News

A recovery for the Pound today, after European GDP data came out weaker than expected, forcing the Euro slightly cheaper. Good news for achieving the best Euro exchange rates. The US Dollar also became cheaper during the course of the day, as the Pound took some strength from some momentum across the board. Mid-market rates […]

Turkey’s foreign minister recently told journalists in a visit to Latvia that his country will be ready to join the European Union by 2013. Turkey has launched a four year plan to modernize the economy and meet the standards necessary for EU membership.   Turkish foreign minister Ali Babacan told journalists that “We have a

On a beautiful hillside overlooking Funchal and the Atlantic Ocean is the Palheiro Estate. This historic property is being transformed into the premier development on the island with a golf course, luxury hotel and large lots for homes. Palheiro Village is a mix of individual villas and apartments and clubhouse facilities.   The spectacular hillside

A new website called WhyKrakow.com has just launched in partnership with the Polish National Tourist Office. This site lists 10 reasons on its homepage for why people should choose to visit Krakow and live in the area.   Acting Director of the PNTO, Ewa Binkin, said: “Krakow is a wonderful city and has lots on

12/02/09-The Pound has followed yesterday’s drop with further losses against major currencies, with US Dollar exchange rates particularly volatile after better-than-expected retail sales data released earlier on.   Mid-market rates at 1700 GMT:   Sterling – Euro = 1.1090 Sterling – US Dollar = 1.4233 Sterling – Australian Dollar = 2.1829 Sterling – New Zealand

A new gaming and mixed-use development is set to break ground later this year in Morocco. The 1,000-acre project is planned for the popular holiday city of Ouarzazate in the middle of the country near the Atlas Mountains. Société d’Aménagement et de Valorisation de Ouarzazate (SAVO) is the developer of the project, which will be

North of Los Cabos on the Baja Peninsula of Western Mexico is an increasingly popular destination for second home buyers and retirees. La Paz is the capital of Baja Sur, the southern of the two states that make up the peninsula. It is not nearly as well known as the towns at the very south

Prices for residential real estate in Dubai have taken a beating over the past few weeks and months, according to several recently released reports. Prices for many properties have fallen from 20 percent to 50 percent according to some news, though the overall price drop is uncertain.   The drop in prices is a result

Luxury brand Champneys is defying the global trend by opening a new resort in Spain. The prestigious resort located in Marbella has views down towards the sea and is being described as ‘a dream is becoming a reality’. The 1st March 2009 will see construction commence on the site of the new Champneys Marbella spa development, the first resort

11/02/08 The Pound has followed yesterday’s drop with further losses against major currencies. The Bank of England’s governor Mervyn King spoke about a deep recession in the UK which has further dented confidence in the UK economy, leading to a sell-off for the Pound.  Mid-market rates at 1700 GMT:  Sterling – Euro = 1.1149 Sterling