Investors may not be flooding the market at the moment, but the long term forecast for Asia’s property market is solid. The Asian Real Estate Association (AREA) has just released its latest research showing that investors still like the Asian real estate market for the medium and long term. The report, entitled Investment Intentions […]
Investors Look to the Future in Asia Read Post »
The World Bank issued its latest forecast for the global economy and predicted that the worldwide recession will be deeper than many expected. The bank said that unemployment and poverty will continue to rise in developing nations and predicted a 2.9 percent contraction in the global economy for all of 2009. That is a greater
World Bank Issues Forecast Read Post »
China has relaxed a key financial requirement for commercial property developers to proceed on new products, according to a recent report in the China Daily. The policy changes, which lowers the ratio of capital to costs, is hoped to ease developers’ capital strain and lead to a more stable market. The State Council announced
China Lower Capital Requirements Read Post »
Portugal’s capital city is becoming a more popular destination for visitors to the country than the famed Algarve region, according to the most recent statistics. For all of 2008, the economic value of tourist stays in Lisbon and the surrounding area was €569 million, just 11 million behind the Algarve. For the first quarter of
Lisbon Overtakes Algarve Read Post »
BOM SUCESSO – Design Resort, Leisure & Golf Portugal, in conjunction with the Vale de Galamares Golf Club, organised a charity golf tournament which was held on 26 April 2009. The event and raised thousands of Euros for a This tournament, which BOM SUCESSO hopes to repeat every year to support other causes,
Bom Sucesso Golf In Charity Event Success Read Post »
While home prices in the United States have fallen dramatically in many places, the long term outlook for some areas is still excellent. US News and World Report has listed its top 10 housing markets for the next 10 years, keeping in mind that many US markets will appreciate considerably in the coming decade.
Top US Housing Markets Read Post »
Real estate investors in Spain are hoping for wide-scale amnesty in the face of crackdowns on illegal planning in the recent housing boom. Many new homes in Spain, particularly along the coastal areas, or costas, were constructed with permission of corrupt officials and planners. With so many new homes, it would be difficult to demolish
Spanish Investors Look for Amnesty Read Post »
Record low interest rates in the UK mean that homeowners are actually better off than before – in one sense. The average homeowner with a mortgage now has more left over after paying the bills due to the low interest rates and some lower costs for other household expenses, according to the consulting firm Ernst
UK Low Interest Rates Read Post »
Following a Royal Commission of Inquiry led by a retired judge from London, the British government will take direct control of one of the last colonies, Turks and Caicos. The Caribbean islands are a popular tourist and holiday destination and a favorite of celebrities and stars. A year-long investigation has found “the high probability of
New Rule for Turks and Caicos Read Post »
Prices for rental properties in Valencia, particularly along the popular Costa Blanca, are much lower in 2009 than in the past several years according to reports from the region. Owners of apartments and villas have noted a large drop in bookings and have had to make deals to encourage travelers and renters to visit the
Valencia Rent Prices Down Read Post »
