News

Irish spend on real estate in 2008 is forecast to fall to €15 billion, down 60% from €45 billion in 2007 and a phenomenal 73% down from the peak of €54.4 billion in 2006 according to Joan Henry, Head of Research at Savills Ireland. This is one of the main findings of Property Outlook, Savills […]

Overseas property buyers purchasing Cypriot property may be unaware of the legal position regarding their assets if the die in Cyprus. Lawyers at Pro Act Partnership a legal company specialising in expat Legal & Tax advice has clarified the position that may surprise many expats with homes in Cyprus.   Cypriot law diifers with UK and other

Normally, Orlando is a busy and expensive holiday destination for travelers and even those with second homes. But with the economic uneasiness this year, Florida’s vacation capital has plenty of good deals from hotels to resorts to airfares, and there are many great deals for those who want their own place in the sun.  

Nicaragua tourism industry has become one of the countries major factors in its increased economic success. During the last 10 years, the tourism industry has been one of the most dynamic of the Nicaraguan economy, reporting an annual average growth of 13 percent in visits and 11 percent in tourism receipts. Additionally, investments in this

Tourism increases to Central American countries from Europeans is on the rise with the British leading the way. According to reports 50,939 Britons visited the region from January to June 2008, which is 11% more than in 2007, when 45,778 arrived during the first quarter of the year. The figures coincide with an announcement that

Property prices in Vietnam have fallen, particularly in the major cities of Hanoi and Ho Chi Minh City. According to some reports, the drop in prices has brought them back to be more in line with their real value, which may spark some interested buyers to return. Investors are encouraged by the local market conditions

The owner of Sheraton hotels has plans to spend €4 million in the final months of 2008 and 2009 to renovate its Polish properties and to launch a spa in Sopot. Starwood Hotels and Resorts, which owns Sheraton, indicates that the spa in Sopot, along the Baltic Coast, will be the largest in the region.

A new report from the Luso-German Chamber of Commerce indicates that German businesses are more satisfied in Portugal than in other European countries. The head of the chamber, Patrick Schwarz noted that “around 85 percent of German businesses in Portugal are satisfied with their choice of location, in comparison to 80 per cent of businesses

Research conducted by the uSwitch web portal indicates that Spain has the highest quality of life amongst 10 EU countries. The UK-based company specializes in comparing and analyzing data on prices and living costs in England and throughout Europe.   Following Spain were France, Germany, Holland, Denmark, Sweden and Italy. Poland came in seventh with

Prices for homes on Dubai’s Palm Jumeirah Island have fallen significantly over the past several months, with some dropping as much as 40 percent. A four bedroom villa on the island is selling for 10 million UAW dirhams, or approximately £1.8 million. That’s down from 15 million dirhams in September, according to some property sources.