News

The Bayswater tower in Dubai’s Business Bay development district is the first building to officially be handed over to its owners. Omniyat Properties is the developer based in Dubai that has completed the building and it said that it will hand over its next Business Bay tower in several weeks. Bayswater has 24 floors with […]

There are seven towers in the new development called One Central in the Chinese administrative region of Macau, or Macao if you like. The planned 796 luxury apartments in this new project will bring the housing in Macau to a decidedly better standard that currently exists. The former Portuguese colony is known for its casinos

The Knight Frank Global House Price Index for the first quarter of 2009 was just released and it shows that Israel and the Czech Republic lead the way over the past 12 months in terms of housing price growth. Israel saw a growth for the 12 months ending Q1, 2009 of 10.9 percent, while the

A new section of the Sofia, Bulgaria metro was officially inaugurated in May. The extension connects Vassil Levski stadium in the city’s downtown area the Mladost neighborhood in the south of the city. The city plans to continue expansion of the line to the Sofia airport over the next decade.   The new metro extension

Overseas property investors at the international real estate portal Homesgofast.com have been investing in a new type of investment in Argentina. The property website has been presenting Farmland to its investors who are seeking alternatives to traditional investments as a unique real estate opportunity.   SCS Farmland in northwest Argentina that provides a solid return

Construction recently began on a new oceanfront development on the southeastern side of Cat Island in the Bahamas for a new PGA Village and Beach Club. This will be the third village operated by the Professional Golfers Association, or PGA. The other two are in Port St. Lucie, Florida and Las Vegas.   This new

The New Acropolis Museum is finally set to open in June after many years of delays and frustrations. Construction of the museum began in November, 2004 and it was designed by Bernard Tschumi and Michalis Photiadis. There will be approximately 20,000 square meters of exhibition space in and around the museum.   The new glass

The former French home of jazz singer and starlet Josephine Baker has recently been put on the market. Le Beau Chêne, a 19th century neo-Gothic chateau is located in the village of Le Vésinet, a suburb of Paris that was originally built for the wealth bourgeoisie of the city on its western outskirts.   The

The pound has reached its highest level against the US dollar since November 2008, trading this morning at $1.61.   The news has been welcomed by British buyers of property in Florida, as well as businesses importing from the States or any other region where sending US dollars abroad is required to make payment.  

The economic climate indicator for Portugal improved in May, according to the country’s National Statistics Institute (INE). The number measures business confidence, and it moved from a record low of negative 3.0 in April to negative 2.5 for May. At the same time, consumer confidence also improved in May, said the INE.   The rebound