whilst the property market may be slowing in some parts of Europe, a major Spanish construction firm is about to begin building 900 new units on the Portuguese Algarve. The 70 year old Yeregui Group is committed to a programme of international expansion and has just received the go-ahead for a large development in Praia

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