News

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 who were left in the lurch by companies that never finished their off-plan properties. […]

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 Ataturk International Airport and about a 25 minute drive from downtown Istanbul.   “This hotel is

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 economy. Bursa is located just inland from the Sea of Marmara and is

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, and has been a stumbling block in the ongoing EU talks for Croatia. Slovenia insists

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 the market for offices in Russia’s capital city has grown this year, and will continue to be strong in

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 of Belfast in March of 2008 and was also awarded Best In-Town Retail Scheme of the Year

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 for the well known and popular Promenada. Poldrim is a 5,500 square metre plot

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 crisis has taken its toll on tourism to Egypt.

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 Riviera Maya. The event will promote the unique culinary perspectives of local chefs,

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, it’s just a quick flight to enjoy the famed Portuguese