News

Economists in the Czech Republic have indicated the country’s economy is dependent on the development and growth of the Western European economy, according to a new poll published by the Czech News Agency. Economic growth is expected to slow to 2 percent for 2009, with some economists predicting an even great slowing to 1 percent. […]

The markets are full of news concerning different governments and central banks doing their utmost to support their domestic economies in the global slowdown. The Japanese Yen drops to its lowest levels, the Russian Rouble is devalued, the Pound nears parity with the Euro and the Irish inject more money into the economy..   The yen dropped

Once one of the most exclusive spas in Europe, which had been lost for centuries has been fully restored to its former glory. The long forgotten piece of Renaissance history is now an awe-inspiring private retreat, and is available to buy through independent real estate agency 2,500,000 Euros. The spa was originally set in the

The government of Cyprus has recently given the go-ahead for as many as four new marinas for the island country in a bid to increase tourism. The resort destination of Limassol will be home to the grandest marina of all.   Limassol Marina will begin construction in early 2009 and will have its own artificial

A brand new luxury residential development is set for the heart of Kuala Lumpur city center (KLCC). The new property is called The Regent Residences Kuala Lumpur and will be a 38-floor high rise with serviced apartments and direct access to the underground Light Rail Transit (LRT).   Jennifer Chow, senior manager of corporate communications

The property market in London was one of the hottest markets in the world not long ago. Over the past several months, however, the market has dropped significantly. Prime central London property values have dropped 8.7 percent for all of 2008 and some 20 percent since September of 2007, when prices were at their peak.

The Belfast Telegraph report on an apparent overseas property scam which has resulted in Bernadette McGeary facing charges of obtaining money by deception. The alleged scam involved both life style buyers and overseas property investors who bought properties in Spain.   The property buyers paid half the cash up front for their Spanish homes but they

The UK property market is a buyers market and is offering property investors opportunities never seen before and for one famous entrepreneur this also means property websites   One of the UK’s most high profile and successful entrepreneurs has been appointed chairman of a leading property website, www.look4aproperty.com James Caan says the move demonstrates his

The UK’s professional body for estate agency personnel the National Association of Estate Agents (NAEA) report on falls in UK house prices but also provide positive news that may indicate hope for the British housing market  The NAEA www.naea.co.uk/  monthly house price survey indicates a dramatic fall in prices  across the UK however amongst the

The UK government has taken a positive stance by deciding to warn its citizens against purchasing real estate in Israeli-occupied Palestinian territories. The advice to be posted on the Foreign Office website has caused an Israeli MP to call the move Anti-Semitic.   The advice, to be posted on the Foreign Office (FCO) website warns